Categories
Business Development News Opinion

Downtown Cincinnati poised for surge of residential conversions

Developers are in the process of transforming the 85-year-old Federal Reserve Tower at Fourth and Race into 88 apartments after serving as an office structure for its entire life. The process is one being undertaken in old cities all across the United States – transforming old office buildings into unique residences.

In addition to the Federal Reserve Tower, the 86-year-old Enquirer Building on Vine Street has also had an apartment conversion planned. In the wake of the opening of the Great American Tower at Queen City Square, there appears to be many more candidates ripe for such conversion.


The Federal Reserve Tower [LEFT] is currently being transformed into 88 apartments, while the Enquirer Building [RIGHT] awaits new financing. Photographs by Thadd Fiala for UrbanCincy.

“Residential is a great use for older buildings as opposed to office uses,” said David Ginsburg, President and CEO of Downtown Cincinnati Inc. (DCI). “Older buildings provide a sense of place, history and elegance, and they lend themselves to mixed uses with retail on the first floor.”

In addition to the romantic appeal, Ginsburg also says that the economics make a lot of sense with apartment occupancy rates consistently above 90 percent, and some cases of waiting lists throughout the Central Business District, Over-the-Rhine and at The Banks.

Additional housing downtown, community leaders say, is important because those residents are customers for the restaurants and retail stores outside of normal office hours. Ginsburg adds that those city dwellers also provide a level of density that helps promote the perception and reality of a safe urban core.

According to DCI officials, developers have expressed interest in converting additional historic office towers into residences, but declined to comment as to which structures or which developers are expressing interest.


The historic Tri-State Building [LEFT] and Bartlett Building [RIGHT] sit underutilized and offer large amounts of potential residential space in the heart of the CBD. Photographs by Thadd Fiala for UrbanCincy.

In October 2010, UrbanCincy identified two historic office towers, in addition to the Enquirer Building and Federal Reserve Tower, which appear to be perfect candidates to be transformed into residential apartments.

1. Tri-State Building (Fifth & Walnut); 109 years old
2. Bartlett Building (Fourth & Walnut); 111 years old

Ginsburg concluded by stating that living downtown is the sustainable choice for the more than 12,000 current residents, and any future people considering the area for their next home.

“Given the high cost of gasoline, the density of downtown is helpful,” Ginsburg concluded. “Trips are shorter and walking and bicycling become more prevalent. As public transportation evolves, there will be less need for cars, especially multi-car households, which will help the economy and the ecology.”

Categories
Business Development News

Smale Riverfront Park to feature 1,000-foot boat dock

Smale Riverfront Park project manager Dave Prather has delivered yet another video update in what has become a fairly popular video series. This update goes inside the Moerlein Lager House which has now been opened for roughly two weeks, and highlights the progress of work on the water’s edge.

Prather says that the grand opening for the Smale Riverfront Park will take place on May 18, 2012, and at that time will have virtually all construction work on the massive project’s first phase complete. He says that solar panels on the Schmidlapp Event Lawn’s stage will be installed next week, and that the first event will be held there on St. Patrick’s Day weekend.

The 11:43 video also showed where historical markers and the location of home plate existed at Riverfront Stadium will be installed in the coming months.

Visual progress is evident on the park’s second geothermal well which will produce 400 gallons of 57-degree water per minute. Progress is also noticeable on the foundation for the labyrinth and Black Brigade Monument.

Prather also said that the most complicated piece of construction left is the work on the Main Street Fountain, and that there are approximately 30 to 40 construction workers on site each day taking advantage of the favorable weather conditions lately.

Perhaps the two most exiting pieces of information from the video came at the end when Prather described the 1,000-foot boat dock that will eventually be in place and the approximately 300 trees that will be planted within the next month-and-a-half.

Categories
Arts & Entertainment News

Cincinnati’s central riverfront captured in new timelapse video

A Cincinnati-based marketing firm based out of Mt. Lookout has produced a new timelapse video of the central riverfront. The abbreviated video only lasts a total of 47 seconds, but highlights several different vantage points of Cincinnati’s urban core.

The most interesting component of the video is the unique angles in which Stimulus Worldwide captures the center city. The boutique marketing firm set up shop along the Newport waterfront high atop Mt. Adams to produce the video. Be sure to enjoy the way the city lights playfully dance upon the Ohio River.

Categories
Arts & Entertainment News

‘Cincinnati From Devou Park’ captures new urban b-roll for Queen City

Every so often the UrbanCincy team strolls through the interwebs to find out what kinds of video content people are producing about Cincinnati in the digital age. It turns out that the overwhelming majority of that content is commercial in nature, but every once in a while we find some good old fashion urban b-roll.

One of the most recent items we came across is Cincinnati From Devou Park by Michael Toffan. The nearly three-minute video slowly pans about the views from one of the region’s most popular vantage points. It is a slow and methodical video set to the song ‘Every Woman’ by Stephan Baird.

The video expectedly captures the views of downtown Cincinnati and Covington, but it also intimately showcases ongoing construction at The Banks (0:33), the aging Brent Spence Bridge (0:53), and barge traffic on the Ohio River (2:05).

Categories
Business News Politics

Cincinnati officials turn to solar-powered trash cans in busy pedestrian districts

Those who have visited The Banks development along Cincinnati’s central riverfront may have noticed something new about the trash cans out on the street. Instead of the typical trash cans, the city has installed solar-powered BigBelly receptacles throughout the first-phase of the development.

These new-age trash cans have the ability to hold more trash, and notify collection crews when they need to be emptied. And the introduction of the electronic trash receptacles does not end at The Banks development. In fact, there are now 51 of these BigBelly solar cans located throughout the central business district alone, and another five located in neighborhood business districts in South Fairmount, Cumminsville, Northside, Mt. Adams and Mt. Lookout.

“Cans have been placed at locations where the city has regular cans that overflowed between collections,” said Larry Whitaker, assistant to the director of Cincinnati’s Public Services Department. “All are in high foot traffic areas, and the solar-powered cans have been well-received thus far.”


The first sidewalk BigBelly solar cans were installed on Third Street in downtown Cincinnati. Photograph by Randy A. Simes for UrbanCincy.

City officials say that the cans cost approximately $4,500 each, and that the purchases were made using the city’s corner can replacement fund for annual maintenance and replacement of trash cans throughout the city. Old cans being replaced by the new BigBelly solar cans, Whitaker says, are being used as replacements for other existing cans in bad repair throughout the city.

While it is still too early to judge results of the new cans, the idea is that the long-term savings will offset the initial capital cost increase.

“The BigBelly cans have not been installed for very long, but we expect the new cans to cost more in maintenance due to the cost associated with replacing sophisticated components,” Whitaker explained. “The new cans have a lot more moving parts that could malfunction; however, we anticipate the cost of repairs to be offset by savings from less frequent collections.”

Prior to replacing street trash cans, scores of BigBelly trash compactor units had been installed throughout some of the city’s busiest parks including Piatt Park, Eden Park and Lytle Park.

Boston was one of the first cities to aggressively pursue the installation of such trash receptacles in its city. The primary justification was due to the promise of increased efficiency, improved service levels, less frequent collections, the ability to remotely monitor the status of the cans, and more sanitary environment thanks to the closed lid design which prevents water and rodents from getting to the trash and prevents debris from blowing into the street.

Philadelphia has also pursued this change and estimates that replacing 700 standard trash cans with 500 BigBelly units will result in approximately $2,600 in savings per unit over the next ten years.

In Cincinnati officials say that it is likely additional solar-powered trash cans will be converted as funding becomes available, but that the number of cans and their placement has yet to be determined.

“When you think of trash collection most of the energy is spent going out to serve a location,” Office of Environmental Quality director, Larry Falkin, told UrbanCincy. “So if you can service a location less frequently there there’s a quick payback for the technology. It’s really about finding the right location where the efficiencies are worth it, and downtown and park locations seem to make a lot of sense.”