New apartments, The Banks' Phase IIA construction to begin Tuesday

CINCINNATI -- A new apartment community will soon be built at The Banks.

Groundbreaking for The Banks' Phase IIA is scheduled to begin Tuesday, May 6, at 10 a.m.

It's being held at the top floor of Riverfront Garage, right at the construction site.

Mayor John Cranley, Hamilton County Commission President Chris Monzel and others are set to attend the grounbreaking. Pedestrians can gain access to the site by using the Race Street bridge. Street parking will be available, on a first come, first serve basis.

The 9-story structure will stand in the block bounded by Rosa Parks to Race Street, and between Freedom Way and Second Street, according to Libby Korosec, spokeswoman of The Banks.

Korosec said there will be about 290 apartment homes built, including one and two bedroom units. The building will include about 20,000 square feet of retail space.

In the first week of construction, workers will assemble fencing then get ready to demolish certain areas for the overbuild construction.

The first set of apartments, The Current at the Banks, was completed in April 2011. The homes are located one block east, next to Great American Ball Park.

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