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Business News Transportation

Bikes ORO’s Millennial Founder Looking to Bring One-for-One Business Model to Bikes

A Cincinnati native hosted an Indiegogo, a website similar to Kickstarter, launch party this past Thursday at Rhinegeist Brewery for a company called Bikes of Reckless Optimism (Bikes ORO).

While the main objective of the company is to foster healthier and more eco-friendly lifestyles for everyone, Chelsea Koglmeier, the company’s founder, also hopes to create easier transportation for children in developing countries.

Koglmeier, a former employee at the Over-the-Rhine-based tech start-up Roadtrippers, said that she took a trip to Kampala, Uganda about a year ago and realized that most of the children in refugee camps there had to walk 8 to 10 kilometers (5 to 6 miles) just to get to school every day.

“Sending a seven-year-old out to do that twice in a day is a lot, and having access to a bicycle makes it a lot more reasonable for their families to let their kids go,” Koglmeier said.

In a business model akin to Toms Shoes, Bikes ORO benefits people in need around the world by using the revenues from bikes sold to help provide bikes to those individuals.

With the help of Perth-based design firm Flying Machine, each bike has its own unique design, with manufacturing taking place in Tianjin, China where two prototypes for the bikes have features like Gates Belt Drives instead of chains, three speeds, and an internally geared hub.

Koglmeier says the purpose of what she calls a “lifestyle business” is not to make lots of money or have a massive impact on those in developing countries. Rather, she hopes that by getting more people on bikes, instead of in cars, will help create better communities.

“I’m much more likely to waive at someone on the street than I am to waive at them when I’m in a car,” Koglmeier explained to UrbanCincy. “That means a lot for cities, and I think Over-the-Rhine is a great example of it. It’s powerful.”

After launching the crowdfunding campaign a week ago, Bikes ORO has already raised more than $20,000, with a goal of raising a total of $45,000 by the end of March. Helping the fundraising effort is the fact that the company has already produced several bikes that people can see and test.

“Because she has an actual, physical product, it’s not like people are giving money to invest in a company that will at some point do something,” said Tatiana Parent, a friend and colleague of Koglmeier. “Some of that money is people actually buying bikes, so it makes it a bit different than a typical Indiegogo campaign.”

At the Rhinegeist event, aptly named Bikes and Brews, people were donating money and took a look at some of the bikes.

“It’s great to see Chelsea with a big turn-out like this,” said Mike Morgan, from Covington. “She seems to have a pretty spiffy product and I kind of wish that they were already selling the bikes because I need a new commuter.”

The company launch has already grown beyond the Cincinnati market, with four other parties in three other cities pending.

The growth is something that is telling of both Bikes ORO’s product, but also the founder’s vision for healthier and more engaged communities.

“It encourages us to think about our world and how we’re taking care of it,” Koglmeier concluded. “It also, especially in city situations, creates this sort of community that you don’t get otherwise.”

Those interested in contributing to the campaign can do so by making a pledge through Bikes ORO’s Indiegogo campaign page.

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Business News Politics

Despite Progress, Cincinnati Not Viewed for Policy Leadership Across America

After surveying 89 mayors from around the United States, Boston University’s Initiative on Cities found that the chief concern amongst those surveyed was an increasing worry about maintaining and funding new infrastructure.

The analysis surveyed mayors from cities of varying sizes, including Cincinnati, and attempted to find the most pressing issues facing American cities.

With roads, mass transportation, and stormwater and wastewater management were the biggest concerns, the mayors specifically alluded to their historic reliance on the federal government as a partner in tackling these big-ticket issues. But more and more mayors around America have lost faith in both federal and state leaders in being reliable partners on large infrastructure projects.

In fact, a recent report authored by Aaron Renn at the Manhattan Institute looks at the issue many cities are facing when it comes to fixing combined sewer overflow problems. In the past, these infrastructure fixes were largely funded by the federal government, but have since become unfunded federal mandates that have led to enormous rate increases across the country, particularly in older cities.

Not all of the infrastructure issues were big ticket items. One such example was the support for bicycle infrastructure. Increasingly popular among America’s mayors, some 70% of those surveyed expressed their support for bike-friendly initiatives.

“Everyone understands that if you want to attract Millennials, you have to have biking infrastructure,” noted one of the surveyed mayors, who are allowed to remain anonymous, in the report. “And if you have bike infrastructure, you are going to upset people.”

Aside from infrastructure, major national news stories from 2015 seemed to factor into other concerns expressed throughout the country.

Those surveyed shared overwhelming support for reforms in policing, regardless of political party. Workforce development programs, initiatives to control rising housing costs, and policies focused on addressing poverty and inequality were all major issues of concern.

While housing prices were an area of major concern for those surveyed, there are large differences in opinion on how to tackle the issue. Some mayors expressed a willingness to emphasize affordable housing mandates even if it stymies development, while mayors of less prosperous cities were less likely to focus on affordable housing.

An area of potential concern for Cincinnati is that while it has gained national attention in recent years for its positive gains, many other mayors from around the country are not looking to the Queen City for policy guidance. Of those surveyed, Cincinnati was mentioned by less than 5% of them as a place they have looked at for inspiration.

Categories
Business News Transportation

Cincinnati COMTO Chapter to Award Nearly $10,000 in Scholarships to Area Students

The Cincinnati Chapter of the Conference of Minority Transportation Officials has announced that they plan to award area high school and college students with $10,000 in scholarships.

COMTO says that three scholarships are open to anyone interested in pursuing a career in the transportation sector, while one scholarship will only be available to existing COMTO members.

The largest, the Mallory Humanitarian Scholarship, was established to encourage and promote leadership and public service, and will award $2,500 to someone seen as the “next pioneer” that will help move the Cincinnati region through its next era of growth. The First Transit Achievement Scholarship will distribute $1,500 scholarships to area college students looking to make a difference in the transportation sector.

The MV Achievement Scholarship, which is nationally competitive, will distribute $750 scholarships to those recognized as individuals who share the passion of Feysan and Alex Lodde, who founded the nation’s largest minority and woman-owned transportation organization in 1975.

The Will Scott Scholarship will round out the awards, and is only made available to active COMTO members. Named in honor of Scott’s passion for assisting individuals with developing strategies to achieve their vision and mission, the scholarship also recognizes his establishment of the COMTO Cincinnati Chapter. This $1,000 scholarship will be awarded to someone who is seeking to further their education or advance their career development.

All of the awards will be announced at COMTO’s area luncheon on Thursday, April 21.

“The transportation sector is thriving and can be a very rewarding career choice,” said Cincinnati COMTO President Brandy Jones. “Through our scholarship program, we hope to inspire interest in the transportation industry and help develop its future leaders.”

Jones says that the fields of study that qualify include engineering, urban planning, logistics, management and mechanics, along with a handful of others.

The deadline for applications is Thursday, March 31. Additional information and application instructions can be found here: http://tinyurl.com/comtoapplication.

Categories
Business Development News

Construction Set to Begin on Cooperative Clifton Market Later This Month

After a hard-fought fundraising campaign, Clifton Market is expected to begin construction at the end of this month to convert the former 22,000-square-foot Keller’s IGA into a cooperative grocery store.

Incorporated in January 2014, the group behind Clifton Market successfully purchased the former IGA in April 2015, after a year of negotiations and challenges. Since that time, the group has raised money by selling ownership shares, acquiring two loans totaling $3 million to cover the costs for the building’s renovation and purchase of equipment, and securing a 12-year tax abatement from the City of Cincinnati that is valued at $1,063,000.

When the IGA closed in 2011, Clifton and other nearby neighborhoods were added to Cincinnati’s collection of food deserts – places where people are unable to easily access a full-service grocery store.

Following the store’s closure, Clifton residents met and decided to find a way to bring a grocery store back to the neighborhood. According to Marilyn Hyland, a Clifton Market board member, the group of citizens decided that a co-op model would be the most effective, allowing the group to pool their money in order to accomplish their common goal.

Hyland explained to UrbanCincy that the IGA closed, in part, due to problems stemming from the Great Recession, but that the grocery store was still doing around $200,000 in sales a week in its final days.

Clifton Market’s grocery market analyst, Keith Wicks, says that he predicts the new store will draw approximately 15,000 people a week, while also creating 35 new full-time jobs.

While there are a number of other grocery store projects either underway or in planning stages in Corryville, Northside and Avondale, Clifton’s store is expected to be bolstered by its proximity to high population density, along with the University of Cincinnati, Cincinnati State Technical & Community College, and Hebrew Union College.

Other neighborhood leaders, meanwhile, are excited for the additional foot traffic the store will bring to the historic business district, along with the reintroduction of local and organic produce to Ludlow Avenue.

“The amount of activity that will flow through the market will aid other Ludlow Avenue businesses in attracting customers, from the surrounding neighborhoods and beyond, into our business district,” said Brad Hawse, a member of the Ludlow 21 working group.

Hawse says that the group is looking forward to increased development in the area as young Americans continue to choose walkable, urban neighborhoods as their preferred locations to live, work, and play.

“This will also provide our neighborhood residents a convenient way to get healthy food without needing to drive or take the bus to a neighborhood across town,” Hawse explained. “This will not only decrease the amount of time they need to spend on grocery shopping, but also reduce the number of automobile trips our community needs to make.”

The development team says that they are currently waiting on their building permit to be approved, and hope to begin renovation work by the end of February. If all goes according to plan, Clifton Market is expected to open near the end of summer.

Categories
Business Development News

PHOTOS: Building Boom Changing the Face of Uptown Neighborhoods

While the construction activities taking place in Over-the-Rhine and Downtown often grab the most headlines, it is actually the city’s uptown neighborhoods where some of the most dramatic construction progress is taking place.

Numerous projects are underway that are adding four- to six-story structures all over Clifton Heights, Corryville, University Heights, Clifton, and Mt. Auburn.

The $15 million, 115-room Fairfield Inn & Suites is now topped out and filling in the remaining piece of the U Square at The Loop block along W. McMillan Street. Once this portion of the development is complete, attention will turn to developing the planned office building along Jefferson Avenue in between W. McMillan Street and Calhoun Street.

Just down the street from the hotel project site is The Verge – 178-unit residential development – which is also now topped out. This project has stirred controversy due to its demolition of two historic structures that were once on the site. In addition to that, the project is replacing a large surface parking lot and several small homes.

In Corryville, the finishing touches are being put on the $30 million, 147-unit VP3 residential development that, like The Verge, is targeting students studying at the University of Cincinnati. Likewise, the $25 million 101 E. Corry project is bringing an additional 123 apartments and eight townhomes to the historic neighborhood.

Nearby, and on the border of Clifton Heights and Corryville, is the University Plaza site, which has now been fully demolished of its previous structures. While the new development footprint will not differ significantly from what was there before, a new Walgreens is already nearing completion, and a new Kroger grocery store, twice the size of the previous store, will also soon begin construction as part of a $24 million redevelopment effort.

Finally, the $17 million, 117-unit Gaslight Manor residential development in Clifton is on-pace to be completed later this year. This project is replacing a less dense apartment complex that previously occupied the hilly site immediately northwest of Good Samaritan Hospital.

EDITORIAL NOTE: All 17 photographs were taken by Eric Anspach in February 2016.