For the second time, Cincinnati City Council has passed unanimously an ordinance allowing the City to sell portions of two Queensgate streets to National City Bank for the construction of a new data processing center.
The new ordinance also repeals a prior ordinance passed in September 2008, which could not take effect because abutting property owner CSX Transportation had not been given the proper six-week notice and had not consented to the sale of the 0.4 acres of McLean Avenue and Richmond Street, part of a parking lot located behind the bank's Dalton Street facility.
National City will pay $17,500 for the property.
The bank has said previously that the planned expansion will cost between $45 million and $55 million and will add 75 to 125 new jobs.
Previous reading on BC:
City, National City try again in Queensgate (1/26/09)
National City gets Queensgate expansion room (10/1/08)
Street sale would aid National City expansion, add more than 75 jobs (9/3/08)
Thursday, April 9, 2009
New ordinance passed for National City data center
