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News

Washington Park expansion

Washington Park offers a great opportunity for Over-the-Rhine. It is a historic park that has been owned, by the City, since 1855. The park boasts Civil War monuments, a historic bandstand, and some beautifully mature trees.

On the other hand the park has been plagued with perceived safety issues and an overall lack of investment in the surrounding area. This is rapidly changing with the massive investment from 3CDC and others. New residents, businesses, and a new School of Creative and Performing Arts are all offering the park and the neighborhood a fresh chance at new life.

Washington Park Conceptual Plan – Image provided by 3CDC

Washington Park Elementary once sat on the northern most portion of Washington Park and essentially cut Washington Park off from its northern neighbors. The demolition, of Washington Park Elementary, now offers an opportunity to expand the park where the school once sat. At the same time it will allow for a potential solution to another problem for new residents, businesses, and established destinations in the area (i.e. Music Hall, Memorial Hall, etc) – parking.

The expansion plan right now is to build a garage, underneath the expanded park, that would create 600-700 parking spaces. The total project cost is pegged around $25-million and a time line for completion will be created following more community input on the final plan.

This is all made possible by a recent agreement between Cincinnati Public Schools and the Cincinnati Park Board with 3CDC. CPS has agreed to permanently transfer the title for the former school site to the Park Board.

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Arts & Entertainment Business News

Cincy Fringe Festival

The 2008 Cincinnati Fringe Festival marks the 5th year of its existence. The festival started tonight at the Art Academy in Over-the-Rhine. Over the next 12 days, Downtown and Over-the-Rhine will support 20 different venues which will play host to a variety of art including visual, performance, and film. There will also be an ongoing mural installation on the south side of the Know Theatre over the 12 day festival.

The Cincy Fringe Festival is one of 20 active Fringe festivals in North America including New York, Philadelphia, San Francisco, and Minneapolis…with the original stemming from Edinburgh, Scotland which began 51 years ago.

Organizers are still looking for volunteers to assist in various ways throughout the festival. You can get involved by signing up online (it’s very easy). Volunteers get a Fringe Festival t-shirt for signing up for one shift and get two free tickets (to any Fringe show) for every shift you sign up for after that.

There is a lot more I could ramble on about, but you can get most of the information from the website. You can order tickets, get reviews, preview shows, and much more.

Categories
News Politics Transportation

Let’s talk tax structure and streetcars

There is no doubt that residents and businesses, in Downtown/OTR/Uptown, see the value in the proposed streetcar system. It is also quite understandable that community leaders in neighborhoods like Westwood, Price Hill, and Mt. Washington may not exactly see the benefits to their respective communities.

Every community would like to have more amenities and improved services. These are the things that help make neighborhoods successful and great places to live. At the same time they understandably don’t want to see their taxes rise. So lets break down the tax structure and how the streetcar will play into this whole situation…

Residential properties are accepted losers when it comes to taxes. They simply demand far more services than they pay for in taxes. Those services (i.e. trash, police, fire, schools, etc) are made possible by those that pay exceedingly more than they demand (i.e. office, industrial).

Therefore the commercial and industrial bases are the most important tax bases to preserve and grow in order to maintain service levels for your residential base. Of the Top Ten taxpayers, in 2006, 9 were based out of Downtown* (for what I could find).

With that said, residential properties can get close to offsetting their service demands. The best opportunity for this to occur is in the most densely populated (or built) areas where economies of scale factor in big time. In Cincinnati’s case there is no other residential neighborhood that has a potentially better return on taxes than Over-the-Rhine.

Chart illustrating the functionality of Economies of Scale

These most densely built areas need to be focused on first and foremost, and need to be populated with as many people as possible. This allows you to grow your residential base without significantly growing the demand for services (in OTR’s case you may actually decrease demand for services like police and fire by repopulating the neighborhood).

So while a streetcar line only serving Downtown, OTR, and Uptown seems to only benefit those 3 neighborhoods…it is really affecting the financial stability of the entire city, and allows for a growth in tax base without a significantly higher demand for services. This means extra tax revenues can then be used for increased services and funding for the other 49 great Cincinnati neighborhoods.

*Tax data from City of Cincinnati’s 2006 Annual Financial Report (pdf 5mb)

Related reading on UrbanCincy:
Keep the heart strong

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Arts & Entertainment Business News

GoOTR 5k Run/Walk

The second GoOTR 5k Run/Walk is coming up next Saturday, May 31st. This is a great way to see the new stuff going on in OTR, get some exercise, enjoy the outdoors, and raise some money for the Over-the-Rhine Chamber of Commerce.

This year’s 5k will start at 10am at 12th & Vine (GoogleMap). There will be food, beer and plenty of fun. This year’s race and events will pay tribute to the 1-year anniversary of the Gateway Quarter. Registration is a mere $10, with the money going to the OTR Chamber (this gets you into the race and a t-shirt).

I am signed up and ready to go…and I’ll surely be sporting my new Over-the-Rhine Volunteer Ambassador t-shirt (orange with OTR Ambassador across the back).

You can register online without any processing fees (select OTR 5k run/walk for the payment reason). You can also get more information from the OTR Chamber of Commerce at 513.241.2690 or by email at otrchamber@zoomtown.com.

Categories
Arts & Entertainment Business News

Christian Moerlein favorite local beer

Well the results of April’s poll aren’t even close. UrbanCincy readers clearly favor Christian Moerlein which claimed 62% (146 total) of the votes. Mt. Carmel took second place with 17% (41 total) with Sam Adams, Hudy Delight, and ‘Nati Light rounding out the list.

I voted for Christian Moerlein but this certainly pained me because I absolutely love Mt. Carmel. The connections with Over-the-Rhine are what eventually put Christian Moerlein over the top for me.

Of the locals I rank my top three beers as:
1. Mt. Carmel Copper
2. Christian Moerlein OTR Ale
3. Christian Moerlein Barbarossa
4. Mt. Carmel Stout (honorable mention)