Monday, December 31, 2007

Monday news roundup

A look back at development news reported in the local media over the past week:

The Cincinnati Enquirer reports that soil sampling for the Banks project has begun. Samples were taken from areas near the project's first phase, which is close to Great American Ball Park.

In related news, the Enquirer explains how the Banks' first phase might be financed. Carter and Dawson have until January 22 to secure commitments for the $74 million cost.

The Enquirer featured an article about the future of the Madisonville business district after the demolition of the Madison Building. This always raises the question - which is better, several derelict buildings or several vacant lots?

The Business Courier of Cincinnati reports on the Freestore Foodbank's plans to demolish several properties in Over-the-Rhine and the West End. Someone over there must read this blog, because I've noticed similar stories appearing in their publication a day or two after I've posted mine. See also the Queensgate/Dohoney story....

The Enquirer reports that the $43 million Duck Creek flood control project has made its way to Oakley. Land has been cleared near Steel Place for the installation of levees that will protect nearby homes and businesses.

The Enquirer reports that the City will give $50,000 to help support the Parkland Theatre in Sayler Park, with another $50,000 to be given to support other neighborhood projects. Is this a political move by John Cranley, because this neighborhood is largely ignored by the City?

The Business Courier reports that four local home builders and the Homebuilders Association of Greater Cincinnati have filed suit against Hamilton Township because of their $6,100 per home impact fees. Not only do they claim that the fees are not supported by U.S. and Ohio law, but they also claim that, because they are a "tax" on land that is not tied to the land's value, the fees violate the Ohio Constitution.