Categories
Business News

CDK Global Appears Poised To Bring 1,000 Tech Jobs to Norwood

On Monday it was announced that CDK Global, an integrated technology and market services provider, would relocate 1,000 jobs to the Cincinnati region. At the time of the announcement, however, a specific site was not identified.

Given the company’s focus, UrbanCincy suggested a site somewhere in the center city would make sense for CDK and their employees. Since that time we have learned that the company will most likely move into the large Central Parke office complex in Norwood.

Located at Montgomery Road and Sherman Avenue, the site is in the heart of Norwood and is just down the street from Paycor’s new headquarters in Linden Pointe. Cassidy Turley lists Central Parke as having a block of 95,000 square feet of office space available following the relocation of Cincinnati Bell’s operations to downtown Cincinnati over the past year-and-a-half.

REDI Cincinnati, the region’s job attraction and retention organization, would not confirm the location, but sources close to UrbanCincy say that a deal is in fact close to being finalized. Representatives at CDK Global also would not confirm the information, but did say that they expect to close on a deal by Monday.

If true, it would follow a trend of major employers increasingly choosing in-town locations rather than suburban alternatives that long defined economic moves over the past several decades. It would also be a major win for Norwood which has struggled to maintain its tax revenues as company after company has left the aging industrial city for other locations.

With annual payroll estimated to be around $45 million, the City of Norwood would receive approximately $900,000 annually in new tax revenues from their 2% earnings tax. This is not accounting for any types of tax breaks that may have been offered by the City of Norwood in addition to those given by the State of Ohio.

The Central Parke complex was developed on the former General Motors production plant that was shuttered, along with its 4,000 jobs, in 1987. Since that time, the City of Norwood has struggled economically and been dealt several setbacks in its efforts to diversify its tax base. Such struggles have meant credit rating hits and caused the city to drastically cut its budget and reduce public services over the years.

While landing CDK would help in the short-term, the future continues to look problematic for Norwood with fewer and fewer resources coming from the statehouse in Columbus. As a result, it may still make sense for a municipal merger with the City of Cincinnati in the future, which is both more economically powerful and stable.

The former office space occupied by Cincinnati Bell is reportedly in good condition and will require minimal upgrades in order to accommodate CDK’s staff. Its location is accessible by two Metro bus routes – the #4 and #51 – and has a Walk Score of 85.

Categories
Up To Speed

Cincinnati’s booming center city should be obvious choice for CDK Global’s new operations center

Center city should be obvious choice for CDK Global’s new operations center

It was announced earlier today that CDK Global, an integrated information technology and digital marketing provider for the retail and automotive retail industries, is looking at Southwest Ohio for a new facility that would house around 1,000 employees.

CDK Global LLC expects to create $45,000,000 in new annual payroll as the result of a 75 percent, 15-year job creation tax credit estimated to be worth $15,652,715 that was approved by the Ohio Tax Credit Authority on Monday. The tax credit will require CDK to maintain operations at its new site for the next 18 years and would retain $3,421,465 in existing payroll along with 80 jobs. CDK is expected to make $9,750,000 in capital investment as a result of the tax credit.

The move makes sense given the region’s strong marketing and retail presence, and its rapidly growing tech scene. According to the report from our content partners at the Business Courier, a specific site has not yet been selected. We would like to take this opportunity to point CDK Global to the center city where many of the region’s fastest-growing, most innovative and successful companies are locating. Plus, there are several great sites located directly on the first phase of the Cincinnati Streetcar that would only add to the experience and quality of life for CDK’s employees.

Categories
Development News Transportation

Construction to Start on $29M South Hamilton Crossing Project This March

Hamilton city officials recently celebrated the announcement that Barclaycard would bring up to 1,500 jobs to Vora Technology Park for a new call center. Now, in almost perfect timing, public officials say they are ready to move forward with a $29 million project that will greatly improve access to the site.

Last week the OKI Regional Council of Governments awarded $3.75 million to the South Hamilton Crossing project. This is in addition to a previous allocation of $2.45 million from OKI, and $10 million from the State of Ohio. The remaining funds are coming from the City of Hamilton and Butler County.

“OKI’s support of the South Hamilton Crossing project is crucial to its success and illustrates how important the overpass is to our regional transit network,” City Manager Joshua Smith stated in a prepared release.

Hamilton has long been defined by its numerous freight railways. While they have been productive for the city, they have also served as barriers between neighborhoods since they typically operate at-grade.

The Jack Kirsch Underpass on High Street is the only grade-separated rail crossing in Hamilton that offers east-west flow. As a result, the South Hamilton Crossing has long been envisioned; with some plans showing it that date all the way back to 1911.

As of now, Grand Boulevard terminates at the CSX and Norfolk Southern tracks in Lindenwald. People walking, biking or driving must then head north along Central Avenue and then cut across the four railroad tracks diagonally.

This new project will extend Grand Boulevard to the west to University Boulevard, serving Vora Technology Park and Miami University Hamilton. Instead of crossing the four railroad tracks, the extended road will bridge them, thus offering fewer conflicts for pedestrians, cyclists and motorists, along with fewer restrictions for freight operators.

“SHX is very important for both safety and economic reasons,” said Smith. “With the recent announcement that Barclaycard is opening a 1,500 person facility at Vora Technology Park, the need for better access to the area is more important now than ever.”

Transportation officials say that 56 trains travel through this crossing on a daily basis, which results in its blockage a total of 15.3% of the time. As a result, the new overpass is expected to greatly improve connectivity, reduce travel times, and increase safety.

Project leaders say that construction should begin in March 2016 and be completed in mid-2018.

Categories
Arts & Entertainment News

Relax at Smale Riverfront Park Between Beers at Oktoberfest This Weekend

Construction activities at Smale Riverfront Park will remain at a minimum for the foreseeable future as additional funding is lined up for the remaining phases of the 45-acre park along the central riverfront.

The $120 million project has, along with private real estate development at The Banks, completely transformed the look and feel of the northern banks of the Ohio River. Of course, this has come at a time when the city overall has undergone a dramatic transformation many would not have considered possible a decade ago.

For the hundreds of thousands of people expected to visit the center city this weekend for Oktoberfest and the home opener for the Bengals, now would be a good time to check out Smale Riverfront Park and its surroundings. In fact, the Überdrome at Moerlein Lager House is actually situated within the park and gives you a great overview of the rest of its features.

The following video offers a good overview of what all is there and what you should see and do while at the park. Prost!

Categories
Arts & Entertainment News Transportation

Bengals Partnering With Miller Lite to Offer Free Bus Rides For Home Opener

Free Metro Rides for BengalsThe Bengals will have their season home opener this Sunday at Paul Brown Stadium. While a sellout crowd is not expected, tens of thousands of football fans are still expected to make the trip to the central riverfront in order to attend the game or participate in nearby festivities.

As is to be expected, many of those people will be drinking alcohol. This presents a business opportunity for nearby restaurants and bars, but it also presents a challenge for law enforcement as the likelihood of people driving while under the influence increases.

In order to help combat that, Miller Lite is partnering with the Bengals to provide free rides on all Metro bus routes on Sunday.

This is the 28th year for the program, and this season Miller Lite is partnering with six NFL cities. In total the program has come to 20 cities and provided approximately 4.8 million free rides.

“We’re excited to work together with local public transit companies, our distributor partners and our NFL alliance partners to remind fans that the best moments of the game are those enjoyed responsibly,” a Miller Lite representative told UrbanCincy. “We’re happy to begin a new partnership with Metro and hope to grow our relationship in the future.”

While the free rides will only be available for this Sunday’s home opener, Metro officials are hoping it makes people aware of the transit alternatives available for getting to and from all Bengals games.

Those who wish to take advantage of the free rides need only to get on the bus during regular service hours. No game ticket or verification will be necessary.

The Bengals won their first game of the season in Oakland against the Raiders, and will host the San Diego Chargers this Sunday at 1pm. Tickets are still available and can be purchased online or at the Paul Brown Stadium ticket office.