For those not in the know, May is National Bike Month. It’s a month filled with bike rides, safety adverts and general proclamations of support for one of the humblest modes of transportation.
In celebration of this, Metro, the Transit Authority of Northern Kentucky, and Clermont Transportation Connection have partnered to reward those getting around by bike, and to encourage people to combine bicycle trips that are augmented by bus service.
All three transit agencies feature bike racks on the front of all their buses. For many people, the bus can serve as a primary mode for their travel, while bikes serve the last-mile of the trip. Plus, in a hilly city like Cincinnati, buses can be used for even short jaunts up a steep incline for those not looking forward to the trek.
In celebration of Bike to Work Day, Metro, the Transit Authority of Northern Kentucky (TANK) and Clermont Transportation Connection (CTC) have partnered to show bicycle commuters just how easy biking and busing can be with free rides on Friday, May 15 only, when they transport their bikes on the easy-to-use bus bike racks.
So in order to reward and encourage people to use their bikes with bus service, the three transit agencies are offering free rides to anyone using the bike racks on the buses this Friday, May 15.
None of the agencies allow for bikes to be brought onto their buses, so it is a good idea for cyclists to get familiar with the operation of the retracting bike racks on the front of the buses. The racks installed on Metro, TANK and CTC can hold two bikes each.
The homes are admittedly not for everyone. Instead of focusing on standard sizes and layouts, Cooper has instead focused on a minimalist approach that requires creativity and an open mind to make it work. But if recent trends in tiny living are any indicator, he might be on to something locally.
Peete Street Rendering [Provided]
Location Map [Provided]
“You can still live large in a small space, but the homeowner’s lifestyle needs to align with the ethos of tiny living,” says Cooper.
The two initial lots that Cooper is looking to build on are located on Peete Street, where most of the northern side of the street has sat vacant for many years. The lots are small and have a steep slope near the rear, making them nearly impossible to develop according to traditional building practices.
The site layouts, which are still being refined as part of the ongoing design process, leave room for outdoor living space, as well as an adjacent, off-street spot to park a car.
Cooper, who is a professionally trained architect, is being partially driven to develop such a concept due to his belief that affordable housing can be for everyone, but that it begins with a quality upfront investment.
Sample Site Plan [Provided]
Outdoor Living Space [Provided]
Model G Interior [Provided]
The goal is to sell both of the homes, which are priced at $70,000, by the end of summer or early fall, then to break ground shortly thereafter. For that price, Cooper says that the home-buyer would get most things that are expected in any home, but have options to include a full-size refrigerator, dish washer, washer/dryer, and built-in furniture.
Each of the homes will also come equip with solar panels at the rear of the lot.
At the $70,000 price point, Cooper says that someone making just $10 an hour working 40 hours a week could afford to buy one of the homes. Using standard financing benchmarks, he estimates that someone of that background could finance the home for approximately $500 a month after making a $2,000 down payment.
To help first-time home-buyers through the process, Cooper has partnered with Working in Neighborhoods so that they can get the information they need before moving forward.
Should such an endeavor be successful, it could prove to be a scalable model that the city could use to develop small, difficult lots that have long sat vacant. Most of these locations are located in or very near the center city, so it also gives people an affordable option for buying close to the core.
“You’re not just buying a tiny home, you’re purchasing a stake in one of the most remarkable historic districts in the country,” Cooper noted.
Interested home-buyers are required to attend one of the planned outreach sessions, like the one held last night. While the dates and locations for those have yet to be released, those who are interested can receive updates by signing up at StartSmallHomes.com.
The effort is being funded, in part, through a $100,000 Haile Fellowship at People’s Liberty.
According to the Federal Reserve Bank of Cleveland’s annual survey of its district, jobs and the economy overall continue to remain the top concern for local leaders.
Each year, seeking to gauge ground-level concerns and needs, the Federal Reserve Bank of Cleveland – which includes all of Ohio, Eastern Kentucky, Western Pennsylvania, and the West Virginia Panhandle – conducts a survey of community leaders to assess local challenges around the Fourth District.
In their 2015 survey, jobs remained the number one concern and priority for local leaders throughout region. Skyrocketing to the second place position was a preoccupation with access to quality and affordable housing; while vacant and abandoned properties were third.
While public officials acknowledge that jobs are indeed being created, the concern is about the type of job creation that is occurring in their communities. Part-time jobs, low wages, lack of benefits, and high turnover mean that being able to support a family is out of reach for many of those working in these newly created positions.
There is also growing concern about continued vacancy in high-wage, high-skilled positions where a skills gap is keeping many of those looking for work from filling these positions.
Response Breakdown [Provided]
Affordable Housing in Fourth District [Provided]
New in this report is the growing concern over affordable housing. While low-wage and part-time jobs continues to grow, new housing options are limited and those that are being developed are often either at the high or low end of the market. Economists at the Federal Reserve Bank of Cleveland say this is the first time the issue has registered as a top concern.
Continued in-migration to central cities, like what is being experienced in Cincinnati, is exasperating this problem throughout the Fourth District. Of course, this in-migration is seen by many as a net positive, even though the housing market has yet to catch up.
“The remarkable resurgence happening in core neighborhoods will have a very positive effect on those neighborhoods, and on the City of Cincinnati overall,” explained a professor at the University of Cincinnati in response to this survey.
A social services organization CEO in Pittsburgh also sees increasing migration to urban centers positively, but worries about the possibility of rising property driving historic residents from their neighborhoods. The concern over affordable housing is, as the Cleveland Fed puts it, “respondents grappling with the good and bad elements of revitalization occurring in their urban centers.”
While less relevant in the Cincinnati region, the Fourth District’s shale gas boom has also caused affordable housing problems in parts of West Virginia and Western Pennsylvania, as oil workers move in and are able to pay more in rent than other, longer-term residents.
Although the economic recovery is in full swing and most cities are seeing migration to their urban centers, many neighborhoods are still suffering from blight and disinvestment. According to the survey, abandoned properties were the third most-cited concern among respondents. Many cities in the region, particularly those in northern Ohio, are still saddled with significant amounts of abandoned and vacant properties, many of which left over from the housing crisis.
These properties not only require tax revenue to maintain and produce no tax revenues in return, but they are also most typically found in low-income, minority neighborhoods, exasperating already-difficult economic conditions for many of these communities.
At the end of the survey, the Cleveland Fed attempted to gauge emerging issues, both positive and negative. The biggest negative issue cited by almost all respondents was how to deal with an aging infrastructure that needs to be replaced. Budget cuts at all levels of government have lead to increased deferral of basic maintenance and improvements, especially in older municipalities that dominate the Fourth District.
While on the positive side, most respondents cited the continued migration of residents to the inner-city as having the most potential to positively impact economic recovery throughout the region.
Respondents also specifically mentioned the activation of the National Housing Trust Fund, which will provide federal support to help areas construct, preserve, and rehabilitate buildings for affordable housing. The National Low Income Housing Coalition predicts that Ohio and Pennsylvania will be some of the largest recipients of these funds, and thus have the most to gain or lose by its status.
Over the past five months Cooper has been developing his design, based on community and professional feedback; and he is now ready to present his initial designs at an event he’s hosting Wednesday evening at the Over-the-Rhine Recreation Center.
The event, called Start Small, Live Large, will showcase Cooper’s design concepts thus far, while also presenting additional information for those interested in purchasing one of the two 250-square-foot homes he plans to initially develop. In fact, this is actually the first of a series of events that interested homebuyers will be required to attend in order to eventually purchase one of the homes.
Cooper says that only those interested in eventually buying one of the homes should attend the event. He also notes that those potential homebuyers will need to attend only one of the events as part of this series.
To help these prospective investors better understand the process, Start Small, Live Large will feature a “Homebuyer 101” presentation from Working in Neighborhoods, with a question and answer period to follow.
Rendering of the planned 165-room AC Hotel at The Banks [Provided]
After several years of trying to attract a hotel to The Banks, the project has landed a brand that is sure to attract the fastest growing customer segment in the industry – millennials.
In a special meeting before the Joint Banks Steering Committee, Eagle Realty Group development affiliate Main Hospitality Holdings and Blue Ash-based hotel operator Winegardner & Hammons announced plans to build a seven-story, 165-room AC Hotels by Marriott on the southwest corner of Freedom Way and Joe Nuxhall Way, directly across from Great American Ball Park.
The news was broken was UrbanCincy last month and comes one year after the brand backed out of a deal to redevelop the former School for Creative and Performing Arts in Pendleton.
Rendering of the planned 165-room AC Hotel at The Banks [Provided]
Known for its upscale, contemporary European influences, the brand began as a joint venture between Marriott International and leading European hotel developer Antonio Catalán in 2011. The brand officially launched in the North American market in 2013 and now boasts locations in Chicago, Kansas City, Miami Beach, New Orleans, and Washington, DC, making it the fastest launch of a Marriott brand in history.
“We’ve wanted this brand for over five years,” explained Mike Conway, president and CEO of Winegardner & Hammons, with regard to why the third largest hotelier in the world wants to grow in the Cincinnati marketplace. “We think it’s a…absolutely home run in Cincinnati. The reason why we say that is people are moving back to the urban core; and our city, like all major cities across the country, is experiencing a revitalization of downtown.”
Adding to Conway’s enthusiasm was Cincinnati Reds president and CEO, and committee chairman, Bob Castellini.
“The Banks offers up perhaps the best location for a hotel in the city,” Castellini noted. “It took us a while to find and secure the best possible flag and developer for the hotel at The Banks, and I really believe that we have the best possible flag and developer.”
The designs show an L-shaped structure, with the main building height fronting on Joe Nuxhall Way and a smaller, one- to two-story portion to the building’s south.
Along Joe Nuxhall Way, the building will include the front desk and guest rooms – expected to have a $180 per night average rate – and will be capped with a rooftop terrace bar and deck overlooking the Ohio River. It will also include a water feature and a four-story animated LED video board.
The shorter southern portion, made necessary due to height restrictions, will include a lounge, library, fitness facility, conference rooms, and a courtyard overlooking Smale Riverfront Park.
Future Site of AC Hotels by Marriott at The Banks [Kevin LeMaster]
SW Corner of Freedom Way and Joe Nuxhall Way [Kevin LeMaster]
The project team will present the plans to the Urban Design Review Board on Thursday. If all goes according to plan, construction could begin in August and be completed by spring 2017.
The development is expected to cost approximately $35 million, with the equity and debt financing already in place. But the best part, steering committee member Tom Gabelman said, was that it will require no city or county subsidies.
“That’s rather phenomenal in this environment,” he said. “And it’s rather phenomenal, too, that we basically have the quality of hotel that the city and county desired for this premier location.”
Meanwhile, construction continues on Phase 2 of The Banks, most notably on a 339,000-square-foot office building for General Electric that is expected to employ between 1,800 and 2,000 workers when completed in late 2016. Next door, a building featuring 291 apartments and 20,000 square feet of retail space is slated for completion next spring.
Project officials provided some additional details on the infrastructure buildout for Phase 3, which will be paid for with revenues produced by prior phases. This infrastructure work is critical to lift the development out of the Ohio River floodplain, and must be completed before any private real estate development can begin.
Leadership also said that there is a desire to diversify the retail environment along the central riverfront, and further add to the “live, work, play” mantra driving the development.
“I want to add another word there pretty soon, because we hope to have there not just a hotel, but a grocery store and some other retail opportunities so it will be a great place to live, work, shop and play,” said Castellini, who also explained how he used to have to walk down to the river at 4am to make sure it was below 52 feet so that he could open his produce business.
Much has changed along the northern banks of the Ohio River since the days of Castellini’s produce business, and much more will change over the coming years. Project officials say that they will bring a detailed plan for the next round of work to City Council within the next one to two months.
