Category: Development

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Business Development News

Final Designs Revealed for $125M Dunnhumby Centre Tower

5th Street Exterior - Image Provided by ImageFiction.

In March of 2015, 700 employees will move into the long-awaited $125 million headquarters of dunnhumbyUSA at Fifth and Race street in downtown Cincinnati. The building is the culmination of a fifteen-year effort to reinvent the area just one block from Fountain Square.

In 1999 the city purchased and demolished a fourteen-story office building and parking garage at the site in anticipation of locating a Nordstrom’s department store downtown. When plans for the store failed to materialize, the site was paved over as surface parking for over a decade.

Last year, dunnhumbyUSA and the Cincinnati Center City Development Corporation (3CDC) partnered with the city to develop the block as the new headquarters for the company. Earlier this year, the project received approval on the interior design of the building, which includes open floor plans, and two light wells that will provide natural light during the day through to the bottom floors of the office structure.

Today dunnhumbyUSA presented its exterior designs to the city’s Urban Design Review Board, which makes advisory decisions on approval for landmark structures.

The designs for the new structure were put together by architecture firm Gensler.

The presentation is the culmination of over nine months worth of work on the exterior presentation of the building.

“We designed the building from the inside out. There was a lot of attention paid to the habits and needs of our employees,” Dave Palm, Senior Vice President of Operations with dunnhumbyUSA, told UrbanCincy.

The exterior façades of the building are meant to accentuate the data driven nature of the company and avoid the repetitiveness of patterns, and are made up of an arrangement of white and charcoal grey panel frames. The entrances on each street façade, meanwhile, are accentuated by a cascade of white paneling up the side of the building. This pattern called, “zippers” help break up the massing of the structure.

Other features of the building exterior include outdoor inset areas located on the building’s eighth floor. Further outdoor opportunities are located on the top floor where a significant portion of the floor will be dedicated to outside events.

Although only nine stories in height the floors of the building will be 14 feet high with 20-foot high ceilings for the street-level retail. The building will be the equivalent height of a more traditional 12-story building. Additionally, the three parking levels above the retail level will be convertible to office when the company needs to add room for expansion.

The first level retail section comes in at just under 30,000 square feet and features an all glass street-oriented façade. 3CDC is charged with attracting retail tenants.

“We would prefer to find a local business,” Adam Gelter, 3CDC’s Executive Vice President of Development told UrbanCincy. Gelter went on to say that the retail space can go to one tenant or be broken up into three or four separate retail spaces.

The building is slated to be completed in January 2015 with move-in set for March of the same year.

This project, along with the construction of a 30-story apartment tower and grocer and the continuing plans to construct up to 225 apartments above Macy’s at Fountain Place, is set to transform the long neglected corridors along Sixth Street and Race Street and could spur additional investments in development opportunities in the western portion of the central business district.

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Development News Opinion

VIDEO: Why Suburban Development is a Giant Ponzi Scheme

Chuck Marohn with Angie Schmitt at CNU 21

We were joined by Chuck Marohn, founder of Strong Towns, on The UrbanCincy Podcast on June 21, 2013. On that podcast we discussed the financial realities of place, and debate how to get our communities back on the path toward financial sustainability.

Naturally, we discussed the great suburban experiment and how it has turned out to be a total failure. The concept can be difficult to grasp as we often see huge economic gains for places that build new strip malls or sprawling subdivisions, but the long-term reality is much different.

Chuck likes to refer to this as a type of a Ponzi scheme. It’s a controversial phrase to throw around, and it naturally garners a lot of attention when it is used, but there is a lot to what he has to say about the topic.

StreetFilms followed Chuck around the country for several months as he shared his information and message with thousands of people. Their short film compiles a lot of this content and puts it into an easy-to-digest video explaining the concept of the Suburban Growth Ponzi Scheme.

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Business Development News

PHOTOS: Mercer Commons Beginning to Reshape Central Over-the-Rhine

Mercer Commons has long been considered a critically important site in Over-the-Rhine due to its size and central location.

In 2005, Cincinnati Public Schools purchased the land and existing buildings on the 2.2-acre site with the plan to rebuild the shuttered Washington Park Elementary School there.

As plans changed over the years, the school district decided to abandon the school plans for the site and instead sell it to the Cincinnati Center City Development Corporation (3CDC) to pursue a $63 million mixed-use development.

Consisting of a new 340-space parking garage, 28 condos and 96 market-rate apartments, 17,600 square feet of commercial space, and 30 affordable apartments, Mercer Commons is not only adding new structures along Vine Street and Fourteenth Street, but is also renovating 19 historic structures as part of the overall development.

With work on phase one nearing completion, and ground recently being broken on phase two, Mercer Commons is now transforming a large central portion of Cincinnati’s largest historic district.

UrbanCincy staff writer and photographer Jake Mecklenborg visited the site last week to document its progress. What he found is that the finished development will have the appearance of having been renovated and constructed at various times, instead of all at once as it actually is.

“They are building modern-looking row homes on Mercer right next to all the renovations, and I noticed that it looks like they’ve paid some attention to the back alleys, since this is how residents will reach the parking garage,” Mecklenborg explained.

He went on to say that the development team appears to be reusing bricks in the alley serving the site, and that this will end up being the primary access point for residents living at Mercer Commons.

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Business Development News

PHOTOS: Grandin Properties Completes $1.6M Renovation of 135-Year-Old Hummel Building

The Hummel Building as seen from Washington Park. Photograph by Paige Malott for UrbanCincy.

Ninety years after the founding of the City of Cincinnati, in a day when Over-the-Rhine was home to over 40 breweries and Barney Kroger was still writing his business plan; three men sat in a saloon along Vine Street finalizing the design for Music Hall and a property adjacent: 1401 Elm Street.

The triage of architect Samuel Hannaford, Cincinnati political boss George Cox, and construction contractor George Hummel built 1401 as mixed-use development. In addition to multi-family homes, the property included the Hummel Family Market and the ever-popular Hummel Saloon.

Erected in 1878, the structure has withstood the test of time allowing for modern-day developers, Cincinnati Center City Development Corporation (3CDC), Hudepohl Construction, and Grandin Properties to rehabilitate it 135 years later.

The $1.6 million project was celebrated with a ribbon cutting ceremony attended by Chad Munitz, Executive Vice President of 3CDC, Vice Mayor Roxanne Qualls (C), Cincinnati City Manager Milton Dohoney, Councilmember Laure Quinlivan (D), and Peg Wyant of Grandin Properties.

The Hummel Building, which is now home to a 1,900 square-foot restaurant space and four condominiums priced from $270,000 to $375,000, is also the first Over-the-Rhine project for Grandin Properties.

A company best known for their work in upscale suburban neighborhoods such as Hyde Park, Grandin invested in 1401 Elm for both its historic significance and recent resurgence of the urban lifestyle.

“Cincinnati is reinventing itself as a hub of influence and innovation,” stated Grandin CEO, Peg Wyant at the ribbon cutting ceremony last week. “Grandin Properties is very pleased to be a part of it.”

Just around the corner from the Hummel Building, crews continued roadwork in preparation for the Cincinnati Streetcar.

“It is exciting to see this property link up with the streetcar,” noted City Manager Milton Dohoney. “Great things happen as we continue to invest in the city with the help of 3CDC.”

The Hummel Building is the second of seven projects to be completed during the fifth phase of 3DCDC’s redevelopment work in Over-the-Rhine. Other properties include Republic Street Lofts, Tea Company Townhomes, Westfalen II, B-Side Lofts, Mercer Commons, and Nicolay, as well as the Bakery Lofts which opened earlier this year. Hummel’s first floor restaurant is slated for a public debut on November 26, 2013.

The City of Cincinnati and 3CDC have financed more than $315 million in redeveloping Over-the-Rhine since 2009. The 110-square block neighborhood is home to the largest concentration of historic structures in the United States: 943 buildings. To date, 103 of those buildings have been restored or stabilized through the work of 3CDC.

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Development News Politics Transportation

Financing Falling Into Place for $108M MLK Interchange Project

Planning and financing is progressing for construction of a new interchange between E. Martin Luther King Drive and Interstate 71. The $108 million MLK Interchange will fill the most obvious gap in the area’s expressway system – zero access to Uptown from northbound I-71 and circuitous access from southbound I-71 via the William Howard Taft ramp.

The Taft and McMillan ramps will remain under the state’s current plans, but the new MLK Interchange will become the preferred point of access for the University of Cincinnati, Children’s Hospital, the Cincinnati Zoo, University of Cincinnati Medical Center and surrounding residential neighborhoods.

MLK Interchange Site
Martin Luther King Drive as it passes over I-71 presently. Photograph by Jake Mecklenborg for UrbanCincy.

In addition to the MLK Interchange, the Ohio Department of Transportation (ODOT) broke ground on the reconstruction of I-75’s Hopple Street Interchange. This project will reconfigure W. Martin Luther King Drive west of McMicken Street to meet Hopple Street on a new bridge above Central Parkway.

Two years ago UrbanCincy reported on these two transformative projects, planned for each end of Martin Luther King Drive, which will dramatically change the way motorists access the region’s second largest employment center.

The MLK Interchange has been the subject of considerable attention during the first half of 2013 due to the controversy generated by COAST when it worked to block Cincinnati’s Parking Modernization & Lease deal. The deal, which is now proceeding after a lengthy legal battle, was originally envisioned as the source for the $20 million local contribution to the interchange project.

In addition to blocking the parking deal temporarily, the injunction prevented the City of Cincinnati from passing emergency ordinances. This detail jeopardized the streetcar project, as it was timed perfectly to coincide with council’s need to allocate additional funds after construction bids returned much higher than expected.

MLK Interchange Preferred Alternative
Financing is beginning to fall into place to fund the preferred alternative for the $108M MLK Interchange. Provided.

In April, an effort led by COAST and City Council member Chris Smitherman (I) gathered the necessary signatures to place the parking lease ordinance on the November 2013 ballot. However, on June 12, the parking lease injunction was overturned by Judge Penelope R. Cunningham, wife of anti-streetcar and anti-parking lease 700 WLW talk host Bill Cunningham.

With the ballot issue avoided, streetcar and MLK Interchange planning resumed.

On July 9, the Ohio Controlling Board approved $4.2 million for property acquisition near the planned MLK Interchange in anticipation of a July 2014 start date for the project. Then, on July 22, Ohio Governor John Kasich (R) announced that a portion of his $3 billion lease of the Ohio Turnpike will fund the state’s contribution for the project.

The turnpike deal, which is similar in its strategy to Cincinnati’s parking lease, has hypocritically been spared the legal obstructionism of COAST or the criticism of talk radio hosts.

The City of Cincinnati is hosting a neighborhood meeting on July 24 at the Hampton Inn & Suites in Corryville at 3024 Vine Street between 5pm and 7pm. According the city, the meeting is “intended to guide the Uptown neighborhoods, institutions and city in visioning the future character and nature for the corridor.”

City officials say that formal presentations will be given on the half-hour, and that those who are unable to attend can still submit their comments or questions until Friday, August 2, 2013. Those wishing to submit their comments outside of the meeting can either email info@uptownconsortium.org or send in written correspondence to the Uptown Consortium at 629 Oak Street, Suite 306, Cincinnati, OH 45206.