Tag: urban design

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Business Development News

Greiwe Development to Break Ground on $35M Hyde Park Condo Building This Week

Developers are aiming to break ground on a $35 million condo building in Hyde Park this week, following a months-long demolition effort that began in late October and cleared the site of five existing buildings, some of which dated back 80 years.

Greiwe Development and North American Properties (NAP) say that the demolition work cleared the way for what will become a modern four-story building that will house 30 luxury condominiums at the corner of Observatory Avenue and Shaw Avenue in Hyde Park.

Named 2770 Observatory, the development will also include a 77-space underground parking level accessible from Shaw Avenue.

The development will boast some of the priciest new residences in the region, with units priced between $700,000 and $2 million.

“Hyde Park combines the sophisticated lifestyle of Cincinnati’s premier neighborhood with the exciting air of arts, innovative restaurants and blocks of unique shopping,” said Rick Greiwe, principal of Greiwe Development.

Not everyone is thrilled about the luxurious direction in which Hyde Park continues to head. Former residents expressed frustration to UrbanCincy, saying they were given notice to vacate their apartments “by the end of the month” so that demolition work could proceed.

Over the years, this transition has led to a migration of priced-out Hyde Park residents to seek more affordable options nearby in Oakley, East Hyde Park or Evanston.

Griewe, however, says that the vibrancy of Hyde Park Square is part of what drew his development team to this location, and that the active and engaging lifestyle of city living is what is appealing to his firm.

Both Montgomery and downtown Cincinnati are locations where Greiwe says they would like to do additional work.

The announcement of 2770 Observatory comes as a wave of residential infill projects have been sweeping across Cincinnati’s neighborhoods. Thousands of new residential units are either currently under construction or planned to get started soon in Northside, Walnut Hills, Downtown, Over-the-Rhine, College Hill, Corryville, Clifton Heights, Columbia Tusculum and Avondale.

Instead of the residences being rentals, as is the case for most other projects around the region, 2770 Observatory follows in the footsteps of 2801 Erie Avenue and Michigan Terrace, which were completed in 2009 and 2007, by injecting high-end condos into one of the city’s toniest neighborhoods.

Griewe Development has become known for high-end, urban residential projects. In Mariemont, the company has completed 106 units in the heart of the village. That overall development program has been built over four different phases including Emery Park, Nolen Park and Jordan Park.

The development team says that they are pursuing a LEED Silver certification for the Hyde Park project, and that it is being completed without any financial assistance from the City of Cincinnati.

Cincinnati-based GBBN worked as the lead architecture firm on the project, while Messer Construction has been selected to build it in conjunction with NAP. Construction work is expected to begin this week, with units becoming ready for occupancy in fall 2015.

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Development News Transportation

VIDEO: UC Students, Transportation Experts Pitch Their Ideas for Wasson Corridor

As part of UrbanCincy‘s ongoing partnership with the University of Cincinnati’s Community Design Center, we gathered interested members of the public at the Niehoff Studio in Corryville on April 17 to view the work of students studying the Wasson Corridor.

As with previous events we have hosted at the Niehoff Studio, a capacity crowd attended to not only view the student work, but also participate in a panel discussion with regional experts on the topic. At this event, UrbanCincy‘s Jake Mecklenborg moderated the discussion.

The topic of discussion and the proposals put forth by the interdisciplinary students carried even greater weight as the City of Cincinnati allocated $1.9 million for a variety of bike projects, including $200,000 for the Wasson Way Trail. The City has also recently made an offer to purchase the Wasson Corridor for $2 million from Norfolk Southern who abandoned the rail line years ago.

While the Wasson Way Trail envisions a recreational bicycle and pedestrian trail running along the Wasson Corridor, many now view it as a component of a multi-modal transportation corridor that includes a long-planned light rail line.

Mayor John Cranley’s (D) administration appears to be focused on investing in recreational bike/ped trails, which is good, but the development of the Wasson Corridor should include both the proposed recreational trail and room for light rail tracks.

Fortunately, what was once viewed as a project that pitted light rail advocates against biking advocates has changed drastically since UrbanCincy‘s controversial editorial on the matter in 2012. There now appears to be broad consensus from both sides that the corridor should be developed in a comprehensive, multi-modal fashion.

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Business Development News

Townhomes Removed from Development Plan for The Banks

Townhomes at The Banks

Hamilton County leaders announced last Thursday that they had struck a deal with the Cincinnati Bengals regarding a number of issues pertaining to the county’s stadium contract with the team.

The biggest component of that new agreement is that the Bengals will waive their veto right over the heights of buildings at The Banks. This clause in the stadium deal, signed in 1997, delayed the start of construction of Phase IIA work at The Banks by more than a year, and posed a significant risk to the City of Cincinnati in its efforts to lure General Electric and its new Global Operations Center to the central riverfront.

Now that the agreement is signed, developers of The Banks have announced that they will immediately begin construction on Phase IIA project that will include 291 apartments and 19,000 square feet of retail space.

Should the city succeed in its efforts to land General Electric’s facility at The Banks, it is expected that its new office tower would either be located at the office pad within the Phase I footprint, or more likely on top of the street-level retail adjacent to the apartment midrise at Phase IIA.

The development team believes both sites could accommodate the approximately 400,000 square feet of office space desired by General Electric.

The announcement also brought with it renewed questions about the status of the hotel at Phase I, located immediately across the street from Great American Ball Park. On that note, the developers said that they are still working to sign a hotel operator for the space, and that it is unlikely it will be completed ahead of the 2015 MLB All-Star Game.

That leaves only one element of Phase I of The Banks still in question – the oft-forgotten townhomes lining the Schmidlapp Event Lawn.

When asked about the status of the townhomes, and if their delay in moving forward was related to constructability issues with the adjacent and unbuilt hotel site, Libby Korosec, spokeswoman for The Banks development team, said that there are no longer plans for townhomes at that location.

Korosec went on to say that the future of that particular site has yet to be determined, but that it is possible it could be used as part of the hotel, but that no decisions have been made.

“That site was originally planned to have six to eight townhomes, which is not really an efficient number to go in and build,” Korosec explained. “Not only was it not efficient, but it also wasn’t going to be a very good environment for townhomes with all the in and out traffic nearby.”

Korosec noted that the elimination of townhomes from the Phase I footprint does not mean that townhomes will not be built elsewhere. In fact, she said that the development team believes there are other sites at The Banks that would be better suited for such housing.

Part of the change can also be explained by the housing bubble that burst around the time construction started at the site.

“The market on condos and townhomes turned south just when we signed the MDA,” Korosec said. “However, homeownership via condos is still a strong possibility at The Banks for future phases should the market demand it.”

The development team opted to forgo building condos at $91 million Phase IA of The Banks, and instead built apartments due to the housing downturn. The decision has proved successful as apartments at The Banks fetch some of the highest prices per square foot in the region and have a waiting list of approximately 60 people.

Since that time the MDA was signed, however, the owner-occupied housing market has shown signs of life throughout the center city where there is currently little supply available. Recent developments, led by 3CDC in Over-the-Rhine, have sold quickly and, in some cases, for more than $300 per square foot.

The Banks development has drawn a significant amount of publicity since its first phase opened in 2011, but work is far from over at the massive riverfront project site. As of now, The Banks is only approximately one-third of the way built out.

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Business Development News

PHOTOS: Cincinnati’s ‘Pill Hill’ Continues to Grow Taller

Cincinnati Children's Hospital Medical Center Research Tower

The expansion of the region’s medical institutions has not only been outward to new communities, but also upward within the medical treatment and research cluster that has formed in the Uptown area.

Cincinnati Children’s Hospital Medical Center has been growing at, perhaps, the fastest clip of any company or organization in the region. The renowned pediatric research institution is continuing to grow with a $180 million tower currently under construction in Avondale.

Just a 15-minute walk to the south, construction equipment works at a frenzied pace in Mt. Auburn where Christ Hospital is in the midst of a $265 million expansion that includes a new Orthopedic & Spine Center.

The following five photographs were taken at each construction site in April 2014. All photographs were taken by Jake Mecklenborg for UrbanCincy.

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Up To Speed

How to repurpose parking garages that are becoming increasingly obsolete

How to repurpose parking garages that are becoming increasingly obsolete.

There are far more parking spaces in America than there are cars. The total is so high, in fact, that there are even more than double the number of parking spaces in America than there are people. There is a parking glut, not a shortage, and this problem is getting worse as more and more people are choosing not to drive at all or at the very least drive less.

What this means is that parking garages need to be designed in a way that will allow them to be repurposed for other uses. In Cincinnati, this is playing out at the new dunnhumbyUSA Centre where its garage is being designed so that office space can be built in its place in the future. All parking garages, however, should be designed in such a way. More from NextCity about how leaders in Atlanta are working toward just that:

On Wednesday the school unveiled SCADpad, a series of three micro-housing units in a parking garage near its Midtown Atlanta campus. The idea is a novel yet simple one: Repurpose underused parking garages — about 40,000 parking structures in the U.S. operate at half capacity, according to the Urban Land Institute — for housing in dense areas that need it. The 135-square-foot micro-apartments each take up one parking space, with an additional space for use as a “terrace” (seriously!), and were designed by 75 current SCAD students, 37 alumni and 12 professors. A dozen students will move into the apartments on April 15.

“Think about it,” Sottile said. “Many of these 20th-century parking structures are on their way toward obsolescence, and we’re asking questions about how those can be reinvented for neighborhoods. There’s also a historic preservation side of this. And we want to see how can we get them back into higher usage.”