Tag: downtown

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News

2Q State of Downtown Report

I don’t know how many of you get the quarterly emails from Downtown Cincinnati Inc. (DCI), but I do…and I am obsessed with the quarterly reports that they put out on the state of Downtown Cincinnati. No fluff…no shenanigans, just facts. If you would like to receive the quarterly emails as well just let them know. From here though I am going to highlight some of what I think are the most important numbers/pieces of information from the 2Q report:

  • The CBD/immediate periphery saw 44 condo sales and 9 single family home sales in the 2Q, selling for a median price of $279,032 and $228,000 respectively.
  • 10 new retail establishments opened (including bars/clubs) while 8 retail establishments closed…but in all honesty, a good chuck of the businesses that closed had other issues not related to downtown.
  • Downtown hotels continue to boast the best occupancy rates in the region (62.6%) and also saw the largest increase in occupied rooms over 2006 (+3.4%). Downtown hotels also boast the highest cost per room ($126.12) and accordingly the highest revenue per room($79.00) in the region.
  • Part 1 crimes (more serious crimes) are down 11.4% and Part 2 crimes (quality of life crimes) are down 16.1% over the numbers from the same time period for 2006.
  • DCI Ambassadors assisted 13,858 pedestrians, removed 23,740 lbs of trash, addressed 3,019 instances of panhandling, removed 513 graffiti tags and distributed 3,800 Go To Town Guides.

As for development…there is either proposed or under construction:

  • 4,877,160 sq. ft. of space
  • 2,641 residential units
  • 13,800 parking spaces
  • For a grand total of $1,450,300,000 in total investments.
Categories
News

Cincinnati Mercantile Library

The Cincinnati Mercantile Library has a long and rich history…one that many don’t even know about. Did you know that the Mercantile Library is just a stones throw away from Fountain Square at 414 Walnut Street?? Not only that, but it has been at that exact address since 1845 and was founded ten years earlier by a group of young professionals. Oh and in case things are a bit too hectic for you to drop by and check it out soon…that’s alright, because the Mercantile Library has a 10,000 year lease on its current home.

The place is an absolute historic gem to check out. The book collection is fantastic, and the personal attention/expertise from the librarians is second to none. Not to mention it is extremely quiet and private for reading, studying or working (more so than a public library). Something else it has is that historic charm that most public libraries lack.

The split level floors, that house the main book collection, are separated by a glass floor. That is because the library has not had electricity for very long, and this was a way to help maximize the natural sunlight from the large windows. There are other numerous architectural throwbacks like the ironwork, woodwork/carvings, and many other non-architectural features. Like the old wood phone booth for example, or the physical card catalog (no electronic catalogs here), the furniture, the stately looking safe that sits behind the front desk and the many pieces of artwork.

All in all, this place is a MUST see for any Cincinnatian…and for very reasonable membership rates you could have all of this and more at your fingertips. Be sure to also check out the Mercantile Library’s weblog for book reviews, events and other things happening with the library.

For more pictures from the Mercantile Library and other images from this past weekend, check out my photothread on UrbanOhio that includes pics from around Downtown and Over-the-Rhine.

External Links:
www.mercantilelibrary.com
www.urbanohio.com/forum

Categories
News

Three wishes

Well it seems as though my last post brought up some people’s wishes for downtown, and what they want to happen. So, I thought I would throw it all out there and ask everyone to comment on what their Top 3 wishes for downtown are. They could be anything, from development projects, to culture changes, to new/different laws, etc. Go wild…I want to hear from you.

I’ll start with my Top 3 in no particular order:

1. The creation of a transportation hub along 2nd St (as has been proposed). This could be a hub for light rail, streetcar, bus, bike and have tie-ins to the potential high-speed rail system in Ohio and the Midwest. Why is this in my top three…well great urban centers are the center of cultural, economical, political and transportation services (to name a few). Cincinnati fairs quite well in most of these…and is quite honestly the center of transportation services for the region…but it is a sad system of services to say the least. So my wish for downtown is kind of a cop out wish for the entire region (but it’s my blog and I can do it).

2. How about an open-container policy for downtown. Now I understand that you need to restrict it someway…so create some sort of open-container district based on the location of the popular bars/clubs downtown. You could even have more than one district…and in those districts vehicular traffic could be closed off. This would give downtown a huge advantage over all of the other bar/club districts in the region and really make it a hot spot for activity after the sun goes down.

3. ZERO parking requirement…yes, you heard me right. No parking requirements. This is obviously a controversial proposal, but it has the potential to pay off big time with massive downtown development. This is one of those rare occasions where I think government is out of its element by mandating parking.

If a business or developer thinks that their project can succeed with less parking, no parking, or more parking then let them make that call. My bet is that people will error on the side of less parking, but if you want to sell condos and market them with 2 spaces then you’ll build your two spaces per units…but if you think you can do it with only one space per unit, then go for it. This could potentially lower the upfront costs of many developments that eventually are killed by the costs of parking.

So have at it and let me know what your wishes are, and what you think of my brilliant ideas.

Categories
Business Development News Opinion

New Signature Tower Needed??

There has been some discussion recently over the need (or lack thereof) for a new signature tower in Cincinnati. Queen City Square II offers that potential with it’s signature style architecture and size. It would be the new tallest in Cincinnati, and would have a new/fresh look that isn’t all too prevalent in Midwestern cities. But the question still exists…does Cincinnati need a new signature tower…or for that matter does Cincinnati even have a signature tower/landmark.

I would argue that Cincinnati does have a signature tower in Carew, but whether it is a landmark feature is another question. I would say that outside of the world of people who are interested in Cincinnati and/or city history that very few people know the history of the beautiful Art Deco skyscraper. You could also argue that Union Terminal is landmark-esque for Cincinnati, but the same holds true for it with the average joe.

So, does Cincinnati need a new signature tower…well I’ll answer with yet another question. What is the signature tower in Portland, OR…San Diego, CA…Boston, MA…Miami, FL or Washington, DC? Now sure, some of these places have their landmark buildings (most notably DC), but they don’t really have signature towers. What makes Paris, London, Madrid, or Rome so special? They all lack the skyscrapers that are prevalent in American cities, but they have great built environments and pedestrian friendly amenities.

Proposed Queen City Square II

Cincinnati is special in the same way…sure it doesn’t have the skyscrapers like new boomtowns of Atlanta, Miami, Houston, or Dallas. But it has a built environment that those cities will never be able to duplicate. Over-the-Rhine is a landmark for Cincinnati, so is Union Terminal, Carew Tower, Central Trust Tower, Roebling Suspension Bridge, and one could even argue Columbia Tusculum.

Now don’t get me wrong…I’m not opposed to another stylish skyscraper downtown, but I don’t think that Cincinnati needs it by any stretch of the imagination. Often times skyscrapers actually hurt that all important street-life that you hope to create in an urban environment. I say go for it, but don’t go out of your way to accomplish building these skyscrapers. They are pretty…but like a book, the quality of a city should not be judged by its cover.

Categories
Arts & Entertainment Business Development News

The NEW Downtown Cincinnati

Downtown has managed to turn the corner relatively quickly. People who once used to think of downtown as a tired/boring place are now frequenting the new restaurants, clubs, bars and events. New residents are everywhere and visitors are welcomed by something new almost every other week. It’s just past the half way point in 2007 and Downtown Cincinnati has seen the opening of 4 new bars/clubs, 3 restaurants and more events on Fountain Square than you can count.

It’s wonderful to see everything coming together and this is just the beginning. The majority of the tenants in the redone 5/3 building have yet to open, another few restaurants will be opening shortly, and another couple bars/clubs are on the way. This is all before the ball drops for 2008. If you want to think about 3-4 years down the road, then you’ll really be blown away with what Downtown Cincinnati will be like.

3-4 years puts the streetcar in place and the first phase of The Banks. The Banks will most likely attract tenants like ESPN Zone, Hard Rock Cafe, House of Blues, countless restaurants, bars/clubs. Combine that with the activity that the streetcar system will be shuffling around and you have yourself a VERY strong/vibrant urban core. Thousands of new residents and tons of new attractions. The streetcar system will most likely help give the retail scene downtown a kick in the pants…if that doesn’t do it, the thousands of new residents should.

Check out what’s going on in the NEW Downtown Cincinnati!

Need more to eat… MORE RESTAURANTS!!!
Like to shop… MORE RETAIL!!!
Want to be entertained… MORE ENTERTAINMENT!!!

Some more developments (just to name a few):

Now, downtown hasn’t gotten ‘there’ yet, but it is certainly on its way…and picking up speed.