City to purchase Tower Place Mall downtown
A new study on Cincinnati boasted the power of tourism for the local economy and community. The report is the first of its kind in a decade. But what is it about Cincinnati that makes it so attractive to visit?
Photographer: Rachel Streitfeld/CNN
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Posted: 11/13/2012
CINCINNATI - The city of Cincinnati is making plans to buy the Tower Place Mall downtown for $6.6 million.
The plan also calls for the city to buy the mall parking garage on Fifth Street.
Cincinnati City Council is set to vote on the plan this Thursday. City officials told 9 News buying the property would give the city control over how it's developed.
The mall is in foreclosure.
Stay with 9 News and WCPO.com for updates on this development.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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