Cincinnati planning commission approves new phase of The Banks development

The Banks’ development plan adds new housing, retail, and public spaces along Cincinnati’s riverfront.

The development project for The Banks received approval from the Cincinnati Planning Commission for a large-scale expansion that will add residential buildings, retail space, entertainment venues, offices, and new public amenities over the next decade.

The Cincinnati Planning Commission approved updated plans for The Banks development during a May 15 meeting, advancing one of downtown Cincinnati’s largest riverfront redevelopment efforts. City officials and development partners said the project will reshape multiple vacant parcels between Paycor Stadium and Great American Ball Park with new mixed-use construction designed to increase housing, business activity, and pedestrian access.

According to reporting from WLWT, the updated master plan covers five major development sites and includes proposals for apartments, restaurants, hotels, structured parking, office space, and expanded riverfront attractions. Developers also proposed a marina district and additional public gathering areas as part of the long-term vision for the site.

The Banks development has remained a centerpiece of Cincinnati’s waterfront revitalization strategy since construction began in 2008. The district already includes residential buildings, bars, restaurants, entertainment venues, and access to Smale Riverfront Park. Officials said the newest expansion intends to continue that growth while connecting downtown neighborhoods more closely to the Ohio River.

The Banks’ development focuses on mixed-use growth

Project leaders said The Banks’ development will prioritize walkability and year-round activity. Planning documents presented to the commission showed wider sidewalks, pedestrian corridors, new storefronts, and public plazas integrated into future construction phases…

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