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Business Development News

Cincinnati’s dramatic, multi-billion dollar riverfront revitalization nearly complete

[This op-ed was originally published on The Urbanophile on July 13, 2010.  Visit the original op-ed for more comments, thoughts and opinions on the matter of Cincinnati’s dramatic riverfront revitalization effort over the past two decades – Randy.]

Several decades ago Cincinnati leaders embarked on a plan to dramatically change the face of the city’s central riverfront. Aging industrial uses and a congested series of highway ramps was to be replaced by two new professional sports venues, six new city blocks of mixed-use development, a new museum, a central riverfront park, and parking garages that would lift the development out of the Ohio River’s 100-year flood plain.

Paul Brown Stadium, home of the Cincinnati Bengals, was one of the first pieces of the puzzle to fall into place. The $455 million football stadium kept the Bengals in Cincinnati and has received national praise for its architectural design while also entertaining sold-out crowds.

The next piece to fall into place was the reconstruction of Fort Washington Way which consolidated the stretch of highway and opened up land critical for the construction of yet another stadium and the mixed-use development which became known as The Banks. The 40% reduction in size was not the only accomplishment though. The reconstruction project also included the Riverfront Transit Center designed to one day house light rail connections and a sunken highway that could be capped with additional development or park space.

Following the reconstruction of Fort Washington Way, Riverfront Stadium was then partially demolished to make room for the construction of the $290 million Great American Ball Park. Once complete, Great American Ball Park began entertaining baseball fans at 81 home games each year and at a new Reds Hall of Fame & Museum. The new venue eliminated any need for Riverfront Stadium and thus led to its implosion in 2002.

The removal of Riverfront Stadium then freed up room for the construction of the National Underground Railroad Freedom Center atop the first piece of a two-deck parking garage intended to both lift the new riverfront development out of the flood plain, and provide enough automobile parking to replace what was previously there in the form of surface lots and satisfy new parking demands created by the development.

The most recent piece of the puzzle has been the development of the initial phases of both the Cincinnati Riverfront Park and The Banks. The two separate projects are developing in complimentary fashion and are on similar time tables, and are both developing east to west from Great American Ball Park to Paul Brown Stadium. Recent news will add a modern streetcar line running through The Banks development that will transport people from the transformed riverfront into the Central Business District, Over-the-Rhine and beyond to Uptown.

The 45-acre, $120 million Cincinnati Riverfront Park is expected to become the crown jewel of an already nationally acclaimed Cincinnati Park System. The Banks meanwhile will bring thousands of new residents, workers and visitors to Cincinnati’s center city. The initial phase of both projects is expected to be complete in spring 2011 and will include 300 new residences, 80,000 square feet of retail space, Moerlein Lager House, Commuter Bike Facility, additional components of the two-deck parking garage, and the first elements of the park.

The transformation of Cincinnati’s central riverfront from aging industrial space to a vibrant mixed-use extension of downtown is not complete, but the two-decade old, $3 billion vision is finally nearing reality. And with full completion expected in the coming years, one of the remaining traces of Cincinnati’s industrial past will be replaced by a new vision for a 21st Century city and economy.

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Arts & Entertainment News

2010 Cincy Blues Fest to entertain crowds at Sawyer Point this weekend

This weekend Sawyer Point will have a bluesy vibe as the Cincy Blues Fest returns for 2010 starting Friday night at 5pm. The event will bring top-notch blues talent to the Cincinnati central riverfront for two consecutive nights, and raise money for a local music education program.

Hosted by the Cincy Blues Society, this festival has been an annual event for many years now and offers Cincinnatians and visitors a chance to experience some great blues music for a low price all in one place. Blues lovers and music enthusiasts can purchase tickets for $10 on Friday and $15 on Saturday which has more than two hours of music starting at 2:30pm and going until midnight.

More than 40 national and local acts will take to four stages over the two day event. The Budweiser Main Stage will feature national acts both nights, as well as, a special performance by Blues Society’s Blues in the Schools program. Blues in the Schools brings accomplished area musicians into local schools to educate students about the history and significance of blues music, and is the main benefactor of the festival.

On Friday, Cincy Blues Fest will partner with the Gulf Restoration Network to raise awareness and funds for Gulf Coast and wetlands restoration efforts in a New Orleans-themed night called Pardi Gras. Saturday’s special performance features a tribute to one of the founders of Jazz music, Jell Roll Morton, with special Boogie-Woogie performances all day long. Additionally, the local blues scene will be featured on the St. Vincent de Paul stage all weekend long. Beer, wine, barbecue, and Cajun cuisine will also reportedly be available for purchase.

Festival organizers state that close to 400 volunteers help make the event possible each year. Those interested in signing up to volunteer can sign up online, or do so by contacting Tammy Reams at (513) 405-5868 or cincybluesvolunteers@gmail.com. A volunteer orientation party is scheduled for Thursday, August 5 at 7pm under the arches at Sawyer Point.

The 2010 Cincy Blues Fest will take place at Sawyer Point (map) in downtown Cincinnati. Limited automobile parking is available nearby. Lots of free off-street bicycle parking is available, and the event is accessible by Metro bus service (plan your trip). Refer to the festival’s website for discounted ticket information for children and Blues Society members.

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Development News Politics

Plan Cincinnati to host learning forums on local planning initiatives

Plan Cincinnati will host two summer learning forums this month that will include information about local plans in place guiding the city’s new comprehensive plan, and what regional efforts are currently underway to help implement such initiatives.

The first of the two meetings will take place on Wednesday, August 4 in Corryville. This forum will include a panel made up of Larry Falkin from the Office of Environmental Quality, Terry Grundy from the United Way, Eric Rademacher from the University of Cincinnati, and Sam Stephens from the Department of Community Development.

The panel will engage in a moderated discussion of local plans and policies currently in place. Forum organizers say that the discussion will specifically focus on plans like GO Cincinnati, the State of the Community Report & Indicators, and Green Cincinnati that are seen as important factors helping to shape the comprehensive planning process currently underway.

The second forum will focus on regional efforts like Agenda 360, the award-winning Community COMPASS, 2030 Transportation Plan, and Strategic Regional Policy Plan developed by the OKI Regional Council of Governments. This forum will also include a moderated panel discussion made up by Todd Kinskey from the Hamilton County Regional Planning Commission, Robert Koehler and Emi Randall from OKI, and Mary Stagaman from Agenda 360. This forum on regional plans and policies is scheduled to take place on Thursday, August 26.

Cincinnati City Council is expected to vote on the completed comprehensive plan in 2011.  Cincinnati was the first major American city to adopt a comprehensive plan in 1925, but it has been 30 years since the last comprehensive plan was completed and updated in 1980.

Both forums are will be held from 7pm to 9pm in the auditorium of the CPS Education Center in Corryville (map). On-street automobile parking, free bicycle parking, and Metro bus service (plan your trip) is available for this location.

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Business News Politics

UC study identifies huge economic gains from new regional water district

The University of Cincinnati Economics Center for Education & Research recently conducted a study to determine whether expanding Greater Cincinnati Water Works (GCWW) would have beneficial impacts. They concluded that expanding the service would prevent a 14 percent rate increase, save taxpayers money, and generate additional money for the City of Cincinnati.

The study concluded that a regional water district would allow for more people to absorb operating costs, and thus prevent the anticipated rate increase and save taxpayers $24 million over the next ten years. Furthermore, the study asserted that the increased coverage will allow the City of Cincinnati to receive an additional $15 million from the transfer of assets – money that city officials say go towards helping fill a projected budget shortfall.

The economic analysis also cites that a new regional water district would generate an additional $33 million in economic activity annually, and lead to the creation of 300 new jobs. The new jobs alone are anticipated to inject an extra $10 million into the economy each year.

The financial benefits extend even further according to Cincinnati City Manager Milton Dohoney. He noted that a municipality owned water district, like GCWW, is barred under Ohio law from receiving payment from other jurisdictions. A regionally owned water district, on the other hand, is allowed to receive payment from outer municipalities, including those in other states.

As a result, many are now looking at an expanded regional water district to not only help the city shore up its finances, but also provide a step towards greater regional cooperation amongst municipalities.

“When we looked at the issue of a public regional water district, we approached it by asking whether expansion makes good economic sense,” says George Vredeveld, director of the University of Cincinnati Economics Center for Education & Research. “The analysis revealed that expansion will keep rates lower, create jobs and have a positive and lasting effect on the local economy.”

The next step is for the City to submit its plan for court approval, and if approved, voters will have the opportunity to vote whether or not to adopt the plan. A public vote on the sale of GCWW to a regional authority is now required following the approval of Issue 8 last November.

Categories
Arts & Entertainment News

Two national community engagement movements to gather in Cincinnati tonight

Transition Town Northside will be meeting tonight at 5pm, and members of the Over-the-Rhine community will be taking part in National Night Out at historic Findlay Market.

The National Night Out event in Over-the-Rhine offers a chance for community members to engage with their local law enforcement officers. Police officers from District One of the Cincinnati Police Department will be at the event that will include food and games. Organizers state that the event is geared towards creating a safe, healthy community by strengthening relationship with the community and its police force. The event will take place at Findlay Market’s farmers shed (map) on the north side of the market house from 5pm to 6:30pm. Please contact the Over-the-Rhine Chamber of Commerce for more information at (513) 241-2690.

The Cincinnati Police Department will also be participating in five other National Night Out events throughout the city.  District One will also be at Mt. Adams Monastery (map) from 6pm to 8pm, District Two at the Mt. Washington Recreation Center (map) from 6pm to 9pm, District Three at the Kroger Grocery on Ferguson Road (map) from 5pm to 8pm, District Four at Fleischmann Gardens Park (map) from 6pm to 8pm, and District Five at College Hill Presbyterian Church (map) from 6pm to 9pm.

Meanwhile in Northside, a group committed to helping the neighborhood build community and achieve a more fossil-free existence will be meeting from 5pm to 7pm at the McKie Center (map). The goal of Transition Town Northside is to create an umbrella under which like minded individuals and organizations can pool their efforts, with the main goal of working towards a neighborhood that is local and sustainable. The grass-roots, community effort is generally geared toward responding to the challenges presented by peak oil.

All of these events are free and open to the public and most can be accessed by Metro bus service (plan your trip). Free bicycle parking is also available in the immediate area for most locations.