Tag: university of cincinnati

Categories
Up To Speed

Will $25M cash payout from Big East fast-track Nippert Stadium renovation?

Will $25M cash payout from Big East fast-track Nippert Stadium renovation?.

The University of Cincinnati has been trying mightily to get out of the collapsing Big East Conference, but its lack of options to-date might result in a big-time payout for its athletic program. With as much as $25 million in cash heading to Clifton, might this fast-track the $75 million renovation and expansion of Nippert Stadium? More from CBS Sports:

Big East leaders met Friday afternoon in Atlanta to discuss, among other things, the withdrawal of the Catholic 7. No deals regarding the new basketball-centric league or reported sale of the “Big East” name were finalized, but Blaudschun reports that the current “football faction” will have a cash fund of “close to $100 million for distribution.”

The $100 million total is a combination of nearly 70 million dollars the Big East has and will collect in exit fee money from schools that have left or have announced they are leaving and another total of approximately $30 million which will come to the Big East offices from the NCAA as “unit” shares for conference teams participation in the NCAA men’s basketball tournament.

Categories
Business News Transportation

Metro to Break Ground on $6.9M Uptown Transit District this April

Regional transit planners are looking to take advantage of growing ridership around Cincinnati’s second largest employment center by developing what will become the bus system’s secondary nexus.

Officials from the Southwest Ohio Regional Transit Authority (SORTA) say that construction will begin on the Uptown Transit District, a collection of four new transit hubs throughout Uptown, in the coming months.

The new hub is intended to serve Cincinnati’s uptown neighborhoods which create the region’s second largest employment center with more than 50,000 jobs. Many of these jobs are associated with the region’s largest medical institutions and the University of Cincinnati, and even though the area is served by a variety of Metro buses, it has been difficult for transit riders to find or coordinate transfers between buses.

Jefferson Avenue Transit Hub
One of the four new transit hubs will be built along Jefferson Avenue at the University of Cincinnati. Rendering provided.

“Ridership with Uptown origins or destinations is one of the highest in the region, second only to downtown Cincinnati,” explained Jill Dunne, Metro’s public affairs manager. “On an average weekday all Uptown stops serve about 3,300 people.”

Since the failure of the 2002 MetroMoves campaign, which included a plan to construct several regional bus hubs, the region’s largest transit provider has been able to utilize other funding sources to move forward with a more limited approach.

The Glenway Crossing Transit Hub was the first of these to become reality when it opened in December 2011.

With ridership increasing 4.2% over the past year, due in part to an increase of use by students at the University of Cincinnati, the transit agency wants to move forward with the next component of the regional bus hubs originally envisioned as part of MetroMoves.

The four separate hubs that will make up the Uptown Transit District, officials say, will include shelters and real-time arrival boards modeled after those installed at Government Square last June.

Uptown Transit District

Dunne says that the hub locations were designated after transit planners reviewed the combination of the existing route network, existing passenger travel patterns, geography and street pattern of the Uptown area, and dispersed land use and trip attractions.

“The four enhanced bus stops will provide an adequately sized and more comfortable place to accommodate existing passenger volumes,” said Dunne. “It will also address future growth needs in such key Uptown markets as UC students/faculty/staff, medical industry employees, medical patients and visitors, and neighborhood residents.”

In an effort to focus attention on existing routes, Metro recently conducted several public sessions on modifying bus routes to increase utilization of the Uptown Transit District.

In addition to existing service modifications to enhance usage of the Uptown Transit District, officials say that the four new hubs will benefit from the planned phase two expansion of the Cincinnati Streetcar and new Metro*Plus limited stop service that will begin operating between Downtown, Uptown and Kenwood.

The $6.9 million project was funded through a mixture of funding, approximately 72% of which came from Federal sources, and will begin construction in April.

Plans call for additional bus hubs, like the Glenway Crossing Transit Hub and Uptown Transit District, to be developed in other large employment centers around the city as money becomes available.

Categories
Business Development News

Great Traditions breaks ground on phase two of Stetson Square

Nearly seven years after phase one of the $84 million Village at Stetson Square development opened, developers stood with city and neighborhood leaders in Corryville this morning to celebrate the groundbreaking of the project’s next phase.

Once fully complete, phase two will include a total of 18 condominiums in four different buildings, with prices ranging from $200,000 to $275,000.

In order to help compliment the development, the City of Cincinnati will be contributing $340,000 towards infrastructure improvements in the immediate area. The development team expects the first residents to begin moving in by August 2013.

The Stetson Square development got off to a fast start with its large first phase. Until phase two designs were revealed in May 2012, the second and third remaining phases of work had been left undeveloped and up in the air with regards to when they would get started.


The second phase of work at Stetson Square kicked off today – nearly 13 years after the original plan was developed for the project in 2000. Image provided.

“We are very proud of Stetson Square and what it has contributed to the Corryville neighborhood and Uptown area,” explained Jamie Humes, Vice President, Great Traditions Land & Development. “It is an exciting, transformative time for people to live within the City of Cincinnati.”

In addition to adding new owner-occupied housing units to the Corryville neighborhood near the booming medical research block, the developers are also pursuing Leadership in Energy and Environmental Design (LEED) certification.

In December 2012, Cincinnati City Council passed new measures overseeing the tax incentives distributed for LEED-certified project.

But while phase two is finally getting started, the prominently located phase three has yet to have its future defined. When asked about the future of phase three, Humes stated that there is no definitive plan or use for it yet.

“Our perspective is that the marketplace will ultimately determine what the best land use and timing for development will be,” Humes clarified. “Corryville Community Development Corporation (CCDC) will then make the decision on how to proceed.”


Phase two of Stetson Square is considerably smaller than phase one, and will welcome its first residents by fall 2013. Rendering provided.

In 2006, Great Traditions informed UrbanCincy that phase three would eventually result in either apartments or condominiums, with a preference for additional owner-occupied units if the market would allow. The undeveloped lot sits at the corner of Martin Luther King Drive and Eden Avenue, and the CCDC currently retains ownership of the property.

Great Traditions touts that Stetson Square has 100% of its 79,000 square feet of office space and 92% of its 15,000 square feet of retail space occupied, more than 400 people living within the first phase’s 53 condominiums and 205 apartments.

The extended period it has taken to build out the development may be attributable to a sluggish economy, or even the fact that Stetson Square was Great Tradition’s first major foray into the urban real estate market.

“When Stetson Square was originally conceived, it was designed not only to be a great project, but also to serve as a catalyst for the revitalization of Corryville,” Humes told UrbanCincy. “To have the opportunity to translate this concept into an urban context with Stetson Square has been a natural and exciting progression for our company.”

Categories
Business News Transportation

Following Zipcar’s Cincinnati expansion, car-sharing company acquired by Avis

Zipcar in Over-the-Rhine [Randy Simes]

Just 49 days after Zipcar announced that it would expand its services in Cincinnati, the car-sharing company announced that it had struck a deal to be purchased for $491.2 million by Avis.

The move by Avis, into the car-sharing sector, follows those of Enterprise and Hertz, and is seen as a critical evolutionary step for the traditional car rental company.

As the nation’s largest car-sharing company with more than 760,000 members, Zipcar offers its customers a way to move about urban environments without needing to own a car. Their slogan – “Wheels when you need them” – has increasingly hit home with young people that have been migrating back towards urban centers and ditching their cars.


A Zipcar on 12th Street in between Vine and Race Streets. Photograph by Randy Simes for UrbanCincy.

According to the U.S. Department of Transportation (DOT), overall vehicle-miles traveled (VMT) have reached their lowest levels since 2003, and that per capita VMT to levels not seen since 1998.

Furthermore, the University of Michigan Transportation Research Institute has found that teenagers are delaying the pursuit of getting their driver’s license with just 31 percent of 16-year-olds getting their driver’s license in 2008.

“By combining with Zipcar, we will significantly increase our growth potential, both in the United States and internationally, and will position our company to better serve a greater variety of consumer and commercial transportation needs,” said Ronald L. Nelson, Avis Budget Group chairman and chief executive officer. “We see car sharing as highly complementary to traditional car rental, with rapid growth potential and representing a scalable opportunity for us as a combined company.”

While car-sharing continues to see explosive growth locally and nationally, now estimated to be a $400 million industry, it is yet to be seen what the merger will mean to car-sharing customers wary of getting behind the wheel of a “traditional” car rental company.

Wrote Adam Richardson in the Harvard Business Review, “Any time an incumbent acquires a disruptor there are challenges, and in this case, they stem from the very core of Zipcar’s existence: how it has created a sense of community with its customers and how it has used technology to create a scalable user experience that its customers love.”

Naturally, Zipcar leadership expects bright days ahead with more cars at more locations, new service offerings, and similar levels of service.

“This is a major win for Zipsters around the world,” Zipcar management wrote in an e-mail distributed to its customers. “With the global footprint, backing, and talented leadership of Avis, we’re going to step on the gas.”

Car-sharing has been available in Cincinnati since 2011. Rates start at $8.50 per hour, and 11 cars are available at five different locations in the Central Business District, Over-the-Rhine, Clifton Heights and Corryville.

Categories
Business News Transportation

Nate Wessel aiming to change the way Cincinnati does maps

Maps are used in our everyday lives to help us navigate our cities, perform research, and visualize spatial data, but Nate Wessel has attempted to change the way Cincinnatians view such information.

In June 2011, Wessel started a modest Kickstarter campaign that would raise money to print a transit frequency map he had developed. Instead of using the typical approach to developing a bus system map, Wessel adjusted colors and line weights according to the frequency of service along each bus route.


Cincinnati Frequent Transit Map (Day Time). Image provided by Nate Wessel.

While he simplified the system map, he also added critical wayfinding information such as neighborhood business districts, parks, neighborhoods and natural landscape features.

“The maps used currently will put the 38X on the same visual level as the 17, but one runs three times a day in each direction, and the other runs almost 100 times a day in each direction,” Wessel explained. “In no way does the map indicate any more value for one over the other, but my map gives people an approximate idea of how long you’ll need to wait, in addition to how frequent the buses come and where they go.”

Wessel grew up in Northeast Ohio and said that his first experience with transit was biking a mile to an unmarked bus stop in Canton. Since then he has studied urban planning at the University of Cincinnati (UC) and worked with the U.S. Department of Transportation, Bureau of Transportation Statistics.

It was during his time at UC, when he realized something needed to change with the way transit information is visually presented.

“A friend of mine from China was basically saying that he felt trapped in his apartment, and didn’t know anything beyond campus and thought you could take transit, but didn’t know where it went,” recalled Wessel. “He lived in a transit-rich area, but many people like him didn’t know the correct routes to take to the right places, even easily accessible places like downtown.”


Hamilton County property values by square foot. Image provided by Nate Wessel.

The initial Kickstarter campaign raised far more money that Wessel was anticipated, and he was able to print and distribute 30,000 copies of his Cincinnati Transit Frequency Map. The map is now also featured on Southwest Ohio Regional Transit Authority’s (SORTA) website, but beyond that has not made significant inroads with regional transportation agencies.

Six months after Wessel distributed his new map, SORTA released a new regional transit map, for which they paid $20,000, that lacked the intuitive display and added information presented on the Cincinnati Transit Frequency Map.

While both SORTA and the Transit Authority of Northern Kentucky (TANK) were originally cooperative, and even contributed financially to the Kickstarter campaign, the follow-up, Wessel says, has been a bit disappointing.

Since the original release and distribution of the frequency map, Wessel has continued to improve upon it while also developing a separate night-time map, and one that focuses on center city transit service. To support those efforts, he launched a second Kickstarter campaign which funded the production of 20,000 additional maps in September 2012.

Wessel, however, has not limited himself solely to transit maps. He has released a number of maps this year that have highlighted property value data in Hamilton County, provided an exhaustive analysis of SORTA’s new transit plan, explained the theory of bus bunching, and is in the midst of an eight-part series critiquing the Cincinnati Streetcar project.

In the future he hopes to do a comprehensive map for bicycling to replace the existing one produced by the OKI Regional Council of Governments (OKI).

“In some way it’s a common interest in Cincinnati that I share with a lot of people that see the city not doing things as awesome as compared to other places, so I kind of want to do that with information about transit and cartography,” Wessel explained. “I also want people to make informed decisions about transit and planning in general, and I think that putting as much information out there in an attractive and useful manner helps.”

Nate Wessel was the winner of UrbanCincy’s first featured profile contest at the September 2012 URBANexchange. If you have a great idea we should know about, please contact the us at urbancincy@gmail.com. URBANexchange events are held on the first Wednesday of every month at the Moerlein Lager House.