Category: Development

Categories
Business Development News

Pogue’s Garage to Make Way for 30-Story Residential Tower, Grocery Store

Former Design Concept [Provided]

Cincinnati City Manager Milton Dohoney briefed City Council’s Budget & Finance Committee of the specifics of a plan to modernize and lease some of the city’s parking assets. Part of the immediate $92 million infusion, as part of the plan, would be used to spark the redevelopment of Tower Place Mall and Pogue’s Garage.

Dohoney stated that the vacant Tower Place Mall would be converted into a 500-space parking garage, with 20,000 square feet of street-level commercial spaces fronting onto Race and Fourth Streets.

“Residential is a huge factor in the ability to attract and retain retail, but what retail really wants is customers,” explained David Ginsburg, President/CEO of Downtown Cincinnati Incorporated (DCI), with regards to the state of the center city’s retail scene.

285333_10151760214824698_747240426_n Pogue's Tower
The City of Cincinnati has struck a deal that would tear down the crumbling Pogue’s Garage and replace it with a mixed-use residential high-rise. Renderings provided.

To that end, the adjacent Pogue’s Garage, as part of the project, would be torn down and the site rebuilt with a 30-story mixed-use tower with 300 luxury apartments, 1,000 parking spaces, and a 15,000-square-foot grocery store.

The reconstruction of Tower Place Mall, city officials say, would be overseen by JDL Warm, and would begin as early as fall 2013. The redevelopment of the Pogue’s Garage site would be overseen by Flaherty & Collins, which would be funded with $82 million in private investment and $12 million from the City through its new parking lease.

Project officials say that all of the financing is in place, and a new-to-market grocery store has been secured for the new mixed-use tower.

The new tower’s contemporary architecture would contrast the historic high-rises flanking it along Fourth Street, and would dramatically change the street’s landscape.

One other component of the project requires the developer to also build the planned 725-space parking garage on Sycamore Street, which is adjacent to the proposed 200-room Holiday Inn & Suites.

A timetable has not yet been set for the $94 million project, but work would seemingly be able to begin as soon as the proposed parking lease is approved by City Council. The City of Cincinnati and DCI are currently working with Paragon Salon regarding its space in the Pogue’s Garage. No details have been shared, but Paragon’s lease runs through 2017.

“We need to make sure that everything is working all the time on all cylinders,” Ginsburg told UrbanCincy with respect to the hierarchy of needs for downtown investment. “If I were to get a bumper sticker for my bicycle or my car it would just be one word – more. Downtown needs more residents, it needs more businesses, it needs more workers, it needs more diversity.”

Categories
Development News Politics Transportation

OKI Survey Results Show Preference for Compact, Walkable Communities

The OKI Regional Council of Governments has released the findings from its 2012 How Do We Grow From Here survey, and is reporting a record response.

According to OKI officials, the survey received 2,474 responses and more than 1,200 comments. In the past, the organization had received around 100 responses for similar surveys, but was hoping for higher numbers this time around due to a larger outreach effort.

The survey is intended to take the pulse of the Cincinnati region with regards to regional vitality, sustainability, and competitiveness with a special focus on land use and transportation policy. The results of the survey are then intended to be used when updating the metropolitan planning organization’s Strategic Regional Policy Plan (SRPP), which was last updated in 2005.

OKI 2012 Survey Results

“While much has been accomplished since the plan’s adoption in 2005, much remains to be done to reach its goals,” state OKI officials. “The SRPP needs to be updated to reflect the impacts of subsequent events such as the Great Recession and significant changes in our demographics, particularly as the baby-boom generation ages.”

Of the survey’s 21 total questions, seven offered particularly revealing insights into the psyche of those from around the region concerning transportation options, economic development strategies, and land use policy.

The survey results indicate a clear preference for sustainable and urban communities. Approximately 60% of respondents said that they felt urban revitalization and neighborhood redevelopment efforts are paying off, and a whopping 88.5% said that it is important to have safe pedestrian and bicycling options in their community.

While the 2,474 respondents stated that they wanted to see existing infrastructure maintained and their communities built in a way to support walking and bicycling, it does not appear that they feel the region is heading in that direction.

“Bicycle infrastructure can play a big role in enhancing public health, providing additional options for transportation, and reducing pollution,” commented one responder. “I also would support a comprehensive transportation plan that includes the extended streetcar line and light rail. This could reduce traffic congestion and pollution and enhance economic growth for our neighborhoods.”

More than a third of those responding said that they feel the region is growing in an unsustainable manner, and more than two-thirds expressed concern about how the region’s housing, transportation, healthcare, and recreation options will support aging individuals and younger generations that desire walkable urban communities.

A 2011 report from Transportation For America found that more than 64% of Cincinnati’s population between the ages of 65 and 79 will have poor transit access by 2015 – ranking the region as the 17th worst out of 48 regions with 1-3 million people.

When asked about energy and the climate, approximately 74% said that rising energy costs have impacted their lifestyle choices surrounding transportation and utilities. With nearly 85% of those same respondents feeling confident about knowing where to go to get more information or help to achieve greater energy efficiency, it appears that organizations like the Greater Cincinnati Energy Alliance are making a positive impact.

“OKI needs to develop renewable energy sources for our area and eliminate all fossil fuel usage in the next 10 years,” responded one individual on the survey. “OKI needs to actively promote the Greater Cincinnati Energy Alliance that has enough funding to upgrade close to 70,000 homes and business in the Hamilton County and northern Kentucky.”

OKI officials state that while they currently have no authority, and seek no authority, over local land use decisions, they hope that the results of their updated SRPP will bring about more consistency between local land use planning and regional transportation planning.

On episode two of The UrbanCincy Podcast we discussed the issue of transportation poverty facing Cincinnati’s aging population, and how unsustainable development patterns are hurting the region’s environment and economy. You can stream our bi-weekly podcasts online for free, or download the podcasts on iTunes.

Categories
Business Development News Politics

Inner-City Neighborhoods Center of Population, Economic Power in Cincinnati Region

The Cincinnati region has been one of the nation’s best economic performers over the past several years, and that has resulted in a 6.4% unemployment rate that is more than a point better the national average.

According to the U.S. Census, more than 968,000 jobs are scattered all over the region, but it is the City of Cincinnati that stands out as the dominant force for the 2.1 million person region.

As the numbers in the City of Cincinnati’s 2013/2014 Biennial Budget Report show, the financial standing of the central business district is critically important to the overall financial health of the entire city and county. According to the report, income taxes brought in $234 million last year – nearly 71% of the City’s total revenue in 2012.

Cincinnati Employment Density Cincinnati Employment/Population Share
While outlying suburban communities have seen an influx of jobs over the past 30 years, Downtown and Uptown remain the region’s preeminent job centers. Employment Density Map and Employment/Population Share Map by Nate Wessel for UrbanCincy.

In the Cincinnati Metropolitan Statistical Area (MSA), center city neighborhoods account for the highest concentration of jobs, with more than 22,000 jobs per square mile in Downtown’s 45202 zip code, and anywhere from 3,000 to 9,000 jobs per square mile in Uptown neighborhoods.

“Downtown and Uptown are the City’s largest employment centers and therefore they are very important to the City’s financial health,” said Lea Ericksen, Cincinnati’s Budget Director. “We want all our neighborhoods to improve tax earnings by increasing residents, jobs and overall economic vitality, but we are focused on the six GO Cincinnati strategy areas for redevelopment.”

Cincinnati’s 2.1% income tax largely goes to support the General Fund which pays for operating expenses like police officers and fire fighters. Smaller percentages also go to pay for public transit operated by the Southwest Ohio Regional Transit Authority (SORTA) and capital investments in City buildings and infrastructure.

Ericksen projects that while income taxes will remain the same, they will grow in value by approximately 2.6% annually over the next six years.

Income & Property Tax Earnings (2004-2016)
The City of Cincinnati has experienced steady growth in income tax revenues since 2004, but it has struggled to recover from the previous decade’s housing crash. Chart produced by UrbanCincy.

Property taxes are the next largest revenue generator for City Hall – accounting for $23.9 million in 2012. City officials expect this number remain stable over the next four years following an initial $7.8 million annual bump should the current property tax rollback be eliminated and set at 6.1 mils.

Like the clustering of jobs in the city’s urban core, the most heavily populated neighborhoods are also located within the center of the region.

“People are very interested in center cities, and we have an exceptionally attractive center city,” David Ginsburg, President/CEO of Downtown Cincinnati Inc. told UrbanCincy. “The architecture here and the geography that we have being in the valley. We just have a compact, spectacular downtown, and I think we have barely touched the surface of what the market can bear.”

Some of the most valuable residences are located along the central riverfront and eastside neighborhoods, with recent growth in northern communities in Butler and Warren Counties.

Cincinnati Population Density
Several neighborhoods boast densities of 7,000 or more people per square mile, and those neighborhoods are all centrally located. Population Density Map by Nate Wessel for UrbanCincy.

Uptown neighborhoods surrounding the University of Cincinnati and Xavier University, Downtown/Over-the-Rhine, and close-in neighborhoods on the westside and along the Northern Kentucky riverfront are the most densely populated in the region.

“We’ve seen quite a bit of where we rehab a home, the neighbor decides to rehab their home,” Ken Smith, Executive Director of Price Hill Will, said about the development corporation’s Buy-Improve-Sell program which has rehabilitated 52 thus far in 30,000-person neighborhood, on episode 14 of The UrbanCincy Podcast. “People are very impressed with the housing stock in the neighborhood, and they are often quite impressed.”

Not all is well, though, for city leaders as they attempt to recover from the housing crash that took place between 2006 and 2010. Neighborhoods like East and West Price Hill are aggressively working to improve their residential housing stock by getting rid of vacant units even by taking advantage of hundreds of demolitions planned throughout the city.

“We are working with the Hamilton County Land Bank to get these empty lots into hands of those next door, but there are going to be a few houses that I wish we could save, and in better times maybe we would have the money to save it, but in better times they may not have gotten to that point,” explained Price Hill Will’s Matt Strauss, Director of Marketing & Neighborhood Promotion at Price Hill Will. “The goal is not only to bolster owner occupancy, but to increase property values in the neighborhood.”

Listen to episode 14 of The UrbanCincy Podcast with the leaders at Price Hill Will to hear more about the work being done on the westside to recover from the housing crash, and episode 15 with David Ginsburg to get the latest insight on the region’s economic engine. You can stream our podcasts online or subscribe to our bi-weekly podcast on iTunes for free.

Categories
Business Development News

Proposed Clifton Heights Development Would Demolish Historic Christy’s & Lenhardt’s

On Tuesday, developers presented an initial concept to the CUF Neighborhood Association (CUFNA) for a proposed development at the southeast corner of W. Clifton Avenue and W. McMillan Avenue.

The development team of Gilbane and Optimus, is proposing a six-story, mixed-use development that would include 210 student apartments, street-level retail, and a 245-space parking structure. A total project cost has yet to be defined.

Clifton Heights Development_Concept Rendering
A concept rendering for what the proposed development would look like at W. Clifton and W. McMillan Avenues. Image provided.

Developers say that the two-story parking structure would be hidden by the larger apartment portion of the development, and mention that there would enough room for two retailers along both Clifton and McMillan Avenues.

“The building has an urban character that reflects and harmonizes with the new retail and residential complex across the street,” developers explained in a project report obtained by UrbanCincy. “A dramatic reduction of building scale happens as you turn the corner onto Lyon Street. The majority of this elevation is only two stories high and contains residentially scaled punched openings that are at the base of the Clifton elevation.”

Representatives from Gilbane and Optimus also say that the development will have “abundant” bicycle parking in addition to the spaces provided for automobiles.

Clifton Heights Development_Section Elevation
The concept section elevation shows how the proposed development would relate to its surroundings in Clifton Heights. Image provided.

Should everything go according to plan, the development team says that construction would start in May 2014 and open in August 2015.

The more than four-acre site currently has several houses on it along Lyon Street, the Clifton Natural Foods building, the historic mansion that is home to Christy’s & Lendhardt’s Fine German Dining, and a surface parking lot.

According to University of Cincinnati engineering student Ryan Lammi, who attended Tuesday’s meeting, the developer implied that the development could not go forward unless both buildings located along W. McMillan Avenue were demolished.

So even while the development presents a large investment in the growing neighborhood, not everyone was pleased with the initial concepts.

“The council was adamant about saving Christy’s and keeping a local retailer like Clifton Natural Foods, citing other projects that have brought national chains,” Lammi explained. “They were also pretty upset about demolishing the building at the corner because its [sic] the gateway to the last of the old building stock.”

Clifton Heights Development_First Floor Plan
The historically significant mansion that once housed Christian Moerlein’s daughter sits on the northeastern portion of the proposed development. Image provided.

Local historians point to the mansion housing Christy’s as a significant piece to the city’s beer brewing heritage. According to Steve Hampton, executive director of the OTR Brewery District, the mansion was built by Christian Moerlein as a wedding gift for his daughter in 1881.

Posing a potentially significant hurdle for the development would be the mansion’s pending historic designation.

“CUF has sent a request to the Urban Conservator requesting a designation hearing along with a formal designation application,” said Hampton, who went on to clarify that a hearing date has not been determined.

The process of attaining such designation, Hampton claims, would protect the property from demolition, under city law, until a final ruling is made.

The development team’s current schedule calls for initial site due diligence and inspection work to be completed by May of this year, followed by an eight-month period for the necessary project approvals.

As the project moves forward, Lammi says that students and neighborhood residents plan to be very involved, and intend to meet on Saturday, February 9 at 2pm to discuss the proposal at Rohs Street Café. He says that the meeting will be open to anyone interested in attending, and will offer a venue for people to voice their concerns and opinions on the development.

Categories
Business Development News

PHOTOS: The fire that almost took down Cincinnati’s iconic Old St. George

Old Saint George After Freak Lightening Strike [Jake Mecklenborg]

Today marks the five-year anniversary of the fire that nearly destroyed one of Cincinnati’s great 19th century landmarks, and took down the Old St. George’s iconic twin steeples.

Designed by famed Cincinnati architect Samuel Hannaford, the western steeple at Old St. George caught fire and quickly spread to the adjacent steeple. The electrical fire on February 1, 2008 brought an ignominious end to the steeples that stood handsomely above Calhoun Street for 130 years.

Old St. George
A bizarre electrical fire claimed the iconic steeples of Old St. George on February 1, 2008. Photographs by Jake Mecklenborg for UrbanCincy.

Those who feared what remained of the church would be condemned awoke the next morning to news that the sanctuary and towers suffered no critical damage, but within days, crews removed what remained of the steeples and installed caps over the towers.

The church saw a variety of reuses throughout the 1990s following its closure as a place of worship in 1993 when it was merged with St. Monica’s just six blocks away. Since going into foreclosure in 2004, however, the building has sat vacant with the occasional redevelopment proposal, including one that would have demolished the structure for a new Walgreens.

In response to the proposed demolition, the Clifton Heights Community Urban Redevelopment (CHCURC) purchased Old St. George for $1.6 million. Since purchasing the building in 2005 very little has happened.

“Part of our mission is to preserve architecturally significant buildings in the neighborhood,” Matt Bourgeois, CHCURC Director, told the Business Courier in March 2012. “It’s one of the more prominent buildings you’re ever going to find.”

Current plans call for the historic church to undergo a $22 million renovation that would transform the space into an 80-room hotel and events center.