Nj future redevelopment forum 2014 plenary leeper

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  • 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 Childrens 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 Macys * 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. 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. 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. 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. 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. FOUNTAIN SQUARE 7. FOUNTAIN SQUARE 8. FOUNTAIN SQUARE ECONOMIC CATALYST 9. FOUNTAIN SQUARE ECONOMIC CATALYST 10. MAISONETTE BEFORE RENOVATION 11. FOUNTAIN SQUARE ECONOMIC CATALYST 12. METROPOLE APARTMENTS BEFORE RENOVATION 13. FOUNTAIN SQUARE ECONOMIC CATALYST 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. DUNNHUMBY CENTRE 16. DUNNHUMBY CENTRE 17. DUNNHUMBY CENTRE 18. OVER-THE-RHINE HOW FAR WE HAVE COME 19. OVER-THE-RHINE HOW FAR WE HAVE COME 500 VACANT BUILDINGS 1667 VACANT HOUSING UNITS 700 VACANT LOTS 20. OVER-THE-RHINE HOW FAR WE HAVE COME 21. OVER-THE-RHINE HOW FAR WE HAVE COME 22. OVER-THE-RHINE HOW FAR WE HAVE COME 23. OVER-THE-RHINE HOW FAR WE HAVE COME 20-22 W. 12th (Jordans) 1201 Vine (Glossingers)3 E. 13th (Alberts) 118 W. 15th (Walts) 1331-35 Vine (AM/PM Market) 1432 Vine (Pohlar Bar) 1412 Vine (Cricket)1401 Race (Bangs) 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. 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. OTR INVESTMENT TO DATE 27. OVER-THE-RHINE HOW FAR WE HAVE COME 28. STABILIZE D H ISTORIC BUILDINGS 1418- 22 Race Street - Westfalen 29. STABILIZE D H ISTORIC BUILDINGS 1418- 22 Race Street - Westfalen 30. STABILIZE D H ISTORIC BUILDINGS 1418- 22 Race Street - Westfalen 31. STABILIZE D H ISTORIC BUILDINGS 1418- 22 Race Street - Westfalen 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. 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. THE HUMMEL 35. NICOLAY 36. NICOLAY 37. MERCER COMMONS 38. OVER-THE-RHINE COMMERCIAL DEVELOPMENT 16 New Restaurants 39. ABIGAIL STREET 40. BAKERSFIELD 41. THE EAGLE 42. GRAETERS 43. HOLTMANS 44. KAZE 45. QUAN HAPA 46. SALAZAR 47. TASTE OF BELGIUM 48. OVER-THE-RHINE COMMERCIAL DEVELOPMENT 15 New Retailers 49. RESER BICYCLE OUTFITTERS 50. OVER-THE-RHINE COMMERCIAL DEVELOPMENT 19 New Offices 51. WASHINGTON PARK SOURCES AND USES 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. WASHINGTON PARK AFTER RENOVATION 54. WASHINGTON PARK AFTER RENOVATION 55. WASHINGTON PARK AFTER RENOVATION 56. WASHINGTON PARK EVENT PROGRAMMING 57. PLAYGROUND SCHEDULED TO BE COMPLETE OCTOBER 2011 58. BANDSTAND SCHEDULED TO BE COMPLETE OCTOBER 2011 59. WASHINGTON PARK AFTER RENOVATION 60. DEVELOPMENT PLAN 2014 61. TAFTS ALE HOUSE Insert map here DEVELOPMENT 62. CINTRIFUSE Insert map here Insert photo here DEVELOPMENT 63. CENTRAL PARKWAY YMCA Insert photo here DEVELOPMENT 64. 1201 WALNUT Insert map here Insert photo here DEVELOPMENT 65. 15TH & RACE Insert map here Insert photo here DEVELOPMENT 66. 3CDC DEVELOPMENT MEMORIAL HALL 67. 3CDC DEVELOPMENT MUSIC HALL 68. HOMELESS TO HOMES Text starts here PUTTING AN END TO HOMELESSNESS