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Recent Transactions

State SIB Series 2019-1: Port of Greater Cincinnati Development Authority

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Recent Transactions

In March 2019, the Treasurer’s Office assisted with the issuance of $15,245,000 in bonds on behalf of the Port of Greater Cincinnati Development Authority. State SIB Series 2019-1 assisted in financing the acquisition and improvement of the 605 Plum Street Garage which is a 220,000 square feet facility with 5-levels, has 890 spaces and 7,800 of retail on the street level. The strategic purchase of this and other downtown garages by the Port Authority which are adjacent to and support the Cincinnati Convention Center by the Port Authority are vital to the continued success and long-term sustainability of the convention center and related business activity in the downtown area. The Port will also simultaneously purchase a second garage known as the 609 Elm Street garage which has 680 spaces and is also adjacent to the Convention Center.