Nj future redevelopment forum 2014 plenary leeper

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Nj future redevelopment forum 2014 plenary leeper

  1. 1. BOARD MEMBERS 3CDC operations are funded privately, primarily through contributions from local corporations and civic institutions, resulting in a total of $1.3 million. * Fortune 500 Headquartered Companies American Financial Group * American Modern Insurance Group Castellini Company Children’s Hospital Cincinnati Bell Cincinnati Enquirer Cincinnati USA Regional Chamber Cintas Convergys Corporation Deloitte Dinsmore & Shohl Duke Energy Fifth Third Bank * First Financial Bank GE Aviation Global Novations KPMG Macy’s * North American Properties Peck, Shaffer & Williams PNC Bank Procter & Gamble * Scripps Interactive The Kroger Company * Towne Properties Toyota Motor Company U.S. Bank United Way Uptown Consortium Western & Southern Financial Group *
  2. 2. CEF/CNMF Cincinnati Equity Fund Cincinnati Equity Fund II Cincinnati New Market Fund Cincinnati New Market Fund II Cincinnati New Market Fund III State New Market Tax Credit Cincinnati New Market Fund IV TOTAL CINCINNATI EQUITY FUND/CINCINNATI NEW MARKETS FUND $44.5 million $56.5 million $50.0 million $35.0 million $18.0 million $2.0 million $50.0 million $256.0 million
  3. 3. INVESTMENTS TO DATE $420 Million 3CDC investment funds ( C i n c i n n a t i E q u i t y Fu n d & C i n c i n n a t i N e w M a r k e t s Fu n d ) $193 Million private investment $98 Million City investment OVER THE PAST 8.5 YEARS $711 Million Invested in downtown and OTR
  4. 4. INVESTMENTS TO DATE OVER THE PAST 8.5 YEARS Buildings Restored: Acres of Civic Space: Apartments: Condominiums: Hotel Rooms: Shelter Beds: Commercial SF: Parking Spaces: 124 10 464 374 156 328 607,770 2,547 $711 investment has resulted in:
  5. 5. HOW WE FUNCTION OUR PRIORITIES CREATE / MANAGE GREAT CIVIC SPACES CREATE HIGH- DENSITY MIXED-USE DEVELOPMENT PRESERVE HISTORIC STRUCTURES AND IMPROVE STREETSCAPES CREATE DIVERSE, MIXED-INCOME NEIGHBORHOODS SUPPORTED BY LOCAL BUSINESSES
  6. 6. FOUNTAIN SQUARE
  7. 7. FOUNTAIN SQUARE
  8. 8. FOUNTAIN SQUARE ECONOMIC CATALYST
  9. 9. FOUNTAIN SQUARE ECONOMIC CATALYST
  10. 10. MAISONETTE BEFORE RENOVATION
  11. 11. FOUNTAIN SQUARE ECONOMIC CATALYST
  12. 12. METROPOLE APARTMENTS BEFORE RENOVATION
  13. 13. FOUNTAIN SQUARE ECONOMIC CATALYST
  14. 14. • Developer: dunnhumby & 3CDC • Project Cost: $120 million • Project Size: 305,000 SF • Project Summary:  1,093 space parking garage  29,000 SF street level commercial space  280,000 SF office space
  15. 15. DUNNHUMBY CENTRE
  16. 16. DUNNHUMBY CENTRE
  17. 17. DUNNHUMBY CENTRE
  18. 18. OVER-THE-RHINE HOW FAR WE HAVE COME
  19. 19. OVER-THE-RHINE HOW FAR WE HAVE COME 500 VACANT BUILDINGS 1667 VACANT HOUSING UNITS 700 VACANT LOTS
  20. 20. OVER-THE-RHINE HOW FAR WE HAVE COME
  21. 21. OVER-THE-RHINE HOW FAR WE HAVE COME
  22. 22. OVER-THE-RHINE HOW FAR WE HAVE COME
  23. 23. OVER-THE-RHINE HOW FAR WE HAVE COME 20-22 W. 12th (Jordan’s) 1201 Vine (Glossinger’s)3 E. 13th (Albert’s) 118 W. 15th (Walt’s) 1331-35 Vine (AM/PM Market) 1432 Vine (Pohlar Bar) 1412 Vine (Cricket)1401 Race (Bang’s)
  24. 24. OVER-THE-RHINE HOW FAR WE HAVE COME Crime Statistics within OTR Target Area Part I Crime Part II Crime Calls for Service TOTAL CRIME 2004 1,170 603 12,678 1,773 2005 1,160 587 12,495 1,747 2006 946 537 11,533 1,483 2007 675 510 9,409 1,185 2008 671 443 7,476 1,114 2009 567 351 6,409 918 2010 540 341 6,149 881 2011 583 323 6,054 906 2012 588 335 6,427 923 2013 549 311 6,826 860
  25. 25. • CEF/CNMF has invested over $32.8 million in private funding to land bank properties in the Washington Park section of OTR • 3CDC owns: 200 buildings 169 vacant parcels • Over $700,000 in annual carrying costs OTR ACTION STEP: LAND BANKING
  26. 26. OTR INVESTMENT TO DATE
  27. 27. OVER-THE-RHINE HOW FAR WE HAVE COME
  28. 28. STABILIZE D H ISTORIC BUILDINGS 1418- 22 Race Street - Westfalen
  29. 29. STABILIZE D H ISTORIC BUILDINGS 1418- 22 Race Street - Westfalen
  30. 30. STABILIZE D H ISTORIC BUILDINGS 1418- 22 Race Street - Westfalen
  31. 31. STABILIZE D H ISTORIC BUILDINGS 1418- 22 Race Street - Westfalen
  32. 32. Apartments: 161 OVER-THE-RHINE RESIDENTIAL DEVELOPMENT 24 E. 14th Street Gateway Arts Building OTR Consortium B-Side Apartments The Belmain Parvis Apartments Mercer Commons Phase II
  33. 33. OVER-THE-RHINE RESIDENTIAL DEVELOPMENT Condominiums: 300 The Hummel Tea Company Townhomes Goodfellows Hall Nicolay Mercer Townhomes Mercer Historic Falling Wall Park Haus Lackman Lofts One Mercer Centennial Row Duveneck Mottainai Bremen Lofts Bakery Lofts Gateway I Condos Republic Street Lofts City Home Trideca Duncanson Trinity @ 14th & Vine Trinity Flats Westfalen Lofts Westfalen II
  34. 34. THE HUMMEL
  35. 35. NICOLAY
  36. 36. NICOLAY
  37. 37. MERCER COMMONS
  38. 38. OVER-THE-RHINE COMMERCIAL DEVELOPMENT 16 New Restaurants
  39. 39. ABIGAIL STREET
  40. 40. BAKERSFIELD
  41. 41. THE EAGLE
  42. 42. GRAETER’S
  43. 43. HOLTMAN’S
  44. 44. KAZE
  45. 45. QUAN HAPA
  46. 46. SALAZAR
  47. 47. TASTE OF BELGIUM
  48. 48. OVER-THE-RHINE COMMERCIAL DEVELOPMENT 15 New Retailers
  49. 49. RESER BICYCLE OUTFITTERS
  50. 50. OVER-THE-RHINE COMMERCIAL DEVELOPMENT 19 New Offices
  51. 51. WASHINGTON PARK SOURCES AND USES
  52. 52. WASHINGTON PARK AND GARAGE • Renovate six acres of existing park land • Build two-level underground 450 space garage • Construct additional two acres of park above garage
  53. 53. WASHINGTON PARK AFTER RENOVATION
  54. 54. WASHINGTON PARK AFTER RENOVATION
  55. 55. WASHINGTON PARK AFTER RENOVATION
  56. 56. WASHINGTON PARK EVENT PROGRAMMING
  57. 57. PLAYGROUND SCHEDULED TO BE COMPLETE OCTOBER 2011
  58. 58. BANDSTAND SCHEDULED TO BE COMPLETE OCTOBER 2011
  59. 59. WASHINGTON PARK AFTER RENOVATION
  60. 60. DEVELOPMENT PLAN 2014
  61. 61. TAFT’S ALE HOUSE Insert map here DEVELOPMENT
  62. 62. CINTRIFUSE Insert map here Insert photo here DEVELOPMENT
  63. 63. CENTRAL PARKWAY YMCA Insert photo here DEVELOPMENT
  64. 64. 1201 WALNUT Insert map here Insert photo here DEVELOPMENT
  65. 65. 15TH & RACE Insert map here Insert photo here DEVELOPMENT
  66. 66. 3CDC DEVELOPMENT MEMORIAL HALL
  67. 67. 3CDC DEVELOPMENT MUSIC HALL
  68. 68. HOMELESS TO HOMES Text starts here PUTTING AN END TO HOMELESSNESS

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