When the Cincinnati Reds players known as The Big Red Machine won back-to-back World Series championships in 1975 and 1976, the media dubbed them the “Royal Reds.”
It was a fitting title for a team representing the Queen City. Founded in 1788 and incorporated in 1819, Cincinnati is home today to a population of 309,452. Over the decades, Cincinnati has forged a reputation for being a leader in consumers product marketing, aviation and aerospace, and logistics and transportation. Born on the Ohio River, Cincinnati has grown up to become a dominant player in insurance, health care, food services and a host of customer-facing sectors.
Whether it’s the barbecue ribs of the Montgomery Inn Boathouse, Graeter’s Ice Cream or Skyline Chili, the distinctive flavors of Cincinnati please the palate of many Ohioans.
Located in Hamilton County, Ohio, on the border of Kentucky and Indiana, Cincinnati has also earned a reputation for playing well with others. The Queen City anchors a tri-state region that has amassed 10 Mac Conway Awards from Site Selection Magazine for its economic development performance. Over that decade, the region has attracted 700 corporate expansion facility projects totaling over $180 billion in investment.
The City of Cincinnati last year pulled in its fair share of that haul. Among the corporate investors to place big bets on the host city of the Reds, Bengals and FC Cincinnati were BASF Corp., King City Gardens, Cincinnati Blue Line Foundation, PROKIDS and Curiosity LLC. Together, these five projects brought it more than $104 million in new investment into the city, along with more than 140 new jobs.
Home to the headquarters of 20-plus billion-dollar companies, Cincinnati goes out of its way to make investing in the city an easy decision. Real estate financial assistance available through City Hall includes Community Reinvestment Area Tax Abatement; Tax Increment Financing; and Real Estate Financing Gap or Property Sale Assistance.
In addition, qualifying employers may seek assistance from the city in the form of Job Creation Tax Credits. The JCTC provides an increase to a company’s yearly profits by reducing their tax obligation to the city. Special programs are also available through the city to help small businesses and to assist any business with zoning or permitting help.
Cincinnati amenities are rising too. The Downtown Main Library is undergoing a $40 million renovation and is slated to reopen on July 12. The facility is one of the largest downtown libraries in the country. At more than 540,000 square feet, the Cincinnati & Hamilton County Public Library served more than 330,000 visitors in 2023.
Soccer enthusiasts, meanwhile, may gravitate toward TQL Stadium, home of FC Cincinnati of Major League Soccer. Sporting the best record of any MLS team in 2023, FCC seems destined to contend for titles for years to come.
