Dive summary:

• Comprising a nine-story residential and retail building covering a city block, Phase IIa of The Bank development in Cincinnati is slated to get under construction this December and finish in 2015.
• The plans call for 305 apartments and 21,000 square feet of retail space to complement Phase I, which has its 300 apartments fully leased and 91% of its 96,000 square feet of retail space.
• The project is getting tax breaks from the city and Hamilton County, which will meet this week about the deal, thanks to an abatement that is expected to be worth $12.9 million over 15 years to the partnership of Carter and The Dawson Co.

From the article:

Mayor Mark Mallory said in a press release that the project ”will continue the momentum of our city’s economic development efforts – adding jobs and making Cincinnati a more vibrant community.” ...