Cygnus

I was at the Sawyer Point Summer Concert Series Fourth of July Celebration throughout the day, up until about 8:30 PM, and was surprised to have seen zero (uniformed) police presence.

The completed apartment tower you are referring to is The Blonde.

The article states "The property is currently vacant in the Main and Third Street Historic District." However, Dewey's Pizza home office is still listed as 300 Main Street, 1st floor Cincinnati, OH 45202.

The Smoothie King on 2nd St. has "temporarily" closed. Guess they've seen no benefit from the DORA.

Fifth Third completes massive remodel of HQ lobby Fifth Third Bank has changed the face of Fountain Square now that it has opened its dramatically revamped atrium and lobby at its headquarters on the historic central gathering place. It’s the biggest renovation in the building’s 52-year history. Fifth Third (Nasdaq: FITB), the largest locally based bank and the ninth-largest U.S.-based consumer bank, has wrapped up construction on its long-awaited Project Connect. It began planning the revamped space three years ago and started construction a little more than two years ago. Officials declined to share the project's total cost. “When I walked in and saw this, and when I saw it at night, I was just amazed at what they accomplished,” Fifth Third CEO Greg Carmichael told me, speaking of the team who designed and built the space. “It far exceeded my expectations. It just came out phenomenal. Cont.

Bang for the buck: How public company CEOs' pay compares with performance For the third time in four years, Medpace’s Dr. August Troendle heads our list of Cincinnati CEOs who delivered the best return on pay Clinical research firm Medpace Holdings CEO Dr. August Troendle came out on top again in the Business Courier’s annual pay-for-performance ranking of company leaders providing shareholders with the best bang for the buck. It’s a bittersweet honor for executives as it typically means that their pay didn’t keep pace with their company’s strong performance. Joseph Gardner of Aerpio Pharmaceuticals and Duane Hughes of electric vehicle maker Workhorse Group ranked second and third, respectively, because, like Troendle, they also received pay cuts in 2020 while their companies posted strong results. Shareholders of those companies, led by Medpace, reaped the rewards as they got top-notch company performance while paying their CEOs low and declining compensation. Cont.

2 Cincinnati breweries win craft beer marketing awards Two Cincinnati-area craft breweries are the only in Ohio to be honored in the worldwide 2021 Craft Beer Marketing Awards. In the second-ever Craft Beer Marketing Awards, an awards program honoring the best beer marketing and design in the world, Westwood-based West Side Brewing Co. and Kings Mills-based Cartridge Brewing Co. walked home with platinum "Crushies," the top award in their respective categories. The Crushie, designed by the same New York firm that makes the Emmy award and MTV Moonman statues, depicts a tattooed arm crushing a beer can. The platinum Crushie is the top award, followed by gold and then silver. Cont.

From Saturday:

Created a new thread for the Western & Southern Headquarters discussion

The smaller of the two should be completely gone by end of week.

This was FBI's second secret informant in Cincinnati bribery case, sources say WCPO I-Team sources point to this guy Few people noticed on Jan. 17, 2019 when Cincinnati City Councilman Jeff Pastor’s name appeared in the meeting minutes of the Oakley Community Council. His chief of staff sent an email, saying an Oakley developer was “very interested in the Kennedy Connector” road project. Twelve days later, another email at City Hall identified Morelia Group CEO Christopher Hildebrant as one of three people interested in buying city-owned land no longer needed for the Kennedy Connector project. Between those two emails, something else happened, according to last November’s bribery indictment against Pastor. “Pastor had a call with Cooperating Witness 2 during which Pastor stated that he ‘strongly suggested’ to city officials to sell land to Cooperating Witness 2 to further Project 2,” the indictment states. Cont

From today:

FC Cincinnati's new home in the West End has a name: TQL Stadium FC Cincinnati's new home in the West End has a name: TQL Stadium. The announcement came Wednesday from the soccer club and Total Quality Logistics that TQL, based in Clermont County, bought the naming rights to the stadium. TQL Stadium is set to open May 1, with a ribbon-cutting and some team practices there. The first home match against Inter Miami is scheduled for May 16. Cont

Major League Soccer did just ink a five-year corporate partnership with Procter & Gamble... https://www.cnbc.com/2021/04/13/major-league-soccer-lands-top-corporate-sponsorship-procter-gamble.html The company will sponsor top soccer events, including the MLS All-Star Game. The deal is worth $80 million to $100 million and will promote MLS content on P&G products such as Old Spice.

Hearing a rumor that Montgomery Inn Boathouse will not be renewing its lease with Cincinnati Parks.

Developer looks to add 100 apartments along Cincinnati riverfront By Tom Demeropolis – Senior Staff Reporter, Cincinnati Business Courier Towne Properties is working on plans to add 100 apartments just east of downtown Cincinnati. The Mount Adams-based commercial real estate company is proposing a zone change for the property at 975 Adams Xing in the East End that would allow for development of a five-story, roughly 100-unit apartment building. Chad Munitz, vice president of development for Towne Properties, said the piece of property, adjacent to the existing Captain’s Watch building, is located on a great stretch along the riverfront. “It is a great location,” Munitz told me. “It’s almost downtown. It’s walkable, bikeable and Uber-able to downtown, but you’re not in the middle of the Central Business District.” Cont

😮 I was driving by sometime in late January and saw the for sale sign posted. Forgot about it until the recent HR news.

The Greyhound bus station does have a for sale sign out in front of it...

A couple of City meetings have been planned:

Well the meeting occurred and their feedback was essentially 'we have no concern for the broader public, our residents will have stairs to Riverside Dr. on the east side of the property'. When pressed that Parsons St. is used today by many walkers, they said adding stairs between the retaining walls would require structural engineering, aka, money that will make this project less profitable. Rent estimates are ~$2 ft² and parking is an extra expense, both garage and surface spaces.

Have questions on the project for Towne? Send them to me by Sunday. I'll be apart of a Zoom call with them next week.

My understanding is that the next steps are to present to the city for zoning changes, LEED tax abatement request, and building permit.

Towne Properties is considering developing a new luxury market-rate multifamily rental apartment community on Adams Crossing just east of Captain’s Watch Condominiums. Current proposal: • 5 stories tall with 100 units • Attractive “E” shaped building • 184 Parking Spaces (122 Garage, 62 Surface) • 6 Townhomes • 1-bedroom, 2-bedroom, 2-bedroom + Den • Swimming Pool • Fitness Center • Community Room • Car Wash / Dog Wash • LEED Silver certification • Construction could start by Q3 2021 with an estimated Q4 2022 completion

Since this is subscriber content, just want to clarify that AFG is selling their Life insurance (aka Annuity) business. Great American Insurance Property & Casualty remains.

Bunbury Music Festival postponed again due to pandemic The organizers of Bunbury Music Festival announced on Monday that the event would be postponed for a second year due to the coronavirus pandemic. "It was our hope that the big picture would look very differently by this stage, but unfortunately it is with the safety and wellbeing of our fans, artists and staff in mind that we have chosen to postpone our plans for the next installment of Bunbury Music Festival," organizers PromoWest wrote in a news release shared on Bunbury's website and social media accounts. PromoWest left the door open to reschedule Bunbury for a later date this year. Organizers have held the music festival on the first or second weekend in June at Sawyer Point Park and Yeatman's Cove shortly after began in 2012.