CINCINNATI — Dinsmore earned unanimous approval from the Cincinnati City Council this month for the major zoning overhaul of the remaining undeveloped parcels at The Banks, clearing the way for the next phase of one of the region’s most significant riverfront development projects.
Dinsmore represented Hamilton County, a partner in The Banks development alongside the City of Cincinnati. Dinsmore Development & Zoning Team Leader Richard Tranter led the zoning and entitlement process that culminated in the council’s approval of the estimated $800 million project, which had stalled prior to Dinsmore’s involvement.
The action paves the way for a comprehensive redevelopment plan encompassing approximately five undeveloped parcels surrounding Paycor Stadium. The proposed vision includes new residential, retail, hospitality and public gathering spaces designed to further establish The Banks as a year-round destination connecting downtown Cincinnati and the riverfront.
“The unanimous approval of this zoning framework marks a significant milestone for The Banks and for Cincinnati’s future,” Richard said. “This project has the potential to further transform the riverfront, create new opportunities for residents and businesses, and strengthen the connection between downtown and the Ohio River.”
The approval follows extensive collaboration among Hamilton County, the City of Cincinnati, project stakeholders and development professionals. The redevelopment is expected to attract substantial private investment and support continued growth in the urban core.
The Banks is widely regarded as one of Cincinnati’s signature mixed-use developments and a key economic development initiative for both the city and Hamilton County.