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Business Development News

WHRF Announces Plans To Redevelop Historic Paramount Building

Last week the Paramount Building at Peebles Corner in Walnut Hills was open to the public for the first time in decades, and UrbanCincy was invited to participate.

The Walnut Hills Redevelopment Foundation, which recently purchased the structure for $750,000 from the Morris Investment Group, allowed several dozen local residents and historic preservation enthusiasts to tour the second and third floor office spaces before the monthly meeting of the Cincinnati Preservation Collective’s monthly meeting.

The WHRF plans to renovate the office floors, as well as the street-level commercial spaces, so the building may return to use as an anchor for the business district.

However, the tour revealed that the foundation has a significant task ahead in order to make the plan a reality. While it appears that the interior of the building has been secure and not subject to vandalism, there is significant deterioration due to water leaks and open windows. Some rooms were even off limits to the tour due to concerns about structural integrity of floors and ceilings.

Not all was bad though. In fact, a number of attractive original elements remain in place. This includes wooden partitions and glass doors, some of which still retain the stenciled names of the former office occupants.

The Paramount Building, which was built in 1931, originally had a theater attached at the east end along E. McMillan Street, where the CVS Pharmacy now stands. The drug store is part of the property, and provides some cash flow to the WHRF as they undertake renovations.

At the CPC event, WHRF Executive Director Kevin Wright stated that an application was made on the day of the purchase for state historic preservation tax credits. Such tax credits would be instrumental in advancing the project and bringing the prominent structure back to life.

Originally, the building featured a tall spire atop the tower at the corner of Gilbert Avenue and McMillan Street. During World War II, the spire was removed so that the structural metal could be donated to the war effort. Wright announced that he hopes to have the spire rebuilt as part of the renovations.

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Business News Transportation

Metro Proposing To Alter 14 Express Bus Routes Through Downtown

Metro will hold an open house on Thursday to share a variety of proposed changes to the routing of express commuter bus routes through downtown. Officials with the Southwest Ohio Regional Transit Authority say that the re-routings simplify their operations and make the routes more easily understandable for riders.

There are some 14 express routes that have been identified for these changes. In many cases, the routes come into the downtown area one way in the morning, and depart a different way in the evening.

The express routes are those that primarily impact those commuting into the center city from outlying suburbs, so the meeting time has been scheduled during the middle of the workday so that those commuters can easily attend and provide feedback.

The proposed changes would greatly simplify many of the routes, thus allowing for some stops to be eliminated, while others are relocated. The end result should enable faster and more reliable operations through the center city.

The recommendations come as the region’s largest transit provider is working to both expand and reform existing operations in order to improve its bus service operations. It also comes at a time when Metro is gathering public feedback with regard to what kinds of improvements existing and would be transit riders would like to see made.

The open house will take place from 10am to 2pm on Thursday, November 5 in the boardroom of Metro’s main office, which is located on the 12th floor of 602 Main Street.

In addition to large posters of the proposed route changes, which are all made available at the end of this story, Metro’s planning staff will be on-hand to answer any related questions. Those unable to attend the open house in person are encouraged to email comments to routecomments@go-metro.com or submit comments through an online submission form. All comments received prior to 5pm on Thursday will become part of the official project record.

Following this public feedback period, transit planners will final revisions and begin putting together an implementation plan. Based on the current schedule, Metro officials believe the changes can be implemented by March 2016.

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Business News Politics

National Citizen Survey Shows Perceptions of Hamilton Continue To Improve

High Street [Provided]

With the recent announcements of two major new employers, London-based Barclaycard and Colorado-based StarTek, bringing hundreds of new jobs to Hamilton, it may come as no surprise that the city performed comparatively well on the 2015 National Citizen Survey.

Made available to residents in nearly 550 other localities throughout the United States, the NCS is considered by most counties and municipalities as the standard-bearer for collecting meaningful qualitative data and providing informative, actionable feedback.

At the survey’s conclusion, each participating community received an in-depth report that summarized their residents’ responses in three areas: community characteristics, governance and participation. In aggregate, these are compiled to give a general overview of the community’s livability and quality of life. Embedded within this, the questions collect residents’ thoughts about eight key aspects that are central to any community: safety, mobility, the natural environment, the built environment, recreation/wellness, education/enrichment, and community engagement.

While the comparison to other communities is certainly useful, what’s most telling is how the Hamilton of today compares to the Hamilton of its not-so-distant past.

When lined up against its results from the 2011 NCS, the city saw positive gains in a nearly two-thirds of the survey. Not only did the city improve upon those areas where it had been lagging for decades, it also continued to bolster its status as a high-quality, cost-effective producer of public utilities and public goods.

From its best-tasting water, its increased hydroelectric energy production, to its publicly accessible natural-gas station (the first and only in Greater Cincinnati); Hamilton has proven that it is indeed possible to effectively provide public services through economically uncertain times.

It wasn’t all great news, however, with some of the lowest scores falling within the realm of transportation. In particular, few residents responded positively to questions about public transit and traffic flow, both of which have been notoriously subpar for a city of Hamilton’s size. By comparison, nearby Middletown, which is smaller than Hamilton, has had direct access to Interstate 75 and its own four-line public bus system for decades.

Within the city proper, there are only three bridges that connect the city across the Great Miami River within the city proper, all of which carry local roads. Further complicating this is Hamilton’s lack of any highway-grade road infrastructure of any significance as well as numerous at-grade railroad crossings on both sides of the river.

The city is attempting to address some of these transportation issues by moving forward with the $29 million South Hamilton Crossing project, while also lobbying to restore regular passenger rail service.

Public transit of any kind is non-existent in Hamilton, which only frustrates this situation even more. In response to this, city leaders say that they are working to improve relationships with Butler County and other entities within the county, including Middletown and Miami University, to improve public transit offerings.

In particular, the Butler County Regional Transit Authority has essentially absorbed operation of what had been independent bus services in Middletown and Oxford in order to build connectivity among the county’s population centers. BCRTA also maintains routes to West Chester and Tri-County Mall in coordination with Cincinnati’s Metro bus system.

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Business News Transportation

Red Bike Firmly Establishes Itself As Tri-State’s Largest Bike-Share Program

Red Bike recorded its 100,000th ride early last week when Keith Piercy checked out a bike at the Port Bellevue Station in Northern Kentucky.

According to Jason Barron, Executive Director of Red Bike, Piercy rode the bike across the river and docked it at the Freedom Center Station at The Banks. Piercy explained that he was out running some errands and was even on his way to go buy a new bike helmet.

“This is awesome. It [Red Bike] has been working out great for me,” Piercy said. “It is really helping out our one-car family.”

The moment comes as data from the American Community Survey found that Cincinnati has one of the fastest growing bicycling communities in the nation, and the biggest in Ohio. It also comes just after the one-year anniversary of Red Bike’s launch, which also took place in front of the National Underground Railroad Freedom Center.

According to Barron, ridership has far exceeded initial expectations, with more than 17,000 people using Red Bike in its first year. This growth also fueled the quicker than anticipated expansion of the system. With 50 stations located on both sides of the Ohio River, Red Bike is the largest bike share system in Ohio, and the first public bike share system in Kentucky.

While it is expected that ridership and system growth will level off over the second year of operations, Red Bike leadership is looking to iron out finances and expand upon programs, like the one recently launched with CityLink, to make the system more accessible to people at all income levels.

Annual memberships can be purchased for $80, while day passes can be purchased for $8. Semester passes, which are good for 120 days and are marketed toward university students, can be purchased for $30.

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Arts & Entertainment Business News

Angst Coffeehouse & Pub To Have Grand Opening in Walnut Hills on October 21

After some unexpected delays, Angst Coffeehouse & Pub is set to have a grand opening in Walnut Hills on Wednesday, October 21.

The owners started welcoming some initial customers a few weeks back as part of a soft opening, but now they are prepared to welcome the public with a grand opening celebration.

“We wanted to open ASAP after being delayed by contractor and inspection issues for about a year,” said owner Ron Ordoñez Reblando. Angst 2.0, as he refers to it, is the next generation for the establishment which first opened back in the 1990’s.

The opening comes after Angst became the first recipient of the THRIVE Grant, which was established to help spur new business investments in the Peeble’s Corner business district.

A board member of the Greater Cincinnati Independent Business Alliance, Ordoñez Reblando also says that the shop is representative of a larger movement to develop more locally owned, independent businesses. And he says that he is thrilled to open in the Walnut Hills neighborhood where he has been active as a volunteer for neighborhood clean-ups.

While the original Angst was located nearby in Mt. Auburn, Ordoñez Reblando says that he was impressed with everything that was happening in Walnut Hills; and, with the support of his friend Paul Meise, decided to move the operations to the historic neighborhood.

The location of Angst Coffeehouse & Pub is located within the Walnut Hills Community Entertainment District nearby Fireside Pizza, thus enabling them easier access to a liquor license. But first and foremost, he says, the goal is to create a welcoming third place – somewhere people can be comfortable that is neither their home nor workplace – in the neighborhood.

Ordoñez Reblando is originally from Los Angeles after he and his parents immigrated to the United States from the Philippines when he was only nine years old. He has been in Cincinnati since 1993 after being hired by P&G from Yale University’s business school; and is hoping to bring his travels and experience to Angst’s menu.

“Our specialties are delicious carnitas tacos,” Ordoñez Reblando said in reference to LA’s popular street taco stands. “The type that I serve at Angst represents that style. We also created a version with melted cheese that adds to the umami flavor of the pork.”

Alongside the tacos Angst has a selection of local beers to pair with them. By choosing locally brewed beer, they hope to keep the money flow within the community. In addition to that, he highly recommends their house lime pineapple punch to go with the tacos.

Prices are set at a range that is meant to be affordable for a wide range of customers, and they offer a “Beer It Forward” system where neighbors can pay for each other. The way it works is that if you forgot your wallet or are short on cash, you can claim one of the tabs that has already been prepaid.

Angst Coffeehouse & Pub is located 2437 Gilbert Avenue and will host its grand opening party on Wednesday, October 21 from 6pm to 9pm, but will remain open until midnight.