Megabus, Greyhound Open to Idea of Relocating Into Riverfront Transit Center

Following UrbanCincy’s story on the ongoing struggles between the City of Cincinnati and Megabus, the two largest intercity bus operators have come forward and expressed a willingness to discuss relocating to the Riverfront Transit Center.

The conversations started after Megabus was forced to move its downtown Cincinnati stop this past autumn – marking latest in a series of moves forced by City officials following complaints from surrounding property and business owners.

“Local businesses, through City Hall, requested megabus.com move from 1213 W. Central Parkway to our new present location at 691 Gest Street,” Sean Hughes, Associate Director of Corporate Affairs at Coach USA North America, explained to UrbanCincy. “Megabus.com would love to be in the Riverfront Transit Center, but that was not a viable option because of Riverfront Transit Center operational concerns.”

The issue extends beyond the various intercity bus operators and City Hall. Since the Southwest Ohio Regional Transit Authority (SORTA) operates the facility for the City, and collects annual revenues from it. In October, SORTA officials told UrbanCincy that expanding operations within the Riverfront Transit Center is possible, due to its large excess capacity, but would bring additional costs.

“It’s our understanding that Megabus pays a fee to share transit facilities in other cities,” Sallie Hilvers, Metro’s Executive Director of Communications, said at the time. “As a tax-supported public service, Metro would need to recover the increased costs related to maintenance, utilities, security, etc. from Megabus, which is a for-profit company.”

At the same time, there appears to be growing pressures for Greyhound, which has been operating in Cincinnati since 1976, to potentially find a new location as it is crowded out by new development surrounding the Horseshoe Casino.

While Greyhound and SORTA have engaged in conversations in the past about relocating Greyhound’s operations to the Riverfront Transit Center, little progress has been made; and the two sides still appear to be at a standstill, albeit a softening one.

“No decisions on that front have been made that this time,” Lanesha Gipson, Senior Communications Specialist with Greyhound, commented with regard to relocating to the Riverfront Transit Center. “All potential relocations have to be analyzed and be in the best interest of everyone – the customers, the company and the community – before a decision is made as to whether or not we should relocate our operations.”

With both Greyhound and Megabus thriving as an increasing number of people ditch their cars and plane travel for short trips – less than 500 miles – these conversations appear to only be in the early stages.

While all parties agree that some legal, regulatory and logistical issues would need to be resolved prior to establishing the Riverfront Transit Center as Cincinnati’s intercity bus terminal, it sounds like the primary issue is the financial arrangement. Until then, intercity bus passengers will continue to be plagued by continuously moving and inconvenient stations for the region’s two largest operators; and an underutilized transit facility sitting beneath Second Street.

“Megabus.com continues to work with SORTA to find a permanent location for our stop in Cincinnati,” Hughes noted. “Megabus.com has an annual passenger spend of $8.2 million in Cincinnati and we look forward to serving the city by giving passengers a safe, environmentally friendly way to travel.”

Over-the-Rhine Wins Big in Latest Round of Ohio Historic Tax Credits

The Ohio Development Services Agency divvied up its thirteenth round of historic tax credits yesterday. As has been the case in the past, Over-the-Rhine, one of the nation’s largest historic districts, was a big winner.

In addition to the mega tax credit awarded to Music Hall, five other projects in the neighborhood received tax credits through the program.

Urban Sites received two tax credits totaling $500,000 that will enable the Over-the-Rhine-based developer to restore three historic structures on Main Street and Clay Street; and create 23 apartments along with street-level retail.

Another project at 51 E. Clifton Avenue received a $147,000 tax credit that will go to help cover the costs of the $750,000 project, and ultimately create seven market-rate apartments in the 124-year-old structure.

Another big winner, in addition to Music Hall and Urban Sites, was Grandin Properties – a company that has taken an increasing interest in the neighborhood and even relocated their office to the Washington Park district in recent months.

Through the historic tax credit program, Grandin Properties will receive nearly $400,000 for their planned $1.5 million renovation of two 136-year-old buildings on Republic Street in between Thirteenth and Fourteenth. Once complete, developers say that the buildings will have 12 residential apartments.

“These projects transform vacant and underutilized properties into viable places for business and living,” said David Goodman, director of the Ohio Development Services Agency, in a prepared release. “This program has been a valuable tool for community revitalization.”

State officials say that the application deadline for the next round of the Ohio Historic Preservation Tax Credit Program is March 31, 2015, and that approved applicants will be announced at the end of June 2015.

What should take the place of the former Queensgate Correctional Facility?

Hamilton County’s former Queensgate Correctional Facility is currently on the market. The historic warehouse building has sat vacant since the jail operation was shut down six years ago. The site sits close to the Central Business District and the building evidently has tremendous views of the downtown skyline and Ohio River. A buyer has not yet been identified, so it is unclear as to what the future holds for the 152,000-square-foot complex…so what would you like to see in its place? More from the Business Courier:

The Queensgate Correctional Facility closed in 2008 due to budget cuts. It housed low- and medium-security prisoners. It sits directly west of the former Hudepohl brewery property, which the Port of Greater Cincinnati Development Authority purchased for $650,000 in May. The Port Authority is still working on a plan for repositioning that property. The former jail property includes five buildings. The largest is an eight-story, more than 128,000-square-foot building that served as the jail. The smaller buildings served as staff services space, administration space and a recreation building.

…the property has only been on the market a few weeks and he’s already had interest from a couple developers. The building could be redeveloped as residential space, used as warehouse space, or it could potentially be used as a jail again if the county is interested in reopening it.

Streetcar Supporters to Announce Expanded Coalition Urging for System’s Expansion Uptown

AcDowntown to Uptown Cincinnati Streetcar Routecording to officials at the Southwest Ohio Regional Transit Authority (SORTA), which governs Metro, more than 1,000 of the 1,500 Founders’ Club cards were sold within the first three days of going on sale.

The rate of sales is exceeding expectations, and many believe the remaining allotment will be sold within the next few days. In fact, $25 cards have already been taken off of Metro’s website, with a very limited number remaining at City Hall and Metro’s sales office.

The remaining $50 and $100 cards can still be purchased online, but it is not clear for how much longer due to their dwindling supply.

Streetcar supporters are pointing to this as clear evidence of the excitement surrounding the project, especially given that those buying the cards will not be able to use them until the system goes into operation in September 2016.

“Selling $72,000 worth of fare cards for a starter line that’s nearly two years from being operational shows the level of support and enthusiasm for the Cincinnati Streetcar to finally be up and running,” Derek Bauman, SW Ohio Director for All Aboard Ohio, told UrbanCincy. “This is the definition of pent up demand.”

Of course, there is also the financial benefit. Selling all 1,500 of the cards will net Metro $72,000 in fare revenue nearly two years before the Cincinnati Streetcar goes into operation.

The news comes as Believe in Cincinnati, the grassroots coalition that formed a year ago to save the project from cancellation, has organized a press conference to announce a broad new coalition of organizations and community leaders urging for the expansion of the streetcar system to Uptown.

“While we must celebrate the success we have had over the past year with construction of tracks in the OTR loop nearing completion and the downtown loop well underway, we must also be looking forward,” explained Ryan Messer, Founder of Believe in Cincinnati.

The path forward, evidently, goes uptown, and not to Northern Kentucky even as leaders there are calling for an expansion of the system south across the Ohio River.

“As of today, we still do not have an official plan in place for our uptown expansion that will link downtown and OTR to the University of Cincinnati and the uptown neighborhoods,” Messer wrote in an email. “We are ready to ignite these conversations and be prepared to implement these plans into action.”

The growing support for an uptown expansion comes at a time of large investment occurring along the initial starter line – investment that many streetcar supporters are crediting for the $18 million budget surplus at City Hall in 2014, and the rosy tax receipt estimates for 2015.

“Imagine what the impact will be when we connect Cincinnati’s core, with its 40,000 jobs and growing residential population, to the 30,000 jobs and 40,000 students in the uptown neighborhoods,” Bauman exclaimed. “This vision is as exciting as it will be transformative for the City of Cincinnati.”

The Believe in Cincinnati press conference will be held at the corner of Race and Elder Streets, near Findlay Market, and where track stub has been constructed for the accommodation of a future uptown extension. Organizers say the event will take place at 10am and will show off the new, expanded coalition of streetcar supporters urging for its expansion.

 

Should Cincinnati look to Chicago’s new ARO for affordable housing guidance?

Cincinnati has experienced rising property values in a handful Census tracts in recent years, while dozens remain below median values for the region. So unlike New York or San Francisco, the gentrification taking place in Cincinnati is not what typically comes to mind when the topic is discussed. A more apt comparison may be Chicago where a more extreme version of rising property values stand in contrast to swaths of the city that remain mired in poverty, and new policies are moving forward to address the matter. More from NextCity:

The new ARO would require that at least 25 percent of affordable units be built on site, removing the ability to opt out totally. City neighborhoods would be classified into “downtown,” “high-income” and “low-moderate income,” and the in-lieu fee for the remaining 75 percent of units, if a developer chooses that option, would rise to $175,000 downtown and $125,000 in high-income areas; it would fall to $50,000 in the rest of the city. Developers would also be allowed to meet the affordable unit requirement by building or rehabbing on other lots within a mile of the main site. The aim is to create affordable units in the neighborhoods where they’re most scarce, rather than to continue to concentrate them in the city’s poorer communities.

That goal reflects what makes Chicago’s affordable housing crisis different than the ones in a handful of coastal cities that have dominated national coverage. In many Chicago neighborhoods, depopulation, disinvestment, segregation and crime have kept housing values relatively low, even just a few miles from the booming downtown. Meanwhile, communities on the North Side — as well as a handful to the south and west of the Loop — have seen rapid gentrification and skyrocketing rents. That dynamic has led to a dramatic increase in economic segregation.