Tag: economic

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Up To Speed

Will Northern Kentucky’s Manhattan Harbour ever get built?

Will Northern Kentucky’s Manhattan Harbour ever get built?.

Northern Kentucky leaders certainly cannot be faulted for their lack of big plans, but their implementation has been suspect over the past decade. A multi-billion plan in Newport, for example, called Ovation sits as an overgrown lot on the city’s riverfront. Meanwhile, in Dayton, KY, officials there have been working for years to try to make Manhattan Harbour a reality. The 73-acre riverfront development would include high-rises, condos, shopping, a marina and more, but will it ever happen? More from the Cincinnati Enquirer:

DCI’s project with the city has been scaled down from a $1 billion investment to a $300 million to $500 million development. The newest version will have 45 upscale single-family building lots under the name the Commons, a combination multifamily, high-rise condominiums and single-family homes with a mix of commercial development in an area called the Lookout, and luxury multifamily apartments in an area called the Vistas.

Manhattan Harbour’s mixed-use development has been in the works since 2005, when DCI signed the development agreement with the city, which owns the land. In 2008 and 2009, nearly a half-billion dollars in state and local tax incentives were approved for the project. A $10 million sewer line was laid in 2010 to prepare for development. A 20-year tax increment financing district was created for the site.

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Up To Speed

Traffic congestion can actually be a good thing for urban districts

Traffic congestion can actually be a good thing for urban districts.

Engineers are well-known for coming up with solutions to rid our communities of dreaded traffic congestion. To most people this seems logical, but do we always want to rid ourselves of traffic congestion? In urban shopping districts you want lots of pedestrians, cyclists, transit and cars…it means that there are lots of potential customers. More from Strong Towns:

If people enjoy crowded places, it seems a bit strange that federal and state governments continue to wage a single-minded and expensive war against traffic congestion. Despite many hundreds of billions dollars spent on increasing the capacity of our roads, they’ve not yet won, thank God. After all, when the congestion warriors have won, the results aren’t often pretty. Detroit, for example, has lots of expressways and widened streets and suffers from very little congestion. It also has lost 2/3 of its population and is in the hands of a bankruptcy trustee.

After all, congestion is a bit like cholesterol – if you don’t have any, you die. Like cholesterol, traffic exists as a “good kind” and a “bad kind.” Congestion measurements should be divided between through-traffic and traffic that includes local origins or destinations, the latter being the “good kind.”

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Up To Speed

Is shopping online better for the environment than shopping in stores?

Is shopping online better for the environment than shopping in stores?.

Okay, so I’m a bit old fashioned when it comes to a lot of things. I still read newspapers (about five most days). I continue to read real books (ideally hard cover). And I also prefer to shop at local stores and avoid online shopping for the fear that it would hurt my local economy. Whether this is true or not is besides the point, but new research points out whether or not online shopping is more or less environmentally friendly than neighborhood shopping. More from Per Square Mile:

Researchers surveyed over 700 in-store shoppers at two locations and 40,000 online orders. They then stratified their results based on travel distances to the store and distances from the warehouse to customers’ homes. At short distances—less than 8.6 miles or 14 km one-way—in-store shoppers slightly edged out online customers per transaction, about 73.8 g CO2 vs 77.9 g CO2. But over that, online shoppers’ footprints remained relatively stable while store goers emissions skyrocketed to as high as 451.4 g CO2 per transaction if they had to travel over 62 miles or 100 km.

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Development News Politics Transportation

Cincinnati Eliminates Center City Parking Requirements, Neighborhoods Next

Cincinnati Mayor Mark Mallory (D) has approved an amendment to the city’s zoning code that eliminates parking requirements for many residential developments, and substantially reduces them for others.

The ordinance, signed on August 7, tosses out the city’s existing minimum parking requirements within the zoning code’s Downtown Development Overlay Districts, which cover the central business district and historic Over-the-Rhine.

Under the new regulations any residential development with 20 or fewer housing units would not have to provide any parking, while those with more than 20 units would have to provide .75 spaces per housing unit above 20. That means a development with 32 housing units would only need to provide nine parking spaces.

Central Riverfront Garage
Thousands of parking spaces sit largely empty outside of business hours and game days. Photograph by Jake Mecklenborg for UrbanCincy.

In April 2012, just weeks after UrbanCincy laid the groundwork for reforming the city’s parking policies, Vice Mayor Roxanne Qualls (C) and Councilmembers Yyvette Simpson (D), Wendall Young (D), Cecil Thomas (D), Chris Seelbach (D), and Laure Quinlivan (D) signed a motion urging the removal of all parking requirements in the central business district and Over-the-Rhine.

While the newly approved ordinance does not go quite that far, its proponents believe it is a step in the right direction.

“The goal of the ordinance is to encourage development in the urban core by permitting developers to determine their own parking needs for downtown developments,” explained Councilwoman Simpson, who is vice chair of council’s Livable Communities Committee. “I firmly believe that the market will work to meet parking demands better than government minimum parking requirements.”

According to Victoria Transport Policy Institute, individual parking spaces add anywhere from $10,000 to $25,000 to the cost of a development, and city council believes that by eliminating those mandates that they will make the center city an even more attractive place for private investment.

Mercer Garage
The Mercer Garage in historic Over-the-Rhine is visible from above in May 2013. Photograph by Jake Mecklenborg for UrbanCincy.

The discussion about parking mandates in the center city has been ongoing for years, and has taken on more prominence as private real estate investment in Over-the-Rhine has surged. UrbanCincy specifically called into question the size of the Mercer Commons parking garage in mid-2012.

The work of eliminating parking requirements, however, may not be finished.

The approved ordinance also calls for the “deregulation of minimum parking requirements in other neighborhoods through the establishment of Urban Parking Overlay Districts in areas to be determined by Council.”

If and when city council decides to move forward with establishing new Urban Parking Overlay Districts, there would be no parking requirements for any use other than residential developments greater than 20 dwelling units. This is slightly different than the modification to the Downtown Development Overlay Districts since they still require some minimal parking requirements for office uses.

One of the earliest beneficiaries of the new standards might be the renovation of 906 Main Street, which would not need to provide any parking spaces under the new standards. The $400,000 project will transform the largely vacant structure into 20 apartments above 6,705 square feet of street-level retail.

The new ordinance took effective immediately.

“This ordinance will encourage private investment by reducing the amount of government regulation,” Simpson continued. “This also encourages a walkable, pedestrian-friendly urban core, which is more attractive to residents and visitors.”

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Business Development News

VIDEO: Progress Continues at $120M Smale Riverfront Park

The progress at the $120 million Smale Riverfront Park continues on-schedule and on-budget, according to the latest update from project manager Dave Prather.

Once the ongoing work is completed, the 45-acre park will be roughly 50 percent complete by 2015. The progress is critical as local officials are scrambling to finish several large development projects prior to the 2015 Major League Baseball All-Star Game to be held at Great American Ball Park.

The two ongoing major phases of work at Smale Riverfront Park, Prather says, will be completed in time for the national spotlight in July 2015 when the MLB All-Star Game comes to Cincinnati.

Since the last project update the roundabout at the foot of the Roebling Suspension Bridge has been completed, allowing motorists to connect in all directions at the odd intersection. Foundation and sewer work has also progressed on the elements of the park now being built immediately west of the bridge.

“When we last left off we were just starting on the construction of our Vine Street carousel and fountain steps project,” Prather explained in the video. “Where before our project, phase one, related to Walnut Street, now we’re building the portion of the project that will complete the frame of the Roebling Suspension Bridge and connect with Vine Street.”

While Prather touts the continued success of the project, continued success may be difficult to achieve.

In March 2013 Prather told UrbanCincy that the ban on federal earmark spending has put future phases of work at the park in jeopardy. In order to make up for the lack of federal dollars, project officials have been relying heavily on state and local contributions. Private donations have also played an enormous role for the project as those dollar totals now exceed the projected totals for private contributions.

Further complicating the project is that it has proceeded along with development of The Banks. That mixed-use development is also running into schedule issues, due to the ban on federal earmarks, as funding has not yet been identified for garage and infrastructure work for future phases to be built adjacent to Paul Brown Stadium. Should that work be delayed past the intended schedule, it may also impact the construction schedule of the western portions of Smale Riverfront Park.

U.S. Congressman Bob Gibbs (R-OH), who is the chairman of the Subcommittee on Water Resources and Environment, will tour Smale Riverfront Park today at 4:30pm with Cincinnati Vice Mayor Roxanne Qualls (D) and park officials.

Local leaders are hopeful that the visit will help position the park to receive water infrastructure support from the U.S. Army Corps of Engineers through the next Water Resources Development Act, which is expected to be introduced soon.

If all goes according to plan, however, officials believe that Smale Riverfront Park can be completed by mid-2017.