OTR redevelopment sets precedent for other cities
Public and private redevelopment efforts in Over-the-Rhine are catching the eye of cities like Atlanta and St. Louis. Both cities have experienced the same struggles as Cincinnati, but are making major strides.
Public and private redevelopment efforts in Over-the-Rhine are catching the eye of cities like Atlanta and St. Louis. Both cities have experienced the same struggles as Cincinnati: disinvestment, crumbling historic properties and depopulation.
Efforts from groups like 3CDC have made OTR a shining example of urban redevelopment, and the streetcar is helping bridge the gap between OTR and downtown. Another major project that will further close that gap is the new Kroger on Walnut.
Historically, developers have relied heavily on state historic tax credits, but with major federal cuts to the program, those dollars will be greatly reduced and may affect the number of historic renovations in Cincinnati’s future.
Click here to read more about the strides Atlanta and St. Louis are making to combat issues like depopulation and historic redevelopment, using Cincinnati as a guide.
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