Category: Development

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Development News

Proposed Tax Would Provide Dedicated Parks Funding Stream, $85M in Improvements

A campaign to improve Cincinnati’s parks by raising the City’s property tax by 1 mill will “change the city for the better,” according to Cincinnati Mayor John Cranley (D).

Cranley made his remarks during the official launch of the Citizens for Cincinnati Parks levy campaign on Saturday morning at New Prospect Baptist Church in Roselawn.

The charter amendment would raise the City’s property tax rate to 13.1 mills and would bring in approximately $5.3 million a year. The move would require City Council to fund the Parks Department’s capital budget at its 2016 budget level, and approve bonds for capital improvements using levy revenue.

Proponents say that 75% of the levy revenue will be available for the City to borrow against in order to fund 13 designated capital projects selected by the mayor and city manager. The remaining 25% will go to system-wide maintenance and operating costs.

“We’re asking to voters to pass a very small property tax that we believe, for that small amount of money – $35 a year per $100,000 value – will increase property values and increase the quality of life for all Cincinnatians as we take the wonderful park system and we bring it to the neighborhoods,” Cranley said.

The group needs to collect approximately 6,000 signatures by August 15 to make it on to the November 3 ballot. Cincinnati Parks has not placed a levy on the ballot since 1927.

“We have decided that the only fair way to do this, if we’re going to be asking the taxpayers to pay more money, is to ask the citizens first to even let us put it on the ballot,” Cranley said. “At the end of the day, we’re putting this decision in the hands of the voters, and we believe the value proposition is there. We believe that this will build a better city.”

Vision needs funding
Board of Park Commissioners President Otto M. Budig, Jr. said that his organization has been charged with creating the best parks system in the country, but despite generous City funding and donor contributions, it continually finds itself short on money for major initiatives.

“We have had some difficulty in developing major projects that have long been needed,” he said. “I went to the mayor and I said, ‘We need these funds to bring about a new vision. You give us a vision, we’ll take care of the details.’ The mayor has given us the vision.”

While many of the projects are only in the conceptual stage at current time, the Citizens for Cincinnati Parks website says that they were chosen due to being the most shovel-ready, with the ability to be completed quickly.

Multipurpose recreational trails are a major component of the plan, including the Oasis River Trail ($8 million), Wasson Way ($12 million), Mill Creek Greenway Trail ($5 million), and the Ohio River West Trail ($6 million). The City also plans to work with the Cincinnati Off-Road Alliance to develop more than 20 miles of off-road trails in Mount Airy Forest ($11 million).

“The bike system that will be created as a result of this levy, off-road, which is a big thing for me – I think off-road is a much safer, dedicated path that doesn’t have as many accidents – the most extensive, bicycle urban path in America,” Cranley said.

The plan would also raise $10 million for a joint venture between the City, the University of Cincinnati, and Clifton Town Meeting to create a new master plan for Burnet Woods.

“As I often say, Burnet Woods – even more so that Washington Park – could be the Central Park of Cincinnati,” Cranley said. “If you think about Corryville, CUF, Clifton, Avondale…all surround this park. It’s the densest part of the city and it’s right across the street from 30,000 students. We can have the same impact with that park as we did with Washington Park.”

Other projects include:

  • Developing part of the 20-acre New Prospect Baptist Church grounds into a communal programming center, athletic fields, and an urban camp site that would cost $8 million;
  • A public-private partnership with Western & Southern Financial Group that would provide $5 million to renovate and reprogram Lytle Park;
  • $5 million for the redevelopment of a portion of the former Mercy Hospital complex in Westwood into athletic fields and green space for an expanded Oskamp Park;
  • A $5 million redesign of Ziegler Park in Over-the-Rhine/Pendleton, in conjunction with the Cincinnati Center City Development Corporation (3CDC);
  • $4 million for streetscape and roadway improvements surrounding Christ Hospital and improvements to Inwood Park in Mount Auburn;
  • $2 million for the preservation of the historic King Studios site and development of a small café/museum in Evanston;
  • $2 million for upgrades around Westwood Town Hall and Epworth Avenue; and
  • $1.8 million for a new boat dock/marina at Smale Riverfront Park.

“Now we have this new vision,” said Parks Director Willie Carden, who already has overseen the amazing transformations at Smale Riverfront Park and Washington Park, among others. “The vision brings ‘parkonomics’, partnerships to the neighborhoods. We can do this. We can make this a safer, healthier community, but we need your help.”

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Development News

$52 Million Residential Tower Appears Poised to Move Forward at Eighth and Sycamore

Eighth and Sycamore Tower [John Senhauser Architects]

Following committee approval yesterday, City Council appears poised to approve a $7.3 million financial package that should bring a 130-unit North American Properties project to reality.

Designed by John Senhauser Architects, the $52 million, 15-story residential tower will accelerate the transformation of the northeastern corner of the central business district, where business leaders have been trying to rebrand it as the Eighth Street Design District for its cluster of design agencies.

As City Hall has done in the past, 3CDC will be used to build and operate a 500-space public parking garage, along with 10,000 square feet of commercial space, which is estimated to account for $16.5 million of the total project cost.

The project was first announced two years ago, and will take the place of the former two-story Red Cross building at the southeast corner of Eighth and Sycamore Street.

While the parking garage seems oversized at face value, it is part of a larger development efforts taking place nearby, including a 115-room Holiday Inn that includes no parking at all. As part of that deal, the City of Cincinnati agreed to build a parking garage that would provide 120 spaces. Originally planned to include 610 parking spaces, the new parking garage will support both developments and replaces an aging public garage that once occupied the site.

The relatively quick procession of this project stands in contrast to the 111-unit residential tower North American Properties recently completed called Seven at Broadway. Unlike this yet-to-be-named project, Seven at Broadway took more than a decade to complete, with an above-ground parking garage occupying the site since 2003.

The apartments at Seven at Broadway are some of the priciest in the city, and were pre-leased at a pace that surprised developers and investors. Price points have not yet been identified for this new project.

The completion of the Holiday Inn and this new residential tower will significantly alter this corner of downtown, but many still view the two large surface lots across Sycamore Street as the final major pieces of the puzzle.

The southern of the two lots is controlled by St. Xavier Church, and the northern lot is owned by Columbia Oldsmobile Company.

When General Electric was searching for a site for their new Global Operations Center, which ultimately located at The Banks, a rendering surfaced that showed an office building for GE on the northern of the two lots. Rumors have once again begun circulating online that the mockups might be or could be related to potential corporate offices for General Electric should they take action on their relocation threats to the State of Connecticut.

The full City Council will vote on this financial package on Wednesday

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Business Development News

Report Finds Homelessness Is Decreasing in Hamilton County and Cincinnati

A newly released report shows that homelessness in Cincinnati and Hamilton County declined in 2014 to levels not seen since 2010.

The report comes from Strategies to End Homelessness, a local leader of 30 homeless service organizations. Using data from the Homeless Management Information System, the non-profit organization said that they saw positive results all around.

The number of people on the streets, which saw a large jump in 2013, returned to 2011 levels. Those staying in emergency shelters also dropped by 7% since 2012, which officials say can be attributed to the increase in people being served by permanent housing programs, which has increased 167% since 2010.

Local leaders also say that this drop is also partially a result of their member organizations’ homeless prevention efforts, which Kevin Finn, CEO of Strategies to End Homelessness, told UrbanCincy in March is one of the most critical factors in reducing homelessness.

Since 2011, these organizations have seen only 10.2% of the people served by their shelter diversion programs later become homeless. Finn says that preventing people from needing a shelter is not only effective, but it saves money as well.

“Homelessness prevention activities work and at a fraction of the cost of assisting after a person is already homeless,” said Finn. “Stopping people from ever needing to enter a homeless shelter just makes sense.”

The report found that men make up 59% of Cincinnati and Hamilton County’s homeless population, and that some 66% of those that are homeless are black.

One of the national trends is that women and children make up one of the fastest growing segments of the homeless population. In Cincinnati and Hamilton County, the report found that children are 29% of the area’s homeless – 6% of which are children without adult accompaniment. Furthermore, approximately 15% were found to be veterans.

In all, the number of people on the streets, in shelters, or in transitional programs in all of Hamilton County was 7,810 in 2014.

The Cincinnati area received a U.S. Department of Housing and Urban Development grant of $15.4 million earlier this year to combat homelessness. This money has not yet been distributed, but once it does, it will be set aside for non-prevention programs.

Local leaders also have reason to be optimistic due to the ongoing investment in new facilities, through Cincinnati’s Homeless to Homes program, to care for the area’s homeless population.

“In 2015, three improved shelters are opening, significantly improving the quality of services being offered to the homeless in our community,” Finn said. “We are also hoping to expand prevention efforts, so that fewer people will have to experience the trauma of homelessness.”

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Development News

VIDEO: $86 Million Renovation of Nippert Stadium Nearing Completion

The $86 million renovation and expansion of the University of Cincinnati’s historic Nippert Stadium is nearly complete.

According to project officials, the work is expected to be complete in time for the Bearcats to host their first game back on campus – after a year away at Paul Brown Stadium – in three months.

The latest project video update reveals that virtually all exterior work is now complete, and that crews are now focused on interior finishings, along with some exterior facade treatments. They also note that the dramatic roll-open windows on the press boxes will soon go in, along with the ribbon scoreboards on both the east and west sides of the 114-year-old stadium.

Designed by New York-based Architecture Research Office and Heery International, the modern architectural style continues a trend on UC’s main campus of blending contemporary with historic designs. The large glass facade on the back side of the western concourse will, perhaps, serve as the best example of this as it looms over the historic, yet modern Tangeman University Center and internationally acclaimed UC Main Street.

The new Nippert Stadium will have an increased seating capacity of 40,000, and boast luxury boxes, press suites, new lounges, and a sorely needed expanded offering of restrooms and concessions stalls.

Originally projected to cost between $80-85 million, University officials say that the $86 million project is being funded through private donations and premium seat revenues.

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Development News

Columbus is not the biggest city in Ohio, and Indy’s not bigger than Boston

Yes, Boston is actually a bigger city than Indianapolis [Emmanuel Huybrechts, Flickr]

Following the release of the U.S. Census Bureau’s updated population numbers for American cities, much has been made about the urban rise of the west. Even the Census Bureau itself touted the growing number of cities with more than 1 million people – the vast majority of which are located west of the Mississippi River.

These numbers can be misleading, and often don’t even pass the smell test.

Is Jacksonville, for example, really a bigger city than Detroit, Washington DC, Atlanta and Boston? Or out west, would most people actually consider Phoenix to be a larger city than San Francisco, Seattle, Denver or San Diego? Of course not.

In both scenarios, however, that is precisely the case. That is because the municipal boundaries for Jacksonville (885 square miles) and Phoenix (517 square miles) are disproportionately large compared to the population of their city. Closer to home the same is true for Columbus (223 square miles), Indianapolis (368 square miles) and Charlotte (298 square miles) – all of which skew the average population density for cities east of the Mississippi downward due to their huge municipal footprints.

If you were to simply pick-up a daily newspaper and read the listing of America’s most populated cities, you would not get this full perspective and perhaps be misled to think that Columbus is the biggest city in Ohio, or that Indianapolis is the fifth largest city east of the Mississippi River.

Using this same practice, some might consider Cincinnati to be a small city that doesn’t even crack the top 30 in the United States.

Of course, we know all of this is skewed by all sorts of factors. Some cities sit on state or county lines, others follow historical boundaries from hundreds of years ago that have never changed, while other are granted more liberal annexation capabilities. In short, it’s politics.

Now if we were to look at America’s 30 most populous cities again, but rank them by population density instead of overall population, the picture would change rather dramatically. Most cities in the west fall considerably, while older cities in the east would rise. The outliers that have artificially inflated their boundaries over the years also fall into a more normalized position on the chart.

While Cincinnati is not in the top 30 in terms of population, we considered it anyways since this is UrbanCincy after all. After adjusting for population density, Cincinnati would vault all the way to the 16th “biggest” city in America, just behind Denver and ahead of Dallas. This is also more in line with Cincinnati’s metropolitan population ranking that falls within the top 30 in America.

Those cities in this analysis that are in the east have an average population density, outliers included, of 6,579 people per square mile, while those in the west, come in at 3,804 people per square mile.

If outliers like Jacksonville actually were as large as they project, and followed the average population density for the region, it would need to add close to 5 million people. Likewise, Indianapolis would need to add around 1.6 million people and Charlotte 1.1 million. Local politics and market conditions in each of these cities will never allow for this many new people to move within city limits.

The Washington Post is correct in that the west is getting more populated and urbanizing at a fast pace, but let’s not get ahead of ourselves. The most populated cities in the west would only be average, at best, in the east if they were judged by population density instead.

Now, factoring for population-weighted density would be an entirely different ballgame.