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The Banks Cincy

News and Press


The Banks developers hope to have hotel ready for 2015 All-Star Game

The development team for The Banks is looking at the 2015 All-Star Game as a goal for having a 200-room hotel up and running.

“It’s not a deadline or a hard and fast date, but it would be very beneficial if the hotel was open by that time,” said Banks spokeswoman Libby Korosec.

I met with Korosec and other members of The Banks development team – Scott Stringer, executive vice president of Carter, and Laura Swadel, vice president of Carter – to discuss the region’s largest mixed-use development.

Developers for the project along the Ohio River said they’ve been in active discussions for a developer for the hotel since July of last year.

When talking about the type of hotel the developers want to bring to the site, Stringer was careful in describing the concept they would like to see next to Great American Ball Park.

He didn’t categorize the concept as a boutique hotel or a full-service hotel, and he said it could be more or less than 200 rooms.

Carter and the Dawson Co. are the master developers of the 18-acre mixed-use project. The Banks’ first phase includes 300 apartments and 96,000 square feet of retail space built along the banks of the Ohio River. The retail space is 92 percent leased, with one 7,200-square-foot space remaining, as well as a pad for a second restaurant across from the soon-to-open Yard House