Tag: urban design

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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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Arts & Entertainment News

OTR Flags installation aims to unite inner-city neighborhood through art

Hundreds of brightly colored squares of silk ripple in the breeze amid the trees of the newly renovated Washington Park. Each square tells a story of a person or organization somehow intertwined in the past, present, or future of the Over-the-Rhine community. Furthermore, the OTR Flags project is the first public event celebrating the re-opening of the 157-year-old park.

Though the grand reopening of the park is heralded as a triumph, it brings with it lingering memories of crime, homelessness, and drug dealing that plagued the area over recent decades. Some organizations and people had trepidation surrounding the renovation – that not everyone would get to share in the joy of the new space.


OTR Flags installation in Washington Park. Photograph by Jenny Kessler for UrbanCincy.

In an effort to help bridge the proverbial divide between old and new residents, local artist and resident Angela Morrow teamed with Joan Kaup in 2009 to create the public art project with the goal of uniting the diverse neighbors of Over-the-Rhine and encouraging communal ownership of Washington Park.

“There’s still some tension, with old residents, new residents, black and white, rich and poor,” said Morrow. “Art is a safe, positive way to create dialogue. We wanted to bring everyone together and start the healing process.”

Inspired by The Gates installation in New York City’s Central Park, the team developed a plan to unite organizations, artists, and neighbors by creating personalized silk flags to hang in Washington Park. Some 57 organizations contributed in some way – by being a media sponsor, contributing financially, or sponsoring a flag.

Morrow served as the lead artistic director, Kaup worked with development and community outreach, and Nicole Ware, CEO of Emanuel Community Center, oversaw the financials. A committee with representatives from ArtsWave, ArtWorks, Cincinnati Arts Association, 3CDC, Drop Inn Center, OTR Community Council, OTR Community Housing, Society for the Preservation of Music Hall, and YMCA met together to match 17 local artists with 30 neighborhood organizations that combined to create 26 flags.

The artists, ranging from 15-year-old Zoe Kolstaza, a student at the School for Creative & Performing Arts, to Matt Dayler of public art company Higher Level Art, were paid a stipend for their work. Each artist met with eight to ten members of their respective organization and participated in a facilitated discussion about their involvement in Over-the-Rhine.

“This isn’t a marketing ploy for companies,” Kaup explained. “The point of the flags is to tell the story of each participant.”

The final piece of the project came from public workshops where area residents could paint smaller, individual flags illustrating their involvement with the neighborhood. Workshops were held at the Drop Inn Center, Second Sunday on Main, Art Academy of Cincinnati, and Emanuel Community Center.

“At the Drop Inn Center charrette, people were so excited to be able to give something and be a part. Fifteen flags were painted that day,” Morrow told UrbanCincy. “People from the Drop Inn, from the neighborhood, even from an outside group that does ministry in Over-the-Rhine stopped by. The Drop Inn members got to show them how to paint for the first time, they got to give something back, and there was no power play. Everybody was there painting and learning together.”

More than $64,000 was raised with sponsorship money, and after expenses, an estimated $10,000 will be left over. Organizers say they plan to use the extra money to sponsor programming for Washington Park.

OTR Flags will remain on display in Washington Park through September 2012, and a reception will be held to commemorate the exhibit on July 19 at 5pm.

Jenny Kessler is a former UrbanCincy writer and now works for ArtsWave as a Communications Assistant.

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Business Development News

Washington Park to celebrate grand reopening this Friday

Those who frequently spend time in Over-the-Rhine have dealt with the reconstruction of Washington Park over the past one-and-a-half years.

The $48 million growing pains, project officials claimed, would be worth it as the renovated and expanded park would enhance quality of life while also providing 450 new parking spaces tucked neatly underground beneath the park’s new northern lawn space.


Looking south along Race Street at the nearly finished Washington Park. All Washington Park photographs were taken last week by Jake Mecklenborg for UrbanCincy.

Project and city officials will gather with the community on Friday to celebrate Washington Park’s grand reopening. The moment comes at perfect timing as the World Choir Games, and its thousands of visitors, will begin populating the center city this weekend.

New features of the park include an interactive playground, dog park, open lawn space, performance space, and interactive fountains in addition to the overall upgrades made to the rest of the existing features.

The park’s completion marks the end of an era of change for the area that began with the demolition of Washington Park Elementary School, and included the addition of the School for Creative & Performing Arts (SCPA). Those changes, when combined with the future Music Hall renovation and Cincinnati Streetcar, have led to dozens of nearby buildings being renovated into new housing and commercial space.

Those who have not visited Washington Park in some time may want to check it out during the World Choir Games. The new look and feel of the area may surprise you.

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Up To Speed

Bloomberg Philanthropies to award $9M for urban innovation

Bloomberg Philanthropies to award $9M for urban innovation.

Cities are where innovation happens, and New York City Mayor Michael Bloomberg knows exactly that. As a result, he has announced a new competition that will award $9 million in prize money to cities with bold, innovative ideas that could remake America’s urban centers. More from Next American City:

Twenty finalist teams will be chosen based on their proposal’s novelty and creativity, potential for impact, replicability and implementation plan. The finalists will participate in Bloomberg Ideas Camp, an experience that James Anderson, Bloomberg Philanthropies’ government innovation director, says will give mayors the opportunity to brainstorm and collaborate with their peers in other cities. The finalists will be whittled down to one grand prize winning team, which will receive $5 million; four runners-up will be given $1 million each.