Categories
Business Development News Politics Transportation

City, county leaders celebrate latest milestone in Cincinnati’s central riverfront transformation

The sixth major portion of Cincinnati’s central riverfront transformation is now finished as city and county leaders celebrate the completion of the new street grid and a 729-space parking garage. The garage will lift the next phase of private development out of the Ohio River’s 100-year flood plain, and the completion of Freedom Way will connect both ends of the massive development.

The new parking garage is part of the larger Central Riverfront Garage system that spans five city blocks and makes the area buildable for private development. To date, Carter and Dawson Company has teamed to build an $80 million development that houses 300 apartments and 90,000 square feet of retail space.

“My wife and I walk, bike or drive past The Banks construction on a daily basis,” explained downtown condo owner Bob Schwartz. “As big a project as it is daily progress is visible if you see it regularly and I’ve thought it’s had a reasonably good pace considering its scope.”


Developers hope to break ground next summer on $75 million worth of mixed-use development atop the recently completed portion of the Central Riverfront Garage.

Officials have stated that negotiations are ongoing to bring a hotel to the site, as well as office tenants that would finance a new tower. Aside from the obvious construction progress there are also several other notable features that are now coming online at The Banks.

The new Central Riverfront Garage system includes valet parking and accepts credit cards through an electronic payment system. The new garage system has also includes a theme-based navigation setup. For example, sports fans can can see whether they are parked in the Baseball Block (red) or Football Block (orange).

All of the exposed garages will eventually be topped with private investment in a manner the development is intimately familiar. By lifting the development out of an undesirable area by garages, the public sector is able to essentially construct building pads for which future development will occur. This approach is very similar to what Carter has used when building out Atlantic Station in Atlanta.


The Central Riverfront Garage includes a theme-based navigation system organized by colors and symbols to help visitors navigate the massive parking structure.

The development team expects to start work on the next $75 million phase of development next summer. That portion, which lies immediately west of the National Underground Railroad Freedom Center, is anticipated to include an additional 300 apartments and even more retail space. Prior to that developers may get started on two anchor restaurants to be built in front of the Freedom Center.

“Many students are excited for the completion of the development,” said Heights Community Council member and University of Cincinnati student Tim Oliver. “While construction timelines may be adhered to, the public wants what The Banks promises now.”

The vast 2,400-space garage system is controlled by Hamilton County and is intended to serve the Cincinnati Reds and Bengals professional sports franchises, while also creating additional parking for future office towers along 3rd Street. The latest phase of public investment was made largely possible by a $23 million grant from the American Recovery & Reinvestment Act.

Categories
Business Development News Opinion Transportation

Lagging air service at CVG may mean more trouble than just Chiquita’s departure

In 1987, the same year that Chiquita announced its move to Cincinnati from New York City, Delta Airlines began its first non-stop flights to Europe from what was then called the Greater Cincinnati Airport. 18 years later, the airport’s “Hub Era”, as the period is described on the airport’s own website, drew to a close just as a third north-south runway was completed. Since that $250 million runway opened in 2005, total annual passengers at CVG have fallen from 22.8 million to 7.9 million.

In 1998, at the height of the Delta hub’s growth, the Cincinnati Metropolitan Growth Alliance hired Michael Gallis, a Charlotte-based planning consultant, to deliver a report on the state of Cincinnati [Download the Gallis Report] and how it must position itself for the 21st century. Given this week’s news regarding Chiquita, this passage from the report is especially prophetic:

“The Airport cannot be taken for granted. There is strong competition for airline activity and hub status among metro regions. Therefore, it is essential to continue involvement with the Cincinnati/Northern Kentucky International Airport to assure its continuing status as a major global hub.”

Unlike in Europe, where government-owned airlines don’t shift their hub operations, American cities are at the mercy of the finances of those airlines that serve them. Chiquita is moving to Charlotte primarily because of the relative health of US Airways versus Delta — the City of Cincinnati has no say in the affairs of Delta Airlines or even the Cincinnati/Northern Kentucky Airport.


Charlotte will add Chiquita to its corporate roster in late 2012.

So is Cincinnati finished as a viable location for international business because of Delta’s 2006 bankruptcy? Since second-tier cities like Cincinnati and Charlotte are at the mercy of their airport’s hub operator, won’t Chiquita find itself in a similar situation when US Airways inevitably suffers similar financial problems?

The great frustration is that all of this could have been avoided if at the cusp of the jet age a major airport had been built in Butler County so as to draw from the combined 3-plus million population of Cincinnati and Dayton. Such an airport could have attracted all of the development that now occupies Boone County, Kentucky, and the larger combined population would have ensured multiple major carriers.

Is a continued reliance on CVG a strategy that dooms Cincinnati’s potential? There is a temptation, given the billions invested in that facility over the past 60 years, to dismiss any notion of constructing a new airport in Ohio. But with no futuristic transportation mode on the horizon, it appears that jet travel will continue in a form similar to what exists now for decades to come.

A new airport in Butler County, served by I-75 and a new rail transit line linking downtown Cincinnati and downtown Dayton, is the sort of investment that area business leaders and the State of Ohio should be pushing to ensure southwest Ohio’s competitiveness.

Categories
Business Development News Politics Transportation

Cincinnati submits $56.8M TIGER III application to fund modern streetcar extension

Local governments across the United States are in the process of competing for $527 million worth of Transportation Investment Generating Economic Recovery (TIGER) III funds. The deadline for applications was October 31, and the City of Cincinnati once again has applied for funds.

Cincinnati’s TIGER III application requests $56.8 million for phase one of the Cincinnati Streetcar. City officials say that the money will go to immediately restore the project’s segments that were eliminated following Governor Kasish’s (R) controversial reallocation of $52 million in early 2011.

“These funds would be used to restore the critical Riverfront Loop and Uptown Connector components that were removed from the original phase one,” said Department of Transportation & Engineering (DOTE) planner Melissa McVay.


Rendering of a modern streetcar heading north along Main Street towards Uptown [LEFT]. Rendering of a modern streetcar in front of Great American Ball Park along the riverfront [RIGHT].

The two segments city officials hope to restore are estimated to cost $56.8 million – exactly matching the City’s TIGER III request. Planners say that the dollar amounts include construction, utilities, two trains, project administration, contingency, and the remaining design elements.

The prospects for winning the TIGER III funding appear much brighter following the defeat of Issue 48. The Charter amendment would have banned the City from making any investments in rail transportation for the next decade, and many feared would have been the proverbial nail in the coffin for the Cincinnati Streetcar. Instead, Issue 48 was defeated and a super-majority of streetcar supporters was elected to City Council.

“Should the city win this federal grant, the Cincinnati Streetcar will not only benefit the thousands of residents, and tens of thousands of workers on its current route, but also connect the approximately 40,000 students at UC with the growing number of entertainment destinations along the riverfront,” explained Brad Thomas, Founder, CincyStreetcar Blog.

The City of Cincinnati was unsuccessful with two previous TIGER applications in 2009 and 2010. TIGER III grant winners are expected to be announced by the end of 2011.

Categories
Business Development News Politics Transportation

Cincinnati defeats Issue 48 and votes a younger, more progressive city council into office

For the second time in three years rail transit advocates scored a major political victory in November. This year’s victory came in the form of the 51.5% to 48.5% defeat of Issue 48 which would have banned all investments in rail transportation for the next decade.

The defeat of Issue 48 coincided with the overhaul of Cincinnati’s city council. The new council includes a 7-2 majority in favor of the Cincinnati Streetcar (previously 4-4-1), and an 8-1 progressive voting block after four Republicans were not reelected. Also striking with new council is that the three brand new members are all Democrats and all 32-years-old or younger.

Still, the news of the day was the repeated defeat of a measure intended on stopping Cincinnati from building a modern streetcar line and planning a comprehensive regional light rail system. Construction of the Midwest’s first modern streetcar system is now scheduled to commence in the coming months.

UrbanCincy will provide more in-depth updates on the 2011 election results in the coming days, but for now enjoy this exclusive footage from the Cincinnati Streetcar celebration at Arnold’s Bar & Grill last night.

Categories
Business Development News Opinion Politics Transportation

Vote in support of Cincinnati’s urban core today

Today Cincinnati voters will approve or defeat the most far-reaching public transportation ballot issue to confront any American city in recent times. The passage of Issue 48 would not just kill Cincinnati’s modern streetcar project, which has been in planning since 2007 and fully funded by 2010, but will ban all planning and construction of rail transit and passenger rail projects within the City of Cincinnati’s municipal boundaries until 2020.

Issue 48’s author, Anderson Township resident Chris Finney, has been abusing Cincinnati’s charter amendment process since the early 1990’s. He is the man who concocted 1993’s Article XII, the anti-LGBT charter amendment that attracted waves of bad publicity and cost Cincinnati an estimated $25 million in convention business until it was overturned in 2004.

In 2009 Finney’s political action committee, Citizens Opposed to Additional Spending and Taxes (COAST), partnered with the Cincinnati branch of the NAACP, then headed by ex-city councilman Chris Smitherman, to place an anti-transit charter amendment on the ballot. The broad language of Issue 9, as it became known, would have mandated a public vote on Cincinnati’s modern streetcar project as well as any other passenger rail investment, such as Ohio’s 3C Corridor proposal, within the City of Cincinnati.

Issue 9 was soundly defeated, all necessary capital funds were identified for the Cincinnati Streetcar in 2010, and groundbreaking was expected in 2011. Bolstered by the election of John Kasich (R) as Ohio’s governor in November 2010, and his controversial reallocation of $50 million in state funds this past spring, COAST regrouped with the NAACP to place another anti-transit issue on the November 2011 ballot.

The implications of Issue 48 are even more far-reaching, as the charter amendment will undo all of the planning work that has been completed for the Cincinnati Streetcar, force the city to forfeit the $25 million Urban Circulator Grant it was awarded in 2010, and cripple the city’s ability to improve its public transportation for the rest of the decade.

UrbanCincy would like to encourage you to go out and vote today. Issue 48 is one of many significant issues on this year’s ballot. You will not see our endorsements for any other issue other than public transportation this year, so please be sure to go out and vote your values. And please be sure to vote no on Issue 48.

Also, when you visit your polling place today, remember that these city council candidates support the Cincinnati’s modern streetcar project: Wendell Young (D), Kevin Flynn (C), Chris Seelbach (D), Yvette Simpson (D), Chris Bortz (R), Laure Quinlivan (D), Cecil Thomas (D), Roxanne Qualls (C), Nicholas Hollan (D), Jason Riveiro (D), Kathy Atkinson (I). A full list of individuals and organizations who oppose Issue 48 has been provided by Cincinnatians For Progress.