Downtown Cincinnati is the heart of the growing and vibrant Cincinnati Usa region. As the front door to the region, the Central Business District (CBD) along with its neighboring communities— Over-the-Rhine, the West end, Pendleton, and Mt. adams— continued to grow and evolve to meet the needs of its many visitors, residents, employees, and property owners.
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Downtown Cincinnati Incorporated (DCI) with the collaboration and assistance of many public and private partners, researches, compiles, and publishes the State of Downtown Report annually. In its sixth year of publication, the State of Downtown Report provides a comprehensive profile of the various downtown markets: Development Projects; Office and employment; retail and restaurant; residential; Conventions and Hotels; arts, Culture and entertainment; safe and Clean; and access and Parking.
2009 was a challenging year globally, nationally, and locally. the economy was less than optimal and made success difficult across nearly every industry. However, downtown Cincinnati continued to seek innovative ways to maneuver the economic trials of the 2009 economy.
The national retail market faced a number of obstacles but downtown retail and restaurants remained relatively stable. In the office and employment market, the commercial brokerage community faced a variety of challenges including high vacancy rates, but began to see companies hiring again, which led to lease renewals and expansions.
Although the housing market remained in flux throughout 2009, downtown Cincinnati’s residential market was steady in comparison to other markets. Development projects slowed slightly, but the continued progress of major developments such as the Banks, Queen City tower, and the Over-the-rhine revitalization contributed to downtown’s continued positive momentum.
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Cincinnati minister and civil rights leader Damon Lynch says he sees no sign of community anger over the weekend police shooting of a black teen.