The Port of Greater Cincinnati Redevelopment Authority plans to purchase two downtown garages for $25.5 million.
The Port’s Board of Directors approved a plan to acquire the parking garages located at 609 Elm St. and 605 Plum St. from LAZ Parking Realty Investors LLC. Combined, the two garages have a total of 1,570 parking spaces. The Port is expected to close on its purchase of the garages March 1.
Laura Brunner, CEO of the Port, said acquiring the garages helps the agency achieve its goals…
