Urban Cincy reported this morning that Mayor Mallory has selected the development company that will finance, plan, design,construct, operate and maintain Cincinnati’s Modern Streetcar System. The location of the streetcar would be on the northern end of the Downtown/Over the Rhine circulator which would head uptown from there. This is great news for Cincinnati Real Estate. The addition of a streetcar in Downtown Cincinnati is great news for Cincinnati Real Estate. The continual development and success of downtown will continue to attract the creative class, which could eventually lead to new businesses moving their headquarters to Cincinnati.
Since it is the start of the holiday weekend that kicks off the Summer 2009, I thought I would stray from my usual Cincinnati Real Estate informative postings and let people know where to have fun in Cincinnati this weekend! Please check back next week to hear more specific information about the first time home buyer tax credit, my new rental property portal, the Realtor credit union and much more. Happy Memorial Day!
TASTE OF CINCINNATI AND TASTE THE HYPE – MAY 23 – 25
The annual P&G Taste of Cincinnati USA is this weekend on Fifth Street downtown. Now the nation’s longest running culinary arts festival, the Taste features over 40 fine restaurants serving delectable menu items. Also, enjoy a music festival with continuous live entertainment from local and national recording artists. Admission is free and every entrée is $5 or less. Hours are Saturday, May 23 and Sunday, May 24 from noon to midnight and Monday, May 25 from noon to 9:00 p.m. For more information Click here
On Saturday, May 23 from 7:00 to 11:00 p.m. young professionals can receive VIP treatment at Taste the Hype which includes free parking at Fountain Square Garage, beer and wine, plus beer and wine sampling, food fetched by volunteers, souvenir refillable mug and a prime seat to catch the music of the Rusty Griswolds on Saturday night. This affair is only $25 per person or $40 for two ($20 per person). Click here to reserve your tickets now.
Cincinnati Metro launched six hybrid mass transit buses today on Earth Day. To celebrate the occasion there was a parade of the new buses from Eden Park to Downtown. This story was featured on CNN. It is great to see national news covering positive stories about Cincinnati.
CNNMoney.com did a study to find the cities where home prices are likely to rise the most – or fall the least – over the next 12 months. The top six cities were: Atlanta, Boston, CINCINNATI, Cleveland, Detroit, and Houston.
The article states that the reason Cincinnati appears on this list is a result of the city’s manufacturing-heavy economy which should benefit from the falling dollar. Commercial building is up, and high-end developments are moving in. Some of these developments include The Banks Project, The Gateway Quarter, and other 3CDC downtown projects are contributing to the local economy. Other notable development in the suburbs include Kenwood Towne Place, Nordstrom that is being constructed at the Kenwood Towne Centre, and the recent addition of IKEA in West Chester.
Want to test your endurance? Sunday, February 24th is the annual Climb the Carew Tower event to raise money for the American Lung Association for details please click here. Climb the tallest building in Cincinnati a whopping 45 floor climb.
Events with Approximate Start Times:
10:00 am-10:30 am Competitor-Climb up the tower as fast as you can while racing others
10:30 am-11:00 am Superclimb- Race up the tower, back down, and back up again
11:30 am -1:30 pm Casual Climb- Take your time and have fun
1:30 pm- 2:00 pm Half Climb- Climb up to floor 21, a good race for kids
The fees for this race are $50 registration and a $75 pledge minimum totaling ($125) all for a great cause. Have fun!
