Cincinnati growth and development organizations join forces

3CDC, DCI combine to fulfill 'similar missions'
Posted at 3:37 PM, Dec 20, 2018
and last updated 2018-12-20 15:46:40-05

CINCINNATI — A pair of organizations focused on expanding Cincinnati’s urban core are combining their efforts, creating a single development group, the organizations announced Thursday.

Downtown Cincinnati Inc., DCI, will become a subsidiary of Cincinnati Center City Development Corporation, 3CDC, following a vote by DCI’s board of directors. The change is effective Jan. 1.

“Downtown has grown tremendously over the past decade and bringing these organizations together enhances their capacity to continue developing a strong and vibrant urban core,” said Elizabeth Sherwood, board chair of Downtown Cincinnati Inc.

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DCI and 3CDC focus on growth and development in the city’s center including the Central Business District, The Banks and Over-the-Rhine. The organizations provide similar services including event management, retail services and family-friendly activities.

A joint leadership committee will work to manage the transition over the coming months to keep programs like the Ambassador Program — operated by DCI — up and running, according to a press release.

“Both DCI and 3CDC have strong track records and have contributed significantly in making downtown Cincinnati a thriving place to work, live and play,” said Brian Banke, board chair of the Downtown Cincinnati Improvement District. “Working together, we can do even more to provide pioneering safe and clean services and deliver even more engaging programming for downtown Cincinnati.”

Banke said the organizations will schedule an information sharing session for property owners in early 2019.