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Business Development News

PHOTOS: Grandin Properties Completes $1.6M Renovation of 135-Year-Old Hummel Building

Ninety years after the founding of the City of Cincinnati, in a day when Over-the-Rhine was home to over 40 breweries and Barney Kroger was still writing his business plan; three men sat in a saloon along Vine Street finalizing the design for Music Hall and a property adjacent: 1401 Elm Street.

The triage of architect Samuel Hannaford, Cincinnati political boss George Cox, and construction contractor George Hummel built 1401 as mixed-use development. In addition to multi-family homes, the property included the Hummel Family Market and the ever-popular Hummel Saloon.

Erected in 1878, the structure has withstood the test of time allowing for modern-day developers, Cincinnati Center City Development Corporation (3CDC), Hudepohl Construction, and Grandin Properties to rehabilitate it 135 years later.

The $1.6 million project was celebrated with a ribbon cutting ceremony attended by Chad Munitz, Executive Vice President of 3CDC, Vice Mayor Roxanne Qualls (C), Cincinnati City Manager Milton Dohoney, Councilmember Laure Quinlivan (D), and Peg Wyant of Grandin Properties.

The Hummel Building, which is now home to a 1,900 square-foot restaurant space and four condominiums priced from $270,000 to $375,000, is also the first Over-the-Rhine project for Grandin Properties.

A company best known for their work in upscale suburban neighborhoods such as Hyde Park, Grandin invested in 1401 Elm for both its historic significance and recent resurgence of the urban lifestyle.

“Cincinnati is reinventing itself as a hub of influence and innovation,” stated Grandin CEO, Peg Wyant at the ribbon cutting ceremony last week. “Grandin Properties is very pleased to be a part of it.”

Just around the corner from the Hummel Building, crews continued roadwork in preparation for the Cincinnati Streetcar.

“It is exciting to see this property link up with the streetcar,” noted City Manager Milton Dohoney. “Great things happen as we continue to invest in the city with the help of 3CDC.”

The Hummel Building is the second of seven projects to be completed during the fifth phase of 3DCDC’s redevelopment work in Over-the-Rhine. Other properties include Republic Street Lofts, Tea Company Townhomes, Westfalen II, B-Side Lofts, Mercer Commons, and Nicolay, as well as the Bakery Lofts which opened earlier this year. Hummel’s first floor restaurant is slated for a public debut on November 26, 2013.

The City of Cincinnati and 3CDC have financed more than $315 million in redeveloping Over-the-Rhine since 2009. The 110-square block neighborhood is home to the largest concentration of historic structures in the United States: 943 buildings. To date, 103 of those buildings have been restored or stabilized through the work of 3CDC.

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News Transportation

Cincinnati Seeking Feedback on Two Bike Infrastructure Projects

The City of Cincinnati is studying two new streets for potential bicycle enhancements, and officials with the Department of Transportation & Engineering (DOTE) are looking for the public’s feedback.

The first project is on Delta Avenue where they are considering adding a five-foot bike lane on both sides of the street, and the second is a larger project along Central Parkway that is considering adding either striped bike lanes or physically separated cycle tracks along a 2.2-mile stretch of the roadway.

Delta Avenue Bike Lanes
The Delta Avenue project will take place between Columbia Parkway and Erie Avenue, but will not impact Mt. Lookout Square. DOTE officials say that the schedule calls for repaving to begin in early 2014.

Right now planners and engineers are looking at two options for Delta Avenue. One option would maintain the existing roadway conditions that include two 10-foot travel lanes and two 18-foot travel/parking lanes.

Delta Avenue Proposed Section

The second option would modify this layout to include two 5-foot bike lanes, two 10-foot travel lanes, one 9-foot left turn lane, and two 8-foot parking lanes.

The proposed reconfiguration, DOTE officials say, would provide safety benefits for bicyclists, pedestrians and automobile drivers, and is similar to what was recently installed on Madison Road between Woodburn Avenue and O’Bryonville.

In addition to improving bicycle accessibility along Delta Avenue, the new bike lanes would connect into the recently installed bike lanes on Riverside Drive, which will be extended into the downtown area later this year.

“Delta Avenue is a primary cycling route from Riverside and downtown to the city’s eastern neighborhoods, and these plans will help to calm traffic and make the street safer for cyclists, pedestrians and motorists,” Queen City Bike president Frank Henson stated.

Those interested in sharing their feedback regarding the Delta Avenue project can do so by visiting the City of Cincinnati’s webpage for the project and answering a few brief questions.

Central Parkway Cycle Tracks
The larger Central Parkway project is planned to be built in two phases, with the first phase of work stretching from Elm Street in Over-the-Rhine to Marshall Avenue in Fairview.

Neighborhoods along the first phase of the project have already been approached about the project, and the City of Cincinnati received a $480,000 Transportation Alternative grant from the federal government, administered through the OKI Regional Council of Governments, in June 2013.

This portion of the work is being studied in three separate segments due to existing roadway configuration.

Dearborn Street Two-Way Cycle Track
City officials are looking into the possibility of installing a two-way cycle track along Central Parkway – similar to Chicago’s two-way cycle track on Dearborn Street. Image provided by Active Transportation Alliance.

The first segment is from Elm Street to Liberty Street, and due to the median that divides Central Parkway there, it is considered unfeasible to have a two-way cycle track. As a result, the DOTE is considering only two options – the existing road with no enhancements or one-way cycle tracks on both sides of the street.

The second segment being studied in phase one is from Liberty Street to Brighton Avenue, and is studying three options in addition to the existing conditions. The first would be a 14-foot, two-way cycle track on the west side of the street, the second would be 7-foot-wide one-way cycle tracks on both sides of the street, and the third would be 5-foot bike lanes on both side of the street.

The final segment within the first phase of the Central Parkway project is from Brighton Avenue to Marshall Avenue. Here, the same three options are being considered as for the second segment. The only difference being the two-way cycle track on the west side of the street would be 12 feet wide instead of 14 feet.

“Adding a cycle track to Central Parkway will create a safer, family-friendly space for people on bicycles and will exponentially increase the number of people using bicycles in this corridor,” explained Mel McVay, senior city planner with Cincinnati DOTE. “This project is a game changer for Cincinnati – it has the ability to completely change the way people feel about riding bicycles in our city.”

Those looking to share their thoughts on which design option would be best can do so by completing a very short survey on the Central Parkway project’s webpage.

The second phase of work along Central Parkway would then progress northward from Marshall Avenue to Ludlow Avenue, where the city’s first green bike lanes were installed in November 2012. The details have not yet been worked out for this phase of work, but will progress as soon as funds become available.

“Both of these projects would be extremely beneficial if completed,” noted Queen City Bike executive director Nern Ostendorf. “What bike lanes and especially cycle tracks do is they expand the accessibility of biking on city streets to more users who consider biking on roads without special bike facilities too dangerous, or at least too stressful.”

This story was originally published in the July 19, 2013 print edition of the Cincinnati Business Courier. UrbanCincy readers are able to take advantage of an exclusive digital membership and access all of the Business Courier‘s premium content by subscribing through UrbanCincy‘s discounted rate.

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Arts & Entertainment Business News

PHOTOS: Mayor Mallory Energizes Supporters at Streetcar Social

Hosting their monthly Streetcar Social, Cincinnatians for Progress braved the summer heat wave at Rhinegeist Brewery as crowds gathered to listen to the featured speaker of July.

Cincinnati Mayor Mark Mallory (D) took to the stage, presenting an update on phase one of the Cincinnati Streetcar project, to a room filled with approximately 200 supporters. Several City Council members were also present, including Wendell Young (D), Laure Quinlivan (D), Chris Seelbach (D), and representatives for Vice Mayor Roxanne Qualls (C) and City Council Candidate Mike Moroski (I).

The Mayor spent the beginning of the event mingling with the crowd, followed by delivering a 20-minute presentation that recapped the official signing of the streetcar construction contract with Messer, and the continued progress with utility relocation along the phase one route.

An updated CAF streetcar model was shown with interior finishes, and Mayor Mallory explained that Cincinnati’s five streetcars will have cutting-edge technology that will be the first of their kind to operate in North America.

Mayor Mallory also showed a rendering of the streetcar maintenance facility, which will be erected in the lot adjacent to Rhinegeist, and explained that the current cinder-block structure will be demolished so that the new facility can be built along Henry Street.

“We’ve decided to name the maintenance facility the Center of Advanced Streetcar Technology, or COAST for short,” Mallory quipped to a boisterous audience, as he commented about the anti-streetcar group with the same acronym.

The mayor continuously expressed his gratitude for supporters, both new and those who have been on for the long haul.

“Investing in the Cincinnati Streetcar will help stabilize the city’s tax base and repopulate the Queen City; the greatest challenge facing us today.”

All photographs were taken by Paige Malott and Travis Estell for UrbanCincy.

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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.

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Arts & Entertainment Business News

Market at the Park Brings Pop-Up Shops to Washington Park Every Monday

We’ve all been there. The one day that Findlay Market is closed, we run out of fresh produce, honey, or another edible essential.

Although business hours have expanded to 6pm in recent years, some vendors remain reluctant to stay open later than that. As a result, a group of Findlay Market shoppers have started Findlay After Four – a weekly event that encourages people to shop at Findlay Market on Thursday between 4pm and 6pm.

Until those hours are further expanded at Findlay Market, be sure to get your fix at Market in the Park.

Market at the Park

Every Monday night through September, local vendors will set up pop-up shops featuring a variety of vegetables, tea, baked goods, and ready-to-eat meals in Washington Park From 4pm to 8pm, patrons can do their shopping or grab a hot sandwich, just like they would at Findlay Market.

While some of the vendors operate out of the market house during the rest of the week, others are new to the scene like condiment queens Sheila and Kathy. They will bring their special Kentucky Sauce, Hot Pepper Jelly, and zesty blends of salsa at their Chipotle Chicks booth. Hailing from Falmouth, Kentucky, the pair is excited to bring their southern flare to share with the Over-The-Rhine crowd.

Need to cool off? Try a decadent sea salt caramel gelato from Madison’s or snag an all-natural sno-cone from Chill Shaved Ice Bar, featuring syrups made from real fruit juice.

Food truck notables C’est Cheese and Red Sesame Korean BBQ will fill you up with dinner: a gooey Bee Sting grilled cheese stuffed with pepperoni, mozzarella, honey, and basil, or a kimchi beef burrito with rich Oriental seasoning. Providing that much-needed caffeinated pick me up at the end of the work day, Coffee Emporium will also be on site with iced drinks, lattes, smoothies, and hot coffee.

So whether you’re hungry for a unique happy hour or need a few pantry essentials, grab your grocery list and tell your friends, “Meet me at the Market!”