3CDC was formed in 2003 by Cincinnati's corporate leaders and the City to address deterioration and disinvestment in the urban core. It focuses its work in the Central Business District and Over-the-Rhine. 3CDC manages over $250 million in investment funds to support development activities. It functions in various roles including master developer, developer, asset manager, and event producer. Upcoming investments include $241 million for projects such as Mercer Commons and OTR Phase V.
The City of Maricopa is pleased to present Mayor Anthony Smith’s third State of the City Address. In 2010, the Mayor discussed the City’s efforts to advance its Strategic Plan. This year’s address will present the many exciting projects and activities taking place that are a result of the strategic plan execution and are poised to make 2011 a breakout year in the city’s development.
Real Estate Finance 201: The Realities (Stephen Blank) - ULI Fall Meeting 102611Virtual ULI
There is no consensus on the future of Fannie Mae and Freddie Mac. Policymakers face difficult choices in balancing support for the mortgage market with taxpayer risk.
Simona went on a school trip from Italy to Slovenia, where she stayed with a host family and attended school with her partner. She was impressed by the large gym at the school and enjoyed taking part in cultural activities with her new international friends. Some highlights of the trip included visiting the old town, monastery, and wine cellar in Slovenske Konjce, seeing the impressive Postojna Caves and unique human fish, and touring landmarks in Ljubljana and Venice before returning home.
A Case for Additional Tools (Patrick Costigan) - ULI fall meeting - 102711Virtual ULI
Preston Prince, CEO of the Fresno Housing Authority, is requesting additional tools to address the challenges facing the community. He discusses repositioning the existing housing portfolio, acquiring new properties, building workforce and special needs housing, and partnering with other organizations. As an example, he outlines the redevelopment of the former Funston Place and Funston Terrace sites into Parc Grove Commons, a 215-unit affordable housing complex with community amenities that replaced deteriorating military barracks. The $37 million project took several years to complete and now has a long waiting list.
California is known as the Golden State, with Los Angeles as its capital and over 37 million residents. Some notable landmarks include the Golden Gate Bridge and attractions in places like Two California Plaza. California borders Oregon, Nevada and Arizona and has Mount Whitney as its highest point at over 14,000 feet. Natural resources include petroleum, natural gas and sand and gravel, while major products are fruit, nuts, citrus, tomatoes and rice.
The document discusses the long historical and cultural ties between Turks and Hungarians. It notes that they have been neighbors for centuries and influenced each other. There are many linguistic, cultural, and historical commonalities between the two groups, including shared vocabulary in their languages, common cultural practices and meals, and a mingled history under the Ottoman Empire. The relationship demonstrates close connections between the Turkish and Hungarian peoples over hundreds of years.
This document discusses three sports topics: football, basketball, and a European championship won by a Greek basketball team. Panathinaikos, a Greek basketball team, has won five European championships.
3CDC is a nonprofit focused on revitalizing Cincinnati's downtown and Over-the-Rhine neighborhoods through real estate development and investment funds. It has invested $249.7 million to date, drawing in $163 million in private funds, with an additional $205.6 million planned in the next year. Over-the-Rhine faced challenges such as vacant buildings, lots, and housing units, but 3CDC's land banking and closing of problem properties has helped secure the area and reduce crime by 49% in their targeted areas.
The City of Maricopa is pleased to present Mayor Anthony Smith’s third State of the City Address. In 2010, the Mayor discussed the City’s efforts to advance its Strategic Plan. This year’s address will present the many exciting projects and activities taking place that are a result of the strategic plan execution and are poised to make 2011 a breakout year in the city’s development.
Real Estate Finance 201: The Realities (Stephen Blank) - ULI Fall Meeting 102611Virtual ULI
There is no consensus on the future of Fannie Mae and Freddie Mac. Policymakers face difficult choices in balancing support for the mortgage market with taxpayer risk.
Simona went on a school trip from Italy to Slovenia, where she stayed with a host family and attended school with her partner. She was impressed by the large gym at the school and enjoyed taking part in cultural activities with her new international friends. Some highlights of the trip included visiting the old town, monastery, and wine cellar in Slovenske Konjce, seeing the impressive Postojna Caves and unique human fish, and touring landmarks in Ljubljana and Venice before returning home.
A Case for Additional Tools (Patrick Costigan) - ULI fall meeting - 102711Virtual ULI
Preston Prince, CEO of the Fresno Housing Authority, is requesting additional tools to address the challenges facing the community. He discusses repositioning the existing housing portfolio, acquiring new properties, building workforce and special needs housing, and partnering with other organizations. As an example, he outlines the redevelopment of the former Funston Place and Funston Terrace sites into Parc Grove Commons, a 215-unit affordable housing complex with community amenities that replaced deteriorating military barracks. The $37 million project took several years to complete and now has a long waiting list.
California is known as the Golden State, with Los Angeles as its capital and over 37 million residents. Some notable landmarks include the Golden Gate Bridge and attractions in places like Two California Plaza. California borders Oregon, Nevada and Arizona and has Mount Whitney as its highest point at over 14,000 feet. Natural resources include petroleum, natural gas and sand and gravel, while major products are fruit, nuts, citrus, tomatoes and rice.
The document discusses the long historical and cultural ties between Turks and Hungarians. It notes that they have been neighbors for centuries and influenced each other. There are many linguistic, cultural, and historical commonalities between the two groups, including shared vocabulary in their languages, common cultural practices and meals, and a mingled history under the Ottoman Empire. The relationship demonstrates close connections between the Turkish and Hungarian peoples over hundreds of years.
This document discusses three sports topics: football, basketball, and a European championship won by a Greek basketball team. Panathinaikos, a Greek basketball team, has won five European championships.
3CDC is a nonprofit focused on revitalizing Cincinnati's downtown and Over-the-Rhine neighborhoods through real estate development and investment funds. It has invested $249.7 million to date, drawing in $163 million in private funds, with an additional $205.6 million planned in the next year. Over-the-Rhine faced challenges such as vacant buildings, lots, and housing units, but 3CDC's land banking and closing of problem properties has helped secure the area and reduce crime by 49% in their targeted areas.
The document provides an overview of downtown Kansas City, noting that it is a major employment center with over 49,000 jobs, has a thriving arts and culture scene with over $973 million invested, and offers diverse housing and retail options with over 17,600 residents living downtown.
The Neighborhood Profiles were first published in 2001 focusing on 13 different neighborhoods. The 2014 version offers detailed demographic information, resources and maps for 50 neighborhoods and corridors supplementing traditional market data. The annual report provides a microscopic look at a variety of neighborhood and corridors and is intended to guide investors, brokers, developers and tenants on site location decision.
The document provides information from a community assessment of Tremonton, Utah conducted by a Sustainable Design Assessment Team (SDAT). Key points include:
- Residents said they love the community's quality of life, strong sense of community, and agricultural identity. Downtown was identified as part of the community's identity but in need of revitalization.
- The market analysis found growth opportunities in downtown revitalization and attracting people to shop locally. Catalytic projects could further stimulate demand.
- Recommendations included developing a downtown organization, focusing on branding, placemaking, and funding partnerships to support economic development initiatives. Improving connectivity between areas and designing for pedestrian experiences were also recommended.
This document provides an overview of First Financial Bankshares for 3rd quarter 2012. It discusses the company's financial highlights including total assets growing to $4.3 billion, total deposits growing to $3.4 billion, and total loans growing to $2 billion. It also summarizes the company's expansion into new markets through both acquisitions and de novo branches, and provides an overview of its loan portfolio, asset quality, and management team.
Cleveland Health Tech Corridor- Cuyahoga County Microcredit Gap AnalysisCleEconomicDevelopment
The document analyzes the supply and demand for microcredit in Cuyahoga County, Ohio. It finds that while the number of microbusinesses slightly increased from 2007-2009, small business lending dramatically declined. There is an estimated $38 million lending gap not being met by banks. Six priority zip codes in Cleveland were identified that have below average lending rates and account for over $25 million of the gap. Stakeholders affirmed in surveys and interviews that there is significant unmet demand for small business loans. Existing microloan programs are perceived as ineffective. Key factors for an effective program include strong screening, technical assistance, and proven leadership.
Cleveland Health Tech Corridor- Cuyahoga County Microcredit Gap AnalysisCLEHealthTechCorridor
Friedman Associates and Urban Oasis teamed up to provide Cleveland with a study on the availability of microfinance for small businesses in Cuyahoga County. This report identified a capital access gap of around $750,000 per year. As a result of this study, institutions in Cleveland teamed up to bring the Economic and Community Development Institute (ECDI), a not for profit organization specializing in microfinance, to the City.
The State of Downtown Cleveland 2015_digital.compressed (1) (1)Joe Marinucci
Downtown Cleveland has seen $6 billion in investment from 2008-2015, fueling new developments and job growth. Major projects completed in 2015-2016 included new residential and mixed-use buildings. Planned projects from 2017-2018 include infrastructure improvements and additional hotels, housing, and entertainment venues. Downtown Cleveland's population and office occupancy rates have increased significantly in recent years, demonstrating the area's economic momentum.
The State of Downtown Cleveland 2015_digital.compressed (1) (1)Callie M. Cripps
Downtown Cleveland's residential population has increased 79% since 2000, fueling $6 billion in investment. In 2015 alone, 52 businesses relocated or recommitted to Downtown Cleveland, creating and retaining over 5,000 jobs. Major development projects underway or planned through 2018 include the Flats East Bank Phase II, Hilton Cleveland Downtown hotel, Weston Citymark building, and renovations to Public Square. These projects represent over $3.5 billion in investment and the addition of 1,500 hotel rooms, 3,315 residential units, and 350,000 square feet of new office space.
The document provides unaudited financial information for the 1st quarter of 2012 and contains forward-looking statements. It discusses First Financial Bankshares, Inc., a $4.2 billion financial holding company based in Abilene, Texas with 11 separately chartered banks and over 50 locations. The company has received several recognitions and its unique business model centers around its community bank charters which focus on local markets and customers.
Citibank has undergone several mergers and acquisitions over the years, growing from its origins as First National City Bank of New York to become the largest bank in the United States. It has acquired banks and financial institutions in Mexico, California, and Texas to expand its operations. More recently, it purchased the consumer banking assets of Washington Mutual and added thousands of ATMs across the US. Citibank now operates as a division of the multinational banking conglomerate Citigroup.
The document provides an overview of First Financial Bankshares Inc. for the second quarter of 2012. It notes that the numbers are unaudited and contains forward-looking statements. It then provides details on the company's financial performance, expansion efforts, target markets in Texas, and recent growth through de novo branch openings. The company operates as a $4.3 billion financial holding company with 11 separately chartered banks and over 50 locations across Texas.
2011 09-22-0-pssh show-andtell-dougsuzibilltifpeterSuzi Wong Swint
This document summarizes a Puget Sound Starts Here outreach campaign in Seattle. Key aspects included distributing over 30,000 coasters with the PSSH message to local bars and restaurants, producing 105 t-shirts, and hosting a kick-off event with 350 attendees. Advertising occurred through various online media. The campaign was funded through a grant and partnerships with local businesses. It helped spread awareness of stormwater pollution prevention messaging to over 10,000 unique views online and through spin-off campaigns in other counties.
This document provides an overview of First Financial Bankshares for the 3rd quarter of 2011. It begins with forward-looking statements and disclosures. It then summarizes the company's size, history operating as a financial holding company with 11 separately chartered banks. It provides highlights of the company's growth, including recent acquisitions. It outlines the company's target markets in central and west Texas which have experienced significant population growth. It concludes with an overview of the company's senior management team.
Ocampo & Associates is an architectural firm with over 33 years of experience in Florida and throughout the US. They are a multi-disciplinary company specializing in architecture, urban planning, and interiors. Some of their notable projects include the Weston Town Center mixed-use development, various municipal projects for cities like Weston and Riviera Beach, and residential, commercial, and healthcare buildings. They have experience across various project types and sectors.
The document provides an overview of First Financial Bankshares for the first quarter of 2011, including financial highlights and performance metrics. It discusses the company's expansion into new markets in Texas through both acquisitions and de novo branches. The presentation also provides details on First Financial's asset quality, loan portfolio, and municipal bond investments.
This document provides an overview of First Financial Bank for the 4th quarter of 2012. It begins with forward-looking statements and disclosures. It then provides information about the company's size, history, growth markets in Texas, acquisitions, and recent expansion through de novo branches. Key details include that First Financial is a $4.5 billion financial holding company with 122 years of history and 11 separate regions across central and north Texas. Recent expansion has focused on high growth areas along major interstates.
The document provides information on 3CDC's board members and investors, which include major local companies and institutions that have contributed over $1.3 million to fund 3CDC's operations. It also summarizes 3CDC's investments and accomplishments in downtown Cincinnati and Over-the-Rhine over the past 8.5 years, totaling over $711 million and resulting in the restoration of 124 buildings, creation of civic spaces and thousands of residential units.
How Cincinnati Addresses Urban RevitalizationThe Port
The Redevelopment Authority presented our urban revitalization work at the Council of Development Finance Agencies Urban Finance Forum in Cleveland on June 7, 2018.
This document provides an unaudited financial summary for First Financial Bank for the 4th quarter of 2011. It includes a forward looking statement noting the numbers are estimates and actual results may differ. The summary discusses the bank's markets, acquisitions, management team, financial performance including growth in assets, deposits, and loans, and sound credit quality with low nonperforming assets.
Will balthrope, Multifamily Development TodayVirtual ULI
The document lists the names of 4 individuals and 3 companies. It appears to be making some kind of reference to people and organizations but without more context it is difficult to determine the significance or relationship between the entries.
Spencer stuart, Multifamily Development TodayVirtual ULI
The document summarizes two commercial real estate deals - one that was unsuccessful in obtaining financing ("The Bad") and one that was successful ("The Good"). The Bad deal involved acquiring and redeveloping a declining shopping mall with low occupancy. Lenders were unwilling to provide financing due to the high risks involved. The Good deal involved refinancing construction debt on an office property in San Francisco with strong sponsorship and 100% occupancy. Lenders viewed it favorably due to the low leverage being requested and quality of the asset and sponsorship.
The document provides an overview of downtown Kansas City, noting that it is a major employment center with over 49,000 jobs, has a thriving arts and culture scene with over $973 million invested, and offers diverse housing and retail options with over 17,600 residents living downtown.
The Neighborhood Profiles were first published in 2001 focusing on 13 different neighborhoods. The 2014 version offers detailed demographic information, resources and maps for 50 neighborhoods and corridors supplementing traditional market data. The annual report provides a microscopic look at a variety of neighborhood and corridors and is intended to guide investors, brokers, developers and tenants on site location decision.
The document provides information from a community assessment of Tremonton, Utah conducted by a Sustainable Design Assessment Team (SDAT). Key points include:
- Residents said they love the community's quality of life, strong sense of community, and agricultural identity. Downtown was identified as part of the community's identity but in need of revitalization.
- The market analysis found growth opportunities in downtown revitalization and attracting people to shop locally. Catalytic projects could further stimulate demand.
- Recommendations included developing a downtown organization, focusing on branding, placemaking, and funding partnerships to support economic development initiatives. Improving connectivity between areas and designing for pedestrian experiences were also recommended.
This document provides an overview of First Financial Bankshares for 3rd quarter 2012. It discusses the company's financial highlights including total assets growing to $4.3 billion, total deposits growing to $3.4 billion, and total loans growing to $2 billion. It also summarizes the company's expansion into new markets through both acquisitions and de novo branches, and provides an overview of its loan portfolio, asset quality, and management team.
Cleveland Health Tech Corridor- Cuyahoga County Microcredit Gap AnalysisCleEconomicDevelopment
The document analyzes the supply and demand for microcredit in Cuyahoga County, Ohio. It finds that while the number of microbusinesses slightly increased from 2007-2009, small business lending dramatically declined. There is an estimated $38 million lending gap not being met by banks. Six priority zip codes in Cleveland were identified that have below average lending rates and account for over $25 million of the gap. Stakeholders affirmed in surveys and interviews that there is significant unmet demand for small business loans. Existing microloan programs are perceived as ineffective. Key factors for an effective program include strong screening, technical assistance, and proven leadership.
Cleveland Health Tech Corridor- Cuyahoga County Microcredit Gap AnalysisCLEHealthTechCorridor
Friedman Associates and Urban Oasis teamed up to provide Cleveland with a study on the availability of microfinance for small businesses in Cuyahoga County. This report identified a capital access gap of around $750,000 per year. As a result of this study, institutions in Cleveland teamed up to bring the Economic and Community Development Institute (ECDI), a not for profit organization specializing in microfinance, to the City.
The State of Downtown Cleveland 2015_digital.compressed (1) (1)Joe Marinucci
Downtown Cleveland has seen $6 billion in investment from 2008-2015, fueling new developments and job growth. Major projects completed in 2015-2016 included new residential and mixed-use buildings. Planned projects from 2017-2018 include infrastructure improvements and additional hotels, housing, and entertainment venues. Downtown Cleveland's population and office occupancy rates have increased significantly in recent years, demonstrating the area's economic momentum.
The State of Downtown Cleveland 2015_digital.compressed (1) (1)Callie M. Cripps
Downtown Cleveland's residential population has increased 79% since 2000, fueling $6 billion in investment. In 2015 alone, 52 businesses relocated or recommitted to Downtown Cleveland, creating and retaining over 5,000 jobs. Major development projects underway or planned through 2018 include the Flats East Bank Phase II, Hilton Cleveland Downtown hotel, Weston Citymark building, and renovations to Public Square. These projects represent over $3.5 billion in investment and the addition of 1,500 hotel rooms, 3,315 residential units, and 350,000 square feet of new office space.
The document provides unaudited financial information for the 1st quarter of 2012 and contains forward-looking statements. It discusses First Financial Bankshares, Inc., a $4.2 billion financial holding company based in Abilene, Texas with 11 separately chartered banks and over 50 locations. The company has received several recognitions and its unique business model centers around its community bank charters which focus on local markets and customers.
Citibank has undergone several mergers and acquisitions over the years, growing from its origins as First National City Bank of New York to become the largest bank in the United States. It has acquired banks and financial institutions in Mexico, California, and Texas to expand its operations. More recently, it purchased the consumer banking assets of Washington Mutual and added thousands of ATMs across the US. Citibank now operates as a division of the multinational banking conglomerate Citigroup.
The document provides an overview of First Financial Bankshares Inc. for the second quarter of 2012. It notes that the numbers are unaudited and contains forward-looking statements. It then provides details on the company's financial performance, expansion efforts, target markets in Texas, and recent growth through de novo branch openings. The company operates as a $4.3 billion financial holding company with 11 separately chartered banks and over 50 locations across Texas.
2011 09-22-0-pssh show-andtell-dougsuzibilltifpeterSuzi Wong Swint
This document summarizes a Puget Sound Starts Here outreach campaign in Seattle. Key aspects included distributing over 30,000 coasters with the PSSH message to local bars and restaurants, producing 105 t-shirts, and hosting a kick-off event with 350 attendees. Advertising occurred through various online media. The campaign was funded through a grant and partnerships with local businesses. It helped spread awareness of stormwater pollution prevention messaging to over 10,000 unique views online and through spin-off campaigns in other counties.
This document provides an overview of First Financial Bankshares for the 3rd quarter of 2011. It begins with forward-looking statements and disclosures. It then summarizes the company's size, history operating as a financial holding company with 11 separately chartered banks. It provides highlights of the company's growth, including recent acquisitions. It outlines the company's target markets in central and west Texas which have experienced significant population growth. It concludes with an overview of the company's senior management team.
Ocampo & Associates is an architectural firm with over 33 years of experience in Florida and throughout the US. They are a multi-disciplinary company specializing in architecture, urban planning, and interiors. Some of their notable projects include the Weston Town Center mixed-use development, various municipal projects for cities like Weston and Riviera Beach, and residential, commercial, and healthcare buildings. They have experience across various project types and sectors.
The document provides an overview of First Financial Bankshares for the first quarter of 2011, including financial highlights and performance metrics. It discusses the company's expansion into new markets in Texas through both acquisitions and de novo branches. The presentation also provides details on First Financial's asset quality, loan portfolio, and municipal bond investments.
This document provides an overview of First Financial Bank for the 4th quarter of 2012. It begins with forward-looking statements and disclosures. It then provides information about the company's size, history, growth markets in Texas, acquisitions, and recent expansion through de novo branches. Key details include that First Financial is a $4.5 billion financial holding company with 122 years of history and 11 separate regions across central and north Texas. Recent expansion has focused on high growth areas along major interstates.
The document provides information on 3CDC's board members and investors, which include major local companies and institutions that have contributed over $1.3 million to fund 3CDC's operations. It also summarizes 3CDC's investments and accomplishments in downtown Cincinnati and Over-the-Rhine over the past 8.5 years, totaling over $711 million and resulting in the restoration of 124 buildings, creation of civic spaces and thousands of residential units.
How Cincinnati Addresses Urban RevitalizationThe Port
The Redevelopment Authority presented our urban revitalization work at the Council of Development Finance Agencies Urban Finance Forum in Cleveland on June 7, 2018.
This document provides an unaudited financial summary for First Financial Bank for the 4th quarter of 2011. It includes a forward looking statement noting the numbers are estimates and actual results may differ. The summary discusses the bank's markets, acquisitions, management team, financial performance including growth in assets, deposits, and loans, and sound credit quality with low nonperforming assets.
Will balthrope, Multifamily Development TodayVirtual ULI
The document lists the names of 4 individuals and 3 companies. It appears to be making some kind of reference to people and organizations but without more context it is difficult to determine the significance or relationship between the entries.
Spencer stuart, Multifamily Development TodayVirtual ULI
The document summarizes two commercial real estate deals - one that was unsuccessful in obtaining financing ("The Bad") and one that was successful ("The Good"). The Bad deal involved acquiring and redeveloping a declining shopping mall with low occupancy. Lenders were unwilling to provide financing due to the high risks involved. The Good deal involved refinancing construction debt on an office property in San Francisco with strong sponsorship and 100% occupancy. Lenders viewed it favorably due to the low leverage being requested and quality of the asset and sponsorship.
Peter porraro, Multifamily Development TodayVirtual ULI
The document summarizes the development of a 150-unit transit-oriented development apartment complex called West 130 in West Hempstead, Long Island. It discusses the market analysis that supported the need for rental housing, the selection of a site near the train station that was formerly a crime-ridden hotel, and the rezoning process. It outlines the product design of 4-story buildings with a mix of unit sizes, amenities, and underground parking. Financing details include total project costs of $44 million and a capital structure with 65% debt and 35% equity. Construction timelines and photos show the progress from site work through building completion.
Timothy mc entee, Multifamily Development TodayVirtual ULI
This document provides an overview of the Alta Aspen Grove apartment development in Littleton, Colorado. Key points include:
1) The 280-unit development has a mix of 1, 2, and 3 bedroom units and is achieving absorption of 21 units per month at $1.45-$1.50 gross rents.
2) Development costs were approximately $165,000 per unit due to low land costs of $27,000 per unit and catching the construction market during a trough.
3) The development received HUD financing at a current rate of 5.71% with mortgage insurance, providing an assumable, non-recourse loan.
Marc goldstein, Building Capital Stacks in Today's MarketVirtual ULI
The document discusses different capital stack structures for real estate investments, including some that worked and some that didn't. A Denver high-rise apartment development used a 65% construction loan with an option to add mezzanine financing up to 85% of the capital stack, which increased returns but also risk. A single tenant retail portfolio acquired using a DST structure with 50% long-term CMBS debt at 5% fixed worked well, providing a levered 6% return to investors. Factors like loan-to-value ratios, interest rates, equity multiples, and internal rates of return are compared for different deals.
Jeffrey bijur, Building Capital Stacks in Today's MarketVirtual ULI
The document discusses different capital stack structures for real estate investments. It describes a Denver high-rise apartment development that used a 65% construction loan and option to add mezzanine financing up to 85% LTV, which increased returns but also risk. It also describes a successful single tenant retail portfolio acquired using a DST structure with 50% long-term CMBS financing, which provided stable cash flows and returns. The document cautions that while increased leverage can boost returns, it also increases risk, so capital stack design is important to balance risk and return.
Perry reader, What Is the Recipe for Community Development-Let's Stir the PotVirtual ULI
This document summarizes Perry J. Reader's experience developing master planned communities and discusses trends in senior housing and re-use/downsizing of developments. It provides details on several successful developments Celebration, Baldwin Park, and Viera that combined uses and attracted residents. It also outlines Reader's current projects in North Carolina, Florida, and consulting work. Finally, it discusses trends towards more integrated senior housing options and re-developing failed projects on a smaller scale.
Jack cecil, What Is the Recipe for Community Development-Let's Stir the PotVirtual ULI
This document outlines key areas for building community in Western North Carolina: health, education, economic development, arts and culture, and environmental quality of life. It identifies Asheville's strengths in each of these areas, including healthcare, education, economic development, arts and crafts culture, and environmental quality of life, as pillars for sustainable community development in the region.
Don whyte, What Is the Recipe for Community Development-Let's Stir the PotVirtual ULI
This 3 sentence document discusses how once a person's mind is exposed to a new idea, it is permanently changed. The quote suggests that once someone learns or considers a new concept, their thinking does not return to how it was before. Their perspective is altered by the new information or way of looking at things in a way that cannot be undone.
The document discusses key trends driving changes in workplace design, including:
1) Increasing productivity and office densification as companies seek to reduce unused real estate.
2) Mobility and technology enabling remote work and less need for dedicated workstations.
3) Generational diversity as different age groups have varying needs and expectations of the workplace.
4) Globalization challenging companies to accommodate diverse cultures across regions.
5) Growing focus on health, wellness and sustainability as social responsibilities.
This document discusses trends in alternative workplace strategies and flexible work arrangements. Key points include:
1) Many companies are allowing more employees to work remotely using technologies like VPN and not requiring workers to be in the office.
2) A 2010 study found that within 5 years, over 40% of employees at many organizations could be utilizing flexible workplace arrangements.
3) The author's clients are reducing their office footprints significantly and consolidating locations to cut real estate costs by $60-100 million annually.
4) Successful flexible strategies require changes to both workplace policies and work styles, and a "Place Strategy" to organize how work gets done across space and time.
Tom caputo, Repositioning and Restructuring RetailVirtual ULI
The document discusses four retail properties - Sheridan Plaza in Hollywood, FL, Boca Village Square in Boca Raton, FL, Pine Ridge Square in Coral Springs, FL, and Broadway Plaza in Bronx, NY - that have undergone repositioning and restructuring work, including before and after photos of renovations at Sheridan Plaza, Boca Village Square, and Pine Ridge Square.
Robert grossman, Repositioning and Restructuring RetailVirtual ULI
This document discusses how the rise of online retail is putting pressure on traditional brick-and-mortar stores. It notes that online sales are growing much faster than traditional retail sales. This shift is translating to excess physical store space for many retailers. The document advocates that retailers re-evaluate their real estate strategy by recognizing surplus square footage, evolving physical stores to enhance the customer experience, and planning for potentially smaller or fewer stores going forward to account for the ongoing migration of sales online.
Michael carroll, Repositioning and Restructuring RetailVirtual ULI
This document summarizes several shopping center redevelopment projects. It describes projects to expand or renovate existing grocery stores, add new anchors like Walmart, and redevelop spaces like a former movie theater to attract tenants. The goal is to update centers, fill vacancies, and capitalize on strong trade areas through repositioning and adding traffic-generating anchors.
The Urban Land Institute is a nonprofit research and education institute with 30,000 members globally from industries related to real estate development and land use. Its mission is to provide leadership in the responsible use of land and in creating thriving communities worldwide. It connects people through its membership directory and global meetings, and builds better communities through initiatives focused on infrastructure, planning, and developing public leaders.
Michael smith, Urban Environments Built on Innovative ThinkingVirtual ULI
Urban environments are increasingly being built with innovative thinking in mind. Designers and planners are focusing on sustainability, connectivity, and livability when developing new urban spaces. Creative solutions around transportation, energy usage, public services, and community engagement can help cities thrive while minimizing environmental impact.
Urban Environments Built on Innovative ThinkingVirtual ULI
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help boost feelings of calmness, happiness and focus.
Ron kimble, Urban Environments Built on Innovative ThinkingVirtual ULI
The document discusses Charlotte, North Carolina's Levine Center for the Arts which includes several arts organizations like the John S. and James L. Knight Theater, The Bechtler Museum of Modern Art, The Mint Museum Uptown, and The Harvey B. Gantt Center for African-American Arts+Culture. It also mentions the Duke Energy Center. The major partners involved in developing the arts center are listed, including the City of Charlotte, Mecklenburg County, and Duke Energy. Critical agreement terms for the project such as the purchase price, property tax guarantees, and construction period financing are also outlined.
The document discusses transportation challenges and plans for the Charlotte region through 2035. It outlines plans to expand the rapid transit system along 5 corridors to provide more mobility options. While some projects like the LYNX Blue Line have been successful, funding shortfalls remain an issue. The region must continue long-term planning to envision the 2050 system and address challenges like incorporating rapid transit across county lines.
The document summarizes development along the South Corridor light rail line in Atlanta. It finds that development has been strongest in the South End near downtown, with over $300 million in new tax value and nearly 2,000 new housing units. Development has been limited in the mid-corridor and southern stations due to lower walkability, housing values, and distance from downtown. Other factors like station visibility, feasibility of redevelopment, and existing character also influence development success at different stations.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
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3. OUR MISSION
• 3CDC was formed in 2003 by
Cincinnati’s corporate leaders, in
partnership with the City, to address
the deterioration and disinvestment in
the urban core. Our work is specifically
focused in the Central Business District
and Over-The-Rhine (OTR).
• 3CDC manages over $250 million in
investment funds, which play an
important role in downtown
development activities by providing
financial capital.
4. BOARD MEMBERS
American Financial Group *
American Modern Insurance Group
Castellini Company
Cincinnati Bell
3CDC’s operations are Cincinnati Enquirer
Cincinnati USA Regional Chamber
funded privately, primarily Cintas
through contributions from Convergys Corporation
local corporations and civic Deloitte
Dinsmore & Shohl
institutions, resulting in a
Duke Energy
total of $1.3 million. Fifth Third Bank *
First Financial Bank
General Electric
Global Novations
Humana
3CDC’s consolidated Jack Rouse Associates
operating assets are $15 KPMG
million in annual revenue. Macy’s *
North American Properties
Peck, Shaffer & Williams
PNC Bank
Procter & Gamble *
* Fortune 500 Headquartered Scripps Interactive
Companies The Kroger Company *
Towne Properties
Toyota Motor
U.S. Bank
United Way
Uptown Consortium
Western & Southern Financial Group *
5. CEF/CNMF
Cincinnati Equity Fund
Cincinnati New Markets Fund
Cincinnati Equity Fund $44.5 million
Cincinnati Equity Fund II $50.2 million
Cincinnati New Market Fund $50.0 million
Cincinnati New Market Fund II $35.0 million
Cincinnati New Market Fund III $18.0 million
State New Market Tax Credit $2.0 million
Cincinnati New Market Fund IV $50.0 million
TOTAL $249.7 million
6. CAPITAL BUDGET
CEF CEF II CNMF CNMF II
Castellini Foundation Castellini Foundation Castellini Foundation Castellini Foundation
Cincinnati Bell Cincinnati Bell Cincinnati Bell Cincinnati Bell
Cincinnati Development Group Duke Energy Cintas Corporation Duke Energy
Cintas Corporation Fifth Third Bank Convergys Corporation Fifth Third Bank
Duke Energy First Financial Bank Duke Energy GE
JP Morgan Chase GE Fifth Third Bank Kroger
Key Bank Macy’s GE P&G
PNC Bank PNC Bank Macy’s PNC Bank
P&G P&G P&G
Taft Broadcasting U.S. Bank The E.W. Scripps Company
US Bank Kroger
Western Southern US Bank
Western Southern
$44.5 million $50.2 million $50 million $35 million
8. I N V E S T M E N T S TO D AT E
Over the past 7 years:
$269 Million 3CDC/CEF/CNMF investment
$68 Million private investment
$47 Million City investment
$384 Million
Invested in downtown and OTR
9. UPCOMING INVESTMENTS
Over the next 12 months:
Mercer Commons - $60 Million
OTR Phase V - $25 Million
Homeless to Homes - $34 Million
dunnhumbyUSA / Fifth & Race - $122 Million
$241 Million
in additional investments
10. HOW WE FUNCTION
FLEXIBILITY TO FUNCTION IN A VARIETY OF ROLES
• Master Developer • Asset Management
OTR Mixed-Use Dev. Fountain Square
21c Museum Hotel Washington Park
• Developer • Event Production
5 th& R a c e / d u n n h u m b y U S A U.S. Bank Ice Rink
Parvis Lofts (Res./Retail) Macy’s Light Up the Square
Saengerhalle (Office/Retail) PNC Summer Music Series
Fountain Square
Washington Park
11. HOW WE FUNCTION
OUR PRIORITIES
CREATE CREATE HIGH- PRESERVE CREATE DIVERSE,
GREAT CIVIC DENSITY HISTORIC MIXED-INCOME
SPACES MIXED-USE STRUCTURES NEIGHBORHOODS
DEVELOPMENT AND IMPROVE SUPPORTED BY
STREETSCAPES LOCAL BUSINESSES
13. FOUNTAIN SQUARE
After years of serving the community well, Fountain
Square and the garage have outlived their 1970 design
life.
Design philosophy at the time was to create a refuge from
the city. Many cities’ public spaces have moved through
similar lifecycles.
In today’s marketplace, signature public gathering places are
open, bright, inviting to the masses and safe. They are
activated by retail, entertainment, restaurants and
programming creating dynamic energy that spreads from the
city’s “heart” to the entire area.
52. FOUNTAIN SQUARE GARAGE
NET OPERATING INCOME
2007-2011
Fountain Square NOI 2007‐2011
2500000
2000000
1500000
1000000
500000
0
1 2 3 4 5
Year 2007 2008 2009 2010 2011
NOI $830,373 $1,442,144 $1,819,315 $2,143,907 $2,113,016
53. ASSET MANAGEMENT
Uniformed Ambassadors answer visitors’ questions and help keep
Fountain Square safe and clean. Ambassadors are present on Fountain
Square 24 hours a day, 7 days a week.
67. BOCA / 4EG
• The Maisonette was the longest-operating consecutive 5-star restaurant
in the country. It occupied this Sixth Street building for 39 years. It’s
closing saddened the community, and its vacancy was a reminder of the
once-happening street.
• The building that housed the Maisonette and LaNormandie, will soon be
home to 3 new restaurant/entertainment concepts:
• Boca Restaurant Group (BRG) will move its highly successful
“BOCA” restaurant from Oakley to Downtown
• BRG will open a second “trattoria” concept on the lower level
• Four Entertainment Group (4EG), a successful operator of 7 local
entertainment venues and restaurants, will open “IGBY’s” in the
LaNormandie space next door
• Construction started early October and is scheduled to be completed in
October 2012
70. dunnhumbyUSA
Fifth & Race
PROJECT DETAILS:
• 3CDC would own and operate:
o 630 space below grade parking facility
o 400 space above grade parking facility
• 3CDC will own:
o 40,000 SF of street level retail/commercial space
• dunnhumbyUSA, through a sale and/or lease of air rights, would own:
o 300,000 SF office building and air rights above
• Qualified residential developer/manager, through a sale and/or lease of air
rights, would own and operate:
o 100-130 units of residential rental housing
76. OTR ACTION STEP:
LAND BANKING
• CEF/CNMF has invested
over $29.7 million in
private funding to land
bank properties in the
Washington Park
section of OTR
• 3CDC owns or controls:
200 buildings
169 vacant parcels
• Over $700,000 in
annual carrying costs
80. OT R A C T I O N S T E P :
CLOSING PROBLEM PROPERTIES
118 W. 15th 1432 Vine (Pohlar Bar) 1401 Race (Bang’s) 1412 Vine (Cricket)
(Walt’s)
1331-35 Vine (AM/PM Market) 20-22 W. 12th (Jordan’s) 3 E. 13th (Albert’s) 1201 Vine (Glossinger’s)
99. S TA B I L I Z E D H I S T O R I C B U I L D I N G S
1 4 1 8 - 2 2 Ra c e S t r e e t - We s t f a l e n
100. S TA B I L I Z E D H I S T O R I C B U I L D I N G S
1 4 1 8 - 2 2 Ra c e S t r e e t - We s t f a l e n
101. S TA B I L I Z E D H I S T O R I C B U I L D I N G S
1 4 1 8 - 2 2 Ra c e S t r e e t - We s t f a l e n
102. S TA B I L I Z E D H I S T O R I C B U I L D I N G S
1 4 1 8 - 2 2 Ra c e S t r e e t - We s t f a l e n
103. S TA B I L I Z E D H I S T O R I C B U I L D I N G S
1 4 1 8 - 2 2 Ra c e S t r e e t - We s t f a l e n
104. S TA B I L I Z E D H I S T O R I C B U I L D I N G S
1 4 1 8 - 2 2 Ra c e S t r e e t - We s t f a l e n
105. S TA B I L I Z E D H I S T O R I C B U I L D I N G S
1 4 1 8 - 2 2 Ra c e S t r e e t - We s t f a l e n
106. S TA B I L I Z E D H I S T O R I C B U I L D I N G S
1 4 1 8 - 2 2 Ra c e S t r e e t - We s t f a l e n
107. S TA B I L I Z E D H I S T O R I C B U I L D I N G S
1 4 1 8 - 2 2 Ra c e S t r e e t - We s t f a l e n
108. S TA B I L I Z E D H I S T O R I C B U I L D I N G S
1 4 1 8 - 2 2 Ra c e S t r e e t - We s t f a l e n
109. RESIDENTIAL SALES
G a t e w a y I , I I , I I I & I V : 178 of the 186 condos (96%) are sold
110. RESIDENTIAL SALES
G a t e w a y I , I I , I I I & I V : 178 of the 186 condos (96%) are sold
111. RESIDENTIAL LEASING
G a t e w a y I , I I , I I I & I V : 68 of the 68 apartments (100%) are leased
112. RESIDENTIAL SALES SUMMARY
Average sale prices continue to increase significantly through
each phase of Gateway Development.
Gateway II sale price per SF: $150
Gateway III sale price per SF: $174
Gateway IV sale price per SF: $198
Rental Averages:
Belmain: $1.17 per SF (1-month lease-up)
Parvis: $1.05 per SF (2.5-month lease-up)
116. COMMERCIAL LEASING
AVERAGE RESTAURANT SALES/SF
Downtown / CBD
Annual Sales Per SF Annual Rent Per SF
Average by SF 509 31
Over-the-Rhine
Annual Sales Per SF Annual Rent Per SF
Average by SF 691 42
119. VINE STREET
STREETSCAPE
• $4,000,000 project includes
new street lighting, curbs,
sidewalks, landscaping,
signage, trees and burying
overhead utilities from
Central Pkwy to 15th Street
121. MERCER COMMONS
Phase I
• 3,900 SF Commercial/Office
• 28 Condos
• 340-space Parking Garage
• CDF committed $2.56 million
of state and federal NMTC
Phase II
• 67 Apartments (30
affordable)
• 10,600 SF commercial space
• OHFA awarded project low
income housing tax credits
and also received historic tax
credits from State of Ohio
Phase III
• 59 Apartments
• 3,100 SF commercial space
168. A N T I C I PAT E D S C H E D U L E
Site Preparation Began September 2010
General Contractor Selection September 2010
Construction Began November 2010
Garage Construction Complete April 2012
Complete Park Construction June 2012
169. HOMELESS TO HOMES
Putting an End to Homelessness
Homeless to Homes:
• A comprehensive plan for the City of Cincinnati and
Hamilton County, OH to ensure single homeless individuals
have access to appropriate shelter facilities and
comprehensive services which facilitate their movement
from shelter to permanent housing.
Continuum of Care:
• A single, coordinated and inclusive organization charged
with coordinating the planning and management of the
local (Hamilton County and City of Cincinnati) programs and
related funding aimed at ending homelessness.
170. HOMELESS TO HOMES
Putting an End to Homelessness
City of Cincinnati Hamilton County
Continuum of Care
3CDC
Women Men’s
Men Only Young Adult Substance Abuse
Only Faith‐Based
Shelter Shelter Treatment Center
Shelter Shelter
171. HOMELESS TO HOMES
Putting an End to Homelessness
YWCA Women’s Shelter
• 60 beds: 19,850 square feet
• Site location: 2452 Kinsey Avenue
City Gospel Mission Shelter
• 118 beds (42 for Exodus Program): 40,530 square feet
• Site location: 1805 Dalton Street & 1102 York Street
Drop Inn Center
• 150 beds: conceptual program for 53,000 square foot facility
• Programming in development / Site selection in process
Lighthouse
• 30 beds for youth (18‐24): 12,000 square feet
• Site location: 2522 Highland Ave / Complete
Talbert House / Mt. Airy Center
• 65 beds for men, currently located at 2660 Diehl Rd. in Mt. Airy
• Programming in development