Tag: downtown

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Business Development News

Project Officials To Move Forward With Phase III of The Banks Ahead of Schedule

The Banks [Brian Spitzig]

Business leaders and public officials from the City of Cincinnati and Hamilton County will gather tomorrow morning to celebrate the groundbreaking of the next phase of work at The Banks.

As has been done in the past at the massive central riverfront development, the first work to be done will be the construction of a public parking garage that will lift the project out of the Ohio River’s flood plain. From there, the existing public streets surrounding the project site will be extended to frame the block.

While the event is being touted as a groundbreaking ceremony, workers from Prus Construction and Beaty Construction began mobilizing on the site to perform preparation work. The news is a bit of a departure from previous announcements that said construction work would hold off until the close of the Bengals season in order to preserve parking for tailgaters at Paul Brown Stadium.

In this particular phase of work, project officials say that 690 parking spaces will be built on two levels that will be connected with the rest of the underground parking deck at The Banks, which has been casually described as one of the largest underground parking structures in North America.

This $29.3 million effort is being jointly funded by the City of Cincinnati, Hamilton County, and the State of Ohio’s Jobs Ohio program. Representatives from the various public agencies funding the project say that it will create an estimated 200 jobs, with at least 30% of the contract totals spent with Small Business Enterprises.

Such a claim for small business inclusion is on-target for what the project has been delivering thus far. As of June 2015, the latest reporting date, The Banks has had an average of 36% small business participation and approximately 17.5% minority and female workforce participation.

Nearby work continues on the private sector vertical construction of Radius, a 291-unit apartment midrise with 19,000 square feet of street-level retail, and the 340,000-square-foot General Electric Global Operations Center.

Once these two phases of work are complete, it will allow for the next phase of Smale Riverfront Park to move forward, and will set the stage for private real estate development south of Freedom Way and in between Race and Vine Streets.

So far, Carter USA and the Dawson Company have yet to reveal what will ultimately be built on top of this latest garage extension, but most suspect it will be some combination of apartments and condominiums.

While The Banks has received much positive praise as of late, it has not come without its struggles. The retail in the first phase of the project continues to find its footing, and the area continues to struggle with a brand identity and architectural designs that people feel are worthy for the prominent piece real estate that this development occupies.

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Business News

The Location of Every Job in Cincinnati Mapped

Cincinnati City Employment Dot Map

Ohio Employment Dot Map

Two years ago, University of Virginia researcher Dustin Cable put together a detailed dot map based on the racial distribution of people in the United States. This work inspired another researcher to put together something similar, but for America’s job distribution.

Robert Manduca studies sociology and social policy at Harvard University. He says that while jobs and the economy are continuously discussed, we seem to know very little about where jobs are actually located. So what he did was examine the Census Bureau’s Longitudinal Employer-Household Dynamics data and then plot that information out on an interactive map.

The LEHD data is based on state unemployment insurance records, and tabulates the count of jobs by census block,” Manduca explained on his website. “Here, jobs are colored by type, allowing us to see how different industries and sectors exhibit different spatial patterns–some clustering in downtowns, others spreading across city and suburbs alike.”

The way the visualization works is that red represents Manufacturing & Trade; blue for Professional Services; green for Healthcare, Education and Government; and yellow for Retail, Hospitality and Other Services.

Upon examination of the map, you can see that some cities and regions have a much stronger concentration of jobs than others. When looking at Ohio from a distance, it looks like this pattern holds true for the state’s three big cities. That picture changes as a more detailed look is taken at Manduca’s research.

In Cincinnati, for example, the two largest job centers, downtown and uptown, are joined by the Mill Creek Valley and Blue Ash as areas with heavy concentrations of jobs. As expected, there is a large cluster of education and health jobs uptown, while downtown boasts the region’s heaviest concentration of professional service jobs.

Blue Ash then comes in as, perhaps, the most impressive job center for professional service jobs in the region outside of the center city.

The Mill Creek Valley, which generally runs north along I-75 from the Ohio River, serves as the region’s primary manufacturing and trade corridor. This industrial corridor is well-rooted in Cincinnati’s history, and is even reflected in the City of Cincinnati’s robust tax collections from these zip codes.

The research reveals how much of a barrier the natural landscape serves as when considering job distribution. Throughout the Cincinnati region, for example, you can see how the hills cut across the landscape.

The data also shows that while Cincinnati is often defined by an east/west divide, the distribution of jobs is far more north/south oriented than it is east/west. Of course, the same is true for the region’s population.

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Arts & Entertainment Development News

PHOTOS: The Impressive Impact of Smale Riverfront Park

Tree Grove

There are dozens of development projects underway at any given time, but few have the opportunity to make a truly transformative impact. Smale Riverfront Park is one of those rare exceptions.

As UrbanCincy has chronicled in the past, the changes that have taken place along Cincinnati’s central riverfront over the past two decades have been truly remarkable. The consolidation and burial of Fort Washington Way. The construction of two behemoth stadiums, a world class museum and an entire new neighborhood. And now the opening up of the Ohio River through the redesigned riverbank and park.

What was once an asphalt riverfront separated from the rest of the city by an inhospitable highway now the region’s central gathering place for tourists and a destination for everyone in the region looking to the river that gave the city its birth. The changes are breathtakingly wonderful.

Of course, there is nothing better than images to help visual such changes. Instead of posting photos of what the area was once like, as we have in the past, this collection of photos are from that past few weeks at Smale Riverfront Park’s latest addition, and its immediate surroundings.

Projects like this and Washington Park, which is currently hosting thousands of thrilled Cincinnatians as part of this year’s Lumenocity event, are the types of investments and projects that change a city. What’s even better is that they’re accessible to everyone.

EDITORIAL NOTE: All 20 photographs were taken by Eric Anspach in July 2015.

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Business News

John Yung to Become Lead Project Executive at Urban Fast Forward

John Yung, UrbanCincy’s Associate Editor of Public Policy, will take on a new role with Urban Fast Forward as the firm’s Lead Project Executive.

John will maintain his position at UrbanCincy, where he has contributed for nearly five years. Over this time he also worked for the Bellevue, KY, and led the effort there to implement one of the region’s first form-based codes. He then obtained his American Institute of Certified Planners certification in 2014, and took on a leading planning role at the Village of Yellow Springs this past winter.

John says that he is excited to be back in Cincinnati full-time and is looking forward to the possibility of living car-free with his new office within walking distance of his Over-the-Rhine apartment. Kathleen Norris, Managing Principal at Urban Fast Forward, is also excited about the addition to her team.

“John is an urban rock star. His insight into the ebb and flow of cities and their neighborhoods is going to add real value for our clients,” Norris said.

In the new role, Norris says that John will be taking the place of Matt Shad, who is moving on to become Cincinnati’s Deputy Director of Zoning Administration. While at Urban Fast Forward, Shad assisted Norris with strategic planning consulting that complimented the firm’s retail leasing and development consultancy.

“The City of Cincinnati is lucky to be getting Matt,” said Norris. “He knows the intricacies of planning and zoning, in both theory and practical application, and I think he is going to make the whole development process lighter, quicker and faster.”

Since its founding in 2012, Urban Fast Forward has established itself as a firm that specializes in urban real estate and development, with a particular focus on retail district revitalization.

Urban Fast Forward has been particularly involved with the retail strategy in Over-the-Rhine, Pendleton and along Short Vine in Corryville. More recently the firm has been taking on bigger roles in Walnut Hills and Northside, and is also overseeing the strategic development of a Race Street retail corridor downtown.

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Business News Transportation

Pay-by-Phone Technology Now Available for Cincinnati’s Parking Meters

Smart Meter IdentificationCincinnati city officials announced last week that the more than 4,000 smart parking meters that have been installed throughout the city are now functioning in coordination with a new mobile app payment system.

The announcement fulfills a long-held desire for motorists looking for more convenient ways to pay parking meter fees.

It is expected that such technology will help reduce the amount of tickets that are dolled out since drivers will now be able to refill their meter from anywhere, simply by using their phone. Those without smartphones capable of operating the PassportParking app will also be able to use their phones to reload meters by visiting http://m.ppprk.com, or by calling 513-253-0493.

“This enhancement is part of the City’s ongoing parking modernization plan to improve the quality and efficiency of the City parking system,” officials stated in a prepared release. “In accordance with these efforts parking rates were adjusted earlier this year, and motorists saw the introduction of prepay and extended hours.”

In addition to the convenience for parkers, the new technology also allows for local businesses to register so that they can discount the parking costs for their customers.

While the new technology will make payments easier and more convenient, it does not help motorists locate available on-street parking spaces, or utilize dynamic pricing that would encourage those looking for a parking space to navigate toward a lesser used area.

While dynamic pricing has been mentioned as a future possibility by both Mayor John Cranley (D) and City Manager Harry Black, it has not yet been made clear when that will take place.

“Pay-by-phone parking is representative of what we are doing across our organization. We are using technology to enhance services we offer our residents and visitors,” said City Manager Black. “This technology won’t replace more traditional means of paying to park at a meter, but it gives people a new, convenient option that makes visiting Downtown or business districts across Cincinnati easier.”

The mobile payment app, which charges a 25-cent convenience fee, will only work for on-street parking meters and kiosks – not off-street lots or garages. In order to properly use the system, drivers will be asked to input the zone, along with the meter number, into the application so that the payment can be traced to that particular space, and thus monitored by parking enforcement officers.

All of this comes after the contentious cancellation of the parking lease agreement put into place by Mark Mallory‘s administration in 2013.

Under that agreement, the City would have leased its on-street parking meters, along with a number of garages and lots, to the Port of Greater Cincinnati Development Authority, which then was to enter into operation agreement with Xerox. In return, the City would have received a large upfront payment, along with guaranteed annual payments.

The new structure maintains more control at City Hall, but it misses on the upfront capital, along with the guaranteed payments.

Instead, the City takes on the risk of meeting revenue projections and keeping operation and maintenance costs within their targets. One thing that remains the same is the presence of Xerox, although their role appears to have been greatly diminished from what it would have been under the Mallory administration deal.

So far the response to the new parking meters and payment functionality has been positive, although some neighborhood business districts, where the meters are arriving for the first time, have experienced some temporary glitches with pricing and hours of operation programmed into the meter.