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Economic and Community Development

Road Reports - Bridging the Region

Ian Scott on Friday, May 18, 2012 at 9:35:00 am

Road Reports Ė Part 3

Iíve been burning up the airports and highways over the past month visiting multiple ACCE member chambers across several states. I never fail to take away valuable tidbits and lessons from every visit. The third installment of this series is from Cincinnati.

Bridging the Region

Infrastructure is occupying the minds of corporate leaders in Cincinnati, specifically bridge building. I was in town in early May for a joint meeting of the boards of the Cincinnati USA Regional Chamber and the Northern Kentucky Chamber. That meeting, in a recently opened restaurant and brewery adjacent to the Redís Stadium, kicked off an education and outreach campaign to rebuild an expanded interstate bridge over the Ohio River connecting Northern Kentucky and downtown Cincinnati.

Kentucky Lt. Governor Jerry Abramson was an apt featured speaker for the joint board meeting. As Mayor of Louisville, he worked closely with Greater Louisville, Inc., One Southern Indiana and other in the business community on a two bridge project over the same river with a similar price tag. His words to the crowd last week: ďIt canít and it wonít be built unless everybodyís pulling in the same direction.Ē

Coordination and cooperation will be crucial as this bi-state region works on a compressed timeframe to put together a financing plan to cover this $2.5 billion project that will fly in both Columbus and Frankfort.  The full spectrum of options is on the table from public bonds to tolling. There is a strong likelihood that at least some of the final funding equation includes public-private partnership. Check out their coalition website: www.buildournewbridgenow.com/

Regionalism in action in greater Cincinnati.

Read more at - Bridge Can't Wait.

Tags: bridge, cincinnati, Economic Development, infrastructure transportation, road reports;

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