
In his fourth State of the City address, delivered last Wednesday at the
Duke Energy Center, Cincinnati Mayor Mark Mallory said that the city is weathering the poor economy much better than most.
"At
a time when other cities are seeing businesses move out, we are seeing
businesses expand and new businesses move in," he said.
He
credited the "aggressive and strategic" approach of City Manager Milton
Dohoney and Economic Development Director Holly Childs for bringing
2,500 new jobs to Cincinnati last year, including commitments from such
major players as
Medpace,
Humana,
dunnhumbyUSA, and
US Bank.

Mallory also spoke of the need to empower small and minority-owned businesses, saying that four more
Shop52
seminars will be held this year to link entrepreneurs with business
experts, non-profit service providers, and lending professionals.
"We
must also ensure that individuals have the opportunity to realize their
dreams," he said. "Shop52 is all about small business growth and
strengthening our neighborhoods."
In addition to job creation, Mallory noted that construction is underway on two major building projects –
Great American Tower at Queen City Square, a 41-story, $340 million office tower and
The Banks, a 2.8-million-square-foot mixed-use development on the city's riverfront.
But
Mallory said that the most crucial component of Cincinnati's
development plans is the streetcar system that would connect Downtown,
Over-the-Rhine, and the Uptown neighborhoods.
"Now, we have done
our homework and the benefits of a streetcar system are clear," Mallory
said. "When a city puts rails in the ground, economic growth follows."
Mallory
said that $1.4 billion in economic impact would result from the
project's first phase, giving the city additional resources that it can
use in neighborhoods throughout the city.
"The benefits of the
streetcar system are too significant to allow the naysayers to derail
our efforts," he said. "Streetcars must be a part of Cincinnati's
future and we will fight to make it happen."
According to Mallory, the key to Cincinnati's future success is strong local, national, and global partnerships.
To achieve these partnerships, the city and its residents must be their own advocates.
"We
have a great city and we must make it our priority to promote it here
at home, across the nation and around the world," Mallory said.
Writer:
Kevin LeMasterSource: 2009 Cincinnati State of the City address
Photography by Scott Beseler