By a vote of 2-1, the commissioners voted to pay $1.3 million in “earnest money” to be used to purchase the current convention hotel from the Singapore-based owner.
The purchase also includes a letter of intent from the Children’s Theatre of Cincinnati to explore a renovation of the center’s performance space for new use.
Millennium Hotels and Resorts say in a statement that the sale is contingent upon certain conditions, including the purchasers completion of its due diligence.
