Author: Randy A. Simes

Randy is an award-winning urban planner who founded UrbanCincy in May 2007. He grew up on Cincinnati’s west side in Covedale, and graduated from the University of Cincinnati’s nationally acclaimed School of Planning in June 2009. In addition to maintaining ownership and serving as the managing editor for UrbanCincy, Randy has worked professionally as a planning consultant throughout the United States, Korea and the Middle East. After brief stints in Atlanta and Chicago, he currently lives in the Daechi neighborhood of Seoul’s Gangnam district.

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Business Development News

Ohio awards nearly $9M in historic tax credits to seven Cincinnati-area projects

Seven Cincinnati-area developments have been awarded nearly $9 million in tax credits from the Ohio Development Services Agency (ODSA) through the state’s historic preservation program.

Six of the seven area projects are located within the City of Cincinnati, and one is located in downtown Hamilton. The Cincinnati-area projects took home nearly 25 percent of the total $35.9 million distributed in the program’s ninth round of funding, and will create more than 130 new housing units and tens of thousands of square feet of commercial space once completed.

“The Historic Preservation Tax Credit puts empty buildings back into the economic cycle, creating jobs through construction activities and reoccupation of the buildings,” Christiane Schmenk, director of the ODSA, stated in a prepared release. “This program saves some of the state’s most significant historic structures.”


Eden Park’s 118-year-old pump station may soon see new life as a micro-brewery thanks to a $1 million tax credit from the State of Ohio. Rendering provided.

According to state officials, projects receiving funding must complete the rehabilitation work in accordance with the U.S. Secretary of the Interior’s Standards for Rehabilitation before the credits are issued to the building owner or long-term tenant.

More than $3.3 million in funding will flow into Over-the-Rhine for Losantiville Apartments, Abington Flats, and Pendleton Apartments through the program, and the Cincinnati Center City Development Corporation (3CDC) was awarded $1.8 million for its $9 million redevelopment of three historic buildings at Third Street and Main Street in the central business district.

“Without it [Ohio Historic Tax Credit] we would be unable to preserve the historic character of as many buildings as we have,” Anastasia Mileham, 3CDC’s vice president of communications, told UrbanCincy. “The cost to restore and develop them costs more than the what you can sell the condos for and lease the commercial space for. Historic tax credits help fill that gap and make the math work.”

In Mt. Adams, the Cincinnati Beer Company was awarded $1 million for its $5.2 million project that will transform Eden Park’s 118-year-old pump station into a brewery and tap room. Nearby, the Walnut Hills Redevelopment Foundation and The Model Group were awarded $1.8 million to renovate three historic structures into 30 market-rate housing units and approximately 7,000 square feet of street-level commercial space.

Elsewhere, the City of Hamilton will see more than $800,000 go towards the renovation of the 126-year-old Hamilton Journal-News Building, which will become the home of Butler Tech’s School for the Arts and Hamilton City Schools’ Adult Basic & Literacy Education (ABLE) program.

According to ODSA, this round of funding will assist in the rehabilitation of 45 historic buildings throughout the state, and leverage more than $252 million in private investments.

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Up To Speed

Report: retailers ‘vastly overestimate’ the role of free parking

Report: retailers ‘vastly overestimate’ the role of free parking.

We hear time and time again that urban retail centers need free and plentiful parking, and without it the customers will not come. New research, however, shows that the actual evidence for such claims is scant at best, and that retailers “vastly overestimate” the role free parking plays in their success. More from The Atlantic:

The review was conducted earlier this year by the cross-party policy group London Councils. The group performed a thorough meta-analysis of the existing academic and public agency research on the role of parking in urban commerce. It also sent parking questionnaires to all 33 London boroughs (comprising the city center, as well as inner and outer areas) and conducted market research with shoppers at three commercial centers in the outer regions. The findings can be reduced down to four main reasons retailers don’t need free parking to thrive.

1) Free, plentiful parking often hurts more than it helps, 2) shopkeepers overestimate how many customers arrive by car, 3) they also overestimate how much car customers spend, and 4) a mix of retailers is more important than parking supply.

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Up To Speed

Will Cincinnati hit another home run with Tower Place redevelopment?

Will Cincinnati hit another home run with Tower Place redevelopment?.

Cincinnati’s efforts to transform its center city are being noticed nationally, and the recent sale of Tower Place Mall is just the latest action made by the City that is turning heads elsewhere. The question now is will Cincinnati hit another home run with Tower Place Mall as it has with Fountain Square, Washington Park, The Banks, Smale Riverfront Park, and Fort Washington Way? More from Bloomberg Businessweek:

The city has pumped hundreds of millions of dollars into a major transformation that’s still under way. It began in 2006 with the reopening of downtown’s central Fountain Square after a $49 million renovation. Developers have spent more than $600 million on new apartments, restaurants and a park in the half-mile space between the Bengals and Reds stadiums. A $322 million, 41-story office tower that’s now the city’s tallest opened last year. And on Monday, a 156-room boutique hotel had its grand opening following a $51 million renovation.

Also in the works is a streetcar connecting several popular downtown-area spots slated to open in 2015 and a $400 million downtown casino set to open in the spring. In the nearby Over-the-Rhine historic district, dozens of shabby but beautiful buildings have been transformed into bars and restaurants popular among yuppies and hipsters, and a once crime-prone park underwent a $48 million overhaul to become one of the city’s favorite spots for concerts, outdoor movie viewings and flea markets.

As those projects thrive, popular retailers like Banana Republic, Victoria’s Secret and Chic-fil-a fled from Tower Place mall, which sits in the heart of it all. Just a handful of businesses still operate at Tower Place, and foot traffic is low even during the holidays.

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Up To Speed

Atlanta’s bold plan for repurposing its unused railways already paying off

Atlanta’s bold plan for repurposing its unused railways already paying off.

The multi-modal Atlanta BeltLine project is spurring new investment throughout inner-city neighborhoods that had long been forgotten in the southeastern city. What lessons might Cincinnati be able to learn from Atlanta’s experience as it looks to repurpose its unused railway corridors? More from the Washington Post:

Since a new urban trail opened last month in an old rail corridor in Atlanta, it has drawn a steady stream of joggers, dog-walkers and cyclists to take in spectacular views of the skyline and neighborhoods once seen only by train. Hundreds of trees have been planted along the paved 14-foot-wide path, while artists have added works such as windmills made of bicycle parts and colorful murals on concrete overpasses.

The path, known as the Eastside Trail, is part of a $2.8 billion plan to transform a 22-mile railroad corridor that encircles Atlanta into a network of trails, parks, affordable homes and ultimately streetcar lines. The Atlanta BeltLine is an example of rails-to-trails projects going on around the country, including in New York and Chicago, that aim to make better use of old rail corridors by creating better-connected and more livable urban areas, providing alternatives to car travel and spurring economic development.

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Development News Transportation

Two Cincinnati projects make Sierra Club’s list of best, worst transportation investments

The Sierra Club has released their annual report ranking the best and worst transportation projects in the country. Smart Choices, Less Traffic: 50 Best and Worst Transportation Project in the United States provides a brief summary of each project included in their list, and a description as to why the project received its ranking.

The purpose of the report, the Sierra Club states, is to bring light the more than $200 billion worth of transportation projects that advance each year, and identify which of those meet higher national goals of “reducing oil consumption, increasing safety, improving public health, and saving local, state or federal government – and citizens – money.”

The State of Ohio had only two projects that made it into the Sierra Club’s 2012 report, and both were from the Cincinnati region.

The first was the Eastern Corridor project which was identified as one of the nation’s worst projects, with the report stating:

The Eastern Corridor Highway in Cincinnati, Ohio was first proposed in 1999 when the price of gas was $1.14. The project is currently under study, with plans to convert a road into a 10-mile, four- to six-lane expressway. The Highway poses a significant threat to the scenic Little Miami River. The route parallels the river and plans to cross it in an ecologically threatened area, where numerous rare, threatened and endangered species live. Furthermore, the highway will slice the historic village of Newton in half, which would disrupt the community and its tax base, adding traffic and pollution. The village’s mayor has been an outspoken critic of the project. The highway project is expected to cost upwards of a billion dollars.

The second area project that made it onto the environmental organization’s list is the Cincinnati Streetcar, which they called one of America’s best transportation projects.

The Cincinnati Streetcar is a new electric streetcar project that will connect key communities in the city’s urban core while improving neighborhood accessibility, stimulating development, and creating jobs. The streetcar system will go from the River to the Zoo, University, and hospital area. There are currently more than 500 vacant buildings along the streetcar’s 4-mile route. The streetcar will help attract residents and businesses to these rehabbed buildings, putting people to work and boosting the city’s tax revenue. Streetcars will increase accessibility and active transportation in the region by creating denser, more walkable, mixed use development. The streetcars are designed to accommodate both wheelchairs and bicycles and will serve as a complement to the city’s existing bus transit. Construction began in February 2012 and the streetcar is expected to open in 2014.

The full report identifies a wide range of projects including highways, bridges, mass transit, active transportation, aviation, aquatic, and multi-modal investments. Projects of all varieties made it onto both the good and bad lists, but the Sierra Club largely favored transit and active transportation projects over highways and bridges.

“Americans are struggling with the health, climate, and economic costs of our oil-centered transportation system,” the report states. “Our transportation investments should provide an opportunity to further reduce our dependence on oil, reverse climate disruption, and save money. Because transportation infrastructure lasts for decades, the impacts of transportation investments are felt for many years to come, with huge consequences for America’s ability to move beyond oil.”