Plans for a new hotel, bar and restaurant at Cincinnati's historic Lunken Airport Terminal took a step closer to reality Monday when the city's budget and finance committee approved a long-term lease and tax incentives for the developer.
The developer also led the remake of Hotel Covington and its restaurant Coppin's before deciding to expand to the Ohio side of the river.
On Dec. 3, the Cincinnati Planning Commission approved vR's plans to renovate the building, including a 55-room hotel, bar, restaurant, and event space totaling 71,500 square feet of commercial space.
The estimated $20 million project will be presented to Cincinnati City Council for final approval on Wednesday.
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