Cincinnati leaders could be providing nearly $8.5 million to the Port of Greater Cincinnati Development Authority to assist with an economic development project in Bond Hill.
The group has an agreement to buy the former Jordan Crossing complex at Reading and Seymour Roads and turn it into a mixed use development.
Laura Brunner with the Port said the process is starting with a study.
“We will use the results to demonstrate unmet needs for goods and services, which will help us market the site for the development of retail, residential and hospitality,” Brunner said.
The city's funding will assist with acquiring the property, demolition and marketing.
City Council could be asked to approve the funding request next month.