Business Development News

EXCLUSIVE: 3CDC Commits to Shared Parking Plan for Over-the-Rhine

Just four days after publishing an exclusive story which uncovered that the amount of parking provided at the Mercer Commons development exceeded city mandates and added approximately $4.25 million to the project cost, officials from the Cincinnati Center City Development Corporation (3CDC) contacted UrbanCincy to offer more information surrounding the Mercer Commons Garage.

Many commentors on our previous story defended 3CDC and claimed that such parking provisions at the Mercer Commons Garage would allow for less parking at future developments. Adam Gelter, 3CDC’s Vice President of Development, echoed these thoughts and stated that future developments would in fact utilize the parking garage, although only some of those projects have been financed, and even fewer approved for zoning variances by the City of Cincinnati.

Work at the Mercer Commons construction site in August 2012. Photograph by Travis Estell for UrbanCincy.

In particular, Gelter, stated that the 359-space Mercer Commons Garage allows for one parking space at every unit within that development, but that those living at Mercer Commons would not be required to purchase a space. This, 3CDC asserts, will allow for the parking garage to be utilized more efficiently.

The debate becomes even more nuanced when the status of Over-the-Rhine’s historic district designation and ongoing comeback as a desirable neighborhood are taken into account.

“In a place like OTR, which is coming back strong but still has a long way to go, I think we want the neighborhood to be as welcoming as possible to visitors and to satisfy any concerns they may have about safety,” responded Kaid Benfield, director of Sustainable Communities for the Natural Resources Defense Council (NRDC). “The key for a historic district, I think, is to keep the parking from occupying so much space that it interferes with the historic character of the neighborhood.”

In addition to the Mercer Commons development, 3CDC officials say that they are planning a 30- to 40-unit residential development at the parking lot where Smitty’s once stood. Furthermore, 3CDC expects the office tenant at the Paint Building to require 25 spaces, another 15 to 20 spaces at the former Boss Cox building, and potentially 50 spaces for office users at Cintrifuse. Furthermore, project officials say surrounding restaurants could use additional parking for their customers.

“Of the seven upcoming developments, only one has its own parking, and the rest have spaces assigned at either the Mercer Garage or Washington Park Garage,” Gelter explained. “We give condo owners a right to buy a monthly space, and we refuse to assign spaces so that we can turn the spaces as much as possible.”

To that end, Gelter explained that only six parking spaces at the Fountain Square Garage are reserved at any given time for its 250 monthly pass holders.

Rendering of the $53.5 million Mercer Commons development in historic Over-the-Rhine. Image provided.

The goal would be to reduce the number of surface parking lots needed to serve new developments throughout historic Over-the-Rhine, but 3CDC officials say that what has already been put in place will probably be difficult to undo.

“We would love to get rid of and develop the Twelfth and Vine parking lot, and we would like to stop building surface parking lots to the extent that is possible,” Gelter told UrbanCincy. “However, parking lots for condo buildings only are going to be very difficult to get rid of, so we don’t want to do that anymore.”

Gelter went on to say that one potential option would be to keep the Gateway Garage open to the public. Just over one year ago Kroger purchased the 950-space parking garage from the City of Cincinnati for $4.5 million, and currently experiences low usage rates outside of workday hours.

When it comes down to it, however, it appears as though the status quo for providing parking within the urban core will continue regardless of what policies come out of City Hall.

“Some of our upcoming developments have been approved for no on-site parking, and some have not,” Gelter conceded. “The goal would be to build structured parking to minimize the extent we need to use surface and street parking, but we have to take it on a case-by-case, and block-by-block basis.”

The first phase of construction at Mercer Commons is currently underway, and is expected to be complete by March 2013. Two additional phases of work are planned to follow.