by Hannah McCartney
Posted In: News
at 10:30 AM | Permalink
Downtown Cincinnati Inc. report finds 12 percent growth in 2011
From the edge of the Ohio River at blooming Smale Riverfront Park to the buzz at Fountain Square to gush in the Gateway Quarter, it feels like something is happening in downtown Cincinnati. It feels different. Something is different: According to the findings of the "2011 State of Downtown Report," released today by non-profit advocacy group Downtown Cincinnati Inc., downtown Cincinnati experienced a 12 percent population growth in 2011, bumping residency downtown to more than 13,000. "There seems to be a really positive vibe going on downtown lately," notes Mindy Rosen, senior vice president for marketing and communications for Downtown Cincinnati Inc. The report also noted 80 percent of survey respondents reported an overall positive impression of downtown — a stark increase from 2010's 67 percent. "When there are more people living and working downtown, we can support more businesses and it becomes a more vibrant place. When more people are out and about it makes people feel safer," Rosen said. Rosen notes that the growth can be attributed to expansion of housing options downtown such as the wildly popular Current at the Banks, which are attractive to downtown employees seeking convenience. 2011 also welcomed 28 new establishments to the downtown area, according to the report. 2012 is expected to be another high-growth year for the area — Downtown Cincinnati Inc. sites the 2012 World Choir Games, Bunbury Music Festival, opening of the 21C Museum Hotel, the Horseshoe Casino and several other large-scale attractions as testament to the growth expected in the downtown urban core. To view the comprehensive report, click here.