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The UrbanCincy Podcast

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.

Mercer Commons is a three-phase development that will include a grand total of 126 apartments and 28 condos, in addition to retail space.

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.

By Travis Estell

Travis joined UrbanCincy in 2009 as a contributor, and quickly took over technical responsibilities for the site. After growing up in Cincinnati’s east side in Goshen, Travis earned an Electronic Media degree from the University of Cincinnati in 2009. Since then, Travis has been working throughout the United States as a web development consultant. After living in Clifton Heights, Northside, and Over-the-Rhine, Travis now resides in Cincinnati’s Central Business District.