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Development News

PHOTOS: Downtown Construction Boom Underway

With well over $2 billion in new construction projects underway in Cincinnati’s urban core it is not hard to miss with construction fencing, cranes and lifts working at full tilt all over downtown and Over the Rhine. Many new construction and building renovations are underway throughout downtown and Over-the-Rhine. This gallery features photos of 16 projects taken this month. If added up the projects in the photos below are just a fraction of overall development with just over $400 million in construction activity.

 

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News Transportation

Metro’s Bus, Streetcar Services Providing Ample Options For Bengals’ Home Opener

Town Center Garage Streetcar RouteThe Bengals will host their first home game of season this Sunday at Paul Brown Stadium. A capacity crowd is expected to fill the stands, and city leaders are looking to provide a variety of options for fans to easily get to and from the game safely.

One of those options includes the newly opened Cincinnati Bell Connector. Operating from the northern reaches of Over-the-Rhine to The Banks – just two blocks from Paul Brown Stadium – the streetcar vastly expands the reach of those walking to the game from their home or from their car.

As such, City Hall is offering a first-of-its-kind parking special at the Town Center Garage on Central Parkway. Located within two blocks of two different streetcar stations, parking at Town Center Garage will be offered for just $10 on game days; and the first 100 cars will receive four free streetcar passes.

“The Town Center Garage is a natural extension of game day parking options, and its proximity to two streetcar stops makes it a natural fit for fans looking to save money and avoid game day traffic,” said Oscar Bedolla, Director of Cincinnati’s Department of Community and Economic Development.

City officials are encouraging fans to come early on game day to enjoy all the offerings along the Cincinnati Bell Connector route, including the tailgate party at The Banks, watch party on Fountain Square and numerous bars, restaurants and shops throughout Over-the-Rhine.

“What we are looking to do here is take full advantage of the link that the Cincinnati Bell Connector offers from Over-the-Rhine to Downtown, to the benefit of football fans,” Parking Division Manager Daniel Fortinberry said in a prepared statement. “We see this as a fun way for fans to get to and from the game.”

The first weekend the streetcar was open saw more than 50,000 riders take advantage of free service. The second weekend, which coincided with Oktoberfest Zinzinnati, saw more than 29,000 riders pay to ride the Cincinnati Bell Connector. With large crowds expected at the Bengals game and MidPoint Music Festival, another large number of riders is anticipated for this weekend.

In addition to the parking special and streetcar service, Metro has again partnered with Miller Lite to offer free rides on Metro bus service from 7am to midnight this Sunday.

While the special partnership is an effort to cut back on drunk driving, it also offers Cincinnatians a good chance to check out Metro bus service for free – not just going to the game, but anywhere on Metro’s regional system.

“As a transit system, the safety of our customers is always our top priority,” said Dwight Ferrell, Cincinnati Metro CEO & General Manager. “Thanks to Miller Lite, Bengals fans will now be able to enjoy the game even more by letting Metro be their designated driver with free rides to and from the stadium.”

The Bengals (1-1) will take on the defending Super Bowl champion Broncos (2-0) this Sunday at 1pm along the central riverfront at Paul Brown Stadium.

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Business News Transportation

Is Cincy RedBike America’s Most Financially Successful Bike-Share System?

RedBike Monthly Ridership Totals
RedBike Monthly Ridership Totals

Since launching nearly two years ago, RedBike has been embraced by the region in a way even the bike-share system’s early proponents had not imagined.

When RedBike opened to the public on September 15, 2014 it included 29 stations, but has since swelled to 57 stations spanning two states, four cities and more than a dozen neighborhoods. The ability to expand and integrate the system across state and city lines is particularly notable as it is a feat most other bike-share systems in North America have not yet achieved.

This relatively rapid expansion has been fueled by higher than expected ridership. As of early July, RedBike had hosted 116,739 rides – or about 5,300 per month. Bolstered by more than 1,500 annual members, these ridership totals translate into some 17,683 different people who have ridden a RedBike.

“Red Bike has gotten off to a dream start. Our community has embraced this new form of transportation,” Leslie Maloney, President of the Red Bike Board of Directors and Senior Vice President of the Carol Ann and Ralph V. Haile, Jr./U.S. Bank Foundation, said in a prepared release. “We will work to continue providing the highest quality and most fun transportation option in Cincinnati.”

Following the trends of bike-share systems elsewhere throughout the world, approximately 74% of its riders have either never ridden a bike before or at least not within the month before RedBike opened. This data makes many bike advocates in the region looking for ways to improve road safety for the surge of new cyclists out on the streets.

The biggest news in RedBike’s recently released annual report, however, pertains to its finances.

While many bike-share systems around the country have struggled financially, RedBike has been able to operate in the black since its inception, and has grown its cash reserves year-over-year.

In 2014 RedBike had a total of $234,251 in expenses and $1,144,911 in revenues. That net income grew in 2015 when the bike-share system had $484,389, but $1,740,792 in revenues. This net income, RedBike officials say, is used to purchase capital equipment necessary to keep the system fully functional.

While it is difficult to find bad news in the financial details released by RedBike, one might look at the fact that direct program income (user fees) cover only 65% of program expenses. When factoring in sponsorships, a fairly reliable and steady stream of income, it covers nearly 118% of program expenses.

All of the other income sources help to further stabilize the system, keep it operating at reliable and optimal levels, and are helping build a reserve fund that could be used to offset unexpected capital expenses or lower than anticipated operational performance.

UC Health is thrilled to be the presenting sponsor of the RedBike program,” said Dr. Richard P. Lofgren, President and CEO of UC Health. “As someone who lives downtown, all I have to do is look outside to see how successful this program is, and how bike share has been embraced by the citizens of Cincinnati.”

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Up To Speed

Cincinnati’s business community supports idea of putting Liberty Street on ‘road diet’

The discussions continue about whether or not to reduce the massive width of Liberty Street through Over-the-Rhine. If it is decided to reduce its size, the question then becomes by how much.

So far, neighborhood residents have been quite consistent in their support for reducing Liberty Street’s width. As of now, residents appear to be supportive of a plan to reduce it by 20 feet, while other neighborhood groups want it to be reduced by even more to allow for dedicated bike facilities and more developable land along the street’s southern side.

In an informal poll, the Business Courier recently asked their readers if they supported the idea of reducing the width of Liberty Street. The response from the city’s business community was overwhelming, with 78% of respondents saying that they support the idea.

More from the Business CourierDo you the support plan to shrink OTR’s Liberty Street?

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Arts & Entertainment Business News

‘Good Food’ Invites Community to Bring a Dish, Talk Sustainability

Can a potluck spark a sustainability movement in Cincinnati? Three entrepreneurs are out to prove it can this weekend.

Good Food is a one-day, meatless potluck that is part pop-up dinner and part community gathering event. Hosted by Ohio Against the World founder Floyd Johnson, Free People International founder Joi Sears, and A Few Hungry Girls founder Ray Ball, the event will take place this Saturday, June 11 in the West End.

Organizers are encouraging participants to come hungry in order to enjoy all the food, but the larger purpose, they say, is to generate awareness and conversations around food justice, food insecurity and food waste.

Johnson and Sears first came up with the idea for the event through a shared interest in community engagement around social issues. Sears, through her work with Free People International, focused on environmental sustainability; while Floyd, international travel for his business Ohio Against the World grew into a passion for food.

“The partnership just kind of clicked,” Sears told UrbanCincy. “We’ve been conceptualizing some larger scale projects like a vegan restaurant, food truck or perhaps a cooking show, but wanted to test the waters and see how the community responded to our big ideas.”

“We both wanted to find something that we could do to make a lasting impact on our city, and to transform all of our creative energy into something productive. Good Food is the first iteration of this idea.”

Once Johnson and Sears decided on a food event, they brought on blogger Ray Ball, whose blog A Few Hungry Girls focuses on cooking accessible, healthy foods.

At Good Food, visitors will be able pick their own herbs at the water detox station or check out the living wall installation sponsored by Urban Blooms. The evening’s guest speakers will include Oliver Kroner, Cincinnati’s new Sustainability Coordinator, who will share his plan to make Cincinnati one of the greenest cities in the nation by 2036, Lily Turner from Urban Blooms, and Foundation 513’s Zach Franke.

The facilitated dialogue is part of a series of creative community engagements funded by the U.S. Department of Arts and Culture, which is also serving as a sponsor for the event.

In addition to installations and discussions with the guest speakers, organizers say that attendees will have an opportunity to share their own ideas for what Cincinnati should look like in 20 years through a variety of interactive activities and art-making.

Still, with all of that programming, the agenda will be fairly informal.

“The floor will be open for anyone, not just the list of speakers,” Sears said. “At the end of the day, Good Food is just like any other dinner – good food and good conversation.”

Good Food will take place on Saturday, June 11 at Foundation 513, located at 1984 Central Avenue in the West End, from 6pm to 10pm. The event is free and open to the public, though donations are accepted. Attendees are asked to bring a vegan or vegetarian dish, and the event is B.Y.O.P. (Bring Your Own Plate). For those who are less culinarily inclined, event organizers suggest bringing a bottle of wine or beer instead.