Tag: hyde park

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Month in Review

Month in Review – July 2014

Seven at Broadway

The Banks and Dunnhumby Centre tower cranes In July, UrbanCincy reported on the future of the much-discussed Wasson Way corridor, and investigated the candidate that will most likely be chosen as Cincinnati’s next City Manager. We also opined on the need for a new first-class arena in the city.

Additionally, two of our most popular stories were photo updates: Jake Mecklenborg’s collection of photos from the Northside Fourth of July parade, and my gallery of residential construction projects in Downtown Cincinnati.

Check out our top five stories from July 2014:

    1. PHOTOS: 49 Shots from the 2014 Northside Fourth of July Parade
      Aside from being one of the most significant and well-attended parades in the region, the Northside Fourth of July Parade is also one of the more eclectic.
    2. KZF Releases Preliminary Designs, Cost Estimates for Wasson Way
      The 45-page study is the first detailed look at the corridor, which has been hotly debated and discussed over recent years. Much of the controversy has surrounded whether or not both light rail and a trail can be accommodated.
    3. EDITORIAL: It’s Time for Cincinnati to Build a New First-Class Arena
      Within a one-hour drive from Fountain Square there are eight arenas with a capacity of more than 9,000 people for their primary tenants. Of these, only three have been built or undergone major renovations since the year 2000.
    4. What Does Harry Black’s History Tell Us About His Capability of Managing City Hall?
      It has also been widely reported in the Baltimore and Richmond media that Black earned the nickname of being “the mayor’s bull dog” and “Baby Wilder” in reference to former Richmond mayor L. Douglas Wilder.
    5. PHOTOS: Construction Progressing on Thousands of New Downtown Residences
      Eleven new developments are expected to add about 1,500 new units of housing to the urban core.

 

Categories
Development News Transportation

KZF Releases Preliminary Designs, Cost Estimates for Wasson Way

Segment 5 - Grovedale Place to Edwards Road

A newly released feasibility study, produced by KZF Design, finds that construction of the 6.5-mile Wasson Way Trail would cost anywhere from $7.5 million for just a trail to $36 million for both a light rail line and trail totally separated from one another.

The cost estimates vary so much due to the three potential design options studied. The lowest cost alternative looked at placing a 12-foot-wide trail along the entire existing rail alignment. This, however, would make the inclusion of a future light rail line extremely difficult.

The most expensive alternative would construct an entire new trail alignment that does not interfere with any existing rail right-of-way. This would include the construction of several new bridges and completely preserve the ability to easily construct the long-planned light rail line adjacent to the new trail.

Alternative B, which was recommended by KZF and priced at $11.2 million, was a bit of a hybrid. It would include a 12-foot-wide trail offset from the existing rail alignment, but utilize existing rail right-of-way at pinch points along the corridor.

The 45-page study is the first detailed look at the corridor, which has been hotly debated and discussed over recent years. Much of the controversy has surrounded whether or not both light rail and a trail can be accommodated. KZF’s findings appear to show that much of the corridor could in fact accommodate both, but that some segments may prove to be difficult, albeit feasible.

If project supporters are able to advance the trail plan, KZF estimates that it would connect eight city neighborhoods and approximately 100,000 residents with an overall network of more than 100 miles of trail facilities.

“It is hard to build in the urban core, and to find an intact corridor ripe for development is a unique thing,” explained Eric Oberg, Manager at the Midwest Rails to Trails Conservancy. “If this is done right, this can be the best urban trail in the state of Ohio. I have no doubt.”

Some of the most difficult segments of the corridor are the nine existing bridges where the right-of-way is extremely limited. If both light rail and trail facilities are to traverse this corridor together, additional spans will be needed in order to have safe co-operation.

In addition to introducing what may become the region’s best urban trail and light rail corridor, some proponents also see it as an opportunity to fix other problems along the route. Most notably that includes the congested and confusing intersection of Madison, Edwards and Wasson Roads near Rookwood Pavilion.

While the newly released feasibility study offers the most detailed analysis of this corridor to date, the City of Cincinnati has yet to close on its purchase of the former freight rail line from Norfolk Southern.

City officials are reportedly in negotiations with Norfolk Southern now, and have made an initial offer of $2 million. In April, Mayor Cranley’s Administration also allocated $200,000 to the project.

Categories
Business Development News

Greiwe Development to Break Ground on $35M Hyde Park Condo Building This Week

Developers are aiming to break ground on a $35 million condo building in Hyde Park this week, following a months-long demolition effort that began in late October and cleared the site of five existing buildings, some of which dated back 80 years.

Greiwe Development and North American Properties (NAP) say that the demolition work cleared the way for what will become a modern four-story building that will house 30 luxury condominiums at the corner of Observatory Avenue and Shaw Avenue in Hyde Park.

Named 2770 Observatory, the development will also include a 77-space underground parking level accessible from Shaw Avenue.

The development will boast some of the priciest new residences in the region, with units priced between $700,000 and $2 million.

“Hyde Park combines the sophisticated lifestyle of Cincinnati’s premier neighborhood with the exciting air of arts, innovative restaurants and blocks of unique shopping,” said Rick Greiwe, principal of Greiwe Development.

Not everyone is thrilled about the luxurious direction in which Hyde Park continues to head. Former residents expressed frustration to UrbanCincy, saying they were given notice to vacate their apartments “by the end of the month” so that demolition work could proceed.

Over the years, this transition has led to a migration of priced-out Hyde Park residents to seek more affordable options nearby in Oakley, East Hyde Park or Evanston.

Griewe, however, says that the vibrancy of Hyde Park Square is part of what drew his development team to this location, and that the active and engaging lifestyle of city living is what is appealing to his firm.

Both Montgomery and downtown Cincinnati are locations where Greiwe says they would like to do additional work.

The announcement of 2770 Observatory comes as a wave of residential infill projects have been sweeping across Cincinnati’s neighborhoods. Thousands of new residential units are either currently under construction or planned to get started soon in Northside, Walnut Hills, Downtown, Over-the-Rhine, College Hill, Corryville, Clifton Heights, Columbia Tusculum and Avondale.

Instead of the residences being rentals, as is the case for most other projects around the region, 2770 Observatory follows in the footsteps of 2801 Erie Avenue and Michigan Terrace, which were completed in 2009 and 2007, by injecting high-end condos into one of the city’s toniest neighborhoods.

Griewe Development has become known for high-end, urban residential projects. In Mariemont, the company has completed 106 units in the heart of the village. That overall development program has been built over four different phases including Emery Park, Nolen Park and Jordan Park.

The development team says that they are pursuing a LEED Silver certification for the Hyde Park project, and that it is being completed without any financial assistance from the City of Cincinnati.

Cincinnati-based GBBN worked as the lead architecture firm on the project, while Messer Construction has been selected to build it in conjunction with NAP. Construction work is expected to begin this week, with units becoming ready for occupancy in fall 2015.

Categories
Development News Transportation

VIDEO: UC Students, Transportation Experts Pitch Their Ideas for Wasson Corridor

As part of UrbanCincy‘s ongoing partnership with the University of Cincinnati’s Community Design Center, we gathered interested members of the public at the Niehoff Studio in Corryville on April 17 to view the work of students studying the Wasson Corridor.

As with previous events we have hosted at the Niehoff Studio, a capacity crowd attended to not only view the student work, but also participate in a panel discussion with regional experts on the topic. At this event, UrbanCincy‘s Jake Mecklenborg moderated the discussion.

The topic of discussion and the proposals put forth by the interdisciplinary students carried even greater weight as the City of Cincinnati allocated $1.9 million for a variety of bike projects, including $200,000 for the Wasson Way Trail. The City has also recently made an offer to purchase the Wasson Corridor for $2 million from Norfolk Southern who abandoned the rail line years ago.

While the Wasson Way Trail envisions a recreational bicycle and pedestrian trail running along the Wasson Corridor, many now view it as a component of a multi-modal transportation corridor that includes a long-planned light rail line.

Mayor John Cranley’s (D) administration appears to be focused on investing in recreational bike/ped trails, which is good, but the development of the Wasson Corridor should include both the proposed recreational trail and room for light rail tracks.

Fortunately, what was once viewed as a project that pitted light rail advocates against biking advocates has changed drastically since UrbanCincy‘s controversial editorial on the matter in 2012. There now appears to be broad consensus from both sides that the corridor should be developed in a comprehensive, multi-modal fashion.

Categories
Business Development News

Indianapolis Developer to Continue Oakley’s Housing Boom with 272-Unit Project

Development Perspective (Buckingham)

Yet another Indianapolis-based developer is entering the hot Cincinnati residential market. This time the developer is Buckingham Companies and the location is Oakley.

According to the Business Courier, an UrbanCincy content partner, Buckingham has been eyeing the Cincinnati market for some time. They decided that now was the time to move on the seven-acre site immediately southeast from the $120 million Oakley Station development which will include nearly 600,000 square feet of office and retail space, 302 apartments and a movie theater at full build out.

The developers are citing the location’s close proximity to Downtown and the neighborhood walkability offered in now-booming east side city neighborhood as the main draws.

Buckingham hopes to break ground on the project this May and open the summer of 2015. At full build out the project will include 272 apartments in seven, three-story buildings. Residences will range from 812 to 1,600 square feet and likely cost around $1 to $1.50 per square foot.

The development says that they will pursue LEED for Homes, the U.S. Green Building Council‘s newest Leadership in Energy and Environmental Design certifications, for the project.

The site is located immediately adjacent to a freight rail line owned by CSX, and currently includes two industrial warehouse buildings and approximately 11 single-family homes along Cardiff Avenue. Both the homes and the warehouses date back to the early 1900s. Initial reports indicated that the developers may renovate one of warehouses into 41 apartments.

The project announcement comes immediately after the developers acquired seven of the properties earlier this week. Of the remaining five homes, three are held by separate, unaffiliated LLCs and the other two are listed by the Hamilton County Auditor as owned by individuals who live elsewhere.