The analysis illustrates a central dispute between supporters and opponents – does the city own the Cincinnati Southern Railway to generate cash for itself or should it treat it as a real estate investor would?
City could get at least $700M more from rail sale than new lease
If future economic performance echoes the past, the city could get at least $740 million to well over $1 billion more if it sells the Cincinnati Southern Railway instead of continuing to lease it. But Cincinnati also may forego the future value of the railway as it appreciates in value.
