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Cincinnati's Downtown Populated by the Younger and More Educated

by The Cincinnati Team

More Young, Educated Live Downtown                       

Cincinnati, like other large cities is seeing 20-and 30-somethings flock to live downtown even while most urban centers are losing population.  Cincinnati has gained 28% in 25-34 year olds who have a four-year degree of more and live within three miles of the central business district.  Most of that population increase will be focused in Downtown, Mt. Adams, Clifton, and Mt. Auburn. 

Experts believe that young Americans are looking for a different lifestyle.  They want neighborhoods that are walkable and have art, culture, and entertainment.  Cities that offer a choice to young people of strong downtowns and close-in neighborhoods have a competitive advantage. 

Obviously, the extensive development of Downtown and Over the Rhine is driving the increase in population here.  Further plans continue to develop around the Washington Park and Findlay Market areas. 

Dancing on Cincinnati's Fountain Square

by The Cincinnati Team

I love the concept of a "Spontaneous " dance that seems to celebrate life.  Last Friday almost 150 people gathered on Fountain Square to bring exciting dance to downtown.  I love the freedom of the dance and the joyfulness it expresses.  Be sure to watch at the end when Victoria Morgan, Cincinnati Ballet Director makes a few inspiring comments.

http://news.cincinnati.com/article/20090814/NEWS01/908150360

If we are lucky, they will teach even more people the dance and perform somewhere else!  The community feel is wonderful.

If you want other dance events on Fountain Square, show up on Thursday nights at 7 PM for Salsa on the Square (lessons and dancing).

Downtown Cincinnati Experiencing Steady Population Growth

by The Cincinnati Team

Downtown Cincinnati, Inc. has released their 2008 study illustrating stable numbers of home sales and consistent home prices.  In 2008, 150 condo and single family homes sold in the area for an average price of $241,516 for condos and $172,551 for single family homes.  147 housing units were added in the time frame.

These numbers illustrate that the downtown is both maintaining value and adding additional housing stock to the market.  This is a positive sign for future residential growth.

One of the strongest areas is the Gateway Quarter in Over-the-Rhine.  Roughly one fifth of the sales last year were in that area, with Duncanson lofts having 12 sales.

 

Displaying blog entries 1-3 of 3

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