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Development News

Model Group Moving Forward With $30M Second Phase of Broadway Square

Despite missing out on millions of dollars in state historic tax credits, Model Group is moving on undeterred with the next phase of work at Broadway Square.

Project officials say that the $30 million Broadway 3, which is actually phase two, should get started within the next week and will include 30 residential apartments and 1,200 square feet of commercial space.

“It’s a pretty sterile scoring system, so it’s pretty fair and to the point,” Bobby Maly, Chief Operating Officer at Model Group, told me when asked about missing out on the tax credits.

Undeterred, Maly then quickly changed to a more positive note and spoke about how Model Group is excited about the changes on tap for nearby Ziegler Park.

“Anytime you can create high quality green space that is safe and programmed is terrific,” Maly said. “Even the planned parking can be helpful for a high density neighborhood like Pendleton.”

One of the big differences about Broadway Square from the other developments taking place in Over-the-Rhine is that it has a different and unique setting. As many longtime residents know, Pendleton is less a district, and more of a pocket neighborhood.

To that end, he says that Model Group’s Broadway Square project is trying to not recreate what is happening on Vine or Main, but rather create a nexus that has a high concentration of professionals and niche businesses in a “high energy” environment.

So far the first phase of Broadway Square has lived up to that motto by attracting a collection of small, creative businesses, along with Urbana Cafe’s first brick-and-mortar location and the recently opened Nation Kitchen & Bar. While this next phase of work will have considerably less commercial space, Maly says that they have their eyes set on a small brewery for the corner of Thirteenth and Broadway Streets.

With apartments in Downtown and Over-the-Rhine at nearly 100% occupancy, and the first phase of Broadway Square fully leased within months with new marketing, the climate seems even better for the 30 new units this investment will bring online.

“There’s so much demand for Downtown and Over-the-Rhine right now that Cincinnati is still catching up with demand in that regard,” said Maly. “This is still more the beginning, than the middle or end.”

With work expected to get started soon on phase two, project officials say that the third and final phase could break ground as soon as January.

Categories
Business News Transportation

Red Bike, CityLink Agree to Partnership to Offer Low-Cost Memberships

CityLink Red Bike Station [Travis Estell]

Red Bike and CityLink Center will announce a new partnership tomorrow to make bike share more affordable for low-income individuals.

Under the agreement, annual Red Bike memberships would be sold to CityLink for $20, which typically sell for $80. Those passes will then be offered to CityLink members for just $5.

Jason Barron, Executive Director of Red Bike, says that the program will start with 20 members who will receive bike safety classes from Riding Forward, and learn how to use the Red Bike system along with its website and data tracking.

“We really believe in what CityLink is doing, and we think Red Bike is a great option for those folks as they’re looking to get to job interviews, training and work,” Barron told UrbanCincy. “Hopefully this will help CityLink and their members be even more successful.”

The move comes at a time when bike share systems are growing rapidly around North America, but continue to struggle with equity issues. In Chicago, the Divvy bike share system has recently announced a similar partnership and will even have a few days where the entire system is free.

Beyond just the membership fee, bike share systems around the country have also been criticized of avoiding lower income neighborhoods. This is something that Barron said they tried to address in their latest expansion.

In that effort, Red Bike added 17 new stations, including one on Bank Street in front of CityLink. He says that this station was funded through a grant that was applied for by Interact for Health, which is a system sponsor of RedBike, and CityLink.

While the initial pilot program will start with just 20 members, Barron is hopeful that it can be expanded to new groups of members at CityLink on a regular, perhaps quarterly, basis. From there he says that the model could be expanded even further to other organizations throughout the region.

“Our hope is that the CityLink Station and partnership with Red Bike could serve as a catalyst for creating a model to cultivate new physical activity habits and overcome transportation barriers for our clients,” explained Johmark Oudersluys, Executive Director of CityLink. “This program promotes the spirit of health equity when health disparities are at record highs right here in our own city.”

It is this hope and spirit that also made Red Bike want to enter into the agreement, even though that meant the non-profit bike share organization had to eat the cost difference.

“We have always wanted to do this,” Barron said. “We’re really excited to roll out this partnership with CityLink, and believe it could be rolled out to other organizations around town if it proves to be successful.”

The official announcement will come tomorrow outside of CityLink at 3:30pm. Meanwhile, the one-year anniversary of Red Bike’s operations is coming, along with a full release of the organizations fiscal health and operational performance.

Categories
Business Development News

Garfield Suites Hotel To Be Converted Into 153-Unit Apartment Tower

Garfield Suites HotelLate on Friday afternoon the owner of Garfield Suites Hotel announced that the 34-year-old building would be converted back into apartments over the next year.

The news is tremendously positive for the center city’s residential and hospitality markets, both of which are experiencing their own transformations.

The 153-room hotel is one of the more dated in the marketplace, and it is facing increasing competition from new hotel operators at all price points. Such movements are forcing the hands of existing hotel owners to either make big investments to upgrade their facilities, close down or change uses. Removing these rooms from the inventory will make the market stronger for those other operators.

At the same time, there is virtually no apartment availability in the 45202 zip code, which covers Downtown, Over-the-Rhine and Pendleton. The location of this 16-floor tower is ideally situated for new residents looking to be in the heart of both thriving districts, and will almost certainly lease up in a matter of months.

Aside from the purely business aspects, this is also good for the vibrancy of the central business district. While there have been many new residential developments in Over-the-Rhine and at The Banks, it has been more difficult to inject large numbers of new apartments or condos into areas like this due to its existing buildout.

This particular location is one that is rich with jobs, but still struggling to reach a critical mass of residents that will support full-time service retail functions. Adding a couple hundred residents to the mix will go a long way to supporting that goal.

The interesting item about this project is that it is the building’s location that motivated its owners to convert it from apartments into a hotel 25 years ago.

At that time, the proximity to Over-the-Rhine was seen as a detriment and Downtown was not the place we know today. Those dramatic changes that have taken place in both neighborhoods over the past decade are now what is motivating the current owner to switch operations again.

This is a great example of urban resiliency.

The total cost of the renovation has not yet been determined, but owners intend to begin work in early 2016. They say that the plan will be to gradually make renovations so that the hotel can continue to operate as the units are gradually converted.

The owners also told Tom Demeropolis, who broke the story for the Business Courier, that they are also hoping to lease the 10,000 square feet of existing street-level retail space that sit vacant along Vine Street.

Categories
Business Development News

New Corryville Store Design Reveals That Kroger Continues to Struggle With Urban Format

Corryville Kroger Elevations from CR Architects in 2008 [Niehoff Studio]

Located next to the University of Cincinnati and surrounded by some of the region’s largest employers, University Plaza has long sat as one of the most underutilized pieces of commercial real estate in the city.

With demolition work well underway, a new University Plaza will soon be realized, but will it be any better than what was has occupied the site since the early 1980s?

The public got the first idea of what that answer will be when the Business Courier published designs of what the new 92,000-square-foot Corryville Kroger will look like.

While no site plan has been released, the drawings show a two-level store that will face west toward Jefferson Avenue. The front façade will include numerous windows, while the other three sides would not. A drive-thru pharmacy will be located along Corry Street, and a surface parking lot will sit in front of the building, separating it from the street.

The front façade treatments and two-level store design are departures from Kroger’s previous urban store designs elsewhere in Cincinnati. The large surface parking lot, however, stays true to their typical development model and represents a departure from the earlier visions for the site that included a rooftop or structured parking facility.

In fact, the final arrangement for the redeveloped University Plaza site will most likely appear nothing like the original concepts first produced a decade ago. Over that time, dozens of concept plans have been developed for the site from the Niehoff Studio and three different professional design firms.

The Niehoff Studio has actually be researching the topic of urban grocery stores since 2002, and has published its findings on everything from the economic performance to the social impact and design of such stores.

“I applaud the initiative and risk taking involved to make this a two story format,” said Frank Russell, Director of the Niehoff Studio and Community Design Center. “This is a sensible solution to putting a sprawling large scale program on a valuable site in a dense urban setting. It relates better to the surrounding context which is multi-story, but it is very difficult to do from a functionality point of view.”

While the two-story structure is in line with the original recommendations, Russell says that the large surface parking lot is not ideal.

“That undoes some of the progressive intent of the two-story building design, especially at the important gateway corner of Jefferson and Taft,” Russell told UrbanCincy. “The best thing that I could say about that is that it is a land-bank for future structured parking and mixed-use development, notwithstanding a landscaped corner.”

While notably different than the original design concepts developed in the early aughts, the designs released yesterday appear to have not changed much from what was developed by CR Architects in 2008.

Kroger representatives say that the store will also feature an outdoor seating area, similar to what the company recently developed in Lexington. They also say that while the store will have two levels, customers will not actually use the second floor since it will be used for food preparation functions only.

Project officials say that the current store will close on September 12 so that it can be demolished. It is estimated that construction of the new store will take 12 to 14 months and open at the end of 2016.

Categories
News Transportation

VIDEO: The Easy and Inexpensive Way For Cincinnati To Make Its Streets Safer

Anyone who rides a bicycle to work, either their own or on a Cincy Red Bike, knows all to well the commute mostly involves sharing the road with automobiles. With the current city administration focusing more on creating recreational trails for bicycle hobbyists, cyclists who bike as a form of transportation can only daydream about better on-street bicycle infrastructure.

That daydream could come closer to reality with the release of a new animation from planner and author Jeff Speck.

An accomplished author of books such as Walkable City and Suburban Nation, Speck describes four simple street reconfiguration options that would better accommodate all modes of transportation without adding to the roadway’s width. In order to accomplish that, the techniques include narrowing lanes, adding striped or buffered bike lanes.

Planners and engineers have found that such changes have a minimal impact on the flow of vehicular traffic, by adding only seconds onto commute times.

The street in the video is 38 to 40 feet in width, which is just about the average width of many streets throughout Cincinnati. In fact, UrbanCincy proposed a similar reconfiguration of Elm Street through the Central Business District in 2013. Such transformations have been noted to positively impact safety.

“Such a change on Prospect Park West in Brooklyn reduced speeding by 77% and reduced injury crashes by 63%, while having no impact on car volume or travel times,” Speck noted in the video.

When Randy Simes first wrote about the Elm Street reconfiguration, he explained that it would also serve as a critical connection point between the protected bike lane on Central Parkway and the Ohio River Trail. While Elm Street is a particularly obvious choice, other streets throughout the city could and should get some of the same treatment.

One another prominent example is Liberty Street, which Cincinnati’s Department of Transportation & Engineering has been looking at for years as a potential road diet candidate. Originally designed for much higher traffic volumes that were never realized, Liberty Street’s 70-foot width now functions more as a safety issue for people walking or biking, and as a barrier between the northern and southern portions of Over-the-Rhine.

Those plans for Liberty Street were originally envisioned by the Over-the-Rhine Brewery District, which then convinced City Hall to perform some planning work. At this time, however, the project does not appear to be moving forward.

Speck’s video makes it easy to see that for the cost of paint it would be relatively easy to install a more comprehensive bike network on streets throughout the city. Such changes would improve safety, increase the number of people riding bikes, which probably means more Red Bike usage, all while slowing down traffic just a tiny bit. Besides, even automobile drivers may appreciate not needing to directly interact with so many bicycles on the street.