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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.

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Business Development News Politics

CPA to host seminar on historic building receivership – 8/7

The Cincinnati Preservation Association (CPA) will be hosting a seminar on historic building receivership Saturday, August 7 in Camp Washington. The executive director of the Camp Washington Community Board will be in attendance to discuss that neighborhood’s approach to saving, renovating, and reselling buildings that might have otherwise been lost due to neglect.

Originally settled in 1846, Camp Washington is one of Cincinnati’s many historic neighborhoods. Over time the neighborhood has seen dramatic changes with the introduction of Interstate-75 in the mid-twentieth century. Since that time the community has dealt with a neighborhood street grid detached from its surrounding neighbors while also trying to adjust to changing demographics that led to disinvestment, and back to popularity today.

The issues faced by the historic Camp Washington neighborhood are similar to what many inner-city neighborhoods faced during the second half of the 20th century. Its urban revival is a narrative that is also ringing true with others, but the neighborhood’s historic preservation success is an element CPA believes can help other neighborhoods around the region.

CPA’s Saving Buildings With Receivership seminar will take place from 10am to 1pm on Saturday, August 7 at 2951 Sidney Avenue. The seminar will include a tour of a current receivership project underway in Camp Washington. Reservations are required due to limited space. Those interested can register for $5 by contacting CPA at (513) 721-4506 or info@cincinnatipreservation.org.  You can also RSVP for the event on Facebook.

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News Politics Transportation

Three hybrid buses to be added to Metro’s fleet

The Southwest Ohio Regional Transit Authority (SORTA) will debut three new hybrid buses on Thursday, August 5.  The new buses will join a Metro bus fleet that is seeing the number of environmentally friendly buses grow with the help of federal funding through the American Recovery & Reinvestment Act (ARRA).

“As Metro’s fleet gets greener, Cincinnati’s air gets cleaner” said Marilyn Shazor, Metro’s CEO. “Mass transit itself is an important and easy way to go green, and our hybrid buses illustrate our system’s commitment to environmental responsibility.”

Metro officials have estimated that in the first year of operation, the existing six hybrid buses have reduced greenhouse gases by 190 tons, provided 330,000 “green” rides, traveled 210,000 miles, and saved the transit agency 7,000 gallons of diesel fuel.

The savings are particularly important as transit officials look to deal with fewer people riding transit due to the economy, and lower financial contributions from the City of Cincinnati’s earnings tax which contributes 3/10th of one percent of that tax. In addition to the economic benefits, officials see the growing hybrid fleet as a positive for the local environment.

“Smog is a problem in the Cincinnati area and Metro’s purchase of cleaner, lower emission buses is a positive step toward helping clean up our air,” said Cory Chadwick, Director of the Hamilton County Department of Environmental Services. “In fact, everyone can help by increasing their use of public transportation, especially by choosing to ride a diesel-hybrid bus with significantly lower exhaust emissions, better fuel economy, and a quieter ride than a standard diesel bus.”

The new hybrid buses will be on display at Ault Park (map) from 10am to 11am, and on Fifth Street between Walnut and Main (map) from 12pm to 1pm. Metro now has nine hybrid buses in its fleet, with another four to be added in fall 2010.

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News Politics

After Issue 9 victory, next generation of leaders need to stay involved

This past Thursday evening more than 40 people crowded themselves in a meeting room at the Over-the-Rhine Chamber of Commerce. The group was a diverse collection of individuals who had gathered for one purpose: to address safety concerns in the Main Street/Mulberry Street/McMicken Street area of Over-the-Rhine. The three policemen and chamber members in attendance could not believe the turnout, and mentioned their pleasant state of surprise several times.

Safety sector meetings like this are held regularly throughout the historic Over-the-Rhine neighborhood as engaged members of the community look to find out how they can continue to improve their neighborhood.  At this particular meeting, the majority of the people in attendance were under the age of 35. The common thread, beyond age, was that they were members of the community, either living in or around the Over-the-Rhine neighborhood, who wanted to help make a difference.

The momentous build-up and defeat of Issue 9, the anti-passenger rail amendment, in last year’s local election sparked a wildfire of community activism not seen in this area for some time. For the first time in my relatively young life, I became totally and thoroughly passionate about doing all I could to inform and educate others about the importance of rail transit in Cincinnati. It felt pretty good to be involved in a cause I believed in, and a strong bond was formed between those who spent their time rallying to defeat Issue 9.

Fast forward to today, and there is no doubt that the Cincinnati Streetcar will be built, and the 3C Rail Corridor plan is moving ahead thanks to our efforts to defeat the anti-passenger rail amendment.  With these goals accomplished, many of us now must figure out what to do with all this energy, enthusiasm and excitement we have for the urban core.

I challenge you to get involved in your community.

There are countless ways to give your time and effort to strengthen and build your respective neighborhood. From participating in community councils to volunteering to serve with neighborhood groups, getting involved in your community not only builds up the place where you live, but it creates bonds between neighbors and truly builds a sense of camaraderie and sense of place.  For too long, too many have chosen to close their doors and picket fences.   Electing instead to stay inside a safe, often isolated, bubble of Anytown suburbia.  The results have turned neighbors into strangers in cases where it should be anything but.

It is not just Over-the-Rhine that calls for your involvement. There are 52 neighborhoods within the City of Cincinnati, and many more throughout the region, that all have needs, goals, and a heavily established “old guard” that is eventually going to want to retire. The time is now for this generation to become actively involved so that the torch of community responsibility can be passed to us.

As I looked around the room on Thursday evening I was surprised to see that I knew at least a third of the people in attendance. They are not just my friends. They are my neighbors, my community. And we are ready and excited to invest in our area, strengthening Cincinnati and making it an even better place to live.

We Love Cincinnati

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Development News Politics

Fort Washington Way caps to provide valuable real estate

Each Wednesday in July, UrbanCincy has highlighted Fort Washington Way (FWW), the I-71/US-50 trench bisecting the Cincinnati’s central riverfront from its central business district. Part one of the series discussed what the area looked like prior to reconstruction a decade ago, and how that reconstruction made way for the development along Cincinnati’s central riverfront. Part two discussed some of the unseen assets included in the project that are saving taxpayers millions of dollars. Last week’s article highlighted even more of the unique features that contributing many societal benefits to the region. To conclude the series, this week will feature ideas for future development around Fort Washington Way.

When the stretch of highway was redesigned a decade ago, the better design allowed for several acres of space to be reclaimed for uses that are more productive than a highway. The National Underground Railroad Freedom Center was located on land that was once a highway, as are portions of The Banks development which is currently under construction. Plans for the second phase of The Banks also will make use of the reclaimed land from the redesign. The Banks, bookended by our major league stadia and highlighted by the Freedom Center, is a development project that will fundamentally transform this city’s urban core. It was only made possible through redesigning the stretch of highway and reclaiming under-utilized land on Cincinnati’s urban riverfront.

When the Federal government chose to build I-71 through downtown Cincinnati, they chose to do so in an area that already had a major roadway on it. As a result, local authorities were allowed to maintain the rights to the space directly above the federal highway. Generally, when the Federal government builds highways, they maintain the air rights so that they can better control the factors that impact the highway’s utility. In this case, Cincinnati’s ability to maintain control over these rights ensures that the area can be used to its maximum local utility.

To maximize the utility of the space, officials could choose to install 600 feet-long caps over the highway. As has been discussed previously in this series, the reconstruction of Fort Washington Way ten years ago included building infrastructure necessary to support such caps. Structurally, these caps could support several feet of dirt, allowing the city to create a fascinating, unique pocket park in the heart of downtown Cincinnati. Nearby residents would benefit greatly from a place to walk their dogs. Having the retail, office, and residential space at the Banks surrounded by green space on the south with the new riverfront park and on the north with a park above the highway could provide a stunning and dramatic space.

However, some view more park space in that location as unnecessary, and that the real estate in that particular location is too valuable to be planted over. As a result, it is likely in the city’s best interest to explore options that would generate tax revenue. According to engineers responsible for the project, the caps could be built in such as way so that developers would not be restricted with the building materials they use. However, as the height of a building increases, so too does the building’s weight. As a result, buildings on the caps would likely be limited to about four stories in height.

With that particular height, the new development would provide an aesthetic feature that would visually link The Banks to the rest of the central business district. When the first phase of The Banks is complete, portions of mixed-use development will rise six stories above Second Street. Directly to the north of this area sits the trench of Fort Washington Way, followed immediately by highrises like the E.W. Scripps Tower and Cincinnati Enquirer Building. Developers could opt for a design on the caps that would have first floor restaurant or retail options, with offices or residents above.

One of the worst features of the old Fort Washington Way that the new design did not completely fix is that the highway bisects downtown from the Ohio River. Capping the highway and building several-story, mixed-use buildings on it would go a long way to rectifying that disconnect. Because of the required space between the current bridges over the highway and the caps, entrances to these buildings would have to be from Second or Third Street. This particular design would allow comfortable transition north and south between the waterfront and downtown, but would also keep pedestrians moving east and west in the city.

A task force of engineers recently convened to study the feasibility of building and installing these caps. Their task not only includes determining the exact structural capabilities, but also projected costs. Armed with this information, city officials and developers could begin discussions shortly. Should the city push for a unique park over the highway? Or would you rather see a the area built with multi-use buildings?