Tag: sustainability

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Business Development News

Why more and more companies are setting up shop in Over-the-Rhine

Color Building photograph by Randy Simes for UrbanCincy.

It’s not even close to being one of the biggest corporate relocations in town, but for Over-the-Rhine it could be a game-changer.

Core Resources Inc., a fast-growing Anderson Township construction management and development company, is pulling up its suburban stakes and moving 31 employees to the Color Building at 14th and Vine streets. It’s goodbye to four-minute commutes, hello inner city.

Core joins many other, generally smaller, businesses that are migrating back to Over-the-Rhine. Two law firms, Keating Muething & Klekamp and Barron Peck Bennie & Schlemmer, have opened satellite offices this year. Other recent arrivals include Four Entertainment Group, the operator of Keystone Bar & Grill and other urban eateries, which just moved from Mount Adams; Northpointe Group, a real estate development company; and the Brandery and other startup-related ventures.

“There’s a demand that didn’t exist before,” said Bobby Maly, chief operating officer of Model Group, a residential developer that considered moving its headquarters to the Color Building from Walnut Hills. “I think you’re going to see an increase in commercial activity over the next five to 10 years.”

If other businesses follow Core’s lead, it could mean that Over-the-Rhine’s decade or so revitalization is entering a whole new phase.

Nobody seems to keep count, but Core looks to be the largest for-profit business to move into Over-the-Rhine within recent memory. Many businesses are attracted by nearby clients, including Cincinnati Center City Development Corporation (3CDC), but for decades almost any movement by private business was in the other direction – out.

Barron Peck moved into a rented storefront on Vine Street in September, just a few doors down from Core’s soon-to-be new headquarters.

“We just wanted to be closer to all the action,” said lawyer Jonathan Bennie, whose main office is in Oakley. “We’ve managed to develop a lot of new relationships that hopefully will last a long time. It’s been a worthwhile investment so far, and we suspect it’s just going to get better.”

Businesses are definitely part of OTR’s master plan, and there are many buildings suitable for larger commercial users, said 3CDC spokeswoman Anastasia Mileham.

“We don’t necessarily have any in the pipeline at the moment, but it makes sense. It’s certainly going in that direction,” she said. “The plan is that it will be a true mixed-use neighborhood.”

‘Certainly gratifying’
Scott Stiles, the city of Cincinnati’s assistant city manager, said Core’s CEO Paul Kitzmiller approached him months ago, and he assured Kitzmiller the city would work with him.

“It’s important that a company like his is willing to look at Over-the-Rhine. Hopefully that validates some of the investment we’ve made down there. It’s certainly gratifying,” Stiles said.

Core is getting a tax break from the city – an investment reimbursement based on 55 percent of the earnings taxes paid by its employees for five years. It’s worth an estimated $114,000, still to be approved by City Council.

Not that Core Resources is venturing into unknown territory. It has worked on many downtown restaurant projects, and for the past year it’s been renovating the Color Building for 3CDC, now its landlord.

“The more we got involved with the project and got to know this building, we saw how special it was,” said Kitzmiller, who is co-owner of Core with his brother Dave Kitzmiller, its chief operating and financial officer.

“A company like ours coming to Over-the-Rhine validates what 3CDC has been trying to do – that it’s OK to be in Over-the-Rhine,” Paul Kitzmiller said. “We also felt the move would enhance our relationship with 3CDC.”

This story was originally published in the December 7, 2012 print edition of the Cincinnati Business Courier, and was written by Jon Newberry. UrbanCincy readers are able to access this story in its entirety through our exclusive partnership with the Business Courier. Those interested in accessing all of the Business Courier‘s premium content can do so by subscribing through UrbanCincy‘s discounted rate.

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Development News Transportation

Two Cincinnati projects make Sierra Club’s list of best, worst transportation investments

The Sierra Club has released their annual report ranking the best and worst transportation projects in the country. Smart Choices, Less Traffic: 50 Best and Worst Transportation Project in the United States provides a brief summary of each project included in their list, and a description as to why the project received its ranking.

The purpose of the report, the Sierra Club states, is to bring light the more than $200 billion worth of transportation projects that advance each year, and identify which of those meet higher national goals of “reducing oil consumption, increasing safety, improving public health, and saving local, state or federal government – and citizens – money.”

The State of Ohio had only two projects that made it into the Sierra Club’s 2012 report, and both were from the Cincinnati region.

The first was the Eastern Corridor project which was identified as one of the nation’s worst projects, with the report stating:

The Eastern Corridor Highway in Cincinnati, Ohio was first proposed in 1999 when the price of gas was $1.14. The project is currently under study, with plans to convert a road into a 10-mile, four- to six-lane expressway. The Highway poses a significant threat to the scenic Little Miami River. The route parallels the river and plans to cross it in an ecologically threatened area, where numerous rare, threatened and endangered species live. Furthermore, the highway will slice the historic village of Newton in half, which would disrupt the community and its tax base, adding traffic and pollution. The village’s mayor has been an outspoken critic of the project. The highway project is expected to cost upwards of a billion dollars.

The second area project that made it onto the environmental organization’s list is the Cincinnati Streetcar, which they called one of America’s best transportation projects.

The Cincinnati Streetcar is a new electric streetcar project that will connect key communities in the city’s urban core while improving neighborhood accessibility, stimulating development, and creating jobs. The streetcar system will go from the River to the Zoo, University, and hospital area. There are currently more than 500 vacant buildings along the streetcar’s 4-mile route. The streetcar will help attract residents and businesses to these rehabbed buildings, putting people to work and boosting the city’s tax revenue. Streetcars will increase accessibility and active transportation in the region by creating denser, more walkable, mixed use development. The streetcars are designed to accommodate both wheelchairs and bicycles and will serve as a complement to the city’s existing bus transit. Construction began in February 2012 and the streetcar is expected to open in 2014.

The full report identifies a wide range of projects including highways, bridges, mass transit, active transportation, aviation, aquatic, and multi-modal investments. Projects of all varieties made it onto both the good and bad lists, but the Sierra Club largely favored transit and active transportation projects over highways and bridges.

“Americans are struggling with the health, climate, and economic costs of our oil-centered transportation system,” the report states. “Our transportation investments should provide an opportunity to further reduce our dependence on oil, reverse climate disruption, and save money. Because transportation infrastructure lasts for decades, the impacts of transportation investments are felt for many years to come, with huge consequences for America’s ability to move beyond oil.”

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Business Development News Politics

Cincinnati aims to further incentivize green building

The City of Cincinnati will announce proposed amendments to its tax abatement program for buildings built in adherence to Leadership in Energy and Environmental Design (LEED) standards. Sponsors of the changes say that the amendments will further incentivize developers to reach for even higher LEED certifications.

“I think this change by the City will convince people to invest a little more upfront to get to a higher LEED level,” Marc Hueber, president of John Hueber Homes, which has built 22 LEED-certified homes in Cincinnati, stated in a prepared release.


Mayor Mark Mallory (D) makes a statement at the ribbon cutting for Over-the-Rhine’s first LEED certified residential project in 2009. Photograph by Randy Simes for UrbanCincy.

First approved in 2009, Cincinnati’s incentives offer a 15-year, 100% tax abatement valued up to $562,792 on new residential construction; and a ten-year tax abatement on improvements up to a maximum of $562,792 market value, and are considered to be among the most generous in the United States.

Once of the constant criticisms, however, of LEED incentives is that builders go after low-hanging fruit and end up more often than not developing properties at lower LEED levels. Cincinnati’s present incentives do work to combat that by removing the value limit for new and rehabilitated residential structures that achieve LEED Platinum certification.

“My family invested in building a LEED Gold home in Cincinnati in 2011, so I’m aware of how tweaking our LEED program will benefit consumers and our entire community,” said city council member Laure Quinlivan (D), who sponsored the changes.

Community leaders will gather with members of the development community tomorrow in Northside at 10:30am to announce the proposed changes, and city officials will be on-hand to answer any questions about the amendments to residential and commercial abatements.

Following the announcement, council member Quinlivan says that she intends to bring up the amendments in City Council’s Strategic Growth Committee at noon, and act to implement the changes at that time.

“The City of Cincinnati’s LEED tax abatement is an innovative model—and currently unparalleled in scope—to support energy and resource efficiency in homes and buildings,” says Doug Widener, director of community advancement for the United States Green Building Council (USGBC). “The program serves as a model for other cities and the proposed changes ensure that it remains at the forefront of such municipal efforts nationally while continuing to drive conservation and innovation locally.”

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Business Development News

Officials celebrate completion of nation’s largest green renovation of affordable housing

Photograph by Alexis Barnes.

The Secretary of Housing and Urban Development (HUD), Shaun Donovan, is in Cincinnati today to celebrate the completion of the newly redeveloped housing project called the Villages at Roll Hill. The project, which was once known as Fay Apartments, is being heralded as the largest green renovation, affordable housing project in the country.

Developers Wallick-Hendy state that they intend to apply to the U.S. Green Building Council (USGBC) to obtain LEED certification on the project.

Redevelopment of the long-stalled neighborhood had begun in earnest in 2010 after years of setbacks and delays. As disclosed by UrbanCincy in 2010, developers were able to tap a variety of funding sources to get the project off the ground including a $32 million loan from HUD and a $3.2 grant from City HOME. The City of Cincinnati also granted an eight-year tax abatement on the renovated units.

The rehabilitation included the demolition of 17 buildings on site and reduced the number of housing units to 703. The upgrades also include landscaping, security, tree installation, a new playground and other improvements.

The Villages of Roll Hill is located along Baltimore Avenue on the west side of Cincinnati. The housing development debuted in 1962 as a promising new city neighborhood with over 1,025 market rate apartments. The development was owned and operated by HUD but was bought by the City in 1982.

By 1986, the City sold the struggling development to Stern-Hendy due to promises to invest millions in rehabilitating and repairing the complex. By 2005, however, there were only 112 market rate apartments left, 650 were rented to Housing Choice Voucher recipients (Section 8) and 128 were rehabilitative housing operated by Cincinnati Metropolitan Housing Authority (CMHA).

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News Transportation

Zipcar expands Cincinnati offerings to Downtown, Over-the-Rhine

Yesterday, Mayor Mark Mallory (D) announced that Zipcar was expanding its car sharing service in Cincinnati to the Central Business District and Over-the-Rhine.

“Partnering with Zipcar here in Cincinnati is an excellent opportunity to reduce congestion and parking demand, save people money, and provide access for people who would otherwise not be able to go about their day-to-day activities,” Mayor Mark Mallory said.

Until recently, Zipcar had only been available in big cities with more comprehensive mass transportation options; however Zipcar began testing its service with University of Cincinnati students and faculty last year. The initial service has blossomed into the full service being announced today.  Three “pods” of two cars each will be located in both neighborhoods as well as the two University of Cincinnati locations.

Driving a Zipcar requires a membership which can be obtained through their website. From there, members reserve a car for a certain amount of time and use it during the day. Members then use a key card or their smartphones to gain access to the designated car. Rates on Zipcar vehicles in Cincinnati start as low as $8.50 per hour and $69 per day. Gas, reserved parking spots, insurance, roadside assistance and up to 180 miles per day are included in the hourly and daily Zipcar rates on all Zipcar vehicles. Cars can be reserved for time periods as short as an hour or for up to several days.

Users of smartphones such as iPhones and Android devices, may download the Zipcar mobile application to make reservations, lock and unlock the vehicles as well as honk the horn to help locate the vehicle. Members can also use Zipcar’s “Reserve a Zipcar” app on Facebook to view available Zipcars and make, extend or cancel a reservation all from their Facebook account. Reservations can also be made over the phone or by using the Zipcar website.

The introduction of Zipcar could bring car sharing closer to reality city employees as well. As previously reported by UrbanCincy, the City of Cincinnati has been investigating ways  to reduce its city-owned fleet and instead use car-sharing services such as  Zipcar for certain city departments. This idea may gain some traction as City Council moves into budget season and begins to look for ways to close this year’s budget gap.

It had also been recently mentioned as a policy point by City Councilmember P.G. Sittenfield (D) in a recent e-mail. In it he states, “our fleet must more precisely match the need, and we should ensure that we are optimizing car-sharing and minimizing fleet that sits idle.”

City officials have disclosed to UrbanCincy that utilizing the car sharing service will allow the city to reduce the number of pool cars the city owns.