Commentary: Saks site gives Cincinnati the chance to chart a new course for economic development

By the time Saks Fifth Avenue leaves its downtown Cincinnati store for Kenwood in 2016, you can bet city officials will get a bargain basement full of ideas for what to do with that site.

Here's my contribution:

FOR SALE BY OWNER

It's time to return some market discipline to downtown Cincinnati, where governments own more than 40 percent of the real estate and development cannot be accomplished without massive subsidy.

 

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