The Banks is an 850 million dollar, 11-year, 120-acre riverfront neighborhood, and Cincinnati just approved its next phase
Cincinnati City Council unanimously approved a riverfront development plan for The Banks, led by Perkins and Will alongside public and private-sector partners, with construction costs estimated between 750 million and 850 million dollars. The plan transforms five vacant riverfront blocks along the Ohio River into a cohesive 120-acre neighborhood, featuring two 25-story residential towers intended to attract more than 3,000 new residents, with more than 2.5 million square feet of new development in total. Cincinnati's Planning Commission signed off on an updated urban design plan for The Banks in May 2026, moving the project one step closer to reality, with the full plan calling for development to occur over the next 11 years.
Honest read: with an 11-year build-out horizon and only the urban design plan recently finalized, The Banks remains in its genuinely earliest stages relative to its full 120-acre vision, and a rendering brief for any component should reflect that long timeline directly, similar to the multi-decade framing appropriate for Sacramento's Railyards and Atlanta's Centennial Yards elsewhere in this series.