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Development News

Marcum Park To Be Built Along Great Miami River Thanks to $3.5M Donation

Hamilton leaders are moving forward with a long-envisioned park along the Great Miami River in the city’s German Village neighborhood thanks to a $3.5 million contribution from the Marcum family via the Hamilton Community Foundation.

The park is part of the larger RiversEdge development that already includes an amphitheater, overlook, and an extension of the Great Miami River Trail that is planned to run from New Miami to Fairfield.

These phase one projects were completed in late 2013. Since that time, the outdoor amphitheater built into the flood wall of the Great Miami River has become a central gathering point for area residents. In addition to hosting concerts and other major public events, the amphitheater is also the outdoor home of the Hamilton-Fairfield Symphony Orchestra.

“This is downtown’s backyard,” Hamilton City Manager Joshua Smith said in a prepared release. “With increasing momentum in Hamilton’s urban core, the Marcum family has given this community a huge push toward becoming a purposeful destination for working, living, and playing.”

The project sits on a 7.3-acre site that once was home to Mercy Hospital before it closed in 2008 and torn down shortly thereafter. Following the completion of the $2.1 million first phase of RiversEdge, Hamilton city officials and community members then worked with Columbus-based MKSK Design to develop a master plan for the remaining portion of the site that will become the park.

“It’s a wonderful thing to have a central area where the city can come together and enjoy a nice park,” said Joe Marcum. “It will add interest to the development of the downtown area. This will help Hamilton to be more dynamic.”

Though the park’s final details and design are being refined, early drawings illustrate that the park will include open lawns and meandering sidewalks, design features that can accommodate food trucks, a children’s play area and an interactive fountain.

Project officials expect that the design and construction work can be completed over the next year-and-a-half and open sometime in mid-2016.

Categories
Development News

State Historic Tax Credit Expected to Boost $3.1M Renovation of Goetz Tower

The seven-story Middletown Building & Deposit Association tower in Butler County was one of 12 projects in southwest Ohio to receive historic tax credits last month from the State of Ohio. As part of the deal, the $3.1 million project will receive $600,000.

The redevelopment of the 85-year-old structure will result in expanded and renovated street-level retail space, with 24 market-rate apartments on the six floors above that.

The hope is that other similar, but smaller-scale, projects come online, as is expected, after the next round of historic tax credits are awarded this spring.

As earlier reported by UrbanCincy, this award was part of a larger $42 million distribution of historic tax credits state-wide by the Ohio Development Services Agency. The goal of the tax credits, public officials say, is to spark economic development while also preserving historic structures. It is anticipated that this round of awards will spur an estimated $600 million in private investment.

This award comes after nearly $150,000 in grants for assessments and site preparation awarded by the Duke Energy Foundation, US Environmental Protection Agency, and Cincinnati Development Fund. The moment that really gave the project its initial boost, however, came in 2012 when the building was donated to Grassroots Ohio by Fifth Third Bank.

In conjunction with the $10 million rehabilitation of the Sorg Opera House, city officials and private developers are expecting to leverage this initial project to spur additional development nearby. They are also hoping to leverage its location across from Cincinnati State’s Middletown campus as a walkable alternative to students who are primarily commuting from outside the city.

Built in 1930, the seven-story, Art Deco building has survived decades of changes in the heart of Middletown. Upon completion of renovations, project officials say that the building will be renamed Goetz Tower in honor of its original architect.

Construction is anticipated to start in March and last approximately 18 months.

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Arts & Entertainment Development News

Construction Work Progressing on Hamilton’s $11.8M Artspace Lofts Project

From the construction of the Fitton Center for Creative Arts, to aggressively marketing Pyramid Hill, to proclaiming itself The City of Sculpture, Hamilton has been actively reinventing itself as an arts-friendly and arts-centered community since the early 1990s. One of the most recent efforts, however, has been the development of the Artspace Hamilton Lofts, a partnership between Neighborhood Housing Services of Hamilton and Minneapolis-based Artspace Projects.

When finished next summer, the $11.8 million mixed-use development will include 42 market-rate rental units including studios, one-, two-, and three-bedroom options. It will also include commercial and studio space on the first floor for burgeoning local artists.

Since its inception in the late 1970s, Artspace has transformed itself from simply being an advocate for the needs of artists into one of the premier non-profit developers of art-centric residential and commercial space in the United States. From artist cooperatives, to family lots, to non-residential projects, the Artspace Hamilton Lofts will continue their mission of creating unique, historic spaces for artists and arts organizations.

The Artspace project is also indicative of Hamilton’s efforts to reinvigorate its downtown by embracing its architectural past. Beginning in the 1960s and 70s, in an effort to appear more modern and match the neighboring structures that were being constructed, many of Hamilton’s downtown buildings had superficial metal facades installed on them that masked the original architectural details.

Fortunately, two of these surviving buildings, the Mehrum Building and Lindley Block, are in the process of having those metal facades removed as part of the Artspace project. The two properties were selected for the project after an extensive search, for the best location in Hamilton, over the past several years.

According to the Hamilton Lofts project lead, Sarah White, these facades have, in an ironic twist, protected the buildings from the elements over the years. While the structurally important aspects of the two century-old buildings will be left intact, the soft interiors are being completely gutted and rebuilt so that they will function as one.

The project was funded through a combination of public and private sources, including state historic tax credits and the National Endowment for the Arts and the Hamilton Community Foundation.

Project officials say that leasing will begin in the spring, and that those who are interested in applying for one of the residential or commercial art spaces can do so by attending their next informational session on Tuesday, November 18 at the Oxford Community Arts Center.

EDITORIAL NOTE: As part of our efforts to continue to keep you connected with what is happening in the urban areas of our region, we have added a new writer dedicated to covering Butler County’s historic urban cities of Hamilton and Middletown.

David A. Emery, a graduate of the University of Cincinnati’s School of Planning and former Hamilton resident, will be covering these cities in an effort to provide coverage of two other urban centers in our metropolitan region that boast significant populations and were 19th century boomtowns along the Great Miami River and Miami-Erie Canal.

Over many generations, both cities have been pulled into Cincinnati’s cultural and economic influence, and now essentially serve as satellite cities to the Queen City. The both, however, also are interesting places that are dealing with issues of urban redevelopment, diverse populations and changing economies.