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Author Topic: Cincinnati: Random Development News & Info  (Read 15094 times)

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Offline old edale

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Re: Cincinnati: Random Development News & Info
« Reply #3120 on: September 23, 2017, 12:39:52 AM »
^Is their HQ in Northside?

Offline thebillshark

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Re: Cincinnati: Random Development News & Info
« Reply #3121 on: September 27, 2017, 11:49:17 AM »
Why don't they do this for the North library:

1. Library sells building to Hamilton County
2. Library keeps open it's public spaces in the building and moves out its operations from upper stories
3. Hamilton County renovates portion of  building into new offices for their operations that are housed in these historic buildings they have in the neighborhood: http://www.hamiltoncountyohio.gov/government/departments/facilities/county_facilities/
4. Hamilton County builds a new office building on the adjacent lot at the NW corner of 9th & Walnut 
5. The former Hamilton County office buildings are converted into residential
« Last Edit: September 27, 2017, 11:54:58 AM by thebillshark »

Offline lobanio0

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Re: Cincinnati: Random Development News & Info
« Reply #3122 on: September 27, 2017, 05:17:08 PM »
Does anyone know what's going on with 222 W 7th? I saw it sold on the auditors site for 8.4M to 222W7 LLC.

Offline taestell

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Re: Cincinnati: Random Development News & Info
« Reply #3123 on: September 27, 2017, 06:04:43 PM »
Why don't they do this for the North library:

1. Library sells building to Hamilton County
2. Library keeps open it's public spaces in the building and moves out its operations from upper stories
3. Hamilton County renovates portion of  building into new offices for their operations that are housed in these historic buildings they have in the neighborhood: http://www.hamiltoncountyohio.gov/government/departments/facilities/county_facilities/
4. Hamilton County builds a new office building on the adjacent lot at the NW corner of 9th & Walnut 
5. The former Hamilton County office buildings are converted into residential

Most of the opposition to the sale of the north library building are not based on any rational logic. It’s simply the anti-gentrification crowd getting worked up because a publicly owned asset may be redeveloped by 3CDC. They have not stopped to ask basic questions like, does the library actually need that space? For all we know the library could make a profit by selling the building, and have more money to pump into providing more services and enhancing some of their other buildings.

Offline hoerstw

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Re: Cincinnati: Random Development News & Info
« Reply #3124 on: September 28, 2017, 07:42:18 AM »
Does anyone know what's going on with 222 W 7th? I saw it sold on the auditors site for 8.4M to 222W7 LLC.

The address for ownership of 222W7, LLC is the same address as Parking Company of America... considering 222 W 7th is a parking garage, I assume it will simply continue to operate as that.

Only other side note is 222 W 7th was the original Federated Dept Stores (now Macy's)  garage, which they had owned since it was constructed decades ago. 

Offline jmicha

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Re: Cincinnati: Random Development News & Info
« Reply #3125 on: September 28, 2017, 07:55:15 AM »
I sort of feel the owners of all those super dated, near-the-end-of-their-design-life parking garages on that side of Downtown are just waiting out until they can sell to a developer.

They sell the rights to develop their property but partner with the developer to build a larger garage than is needed for the development and continue to operate the new garage under contract with the developer. If I were the owner of a junky old garage in a city where mixed use development is beginning to happen pretty frequently that's where I'd be aligning my future investments.

Offline taestell

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Re: Cincinnati: Random Development News & Info
« Reply #3126 on: September 28, 2017, 09:40:11 AM »
Macy's recently purchased the former Avon office building in Springdale and moved many of their downtown employees there. The 222 West 7th garage was the "cheap" garage for Macy's employees if they didn't want to park at the more expensive garage in the Macy's building. These things may be related.

Offline BigDipper 80

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Re: Cincinnati: Random Development News & Info
« Reply #3127 on: September 28, 2017, 09:56:33 AM »
Only other side note is 222 W 7th was the original Federated Dept Stores (now Macy's)  garage, which they had owned since it was constructed decades ago.

I had always heard of it as the Shillito's garage, was Shillito's a part of Federated?
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Offline JohnClevesSymmes

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Re: Cincinnati: Random Development News & Info
« Reply #3128 on: September 28, 2017, 10:56:53 AM »
Only other side note is 222 W 7th was the original Federated Dept Stores (now Macy's)  garage, which they had owned since it was constructed decades ago.

I had always heard of it as the Shillito's garage, was Shillito's a part of Federated?

Yes.

Offline lobanio0

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Re: Cincinnati: Random Development News & Info
« Reply #3129 on: September 28, 2017, 01:53:26 PM »
Speaking of Parking of America

Offline old edale

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Re: Cincinnati: Random Development News & Info
« Reply #3130 on: September 28, 2017, 02:59:53 PM »
Wow look at all the Indian Hill good ol' boys donating exclusively to Cranley. That should say everything you need to know about this mayoral race.

Offline ColDayMan

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Re: Cincinnati: Random Development News & Info
« Reply #3131 on: September 28, 2017, 03:19:41 PM »
Silverton, CPS clash over asbestos at site of major mixed-use project



The village of Silverton and Cincinnati Public Schools are embroiled in a dispute over asbestos at the site of a former school that the village and developers plan to turn into a signature, mixed-use development for the small Hamilton County village.

Miller-Valentine Group, which is redeveloping the 10.6-acre site along Montgomery Road with Jeffrey R. Anderson Real Estate Inc., found “a huge amount of construction material that contained asbestos” in August as they prepared the site, according to Silverton Village Manager Tom Carroll.

More below:
https://www.bizjournals.com/cincinnati/news/2017/09/28/exclusive-silverton-cps-clash-over-asbestos-at.html
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Offline savadams13

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Re: Cincinnati: Random Development News & Info
« Reply #3132 on: October 04, 2017, 01:59:18 PM »
The Neyer Redevelopment of the Reakirt and Brunswick buildings demolition has unveiled some old signage of the Frisch's that once existed in the space. Came across it today on Sixth Street

Offline jwulsin

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Re: Cincinnati: Random Development News & Info
« Reply #3133 on: October 04, 2017, 02:28:52 PM »
^That old sign is awesome! Hope it makes it over to the Sign Museum.

Offline old edale

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Re: Cincinnati: Random Development News & Info
« Reply #3134 on: October 04, 2017, 03:56:39 PM »
Very happy to see this project progressing.

Offline jmecklenborg

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Re: Cincinnati: Random Development News & Info
« Reply #3135 on: October 04, 2017, 05:33:22 PM »
My high school's band played at a George Bush rally on Fountain Square in 1992.  A few of us ate at that Frisch's while the secret service was checking our instrument cases.  A clarinet player who shall remain nameless put the tip in a glass of water and turned it upside down on the table using the old envelope trick. 

Offline jjakucyk

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Re: Cincinnati: Random Development News & Info
« Reply #3136 on: October 04, 2017, 07:39:22 PM »
Looks like St. Francis de Sales is restoring their clock.  I noticed the hands missing on one of the faces about a week ago, and just yesterday it was looking all pink and weird.  When I got closer I realized they took all the glass out and that's foam board covering the openings.

Offline SleepyLeroy

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Re: Cincinnati: Random Development News & Info
« Reply #3137 on: October 05, 2017, 08:14:45 AM »
Looks like St. Francis de Sales is restoring their clock.  I noticed the hands missing on one of the faces about a week ago, and just yesterday it was looking all pink and weird.  When I got closer I realized they took all the glass out and that's foam board covering the openings.

Im sure it would be an insurance liability type of thing the prevents it, but more churches and old buildings should have yearly fund raising tours where they open up things like steeples and other hidden cool spaces up for those willing to sign a waiver. I'd pay good money to see the view out of those little gothic windows in the steeple. Union terminal had their 'High Steel' tour and it was wonderful and informative, the PNC tower or the old Times star building would probably pull in a lot of people too.

Offline joshknut

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Re: Cincinnati: Random Development News & Info
« Reply #3138 on: October 09, 2017, 06:06:24 PM »
The scaffolding around the building sitting at the SE corner of 4th and Race is coming down tonight. Anyone know what’s going on?

Offline ColDayMan

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Re: Cincinnati: Random Development News & Info
« Reply #3139 on: October 30, 2017, 03:31:21 PM »
Cincinnatian Hotel starts renovation work


Renovation work on the Cincinnatian Hotel has started as one of the oldest hotels in Greater Cincinnati is set to become Ohio’s first Curio Collection by Hilton hotel.


More below:
https://www.bizjournals.com/cincinnati/news/2017/10/30/exclusive-cincinnatian-hotel-starts-renovation.html
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Offline wjh2

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Re: Cincinnati: Random Development News & Info
« Reply #3140 on: November 01, 2017, 01:38:56 PM »
List of Cincinnati based projects that applied for Ohio historic Tax credits that are announced in December:


Project/BuildingProject AddressProject CityProject ZipTotal Project InvestmentOHPTC Tax Credit Requested
Traction Building432 Walnut StreetCincinnati45202$43,735,000$3,975,909
Duttenhofer Building299 East Sixth StreetCincinnati45202-3203$27,500,000$2,720,000
CLYFFSIDE EVENTS SPACE LLC244/246 WEST MCMICKENCINCINNATI45214$13,500,000$1,350,000
1434 Vine Street1434 Vine StreetCincinnati45202$4,908,895$490,000
Meiners Building1502 Vine StreetCincinnati45202$6,709,373$640,000
Columbia1301 Walnut StreetCincinnati45202$12,211,049$1,150,000
57 E. McMicken & 1662 Hamer57 E. McMicken Ave.Cincinnati45202-8538$1,373,500$225,000
1919 Vine St.1919 Vine StreetCincinnati45202-4923$423,663$83,000
22 W. Elder Street22 W. Elder StreetCincinnati45202$1,751,155$215,000
The Dow Corner Building5901 Hamilton AvenueCincinnati45224-3045$1,716,249$188,000
Dollhouse and National City Buildings5917 and 5932 Hamilton AvenueCincinnati45224$1,410,549$155,000
Engine Co. 22 Firehouse222 West 15th StreetCincinnati45202$1,025,000$250,000
Denton Building37 W. 7th StreetCincinnati45202$19,000,000$3,322,813
George F. Otte Carpet Company Building33 West 4th StreetCincinnati45202$9,468,339$920,381

Offline ColDayMan

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Re: Cincinnati: Random Development News & Info
« Reply #3141 on: November 01, 2017, 10:26:45 PM »
$19 million conversion of downtown Cincinnati office building to hotel aims for tax credits

A Tennessee-based hotel company that plans to convert a class B office building in downtown Cincinnati to a boutique hotel is looking to get state tax credits to help fund the expected $19 million project.

More below:
https://www.bizjournals.com/cincinnati/news/2017/11/01/19-million-conversion-of-downtown-cincinnati.html


« Last Edit: November 02, 2017, 12:43:40 PM by ColDayMan »
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Offline savadams13

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Re: Cincinnati: Random Development News & Info
« Reply #3142 on: November 02, 2017, 08:28:01 AM »
Just a heads up the image in the posting is the Duttenhofer which is being redeveloped by an Indianapolis based developer. The one mentioned in the article is the Traction building that the Tennessee developer is working on corner of Fifth and Walnut ;)

Offline ColDayMan

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Re: Cincinnati: Random Development News & Info
« Reply #3143 on: November 02, 2017, 12:43:46 PM »
Darn that article!!!
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Offline Cincy513

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Re: Cincinnati: Random Development News & Info
« Reply #3144 on: November 02, 2017, 03:27:39 PM »
List of Cincinnati based projects that applied for Ohio historic Tax credits that are announced in December:


Project/BuildingProject AddressProject CityProject ZipTotal Project InvestmentOHPTC Tax Credit Requested
Traction Building432 Walnut StreetCincinnati45202$43,735,000$3,975,909
Duttenhofer Building299 East Sixth StreetCincinnati45202-3203$27,500,000$2,720,000
CLYFFSIDE EVENTS SPACE LLC244/246 WEST MCMICKENCINCINNATI45214$13,500,000$1,350,000
1434 Vine Street1434 Vine StreetCincinnati45202$4,908,895$490,000
Meiners Building1502 Vine StreetCincinnati45202$6,709,373$640,000
Columbia1301 Walnut StreetCincinnati45202$12,211,049$1,150,000
57 E. McMicken & 1662 Hamer57 E. McMicken Ave.Cincinnati45202-8538$1,373,500$225,000
1919 Vine St.1919 Vine StreetCincinnati45202-4923$423,663$83,000
22 W. Elder Street22 W. Elder StreetCincinnati45202$1,751,155$215,000
The Dow Corner Building5901 Hamilton AvenueCincinnati45224-3045$1,716,249$188,000
Dollhouse and National City Buildings5917 and 5932 Hamilton AvenueCincinnati45224$1,410,549$155,000
Engine Co. 22 Firehouse222 West 15th StreetCincinnati45202$1,025,000$250,000
Denton Building37 W. 7th StreetCincinnati45202$19,000,000$3,322,813
George F. Otte Carpet Company Building33 West 4th StreetCincinnati45202$9,468,339$920,381

How many of these do we realistically think will get their requested credit? 

Offline IAGuy39

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Re: Cincinnati: Random Development News & Info
« Reply #3145 on: November 02, 2017, 03:53:46 PM »

^Hard to say but I assume 3CDC will get some (they usually do).


Hopefully we can get a couple of the big downtown buildings like the Traction Building, 33 W. 4th Street, Denton Building or Duttenhofer Building

Offline jwulsin

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Re: Cincinnati: Random Development News & Info
« Reply #3146 on: November 02, 2017, 03:57:40 PM »
The State uses a competitive point-based system, and one of the big factors is geographic distribution... so that hurts OTR and downtown Cincinnati since we've had so many projects funded in the past. As a ballpark, I'd expect roughly half of those applicants to get awarded the tax credits.

Offline JohnClevesSymmes

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Re: Cincinnati: Random Development News & Info
« Reply #3147 on: November 03, 2017, 08:42:16 AM »
The State uses a competitive point-based system, and one of the big factors is geographic distribution... so that hurts OTR and downtown Cincinnati since we've had so many projects funded in the past. As a ballpark, I'd expect roughly half of those applicants to get awarded the tax credits.


Not exactly how it works. The geographic distribution points affect the "Cincinnati region" overall because we do so well every round. OTR does have an advantage over CBD, because it is (for now) a lower income census tract.


Most likely, Cincinnati will get one award in the large pool ($2 million or more), two in the medium pool ($250,000 to under $2 million), and a handful in the small pool (under $250,000).

Offline jmecklenborg

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Re: Cincinnati: Random Development News & Info
« Reply #3148 on: November 03, 2017, 10:34:28 AM »
I seem to recall that the region is just one category, maybe 10% of the metric.  So if you're in a region with tons of these projects you will score a 0 in the box whereas someone in Vinton County would get a 10. 

Offline ColDayMan

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Re: Cincinnati: Random Development News & Info
« Reply #3149 on: November 22, 2017, 03:20:56 PM »
Downtown building takes cues from Blink with new lighting



Take an evening walk by the building at Fourth and Vine streets downtown that has a Starbucks on the ground floor, look up and you might think Blink is still going on. The eye-catching nightly light display on the German National Bank Building actually has a lot to do with the astounding light show on dozens of downtown buildings that captivated Cincinnati last month.

More below:
https://www.bizjournals.com/cincinnati/news/2017/11/22/downtown-building-takes-cues-from-blink-with-new.html
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