Author Topic: Cincinnati: Corryville - Hampton Inn & Suites (Read 22268 times)

mcadrenaline · « **Reply #35 on:** August 26, 2008, 09:02:58 AM »

...and I'll just put it out there: the fact that no one on here knows anything about the status of this project and/or the land REALLY scares me! no joke!

UncleRando · « **Reply #36 on:** August 26, 2008, 10:07:17 AM »

Quote from: mcadrenaline on August 26, 2008, 09:02:58 AM

...and I'll just put it out there: the fact that no one on here knows anything about the status of this project and/or the land REALLY scares me! no joke!

Take it easy...the old go to guy (grasscat aka buildingcincinnati) doesn't come around as often. I'm swamped, but I'll do a little research and see what I turn up.

UncleRando · « **Reply #37 on:** September 02, 2008, 02:47:27 AM »

Rumors have it that this project might be dead for right now.

oakiehigh · « **Reply #38 on:** September 02, 2008, 03:05:51 AM »

I'm almost cool with that!! Redesign!

Blue Line · « **Reply #39 on:** September 04, 2008, 01:30:32 PM »

Quote from: UncleRando on September 02, 2008, 02:47:27 AM

Rumors have it that this project might be dead for right now.

One more for the books.

I really think a new rule book needs to be written for development procedures. How many vacant lots do we want?

Sherman Cahal · « **Reply #40 on:** September 04, 2008, 01:32:07 PM »

*cough* Banks

I know I'm going to get the heat turned on by Randy in a few minutes!

UncleRando · « **Reply #41 on:** September 05, 2008, 01:24:57 AM »

^Considering no one knows the story about this project (other than the rumors), I don't know how it could be compared to anything. The Banks stalled and started again for known reasons on different occasions...as has the McMillan Park project. Once this story develops then we can all get back to the pissing and moaning.

UncleRando · « **Reply #42 on:** September 05, 2008, 01:43:40 AM »

Clock running down on Uptown project financing
Missing Sept. 30 deadline would erase $30M in credits
http://cincinnati.bizjournals.com/cincinnati/stories/2008/09/08/story8.html

Last-minute changes to the proposed tenant mix at Corryville Crossings have prompted the Uptown Consortium to ask its financial partners to seek a deadline extension from the U.S. Treasury Department, which could revoke about $30 million in federal tax credits if the consortium doesn’t invest at least $10 million in the mixed-use project by month’s end.

Click on link for article.

mcadrenaline · « **Reply #43 on:** September 06, 2008, 03:36:14 AM »

I have to admit, when Sbux announced their plans to close hundreds of stores and realign their markets, the first thing that came to my mind was their involvement in this project, so I'm not surprised they are out. I still think and IHOP would do fantastic here, but I don't think they are willing to take any risks given the market and economy. I still hope the Hampton Inn pulls through because that is the focus point of this project and a limited service hotel would be a great addition to this areas offerings.

so what do you guys think....is this project going to happen or not? I'm glad I know what is going on, but I'm still concerned that all parties involved will not follow through to make this happen.

Cincinnatus · « **Reply #44 on:** September 06, 2008, 05:46:22 AM »

An IHOP there would be a multi-million dollar IHOP, lol.

djaphone · « **Reply #45 on:** September 07, 2008, 02:12:39 PM »

I think any 24 hour eating establishment within a couple blocks from a large university would have to do well. The Hampton Inn would be nice, but I don't know that the Mariott that sits a couple of blocks away is operating at anywhere near full capacity. Hopefully they find some interesting new tenants for the site, certainly something other than a bank.

GCrites80s · « **Reply #46 on:** September 07, 2008, 02:40:03 PM »

Eh, I can see why IHOP bailed. How many other urban IHOPs can you name? They are almost like Bob Evans or Cracker Barrel. You know what would work really awesome at this location, though? A Rooster's!

David · « **Reply #47 on:** September 07, 2008, 02:50:51 PM »

Quote from: GCrites80s on September 07, 2008, 02:40:03 PM

Eh, I can see why IHOP bailed. How many other urban IHOPs can you name? They are almost like Bob Evans or Cracker Barrel. You know what would work really awesome at this location, though? A Rooster's!

No Ihops are allowed within Columbus' city limits from my understanding; it's stipulated in an agreement between the city and Bob Evans!

I agree; that's the perfect spot for an ihop. UC needs at least ONE 24 hour place.

AndrewN · « **Reply #48 on:** September 08, 2008, 12:51:04 AM »

Quote from: djaphone on September 07, 2008, 02:12:39 PM

I think any 24 hour eating establishment within a couple blocks from a large university would have to do well. The Hampton Inn would be nice, but I don't know that the Mariott that sits a couple of blocks away is operating at anywhere near full capacity. Hopefully they find some interesting new tenants for the site, certainly something other than a bank.

The Marriott does well in the market. Many hotels are suffering a slowdown right now because of the economy.

atlas · « **Reply #49 on:** September 08, 2008, 01:21:32 AM »

Quote from: GCrites80s on September 07, 2008, 02:40:03 PM

Eh, I can see why IHOP bailed. How many other urban IHOPs can you name? They are almost like Bob Evans or Cracker Barrel. You know what would work really awesome at this location, though? A Rooster's!

There was one at the corner of 16th and Meridian close to downtown Indy...but it literally closed a few weeks ago. bah!

edale · « **Reply #50 on:** September 08, 2008, 08:12:13 AM »

Quote from: David on September 07, 2008, 02:50:51 PM

Quote from: GCrites80s on September 07, 2008, 02:40:03 PM
Eh, I can see why IHOP bailed. How many other urban IHOPs can you name? They are almost like Bob Evans or Cracker Barrel. You know what would work really awesome at this location, though? A Rooster's!

No Ihops are allowed within Columbus' city limits from my understanding; it's stipulated in an agreement between the city and Bob Evans!

I agree; that's the perfect spot for an ihop. UC needs at least ONE 24 hour place.

Well there is the Skyline on Ludlow...

dmerkow · « **Reply #51 on:** September 08, 2008, 01:51:28 PM »

And Camp Washington at the bottom of the hill.

GCrites80s · « **Reply #52 on:** September 08, 2008, 02:48:12 PM »

Now that I think of it, a Rooster's won't work at this site because current Rooster's policies do not allow restaurants to be located in new buildings, only renovated ones. That's actually a great company policy for making a small dent in sprawl. Well, this is not a sprawly area, though some parts look a suburban.

UncleRando · « **Reply #53 on:** October 10, 2008, 01:22:44 AM »

Last-minute funding gives Uptown hotel project new shot
http://cincinnati.bizjournals.com/cincinnati/stories/2008/10/13/tidbits1.html

Investors in the Uptown neighborhoods surrounding the University of Cincinnati took a “leap of faith” in late September when they committed $10.5 million in federal New Markets Tax Credits to a hotel project that has yet to finalize its tenant mix and financing package.

Click on link for article.

Sherman Cahal · « **Reply #54 on:** October 10, 2008, 01:26:26 AM »

Quote from: GCrites80s on September 08, 2008, 02:48:12 PM

Now that I think of it, a Rooster's won't work at this site because current Rooster's policies do not allow restaurants to be located in new buildings, only renovated ones. That's actually a great company policy for making a small dent in sprawl. Well, this is not a sprawly area, though some parts look a suburban.

Really? I had no idea. That's why I see Rooster's in many small storefronts (and ... some gasoline stations).

UncleRando · « **Reply #55 on:** November 11, 2008, 08:33:27 AM »

Building Cincinnati has reported that the boarded up apartment building sometimes known as the 'Florence' has been torn down. You can find images of the building and its demolition with the story link...

http://www.building-cincinnati.com/2008/11/wrecking-cincinnati-111108.html

Mr. Anderson · « **Reply #56 on:** November 11, 2008, 08:47:46 AM »

Quote from: UncleRando on November 11, 2008, 08:33:27 AM

Building Cincinnati has reported that the boarded up apartment building sometimes known as the 'Florence' has been torn down. You can find images of the building and its demolition with the story link...

http://www.building-cincinnati.com/2008/11/wrecking-cincinnati-111108.html

Too bad, that building looked OK from the outside - but it was probably trashed on the inside. I just hope the redevelopment project gets moving - the last thing we need is another or larger fenced hole in the ground.

dmerkow · « **Reply #57 on:** November 11, 2008, 10:23:25 AM »

I don't think it was in too bad a shape, a fair number of CCMers lived there. It basically completes the block, maybe UC will try to bury the intersection of MLK and Jefferson again (that was Steger's big hope).

UncleRando · « **Reply #58 on:** November 11, 2008, 10:49:25 AM »

^Not gonna happen in a million years.

Ram23 · « **Reply #59 on:** November 11, 2008, 04:05:23 PM »

Yeah, especially with the recent re-do of that intersection. Nothing will change there for awhile, I would think.

The master plans you can look up at UC's library have some interesting concepts, though.

dmerkow · « **Reply #60 on:** November 11, 2008, 06:18:29 PM »

I know, but that was the plan. I knew CCMers tasked to work up those designs 5+ years ago.

UncleRando · « **Reply #61 on:** November 12, 2008, 12:24:12 AM »

Quote from: dmerkow on November 11, 2008, 06:18:29 PM

I knew CCMers tasked to work up those designs 5+ years ago.

CCM students? That doesn't make much sense.

jmecklenborg · « **Reply #62 on:** November 12, 2008, 01:36:18 AM »

There were still people living in that building until this past spring as well as a number of other properties on that block. There was still a church there until about 2002. There were also homes on Vine across from the EPA until about 1998 and MLK was widened around that same time. The area looks like crap.

Blue Line · « **Reply #63 on:** November 12, 2008, 01:39:07 AM »

^To me, Corryville is a tragedy for this and many other reasons. It's really too late to turn back.

atlas · « **Reply #64 on:** November 12, 2008, 01:56:55 AM »

Quote from: UncleRando on November 12, 2008, 12:24:12 AM

Quote from: dmerkow on November 11, 2008, 06:18:29 PM
I knew CCMers tasked to work up those designs 5+ years ago.

CCM students? That doesn't make much sense.

ha. theyre outsourcing to CCM! bah!

dmerkow · « **Reply #65 on:** November 12, 2008, 04:33:11 AM »

Duh...DAAPers of course.

UncleRando · « **Reply #66 on:** December 22, 2008, 07:04:45 AM »

Agreements authorized for Corryville Crossings garage
http://www.building-cincinnati.com/2008/12/agreements-authorized-for-corryville.html

Cincinnati City Council has approved unanimously an installment sale agreement and a garage management agreement with Uptown Consortium subsidiary Uptown Transportation Authority (UTA) to facilitate the construction of a 219-space public parking garage at Corryville Crossings.

The sale agreement will transfer ownership of an air lot at Vine Street and E Martin Luther King Jr Drive to the City, allowing the parking structure to be built built without issuing bonds.

In return, the City will use Corryville tax increment financing (TIF) district funds to service the debt on UTA's garage loan.

A portion of the parking revenues will also be used to service the debt starting in 2012.

The garage then will be transferred back to the UTA within fifteen years or on the date the garage loan is paid in full and the TIF district funds have been repaid, whichever comes first.

Additionally, the management agreement will allow the UTA to manage and maintain the garage both during construction and following the transfer.

Construction of the garage, which is estimated to cost $6.2 million, will also include a public plaza and streetscape improvements.

At buildout, the $24 million Corryville Crossings will include an 80,000-square-foot, 132-room Hampton Inn & Suites hotel and three commercial outlots.

Council approved a planned development district (PD-54) for the site on August 6.

Councilmembers Chris Bortz and John Cranley were excused from voting on the ordinances.

jmecklenborg · « **Reply #67 on:** May 11, 2009, 07:05:54 AM »

Lots of equipment showed up over the weekend and it looks like this thing is underway.

UncleRando · « **Reply #68 on:** May 11, 2009, 07:14:43 AM »

Yeah I had thought that this was dead in the water, but I saw the same equipment and there was actually some dirt-moving equipment being used this past week, then on Friday a drilling machine showed up.

mcadrenaline · « **Reply #69 on:** May 17, 2009, 05:08:30 PM »

Yes, this is really interesting. The 'for sale' signs are still up on the fence though?? Does anyone know whats up?

News:

Author Topic: Cincinnati: Corryville - Hampton Inn & Suites (Read 22268 times)