Tag: st. louis

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Development News

Cincinnati Rent Data Reveals Housing Challenges

Prospect Hill in Over-the-Rhine [Travis Estell]

Renting an apartment in Cincinnati is comparable in price to most of the geographically close and similar-sized cities in the Industrial Midwest and Upper South regions. Apartment-finding website RentCafé investigated the average apartment size and rent in America’s 100 largest cities. Using a baseline of $1,500, the data provides a glimpse America’s most and least-expensive cities.

Cincinnati’s price per square foot comes out to be exactly $1.00 and, with an average apartment size of 863 square feet, the average rent in the city is $866. Cincinnati is identical in price per square foot with St. Louis, MO, although a smaller average apartment size makes the average rent ($839) cheaper in that city. Cincinnati’s average rent is less than in Pittsburgh, PA ($1,070) and Cleveland, OH ($927) but more expensive than Columbus ($800), Indianapolis ($758), and Louisville ($841). Besides Indianapolis and Pittsburgh, most nearby cities remained relatively similar in average rent prices.

rentanalysisohio

RentCafé’s data also shows, unsurprisingly, that New York City, San Francisco, and Boston top the list with average rents coming out to $4,031, $3,275, and $3,111, respectively. Using the baseline of $1,500, you could afford a 271 square foot apartment in New York City, a 342 square foot one in San Francisco, or an apartment with 399 square feet in Boston. Other cities at the top of the list include other expected cities such as Washington, DC, Seattle, WA, and Los Angeles, CA. The cheapest cities for rent in the nation are Memphis, TN, Wichita KS, and Winston-Salem, NC.

Despite rent in Cincinnati and related cities being relatively cheap renters in these cities’ respective counties struggle to afford a decent apartment. Based on data from the National Low Income Housing Coalition (NLIHC), a typical renter household in Hamilton County, OH (Cincinnati) will spend 36.9% of their income to afford a two-bedroom apartment. The NLIHC considers anything more than 30% to be unaffordable. In Marion County, IN (Indianapolis) that number is 35.1%, in Jefferson County, KY (Louisville) it’s 35.5%, 33.9% in Allegheny County, PA (Pittsburgh), and 37.1% in Cuyahoga County, OH (Cleveland). Franklin County, OH (Columbus) comes close to being affordable at 30.4% and St. Louis County barely makes the cut at 29.7%.

While housing crises are well-documented and discussed in America’s booming cities like New York City and San Francisco, this data shows the need for more affordable housing in many of America’s smaller metropolises as well. In fact, looking at the data from the National Low Income Housing Coalition, one would be hard-pressed to find many major American cities that meet the 30% of income threshold set by the NLIHC.

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Business News Politics

Roughly 39% of Hamilton County’s Workforce Commutes From Outside of County

Ohio meets Kentucky

Of the 490,222 workers in Hamilton County, 39% of them are commuters from outside the county. This is according to data released by the U.S. Census Bureau.

Compared to other similarly sized metropolitan areas, this is a larger than normal percentage. In Cuyahoga County, home of Cleveland, for example, only 28% of the almost 700,000 workers commute from outside the county; and in Allegheny County, PA – the center of the Pittsburgh metropolitan area – that number is 22% of more than 680,000 workers.

The difference, some say, may be attributable to the fact that the Cincinnati region’s job center sits directly on a state line, and borders three counties in Northern Kentucky.

However, in Jefferson County, KY, with a similar amount of workers in the county as Hamilton County, only 26% of employees commute from outside Jefferson County. This is in spite of the fact that Louisville sits directly on the Ohio River, like Cincinnati, with commuters crossing the state line from Indiana each day.

Perhaps further explaining the matter is the merging of Cincinnati and Dayton’s economic activities, which increasingly promote cross commuting between Cincinnati’s northern, and Dayton’s southern counties.

Such commuting patterns complicate transportation management for regional planners. Not only does it mean heavy rush hour commutes, but also more unpredictable reverse commutes.

While Hamilton County was a bit of an outlier, it was joined by Davidson County, TN (Nashville), and St. Louis County, MO (St. Louis) with similar complex commuting patterns.

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Business News Transportation

Will Expanded Clout For Port Authority Strengthen Its Economic Development Capabilities?

Shipping on the Ohio River [Randy A. Simes]

Early this year, the U.S. Army Corps of Engineers designated the entire 226-mile stretch of the Ohio River between Huntington, WV and Louisville, KY as the “Ports of Cincinnati and Northern Kentucky,” greatly expanding it from its previous 26 miles. This expansion mirrors other large-scale capacity and access expansions across America’s inland ports.

In Duluth, MN work began in May on a project to enhance rail connections and the intermodal abilities of the port. The Duluth Seaway Authority, the western edge of the St. Lawrence Seaway, states that it is the largest project they have undertaken since their creation in the 1950s.

Further south, America’s Central Port, the port authority for the St. Louis region, began a new $50 million project to provide rail access to six Class I carriers and increase intermodal capabilities. And ports along the Great Lakes are seeing increased shipments of steel, grain, and salt, and are also upgrading rail infrastructure to keep up with demand.

The growth of these ports coincides with several different events. As the nation continues to recover economically from the Great Recession, traffic is increasing along most of America’s transportation corridors; and rail-river/lake intermodal traffic is becoming increasingly popular.

This trend is evidenced in the US Department of Transportation’s recent designation of the Mississippi River as a “container-on-vessel route,” which will provide a vast corridor for container shipping by barge along the entire Mississippi River system. Founded in 1999 to stimulate economic development in Illinois, Iowa and Missouri, the Mid-America Port Commission plans to create even more port authorities in the near future along the Mississippi River.

The congestion in Chicago’s rail yards and limited real estate along Lake Michigan is also contributing to growth in other Midwestern ports. Also looming in the background of these expansion decisions is the soon-to-be-opened Panama Canal expansion, which is expected to increase traffic within all of America’s ports and transportation corridors.

This recent expansion of Cincinnati’s port authority makes it the second largest inland port in the United States, and is expected to enable the region to take better advantage of these trends and help serve as a catalyst for economic development.

The problem for the Port of Greater Cincinnati Development Authority, however, is a continued lack of dedicated funding stream. This limits the organization’s ability to pursue economic development projects that have come to define its core mission.

REDI CEO Johnna Reeder spoke to this at an August meeting for the Port of Greater Cincinnati Development Authority, for which she serves as a board member. At that time Reeder said that the region must do a better job at attracting manufacturing jobs and wants the Port Authority to play a larger role in doing just that.

A proposal to lease the bulk of Cincinnati’s parking assets was approved in June 2013 and would have provided such a revenue stream for the Port Authority. This deal, however, was later cancelled upon the arrival of newly elected Mayor John Cranley (D) and affirmed by a majority of City Council in December 2013.

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The UrbanCincy Podcast

Episode #56: Stadiums and Cities

St. Louis NFL stadium proposalOn the 56th episode of The UrbanCincy Podcast, we are joined by Alex Ihnen of nextSTL to discuss stadiums and their impacts on cities.

We talk about the new NFL stadium proposed for St. Louis’ north riverfront and whether it could actually help redevelop that struggling part of the city. We also discuss whether this proposal is an example of sports team owners ripping off cities, or whether it could be positive financially for the St. Louis.

Finally we compare the proposal with the experience of Cincinnati and Hamilton County in building the new Reds and Bengals stadiums, as well as the desire to replace or upgrade US Bank Arena.

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News Transportation

All Aboard Ohio Celebrates Recent Successes, Future Plans at Recent Meeting

Bicyclists ride along recently completed streetcar tracks on 12th Street [Travis Estell]

Last Tuesday, All Aboard Ohio held their Spring meeting at the newly-opened Taft Ale House in Over-the-Rhine.

President of the Southwest chapter, Derek Bauman, ran the meeting, which not only included discussion of advocacy for interstate passenger rail in Cincinnati, but also of the ongoing construction of the Cincinnati Streetcar.

Several community leaders and representatives were present, including Streetcar Project Manager John Deatrick, Metro’s Rail Operations Manager Paul Grether from Metro, the chief of staff for Councilman Kevin Flynn, a representative from the Cincinnati Preservation Society, the president of Queen City Bike, and even Cincinnati Union Terminal’s Amtrak station manager.

To begin the meeting, Deatrick and Grether talked about the construction of the streetcar system, which can be seen directly outside of Taft’s Ale House, and the future operation of it. Deatrick informed the crowd that almost 70% of the construction is complete, which is ahead of schedule, and the city expects the first streetcar delivery by September.

When asked to address the ongoing discussion about the next phase to Uptown, Deatrick declined to comment.

Grether then explained how his organization acts as the conduit for federal funds to the streetcar and will be the future operator of the system. He also discussed Metro’s plans to schedule the streetcar in a manner that complements and fully integrates with Metro’s bus operations, and those of TANK.

Another key point that Grether mentioned is that the technology is in place to be able to give streetcars signal priority, should leaders at City Hall decide that is desirable. Such a move would quite significantly improve travel times and performance.

As the conversation moved on, Bauman spoke about the group’s efforts to establish daily passenger rail service between Cincinnati and Chicago. Not having daily rail service to Chicago damages business competitiveness for the city, Baumann said, considering that Milwaukee, St. Louis, Detroit and Indianapolis already currently boast such service.

The effort has received renewed interest as of late due to the debate surrounding the future of the Hoosier State line, which connects Chicago to Indianapolis. Project proponents scored a big win recently when funding was picked up by the State of Indiana to continue its service. Those efforts even attracted the attention of Senator Joe Donnelly (D-IN) in a letter he penned to the Federal Railroad Administration about the possibility of future extensions of the line.

Since assuming the presidency of the local chapter, Bauman has made a variety of changes to allow for greater participation and engagement. Meetings are no longer confined to members, for example, and they have begun reaching out to the business community and area universities.

Bauman said that he hopes this approach will help make daily passenger rail service a reality for the Cincinnati region at some point in the near future.

Those that are interested in supporting the efforts of All Aboard Ohio can do so by making a tax-deductible donation to the organization on Tuesday, May 12. On this day the Columbus Foundation will make matching donations to a collection of non-profits throughout the state, including All Aboard Ohio. You can make secure donations to the group on their website.