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Business Development News Politics

Owners of Historic Dennison Hotel Ask City Hall for Demolition Permission

Dennison Hotel [Travis Estell]

Information obtained by UrbanCincy through a public records request shows that Columbia REI, LLC has enlisted the legal assistance of Francis Barrett and Timothy Burke to get Historic Conservation Board approval for the demolition of the historic Dennison Hotel.

Built in 1890, the Dennison Hotel is located within the Main Street Historic District and has sat vacant for several years. In the past, the eight-story brick structure had served as a single-occupancy room hotel in what was at that time a seedy part of the central business district.

Over the past several months historic preservationists have been organizing themselves in an effort to track the status of this historic structure as rumors have swirled that the owners were interested in demolition.

The timing becomes all the more urgent with, according to documents filed with City Hall, the owners losing hundreds of thousands of dollars on the property each year, and with the Cincinnati Streetcar, which runs right in front of the property, poised to begin operation in the coming months.

In its application to City Hall, Columbia REI, LLC, which purchased the land from Columbia Oldsmobile Company in January, says that the real estate transaction is part of a larger effort to assemble and “protect” adjoining real estate that is being prepared for a “major redevelopment” that would be in line with the numerous other large-scale development projects taking place nearby.

As part of the demolition request, the owners were required to provide renovation cost estimates, along with the potential economic feasibility of legally permissible or likely uses. The report, completed by Beck Consulting in late February, provides evidence as to why a residential, office or hotel conversion would be challenging, but does not account or consider the possibility of any historic tax credits from the State of Ohio, or other incentives from the City of Cincinnati.

According to Beck Consulting’s report, supplemented by renovation cost estimates from HGC Construction, it would cost approximately $10.5 million to renovate the historic structure into a 60-room hotel with a street-level lobby and restaurant space, $7.9 million to turn it into a 52-unit apartment building, $8.7 million for a 35-unit condominium building, or $5 million to turn it into a 39,000-square-foot office building.

Over recent years, the State of Ohio has awarded tens of millions of dollars in tax credits to historic preservation projects such as this. Given the large-scale and potential economic impact of renovating the Dennison Hotel, it would seem likely that it would be well-positioned for such financial benefits.

According to the meeting schedule for Cincinnati’s Historic Conservation Board, the application should come up for a hearing on Monday, April 18. All meetings take place at 3pm in the Public Hearing Room on the fifth floor of Two Centennial Plaza at 805 Central Avenue.

EDITORIAL NOTE: An earlier version of this story incorrectly stated that the Historic Conservation Board would hear this item at their April 4 meeting. Due to the application being submitted on February 23, this item will actually be on the Historic Conservation Board’s April 18 meeting agenda.

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Development News

PHOTOS: 16 Panorama Showing Over-the-Rhine’s Evolution

Cincinnati's Music Hall will close in May 2016 to undergo a $129 million renovation.

As the winter comes to an end, work has begun or will soon begin on a number of new developments around Over-the-Rhine. Today, we’re sharing 16 panoramas, taken over the past month, that show how the neighborhood is evolving. You can click on each of the images to view them full-screen and read the full description about each project.

Editor’s note: These photos were taken by Travis Estell for UrbanCincy between February 11 and March 8, 2016.

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Arts & Entertainment News

VIDEO: Erwin Redl’s ‘Cincinnati Swing’ Installation Brings CAC’s Lobby To Life

The Contemporary Arts Center undertook a $1.1 million lobby renovation last year. Since reopening, the dramatic lobby space, originally designed by internationally acclaimed Zaha Hadid, has added the wonderful Collective Espresso as a cafe operator, and now also includes a kinetic light display along its famed seven-story “Urban Carpet” wall.

The installation, entitled Cincinnati Swing, was designed by Erwin Redl and includes 160 pendulums distributed in a diamond grid pattern following the 4×4′ grid of the concrete panels. The installation is complemented nicely by Matt Kotlarczyk’s cloud-like chandeliers. In combination with one another, they provide a truly unique lighting scheme for the lobby space, which also features the CAC’s museum shop.

While the following four-and-a-half-minute video gives a nice preview of the light exhibit, it is highly recommended to check it out in person. Fortunately, in addition to the lobby space always being free, the CAC in its entirety is now also free thanks to the Johnson Foundation and a collection of 50 young professionals.

Open from 7am to 6pm during the week, and 9am to 3pm on Saturday and Sunday, the lobby of the CAC is free and open to the public. Of course, it does cost money to purchase food and drink from Collective Espresso, along with items from the museum store.

The CAC is easily accessible from virtually every Metro bus via the Government Square Transit Center a block away, and is also within several blocks of numerous Red Bike stations.

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Business News Transportation

Bikes ORO’s Millennial Founder Looking to Bring One-for-One Business Model to Bikes

A Cincinnati native hosted an Indiegogo, a website similar to Kickstarter, launch party this past Thursday at Rhinegeist Brewery for a company called Bikes of Reckless Optimism (Bikes ORO).

While the main objective of the company is to foster healthier and more eco-friendly lifestyles for everyone, Chelsea Koglmeier, the company’s founder, also hopes to create easier transportation for children in developing countries.

Koglmeier, a former employee at the Over-the-Rhine-based tech start-up Roadtrippers, said that she took a trip to Kampala, Uganda about a year ago and realized that most of the children in refugee camps there had to walk 8 to 10 kilometers (5 to 6 miles) just to get to school every day.

“Sending a seven-year-old out to do that twice in a day is a lot, and having access to a bicycle makes it a lot more reasonable for their families to let their kids go,” Koglmeier said.

In a business model akin to Toms Shoes, Bikes ORO benefits people in need around the world by using the revenues from bikes sold to help provide bikes to those individuals.

With the help of Perth-based design firm Flying Machine, each bike has its own unique design, with manufacturing taking place in Tianjin, China where two prototypes for the bikes have features like Gates Belt Drives instead of chains, three speeds, and an internally geared hub.

Koglmeier says the purpose of what she calls a “lifestyle business” is not to make lots of money or have a massive impact on those in developing countries. Rather, she hopes that by getting more people on bikes, instead of in cars, will help create better communities.

“I’m much more likely to waive at someone on the street than I am to waive at them when I’m in a car,” Koglmeier explained to UrbanCincy. “That means a lot for cities, and I think Over-the-Rhine is a great example of it. It’s powerful.”

After launching the crowdfunding campaign a week ago, Bikes ORO has already raised more than $20,000, with a goal of raising a total of $45,000 by the end of March. Helping the fundraising effort is the fact that the company has already produced several bikes that people can see and test.

“Because she has an actual, physical product, it’s not like people are giving money to invest in a company that will at some point do something,” said Tatiana Parent, a friend and colleague of Koglmeier. “Some of that money is people actually buying bikes, so it makes it a bit different than a typical Indiegogo campaign.”

At the Rhinegeist event, aptly named Bikes and Brews, people were donating money and took a look at some of the bikes.

“It’s great to see Chelsea with a big turn-out like this,” said Mike Morgan, from Covington. “She seems to have a pretty spiffy product and I kind of wish that they were already selling the bikes because I need a new commuter.”

The company launch has already grown beyond the Cincinnati market, with four other parties in three other cities pending.

The growth is something that is telling of both Bikes ORO’s product, but also the founder’s vision for healthier and more engaged communities.

“It encourages us to think about our world and how we’re taking care of it,” Koglmeier concluded. “It also, especially in city situations, creates this sort of community that you don’t get otherwise.”

Those interested in contributing to the campaign can do so by making a pledge through Bikes ORO’s Indiegogo campaign page.

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Business News Politics

Despite Progress, Cincinnati Not Viewed for Policy Leadership Across America

Cincinnati [Randy A. Simes]

After surveying 89 mayors from around the United States, Boston University’s Initiative on Cities found that the chief concern amongst those surveyed was an increasing worry about maintaining and funding new infrastructure.

The analysis surveyed mayors from cities of varying sizes, including Cincinnati, and attempted to find the most pressing issues facing American cities.

With roads, mass transportation, and stormwater and wastewater management were the biggest concerns, the mayors specifically alluded to their historic reliance on the federal government as a partner in tackling these big-ticket issues. But more and more mayors around America have lost faith in both federal and state leaders in being reliable partners on large infrastructure projects.

In fact, a recent report authored by Aaron Renn at the Manhattan Institute looks at the issue many cities are facing when it comes to fixing combined sewer overflow problems. In the past, these infrastructure fixes were largely funded by the federal government, but have since become unfunded federal mandates that have led to enormous rate increases across the country, particularly in older cities.

Not all of the infrastructure issues were big ticket items. One such example was the support for bicycle infrastructure. Increasingly popular among America’s mayors, some 70% of those surveyed expressed their support for bike-friendly initiatives.

“Everyone understands that if you want to attract Millennials, you have to have biking infrastructure,” noted one of the surveyed mayors, who are allowed to remain anonymous, in the report. “And if you have bike infrastructure, you are going to upset people.”

Aside from infrastructure, major national news stories from 2015 seemed to factor into other concerns expressed throughout the country.

Those surveyed shared overwhelming support for reforms in policing, regardless of political party. Workforce development programs, initiatives to control rising housing costs, and policies focused on addressing poverty and inequality were all major issues of concern.

While housing prices were an area of major concern for those surveyed, there are large differences in opinion on how to tackle the issue. Some mayors expressed a willingness to emphasize affordable housing mandates even if it stymies development, while mayors of less prosperous cities were less likely to focus on affordable housing.

An area of potential concern for Cincinnati is that while it has gained national attention in recent years for its positive gains, many other mayors from around the country are not looking to the Queen City for policy guidance. Of those surveyed, Cincinnati was mentioned by less than 5% of them as a place they have looked at for inspiration.