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Up To Speed

Washington Park at the forefront of Cincinnati’s revitalization

Washington Park at the forefront of Cincinnati’s revitalization.

Thousands of Cincinnatians have already experienced the newly reopened Washington Park for themselves, but some have not. For those that have not, it is past time to go check out the changes taking place in Over-the-Rhine, and see how the renovation and expansion of Washington Park will serve as a new center. More from The Atlantic:

The neighborhood [Over-the-Rhine] does seem to be on its way…The new Washington Park should help tremendously. The green space has been expanded from six to eight acres, and the amenities include a dog park, interactive water fountains, refreshed public restrooms, a concession building, a “civic lawn” that will host concerts and events, shade from the summer sun, and a kids’ section, according to friends at the Over-the-Rhine blog, which is also the source of the new photos accompanying this post.

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Business Development News

City leaders partner with Walnut Hills to advance two-way street conversions

Peebles Corner was once the scene of Cincinnati’s original uptown; however, the Walnut Hills neighborhood began to decline as people moved further away from the center city. The quality of the neighborhood’s historic fabric still echoes that grandeur.

Neighborhood leaders have now become accustomed to people driving past many of these buildings along McMillian Avenue, past Interstate 71 (I-71), at a speed much faster than the posted speed limit of 30mph. The one-way street allows drivers to move through Walnut Hills at a speed that threatens pedestrians and makes the business district an unpleasant place for someone to linger.

The negative impacts of one-way streets through urban neighborhoods have been long documented, and cities across the country are beginning to convert these stretches of roadway back to two-way traffic. Thus far there have been encouraging results.


Two-way street cross section for Walnut Hills. Rendering provided.

“The street design should help make the Walnut Hills business district a destination again, instead of serving as a raceway through the neighborhood,” said Vice Mayor Roxanne Qualls (C) in 2010 after introducing a motion to move forward with additional study work.

Qualls also believes that while streets should serve local traffic, they also need to create an atmosphere where people can live, work, shop, walk and bike safely.

In June 2012, Cincinnati City Council’s Livable Communities Committee met to discuss the proposed conversion of McMillian Avenue and William H. Taft in Walnut Hills. The conversion, which has been approved and will start this fall, will be in place on both streets east of I-71. Department of Transportation & Engineering (DOTE) officials and consultants from URS Corporation briefed the committee on the reconfiguration of both streets.

Kevin Wright, Executive Director of the Walnut Hills Redevelopment Foundation sees the change as part of a broader strategy to revitalize the Peeble’s Corner Business District.

“We think the two-way conversion is going to be a huge help in terms of both physical and economic development, but it’s important that we don’t view it as a panacea,” Wright told UrbanCincy. “Transportation improvements like this are essential to redevelopment efforts like ours, but in order to create real change we will also need to focus on safety, cleanliness, design, business development, and physical development; all of which we are working on now.”

The recommendation to transform the two streets in Walnut Hills came from the Uptown Access Study which examined the idea. Since that time, the City of Cincinnati has conducted eight public meetings on the issue, and looked at possible alternatives, like adding bicycle lanes to both streets.

The final choice made by the City was focused around maintaining traffic flow from the western portions of both streets across I-71, and eliminates parking on one side of the street.

“The design isn’t perfect, but is still a big step in the right direction,” explained Wright. “It is our hope that the corridor will look completely different two to three years from now, and that the city will look to make some modifications to the design of the street at that time.”

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Business Development News

Second phase of construction looms for The Banks

With the phase 1A of The Banks development now at capacity, the development team is gearing up to start construction on the next wave of vertical construction.

Project officials now say that there is a 60-person waiting list for the 300 apartments and 92 percent of the 96,000 square feet of retail space at The Banks are occupied. At the same time, the City of Cincinnati and Hamilton County have finished work on the public infrastructure that will lift future phases of The Banks out of the Ohio River’s 100-year flood plain.

Developers are optimistic that work can soon begin on phases 1B and 1C which include an office tower at Second Street and Walnut Street, and a hotel at Freedom Way and Main Street.


Phase 1A of The Banks development is already at capacity, and investors are gearing up for construction of the next wave of buildings. Photograph by Jake Mecklenborg for UrbanCincy.

“We are in active discussions with potential hotel developers, and we’ve been out there trying to sell that office pad site,” explained Libby Korosec, Public Relations Representative for The Banks development team. “The office market is tough in downtown Cincinnati right now with the Great American Tower coming online.”

Korosec says it will more than likely take a 60 to 70 percent pre-sale on the office building to make it a reality, but that they are moving forward with plans for phase two which will include another 300 apartments and ground level retail.

The second phase of work will take place along Vine Street in between Second Street and Freedom Way, and work is expected to break ground in December 2012. In addition to phase two work, passerbys will most likely see work begin on the second restaurant building pad in front of the National Underground Railroad Freedom Center in the near future.

“The Freedom Center pads are part of phase one work, and we are in active discussions for the other pad site to compliment Yard House,” Korosec told UrbanCincy.

While phase 1A retail is nearly fully leased, all of it is occupied by bars and restaurants. In early 2012, the project’s commercial leasing agent said that has been the target tenant thus far, but the development team is now saying there may be some flexibility to that leasing strategy.

“Phase two will be mixed with retail of some type, but we’re not sure if it will be the same mix as phase one, or more of a service retail mix to service The Banks and Downtown,” Korosec clarified. “We’re out there right now taking a look at what that mix is, and what kind of density we want to build.”

Once complete, The Banks will be the region’s largest mixed-use development and will house more than 3,000 new residents. The economic impact of phase 1A work is already estimated at more than $91 million annually – a number that will grow to $276 million once the office tower and hotel are complete.

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Up To Speed

SouthShore developers finally begin work on $15M second phase

SouthShore developers finally begin work on $15M second phase.

Developers that brought Newport its first high-rise tower have begun construction on the project’s long-awaited next phase. Originally planned to include a second condo tower, the second phase will now boast rental units in a linear five-story building. More from the Cincinnati Business Courier:

Capital Investment Group Inc., the Cincinnati development company that developed SouthShore Condominiums, is starting on the second phase of the development, to be called Vue 180. The 93 rental units will be built above structured parking.

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Up To Speed

Cincinnati’s decades-long population loss may be stabilizing

Cincinnati’s decades-long population loss may be stabilizing.

After the Census Bureau delivered sobering population numbers to city officials as part of the 2010 Census, it now appears that Cincinnati’s population loss may finally be stabilizing. More from the Cincinnati Enquirer:

New estimates released calculate that Cincinnati now has 296,223 residents, for a decline of 0.2 percent from April 1, 2010, to July 1, 2011…The 2010 Census showed Cincinnati lost more than 10 percent of its population from 2000, falling below 300,000 people for the first time in more than a century.