Tag: 3CDC

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Business News

Small Businesses Have Been Biting the Dust Early in 2014

Small Business ClosuresA staggering number of small businesses in Greater Cincinnati have resolved to shut their doors at the start of 2014. Already more than a dozen establishments have been effected since late last year in a downturn that has not been as drastic since 2008.

Cord Camera was the first to announce it would close. Once prosperous with over 30 stores in Ohio and Indiana, its remaining eight retailers struggled to meet expectations during the holiday shopping season. Chief Financial Officer, John Crotty, said the company’s demise was due to the increasing popularity of digital photography with smartphones and less demand for printing pictures.

The next was the shocking departure of It’s Just Crepes, with a vague note on their website that read “Thanks for a great five years!” The eatery had expanded to three locations, two downtown and another in Crescent Springs, and appeared to be constantly bustling during lunchtime. Both of the restaurant’s Facebook and Twitter accounts were shut down without notice, and the owners have not been able to be reached for comment.

Decorative retailer, Joseph Williams Home, began sounding the alarm in the fourth quarter, discounting items up to 60% off through the end of December. Owner Fred Arrowood explained that his five year lease was ending for his space at the corner of Thirteenth and Vine Street in Over-the-Rhine. Upon renegotiating, he was unable to come to an agreement for another five-year lease with the Cincinnati Center City Development Corporation (3CDC), who wanted to increase rent despite the store’s marginal sales.

“3CDC has become focused on restaurants and bars rather than retail and meeting the needs of residents,” said Arrowood. In an interview with the Cincinnati Business Courier, Anastatia Mileham, Vice President of Communications for 3CDC, attributed the increase in rent to high demand for prime real estate in Over-the-Rhine, like Arrowood’s corner store location.

Further complicating the matter locally was a combination of aging owners and slow sales, such as was the case with Chez Nora in Covington. Just shy of its 20th Anniversary, the three-floor restaurant and jazz bar never recovered from the economic decline and lost too many customers to competition across the river.

“We got culinarily passed by,” said owner Jimmy Gillece of the new eateries that developed as part of The Banks and revitalization of Over-the-Rhine.

Down the street, Behle Street Café succumbed to a similar fate. After 19 years in operation, the loss of two major companies in Covington and new competition at The Banks and in Over-the-Rhine, prompted owner Shawn Thomas to close the restaurant. “We just couldn’t keep up. Although great for Cincinnati, it’s not so good for Covington,” he stated in a release.

The litany of other lost businesses continues to grow, including: Enzo’s (Over-the-Rhine), Bayou Fish House (Newport), Spare Time Grill (Alexandria), Take The Cake (Northside), Fabulous Finds For Less (Bellevue), Mayberry (Over-the-Rhine), Smartfish Studio (Over-the-Rhine), and Past & Presents (Bellevue).

Not all the news is grim, however, as many of these locations have either already been filled by another local business, or will be soon.

Five years is traditionally the make or break point for small businesses – businesses that exist to generate a customer. It will be increasingly important going forward that entrepreneurs are creating shops that meet the demand of a community and allow for the businesses to be sustainable.

But as businesses continue to reach the end of their tenure and evaluate progress, consumers should brace themselves for the trend of closings to continue.

Next up on the chopping block will be vintage clothing shop Atomic Number Ten, which closes its doors on Saturday, January 18. Located at Thirteenth and Main Street in Over-the-Rhine, owner Katie Garber simply stated that it was time to move on to bigger and better things. “We really hope you can make it in to say goodbye,” Garber wrote to her customers in a blog post. “It’s been a great ride!”

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Business Development News

$7.8M Renovation of Historic Pabst Bedding Warehouse to Start This March

The Cincinnati Center City Development Corporation (3CDC) plans to begin a $7.8 million renovation project at the northwest corner of Twelfth and Walnut Streets this March.

The project received a critical boost in late December when the Ohio Development Services Agency (ODSA) awarded a $778,000 Historic Preservation Tax Credit to 3CDC.

Officials with ODSA say that the project received the tax credits because it was financed, showed a good return on investment, represents a building of significance to the neighborhood, and is ready to move forward immediately.

“The project was funded because it scored well within our criteria,” explained Stephanie Gostomski, Public Information Officer with ODSA. “Also, this is one of the newer structures that contributes to the significance of the Over-the-Rhine Historic District and will retain its warehouse and industrial character upon conclusion of the project.”

Due to the building’s relatively good condition, 3CDC officials say that they expect construction work to take several months and hope to move into what will become the development corporation’s new headquarters this summer. Once complete, 3CDC will occupy 12,000 square feet of the building’s office space, while another tenant will use the remaining 6,000 square feet of office space.

As 3CDC’s success in Over-the-Rhine has mounted, its staff has grown along with it – now with 50 full-time employees and 43 seasonal workers. But 3CDC officials say they are not the only ones placing a premium on office space in the city’s largest historic district.

“There is a lot of demand for larger floor plates with more square footage, and there are plenty of smaller office users,” explained Anastasia Mileham, Vice President of Communications at 3CDC. To that end, Mileham says that the final product will include open floor plans and will reopen the large windows on the building’s north façade.

As part of the move 3CDC will be vacating their existing office space on Race Street near Washington Park. Due to the strong demand for office space, Mileham did not express concern over filling that space and informed UrbanCincy that they are currently finalizing a lease for a new tenant.

In addition to the 18,000 square feet of office space, the prominent warehouse building will also include 9,000 square feet of street-level retail space

The building is one of the largest single structures in Over-the-Rhine south of Liberty Street and was originally a warehouse for Pabst Bedding. The structure then had been used by Society National Bank and later Fifth Third Bank before it was abandoned in the early 2000s.

According to Hamilton County property records, the Art Academy of Cincinnati then purchased the building in 2007 for $450,000 when it relocated its school to Over-the-Rhine, but never utilized the space. The 84-year-old structure was finally sold to 3CDC in September 2013 for $550,000.

The renovation of the Pabst Bedding Warehouse building joins an increasing amount of historic building renovation work along Walnut Street including a frenzy of work for Mercer Commons just to the north, and the renovation of a storefront diagonally across the street to make way for a new beer café called HalfCut.

“The Ohio Historic Preservation Tax Credit strengthens local communities by restoring a piece of its history,” David Goodman, director of the Ohio Development Services Agency, stated in a prepared release. “These projects help enrich cities across Ohio, preserving the character and charm of buildings that may have otherwise been demolished.”

Photographs by Randy Simes for UrbanCincy.

Categories
Business Development News

EXCLUSIVE: 3CDC Commits to Shared Parking Plan for Over-the-Rhine

Just four days after publishing an exclusive story which uncovered that the amount of parking provided at the Mercer Commons development exceeded city mandates and added approximately $4.25 million to the project cost, officials from the Cincinnati Center City Development Corporation (3CDC) contacted UrbanCincy to offer more information surrounding the Mercer Commons Garage.

Many commentors on our previous story defended 3CDC and claimed that such parking provisions at the Mercer Commons Garage would allow for less parking at future developments. Adam Gelter, 3CDC’s Vice President of Development, echoed these thoughts and stated that future developments would in fact utilize the parking garage, although only some of those projects have been financed, and even fewer approved for zoning variances by the City of Cincinnati.


Work at the Mercer Commons construction site in August 2012. Photograph by Travis Estell for UrbanCincy.

In particular, Gelter, stated that the 359-space Mercer Commons Garage allows for one parking space at every unit within that development, but that those living at Mercer Commons would not be required to purchase a space. This, 3CDC asserts, will allow for the parking garage to be utilized more efficiently.

The debate becomes even more nuanced when the status of Over-the-Rhine’s historic district designation and ongoing comeback as a desirable neighborhood are taken into account.

“In a place like OTR, which is coming back strong but still has a long way to go, I think we want the neighborhood to be as welcoming as possible to visitors and to satisfy any concerns they may have about safety,” responded Kaid Benfield, director of Sustainable Communities for the Natural Resources Defense Council (NRDC). “The key for a historic district, I think, is to keep the parking from occupying so much space that it interferes with the historic character of the neighborhood.”

In addition to the Mercer Commons development, 3CDC officials say that they are planning a 30- to 40-unit residential development at the parking lot where Smitty’s once stood. Furthermore, 3CDC expects the office tenant at the Paint Building to require 25 spaces, another 15 to 20 spaces at the former Boss Cox building, and potentially 50 spaces for office users at Cintrifuse. Furthermore, project officials say surrounding restaurants could use additional parking for their customers.

“Of the seven upcoming developments, only one has its own parking, and the rest have spaces assigned at either the Mercer Garage or Washington Park Garage,” Gelter explained. “We give condo owners a right to buy a monthly space, and we refuse to assign spaces so that we can turn the spaces as much as possible.”

To that end, Gelter explained that only six parking spaces at the Fountain Square Garage are reserved at any given time for its 250 monthly pass holders.


Rendering of the $53.5 million Mercer Commons development in historic Over-the-Rhine. Image provided.

The goal would be to reduce the number of surface parking lots needed to serve new developments throughout historic Over-the-Rhine, but 3CDC officials say that what has already been put in place will probably be difficult to undo.

“We would love to get rid of and develop the Twelfth and Vine parking lot, and we would like to stop building surface parking lots to the extent that is possible,” Gelter told UrbanCincy. “However, parking lots for condo buildings only are going to be very difficult to get rid of, so we don’t want to do that anymore.”

Gelter went on to say that one potential option would be to keep the Gateway Garage open to the public. Just over one year ago Kroger purchased the 950-space parking garage from the City of Cincinnati for $4.5 million, and currently experiences low usage rates outside of workday hours.

When it comes down to it, however, it appears as though the status quo for providing parking within the urban core will continue regardless of what policies come out of City Hall.

“Some of our upcoming developments have been approved for no on-site parking, and some have not,” Gelter conceded. “The goal would be to build structured parking to minimize the extent we need to use surface and street parking, but we have to take it on a case-by-case, and block-by-block basis.”

The first phase of construction at Mercer Commons is currently underway, and is expected to be complete by March 2013. Two additional phases of work are planned to follow.

Categories
Development News

Washington Park continues construction

The 47.3 million dollar renovation currently undergoing Washington Park is progressing at a fantastic clip. Though all the general public normally sees is a green construction fence, make no mistake: improvements are happening, and it is already amazing to see what 3CDC has accomplished since closing the park last year.

UrbanCincy had the opportunity to join a private tour of the park with the ArchNATI 2011 week. The updated park includes classic elements of the original greenspace that opened in 1855 – the bandstand is being restored, the original monuments are still intact, and a majority of the old trees stand tall – two of which will be highlighted and decorated in the winter months instead of bringing in a new tree a la Fountain Square.

There are several green features incorporated into the park. “We (3CDC and the Parks Department) wanted to be cutting edge with our sustainable elements of the space,” said Jeff Martin, project manager and the tour guide for the event. “These features will save us money over time, and help the city as well.” Located in four locations of the park are “dry wells” – storage containers for excess rain water that will keep two million gallons of storm runoff out of the MSD system. The public restrooms are spacious and incorporate natural lighting with solar tubes – circular skylights that go through the roof and use reflective metal to bring sunlight into the space. All the new buildings in the park will have green roofs.

The garage at Washington Park has been designed with light and safety in mind.

The 450-space parking garage has been designed with light and safety in mind. The three exits from the garage serve as light wells into the space, and are built twice as wide as normal stairwell allowances, encased in storefront glass to bring as much sunlight into the two level garage as possible. The bays of the structure inside are designed so that cars park at the level with the supporting columns, not next to them (like the Newport Levy garage) which creates better views for drivers and passengers getting out of their cars.

New features of the park are progressing as well. The playground area has been designed specifically for the park, with play towers representing the water tower in Eden Park, and taking other cues from the historical architecture of the city. The dog park on the western end of the space incorporates special “pup-pea” gravel that will allow pups to do their business and keep the space looking and smelling fresh – there is also a small trough that runs through, allowing dogs to play and drink potable water.

The football-field sized green space will soon have specialized sod laid down. The grass initially incorporates a synthetic structure in order for the root system to grow strong and remain springy for the public to run and play. It is the same system that the Cincinnati Reds use in their outfield, according to Martin.

“It’s great to see how much detail and attention was paid to the material selection,” said John Back, local designer and co-chair of the Young Architects and Interns branch of the Cincinnati American Institute of Architects, who assembled the ArchiNATI week and subsequent tour. “When [Washington Park] is finished, it’s going to be an incredible asset to the entire community. I can’t wait.”

Check out the rest of the pictures below, and for more construction updates, you can follow the progress on the 3CDC website.

Washington Park pictures by Jenny Kessler for UrbanCincy.

Categories
Development News Opinion

Mercer Commons: A history of 1314 Vine

1300 block of Vine, photo by Chris Cousins

Seth Schott writes and runs OTR Matters, a blog centered on the historic Over-the-Rhine neighborhood in Cincinnati. For more OTR-centric musings, check out the Over-the-Rhine blog, as well as OTR Matters on Facebook and Twitter.

Yesterday, OTR-resident and blogger CityKin wrote a post about 1314 Vine Street titled “Does this building stay or go“. The thoughts and its comments are an informative read and a good introduction to the subject of this post.

1314 Vine Street; photo credit: CityKin

The current Mercer Commons plan

The time is now to discuss the fate of 1314 Vine Street and the current design of the planned Mercer Commons development by the public-private Cincinnati Center City Development Corporation (3CDC) in the Gateway Quarter.

Mercer Commons is a planned development of new construction urban infill and historic restorations in the area surrounding Mercer Street in Over-the-Rhine. The development is bounded by Vine Street to the west, Walnut Street to the east, 14th Street to the north and the northern half of the 1300 blocks of Vine and Walnut Streets. It is an exciting opportunity to turn another corner (excuse the cliché) in OTR’s revitalization.

Footprint of Mercer Commons showing position of 1314 Vine Street in yellow box

In the footprint rendering above, one can see the position of 1314 Vine Street highlighted by the yellow square. If you look closely, you can see the driveway entrance to the parking garage (gray boxes in the middle of that block) lines up directly with 1314 Vine Street.

Other renderings (perhaps older or newer?) shows the following:

Mercer Commons looking east with Vine Street in foreground. Fate of 1314 Vine Street unknown.

It appears that 3CDC is not planning to save 1314 Vine Street, despite that the building has a historic facade and unique and beautiful stone cornice.

The History of 1314 Vine Street

According to the Hamilton County Auditor’s website, 1314 Vine St. was built in 1880 though the date is probably a best guess. The property was transferred from Cincinnati Public Schools to OTR Holdings Inc, a subsidiary of 3CDC, on August 11, 2008. It is a two story structure with what appears to be a cast iron storefront and a beautiful cornice. The original brick exterior has been covered in Dryvit or stucco and painted an odious shade of mauve, which apparently manifested itself during the structures days as a dance club in the recent past. The current configuration of front windows is not original as will be explained later with an examination of the 1904 Sanborn insurance maps.

The peaked roof is topped by raised glass skylights that run the length of the building, see image from Bing Maps below.

Bird

The Sanborn Map Company’s insurance maps of Cincinnati from 1904 show this building. They reveal some interesting facts:

Overview of the east side of the 1300 block of Vine and the west side of the 1300 block of Walnut
A closer view
1314 Vine Street according to 1904 Sanborn Insurance Map with illustration of raised glass roof

In the last Sanborn Map image, you can see the bay windows on the front of the building facing Vine Street. The inclusion of the “CITY MISSION” label is puzzling, but may point some ardent historian toward another chapter of this building’s history.

In 1919, volume 31 of The Machinists’ Monthly Journal, Official Organ of the International Association of Machinists shows 1314 Vine Street as the “District Lodge of the Grand Lodge of the International Association of Machinists”.

The issues

There are two issues at play in the fate of 1314 Vine Street. The first is the fate of the building itself at 1314 Vine Street. The second issue is larger and concerns the role historic preservation plays in the redevelopment of Over-the-Rhine. How important is each stitch in OTR’s historic fabric? It’d be enlightening to hear the opinions on these issues from 3CDC, the Over-the-Rhine Foundation, the Cincinnati Preservation Association, individual citizens, and others.

3CDC is to be lauded for its successes, and Mercer Commons could be a true triumph for OTR. However, if 3CDC chooses to demolish 1314 Vine Street by way of a “special exemption“, it will become in no small measure, but a part of the problem it purportedly seeks to remedy. Determining the fate of 1314 Vine Street would be better addressed sooner rather than later.

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Editor’s note: The Enquirer posted an article delving into more detail about the project, which is an interesting read. There seem to be two sides to the argument: one – every historic building is worth saving, and as much as possible should be done to preserve the fabric, no matter the cost. two – sometimes sacrifices need to be made.

The National Historic Registry has been contacted – I’m interested in finding out exactly what it means for OTR’s historic registry status with continued property demolitions and whether or not more demolitions truly threaten the status. Will update with more information as it is received.

So, Mercer Commons: an unacceptable demolition or a necessary evil for the greater good of the neighborhood? We welcome your thoughts.