Model Group's Race Street Development [Google Earth]
The area in Over-the-Rhine south of Liberty Street has seen hundreds of millions of dollars of investment poured into it over the past five to seven years. The part of the 319-acre neighborhood north of Liberty Street, however, not so much.
While this makes sense for a number of reasons, especially considering that is where Cincinnati Center City Development Corporation (3CDC) placed their initial focus, it is a bit odd that one of the region’s landmarks – Findlay Market – was largely spared investment throughout this entire period. Yes, Ohio’s oldest public market saw gains in terms of sales and number of shoppers, but the area surrounding the 162-year-old market sat essentially untouched.
This is about to change.
With 3CDC acquiring a collection of properties from the City of Cincinnati surrounding Findlay Market, visitors to that area will soon see new life in the form of apartments, shops, offices and restaurants.
Shoppers at Findlay Market [Randy Simes]
One of the earliest projects to be announced is the $14 million redevelopment of an entire block of Race Street that will be led by Model Group. When announcing the project to the public, the Walnut Hills-based development company also stated that the project would include a small grocery store.
With this project marching forward, and several others looming, how exactly does Findlay Market – the area’s longtime anchor – fit into the picture?
“The Corporation for Findlay Market expects to be heavily involved in all the new retail, working with property owners on product mix,” said Joe Hansbauer, President and CEO of Findlay Market. “We will be careful to make sure that competition exists, without diluting.”
With retail traditionally following the arrival of new residents, developers will need to take to ensure that appropriate demand exists in the area before introducing too much new retail. According to Hansbauer, that is already being considered, even with the potential arrival of a new grocery store across the street from Findlay Market.
“We are directly involved in the discussions, and even introduced the proprietor to Model Group,” Hansbauer explained with regard to the new grocer expected to come online with the development. “The concept will only work if what they offer compliments and fills holes in the product offerings of the market.”
He says that this has been a long-standing issue, with potential customers skipping trips to Findlay Market due to the inconvenience presented by not offering all of what they want or need. The idea is that additional retailers can help capture some of these missed shoppers now, thus adding to the customer base for existing vendors.
Model Group’s Race Street Development [Google Earth]
One of the biggest opportunities for the area, with the addition of new residents, office workers and shops, is the possibility for more activity during the weekdays and weekday evenings. As of now, these are some of the slowest times for vendors.
“Once it is proven that there are customers and business to be had, adjustments will be made,” Hansbauer emphasized. “As the neighborhood gets populated with office and residential, there will be higher demand for later hours.”
In a nod to the significant progress made over recent years, he went on to note that is was not long ago when Findlay Market was only three days per week, not six as it is presently, and had much more limited hours of operation. But in order to take the area to the next level, Hansbauer believes it may not just be food that helps drive the change.
“I think there is a lot of opportunity for complimentary retail near the market. We think the Findlay Market area will be a retail district in a similar way that Vine Street has become a restaurant district.”
With track work and stations being completed around Findlay Market right now for the Cincinnati Streetcar, it is not difficult to see the near future where those districts are seamlessly connected to one another, and other destinations that lie further south in the central business district.
Cintrifuse tapped a high-profile Silicon Valley exec to fill its CEO role the other month, and now they’re looking to see how they can grow the two-year-old startup incubator into something that starts churning out big successes. So, which of their member startup companies will be the first to make it big and produce hundreds of jobs locally? More from The Enquirer:
So the pieces are in place for Lea, who has built companies from the ground up and is hardly intimated by the huge expectations. She shares them. The new CEO won’t be happy with Cintrifuse simply being a force in the region or state. Lea expects Cintrifuse to deliver on its local promise while taking on a national profile.
“I have a real sense of urgency to build on the foundation that’s been created. (The business community) had a vision, they assembled a team, they’ve got these assets together,” she said.
“And now I need it to go a lot faster and be a lot stronger and more visible. Cintrifuse has a structure and it’s very organized. We should be able to go fast.”
Public Seating in Songdo, South Korea [Randy Simes]
Fourth Street offers one of the more impressive urban street canyons in all of America. Its pre-war high-rises dominate the streetscape and offer a glimpse into the proud history of Cincinnati.
Once the very center of business activity, Fourth Street was historically known as the region’s financial district – a place where all the power players lingered and conducted business. Since its heyday in the early 20th century, that center of financial clout has shifted. Some say it has shifted to Third Street, while others say it has moved east along Fourth or even north to Fifth Street.
In any case, many of those power players are now in other nearby districts, while the impressive structures they built are left behind.
Historic W. Fourth Street [Randy Simes]
Mabley Place Garage Entrance on Fourth Street [Randy Simes]
Historic W. Fourth Street [Travis Estell]
City leaders had believed, with good reason, that Fourth Street would become the region’s premier shopping destination. However, with the demise of downtown malls and department stores, that vision never fully came to be.
All has not been lost though. Virtually all of the impressive, historic urban fabric remains and has since been largely converted into residential space. There is also a movement afoot from some business and civic leaders to breathe new life into not only Fourth Street’s retail scene, but Race Street’s as well.
There is even the possibility of Fourth Street being converted back to two-way traffic following the activation of the now unused ramp to I-75 from Third Street.
Fourth Street [Google Street View]
Broadway Boulevard Plaza Layout [NYC DOT]
Race Street [Google Street View]
As all of these projects start to become reality, they offer a unique opportunity to redo the public space in the area. One particular area that has long needed a redo, and has been the subject of many studio projects at DAAP, is Fourth Street’s dated streetscaping. Not only does the design of the sidewalks, benches and street trees leave much to be desired, they also do not follow standard good design practices.
The renovation of Fountain Square realized this and implemented good urban design practices in its final product. Things like softscaping and movable furniture are powerful elements to a good public space. The same could be done along Fourth Street’s, and for that matter much of Race Street’s, wide sidewalk widths.
Being in the midst of the digital age, it would also make sense to make the area more welcoming to tech users by implementing Internet hot spots and including solar-powered charging stations at benches and tables set up along the street.
Public Seating in Songdo, South Korea [Randy Simes]
With more and more hotels opening up downtown in general, and specifically on or very near Fourth Street, this public space could also serve as a convenient and desirable ‘third place’ for travelers that are looking to spend some time out in the city, without feeling obligated to purchase endless cups of coffee or beer, but not also be trapped inside their hotel room.
Such a design could also activate the largely lifeless corridor with people from all backgrounds, and provide more passing customers for existing and potential businesses looking to setup shop there.
As part of the latest partnership of the Southwest Ohio Regional Transit Authority (SORTA) and ArtWorks, 60 bus shelters throughout the city of Cincinnati now feature photographic portraits of local residents, part of a project by nationally renowned photographer Richard Renaldi.
Due to a 2013 decision by Cincinnati City Council to prohibit advertising in the city right-of-way, SORTA as been left with the question of how to fill sign panels in Metro bus shelters. Last year, the transit agency partnered with ArtWorks to present a series of graphic prints, inspired by works of literature, on 24 bus shelters.
Richard Renaldi in Cincinnati [Eric Anspach]
Touching Strangers Bus Wrap [Eric Anspach]
Touching Strangers Bus Wrap [Eric Anspach]
Touching Strangers: Cincinnati [Eric Anspach]
Touching Strangers: Cincinnati [Eric Anspach]
Touching Strangers: Cincinnati [Eric Anspach]
Touching Strangers: Cincinnati [Eric Anspach]
Touching Strangers: Cincinnati [Eric Anspach]
Touching Strangers: Cincinnati [Eric Anspach]
Touching Strangers: Cincinnati [Eric Anspach]
Touching Strangers: Cincinnati [Eric Anspach]
Touching Strangers: Cincinnati [Eric Anspach]
This year the entities have again teamed up to present Touching Strangers: Cincinnati. This project is also part of the 2014 edition of Fotofocus, a biennial celebration of the art of photography.
Originally from Chicago, Renaldi now works out of New York, and his work has been exhibited in galleries and museums around the world.
Renaldi took the photos during a June visit to the city. Residents of Cincinnati area posed for the photos; most feature two people, but in several of the images three are included. The subjects were strangers to each other, having met only for the taking of the pictures, yet are positioned in poses in that suggest a level of intimacy.
Four ArtWorks youth apprentices and two local professional photographers worked with Renaldi and produced additional Touching Strangers portraits.
Renaldi and several of the apprentices dedicated the collection of photos at an event on October 16 at a shelter on Sycamore Street downtown. On hand was a Metro bus that has been wrapped with one of the images from the collection.
Many of the shelters featuring the portraits are centrally located downtown and in Over-the-Rhine, the West End, and Uptown, but others are scattered around the city in neighborhoods such as Westwood, Roselawn, and Oakley.
In advance of his lecture Tuesday at the Mercantile Library, UrbanCincy was able to get an exclusive interview with Dr. Donald Shoup to discuss a variety of issues ranging from Cincinnati’s own parking management efforts, the controversial OTR Parking Permit proposal and how parking reform is changing with the emergence of ride sharing services.
The digital interview took place on Thursday, October 23 and included the following discussion.
John Yung: Last year the City of Cincinnati almost committed to leasing its parking meters and some garages to a private corporation (Xerox) for a lump sum payment and yearly revenue for 40 years. What are your thoughts on cities attempting to lease or sell their parking assets to generate revenue?
Donald Shoup: Like burning all the furniture to stay warm on a cold night, selling a city’s parking meters for an upfront payment to cover current operating expenses is a bad idea. Some cities are considering more farsighted parking contracts that share the annual revenue rather than maximize the upfront payment. A contract with a professional operator who meets performance pricing goals and shares the resulting revenue with the city can give the city two big advantages: a well-managed parking system and a perpetual stream of income.
For example, a city can require its private contractor to set meter rates that keep the curb occupancy rate between 75% and 95% on every block for at least a certain number of hours every day, with penalty payments for failure to meet the occupancy goal. If professional operators can manage parking more effectively and at lower cost than cities can, private contracts with performance goals can be a good deal for almost everyone.
Xerox already manages the prices for on-street parking in downtown Los Angeles, and the program is a great success. Charging the right prices for curb parking produced some surprising benefits. The Express Park program showed that many meters had been overpriced, especially in the morning. During the program’s first year, 59% of the meter prices decreased and only 29% increased. Average meter prices fell by 11% and average parking occupancy increased by 17%. Total meter revenue increased by 2.5%. Parking reform is working well in Los Angeles.
Yung: Cincinnati political leadership is currently looking at increasing meter rates, hours and implementing a residential parking plan for Over-the-Rhine, a neighborhood that is next to the central business district. The residential permits are proposed to be $300 a year, which will be the highest permit price for on-street parking permits in the country if implemented. The neighborhood is very walkable; however, many employment centers and retail destinations are not very accessible by transit therefore many residents of OTR still have to drive.
Do you think that this is a fair market price for a neighborhood in a city like Cincinnati where approximately 10% of the population utilize some form of alternative transportation?
Shoup: The proposed price of $300 a year for a residential parking permit seems chosen to generate revenue rather than to manage parking. It is less than $1 a day, but an on-street parking permit may not be worth even that low price to some residents. I would instead aim for the fair market price, which means the price at which demand equals the available supply.
Yung: The city is currently in the midst of a zoning code rewrite and the topic of parking requirements is up for debate. Last year the city eliminated parking requirements in the CBD and OTR; however, there is little appetite from city leaders and planners to expand the effort to other areas.
In discussions, some developers advocated for parking requirements as a way to protect on-street parking impacts around the University of Cincinnati and other high-traffic commuter areas. They argue that there are not enough parking options in the area and other developers, eager to cut costs by cutting out parking if the requirement is eliminated, would incidentally create more demand for scarce on-street spots for students and visitors.This is similar to a debate in Portland regarding high-density apartments. What would your response to this be? Are there instances where you think parking requirements would need to be preserved?
Unused Parking at The Banks [Randy Simes]
Shoup: If Cincinnati uses fair market prices to manage on-street parking – the lowest prices that will leave on or two open spaces on every block at every time of the day – it won’t have to require off-street parking spaces for every land use. If the government regulated any other aspect of our lives as precisely as it regulates the number of off-street parking spaces everywhere, everyone would join the Tea Party.
Yung: Futurist seems to be talking about driverless cars as a way to streamline commutes for suburbanites however there is also some discussion on utilizing them as a automated taxi service in cities. What are your thoughts on driverless cars and what do you think their impacts will be on cities and parking reform?
Shoup: I don’t think driverless cars will have a big impact on cities during my lifetime. I do think that Uber, Lyft, Zipcar and the like are already having a big impact.
Yung: Can you elaborate on how car sharing services are impacting the parking demand market in cities?
Shoup: Uber, Lyft, and Zipcar reduce parking demand because they can substitute for a second car or even a first car for some families. Several studies of carsharing services like Zipcar have found that each shared car replaces between 9 and 13 privately owned cars because carshare members reduce the number of cars they own or avoid buying a car as a result of joining. Here is the link to a recent article about how carsharing reduces vehicle ownership and thus parking demand. And here is the link to another article about how dedicating an on-street parking space for a shared car reduces the demand for car ownership and thus parking demand.
Yung: SFpark has been widely discussed as a success in national urban blogs. Do you think this system is the ideal model for ensuring demand driven market pricing for parking in cities? Are there any suggestions that you would make to change or improve this system?
Shoup: SFpark, San Francisco’s new pricing program, aims to solve the problems created by charging too much or too little for curb parking. If the price is too high and many curb spaces remain open, nearby stores lose customers, employees lose jobs, and governments lose tax revenue. If the price is too low and no curb spaces are open, drivers who cruise to find an open space waste time and fuel, congest traffic, and pollute the air. SFpark bases the price adjustments purely on observed occupancy.
Planners cannot reliably predict the right price for parking on every block at every time of day, but they can use a simple trial-and-error process to adjust prices in response to occupancy rates. This process of adjusting prices based on occupancy is often called performance pricing. Beyond managing the on-street supply, SFpark helps to depoliticize parking by setting a clear pricing policy.
San Francisco charges the lowest prices possible without creating a parking shortage. Transparent, data-based pricing rules can bypass the usual politics of parking. Because demand dictates the prices, politicians cannot simply raise them to gain more revenue. Here is the link to a short article that explains SFpark.
Immediately after conducting this interview with Dr. Shoup, it was revealed that many recently constructed parking garages in Portland, as required by law, are now sitting mostly empty.
