Since 2007, Carter has been the master developer and an equity partner for The Banks, Cincinnati’s landmark public-private mixed-use project on the banks of the Ohio River between Paul Brown Stadium, the Great American Ball Park and adjacent to the CBD. This live, work, play destination has become the capstone for regional economic growth and urban revitalization, driving an estimated $1 billion annual impact to the region’s economy, creating a market for downtown residents, and attracting headquarters for major corporations such as GE to the development.
At full build-out, The Banks will include 1,800 residential space units, 400 hotel rooms, one million square feet of office space and more than 400,000 square feet of retail. Both Phase I and Phase II of the project have been delivered to resounding success.
The project was made possible by a commitment from The Banks Public Partnership, a partnership between the City of Cincinnati and Hamilton County. By leveraging local, county, regional, state and federal resources, the partnership was able to provide the public infrastructure necessary to allow for private development. The project continues to be a collaboration between the public and private parties at every stage of the development.
Today, the project features:
• 592 multi-family units
• 96,000 sf of retail
• 171-room Marriott AC hotel (under construction)
• 338,000 sf built-to-suit for GE’s U.S. Global Operations Center
• 5,500 below ground parking spaces, with 792 spaces under construction
Scope of Services
Phase I (Public)
Parking / Infrastructure
300 residential units
77,000 sf retail Marriott AC (165 keys)
Phase II (Public)
Site Preparation / Parking / Infrastructure
292 residential units
19,000 sf retail
Phase IIB (GE)
Phase I: CR Architects
Phase II: The Preston Partnership
Brasfield & Gorrie