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Business Development News Politics

A strategic residential plan for Cincinnati’s center city

There are increasingly fewer and fewer development sites remaining inside Cincinnati’s central business district. There are small surface lots scattered about the CBD, and some larger collections near City Hall and the Hamilton County Courthouse, but outside of that there is not much land left to be built upon.

This makes the things we do build on those sites even more important. The Banks seems like it will end up being successful in an urban design context, as well as an urban vibrancy context with its inclusion of so much residential in addition to office, retail and entertainment space. The recent Procter & Gamble daycare facility on Broadway Street, not so much.

What has long held back Cincinnati has not been a lack of tourists, commerce, or entertainment, but rather it has been the lack of a critical mass of residents. The lack of this critical mass is what has prevented the CBD from attracting everyday retailers, groceries, affordable dining, and later evening hours for all of the above.

According to a 2009 Downtown Cincinnati Inc. report, there are 9,000 residents living in the greater downtown area which primarily includes the CBD and Over-the-Rhine. According to the same DCI report, that number of downtown residents is expected to grow to 12,500 by 2012 largely in part to the opening of the initial phase of The Banks. Even while this growth is encouraging, if Cincinnati wants its center city to be truly vibrant around the clock, more needs to be done.

Cincinnati leaders should identify residential focus areas and work with developers on a comprehensive plan that would strategically place residents throughout the center city in the most economically feasible, and beneficial ways. Based on Cincinnati’s current central business district buildout, its surrounding neighborhoods, and potential opportunities I have developed a general plan for two residential focus areas for which Cincinnati leaders should develop.

Core High-Rise:
Within the CBD itself there are several real opportunities to not only add to the urban context, but its vibrancy. Surface lots at Fifth & Race, Seventh & Vine, Fourth & Plum, and Third & Race offer the greatest potential of them all. These sites could all potentially host high-rise residential living which could finally put Cincinnati’s center city over the top.

Affordable and successful residential high-rises can be done. Many cities around the country have experienced this first-hand. In Atlanta, 30- to 40-story residential towers have sprung up throughout Midtown and Buckhead like weeds, and were often built in an almost cookie cutter way that was sure to deliver profits for the developer. The same has happened in Charlotte, Miami, Austin, Portland, Seattle, Philadelphia, Denver, San Diego, Chicago, and elsewhere.

These efforts should not exist on their own, but rather also work with potential residential conversions of aging office structures nearby. This will remove antiquated office space from the market, and add critical new housing opportunities within the center city.

Mid-Rise Community:
Another great opportunity for the CBD is a collection of low- to mid-rise residential structures near City Hall on approximately four city blocks of available surface parking lots. The area is bounded by Over-the-Rhine to the north, the Betts-Longworth Historic District to the west, Ninth Street Historic District to the south, and the Court Street district to the east. All of these surrounding areas are made up of three to five story structures which would make a three to five story residential community ideal in this area.

It would make sense to include townhouses/rowhouses along Ninth Street and Central Avenue to help create a natural blend with the surrounding areas, but also provide a greater mix of residential offerings. The rest of the residential focus area would be made up of multi-unit mid-rises similar to those being built at The Banks right now. This addition of residential activity would inject new life into arguably the most lifeless part of the CBD, and it would create a tangible connection from the CBD to Over-the-Rhine and the West End.

While not identified as a focus area due to its small size, the surface lots near Eighth & Sycamore should also be developed with a residential focus to compliment the burgeoning residential district there.

By developing a strategic approach for implementing new residential offerings in Cincinnati’s center city, city leaders and developers will be able to improve the area’s urban framework and its vitality.  New residents will demand new retail offerings that will benefit the thousands already living within the greater downtown area, and more residents will help drive existing businesses to maintain later hours to serve the growing residential base.

The buzz surrounding 21st century planning has often been about creating 24/7 urban communities where people live, work and play.  Cincinnati already has a great set-up for exactly that, its leaders and investors simply need to take advantage of those opportunities and position the center city for even greater success.

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Arts & Entertainment Business News

The Yoga Bar to celebrate grand opening this weekend

The Yoga Bar will host a weekend of events this weekend to celebrate the grand opening of downtown Cincinnati’s newest yoga studio.

There will be a Yogini-Tini Opening Gala tonight from 7pm to 10pm that will include beer, wine, and specialty crafted drinks. Those who show up will also be able to meet owner Rachel Roberts in person, talk to the instructors, and tour the studio located on Main Street. Roberts also says that there will be live music from Quincy Live early in the evening, with dance music by DJ Sinceer during the latter part of the night. Cocktail attire is recommended for those attending.

The interesting thing about The Yoga Bar is the bar that remains from the former discothèque called Club Crush that previously occupied the space.

“Where else can you learn more about others’ lives than at a bar?,” Roberts asked UrbanCincy in early September 2010. The bar will now be used to cater to yoga students by providing a selection of healthful, rejuvenating non-alcoholic drinks like coconut water and Kumbucha tea.

Roberts says that on Sunday the yoga studio will be blessed with a traditional Hindu Ganesha Puja to honor its new beginning. This traditionally Indian ceremony is also open to the public.

Regular classes will begin on Monday, October 4 with morning classes at 7am, lunch hour classes, and 6pm offerings. Classes will cost $15 for drop-ins or $108 for unlimited monthly memberships.

Roberts also plans on using the 2,300-square-foot space for community events. Those interested in hosting weekend events can contact her at (970) 274-4402, YogaBarCincy@gmail.com, or by dropping by the studio (map).  Stay connected by following The Yoga Bar on Twitter @TheYogaBar, or by becoming a fan of the studio on Facebook.

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Month in Review

Month in Review – September 2010

During the month of September, UrbanCincy’s top stories covered two new businesses downtown, the formation of the Eight Street Design District, the loss of a popular Cincinnati blog, and the creation of UrbanCincy’s own Urban Kickball League.

Our top 5 most popular articles for the month of September were:

  1. The Yoga Bar to serve up strong sense of community downtown
    Rachel Roberts was tired of traveling, and as a well-known and beloved yoga teacher in the Cincinnati area, she was splitting her time between several different studios, none of which were near her home in downtown Cincinnati. As a result, Cincinnati’s newest yoga studio called The Yoga Bar was born.
  2. Join the first-ever OTR Urban Kickball League now!
    The league is open to all age levels and anyone interested in participating. The fall 2010 season will be the first-ever and will feature a variety of special treats and benefits for those participating outside of the kickball fun.
  3. With another Cincinnati blog possibly ending, how do we stop the bleeding?
    On Tuesday, the Cincinnati blogosphere learned that it would possibly lose one of its most well-respected and popular blogs. Kevin LeMaster, Editor and Publisher of Building Cincinnati, informed his readership that, “the Building Cincinnati experiment is likely to end,” and that he was almost certain it would end on that same day.
  4. 18 entities join to form 8th Street Design District, kick off month-long concert series
    It has long been a work in progress, but the 8th Street corridor through northeast downtown Cincinnati has evolved into a vibrant district. A district made up of trendy loft living inside former warehouses; diverse establishments like the Blue Wisp Jazz Club, Silverglades, and University Galleries; and an ever-growing collection of design-related businesses.
  5. Chef Josh Campbell to open first micro-grocery in downtown Cincinnati
    Already owner of successful ventures World Food Bar, a gourmet prepared food stand at Findlay Market, and Mayberry, a mid-range restaurant on Vine Street, Campbell (pictured, right) is expanding his food empire to include the Central Business District’s first grocery – a micro-market located at 7th and Main.
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Business Development News

Cincinnati wins economic development award for $24M Corryville Crossings project

The City of Cincinnati has received an Excellence in Economic Development Award from the International Economic Development Council (IEDC) for a $24 million mixed-use development uptown. The award specifically recognized the City for its public-private partnership on the project.

“We recognize the City of Cincinnati for providing successful strategies to promote new paradigms in economic development in this period of global recovery,” said William Best, IEDC chair. “Cincinnati is showing that they are at the forefront of the economic development profession and are using innovative and effective practices that can be replicated in other communities.”

Officials learned of the IEDC award on Tuesday at the council’s annual conference being held in Columbus, OH. IEDC officials say that the awards program is geared to, “recognize the world’s best economic development programs and partnerships, marketing materials, and the year’s most influential leaders.”

The Corryville Crossings development has been under construction for more than a year. Once completed the development is expected to create 200 permanent jobs, include a 132-room hotel, retail space, a 219-space public parking garage, and spark additional investment in the Short Vine business district.

The City has partnered with the Uptown Consortium and local developers to help move the project from the drawing boards to reality. Project officials also say that creative financing tools like Tax Increment Financing (TIF) and New Market Tax Credits were necessary to advance the development.

A Starbucks coffee shop and IHOP restaurant were originally planned for the retail portions of the development before changes in the market that drove both national chains away from the project.  The new Hampton Inn and public parking garage portions of the development are expected to be completed later this fall.

Categories
Business Development News

Bond Hill to celebrate dedication of $11M Graeter’s production facility

After breaking ground on a 28,000-square-foot facility in May 2010, the new Graeter’s Ice Cream production facility is complete and poised to set-up the legendary ice cream maker for an aggressive national expansion plan.

Cincinnati leaders are scheduled to dedicate the new facility in Bond Hill, located at 66th Street and Paddock Road, at 10am today. As part of the ceremonies, 66th Street will be renamed to Regina Graeter Way in honor of the current owners’ great-grandmother who helped establish the Graeter’s brand as a local favorite.

City officials say that the $11 million project was made possible by $3.3 million incentive package from the City of Cincinnati, and will create 50 jobs – a number that is expected to grow in the coming years as Graeter’s grows its production. The incentive package also included a commitment from Graeter’s to “stay and grow” in Cincinnati for at least 20 years.

The ice cream maker will maintain its current facility in Mt. Auburn for production of some ice cream, candy, and baked goods. The new facility, meanwhile, will be used solely for the production of ice cream.

“As a Cincinnati-based, family-run company, we are proud of our association with this wonderful city and look forward to new generations of success,” said Richard Graeter, president and CEO of Graeter’s. “We are incredibly grateful [of the City’s assistance], because not only will their support help us expand nationally, but it is also helping us create jobs locally.”

The new Graeter’s facility sits on roughly 4.5 acres of land, and is the first development to take place on the 24.5-acre site owned by the City of Cincinnati which previously was home to the Mill Creek Psychiatric Center.  Officials with the city’s Economic Development Department hope to build out the rest of the site in accordance to the Growth & Opportunities Study for Cincinnati (GO Cincinnati) which calls for research and development, flex-industrial, and back-office space to be built in the Seymour/Reading Road Corridor.

“Graeter’s growth is contributing to the growth-mode that the City of Cincinnati is experiencing these days,” City Manager Milton Dohoney stated in a prepared release. “And as they take their brand to new national markets, they are a great ambassador for the city.”