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Development Opinion

IMAGE: Cincinnati To Grow Taller in the Coming Years

In just a few years time the Cincinnati’s center city could reach new heights with thousands of new residential units, several new hotel and office towers.

Last year, UrbanCincy analyzed the rate of tower construction in Cincinnati by decade and found that the 1960s through the 1980s saw the most tower construction of any decades in the history of the city. At that time, UrbanCincy counted six proposed towers into the tally for this decade, but our new list includes six more that we had not considered at that time.

Center City Cincinnati in 2015

In an effort to track the visual transformation of downtown Cincinnati,  we at UrbanCincy have used GoogleEarth to help track the dramatic new additions to the city’s downtown. Below is a compiled listing and description of these redevelopment projects:

  • dunnhumby Centre: A nine story office building located at Fifth Street and Race Street that will serve as the North American headquarters for dunnhumbyUSA.
  • Fountain Place Apartments: Late last year the Business Courier reported that Towne Properties was looking to construct an apartment tower over the building currently housing Macy’s department store. The tower could contain up to 225 apartment units.
  • Fourth and Race: Indianapolis developer Flaherty & Collins recently won approval from the city to move forward in constructing a 30-story residential tower with a grocery retailer on the first floor. The existing garage and attached skywalks will be demolished.
  • The Banks Phases 1B and 1C: Developers of The Banks are actively looking for an anchor office tenant to begin construction of a 13-story office tower at the corner of Second Street and Walnut Street. They are also looking for a hotel chain to construct a mid-rise along Joe Nuxhall Way and Freedom Way.
  • The Banks Phase 2: Development should begin by the end of the year on a 10-story apartment building housing 300 apartment units. This development will also include a future office building on the Vine Street side. The Carter-Dawson development team revealed their phase two designs to UrbanCincy last October.
  • Apartments at Seventh Street and Broadway Street: Announced in March, this apartment development will be constructed above an existing parking garage that was recently expanded by the city a couple of years ago. The development will have 110 apartment units.
  • Holiday Inn and Sycamore Street Garage: Part of the city’s Parking Modernization & Lease agreement includes the demolition of an aging city parking deck that will clear part of the site for construction of a 11-story Holiday Inn hotel. A 7-story garage with street-level retail will replace part of the old garage and the former American Red Cross building.
  • One River Place: The former condo project at the foot of the Purple People Bridge has extended its development approval with the city late last year and expressed an interest in developing as an apartment project. No number of units has been identified at this time.
  • Western & Southern Tower: With the resolution of litigation regarding the Ann Louise Inn, Western & Southern Financial Group will be able to move forward with plans to build a long planned tower at the site of the parking garage with the spinning clock. There are no renderings available as of this date so the model in the picture is a placeholder designed by the UrbanCincy team.

Of the nine towers on this list, six are recent additions to the tower listing compiled last year. Cincinnati is now poised to add 15 towers to its collection this decade, putting it dead even with how many the city added in the 1970s. Since many of these will be completed within the first half of this decade, it may be safe to assume that the city will add even more by decade’s end and approach the 1980s rate of tower construction.

While these new buildings may soon be added to downtown Cincinnati’s cityscape, other buildings are undergoing transformations including these following projects:

  • AT580: The renovation of an existing office building on Sixth Street, between Walnut and Main Street, into 176 apartment units, office and ground level retail. A steakhouse has already committed to the crucial corner spot of Sixth Street and Walnut Street.
  • Bartlett Building: This historic building, constructed and designed by Daniel Burnham has sat vacant as the bank foreclosed on the property owner during the recent financial crisis. The building’s new owners have recently received historic tax credits and city assistance in converting the building into a Renaissance Hotel.
  • Old Enquirer Building: Once slated to become condo’s prior to the recession, developers have recently begun construction of a dual brand hotel concept.
  • Terrace Plaza Hotel: The historic modernist building, which closed its doors in 2010, was recently sold. No word yet on whether their are plans for redevelopment of the building.

Half of the projects listed here are slated to start construction this year, adding an infusion of new residents and visitors to the Central Business District. The addition of these towers will not only accelerate the projected rate of tower construction in Cincinnati this decade, but it will also add fuel to the fire of the city’s ongoing renaissance.

And of course, none of this includes any of the any of the investment that is adding thousands of more residences, office and retail space, and hotel rooms throughout the city’s other neighborhoods. They just happen to not be taller than 100 feet in height.

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Up To Speed

Immigration Can Stabilize City Housing Market

Immigration Can Stabilize City Housing Market

As immigration reform is discussed on the national level, several cities have taken the lead in accepting more immigrants. This has led to an influx of population which have stabilized housing markets in several cities. A few months ago we discussed this issue on the UrbanCincy podcast and examined how the issue is affecting Cincinnati.  More from the Atlantic Cities:

Broadly, this implies that immigrants help boost housing markets, in much the same way that they’ve been shown in the past to shore up aging populations where large numbers of workers are retiring out of the workforce. And they’ve had the greatest impact boosting the housing market in areas that could use it most – specifically, in shrinking Rust Belt cities, or in the deteriorating neighborhoods of major metropolitan areas where it’s elsewhere unaffordable to live.

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Up To Speed

Chicago Improves Protected Bicycle Lanes

Chicago Improves Protected Bicycle Lanes

Although protected bicycle lanes help improve cyclist safety from automobile accidents, Chicago is looking to further reduce conflicts between bicyclists and pedestrians by making some enhancements including traffic lights directed towards cyclists. These are lessons that Cincinnati may be able to implement as the city expands its bicycle network. More from the Chicago Tribune:

From 2006 to 2011, there were 1,140 reported crashes on this part of Dearborn, city records show. Pedestrians and bicyclists were involved in more than half of the accidents that included injuries.

Authorities and bicycling advocates expect accidents will decline on Dearborn and other streets that get protected bike lanes.

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Development News Politics Transportation

City Council Approves $17.4M in Additional Funding for the Cincinnati Streetcar

City Council’s Budget & Finance Committee, which is made up of the full nine-member council, approved two Cincinnati Streetcar-related measures this afternoon at City Hall.

The first was a motion put forth by Vice Mayor Roxanne Qualls (C) that directed Mayor Mark Mallory’s (D) administration to provide City Council with an updated timeline and schedule, performance measures, operating plan, assessment of project staffing and personnel, progress reports, and develop a “sustainable funding” plan for the Uptown Connector and Uptown Circulator projects planned to follow.

Cincinnati Streetcar

This measure passed 5-3 with P.G. Sittenfeld (D), Christopher Smitherman (I), and Charlie Winburn (R) voting in opposition. The recently appointed Pamela Thomas (D) abstained from voting on the measure.

“Recent funding challenges have highlighted the need for accountability and greater transparency in this major public infrastructure investment,” the motion read. “City Council must take a greater oversight role to instill public confidence in the management of the project.”

The second item voted upon was to allocate an additional $17.4 million to the first phase of the streetcar project, following an additional $5 million grant from the U.S. Department of Transportation through its TIGER program last week.

The additional funding will come from City Manager Milton Dohoney’s recommended plan issued in April. This plan includes the reprogramming of $6.5 million from casino area infrastructure, delaying the contribution of $5.4 million to Music Hall capital funds, reprogramming $400,000 from traffic signal replacement and $500,000 from water main relocation/replacement funds, and issuing $4.6 million in new capital debt.

This measure passed 5-4 with Sittenfeld, Smitherman and Winburn once again voting in opposition, but with Thomas then joining them.

Thomas was considered a swing vote on these issues due to her husband’s pro-streetcar position, who previously filled her seat on council. She spoke to her original support for the streetcar project when it included the Uptown Connector in its first phase, but that her support went away from Ohio Governor John Kasich (R) pulled $52 million from the project.

The vote will not become official until City Council votes on the ordinance this Wednesday at its full session, but it is expected that the same nine-member body will vote as they did today.

Categories
Business Development News Politics Transportation

Parking Lease Deal to Move Forward Following Appeals Court Ruling

photo (5)This morning the Hamilton County Court of Appeals released its decision on the court case (Lisa McQueen, et al. vs. Milton R. Dohoney, Jr., et al.) concerning whether the City of Cincinnati had the right to enact emergency ordinance provisions in leasing its parking assets to a third party. The decision from the court struck down a lower court’s ruling and in turn upheld the city’s parking lease ordinance and the right for City Council to enact emergency ordinances.

The decision means that the City of Cincinnati can enact its Parking Modernization & Lease Plan, which was passed by City Council 5-4 in March. The ruling also states that citizens do not have the right to file a referendum on items passed with an emergency clause, thus eliminating the possibility of a public vote on the parking lease deal this November.

Immediately following City Council’s March vote, opponents of the plan filed a taxpayer lawsuit against the plan and Judge Robert Winkler issued a restraining order preventing the city from using the emergency ordinance clause for this issue or any issue before the City of Cincinnati. In this particular case, Judge Winkler’s restraining order was issued within minutes of its vote.

Judge Winkler then heard arguments the following week and made a ruling in early-April that allowed a referendum on the emergency ordinance to move forward by questioning the clarity of the city’s charter provisions on the matter.

In May the Court of Appeals heard arguments from both sides. Today the long-awaited decision was announced. In making its decision the Court of Appeals considered several things.

  1. Whether the Plantiff in the case followed the proper legal procedure in filing for the taxpayer lawsuit. The decision documents state in three separate paragraphs that the plaintiffs failed to make the necessary $325 deposit. “The plaintiffs-relators intimate that they cured the deficiency by paying the $325 deposit after the common pleas court had entered its judgment. But the record certified on appeal does not demonstrate that any deposit was made.” Paragraph 23.
  2. Emergency Ordinances are subject to referendum if provisions are provided within the city’s charter: The city’s charter has language outlining the way the city can pass ordinances and emergency ordinances. It also outlines the provisions for referendums. The charter also defaults to state law provisions for what the charter does not cover. Since there were no provisions in the charter for referendum of emergency ordinances, they cannot be challenged to referendums.
  3. The court found that the Emergency Powers provision was backed up by 90 years of case law. In the 90+ years since the enacting of the city’s charter government, Hamilton County and State level courts have ruled in defense of the city’s emergency powers provisions.
  4. The court found that the city properly outlined the nature of the emergency in enacting the emergency ordinance.
  5. The City’s Charter was not ambiguous. The court took the path of interpreting the charter as a whole instead of the sum of its parts.

The ruling is being considered a major victory for the City of Cincinnati as it is now able to move forward with its Parking Modernization & Lease Plan, which will provide an upfront payment of $92 million and annual installments of $3 million from the Port of Greater Cincinnati Authority.

It also defends a wide array of city actions, that are passed with the emergency ordinance clause, from being subject to public referendums. Over the past several years, a host of decisions made by a plurality of City Council had been subject to what some believe is an inefficient way of running a government.

“While Cincinnatians for Progress did not take a position on the parking lease, we believe that good governance is critical to the city of Cincinnati, and we believe that our representative democracy as outlined in the city’s charter is good governance,” Derek Bauman, Co-Chair for Cincinnatians for Progress, told UrbanCincy. “In addition, it is vital for the city to have the ability to pass ordinances as an emergency when necessary. We welcome the appeals court ruling.”

What has yet to be decided is what will happen with the $92 million upfront payment, which was originally planned to cover the city’s budget gap and provide funding for a host of economic development deals.

Since that time, the City of Cincinnati has passed a budget, which originally was to get $25.8M from the parking lease deal, and found alternative funding sources for a number of the projects ($20M for MLK Interchange, $12M for 4th/Race Apartment Tower) involved in the original list.

The result is a $57.8 million question now put before Mayor Mallory’s Administration and City Council.