Tag: planning

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Business Development News

New year brings heightened expectations for 3CDC

The Cincinnati Center City Development Corporation (3CDC) has helped spark a transformation of Cincinnati’s urban core in less than 10 years. To date, the non-profit development group has largely been defined by the success that has taken place on and around Fountain Square and the Gateway Quarter for which they are responsible.

Since their founding in 2003, 3CDC has invested more than $250 million into the center city. That investment has led to the renovation of scores of new restaurants and bars in the on and around Fountain Square, hundreds of new residential units and dozens of new businesses in Over-the-Rhine, and the renovation and expansion of Washington Park which is now underway. Even with all of that work to date, the development group says that they are only just now getting started.

“2010 was certainly a watershed year for us,” said Stephen Leeper, president and CEO of 3CDC. “Our development agenda has expanded to more complex real estate transactions. The physical assets we own, lease and/or manage continue to grow.”

In 2011 3CDC will get started on the long-anticipated, $51 million Mercer Commons development that will renovate 20 historic structures and infill 26 existing vacant lots in a two-block area of Over-the-Rhine. The group will also renovate a cluster of buildings along 6th Street into entertainment and office space, and a $48 million project will transform the former Metropole Apartments on Walnut Street nearby into a 21c Museum Hotel.

Some neighborhood residents and business owners do hope for additional neighborhood involvement on the part of 3CDC as they continue their efforts.

“I would like to see some sort of movement toward helping those being displaced obtain the skills or education to earn enough to be able to live in the new Over-the-Rhine,” said Original Thought Required owner James Marable. “I fear the area could become overdeveloped and lose the culture that makes OTR, OTR without them.”

With that said Marable welcomes the additional investment and see a bright future for the neighborhood he now calls home and operates his own small business.

“The amount of investment is a very good thing for the area. I’ve been in Cincinnati for ten years and the first five years of that I wouldn’t step foot in OTR,” Marable explained. “Now I am entrenched in the area and feel as much of a part of it as it is a part of me. I believe all the investment and hard work of the small business owners and development companies are paying off 10 fold and not only making OTR better but providing a shining light for the type of change the entire city should be working towards.”

The $48 million renovation and expansion of Washington Park is expected to be complete in 2012. And in addition to all of that, 3CDC is requesting $85 million in federal tax credits to keep the momentum rolling.

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Business Development News

OTR leaders look to past for Brewery District’s future

In 2006 volunteers and community leaders developed an urban master plan for Over-the-Rhine. The plan developed goals and strategies to help reinvigorate the historic neighborhood, but now a familiar group of community leaders is looking to take the plan to the next level.

The new planning effort announced today by the Brewery District Community Urban Redevelopment Corporation (BDCURC) and Glaserworks will focus on the northern part of the neighborhood surrounding Findlay Market and the Brewery District. Organizers say that the goal is to take a more targeted economic approach.

“This is not really a comprehensive master plan, but rather a process to form a development plan for the area,” explained BDCURC executive director Steven Hampton. “We’ve got different buildings and building heights than the rest of OTR, and we are looking at how we can best use those assets.”

The 2006 plan, for which this planning effort is based, called for a number of items that have since moved forward including the Cincinnati Streetcar, Urban Mix Zoning District and the branding of the Brewery District. Still though, leaders say more needs to be done for the historic sub-area of OTR which includes an estimated 44 structures that were at one point used for beer brewing purposes.

“We’ve had some good successes being a volunteer group with virtually no budget, but now we are looking for official partners like Glaserworks and funding options for this next effort”

There is reason for hope in this long beleaguered area of Over-the-Rhine though. Rookwood Pottery and Christian Moerlein have opened up major operations in the area, and Findlay Market has experienced tremendous success over recent years. Hampton also says that the future of the area with the streetcar looks bright.

“As a whole everyone has struggled with the economy, but there has been more interest as the streetcar gets closer to fruition,” Hampton said. “We’re getting closer from a couple of different angles, and a lot of smaller investment has kept the area moving forward.”

The planning effort will start in earnest this spring and will look to capitalize off of the neighborhood’s existing urban assets. True loft-style residences, hillside development, large warehouses and typical Over-the-Rhine building stock all exist in the northern reaches of the neighborhood. And this is where community leaders believe the future lies.

“You’re going to see a neighborhood that’s really a mixed-use, walkable neighborhood which has protected its industrial and small businesses while also bringing in new ones,” Hampton concluded. “We’re not reinventing the wheel here. This is how the area is built, and that’s how it will continue to function. We’re just hoping to capitalize on that.”

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News Transportation

Cincinnati to install second on-street bicycle corral in OTR

Cincinnati’s second on-street bicycle parking facility will be installed on Main Street in Over-the-Rhine (OTR) this week. The on-street parking is part of the city’s overall effort to dramatically improve its bicycle infrastructure over the coming years.

The new on-street bicycle corral will be installed just south of Park+Vine (map) and will accommodate 14 bikes. City officials say that the bike corral has been ready since November 2010, but warmer weather was desired for installation.

“Bockfest seemed like the perfect opportunity to showcase the burgeoning use of bicycles in Over-the-Rhine,” explained Department of Transportation & Engineering (DOTE) planner Melissa McVay. “This will also be a great way to demonstrate the City’s support for bicycles as a viable means of transportation.”

The location is currently a no parking zone and will avoid the loss of any on-street automobile parking spaces. Fabrication, of the bike corral, was performed by Cincinnati-based Vulkane Industrial Arts. The first corral installed in Northside last year cost $1,000, while the new OTR corral cost $4,000.

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Business Development News Transportation

$122M urban stream reclamation project includes potentially huge impacts

The Cincinnati Business Courier is reporting that city and municipal sewer district officials are looking at a bold project that would completely transform South Fairmount, reclaim a currently buried creek, and solve the county’s largest combined sewer overflow (CSO) problem site.

Located at the western end of the Western Hills Viaduct, South Fairmount has been in an extended state of struggle. Vacancies and low property values plague the small neighborhood, and investments to rebuild Queen City Avenue have done little to spark new investment. But now officials are looking at a $122 million plan they hope will finally reinvigorate the area.

The crux of the five plans presented to community members is to fix a long-standing CSO problem which results in 1.7 billion gallons of dirty water flowing into the Mill Creek annually. In order to solve the problem engineers and planners would remove an underground sewer pipe dating back to 1910, and replace it with separate underground storm sewers and a reclaimed natural stream above.

The majority of the plans also call for a rebuilt park and recreation area, bike and walking trails along the reclaimed stream, potential mixed-use infill, civic gathering space and even a small lake at the eastern end of the project site.

While all of this immediately sounds exciting, there is an existing neighborhood located in this location. Dozens of historic structures, a park, businesses and residents would all have to be relocated during the potentially decade-long rebuilding project. Officials have begun acquiring land in the area already, and the city owns a good deal of land in the project site. Additionally, eminent domain is already being discussed for what is identified by the U.S. Environmental Protection Agency as a critical problem.

The impacts of such of project could and will be profound if it becomes reality. More than 40 acres of urban land would be completely rebuilt in what is considered to be the largest stream reclamation project, intended to solve a CSO problem, ever.

Cincinnati Vice Mayor Roxanne Qualls also sees the massive project as an opportunity to create a bus rapid transit center in South Fairmount that would connect the city’s western neighborhoods with uptown.

“For a community that’s been racked by poor transportation choices and declining homes and businesses that left, it would be a significant economic development project. This could be a really thriving community,” Qualls told the Business Courier.

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Development News Transportation

Cincinnati Streetcar project identified as regional priority by OKI

Cincinnati’s federally-mandated and federally-funded transportation policy-making organization, Ohio-Kentucky-Indiana Regional Council of Governments (OKI), approved $4 million for the Cincinnati Streetcar project in May 2010. Now, OKI has unveiled a new video that discusses the highlights of the modern streetcar system and why it was the recipient of the money.

The funds OKI approved came through the federal government’s Congestion Mitigation/Air Quality (CMAQ) program. At that time, the Cincinnati Streetcar project was the highest scoring of 14 total transportation projects being considered for the money.

Within the video, OKI highlights the appeal of connecting the region’s two largest employment centers, encouring redevelopment of historic Over-the-Rhine and then further expanding the system so that it reaches other areas including Northern Kentucky.

Cincinnatians For Progress will be hosting a kick off party and fundraiser at Grammer’s (map) tonight from 5:30pm to 8pm. The event will feature happy hour specials all night and is expected to have a large turnout of those interested in learning about how they can support the Cincinnati Streetcar and potential light rail transit in the region.