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Business Development News

OEDA recognizes Cincinnati for industry leading marketing efforts

The Ohio Economic Development Association (OEDA) recognized Cincinnati for its efforts in marketing and volunteerism at its annual summit held last week in Columbus. OEDA officials say that the awards program is meant to recognize the achievements of both individuals and organizations throughout the state in the areas of economic and workforce development.

The City of Cincinnati’s Economic Development Division was recognized for its new Choose Cincy website which debuted earlier this year. The new website replaces a previously buried site on the City’s main page, and has dramatically improved access to information for those interested in the economic and demographic activities in Cincinnati.

“The new website signified a huge step forward on how we communicate with the economic development community as we seek new investors and bring jobs to Cincinnati,” Interim Economic Development Director Patrick Ewing said in a release. “This will help us to further compete in a global economy.”

The other recognition went to Cincinnati Neighborhood Business Districts United (CNBDU) organization for excellence in volunteerism. Two individuals, Mike Wagner and John Price, were specifically identified for their years of service leading the non-profit group that works to improve Cincinnati’s many neighborhood business districts (NBDs).

Wagner and Price started the organization in 1993 and have helped secure roughly $30 million in City funding for nearly 200 capital improvement projects, like streetscaping work, throughout many of Cincinnati’s NBDs.

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Business News Politics

New video explains Cincinnati’s enhanced recycling program

Cincinnati recently became the largest Midwestern city to implement RecycleBank, a rewards program, as part of the city’s enhanced recycling program. The program began operating throughout parts of the city in early October, and the City has released a new video explaining all the details about the new program.

The video was produced by City Council member, and award-winning investigative reporter, Laure Quinlivan who also serves as the Chair of the Mayor’s Green Steering Committee.

“Enhanced recycling will help the environment and eventually save city taxpayers a million dollars a year,” Quinlivan said in a prepared release. “I can’t wait to get the new 96-gallon recycling cart delivered to my home so I can stop overflowing the little green bin every week.”

City officials delivered the second round of recycling carts to approximately 25,000 homes in October, and expect to complete distribution city-wide by February 2011. The first data surrounding initial operations of the new program will become available in mid-November, but Cincinnati Office of Environmental Quality director Larry Falkin believes the success can be seen on the streets.

“Driving down street routes before, I’d see a recycling bin here or there,” Falkin explained. “But now, you can see that residents are responding positively to the enhanced recycling program. The new carts now line the streets on pick up days. Residents are responding to having the option to recycle more with the new recycling carts and getting rewarded for their green actions with RecycleBank Points.”

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Business Development News Politics Transportation

UrbanCincy Q/A with candidates for Hamilton County Commissioner

Kevin Wright and David Ben collaborated on this UrbanCincy exclusive.

Next Tuesday, the much anticipated mid-term elections will be held across the country. Although there has been a lot of discussion about national politics and policy making in the mainstream press, there are many historic policy issues facing Hamilton County as well. These issues are as divisive as they are important, and they are going to require serious decisions by serious candidates.

The two men running for Hamilton County Commissioner – Chris Monzel (R) and Jim Tarbell (C) – represent two different approaches to county government. While they are both experienced politicians, they have two distinctly different visions for the future of Hamilton County.

UrbanCincy sent a list of questions to each candidate. The questions were based on issues that we thought you, our readers, would classify as the most important. Below are the questions we sent, as well as the candidate’s responses exactly as they were sent back to us.


1.  Where do you stand on the 3C Rail Project, and how are you prepared to deal with it should you be elected?

Chris Monzel: I do not support the 3C Rail Project.

Jim Tarbell: I am in support of the 3C rail project. Ohio’s $400 million investment will result in over 255 immediate construction jobs over a two-year period, and a US Department of Commerce study predicts approximately 8000 indirect and spin off jobs in Ohio. We need jobs.

According to the Amtrak report from September 2009, the 3C “Quick Start” passenger rail service will serve at least 478,000 in its first year of operation. Historically, throughout its national system, Amtrak has had steady ridership support from college students. An analysis by ODOT reveals that more than 220,000 students are within less than 10 miles from the proposed train station. Furthermore, the 3C passenger rail line runs near 40 colleges and universities.

According to a March 2009 Quinnipiac University statewide poll:

  • 73% of Ohioans ages 18-34 support passenger rail in Ohio and the 3C “Quick Start” Plan
  • 62% of Ohioans ages 35-54 support passenger rail in Ohio and the 3C “Quick Start” Plan
  • 61% of Ohioans 55 years or older support passenger rail in Ohio and the 3C “Quick Start” Plan

Furthermore, the 3C “Quick Start” Plan has received more than 200 statewide letters of support from various businesses, cities, universities and colleges, and other organizations who understand the benefits of passenger rail service in Ohio. The 3C “Quick Start” Passenger Rail Plan will connect Cleveland, Columbus, Springfield, Dayton, Riverside, Sharonville and Cincinnati.


2.  Where do you stand on The Banks project, and how are you prepared to deal with it should you be elected?

Chris Monzel: I have supported the Banks project as a current Cincinnati City Councilman and if elected as County Commissioner will continue to do so.

Jim Tarbell: I am very supportive of The Banks project. I am happy to report that Phase I is complete, ahead of schedule and under budget.

The Board of Commissioners of Hamilton County (County), the City of Cincinnati (City) and the Riverbanks Renaissance, LLC (developer) are partnering to develop the Banks Project. The Banks Project is a public improvement and mixed-use development located between the Paul Brown Stadium (to the west) and the Great American Ball Park (to the east). The Banks Project will be developed in phases over a period of approximately 15 years and will include 1,800 residential units, one million square feet of office space and more than 300,000 square feet of retail space. The Banks Project will be funded with public and private dollars. A recent article in The Enquirer reported that rental units being built are already being rented.

This will be a huge boost for the County. The added retail and entertainment venues mean additional tax dollars for the County. I believe recruiting businesses and residents to this area should be a joint venture of the City and County.


3.  Where do you stand on the Riverfront Park project, and how are you prepared to deal with it should you be elected?

Chris Monzel: I have supported the Riverfront Park project as a current Cincinnati City Councilman and if elected as County Commissioner will continue to do so.

Jim Tarbell: The Riverfront Park Project is another example of what can be done to create enduring landmarks. Not only will this be a tourist attraction, but residents within greater Cincinnati will be attracted to spend more time on our riverfront.

Phase I of Cincinnati Riverfront Park—currently under construction—will include the new Moerlein Lager House restaurant and brewery as well as a plaza of water jets with cascades of water that drop to pools along Mehring Way. There will be a grand stairway with landings at water-filled basins, a glass-floored walkway above a lower level loggia, a shade trellis, informational and interpretive displays, and public restrooms. Also part of the design is the Jacob G. Schmidlapp Stage & Event Lawn, a promenade, and within a tree grove, a monument to the Black Brigade, a floral garden and a labyrinth. The park will also feature a bike center and welcome center, and a section of the Ohio River Bike Trail.

I have a very good relationship with Willie Carden, Director of Parks, and David Prather, the project coordinator. I expect to be in close communication with them and am very supportive of their work.


4.  Given that both Louisville or Indianapolis are outperforming Cincinnati in economic indicators according to the newly released Agenda360/Vision 2015 Regional Indicators Report, do you support the idea of consolidated government similar to what is used in Louisville-Jefferson and Marion counties?

Chris Monzel: I do not support big metro-government. I do support shared-services between the county and other government jurisdictions.

Jim Tarbell: I spent an entire day three years ago with Mayor Abramson of Louisville and his cabinet specifically to study their system. I have also met numerous officers from Indianapolis over time for the same reason. I feel there is much to be gained from having an ongoing discussion with the stakeholders in Hamilton County with an eye towards taking advantage of their experience and progress. Every county, every jurisdiction, has its own challenges; but Indianapolis, for over forty years, and Louisville, for ten years, have made changes and improvements that could help here. Portland, Oregon has made similar changes. I remember one of their planners remarking that Cincinnati had considerably more resources than Portland, but that Portland simply had more of an attitude!


5.  What is your specific plan to close the stadium deficit? Does this plan completely close the projected deficit, and why/why not?

Chris Monzel: The Stadium fund is driving the county budget crisis. There are several avenues to look at to help address this. One is to work on any possibilities of renegotiating the lease.

The Bengals have put an offer on the table to renegotiate parts of the current lease. I will put the taxpayers first in these negotiations. The Bengals owner’s are part of the budget problem and must be part of the solution. I also understand the need to lower taxes in order to establish a welcoming environment for businesses. I believe in promoting home ownership, such as, a
Homearama in Hamilton County. Homearama has been held in Warren County seven (7) of the last eight (8) years.

Another option is to look at the county assets that could be sold which would generate $$ to get us out of our serious debt.

Jim Tarbell: Commissioner David Pepper and I have proposed a similar plan to reduce the debt by at least half by suspending the property tax rollback inappropriately promised over a decade ago.

The current property tax rollback, which reduced the amount of money homeowners pay in property taxes annually, would be rescinded on the value of homes over $150,000. In other words, no one would be affected unless their homes are valued over $150,000, and then only on the amount of the value OVER $150,000, putting the emphasis on higher priced real estate (whose owners have gotten the biggest break so far). The average homeowner would pay about $100 per year. This can be enacted immediately by a majority vote of the commissioners and give us a huge start towards balancing the budget. This would also put enormous pressure on the teams to play their part, with the commissioners and the public having taken the lead. There is nothing fair about this dilemma. None of us played a part in creating this crisis, but we must resolve it now and get on with moving this economy forward.

Categories
Business Development News Politics Transportation

Free interactive workshop at Union Terminal to gather public input on transportation investments

Ohio officials kicked off the first of eight state-wide public workshops yesterday in Columbus. The interactive workshops are structured to get resident input on public policy surrounding transportation investment.

The second of eight meetings will be held in Cincinnati today at Losantiville Cafe inside the famous Union Terminal building. At today’s free event guests will be treated to presentations by Cincinnati Vice Mayor Roxanne Qualls and John Deatrick who will discuss the economic development impact of The Banks development for which he is overseeing.

Ohio Department of Transportation (ODOT) organizers say that part of the focus will be on how to better create jobs through transportation investments. Officials say that the discussions are part of ODOT’s Go OHIO Transportation Futures Plan which is examining how the state invests in all modes of travel and shipping including highway, air, rail, transit, water, pedestrian and bicycle. From there officials hope to better align those various modes of transportation investments with job creation, economic development and overall quality of life.

“Transportation has always been a driver of jobs and economic development for Ohioans,” described ODOT director Jolene M. Molitoris.

The U.S. Department of Commerce reports that approximately eight percent of Ohio’s private sector jobs was linked to the manufacture of exported goods in 2008, with approximately $45.6 billion in total export value during the same time according to data from the U.S. Census Bureau.

ODOT officials believe that the state’s seventh highest ranking nationally for value of goods exported to international markets, the nation’s fourth largest interstate highway system, the fourth most tonnage of goods moved through its waterways, and the third most active freight rail mileage in the nation speak highly to the ability to leverage transportation investments into economic development.

“The timing for this effort couldn’t be better with a report out of Washington showing that infrastructure investments can and will raise economic growth and productivity,” said Molitoris.  “Low construction costs mean we can do more than ever before with our resources and at the same time create more good-paying Ohio jobs.”

The free event at Cincinnati Union Terminal (map) will take place from 6pm to 8pm with registration at 5:30pm. Reservations are not required, but those interested in attending are encouraged to RSVP by emailing go.ohio@dot.state.oh.us.

Categories
Business Development News Politics

Hamilton County leaders eye land banking as potential cure for area’s housing woes

Our nation’s housing crisis and subsequent economic recession has led to an enormous increase in housing vacancy, abandonment, and foreclosures across the country. Hamilton County is no exception; the crisis has left many in the region homeless and has put a fiscal burden on local governments across the region, leaving them with the multifaceted challenges associated with widespread vacancy.

In many cases, property vacancy creates a domino effect that leads to further desertion and vacant properties within a neighborhood. This not only results in less tax revenue for cities; vacant property can also lead to increased rates of crimes such as drug dealing, prostitution, and arson. Because vacant property damages are so extensive, it is becoming more and more important for a metropolitan area to have a mechanism in place to transfer vacant property to owners who can/will pay taxes and redevelop the property.

A land bank is a tool that is growing in popularity, and on Tuesday morning local governmental and nonprofit leaders met to discuss how a Hamilton County land bank should be formed, funded and operated.

In April, Ohio Sub House Bill 313 was passed, enabling Ohio counties to create a Land Bank/County Land Reutilization Corporation (CLRC). The purpose of the CLRC is to facilitate the acquisition, reclamation, rehabilitation, and reutilization of vacant, abandoned, tax-foreclosed, and other real property. While there are still many steps that need to be taken before the CLRC is fully functional, county officials are hoping to have the land bank chartered by the end of the year.

Although no specific funding decisions were made at the meeting, there are multiple ways the CLRC can be supported fiscally. For example, the treasurer could recapture penalties and interest on delinquent taxes and assessments on behalf of the CLRC, the group could generate revenue from the resale of rehabbed property, and/or the CLRC could be authorized to issue bonds, accept gifts, and apply for grants. The recently announced NSP3 dollars can also be used to acquire homes for the CLRC.

Not only will the land bank help to address vacancy problems regionally, it will also give local CDCs and nonprofits a chance to obtain blighted property before private out-of-town investors. With a broad jurisdiction, the CLRC will be able to acquire both mortgage foreclosed and tax foreclosed properties. Moreover, the legislation allows land banks to waive delinquent taxes owed in order to clear the title on the property. This tax abatement component is crucial because often the taxes owed on abandoned property are more than the property’s actual market value.

At Tuesday’s meeting, there was a clear consensus that the land bank not just be a pilot program, but instead be a comprehensive and wide-ranging tool that helps to alleviate one of our region’s most pressing problems.

“The Board of County Commissioners want to ensure that the way this is set up is consistent with the community’s vision,” Assistant Hamilton County Administrator Jeffery Aluotto stated on Tuesday. “Land banking holds a great deal of promise as a means of addressing the increase in vacant housing stock we have seen since the recession, and the direct impacts that those vacancies have on the quality of life and economic vitality of our communities.”

With successes in Cuyahoga County and Gennessee County, Michigan, local leaders have high hopes for the potential impact that the CLRC can have on our region.

UrbanCincy will continue to follow this story as it progresses in the coming months.