Categories
Business Development News

Ruth’s Chris Steak House signs on at The Banks

Project officials have confirmed that a Ruth’s Chris Steak House will open at The Banks development in downtown Cincinnati. The addition of the exclusive chain restaurant has been predicted since May 2011, but project officials have refrained from commenting publicly until just now.

The addition of the 9,600-square-foot Ruth’s Chris restaurant will bring the total retail occupancy at The Banks to approximately 82 percent following the recent announcement that Mahogany’s Cafe & Grill will also open a location along the central riverfront.

The upscale restaurant, officials say, will open within the two-level retail space at the northeast corner of Walnut Street and Freedom Way. It will be Ruth’s Chris second Ohio location.


The future home of Ruth’s Chris Steak House Cincinnati. Photograph by Jake Mecklenborg for UrbanCincy.

While 2012 has already been a busy time for economic wins at The Banks, expect another major announcement within the coming weeks.

City and County officials are currently in negotiations to find a new location for dunnhumbyUSA’s North American headquarters. The growing consumer analytics firm appears to have narrowed its search down to the surface parking lot at Fifth Street and Race Street, and the office tower pad located at The Banks which is immediately north of the new Ruth’s Chris.

Hamilton County officials would like dunnhumbyUSA to locate at The Banks to help accelerate the pace of development there, while some city officials have stated a preference for the troubled Fifth & Race location. In the end, Hamilton County seems to have more leverage given their stock of underground parking at The Banks.

Chris Monzel (R) has stated a preference to get out of the parking business, but county officials have stated that controlling parking within the central business district is a strategic move in order to help spur economic development. To that end, it would seem logical that county officials will use artificially low parking rates to lure dunnhumbyUSA to the site at The Banks.

It is projected that dunnhumbyUSA will have at least 500 employees at whatever site they choose, with room for growth. Such size would make the construction of a new office tower at The Banks economically viable and potential immediately spark construction.

Categories
Arts & Entertainment News Opinion

Airport officials should pay local artists to fill CVG with music

Violinist at Findlay Market

As many of you may know by now, Cincinnati will be hosting the 2012 World Choir Games. It is a marque event for the region, and will mark the first time the international event has been held in North America. Tens of thousands of people from around the world will converge on Cincinnati, and regional leaders are looking to impress.

The ideas have ranged from installing multilingual signs throughout the center city to branding a new city slogan all around town in time for the visitors. What is important is that city leaders do not view this event as a singular excuse to debate these types of improvements, but rather as an event that allows Cincinnati to looks at itself from the outside in and implement new ideas that will leave a lasting impact long after the final choir leaves town.

Cincinnati does in fact have a long history with music and the arts in general. It is one of the major reasons why the World Choir Games selected Cincinnati as its 2012 host, and this fact should be celebrated. Cincinnati leaders should look at ways to engraining more of the arts, and music in particular, into our everyday lives.

ArtsWave does a great job at this, and does so at a regional level. But after a flurry of recent travels I had an idea for Cincinnati that should be put in place in time for the World Choir Games, and stay in effect permanently.

The Cincinnati/Northern Kentucky International Airport should pay local muscians to play within its facilities. Inside the concourse tunnel, inside Concourse B, and near baggage claim.

Traveling can often be a stressful experience, especially international travel. On a recent trip to Chicago, I was pleasantly surprised to be greeted by violin and guitar musicians after an otherwise unpleasant flight and arrival experience. The moment, while simple, was profound. I felt relaxed and welcomed to Chicago – something all travelers hope to encounter upon their arrival.

To avoid the ‘bum on the street’ perception, airport officials should ask that musicians not leave open their instrument cases for tips, and simply pay the musicians an hourly rate. In my opinion, this would go much farther towards welcoming visitors to the Cincinnati region than any inanimate piece of art could ever do. At the same time, it would provide a reliable opportunity for local musicians to perform and get paid doing it.

Cincinnati should take advantage of the World Choir Games far beyond the immediate $73.5 million economic impact that it is estimated to generate. Most importantly, leaders should not get too caught up in those short-term impacts that they miss out on creating long-term benefits for the region.

DISCLOSURE: Jenny Kessler is a regular contributor to UrbanCincy and serves as the website’s operations manager. Kessler also works professionally for ArtsWave, but had no input or association with this article. The opinions expressed in this article are solely those of Randy A. Simes, and do not necessarily represent those of ArtsWave.

Categories
Arts & Entertainment News

VIDEO: Take an aerial tour over Cincinnati’s center city

Clay Rasmussen and Matthew Tyler Ray were producing a short film entitled Coming Attractions, and in the process were able to capture some interesting aerial footage of Cincinnati’s center city. Rasmussen, an Electronic Media student at the University of Cincinnati, says that he is interested in video and film production.

The seven-minute video starts out along the Ohio River in Newport, then circles Cincinnati’s central business district. The small helicopter then returns to the Northern Kentucky riverfront for a landing, but not before capturing some very unique video imagery of the center city.

It is not clear in the information provided as to who operated the small aircraft, but it appears that Rasmussen utilized Stratus HelicoptersAround The City tour, which costs just $45 per adult and last approximately seven minutes.

Categories
Business Development News Opinion

Land swap could provide Port Authority immediate economic development opportunity

Hamilton County Commissioner Chris Monzel (R) has repeatedly stated that the county should not be in the parking business. In doing so, Monzel has suggested that Hamilton County sell off its parking assets at The Banks and elsewhere in downtown Cincinnati.

An exclusive UrbanCincy analysis shows that Hamilton County currently has approximately $38.7 million worth of parking assets at The Banks sitting on land valued by the Hamilton County Auditor at $10.4 million.

At the same time, Hamilton County and leaders from the City of Cincinnati keep working to find ways to work together. One of those strategies has led to the increased investment, by both the city and county, in the Cincinnati Port Authority. The idea, officials say, is that the Port Authority could become a Cincinnati Center City Development Corporation (3CDC) equivalent at the county level.

As leaders work with the Port Authority’s new CEO, Laura Brunner, they should explore selling or trading these parking assets to parking management companies that control potentially developable land elsewhere. Five unique locations come to mind throughout downtown Cincinnati.

4th & Plum:
This lot has long sat vacant, and had been speculated for a mid-rise condominium tower within the past decade. Nothing has happened, but UrbanCincy has previously opined that this collection of two parcels would be ideal for a small dog park and residential mid-rise, or even a small park designed to accommodate public debate. The 1.71-acre piece of land is valued at $6.1 million.


View Hamilton County Land Bank Proposal in a larger map.

7th & Vine:
Two small parking lots occupy this eastern portion of Vine Street at the edge of Piatt Park, and just north of Fountain Square. The property sits within a stretch of several blocks that include restaurants, nightclubs, bars and local shops.

A residential high-rise with street-level retail would seem to be an ideal candidate for this .6-acre plot of land in the heart of the city center. Previously, UrbanCincy has suggested that this street-level space might be a perfect, and centrally located, spot for a small urban grocery store. In total, the land and its improvements are valued at approximately $2.8 million.

Central & Walnut:
This particular site is chopped up into eight different parcels with various owners, but it is also located adjacent to the Hamilton County Administrative Offices, Hamilton County Courthouse, and sits immediately on the phase one route of the Cincinnati Streetcar.

In total, the .8-acre piece of land is valued at $2.3 million and would make an ideal site for an 8-10 story structure housing either offices or residences.

Court & Walnut:
Located immediately south of the previous site, this .9-acre location is valued at $2.3 million and will also be a prime location along the new modern streetcar line connecting the central riverfront with the northern reaches of historic Over-the-Rhine.

Similar to the 9th & Walnut site, this location includes seven different parcels owned by more than one entity, and would be well-suited for the same type of development.

9th & Main:
This .28-acre site is the smallest of all those identified, but has a total value of $904,000. While the site is relatively small, it also sits right on phase one of the Cincinnati Streetcar route, and would serve as an attractive residential infill site.

In total all of the sites would account for just over one-third of the total appraised value of Hamilton County’s parking assets at The Banks. UrbanCincy proposes that the county either sell off those assets at The Banks, and use the proceeds to purchase these non-county-owned sites, or trade those assets to parking management companies for their property downtown.

This endeavor would rid the county of the parking facilities it does not wish to maintain, while also seeding the Cincinnati Port Authority with new capital and resources to use for economic development activities. The end result would also create more tax generating properties on the region’s most valuable real estate.

Categories
Development News Opinion Politics Transportation

Cincinnati wants cyclists to grade city on its bicycle infrastructure and policies

The City of Cincinnati is looking for bicyclists to share their thoughts about how the city is progressing with its bicycling infrastructure and policies. From now until December 31 bicyclists can give their feedback to the Department of Transportation & Engineering (DOTE) about what would make them feel safer and use their bicycle more often.

In 2010 bicyclists gave the city an overall grade of “C” for its progress, just as they did in 2009, and city officials are hoping the feedback can help guide policy decisions to improve the atmosphere for bicycling in Cincinnati.


An on-street bicycle corral was installed on Main Street in Over-the-Rhine earlier this year.

“We’re working to create a bicycle friendly city, so that Cincinnatians of all ages and abilities can use bicycles for everyday trips,” stated DOTE director Michael Moore. “The report card survey is a great tool for publicly measuring our progress.”

This is the third year in which the city has solicited such feedback to help guide its bicycle program. Over that time the city has also worked to implement new bicycle parking and lane infrastructure, along with new policies intended to improve bicycling culture in Cincinnati.

Over the course of the past year, city officials tout the creation of a pocket-sized guide to Cincinnati’s bike laws, new sharrows on Madison Road, bike lanes on Martin Luther King Drive and Beechmont Avenue, the installation of an on-street bicycle corral on Main Street in Over-the-Rhine, and the completion of a segment of the Mill Creek Trail.

The 2011 Report Card on Bicycling survey asks respondents to grade the city on its overall facilities and policies, while also asking what directions the city should take to improve its grade. Those interested can take the survey online now. It takes approximately five minutes to complete.