CINCINNATI (Cincinnati Business Courier) – The shuttered White Castle at the entrance to Northside’s business district will be demolished and acquired by the neighborhood’s community development corporation, priming it for potential redevelopment.
Demolition was ongoing Nov. 14.
Northsiders Engaged in Sustainable Transformation has a purchase contract for the property from the limited liability company that owns it for $355,000. NEST is seeking up to $450,000 in tax-increment financing (TIF) funds for the purchase and related costs. Neighborhood TIF districts steer property taxes stemming from rising property values into a fund that the city can use to make public improvements throughout the district…