Categories
Up To Speed

More bike/ped money from the feds equals more bicycle commuters

More bike/ped money from the feds equals more bicycle commuters.

In most cities, Cincinnati included, all you need to do is look outside to see that the number of people bicycling is on the rise. And perhaps not surprisingly, it turns out that there is a “statistically significant” correlation between per-capita bike-ped funding from the federal government and a city’s bike commute rate. More from Streetsblog Capitol Hill:

Bicycling is at a tipping point in many American cities. Bike-share systems are multiplying rapidly, infrastructure that used to be seen as novel is now commonplace, and commuting rates are growing. There are many explanations for this cultural shift, but here’s one not to be ignored: federal funding.

Georgetown Public Policy Institute student Marissa Newhall posits in her master’s thesis that there is a statistically significant correlation between per-capita bike-ped funding from the federal government and a city’s bike commute rate.

The finding comes at a time when federal bike-ped funding programs are 20 years old and have poured $8.5 billion — a tiny fraction of overall transportation dollars, but not an insignificant sum of money — into reshaping American streets to accommodate non-motorized transportation. But these programs face an uncertain future.

Categories
Development News

Demolition of Evanston’s Long-Troubled St. Leger Place Begins

IMG_0387The apartment building known as St. Leger was built in 1905 and is situated at the intersection of Gilbert Avenue and St. Leger Place. The building has long been known as a problem property in the city, but is now being redeveloped by The Model Group.

The existing building and its 81 units for low-income renters had been the location of many criminal problems including being the scene of the city’s first homicide this year.

The process started late last year when the building was purchased by The Model Group. The original plan was to partially renovate the building and tear the rest down, but over time the developers have decided to move forward with a full-scale demolition of the property in order to make way for new construction.

The demolition is one of a host of projects throughout Hamilton County that was partially funded from the Moving Ohio Forward program.

Last year the City of Cincinnati was awarded $5.8 million from the program, which was then matched by an additional $3.5 million from the city and $5.3 million from the Hamilton County Land Reutilization Corporation. These funds will ultimately be put toward demolishing hundreds of buildings throughout the county.

“It wasn’t a positive space,” Thea Munchel, Walnut Hills Redevelopment Foundation (WHRF) real estate development officer told UrbanCincy, “The development that Model Group is proposing will transform Five-Points and rejuvenate Evanston.”

While the WHRF focuses primarily on Walnut Hills, its coverage area also includes this part of Evanston as well as some other neighborhoods adjacent to the historic neighborhood.

The new development’s name, St. Ambrose Apartments, was chosen to honor Evanston’s reputation in the educating community after the Patron Saint of Learning.

According to the developers, St. Ambrose Apartments will have 26 new townhouses and flats – a net reduction of 55 residential units – and will contain one-, two- and three-bedroom units priced at an affordable level for families. Developers also say that they will be working toward LEED certification for the proejct.

Work on the project began yesterday and the development is anticipated to be completed in the summer of 2014.

“Demolition of this longtime problem property is emblematic of the turnaround in Evanston that is happening right before our eyes,” said Vice Mayor Roxanne Qualls (C), who launched her mayoral campaign just blocks away. “It illustrates the impact that one problem property can have on an entire neighborhood. This is a great day for Evanston.”

Categories
Up To Speed

Mexico to invest $100B in its infrastructure over next five years

Mexico to invest $100B in its infrastructure over next five years.

It’s been no secret that America has fallen behind on its infrastructure investments. In fact, the American Society of Civil Engineers recently improved the nation’s infrastructure grade to a D+ from a D. Now that’s improvement! Meanwhile other countries are heavily investing in their infrastructure, like Mexico’s recent announcement to invest $100 billion in its rail, ports and roads over the next five years. More from Bloomberg Businessweek:

The Mexican government announced plans Monday to invest about $100 billion in rail, road, telecom and port projects over the next five years, including Mexico’s first high-speed rail links. Among the projects are the modernization or building of four airports, seven seaports and about 3,350 miles (5,410 kilometers) of highways. The government will strengthen fiber optic networks and expand broadband internet access, and speed up freight train service.

But in announcing the plan, President Enrique Pena Nieto emphasized the goal of reviving passenger trains in Mexico…Pena Nieto said Monday that about 360 miles (583 kms) of high-speed rail links will be built, including links between Mexico City and the nearby cities of Toluca and Queretaro. Another line will cross the Yucatan Peninsula.

Categories
Business Development News

Promise of Streetcar Driving Occupancy Rates at Hanke Exchange

The owners of The Hanke Exchange – a collection of five buildings in Over-the-Rhine between Reading Road and Michael Bany Way – have announced that Teach for America will open their Cincinnati office at the Jupiter Building at 1110 Main Street.

Teach for America, a non-profit focusing on urban education, will reportedly occupy 4,019 square feet of street-level space.

The property now has an 84% occupancy rate, which stood at a paltry 28% just three years ago, and the Stough Group, which owns the properties; believe they can reach 100% occupancy by the end of the year.

Hanke Building
The Hanke Building’s street level space was more recently used as a headquarters for the Barack Obama campaign. Photograph by Travis Estell for UrbanCincy.

“With regards to our tenants, we like to have a wide range of users, from creative or restaurant contacts to corporate and institutional users due to our access to parking,” explained Scott Stough, Director of Marketing, Stough Group.

The Hanke Exchange not only has direct access to the Parkhaus Garage, but also to a 32-space parking lot behind the 137-year-old Hanke Building on Sycamore Street.

Scott went on to say that the final tenant they are pursuing for the first floor space at the Hanke Building is a “progressive institutional tenant” that is extremely interested in the area and excited about being in such close proximity to the new streetcar.

If that lease works out, it would mark the sixth corporate or institutional tenant to lease space including US Bank, Grifol’s PlasmaCare, Human Capital Institute, and the Stough Development Corporation.

Later this month, the owners say they plan to update the wall painting on the side of 1116 Main Street to reflect the new Hanke Exchange branding. It is a move that the Stough Group hopes will boost visibility as the first phase of the Cincinnati Streetcar is built with a stop right across the street.

“I cannot speculate on property values, but I believe the streetcar is an important first step in developing public transportation for our city’s urban core,” Scott concluded.

Categories
Up To Speed

Setting the Score Card for Transit Oriented Developments

Setting the Score Card for Transit Oriented Developments

With the City of Cincinnati signing the streetcar construction contract yesterday, discussion can now move on to the type of transportation oriented projects that can be constructed along the streetcar route and its eventual extensions. The measure the impact of projects located near rail transit stops the Institute for Transportation and Development Policy (ITDP) has created a metric for rating projects developed near transit stations to determine if they are truly transit-oriented or merely transit adjacent. Read more at the Transport Politic:

The tool was simple to use and its results make sense intuitively: Whereas the MetroWest project is poor urban design from the perspective of encouraging transit use, the other two are far more oriented toward the nearby rail stations. Hypothetically, if the projects were all proposed for the same site, the tool would allow decision makers to make a quick quantitative comparison between the designs and identify the best project for public transportation riders. This could offer a clear benefit in terms of, for example, choosing a winning team for the contract to develop a publicly owned site. Rather than rely on “subjective” comparisons of the aesthetics of site designs (a comparison that too often devolves into a question of individual architectural taste), the tool quantifies the physical.