WEBVTT - 11-20-25 Sloan with Seth Walsh

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<v Speaker 1>You want to be an American back half the week,

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<v Speaker 1>got a love it Sloanely seven hundred WLW and a

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<v Speaker 1>big sports weekend head more on that a little bit

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<v Speaker 1>later and news involving Joe Burrow will have that covered

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<v Speaker 1>for you this morning.

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<v Speaker 2>Could be maybe possibly will we see him in action

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<v Speaker 2>against the Patriots of New England on Sunday. So you're

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<v Speaker 2>saying there's a chance before that. The city wants to

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<v Speaker 2>move forward on a plan to finish the banks, but

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<v Speaker 2>the county says we're broke, it's not a priority, and

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<v Speaker 2>we've got more disagreement between the county and the city.

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<v Speaker 2>The plan calls for up to eight hundred million dollars

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<v Speaker 2>in redevelopment over the next fifteen years to complete the

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<v Speaker 2>five remaining lots at the now twenty year old banks.

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<v Speaker 2>And we have a new twist Council unanimously approving four

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<v Speaker 2>million to buy the former free store food bank location

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<v Speaker 2>on Central Parkway that's next to TQL that's causing speculation

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<v Speaker 2>as a possible site for a new arena. All this

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<v Speaker 2>and more. He is the development guy on City Council.

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<v Speaker 2>That would be council Member Seth Walsh on the Scotslane show.

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<v Speaker 3>Soeth, good morning.

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<v Speaker 4>How are you moring, Scott see how Man?

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<v Speaker 3>Yeah, doing well.

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<v Speaker 2>Lots to unpack here, and this is so in your wheelhouse, obviously,

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<v Speaker 2>let's start with this new information about buying the four

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<v Speaker 2>million dollars a lot. I'm looking at the aerial on

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<v Speaker 2>Google Earth of this thing. I'm looking at it, going okay, well, uh,

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<v Speaker 2>it's next to public television, public radio. Across the street

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<v Speaker 2>is Queen City Radio, so it's in the shadows of

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<v Speaker 2>TQL Stadium. But I'm trying to see how you fit

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<v Speaker 2>an arena in there? Can you do it? If CET

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<v Speaker 2>goes away? Although I know they just spent a ton

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<v Speaker 2>of money on their their remodel. The other side of

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<v Speaker 2>this is a Duke Energy substation that's not movable. You've

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<v Speaker 2>got houses behind it. The neighbors don't want this going

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<v Speaker 2>across Central Avenue and keep it on Central Parkway. Is

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<v Speaker 2>this the site for a future arena?

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<v Speaker 4>I mean it could be very well, could be.

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<v Speaker 5>Yeah, it's one of the sites, and you know, Scott

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<v Speaker 5>to take a look at it. You know, it's identified

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<v Speaker 5>in the arena study that was done last year in

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<v Speaker 5>twenty twenty four as one of the four cential sites

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<v Speaker 5>for where we could be putting an arena, including the

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<v Speaker 5>existing location. And that's why this acquisition is so important,

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<v Speaker 5>even if it ultimately doesn't become an arena. Let's get

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<v Speaker 5>control of the land so we can have that conversation

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<v Speaker 5>and we can drive this conversation and make sure that

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<v Speaker 5>we are evaluating all the options and we don't ultimately

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<v Speaker 5>get strung out with somebody having control of a valuable

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<v Speaker 5>parcel that we want if we want to put an

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<v Speaker 5>area there.

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<v Speaker 4>So yeah, it absolutely could be an.

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<v Speaker 3>Arena possibility there.

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<v Speaker 2>So moving some stuff right of course, you know, we

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<v Speaker 2>know what's going on with the public public media. CET

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<v Speaker 2>owns the building in the air rights, the city owns

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<v Speaker 2>the land itself. Cost about fifty million dollars to move

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<v Speaker 2>this thing, and you know you got to come up

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<v Speaker 2>with fifty million.

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<v Speaker 3>Dollars to do that.

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<v Speaker 2>If that's a possibility, then certainly you could put that

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<v Speaker 2>right next to TQL Sadam and almost like what you know,

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<v Speaker 2>putting the arena next to pay Corp, which I think

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<v Speaker 2>would be great, But we're not going to do that obviously.

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<v Speaker 2>Because now you can share facilities, you can share infrastructure

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<v Speaker 2>that that's good, But doesn't that then take away what

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<v Speaker 2>we're talking about from the Banks, Because I'm sure that

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<v Speaker 2>the entities at the Banks, and now you're negotiating with

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<v Speaker 2>the county on this, want to keep the arena in

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<v Speaker 2>its present location. A new arena if they're to build it,

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<v Speaker 2>why spend all the money in the Banks. If you're

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<v Speaker 2>going to build an arena in the West.

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<v Speaker 5>End, well, the Banks, regardless of whether there's an arena

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<v Speaker 5>there or not. They already have two stadiums, so it's

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<v Speaker 5>not like we would be taking all the supporting opportunities

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<v Speaker 5>away from there if it did move, which again is

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<v Speaker 5>not even close to being decided. And I think there's

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<v Speaker 5>a very real conversation you have about the arena staying

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<v Speaker 5>at the Banks, and there's some interesting r renderings put

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<v Speaker 5>out about that recently.

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<v Speaker 4>But if it.

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<v Speaker 5>Moved off the Banks, I think that's part of the

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<v Speaker 5>larger conversation we need to have about the Banks.

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<v Speaker 4>This is the front bord to our city and it's.

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<v Speaker 5>The last great frontier of how we can really rebuild

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<v Speaker 5>the downtown right on the river, how people are coming

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<v Speaker 5>into the city of Cincinnati, and the opportunities there. I

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<v Speaker 5>think we need to be envisioning in a way that

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<v Speaker 5>is more than just expecting sports teams spill to keep

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<v Speaker 5>it alive and active.

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<v Speaker 4>Frankly, which is what gets me excited about the plan.

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<v Speaker 2>Is this also maybe leverage because you know, the county

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<v Speaker 2>stand we're broke, it's not a priority. The ferris wheel

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<v Speaker 2>will screw up the Freedom Center on all these other things,

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<v Speaker 2>and you guys so far to the man and women

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<v Speaker 2>on city Council. You want to move forward like yesterday

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<v Speaker 2>on this bank thing, and the County's not going to

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<v Speaker 2>go anywhere. You need both entities to go. Is this possible?

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<v Speaker 2>This four million dollar land by at the free Store

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<v Speaker 2>in Central Avens that a way for you to go.

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<v Speaker 3>Hey, listen, we've got some leverage here.

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<v Speaker 4>I don't see this as a leverage play.

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<v Speaker 5>I see this as having a vision for what we

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<v Speaker 5>want Cincinnati to become and I think for the future

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<v Speaker 5>of Cincinnati for the next ten to fifteen years. To

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<v Speaker 5>really put us on the national stage, we need to

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<v Speaker 5>have an arena and we need to have a thriving banks.

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<v Speaker 4>I don't think it's an.

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<v Speaker 5>Either or, and I think either location, any of the

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<v Speaker 5>locations for the arena helped solve that problem. But we

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<v Speaker 5>can't just build an arena and not be solving the

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<v Speaker 5>banks situation. Yeah, and likewise, we can't solve the bank

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<v Speaker 5>situation and not hav an arena for the city. So

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<v Speaker 5>my opinion on this is this is called vision and

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<v Speaker 5>this is called leadership, and it's not trying to leverage

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<v Speaker 5>or play anybody off each other. It's trying to move

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<v Speaker 5>our city and our region forward. And I'm really excited

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<v Speaker 5>about that because that's what we need. We need that

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<v Speaker 5>type energy right now.

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<v Speaker 3>Seth.

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<v Speaker 2>You can't control what you take your contemporaries over at

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<v Speaker 2>the county are doing by they stretch of the imagination.

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<v Speaker 2>You don't control them. But can you do an arena?

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<v Speaker 2>Can the City of Cincinnati do an arena without county involvement?

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<v Speaker 5>You know a lot of people say no. My answer

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<v Speaker 5>would be, you know, Scott, you and I have talked

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<v Speaker 5>of development a lot. Every development project you begin on

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<v Speaker 5>is hard and it's complicated, and it takes a lot

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<v Speaker 5>of creativity to figure out how you get there. It's

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<v Speaker 5>a lot easier for the counties at the table, But

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<v Speaker 5>if it's not at the table, then that means we

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<v Speaker 5>have to get more creative on how we solve the problem.

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<v Speaker 5>And I think it's something we have to commit to

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<v Speaker 5>as a city in the region and then figure out

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<v Speaker 5>the answers to it regardless. Look at what we did

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<v Speaker 5>with the convention center. Three hundred million dollars. That wasn't

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<v Speaker 5>found overnight, and it wasn't found from one source, And

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<v Speaker 5>that's what I think is going to take to do

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<v Speaker 5>the arena. I would like the county to come to

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<v Speaker 5>the table. I would like the county to be part

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<v Speaker 5>of this conversation. I would like them to be driving

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<v Speaker 5>the conversation. But I also think that the city should

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<v Speaker 5>be prepared to figure out ways to fund it even

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<v Speaker 5>if the county doesn't come there.

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<v Speaker 2>What does that look like relative to financing? Is there

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<v Speaker 2>significant private money involved? As there worth a TQL that

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<v Speaker 2>you can be confident in saying we got enough private

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<v Speaker 2>money to pull that on.

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<v Speaker 5>Well, you're asking a question much further down the line

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<v Speaker 5>than is the reality right now. Again, we're at the

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<v Speaker 5>very beginning stages of the arena conversation. But in the Arena.

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<v Speaker 4>Study it does specifically.

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<v Speaker 5>Call out that modern day arenas are being built with

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<v Speaker 5>about one third of it coming from private money. Yes,

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<v Speaker 5>I mean that is in the tunes of hundreds of

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<v Speaker 5>millions of dollars. So no, this would not be a

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<v Speaker 5>pure public funded project, and it would be a project

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<v Speaker 5>that would require private epsteins to get involved. It require

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<v Speaker 5>figuring out how we keep it occupied throughout the entire year,

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<v Speaker 5>so it's not just sitting there vacant. There's some really

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<v Speaker 5>good questions to it, but again it's something we have

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<v Speaker 5>to commit to. Once you commit to it, it's like

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<v Speaker 5>anything in development. You say we're going to do it,

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<v Speaker 5>and you figure out how you're going to do it

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<v Speaker 5>from there, what.

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<v Speaker 3>Is the timeline in your mind?

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<v Speaker 4>So it's up to me.

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<v Speaker 5>As Jerry said, it would have been two weeks ago,

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<v Speaker 5>you know, we had been doing this. I think I

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<v Speaker 5>think this needs to be the priority of the next

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<v Speaker 5>term for city Council, for the mayor. So I think

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<v Speaker 5>by twenty twenty nine we need to have answers and

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<v Speaker 5>I'd love to see shovels in the ground by then.

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<v Speaker 2>All Right, I'm talking to council Member Seth Walsh of

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<v Speaker 2>Cincinnati City Council on the show. With the news that

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<v Speaker 2>the city's purchased land at near TQL Stadium, speculation is

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<v Speaker 2>that maybe in arena could go there, Seth Walsh not

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<v Speaker 2>rulling that out. Money is the question because typically as

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<v Speaker 2>a county and city enterprise. But we can move forward

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<v Speaker 2>without the county involvement here, which is interesting because Commissioner

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<v Speaker 2>Alsha Reese said on the show, you know, we're kind

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<v Speaker 2>of broke right now, We're gonna have the money, worried

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<v Speaker 2>about tax payers and property taxes going up on all

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<v Speaker 2>this other stuff, and other members said it's not even

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<v Speaker 2>on our radar right now. Denise Dreehouse, the President said no,

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<v Speaker 2>probably not. And that's just the best banks let alone arena.

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<v Speaker 2>The banks have come before in arena if they have money.

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<v Speaker 2>Do the banks they certainly don't have money to do

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<v Speaker 2>an arena. Let's focus on the banks thing. How do

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<v Speaker 2>you move this forward if they're reluctant or just say

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<v Speaker 2>simply we don't have the cash.

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<v Speaker 5>That's a million dollar question, isn't it. The banks has

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<v Speaker 5>never been done exclusively by the county. It has always

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<v Speaker 5>been done through a partnership. I think the conversation that

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<v Speaker 5>needs to be had and is happening now. There's a

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<v Speaker 5>steering committee that brought this plan together. If there's a

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<v Speaker 5>steering committee that suggests these ideas. It is a lot

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<v Speaker 5>of stakeholders, ranging from members of the Bangles and the

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<v Speaker 5>Reds to those who are on the banks. Already two

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<v Speaker 5>members of the city in the county, so it's not

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<v Speaker 5>like that this is not a conversation actively happening between

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<v Speaker 5>the city and the county. What we have to do

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<v Speaker 5>is keep pushing and from a city perspective, continue to

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<v Speaker 5>provide support. You challenge the leaders who are in the room,

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<v Speaker 5>who are doing the planning and making these things reality,

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<v Speaker 5>to go out and find us these projects and these

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<v Speaker 5>developments and then come back to us and tell us

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<v Speaker 5>what it takes to get the to happen. The resources

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<v Speaker 5>exist for development, we see it all the time. You

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<v Speaker 5>don't have to talk about a number of times right

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<v Speaker 5>to do that, we need the projects being brought to us.

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<v Speaker 5>And so there are people including Phil Becker, came presented

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<v Speaker 5>about this who this is their job to go make

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<v Speaker 5>the plan of reality now and that's how this happens.

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<v Speaker 5>And when they come to us and they say, hey,

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<v Speaker 5>we've got a building, this is what it takes, then

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<v Speaker 5>we start answering the question how we get there, whether

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<v Speaker 5>that's through subsidies, whether that's through cras, whether that's through whatever,

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<v Speaker 5>we start answering at that stage, says Walsh.

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<v Speaker 2>Denise Treehouse, the commissioned president, said this thing would be

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<v Speaker 2>twenty four up to twenty four stories, and she was

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<v Speaker 2>reluctant to agree with that because she worries about blocking daylight.

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<v Speaker 2>This sounds like I don't know Hyde Park on the River,

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<v Speaker 2>doesn't it.

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<v Speaker 5>And that's my comment that I made during council. Obviously

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<v Speaker 5>we had different meetings to discuss the same topic. But

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<v Speaker 5>downtown is designed to be built big. It is designed

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<v Speaker 5>for these towns ours. It is you know when you

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<v Speaker 5>walk around the banks, as walk around it this morning,

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<v Speaker 5>you know, these eleven twelve story buildings feel small because

0:10:06.679 --> 0:10:09.520
<v Speaker 5>they're dwarfed by the towers that we already have downtown,

0:10:09.920 --> 0:10:12.680
<v Speaker 5>and so I don't agree with that assessment. I think

0:10:12.720 --> 0:10:14.800
<v Speaker 5>that the reality is we need to build height and

0:10:14.840 --> 0:10:16.360
<v Speaker 5>we you know, the bigger we build it, the more

0:10:16.400 --> 0:10:18.000
<v Speaker 5>people are going to live there, the more bustling it's

0:10:18.040 --> 0:10:19.840
<v Speaker 5>going to be, the more successful our downtown is going

0:10:19.880 --> 0:10:22.160
<v Speaker 5>to be. And I think that we need to keep

0:10:22.160 --> 0:10:25.200
<v Speaker 5>that perspective of what is built already feels small and

0:10:25.240 --> 0:10:25.560
<v Speaker 5>it's not.

0:10:25.800 --> 0:10:27.120
<v Speaker 4>If you took what was built there.

0:10:27.240 --> 0:10:29.000
<v Speaker 5>You drop it in say Hi Park, as you were

0:10:29.000 --> 0:10:31.920
<v Speaker 5>just alluded to, it'd be you know, twice the three

0:10:31.920 --> 0:10:34.839
<v Speaker 5>times as tall as what we're talking about building in

0:10:34.880 --> 0:10:35.640
<v Speaker 5>High Park already.

0:10:36.360 --> 0:10:38.360
<v Speaker 4>So it's not small, but it feels small. We need

0:10:38.400 --> 0:10:40.400
<v Speaker 4>to do better on the banks. We need to do better.

0:10:40.480 --> 0:10:43.400
<v Speaker 2>Okay, the specific plans for this thing, it's going to

0:10:43.400 --> 0:10:46.120
<v Speaker 2>be up to a twelve hundred new housing units, obviously

0:10:46.240 --> 0:10:48.400
<v Speaker 2>high rise and condos and stuff like that. There's gonna

0:10:48.360 --> 0:10:52.199
<v Speaker 2>be hotel there, plus retail and entertainment as we mentioned,

0:10:52.240 --> 0:10:55.480
<v Speaker 2>up to twenty four stories tall. The new lease with

0:10:55.559 --> 0:10:57.719
<v Speaker 2>the Bengals allows for the taller buildings. Couldn't do that

0:10:57.760 --> 0:10:59.880
<v Speaker 2>before because they had rights to the airspace or so

0:11:00.200 --> 0:11:02.960
<v Speaker 2>ungodly reason. But you're talking about over these five lots

0:11:03.000 --> 0:11:06.760
<v Speaker 2>doing a lot of different things in that regard. People

0:11:06.760 --> 0:11:08.280
<v Speaker 2>are hearing this and go away in a minute now.

0:11:08.400 --> 0:11:10.840
<v Speaker 2>Unlike what you were talking about with maybe new arena

0:11:10.920 --> 0:11:14.679
<v Speaker 2>in the West End. This is taxpayer money. And how

0:11:14.720 --> 0:11:17.240
<v Speaker 2>would taxpayers feel about subsidizing luxury housing?

0:11:17.679 --> 0:11:17.840
<v Speaker 4>Is it?

0:11:17.840 --> 0:11:19.360
<v Speaker 3>Will they be pushed back in the city on that?

0:11:21.280 --> 0:11:22.120
<v Speaker 4>There certainly could be.

0:11:22.200 --> 0:11:25.200
<v Speaker 5>And again you're we're going down a pathway of assuming

0:11:25.240 --> 0:11:26.920
<v Speaker 5>what is going to be there. What needs to be

0:11:26.960 --> 0:11:29.400
<v Speaker 5>there is housing, and what that type of housing looks

0:11:29.440 --> 0:11:31.920
<v Speaker 5>like is a question the developer needs to tell us.

0:11:32.320 --> 0:11:34.960
<v Speaker 5>I'm a big proponent of just adding density to it

0:11:35.040 --> 0:11:37.520
<v Speaker 5>and what that looks like. Let's figure it out, you

0:11:37.559 --> 0:11:39.959
<v Speaker 5>know as well as I do. The more density you have,

0:11:40.080 --> 0:11:43.640
<v Speaker 5>the less usually end up meeting per minute because it

0:11:43.720 --> 0:11:46.680
<v Speaker 5>can support it. That's why one of the big questions

0:11:46.679 --> 0:11:49.320
<v Speaker 5>I asked was, let's not captus the twenty four stories.

0:11:49.920 --> 0:11:52.240
<v Speaker 5>We keep saying up to twenty four stories. It may

0:11:52.280 --> 0:11:53.520
<v Speaker 5>need to be bigger than that. And I think we

0:11:53.520 --> 0:11:54.959
<v Speaker 5>should be okay with that, and I think we should

0:11:54.960 --> 0:11:57.960
<v Speaker 5>be open to that conversation because we want these projects

0:11:57.960 --> 0:12:00.600
<v Speaker 5>to work, and if money is tight and being we

0:12:00.600 --> 0:12:03.079
<v Speaker 5>want to be protective of the public money. We make

0:12:03.080 --> 0:12:04.800
<v Speaker 5>sure that these can cash flow and make it make

0:12:04.880 --> 0:12:06.839
<v Speaker 5>sense and the developer wants to take it on. I mean,

0:12:06.920 --> 0:12:09.240
<v Speaker 5>ultimately that's the goal here. And if we make it

0:12:09.280 --> 0:12:11.480
<v Speaker 5>difficult for the development to happen, then yeah, we're gonna

0:12:11.480 --> 0:12:12.760
<v Speaker 5>have to come up with a lot of subsidies and

0:12:12.800 --> 0:12:14.000
<v Speaker 5>so there's a balancing act here.

0:12:14.160 --> 0:12:17.520
<v Speaker 2>Yeah. I think it's really cool, is my daughter. Last

0:12:17.559 --> 0:12:20.320
<v Speaker 2>month was in Minneapolis visiting a friend in her place.

0:12:20.480 --> 0:12:24.280
<v Speaker 2>Is like looking literally looking over the stadium and the ballpark,

0:12:24.440 --> 0:12:26.760
<v Speaker 2>and I was like, man, that's really really cool to

0:12:26.760 --> 0:12:28.520
<v Speaker 2>be able to look down and you know, and a

0:12:28.559 --> 0:12:30.520
<v Speaker 2>lot of people, a lot of young people especially love that.

0:12:30.640 --> 0:12:32.920
<v Speaker 2>And that's kind of what you're proposing here. I know

0:12:32.960 --> 0:12:35.760
<v Speaker 2>a lot of cities, major League cities have that, and

0:12:36.040 --> 0:12:38.520
<v Speaker 2>I tend to agree with disass Stars watched on that

0:12:38.559 --> 0:12:40.520
<v Speaker 2>as like it's twenty four to two short, it may

0:12:40.640 --> 0:12:42.200
<v Speaker 2>and not be tall enough in that regard.

0:12:44.000 --> 0:12:47.360
<v Speaker 5>Yeah, I mean, when I walked around downtown, one of

0:12:47.400 --> 0:12:48.319
<v Speaker 5>the things I think about it.

0:12:48.360 --> 0:12:50.520
<v Speaker 4>Maybe it's just because you know, this is what I

0:12:50.559 --> 0:12:52.640
<v Speaker 4>think about. I guess it's like, man, it would be

0:12:52.679 --> 0:12:53.960
<v Speaker 4>so cool to them there.

0:12:54.000 --> 0:12:57.079
<v Speaker 5>When we were designing the downtown, when we were building

0:12:57.080 --> 0:12:59.000
<v Speaker 5>the towers for the first time, and we were creating

0:12:59.000 --> 0:13:02.199
<v Speaker 5>the skyline. That's the opportunity that's in front of us.

0:13:02.559 --> 0:13:06.319
<v Speaker 5>And we're talking about five plots of big acreage writing

0:13:06.360 --> 0:13:09.400
<v Speaker 5>the heart of downtown literally two blocks south of you.

0:13:09.360 --> 0:13:11.880
<v Speaker 4>Know, the core of downtown. We can do that.

0:13:11.920 --> 0:13:13.920
<v Speaker 5>We can build the next one hundred hundred and fifty

0:13:14.000 --> 0:13:15.720
<v Speaker 5>years of what Cincinnati is going to look like and

0:13:15.760 --> 0:13:17.079
<v Speaker 5>feel like and what young people are going.

0:13:17.040 --> 0:13:19.880
<v Speaker 4>To want to be part of. You're right overlooking these stadiums.

0:13:20.000 --> 0:13:22.079
<v Speaker 4>You're you know, going out on Tuesday.

0:13:21.760 --> 0:13:24.560
<v Speaker 5>Night because they're living right there, like really making it

0:13:24.600 --> 0:13:27.160
<v Speaker 5>something cool that people are traveling around the country to see.

0:13:27.440 --> 0:13:30.240
<v Speaker 5>That's an amazing opportunity. Like what's not recited that it's

0:13:30.280 --> 0:13:33.319
<v Speaker 5>not just five parcels. It's like a huge opportunity for

0:13:33.360 --> 0:13:34.640
<v Speaker 5>the next hundred years of Cincinnati.

0:13:34.679 --> 0:13:37.599
<v Speaker 2>Okay, A legitimate question here about the timeline is the

0:13:37.880 --> 0:13:40.319
<v Speaker 2>banks is already twenty years old. The stadiums are over

0:13:40.360 --> 0:13:42.520
<v Speaker 2>twenty years old. At this point, we know everything has

0:13:42.559 --> 0:13:45.360
<v Speaker 2>a certain longevity unless you're talking maybe I don't know,

0:13:46.280 --> 0:13:50.320
<v Speaker 2>the Horseshoe, Fenway Park, Wrigley Field. These are not those

0:13:50.400 --> 0:13:53.880
<v Speaker 2>kind of facilities Great American and pay Corps, respectively. So

0:13:54.000 --> 0:13:56.760
<v Speaker 2>we're already twenty years into this thing. Another fifteen years

0:13:56.760 --> 0:13:59.760
<v Speaker 2>makes it thirty five. At some point, are we building

0:13:59.800 --> 0:14:02.480
<v Speaker 2>something for the future when the future with those stadiums

0:14:02.480 --> 0:14:03.439
<v Speaker 2>may have to change.

0:14:05.320 --> 0:14:07.559
<v Speaker 4>Well, And that's that's the point that I made earlier.

0:14:07.600 --> 0:14:09.199
<v Speaker 5>You know, what we need to be designing the banks

0:14:09.200 --> 0:14:11.440
<v Speaker 5>for as longevity and It needs to not be just

0:14:11.520 --> 0:14:15.680
<v Speaker 5>exclusively is there an arena, Are there stadiums there? What's

0:14:15.720 --> 0:14:18.640
<v Speaker 5>the sport team doing for this day? It needs to

0:14:18.679 --> 0:14:20.440
<v Speaker 5>be designed around a place that people are going to

0:14:20.520 --> 0:14:22.640
<v Speaker 5>want to live and stay and be part of. You

0:14:22.680 --> 0:14:24.240
<v Speaker 5>think about four Street or we're seeing a lot of

0:14:24.240 --> 0:14:27.000
<v Speaker 5>development and activity happening, people moving to it. You know,

0:14:27.080 --> 0:14:30.480
<v Speaker 5>they're there because the buildings are beautiful. They're there because

0:14:31.400 --> 0:14:33.280
<v Speaker 5>they're walkable to everything that you want to do in

0:14:33.320 --> 0:14:35.120
<v Speaker 5>the downtown area. And that's always going to be the

0:14:35.120 --> 0:14:37.400
<v Speaker 5>case with downtown. That's the same question we have to

0:14:37.400 --> 0:14:39.680
<v Speaker 5>be answering with the Banks. It's not just about pay

0:14:39.680 --> 0:14:42.160
<v Speaker 5>Court Stadium. It is about the future of who's going

0:14:42.240 --> 0:14:44.760
<v Speaker 5>to stay and want to live there. Again, that's a

0:14:44.880 --> 0:14:46.440
<v Speaker 5>really cool, exciting opportunity for me.

0:14:47.160 --> 0:14:49.280
<v Speaker 2>It is at the same time, you know, in circling

0:14:49.280 --> 0:14:51.360
<v Speaker 2>back to the question about the arena, with the purchase

0:14:51.400 --> 0:14:54.120
<v Speaker 2>of the property Seth Walsh at near TQL Stadium, then

0:14:54.160 --> 0:14:55.720
<v Speaker 2>a new arena could go there and you could do

0:14:55.760 --> 0:14:58.840
<v Speaker 2>it without county participation, which I think is causing a

0:14:58.880 --> 0:15:01.000
<v Speaker 2>lot of people to maybe give the radio their speaker's

0:15:01.040 --> 0:15:02.840
<v Speaker 2>side eye this morning, their heads on the little side

0:15:02.840 --> 0:15:04.360
<v Speaker 2>eye right now and go, WHOA, that was a bomb.

0:15:05.400 --> 0:15:07.960
<v Speaker 2>How much weight do the Reds, the Bengals and the

0:15:08.000 --> 0:15:10.520
<v Speaker 2>Banks Working Group have in this whole equation? Now we

0:15:10.600 --> 0:15:14.120
<v Speaker 2>know that the contract was needed negotiated to allow twenty

0:15:14.120 --> 0:15:15.840
<v Speaker 2>four stories or more to go up because the Bengals

0:15:15.840 --> 0:15:17.840
<v Speaker 2>would control that. But there's a lot of stuff these lots,

0:15:17.880 --> 0:15:20.040
<v Speaker 2>it looks like, you know, talgating lots and things like

0:15:20.040 --> 0:15:22.040
<v Speaker 2>that that the Bengals have a say in. The Reds

0:15:22.080 --> 0:15:24.320
<v Speaker 2>obviously carry a lot of weight in this equation too,

0:15:24.360 --> 0:15:26.560
<v Speaker 2>as well as those who invested with the Bank's Working

0:15:26.600 --> 0:15:31.400
<v Speaker 2>Group and what's already down there regarding that, whether it's

0:15:31.480 --> 0:15:35.080
<v Speaker 2>expansion of what we're talking about here or the arena,

0:15:36.000 --> 0:15:37.480
<v Speaker 2>how much do they have a saying where or else

0:15:37.520 --> 0:15:38.800
<v Speaker 2>it's going to go and how it's gonna work out.

0:15:40.880 --> 0:15:42.080
<v Speaker 5>I mean, when you say how much do they have

0:15:42.120 --> 0:15:43.520
<v Speaker 5>to say? Are you talking about the arena? Are you

0:15:43.560 --> 0:15:44.240
<v Speaker 5>talking about.

0:15:44.080 --> 0:15:47.480
<v Speaker 2>Well, well, development of the banks, but also let's factor

0:15:47.520 --> 0:15:49.360
<v Speaker 2>the arena. Let's start with that seth. I mean, can

0:15:49.400 --> 0:15:51.240
<v Speaker 2>they just say, hey, we're you're not gonna put this

0:15:51.280 --> 0:15:52.520
<v Speaker 2>in the West End, You're gonna put it at the

0:15:52.520 --> 0:15:54.760
<v Speaker 2>Banks and you're gonna we're going to tear down the

0:15:54.960 --> 0:15:57.520
<v Speaker 2>tired Heritage Bank Center and maybe it's two years, but

0:15:57.560 --> 0:15:59.560
<v Speaker 2>we're going to put a new one here. And that's

0:15:59.600 --> 0:16:02.720
<v Speaker 2>what we've decided because we're the power brokers. I think

0:16:02.760 --> 0:16:05.360
<v Speaker 2>a lot of people think that's the case inside the

0:16:05.680 --> 0:16:06.560
<v Speaker 2>inside city Hall.

0:16:06.600 --> 0:16:07.080
<v Speaker 3>Is that true?

0:16:08.880 --> 0:16:10.960
<v Speaker 5>Well, when you talk about the arena, and as we

0:16:11.080 --> 0:16:13.480
<v Speaker 5>talked about the arena study earlier, you know a third

0:16:13.480 --> 0:16:15.440
<v Speaker 5>of that, you know, hundreds of millions of dollars that's

0:16:15.440 --> 0:16:17.320
<v Speaker 5>probably gonna have to come from private entities to make

0:16:17.360 --> 0:16:18.000
<v Speaker 5>that a reality.

0:16:18.720 --> 0:16:20.480
<v Speaker 4>And that's gonna be a big part of the conversation.

0:16:20.640 --> 0:16:21.720
<v Speaker 4>If if the.

0:16:21.640 --> 0:16:23.840
<v Speaker 5>Private money that's coming to the table says we're not

0:16:23.880 --> 0:16:26.400
<v Speaker 5>building it at this location, X, Y, and Z wherever

0:16:26.400 --> 0:16:28.960
<v Speaker 5>that is, guess what, It's not gonna be built there

0:16:29.000 --> 0:16:30.400
<v Speaker 5>because you're not gonna get private money.

0:16:30.400 --> 0:16:32.160
<v Speaker 4>If if they're saying that's not where it can go.

0:16:32.640 --> 0:16:35.560
<v Speaker 5>So if the power brokers quote unquote whoever that is

0:16:35.600 --> 0:16:36.960
<v Speaker 5>in this conversation.

0:16:37.040 --> 0:16:39.680
<v Speaker 2>H the illuminati said that's the Illuminati. We'll call it

0:16:39.720 --> 0:16:40.280
<v Speaker 2>what it is.

0:16:41.040 --> 0:16:42.120
<v Speaker 4>Whatever we want to call it.

0:16:42.640 --> 0:16:44.320
<v Speaker 5>If they want to go a certain location, they're gonna

0:16:44.320 --> 0:16:45.760
<v Speaker 5>have to come to the table too. I mean that's

0:16:45.760 --> 0:16:48.800
<v Speaker 5>the thing for the arena, for the banks were we're

0:16:48.800 --> 0:16:51.440
<v Speaker 5>not adversaries here. We all trying to run the same direction.

0:16:51.680 --> 0:16:53.560
<v Speaker 5>And if you have a vision where you want to go,

0:16:53.680 --> 0:16:55.080
<v Speaker 5>you're gonna have to step up to the table with

0:16:55.160 --> 0:16:57.120
<v Speaker 5>the money and the resources and help make that happen.

0:16:57.480 --> 0:16:59.560
<v Speaker 4>None of these are gonna be cheap, but you.

0:16:59.480 --> 0:17:02.120
<v Speaker 5>Know, the future in the vision of Cincinnati is going

0:17:02.200 --> 0:17:03.760
<v Speaker 5>to come at a cost. And I think that's a

0:17:03.800 --> 0:17:05.639
<v Speaker 5>good investment for us because this is something we're going

0:17:05.680 --> 0:17:07.840
<v Speaker 5>to be talking about, you know, for an arena. We've

0:17:07.840 --> 0:17:09.840
<v Speaker 5>been talking about arena for fifty years from the banks.

0:17:09.880 --> 0:17:11.880
<v Speaker 5>Hopefully that's the next one hundred years of success. People

0:17:11.920 --> 0:17:14.280
<v Speaker 5>are proud that we did not saying, man, these guys

0:17:14.280 --> 0:17:14.959
<v Speaker 5>really messed up.

0:17:15.320 --> 0:17:17.520
<v Speaker 2>Yeah, yeah, all right, And then I think the same

0:17:17.600 --> 0:17:19.800
<v Speaker 2>is probably true when it comes to the redevelopment down

0:17:19.840 --> 0:17:21.720
<v Speaker 2>there as well. They have a say, but they don't

0:17:21.720 --> 0:17:22.879
<v Speaker 2>get veto power correct.

0:17:25.240 --> 0:17:26.600
<v Speaker 4>Yeah, that's exactly it.

0:17:26.760 --> 0:17:29.199
<v Speaker 5>You know, we're all a team, but ultimately we got

0:17:29.240 --> 0:17:31.680
<v Speaker 5>to be looking long term about what's being what's happening here.

0:17:31.880 --> 0:17:33.920
<v Speaker 5>They have a seat at the table. They've been very

0:17:33.960 --> 0:17:36.400
<v Speaker 5>involved in that. MI understandings they're very supportive of what

0:17:36.440 --> 0:17:39.480
<v Speaker 5>the plan is. That's that's exactly what this needs to be.

0:17:39.720 --> 0:17:41.600
<v Speaker 5>All right, team, let's make it happen together.

0:17:41.400 --> 0:17:41.679
<v Speaker 3>Got it?

0:17:41.840 --> 0:17:44.600
<v Speaker 2>Council Member Seth Wall, It's always a pleasure, love the Insight.

0:17:44.640 --> 0:17:46.000
<v Speaker 2>Thanks again for coming on the show and Ed and

0:17:46.040 --> 0:17:47.240
<v Speaker 2>I'm sure we will want to talk. But have a

0:17:47.240 --> 0:17:50.640
<v Speaker 2>wonderful thanksgiving you two. Scott, all right, take care, appreciate

0:17:50.680 --> 0:17:52.520
<v Speaker 2>your time as always. Let me get a time out

0:17:52.520 --> 0:17:55.199
<v Speaker 2>in some reaction maybe here too as well. And that

0:17:55.280 --> 0:17:58.040
<v Speaker 2>sounds like a you know what, a big middle finger

0:17:58.840 --> 0:17:59.879
<v Speaker 2>to the county Commission.

0:18:00.240 --> 0:18:02.600
<v Speaker 3>Don't you like you know what? You guys won't move up.

0:18:02.640 --> 0:18:06.879
<v Speaker 2>We got this, we got this interesting more to follow, Sloany,

0:18:06.880 --> 0:18:08.840
<v Speaker 2>Here's new seven hundred W Dowd, Cincinnati,