Category: Business

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Business News

Probasco Urban Farm Looking to Grow Cincinnati’s Local Food Scene Through Mushrooms

Alan Susarret at Probasco Urban Farm [Provided]

Probasco Urban Farm is bringing gourmet mushrooms to restaurants, grocery stores, and farmers markets across the city. The operation is running out of a facility on the edge of Camp Washington and Fairview at 2335 W. McMicken Avenue.

The business, owned by Alan Susarret, was first set up in spring 2013. Ater extended trials Susarret says that he has been able to keep a steady business since this past winter. Technically, though, his mushrooms have been out in the market since fall 2012.

To get things going, he said that he forged partnerships with locally owned businesses like The Littlefield, Quarter Bistro, La Poste, Fond Deli, and Madison’s Grocery.

“Currently I’m supplying Northside Farmer’s Market, Hyde Park Farmer’s Market, and Nectar Restaurant,” Susarret said, “I am also supplying two dozen of Probasco Urban Farm’s own Season Share Members.”

While urban farming has been consistently growing in popularity, it is still in its infancy in Cincinnati. In their case, they grow the mushrooms from long bags that are suspended from the ceiling under fluorescent lights. The floor is covered by wet rocks to keep the area moist and it all gets sprayed down with ordinary water once a day.

Susarret says that they put sawdust and mycelium in the bags to make the mushrooms pop out reaching for fresh air. He says that the mushrooms are even part of the mycelium used in order to spread its spores into new territories.

To keep things natural Probasco Urban Farm rotates materials through quickly and gets a few big crops over shorter periods of time. This allows them to avoid using pesticides; and it’s a way to keep bugs away and ensure lots of fresh air is moving around the mushrooms.

“My current focus is to produce mushroom species that grow quickly and need less initial investment,” Susarret explained. “Though future plans are to grow Shiitake, nearly exclusively, and supply more restaurants and local CSA’s.”

His vision does not end there. Susarret says that he also hopes his business helps to increase the offerings of locally grown food and food sharing systems, like Our Harvest and Urban Greens, starting to take root in the region. The thought is that if more people are getting their food from small businesses, it will have a longer-lasting impact and connection for those buying and supplying the food.

The thought that grocers carry a specific selection of produce that is readily available seven days a week, and has its price heavily influenced by all sorts of things outside of the consumer’s control – fuel costs, freight logistics, union contracts, weather in another city – is something that disturbs Susarret.

“Being a gardener, I know intuitively that there is something special about the basil that you grew on your windowsill and picked yourself,” he explained. “People do care about food; and if I can make a contribution to Cincinnati’s larger food scene, CSA’s, and all the new options out there, then I’m giving something to an interesting and unique culture that we’ve created here.”

Susarret will be teaching a free workshop on ways to grow mushrooms in home gardens at Sayler Park Sustains Festival on June 13. And for those interested, they are also the ones with goats roaming the hillside.

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Business Development News

Autograph Collection Hotel Planned for Former Anna Louise Inn Building

Anna Louise Inn

Shortly after breaking the news that The Banks development team is in negotiations with AC Hotels to bring the trendy European hotel brand to the central riverfront, UrbanCincy confirmed that the real estate development arm of Western & Southern is close to finalizing an agreement that would bring a boutique hotel to Lytle Park as well.

Multiple sources have confirmed that a deal is being worked out that would bring an Autograph Collection hotel to the former Anna Louise Inn. When reached for comment, Mario San Marco, President of Eagle Realty Group, acknowledged that the company is working diligently to bring an Autograph Collection hotel to the site, but that details had not yet been finalized or presented to City Hall.

Western & Southern executives had previously stated that they wanted to bring a boutique hotel to the site that would have somewhere around 106 rooms. The plan would fit the company’s larger plans for the historic district that call for creating a high-end enclave surrounding Lytle Park, which Western & Southern helped save from demolition in the 1960s by pushing for the creation of Lytle Tunnel.

Autograph Collection is a unique brand owned by Marriott International. Instead of the rest of their brands which maintain their names, Autograph Collection makes a unique name and concept for each of their sites. The closest such hotel is Cleveland’s 156-room Metropolitan at The 9.

Sources have also confirmed that, like the AC Hotel at The Banks, this boutique concept by Autograph Collection would be managed by Cincinnati-based Winegardner & Hammons.

The two recent hotel announcements appear to be the end of the center city’s recent hotel boom that has included a new 122-room SpringHill Suites, 134-room Residence Inn by Marriott, 160-room 21c Museum Hotel, 323-room Renaissance Hotel, 105-unit Homewood Suites, 144-room Hampton Inn & Suites, and a 144-room Aloft Hotel.

The boom has also included major, multi-million dollar renovations of the Hyatt Regency and Westin Hotel in the heart of the central business district. The remaining unanswered question continues to be what will happen with the deteriorating Millennium Hotel, which, at 872 rooms, is the center city’s largest, and serves as the region’s primary convention hotel.

Despite the addition of more than 1,100 new hotel rooms over the past several years, occupancy rates have held relatively constant. More critically, room rates and RevPAR – the hotel industry’s calculation of revenue per hotel room – have been steadily increasing over the same period and are now well above regional and national averages.

Project leaders at Eagle Realty Group declined to provide any specific timeline or budget for the project, but previously stated that they hope to get an operator under contract by mid-2015, with construction commencing shortly thereafter.

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Business News

Federal Reserve Has Rosy Outlook for Cincinnati’s Over-Performing Economy

A spring 2015 update on the economic health of the Cincinnati region from the Federal Reserve Bank of Cleveland gives reason for optimism when it comes to the area’s recovery.

The Cincinnati metropolitan area is recovering at a rate equal to that of the nation, and production, income, and GDP are all up in the area. LaVaughn Henry, vice president and senior regional officer of the Federal Reserve Bank of Cleveland’s Cincinnati Branch, cited the area’s diversified economy as one reason for robust growth.

More specifically, the Fed pointed to Cincinnati’s large employment percentages in the consumer marketing field as a reason for its success. As the nation continues to recover and consumer confidence and consumption rise, Cincinnati is poised to benefit at a greater rate than other metropolitan areas.

Further bolstering the region’s growth are the construction and manufacturing sectors, having grown 7% and 4% over the last year, respectively. Healthcare and education are also growing, while the area’s business and professional sectors are lagging behind national averages.

Overall Cincinnati’s performance seems to be mirroring that of the nation, with high growth in manufacturing and construction, stagnant growth in government, and large drops in the information sector.

The region’s employment rate now stands at 4.5%, nearly a point lower than the national average and the lowest level in 10 years. The average Cincinnatian is seeing the fruits of this economic growth, with wages growing faster than the rest of Ohio and other nearby metros. Henry says that wages are poised to reach an average of $840 a week – a level not seen since 2007.

The region, however, has not yet managed to reach pre-Recession employment levels. This is in line with the national trend, although behind local metropolitan areas.

The Federal Reserve Bank of Cleveland also cited recent announcements from companies planning major job expansions as reason for continued optimism that the area’s employment growth will continue. While the local housing market has seen sluggish growth, the Henry says that shrinking housing supply and increased construction will strengthen the sector.

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Business News

Petscapes Resort and Spa to Bring Modern, Relaxed Pet Services to Center City Residents

Ashley Roedersheimer with Killian [Travis Estell]

Center city residents will soon have a new option for their pet care needs when Petscapes Resort and Spa opens in April.

Located on Garfield Place right on Piatt Park, owner Ashley Roedersheimer says she is excited to open up her business in the heart of the city.

“This location is a perfect choice as it is connected to the Garfield Apartments, which is pet friendly,” Roedersheimer told UrbanCincy.

The west side native said that she was particularly drawn to the downtown area due to the increase in the number of residents living there, and the few offerings of this nature for those residents – many of which have pets of their own.

Petscapes Resort and Spa will take up 1,270 square feet of space for its daycare and grooming operations. The space is split up with most of it in a basement level and the rest of it at street level.

Roedersheimer, a self-described dog person who has grown to like cats more and more as she has gotten older, says that the opening of the store is also the realization of a dream for her, and has been saving money for it since she was 14 years old.

“I want to provide the pet owners of downtown a place where they can confidently drop their pets off during the day while at work, school, or wherever, and they can assure their pet is being properly cared for at a convenient location for a great price.”

While Roedersheimer is the sole owner, she will be joined by Stacy Black who will work as the grooming specialist after having worked in the industry for more than eight years. In the future, once their clientele has been built, they say the plan is to hire additional employees to handle increased grooming demands and walking and bathing duties.

Full service visits at Petscapes Resort and Spa will range from $35 for extra small breeds to $100 for large breeds and include a massage bath with specialty shampoo and conditioner, blow dry and de-shedding treatment, nail clipping, ear cleaning, hair cut of the owner’s choice, and the option of a bow or bandanna and cologne. Touch-up prices will run a bit lower and they say that the cost can fluctuate based on the coat of the animal.

Pet owners will also be able to choose a number of add-on services including flea treatment, medical shampoo treatment, nail grinding, teeth brushing, and more.

One of the major points of emphasis for the new grooming salon and daycare is the comfort of both the animals and their owners. In addition to providing a locker, not a crate or kennel, for each animal that includes food, treats and toys, the pets are also offered walk time to ensure that the animal is getting proper exercise.

“I want the pets and owners to feel a sense of relaxation when visiting Petscapes Resort and Spa,” Roedersheimer explained. “The facility provides separate areas for the dogs that interact better with certain breeds.”

For those owners who want to check in on their pets while they are away, Roedersheimer, who owns a Rottweiler named Killian, says they will be able to login to the website and check in on their animals, and that the lobby area will also include a television with a display of the animals at play downstairs.

While the details have not yet been set, Roedersheimer says that they will host a grand opening event with special pricing on select grooming services and coupons for discounted daycare services. Those interested in attending and taking advantage of the specials are encouraged to connect with Petscapes Resort and Spa on Facebook.

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Business News Politics

What Will It Take for Hamilton County to Solve Its Homelessness Problem?

City Gospel Mission [Provided]

According to the most recent numbers from the U.S. Department of Housing and Urban Development, there are just over seven thousand homeless people in Cincinnati. To be specific, there were 7,062 people either on the street or in a shelter in 2013.

This number can be a bit misleading since it does not include the many more people who have recently lost their home and are now staying with a family member or friend, or are unable to be counted at all.

The way in which local organizations are handling this situation is different today than it was decades ago. In the past the trend was to provide what experts refer to as site-based units. This has changed over the years to a model more akin to Section 8 housing vouchers, where subsidies are provided for people to go find housing out on the open market.

According to the Strategies to End Homelessness, approximately 97% of the 3,300 people in permanent housing in Cincinnati are in these scattered sites. Part of the reason for the change is due to changing funding priorities, while another large factor is that many people reject the idea of having supportive housing built in their neighborhood.

This has caused problems for local leaders who view the Homeless to Homes plan, which includes the construction of five new shelters, as part of a long-term solution. While the shelters are new and improved, they also typically include an overall reduction in total units provided. So with the total number of units and the number of homeless remaining constant, some are wondering what the ultimate solution is.

Salt Lake City has recently received national praise for their homelessness program where they simply have built and provided housing units for every homeless person in their community. It is a nod to past techniques, but one that appears to be getting results.

While it has received the attention, not everyone is convinced that Salt Lake City’s approach is all that unique, or all that comprehensive.

“It’s about giving people housing,” Kevin Finn, President and CEO of Strategies to End Homelessness, told UrbanCincy. “If homelessness is the problem, then providing housing is the solution.”

The problem, Finn continued, is that the vast majority of the funds that are provided by the Federal government has strings attached and almost never allows for prevention programs. And with homelessness typically being what Finn calls a short-term crisis, a strong investment in prevention might actually be more effective and economically sustainable.

“Somewhere around 80% of people who become homeless end up getting out of homelessness on their own,” noted Finn. “Unfortunately, we seem to be discouraged from even using the money that could be used for prevention on prevention.”

While Finn acknowledges that simply providing housing to those who truly need it is more effective than anything else, he also is quick to note that taking preventative measures can be far more cost-effective.

In Hamilton County, for example, it costs approximately $3,300 per year to provide supportive housing to someone. At the same time, it costs around $1,300 per year to shelter a person on a temporary basis, and just $1,100 annually to prevent someone from becoming homeless.

“I would agree that Salt Lake City has the right model for those that are homeless, but I would say that prevention is even more effective than that,” Finn emphasized. “The real challenge is to figure out what the right solution is for each individual person.”

Further complicating the prevention approach is its inconsistent funding levels from the Federal government. According to Strategies to End Homelessness, virtually no funding was provided for prevention prior to 2009, but then the American Recovery & Reinvestment Act infused local agencies with around $2.2 million annually over the next three years. At its peak in 2011, it resulted in the prevention of 2,800 people from becoming homeless.

When the stimulus program wound down, those funds went away with it; and those numbers have been in rapid decline ever since. Such inconsistencies make developing long-term plans and strategies next to impossible.

“The issue we struggle with is trying to reduce homelessness when the landscape of the resources is constantly changing,” said Finn. “From 2012 to 2013 homelessness increased in Hamilton County; but it was less than 1%, and considering our resources had been decimated it was a bit of a moral victory.”

Beyond just the funding issues, understanding the problem and recognizing the actual need for each person could yield even greater performance and savings.

First and foremost, Finn says the goal should be to determine who is close to homelessness, but can be prevented from reaching it. From there he says that it is important to figure out who has recently become homeless, and what level of assistance they need – short- or long-term. Not doing so could create the risk of providing the funds for someone to have long-term support, even though short-term support is all that is needed.

In order to tackle each case appropriately, local leaders are developing an early stage approach that is in line with nationally recognized assessment process for determining these details that can often be difficult to uncover.

Further assisting those efforts are the already established programs operating county-wide, including the Central Access Point hotline that allows for people to call and give notification that they are at risk.

Even with all of the challenges, Finn remains optimistic about the future. The City of Cincinnati has recently increased its amount of funding for human services, and has designated reducing homelessness as a priority for those funds. In addition to that, the United Way of Greater Cincinnati is now providing $150,000 per year for prevention efforts.

New data is scheduled to be released in the near future with updated figures on the region’s homeless population. While it is not yet public what those numbers are, it is expected that they will be along a similar trajectory as recent years. The hope, however, is that this trajectory starts to change sooner rather than later.

“Ultimately if we can prevent people from ever coming in, then we can save a lot of money and save that household the trauma of becoming homeless,” Finn concluded.