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Development Opinion

IMAGE: Cincinnati To Grow Taller in the Coming Years

In just a few years time the Cincinnati’s center city could reach new heights with thousands of new residential units, several new hotel and office towers.

Last year, UrbanCincy analyzed the rate of tower construction in Cincinnati by decade and found that the 1960s through the 1980s saw the most tower construction of any decades in the history of the city. At that time, UrbanCincy counted six proposed towers into the tally for this decade, but our new list includes six more that we had not considered at that time.

Center City Cincinnati in 2015

In an effort to track the visual transformation of downtown Cincinnati,  we at UrbanCincy have used GoogleEarth to help track the dramatic new additions to the city’s downtown. Below is a compiled listing and description of these redevelopment projects:

  • dunnhumby Centre: A nine story office building located at Fifth Street and Race Street that will serve as the North American headquarters for dunnhumbyUSA.
  • Fountain Place Apartments: Late last year the Business Courier reported that Towne Properties was looking to construct an apartment tower over the building currently housing Macy’s department store. The tower could contain up to 225 apartment units.
  • Fourth and Race: Indianapolis developer Flaherty & Collins recently won approval from the city to move forward in constructing a 30-story residential tower with a grocery retailer on the first floor. The existing garage and attached skywalks will be demolished.
  • The Banks Phases 1B and 1C: Developers of The Banks are actively looking for an anchor office tenant to begin construction of a 13-story office tower at the corner of Second Street and Walnut Street. They are also looking for a hotel chain to construct a mid-rise along Joe Nuxhall Way and Freedom Way.
  • The Banks Phase 2: Development should begin by the end of the year on a 10-story apartment building housing 300 apartment units. This development will also include a future office building on the Vine Street side. The Carter-Dawson development team revealed their phase two designs to UrbanCincy last October.
  • Apartments at Seventh Street and Broadway Street: Announced in March, this apartment development will be constructed above an existing parking garage that was recently expanded by the city a couple of years ago. The development will have 110 apartment units.
  • Holiday Inn and Sycamore Street Garage: Part of the city’s Parking Modernization & Lease agreement includes the demolition of an aging city parking deck that will clear part of the site for construction of a 11-story Holiday Inn hotel. A 7-story garage with street-level retail will replace part of the old garage and the former American Red Cross building.
  • One River Place: The former condo project at the foot of the Purple People Bridge has extended its development approval with the city late last year and expressed an interest in developing as an apartment project. No number of units has been identified at this time.
  • Western & Southern Tower: With the resolution of litigation regarding the Ann Louise Inn, Western & Southern Financial Group will be able to move forward with plans to build a long planned tower at the site of the parking garage with the spinning clock. There are no renderings available as of this date so the model in the picture is a placeholder designed by the UrbanCincy team.

Of the nine towers on this list, six are recent additions to the tower listing compiled last year. Cincinnati is now poised to add 15 towers to its collection this decade, putting it dead even with how many the city added in the 1970s. Since many of these will be completed within the first half of this decade, it may be safe to assume that the city will add even more by decade’s end and approach the 1980s rate of tower construction.

While these new buildings may soon be added to downtown Cincinnati’s cityscape, other buildings are undergoing transformations including these following projects:

  • AT580: The renovation of an existing office building on Sixth Street, between Walnut and Main Street, into 176 apartment units, office and ground level retail. A steakhouse has already committed to the crucial corner spot of Sixth Street and Walnut Street.
  • Bartlett Building: This historic building, constructed and designed by Daniel Burnham has sat vacant as the bank foreclosed on the property owner during the recent financial crisis. The building’s new owners have recently received historic tax credits and city assistance in converting the building into a Renaissance Hotel.
  • Old Enquirer Building: Once slated to become condo’s prior to the recession, developers have recently begun construction of a dual brand hotel concept.
  • Terrace Plaza Hotel: The historic modernist building, which closed its doors in 2010, was recently sold. No word yet on whether their are plans for redevelopment of the building.

Half of the projects listed here are slated to start construction this year, adding an infusion of new residents and visitors to the Central Business District. The addition of these towers will not only accelerate the projected rate of tower construction in Cincinnati this decade, but it will also add fuel to the fire of the city’s ongoing renaissance.

And of course, none of this includes any of the any of the investment that is adding thousands of more residences, office and retail space, and hotel rooms throughout the city’s other neighborhoods. They just happen to not be taller than 100 feet in height.

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Up To Speed

Immigration Can Stabilize City Housing Market

Immigration Can Stabilize City Housing Market

As immigration reform is discussed on the national level, several cities have taken the lead in accepting more immigrants. This has led to an influx of population which have stabilized housing markets in several cities. A few months ago we discussed this issue on the UrbanCincy podcast and examined how the issue is affecting Cincinnati.  More from the Atlantic Cities:

Broadly, this implies that immigrants help boost housing markets, in much the same way that they’ve been shown in the past to shore up aging populations where large numbers of workers are retiring out of the workforce. And they’ve had the greatest impact boosting the housing market in areas that could use it most – specifically, in shrinking Rust Belt cities, or in the deteriorating neighborhoods of major metropolitan areas where it’s elsewhere unaffordable to live.

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Business Development News Transportation

Design Options for $2.7B Brent Spence Bridge Project Narrowed

The Federal Highway Administration (FHWA) issued a “Finding of No Significant Impact” (FONSI) for the $2.7 billion Brent Spence Bridge Replacement & Rehabilitation project last August.

The finding means that the project can move forward to its next phase of work with the current proposed alignment, which is not expected to change much from this point. The alignment included in the FONSI includes a number of interesting features different from what exists on the site today.

Consolidated Footprint:
One of the most notable pieces of the plan is a consolidated footprint. While it still includes a web of ramps at the southwestern edge of the central business district, the project does eliminate a flyover ramp currently not in use, and consolidates the existing footprint of ramps leading to the new and existing bridge, and Fort Washington Way.

The approved alignment also preserves the existing dunnhumbyUSA building that was thought to be in the way for the rebuilt interstate network.

A final, and perhaps the most significant, result of the consolidated footprint is additional land along Central Avenue in between Fourth Street and Sixth Street.

This land could be used for one of a number of things, but there is currently the Cincinnati Fire Fighters Memorial at the corner of Fifth Street and Central Avenue, which could be moved south one block across the street from the Company 14 and Fire Headquarters building, and allow for the long-desired expansion of the Duke Energy Convention Center.

Leadership at the Cincinnati USA Convention & Visitors Bureau declined to comment on any plans to expand the convention center until plans are finalized for the Brent Spence Bridge project, and the agency has time to review them.

The alternatives moving forward also call for a portion of historic Longworth Hall to be demolished to make room for the new bridge. Additionally, the existing Duke Energy Substation will need to be relocated, which project officials say has already been discussed with the energy provider.

Brent Spence Bridge Design Alternative 1 Brent Spence Bridge Design Alternative 2
Design Alternative 1 [LEFT] would appear similar to the ‘Big Mac’ Bridge upriver, while Design Alternative 2 [RIGHT] would introduce a two-tower, cable-stayed bridge to the Cincinnati waterfront. Renderings provided.

Architectural Design:
While separate from the issued FONSI, project officials have also narrowed down the design options for the bridge itself. Perhaps the most eye-catching of the options, the single-tower cable-stayed bridge ($646 million), has been eliminated due to its higher safety and engineering risks.

What is left is the arch bridge design ($571 million), similar to the Daniel Carter Beard ‘Big Mac’ Bridge, and the double-tower cable-stayed bridge ($669 million). Both, officials say, would have fewer risks involved and would allow the project to move forward on a more predictable schedule.

Next Stages:
Project officials are currently finalizing action plans based on the Began Value for Money (VfM) study, and hope to begin the necessary right-of-way acquisition process this year.

Should the States of Ohio and Kentucky choose to pursue a public-private partnership (P3) financing model; officials say that they will issue an RFP for that sometime next year. Construction could begin as early as 2015 if the current schedule continues to be met.

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Up To Speed

Chicago Improves Protected Bicycle Lanes

Chicago Improves Protected Bicycle Lanes

Although protected bicycle lanes help improve cyclist safety from automobile accidents, Chicago is looking to further reduce conflicts between bicyclists and pedestrians by making some enhancements including traffic lights directed towards cyclists. These are lessons that Cincinnati may be able to implement as the city expands its bicycle network. More from the Chicago Tribune:

From 2006 to 2011, there were 1,140 reported crashes on this part of Dearborn, city records show. Pedestrians and bicyclists were involved in more than half of the accidents that included injuries.

Authorities and bicycling advocates expect accidents will decline on Dearborn and other streets that get protected bike lanes.

Categories
Development News Transportation

Bike Lanes Included as Part of Cincinnati’s Annual Street Rehabilitation Program

The City of Cincinnati kicked off its annual street rehabilitation program last week. This year’s program will focus work on 113 segments of roadway in 22 neighborhoods.

According to officials within Cincinnati’s Department of Transportation & Engineering (DOTE), the 2013 Street Rehabilitation Program will include work that replaces layers of deteriorated paving with new surfacing, fixes problem areas where needed, and then install new curb work as necessary.

While the primary focus of the program is to rebuild streets and curbs, it also offers the city the opportunity to implement components of its city-wide bike plan.

Gilbert Avenue Green Bike Lane
Recently installed bike lane with green markings on Gilbert Avenue heading south into the central business district. Image provided.

“Installing bike lanes in conjunction with the street rehabilitation program really gives us the best bang for our buck,” explained Mel McVay, senior city planner with the DOTE. “In this case, city council has already allocated money for repaving the street, so the cost to the bike program of the additional stripe for the bike lane is really minimal.”

Through this program, five streets will see new bike facilities installed over the course of the coming months as streets are rebuilt through the summer and fall.

The biggest stretch of roadway that will see a new bike facility installed under this program will be Winton Road in Spring Grove Village, where a 1.8-mile stretch will see a shared path put in place when the roadway is rebuilt.

In the West End and Queensgate, buffered bike lanes will be installed along Bank Street from Linn Street to Dalton Avenue. Meanwhile, bike lanes will be installed on Dalton Avenue between Linn Street and Eighth Street, and on Western Avenue between Hopkins Street and Findlay Street.

McVay says that the “buffered” bike lanes will include a striped buffer area of three to four feet separating the travel lane and the bike lane. Within the city, both Beechmont Avenue and E. Mitchell Avenue currently include buffered bike lanes.

The final piece of bike-related work to be completed as part of the 2013 Street Rehabilitation Program will be a climbing lane on Woolper Avenue between Vine Street and Clifton Avenue.

Additional bike projects are in the works besides the five to be completed as part of this program, but the lack of funding and political will continues to serve as barriers to doing more.

With the improvements on-tap for the remainder of this year, the City of Cincinnati will be just less than halfway toward its goal of installing 104 miles of on-street bike facilities by 2015

The Bicycle Transportation Plan, which was adopted in June 2010, includes an ultimate goal of installing 454 miles of on-street and off-street bike facilities by 2025.

“At this point, working with the street rehabilitation program is really our best opportunity to significantly increase the number of bike lanes around the city,” McVay concluded.