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Business Development News

Cincinnati Posts Population Gain for Second Consecutive Year

Cincinnati has added about 1,000 new people since the decennial census in 2010, according to new estimates released by the U.S. Census Bureau.

The modest increase comes from two consecutive years of population gains that followed an immediate downward revision after the 2010 Census. The increase also means that just Cincinnati, Columbus and Dayton were the only big cities (more than 50,000 people) in Ohio to post gains.

Columbus and Cincinnati, meanwhile, were the only big cities to post population gains for the past two years.

The population estimates are derived using the 2010 Census as a baseline and then factoring in new permitted residential construction and mobile homes, and subtracting out the estimated number of homes lost each year. As a result, all of the annual estimates should come with a grain of salt.

Ohio Cities Comparison

With that said, Dayton’s population gains appear to be an anomaly, while the increases in Columbus and Cincinnati appear to be more rooted. In any case, the news for Ohio’s big cities is not good as the rest all lost population, especially those in the northeastern part of the state.

Columbus continues to stand out from the rest of Ohio’s big cities in terms of its population trends. In this latest estimate release, Columbus posted the fifteenth largest numeric population gain of any municipality in America; and it comes on the heels of equally impressive gains in prior years.

Some observers, however, would attribute some of the gains in Columbus to its unusually large municipal boundaries that include what would be far suburbs in other Ohio regions.

While Columbus has been growing by about 1.5% annually over the past several years, Cincinnati has been growing annually by about 0.25%.

When compared with other peer cities, Cincinnati’s gains look even more tepid.

Peer Cities Comparison

Of fifteen other cities competitive with Cincinnati, the city bested only five of them in terms of population growth, while being significantly outperformed by most all others. In this comparison, even Ohio’s best performer – Columbus –fares only reasonably well against the field.

For Cincinnati’s peer cities, national trends appear to hold true. Southern cities continue to grow at the fastest clip, but their growth rates are leveling off. In our comparison, Austin, Atlanta and Tampa have all experienced significant declines in annual population growth since the 2010 Census. Charlotte has also experienced a similar trend, but appears to be holding steady more so than its Sun Belt peers.

Meanwhile, while many Midwestern cities continue to lose population, they are doing so at a slower rate or have stopped the losses entirely.

As we previously examined on UrbanCincy, the Cincinnati region continues to grow by about 0.4% annually. The City of Cincinnati’s 2013 gain represents approximately 12.5% of the total regional population growth, and half of Hamilton County’s increase last year.

In a nutshell, Cincinnati is over performing regionally, but under performing amongst its peers. If Cincinnati were growing as fast as Charlotte or Austin, the city would be adding around 9,000 new people every year.

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Business Development News

CNU22: Cincinnati Wins National Planning Award for Form-Based Code

The City of Cincinnati’s Department of Planning & Buildings has been on a roll lately. This past weekend in Buffalo, at the Congress for the New Urbanism (CNU) national conference, the city won its third national award of the year for its new form-based code.

CNU’s grand prize for the Best Planning Tool or Process was actually a tie and thus jointly awarded to Cincinnati for its form-based code (FBC) and Station Center, a transit-oriented development in Union City, California.

As first reported by UrbanCincy, the Department of Planning & Buildings was honored with the Daniel Burnham Award for a Comprehensive Plan at the American Planning Association’s (APA) national conference in Atlanta.  Additionally, in late 2013, the Department won the Ohio APA’s award for Comprehensive Planning for a Large Jurisdiction.

In 2012, city leaders were also awarded with the Frank F. Ferris II Community Planning Award from the Hamilton County Regional Planning Commission.

In addition to city staff and thousands of Cincinnatians, those involved in developing Cincinnati’s award-winning FBC included Opticos Design, Hall Planning & Engineering, Urban Design Associates, glaserworks, Wise Economy Workshop, and Urban Fast Forward.

“It is an honor for us to have our code recognized by an organization that is on the cutting edge of best practices with regard to planning tools and good urbanism,” said Alex Peppers, senior city planner for Cincinnati. “We put a lot of work into developing a code that would fit our context and assets.”

What makes Cincinnati’s FBC unique is that it is a voluntary tool for neighborhoods who seek to preserve the character of their centers of activity and historic business districts. Thus far, it has been adopted in College Hill, Madisonville, Walnut Hills and Westwood.

Jurors noted that they were particularly impressed by the code’s extensive photo documentation and mapping analysis that calibrated the code’s application, and reinforced the unique characteristics of Cincinnati’s urban neighborhoods.

“The Cincinnati code is an excellent example of that advancement in the deployment of SmartCode, with particular attention paid to public process, neighborhood structure and graphic presentation,” explained Elizabeth Plater-Zyberk, one of CNU’s award jurors. “It reinforces Cincinnati’s historic urban patterns with guidance for appropriate infill and predictable redevelopment building.”

The final draft of Cincinnati’s form-based code is available online and can be accessed here.

On the twelfth official episode of The UrbanCincy Podcast, we were joined by Roxanne Qualls to discuss Cincinnati’s development and implementation of form-based codes. You can subscribe to The UrbanCincy Podcast on iTunes for free.

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Development News Opinion

GUEST EDITORIAL: Paycor’s Brand New Headquarters in Norwood Misses the Mark

Paycor recently moved their headquarters from Queensgate to Norwood’s Linden Pointe on the Lateral. Norwood pulled out all of the stops to ensure that they brought these jobs (and the tax dollars that come with them) from the City of Cincinnati.

When moving into their new digs, employees were literally crying out of excitement for their new workspaces. The open design and floor-to-ceiling windows are complimented by walking routes that allow employees to walk the perimeter of the floors for exercise.

However, once they step foot outside the front door the only thing any Paycor employees will be walking to are their cars.

Let’s back up though; the first phase of Linden Pointe actually had some great features. From sidewalks, crosswalks and bike parking, this development was well thought-out (other than the buildings being so far off-set from the street).

The Paycor development has absolutely no resemblance to the relatively pedestrian-friendly phase one. There are no sidewalks connecting the Paycor building to any local roads. Bike parking is also seemingly non-existent. But the biggest slap in the face to good design is Paycor’s complete disregard of the crosswalks already built in phase one towards the new development.

Instead of leading to a tree-lined sidewalk that runs to Paycor’s front door, these crosswalks lead to nowhere, seeming to indicate deliberate decisions taken by Paycor to avoid connecting their site to the rest of the development.

We can’t just blame Paycor for this mess though. Norwood’s Planning Commission & City Council approved the site plans too. The plan shows the crosswalks from the original development leading nowhere. The plan also shows no sidewalks connecting Paycor to any of the three nearby streets.

The plan does show a nice shiny building that will house lots of additional revenue. It is likely the City of Norwood did not want to push back too hard because the Paycor move was likely not a done deal. This is a shame though, because a better design would have benefited the surrounding neighborhoods and Linden Pointe as a whole by allowing for a comprehensively connected center instead of disjointed cul-de-sac style parcels.

James Bonsall recently moved, with his wife, to Norwood from New Albany, Indiana. In New Albany James served on the city’s planning commission. He has a B.S. in Business from Indiana University and currently works as an IT business analyst for a major health insurance company. You can connect with James on Twitter at @LouisvilleJames.

If you would like to have your thoughts and opinions published on UrbanCincy, simply contact us at editors@urbancincy.com.

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Business News Opinion

OPINION: U.S. Trade Policy and Its Impact on Urban Economies

The United States has consistently run a trade deficit since the 1980s. In 2013, the trade deficit averaged a staggering $40 billion per month. While much of this deficit has to do with oil imports (which will be offset in coming years), the nature of the U.S. trade deficit is astounding.

The nations with whom the United States runs trade deficits, and in which products it runs them, defeats common sense and makes one severely question what, if any, trade strategy the United States is pursuing.

Take the United States’ trade relations with Mexico. Although the United States has a highly developed economy at the forefront of industrialized nations, America ran an almost $64 billion trade deficit with Mexico in 2012, and has consistently run a trade deficit with Mexico since 1995.

Looking closer is even more eye-opening. The three most-imported products from Mexico include electrical equipment, vehicles, and machinery. While our most-exported products to Mexico include machinery, electrical equipment, and mineral fuels – with vehicles in fourth – the U.S. still runs a deficit in every one of those products. The value of vehicles exported to the U.S. from Mexico ($54 billion) is more than double what the United States sends in vehicles to Mexico ($20 billion).

Of America’s 15 largest trading partners, the United States runs a trade deficit with all but two. Even if you remove states from which America’s trade deficit is skewed by oil imports (Canada, Saudi Arabia, Venezuela), the vast majority of trading partners enjoy a trade surplus in their relationship with the United States.

Overall, America runs trade deficits in peculiar industries such as machinery, electrical equipment, mineral fuels, vehicles (excluding rail), pharmaceutical products, and steel. In fact, some of the few heavy industries in which the United States runs surpluses are in aircraft and plastics.

Heavily industrialized and mature economies like that of the United States should be successful in the export of heavy manufactured items like those stated above. While competition with other industrialized nations like Germany is understandable, large trade deficits in manufactured products with economies much less-developed than America’s is perplexing, at best.

For cities with a history and a base in heavy manufacturing, like Chicago, Cincinnati and St. Louis, policies like these only continue to chip away at the economic health of large sectors of these urban areas.

While it is imperative for industrial cities like these to diversify, unnecessary degradation of well-paying, already-established industries is detrimental to the creation of metropolitan economies steeped not only in new-age tech industries but also in a healthy industrial sector.

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Business Development News

Construction Work on $30M Corryville Apartment Project On-Pace for Fall 2015 Completion

Uptown Rental Properties is making progress on their latest development in Corryville. This one, called VP3, is located on Euclid Avenue between Corry and Charlton Streets, and will add 147 units with 300 beds to the neighborhood. If all goes according to plan, the $30 million project will open in the fall of 2015.

The site previously included seven homes and a suburban-style Fifth Third Bank retail branch, and is located across the street from the planned site for a new Kroger grocery store.

Corryville has seen a wave of private investment recently that has added hotel rooms, apartments, and retail and office spaces. Much of that investment has come from Uptown Rental Properties, which has constructed hundreds of new residential units and injected thousands of new residents into Corryville over the past several years.

According to Dan Schimberg, president of Uptown Rental Properties, the demand for additional housing units in Corryville is so strong that they have revised their original plans over the years to try to serve the market.

“There is such an incredible demand for housing on the east side of campus,” Schimberg told UrbanCincy. “Originally our plan was to build housing for 1,200 people on Short Vine, but now we’ve increased that total to 1,600 by 2016.”

For better or worse, all of this development is changing the face of Corryville.

But unlike many of the company’s other developments surrounding the University of Cincinnati, it is not just students occupying the residential units being built in this area. According to Schimberg, more than 30% of the total residents are non-undergraduate students, compared with just 3% on the south side of campus – something he attributes to the growing demand for urban living.

“Three of the top five largest employers are in Uptown, and then have been adding thousands of jobs over recent years,” Schimberg explained. “What we’re seeing is a demand for workforce housing on the east side of campus from a desire for people to live in a more urban environment.”

In addition to the increased demand for urban living and the rapid job growth nearby, Schimberg believes the improvement of Uptown neighborhoods is also keeping and attracting residents in a way he has not seen since starting Uptown Rental Properties nearly 30 years ago.

It is expected that work will wrap up on the four-story VP3 development in the fall of 2015. At that time, a new 550-space parking garage, being built in coordination with this project, will open and provide some 225 public parking spaces for the Short Vine business district.

“The addition of these new residents is providing the core demand for the retail, and the residents get to benefit from those nearby services,” Schimberg continued.

Due to the philosophy of wanting the retail and residential to benefit one another, Schimberg said that the public portion of the parking garage is being built solely to help bolster the business on Short Vine. As a result, Uptown Rental Properties and the City of Cincinnati are sharing the costs for the garage.

Since developers are pursuing LEED Gold certification from the U.S. Green Building Council, the project will be eligible for the City of Cincinnati’s LEED Tax Abatement.