Tuesday, February 11 2014
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Construction Alters Route for Opening Day Parade
The annual parade for the Cincinnati Red's Opening Day will be taking the scenic route this year due to ongoing construction along Race Street. In its 95th year, the parade will come south down Elm before hanging a left on Fifth Street to rejoin the normal route that runs alongside Fountain Square. The festivities kick-off at noon with the Redlegs facing the St. Louis Cardinals later that afternoon.
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Businesses by the Banks Bewildered at Poor Profits
Despite an annual intake of $92 million, some businesses at The Banks are struggling, according to a detailed investigation by The Cincinnati Enquirer. Those struggling businesses complain that the area is missing key pieces such as a hotel, office tower or grocery store. There's some hope for the businesses, however, with a 291 apartments and 19,000 square-feet of retail space planned for development soon, which will bring the total amount spent by taxpayers to $127.7 million.
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Streetcar's Downtown-to-Uptown Route Poses Challenges
Pro-streetcar advocates are plotting to expand the streetcar's route another mile toward Uptown despite mounting challenges from detractors. A number of challenges, including an important power line to the city that runs underneath Vine Street and an unbudging Mayor John Cranley, threaten derail the plans of connecting Downtown to Uptown. Streetcar supporters maintain that connecting the two key business districts is crucial for the system's long-term success. John Deatrick, who is managing the streetcar project, said he and his team are currently figuring out if completing Uptown route will keep the project on its $128 million budget.
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Scripps Makes Some Acquisitions, WCPO is Now Airborne
The media arm of E.W. Scripps Co. is now capable of reaching 12% of American households, thanks to a recent acquisition of two new television stations. The owner of the Cincinnati news outlet WCPO has also just added a new helicopter to its local arsenal. Dubbed Chopper 9, the latest addition to the regional airspace and only local news helicopter will be bringing you aerial footage of breaking news and daily traffic reports.
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Cranley Crafts a Second Parking Solution
Mayor John Cranley is looking for five votes on Cincinnati City Council to approve his recommended plan for the city's parking system. Under Cranley's plan the city's Parking Services Department would continue to run the maintenance and operation of the city's meters and garages, according to The Cincinnati Business Courier. The plan calls for about $25 million in revenue bonds to improve the city's parking systems and expects an eventual return of $7.4 million per year.
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