Category: Development

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Business Development News Opinion

Downtown Cincinnati to get another new office tower, but is it an opportunity missed?

On Monday dunnhumbyUSA announced that they had found a location for their new expanded headquarters. The consumer analytics company will build a new office tower at Fifth and Race in downtown Cincinnati.

The embattled property had long been seen as a site for a tower by city leaders. Development plans, at some point or another, had called for a department store, theater, condo tower, office tower, or some combination thereof. Both Eagle Realty and Towne Properties had failed at developing the site beyond the surface parking lot currently located there.

As one of the most ardent supporters of Cincinnati’s urban core, I am here to say that I am disappointed by this news. Yes, it is exciting that Cincinnati will be getting yet another tower built in its urban core as so much other investment takes place. And yes, it is terrific that a young company is flourishing in Cincinnati. The problem, however, is more complex.


A new office tower will soon rise from the center-left of this vantage point as dunnhumbyUSA builds its new headquarters in downtown Cincinnati. Photograph by Randy A. Simes for UrbanCincy.

As the renaissance continues to progress in Cincinnati’s urban core, the city must seize every opportunity to inject life where life has long since been vacant. The activity that follows should be thought about in a logical manner. What kinds of activities are found in what parts of the center city, and what is needed?

In the case of the notorious Fifth and Race location, what is needed is after-hours street life. It is currently an area vibrant during the business day, but struggles to support businesses and street activity into the evenings and weekends. The development of a new office tower there does not address either of those issues.

Yes, the new dunnhumbyUSA tower will be a boon for city coffers and develop a long underutilized piece of property just a block from Fountain Square. But the central business district needs more residents if it ever wants to support the likes of a grocery store, theater or other service retail. And there are very few sites well-suited for a high-rise residential tower beyond the Fifth and Race location that will now be occupied by a shiny new office tower.

The alternate location for dunnhumbyUSA’s new tower would have been at The Banks where an office tower has been proposed at the corner of Second and Walnut streets. This is an area that is, infact, in need of daytime activity. Unlike the rest of the central business district, The Banks is primarily made up of high density residential and other entertainment that fills the streets into the evenings. What The Banks does not have is daytime business activity, and dunnhumbyUSA would have provided just that.

Furthermore, a location at The Banks would guarantee increased parking revenues at the county-owned garages sitting beneath the development. This, in turn, would help to pay off the stadium debt that is crippling Hamilton County.

If you are to look at things in order of sparking additional development, The Banks location also comes out on top. As most industry insiders are aware, it is difficult to make money on residential development, but office development makes money hand over fist if you can lease it. Such a tower at The Banks would have almost assuredly helped either pay off debts on the first phase, or finance the second phase of development there.

Unless the Cincinnati Center City Development Corporation (3CDC) uses the profits to leverage additional development in Over-the-Rhine or in the central business district, the Fifth and Race location will not have the same ripple effect that would have been seen at The Banks.

In my opinion, city officials should have been patient and sat on the Fifth and Race site until a deal came to pass that would have developed the site into a 20 to 30-story residential tower. Cincinnati may only have one or two sites well-suited to accommodate such a tower in its central business district now, but it could probably use three times that many to achieve the vibrancy that is needed.

Let’s hope that the development plan for the Fifth and Race site includes some residential component to help offset this situation. Until then, chalk this one up as good news, but an opportunity missed.

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Business Development News

First phase of Smale Riverfront Park on schedule, future phases hinge on funding

The first phase of construction on the $120 million Smale Riverfront Park is nearly complete. A handful of small construction pieces continue, but most large items have been finished. Project officials will open the first phase of the 45-acre central riverfront park in the coming months, and will celebrate the grand opening of the Moerlein Lager House on February 27, 2012.

“This summer we will continue working our way east with our connection to Paddle Wheel Park, Public Landing and other waterfront parks,” project manager Dave Prather detailed. “We expect that piece to be completed spring 2013 which is when we plan to proceed with construction of the boat dock.”

In the latest video update on the project Prather also takes viewers inside the Moerlein Lager House for the first look at the second-floor Hudepohl Bar, and highlights the finishings inside the Beer Barons Hall of Fame.

Prather also highlighted the completion of the park’s geothermal system which will soon be operational and carrying one million gallons of 57-degree water through the system daily.

The bike runnels along the Walnut Street steps are now visible and will allow for bicyclists to easily transport their bikes down the staircase to the Bike & Mobility Center which is scheduled for an April 2012 opening. While much progress has been made on phase one, progress on future phases are still up in the air.

“We don’t think we will be able to proceed with construction further west for another couple of years,” explained Prather. “So it probably will be a 2014 or 2015 project, but it will depend on some federal authorizations and funding.”

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Business Development News Transportation

Massive funding cuts at ODOT pose threat for Cincinnati-area projects

The tentative project list released last week by the Ohio Department of Transportation’s (ODOT) Transportation Review Advisory Committee (TRAC) will delay many major highway construction projects throughout the Cincinnati region.

Some of the Cincinnati-area projects to be impacted by ODOT’s budget crisis include the Oasis commuter rail line which had its funding erased, the highway portion of the Eastern Corridor Project which has now been delayed, and start dates on future phases of I-75 reconstruction work have been pushed beyond 2020.

ODOT’s cuts have also affected the City of Cincinnati’s West MLK Drive Access Improvement, since that project was coordinated with phase four of the I-75 Millcreek Expressway project. Some of that prep work has begun with ODOT demolishing the old Interstate Motel and several apartment buildings near McMicken Street in 2011 in preparation for reconstruction of the Hopple Street interchange in 2013.


Martin Luther King Drive works its way uptown [LEFT]. An aerial view of the Hopple Street Interchange [RIGHT]. Photographs by Jake Mecklenborg for UrbanCincy.

With $109 million in Millcreek Expressway phase four funds now delayed until after 2020, Michael Moore, Director of the Department of Transportation & Engineering (DOTE), told UrbanCincy that the city will continue to proceed with work planned for MLK Drive between Dixmyth Avenue and McMicken Street in 2012.

“We will have to modify the west end of the project, since our design ties into the ODOT work,” explained Moore. “Then ODOT will have to modify their eastern end to tie into our work. At issue will be how the shared bike/hike path terminates, but there is really little that can be done at this time with our project to connect to Central Parkway without the reconstruction of the Hopple Street bridge.”

Two miles east of the West MLK Drive Access Improvement, preliminary planning will continue for an interchange between East MLK and I-71. TRAC has programmed $3 million to fund environmental studies, select a preferred alternative, and perform preliminary design work.


Construction work progresses on the Waldvogel Viaduct in Lower Price Hill. Photograph by Jake Mecklenborg for UrbanCincy.

“No timetable had been set for construction, since this preliminary work had not been funded, but this TRAC infusion is good news and allows us to move ahead to prepare plans,” Moore detailed. “ODOT is also working out a plan of action for changing this project to the new Plan Development Process. This should help streamline the project development a bit.”

Elsewhere, phase one reconstruction work on I-75 will continue near Mitchell Avenue, and work on phase three, the reconstruction of the I-74 Beekman/Colerain interchange, has been fully funded and will commence later this year. However, funding for reconstruction of the I-75/I-74 interchange and all work south of that point has been delayed, as has all planned work between the Norwood Lateral and I-275.

When asked about the ongoing work on the Waldvogel Viaduct, DOTE’s director informed UrbanCincy that the reconstruction project has been fully funded, and will not be affected by ODOT’s cuts. A second phase of that project, which involves upgrades to the Sixth Street Expressway, has also been fully funded and will proceed as planned.

Download a PDF of TRAC’s entire project list.

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Development News Opinion

Vancouver’s approach to urbanism serves as North American model

By all accounts Vancouver is a modern metropolis. The eyes of the world were directed squarely at the picturesque Canadian city when it hosted the 2010 Winter Olympics, but Vancouver has been making noteworthy progress within its urban core for many years.

One of the most striking elements of Vancouver’s urban landscape is the sheer number of glass high-rises throughout the city. The design approach is more characteristic of a modern Asian city than it is of a North American city. The existence of this might make sense given the large Asian population found in Vancouver, but the tower typology is slightly different than what is found in Hong Kong, Shanghai or Seoul, for example.


Residential high-rises define the modern Vancouver metropolis. Photograph by Randy A. Simes in January 2012.

The Vancouver model of urbanism places a focus on diversity and truly embodies the Jane Jacobs concept that downtowns are for people.

Most of the high-rise towers you find in Vancouver are residential, not commercial as is the case in most North American cities. The towers are almost always glass and slender – a design approach almost assuredly meant to open Vancouver’s residents up to the breathtaking natural landscape surrounding them.

What is not immediately evident when viewing these towers from a distance is that their street-level engagement is completely different from most other residential tower designs you will find elsewhere throughout the world.


Townhouses and a corner grocery store create a human scale for the high-rise residential towers rising behind them. Photograph by Randy A. Simes in January 2012.

The brilliance of the Vancouver model is that it incorporates two- to three-story townhouses at the street, while the slender glass tower sets off of the street. This accomplishes three very important urbanist goals.

  1. The townhouses at street-level allow for a pleasant human scale, and are often designed with more expensive, natural materials that also are more pleasant to the human experience.
  2. The set back of the towers allows for natural light to permeate throughout the urban streetscape without jeopardizing its vibrancy with a blank area between the tower and the street.
  3. The towers allow for the always coveted young professional and empty nesters to find a place to live, but the townhouses allow for a desired housing typology for young families with children – thus offering a unique diversity of people within Vancouver’s urban core.

Vibrant schools and playgrounds, exciting nightlife and dining, an urban landscape that embraces its natural counterpart, and vibrant streetscapes are the result of this approach to urbanism.

While other North American cities continue to look for a way to embrace Jacobs’ concept, they should first look to what Vancouver has been so successfully able to implement.

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Business Development News

Ruth’s Chris Steak House signs on at The Banks

Project officials have confirmed that a Ruth’s Chris Steak House will open at The Banks development in downtown Cincinnati. The addition of the exclusive chain restaurant has been predicted since May 2011, but project officials have refrained from commenting publicly until just now.

The addition of the 9,600-square-foot Ruth’s Chris restaurant will bring the total retail occupancy at The Banks to approximately 82 percent following the recent announcement that Mahogany’s Cafe & Grill will also open a location along the central riverfront.

The upscale restaurant, officials say, will open within the two-level retail space at the northeast corner of Walnut Street and Freedom Way. It will be Ruth’s Chris second Ohio location.


The future home of Ruth’s Chris Steak House Cincinnati. Photograph by Jake Mecklenborg for UrbanCincy.

While 2012 has already been a busy time for economic wins at The Banks, expect another major announcement within the coming weeks.

City and County officials are currently in negotiations to find a new location for dunnhumbyUSA’s North American headquarters. The growing consumer analytics firm appears to have narrowed its search down to the surface parking lot at Fifth Street and Race Street, and the office tower pad located at The Banks which is immediately north of the new Ruth’s Chris.

Hamilton County officials would like dunnhumbyUSA to locate at The Banks to help accelerate the pace of development there, while some city officials have stated a preference for the troubled Fifth & Race location. In the end, Hamilton County seems to have more leverage given their stock of underground parking at The Banks.

Chris Monzel (R) has stated a preference to get out of the parking business, but county officials have stated that controlling parking within the central business district is a strategic move in order to help spur economic development. To that end, it would seem logical that county officials will use artificially low parking rates to lure dunnhumbyUSA to the site at The Banks.

It is projected that dunnhumbyUSA will have at least 500 employees at whatever site they choose, with room for growth. Such size would make the construction of a new office tower at The Banks economically viable and potential immediately spark construction.