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Business Development News

Cincinnati Habitat for Humanity opens ReStore in Bond Hill

Cincinnati Habitat for Humanity celebrated the opening of its much needed and anticipated ReStore over the weekend, an addition that will provide social, environmental and economic benefits to the community. The home improvement discount store will offer Cincinnati households a way to save money on home products, while also helping Cincinnati Habitat build affordable homes for deserving families throughout the city.

Customers visiting the ReStore can expect to find discounts on a variety of appliances, cabinets, flooring, doors, hardware, lumber, tools, windows and more. All materials sold at the ReStore are donated by local retailers, contractors and individuals within the community.

“The opening of the ReStore represents a new chapter for Cincinnati Habitat’s future,” said Paul Knue, Vice President of Cincinnati Habitat for Humanity’s Board of Directors. “The income the ReStore provides will help us change the lives of more families than ever before by creating a sustainable revenue source for our housing ministry. In addition, the ReStore provides us all with the opportunity to be better stewards of the environment, by recycling and keeping materials out of our landfills.”

The donated goods are sold to the public at a fraction of the retail price, while the donors are eligible to receive tax deductions for their contributions. The ReStore is located at 4910 Para Drive in Bond Hill (map) as part of a 35,000 square-foot building that also includes warehouse space, training space and office space for Cincinnati Habitat. The ReStore will be open from 9am to 5pm Tuesday through Saturday.

“If you support the ReStore, you support Habitat’s efforts to eliminate sub-standard housing in our neighborhoods, preserving our environment and helping families, help themselves” said Marissa Woodly, Development Director for Cincinnati Habitat for Humanity.

For more information become a fan on Facebook or follow them on Twitter @CincyHabitat.

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Business News Transportation

American commuting patterns negatively impacting individual achievement

In Robert Pagliarini’s best-selling book The Other 8 Hours, he discusses how we use the eight hours of our daily lives, outside of the eight we presumably spend at work and at sleep, are what determine our success in life. Pagliarini urges readers to look beyond their job to find success in their life whether it be through starting a business, losing weight, developing a hobby or even getting control of your finances.

Pagliarini states in his book that, “You lose 8 hours to sleep and you sell (at least) 8 hours to your job. That leaves just 8 more. What are you doing during the other 8 hours, and more importantly, what are the other 8 hours doing for you?”

The book relies on the assumption though that each person has a clearly delineated, and evenly balanced, three-slice pie. This is obviously not reality, but if we were to follow Pagliarini’s advice by maximizing The Other 8, what would we find?

With 16 hours of the day already ruled out for work and sleep we have just 8 valuable hours to improve our lives in the way we choose. A 2005 study by the Telework Exchange showed that Federal employees spent an average of 233 hours of their life commuting each year – a number that does not factor in the time spent driving on daily errands. The study found that if Federal employees were to telework three days each week, that they would get 98 hours of their life back each year. Citing an average savings of an hour per day, the Telework Exchange study identified that those teleworking can earn an MBA 35 percent faster, read 25 books in a year, clean out 83 closets, or train for a marathon with the time saved by not commuting.

This data is supportive of more than just teleworking, but reduced commuting and travel times in general. Those who are able to walk to work due to close proximity experience such savings, as do transit riders who are able to utilize their commute time for other enriching purposes that Pagliarini identifies as ways to improve your life.  Those who walk benefit doubly as they not only save themselves free time, but the time they do spend commuting helps to improve their health.

“Look around, anyone who is successful and lives a rich and meaningful life has used the other 8 hours,” Pagliarini exclaims. “Day in and day out, while others squander this time, they have invested it.”

The majority of people have overbooked schedules that do not have any more room to develop these personal attributes and improve their life. As a result that means each individual seeking success should look to maximize the free time they do have. Americans’ current commuting patterns dictate that approximately 15-20 percent of their “free time” is immediately wasted sitting in a car. If that time could be cut in half five to six days a week, the average American would experience similar time savings to the aforementioned federal employees who telecommuted three days a week, and experience similar benefits.

It appears that a clear option for Americans trying to improve their lives socially, financially, health-wise, or educationally is to cut out identified “life leeches” like commuting that suck up individual free time.

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Business News

Downtown Cincinnati experiences strong progress during recession

If Cincinnati is our home, then downtown is akin to our city’s kitchen. Downtown is where we, as a community, watch television (Fountain Square), downtown is where we eat, and downtown is where we complete our financial transactions. This is the analogy Mayor Mark Mallory used at the 2010 State of Downtown meeting held this past Thursday, April 29th.

Mayor Mallory also likened downtown to an engine that is “hot and running well” at the Annual Member Meeting hosted by Downtown Cincinnati Inc. (DCI). The positive 2009 report identified several positive indicators during one of the most difficult economic years the nation has seen including:

  • $116 million in completed construction and renovation project with another $1.6 billion in projects currently in progress
  • More than 445,000 square feet of office expansions, renewals and relocations in 2009
  • 30 new retail/restaurant/entertainment establishments opened in the central business district
  • 140 single family homes were sold, keeping population growth consistent with projections
  • $59 million economic impact of total room nights marked a record setting year for hotels
  • The Main Library, Cincinnati Museum Center, Krohn Conservatory and Fountain Square all posted record attendance years
  • Overall crime rate for the central business district/riverfront was down double digits in Part 1 and Part 2 offenses over the past decade, helping make Cincinnati the 7th safest city for pedestrians out of the nation’s 52 largest metro areas
  • DCI’s 3rd annual pedestrian count study showed a continued increase during peak weekday times (11am to 2pm), and a total increase of 20% in pedestrians during the evening hours
  • A partnership with the Hamilton County Department of Pretrial Services and the County Jail, University Hospital, Summit Behavioral Healthcare and others to identified the top 16 high risk panhandlers; placing 3 of the 16 cases in permanent housing to date

The meeting, which lasted for just a little over an hour, also included remarks from the Senior Regional Officer of the Cincinnati/Cleveland Branches of the Federal Reserve Bank Dr. LaVaughn Henry, Hamilton County Commissioner Greg Hartmann, Cincinnati City Manager Milton Dohoney, and DCI president David Ginsburg.

The speakers focused on the importance of economic development in the greater downtown areas, each bringing a different viewpoint to the podium. Commissioner Hartmann spoke briefly about the importance of downtown to all of Hamilton County and the region, while using the casino development as a prime example of how to get the public excited and involved in the development process. Dr. LaVaughn Henry addressed the national economic recession and stated that while unemployment is still high here in Cincinnati and across the country, the rate of job loss is slowing and consumer confidence is on the rise.

Downtown Cincinnati’s population has experienced steady population growth since 2005, and is expected to double by 2012 with the continued renovation of Over-the-Rhine and the opening of The Banks.

City Manager Milton Dohoney stressed the importance of taking risks, while also being cautious in our approach. His remarks on economic development revolved around the creation of new jobs, smarter land use, and partnership and investment in our community.

“Big steps equal big gains,” Dohoney commented in regards to taking risks. “We must work on expanding our tax base, while also proving that we are an inclusive community.”

Following the meeting, UrbanCincy caught up with DCI President David Ginsburg where he discussed the importance of projects like The Banks and the Broadway Commons Casino ultimately not becoming a single destination. Ginsburg also brought up the importance of “zoning flexibility” when it comes to downtown vacancy issues.

“Our primary role is to enhance downtown’s potential as a vibrant, clean and communal place that attracts employers, art, music and the creative class,” Ginsburg stated. “We must continue to improve downtown’s perception by getting more people downtown to witness the improvements firsthand. You wouldn’t buy a new car until you test drove it, so we need to get more people to test drive downtown.”

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News Politics Transportation

Mark Mallory offers words of praise, responsibility in 2010 State of the City

As required by Cincinnati’s City Charter, Mayor Mark Mallory delivered the annual State of the City address to an enthusiastic crowd at the Duke Energy Convention Center last evening. As the mayor described it, the annual speech serves as a “report on the state of affairs of this great city,” and a way to ask ourselves, “where are we?”

The mayor, whose presentation lasted just over an hour, spoke casually and extemporaneously, without a hand-held microphone and without the assistance of a teleprompter or a podium.

After highlighting recent accolades the city has received for being the fourth best city in the U.S. for college graduates and the ninth most literate city, the mayor warned against just perusing the top 10 lists to know where we stand. Instead, he called on us to examine our character as a city.

“We have to place public safety as our number one priority,” Mallory stated as he began his discussion on the character of a quality city. The mayor used the example of two public safety officials in attendance whose heroics demonstrated great character. Their bravery, the mayor advised, ought to inspire Cincinnatians to work for the city’s betterment in their own lives. “What are you willing to do,” he asked, “to make this community safer?”

Mayor Mallory then stepped aside to show what would be the first of five brief videos during the address. The video highlighted the work that Cincinnati Initiative to Reduce Violence (CIRV) has done to address public safety and described the successes of CIRV as an alternative to the narrow minded “throw away the key” mentality that often does little to reduce crime.

The mayor then turned his attention to the economy. “We cannot talk about building our economy without talking about jobs,” he proclaimed. Citing an increased focus on public/private partnerships, 5,000 new jobs were created, he declared. Furthermore, the mayor cited how investments in public infrastructure projects grow the economy by employing workers on the construction, but also by creating desirable, livable places for future business growth. In a moment of self-deprecation, the mayor informed the audience that while he is excited that The Banks project will be complete by Reds Opening Day 2012, he would definitely not be throwing out the first pitch.

In “an effort to help those in the region better manage their money,” Mayor Mallory announced the creation of Bank on Greater Cincinnati. The program is a collaboration with the regions eight largest banks, Cincinnati, Covington and Newport. Recent reports indicate that those who patronize businesses that offer services like pay day loans pay on average pay $900 per year in fees. Instead, the Mayor’s program will encourage citizens to “save and build wealth” with healthier financial practices.

Furthermore, the mayor commented that we as a city must invest in those large projects that work to responsibly grow the economy. He cited the Cincinnati Streetcar is one such project, as described in the second of the four short videos. The clip noted the proven economic impact of rail transportation, with a ratio of more than a 10 to 1 return on investment, and that the proposed streetcar route will connect the city’s two largest employment centers.

The mayor stepped aside a third time to show the winning video from a contest that the Young Professional’s Kitchen Cabinet (YPKC) hosted to showcase local civic pride. The neighborhood of Pleasant Ridge submitted the winning clip, which showcased the area’s vibrancy, safety and diversity.

“We need to do all that we can to be green,” Mallory opined, shifting focus once more. Doing so requires investments in the future, like the work the Office of Environmental Quality (OEC) is doing. They are installing a green roof on City Hall, a project paid for by the savings the city is seeing from making other facilities more efficient. Recently, the OEC was awarded $20 million in grants to fund city efficiency projects, and just yesterday, another $17 million in stimulus finding was awarded to Cincinnati to help perform energy efficiency retrofits.

Mayor Mallory praised the work the YPKC is doing to help in the city’s effort to be more environmentally aware. They created a civic garden in Over-the-Rhine, and produced an award-winning video to encouraging people to recycle.

After noting that the city’s rich cultural heritage has a “definite impact on our economy,” Mallory praised the economic impact of the Convention and Visitor’s Bureau (CVB). Their efforts bring thousands of visitors yearly who collectively spend millions of dollars in our local economy. The mayor showed the fifth video clip, a video that the CVB uses to promote the city and the region to prospective visitors like the estimated 200,000 people who will attend the World Choir Games in 2012, driving an economic impact of more than $13 million.

Mayor Mallory closed with an acknowledgment that as citizens, “we must be good stewards to this home we call Cincinnati.” In an effort to increase the value of the city for future occupiers of this space, the city is building the tallest building ever in Cincinnati, completing a stunning new mixed-use development at The Banks, opening a casino and linking them all together with a modern streetcar system.

Mayor Mallory’s “enthusiasm for the city is contagious,” observed Vice Mayor Qualls after the program ended. “His call for responsibility to move the city forward is welcome.” A recent Xavier graduate commented that the mayor seemed to be leading the city in a good direction, and that he seemed “more focused on the younger population” than others in the past. But perhaps CIRV’s Greg Baker summed the address up the best when he commented that it was a “grand slam in demonstrating what it means to be a great Cincinnatian.”

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News

Cincinnati lands prestigious National Conference of Black Mayors Convention

At 10am this morning local political, business and community leaders gathered at the National Underground Railroad Freedom Center in downtown Cincinnati to celebrate the announcement that the National Conference of Black Mayors (NCBM) Convention will be coming to Cincinnati this May. Cincinnati Mayor Mark Mallory is a member of the NCBM and will be serving as the official host for the convention when it comes to town May 12-16.

“We are looking forward to our time in Cincinnati,” said George L. Grace, National Conference of Black Mayors President and Mayor of St. Gabriel, Louisiana. “Cincinnati has a rich history in the civil rights movement and has made extraordinary strides under Mayor Mark Mallory to establish itself as a vanguard city for diversity and multicultural awareness and leadership. This is the perfect time and place for our organization to bring together its members, and we look forward to the important work that will be done at our Annual Convention next month.”

With the theme, “Able Leaders, Stable Cities: Resolving Our Communities’ Challenges,” the 36th Annual Conference is expected to draw more than 700 attendees from around the country that represent more than 50 million constituents in almost every state. The gathering of civic leaders from around the country is anticipated to log more than 1,200 room nights for local hotels.

The NCBM Convention is planned to coordinate with Major League Baseball’s (MLB) 2010 Civil Rights Game that will, for the second consecutive year, be held in Cincinnati. This year’s Civil Rights Game will take place on Saturday, May 15 at Great American Ball Park between the Cincinnati Reds and the St. Louis Cardinals. Last year’s game left MLB Commissioner Bud Selig very impressed with Cincinnati’s ability to host prominent events such as this national showcase game that includes festivities throughout the weekend. At this year’s game MLB will pay tribute to Willie Mays, Billie Jean King and Harry Belafonte.

“This convention will focus on providing tangible solutions, best practice models and innovative strategies to resolve some of the universal challenges that local elected officials face on the ground,” said National Conference of Black Mayors Executive Director Vanessa R. Williams. “We have gathered a diverse spectrum of leaders who have successfully tackled these problems to participate in this year’s convention.”

Visitors enjoy the festivities around Fountain Square during the 2009 Civil Rights Game Youth Summit.

The NCBM Convention will focus its attention on two primary topics this year that are meant to help resolve the challenges facing communities around the nation. Thursday will focus on Human Rights and will cover a range of topics including health care, public safety and housing. Friday’s session will focus on Green Economic Development and cover topics including workforce development, infrastructure and environmental justice.

The convention is one of a recent string of prestigious multicultural conventions to select Cincinnati as their host including the NAACP and National Baptist conventions in 2008, the Gospel Music Workshop of America in 2010, the League of United Latin American Citizens in 2011, and the World Choir Games in 2012.

“As a member, it’s very gratifying to bring the 2010 Annual Convention home to Cincinnati,” said Mayor Mark Mallory. “The convention brings visitors and revenue to our city, but more importantly, it brings an esteemed group of more than 700 men and women who are actively working to make our cities better.”