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Business Development News

Thousands of new residents now calling downtown Cincinnati home

Downtown Cincinnati Inc. (DCI) has released its eighth annual State of Downtown Report. The findings show continued improvements throughout the Central Business District, Over-the-Rhine and Pendleton neighborhoods.

“New, world-class office development, active retail leasing and expanded entertainment options demonstrate that downtown is thriving,” Gina Gartner, DCI’s Director of Stakeholder Services, stated in a prepared release. “In addition, the growing residential community, from The Banks to Over-the-Rhine, is actively engaged in making downtown a great place to live.”

Customers enjoy the newly opened 1215 Wine Bar & Coffee Lab in historic Over-the-Rhine. Photograph by Randy A. Simes for UrbanCincy.

The 36-page report touts the continued population growth in the urban core, and points to more than $1.3 billion worth of development either currently under construction, or in planning stages. This, DCI officials claim, is evidence of a resurgent downtown area.

“Downtown continues to enjoy major growth and development within its neighborhoods, old and new, from Fountain Square to the East Eighth District and The Banks to Over-the-Rhine,” explained DCI President David Ginsburg. “With this growth, it becomes even more important to connect visitors, residents, employees, developers, and others to the wealth of options downtown has to offer once they are here.”

One way in which boosters envision connecting the growing number of people with the growing number of destinations downtown is through critical transportation investments like the $99.5 million first phase of the Cincinnati Streetcar and future enhanced bus service.

Downtown Cincinnati population growth chart provided by Downtown Cincinnati Inc.

The report also highlighted 12 percent residential growth credited, in part, to the addition of 300 new apartments at The Banks which are 100 percent leased. The surge of new residents comes at the tail end of a period where the downtown area has added more than 5,000 new residents.

The residential growth at The Banks was complimented by ongoing population growth in historic Over-the-Rhine and throughout the Central Business District. And while the second phase of The Banks may not get underway for another six months, officials are excited about 88 additional apartments that will soon come online at The Reserve at 4th & Race.

“A 12% increase is significant and adds greatly to the vibrant city we work toward every day,” Ginsburg noted. “And, though it was not a surprise to DCI or its partners, the more than 25% drop in crime over the past ten years can be credited to the continued commitment of the Cincinnati Police, the City of Cincinnati’s Public Services Department, the Cincinnati Parks, Downtown Cincinnati Inc., and others.”

Perhaps tying the positive trends in residential growth and crime decreases with one another, are the brightly colored Downtown Ambassadors seen out on the streets every day, which have also recently begun servicing parts of Over-the-Rhine.

The report also found that 28 retail establishments opened in the downtown area in 2011, and that hotel occupancy rates surpassed the national and local average at 63 percent.

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Up To Speed

Metropolitan areas at the heart of America’s emerging majority-minority population

Metropolitan areas at the heart of America’s emerging majority-minority population.

New Census data shows that the United States is well on its way to becoming a majority-minority population in the near future. In Ohio, only the Cleveland metropolitan region has more than half of those five-years-old or younger coming from a minority background, but Cincinnati and Columbus are also hoovering around the 50 percent mark. More from Atlantic Cities:

“Most of the largest metropolitan areas have already passed the minority-majority population threshold for their young populations. Indeed, 36 of the top 50 metros are in this group. Only one of the top 10, Boston, is below that threshold, with just about 34 percent of its under 5 population representing at least one minority…Many metros are far beyond the 50 percent mark, and eight metros are above 75 percent.”

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Business News

EACC conference aims to jumpstart region’s skilled labor workforce

The European-American Chamber of Commerce (EACC) will host its annual conference at the Hilton Netherland Plaza in downtown Cincinnati today. The goal of this year’s conference is to examine the best practices for recapitalizing America’s skilled workforce for global competitiveness.

While the discussion will be aimed at large economic trends, local business leaders see the conference as an opportunity to better position the Cincinnati region for additional foreign investment.

“While this conversation has been ongoing in our region, we are providing a platform for community stakeholders to connect and discuss how we can work to grow our skilled labor work force on both sides of the Atlantic,” EACC executive director Anne Capel stated.


Sites like the former Newport Steel property offer land for potential expansion of the region’s skilled labor workforce. Photograph by Randy A. Simes for UrbanCincy.

According to local business leaders, one of the ways in which the United States in general, and the Cincinnati region specifically, could improve is through better training and coordination between academic institutions and businesses.

“There is a great need for skilled manufactures like machinists and mechatronics,” explained HAHN Automation CEO, and EACC President, John Baines. “And a common complaint from European business leaders is that they can’t find this kind of talent.”

Baines went on to say that a key difference between Europe and the United States is the prevalence of apprenticeship programs. Such programs, he says, give Europeans a leg up in skilled manufacturing since, in some cases, people have been working in the fields since they were 13-years-old. Cincinnati-area business and community leaders are hoping that this year’s EACC conference will help change all that and close the gap between workforces.

“Skilled trade is a great way to go,” said Baines whose company opened its North American headquarters in Hebron, KY in 2001 and currently employs 50 people. “You are able to avoid debt by working while you study, and get both theoretical and practical experience.”

He says that the EACC is trying to encourage skilled manufacturing companies throughout the region to develop apprenticeship programs of their own, and hopes that academic institutions will stay up-to-date with technological advances and skills training needed by the industry.

The issue is so important to Baines and HANH Automation’s North American operations based out of Hebron, KY that he says the company is working on its own apprenticeship program that will hopefully be in place in no more than one to two years.

“I hope business leaders will walk away [from the conference] seeing the value in these apprenticeship programs,” Baines concluded. “It is important that community leaders appreciate the value of skilled labor and see it as a good career path. It’s a very respectable career with good pay, and an almost guaranteed job should you have the right training.”

The 2012 EACC Skilled Labor Workforce Conference will host more than 200 attendees today and will feature speakers from academic, public and private sectors. Keynote addresses will be given by Karen Eizey, director of the Skills for America’s Future program at The Aspen Institute, and Joerg Ernst, executive vice president of global business at Siemens AG.

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Business News Transportation

Cincinnati receives national bicycle award, announces bike share feasibility study

City officials announced today that Cincinnati has been named a bronze-level Bicycle Friendly Community by the League of American Bicyclists. The award comes after two previous failed attempts, and makes Cincinnati one of three Ohio cities to receive the recognition.

Leaders say the award is as a result of the city’s ongoing efforts to add bike lanes, sharrows, dedicated bicycle parking to streets across the city, and frequently seek feedback from the bicycling community. The designation also illustrates a huge improvement since 2009, when the local community gave the city a “C” in its first bicycling report card.


Cincinnati officials announced today that a bike share feasibility study will begin in June and will be completed by August. Taipei bike share photograph by Randy A. Simes for UrbanCincy.

Since that time, City Council has passed a new bicycle safety ordinance requiring vehicles to maintain a three-foot passing distance when passing bicyclists, and banning cars from driving or parking in bike lanes. Additionally, the city’s Department of Transportation & Engineering (DOTE) has been working to add bicycle parking at special events such as the Midpoint Music Festival and inside parking garages such as at Fountain Square.

Efforts by other organizations have also helped improve the city’s bike friendliness. Three local transit agencies teamed to offer free rides to bicycle commuters on Bike to Work Day in 2011, and non-profit Queen City Bike has offered a list of bicycle-friendly destinations across the region.

City officials and bicycling advocates also took the opportunity today to announce that Cincinnati will begin a bike share feasibility study for the region’s urban core. The process, officials say, will begin in June and be completed by August this year. The work will be done by Alta Planning+Design, which is the same firm that has developed and implemented bike share programs in Washington D.C., Boston and New York City.

“We’re honored to be included among America’s most bicycle-friendly communities,” said DOTE director Michael Moore. “The award, as well as the bike share study, shows the city’s continued commitment and investment to making bicycling a viable transportation option for our residents.”

Bike share programs utilize rental kiosks that typically host 10 to 12 bicycles available to anyone interested in using them. Bike share kiosks across the United States typically accept credit card payments, but best practices around the world allow users to utilize a payment card that is integrated with the region’s bus, rail, and taxicab networks.

Users are allowed to pick up and drop off bicycles at any kiosk location, unlike car share program which require drop-off at the same location as pick-up. Officials say that a website for the bike share program will soon be launched, and will offer those interested a place to learn more and provide their feedback on potential kiosk locations.

EDIT: The original version of this story incorrectly stated that Cincinnati was the only city in Ohio to receive the Bicycle Friendly Communities designation, when in fact it is one of three (Dayton, Columbus).

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Up To Speed

Urban innovators to gather in Cincinnati at CEOs for Cities event

Urban innovators to gather in Cincinnati at CEOs for Cities event

A group of some of the nation’s most innovative urban minds will gather in Cincinnati on May 17 and 18. While here, they will examine the city’s ongoing urban success stories at CEOs for Cities bi-annual meeting titled, “The City as a Startup.” More from the Cincinnati Enquirer:

They’ll hear innovators from San Francisco to Songdo, South Korea, share stories of building smarter technology infrastructure, training, attracting and retaining talented young workers and creating a vibrant community of entrepreneurs. The meeting also lets local organizers Eric Avner and David Ginsburg spotlight how far our region has come since the men joined the group in 2004.