On the 34th episode of The UrbanCincy Podcast, Randy, John, and Travis discuss several housing developments in the urban core, including The Banks Phase 2, which broke ground earlier this week. We ask why many Cincinnati developers are reluctant to invest in urban projects, even as demand has sharply risen. While there is demand for as many as 5,000 new apartments and condos in the urban core, only about 1,500 units are planned for the next few years. Finally, we speculate on whether rents will fall as more new apartments become available.
Episode #34: Urban Housing
Randy, John, and Travis discuss The Banks Phase 2 and other housing developments in the urban core. We ask why Cincinnati developers are reluctant to invest in new projects despite the rising demand for new apartments and condos.