Weedrose

I'm still pissed that they didn't accept my bid:)

^^If all the Banks does is draw people to Downtown then it will be a dissappointment, it needs to be a regional/national draw that makes a profound statement.

If the project goes well meaning if it's attractive and vibrant, then its great for all involved. Whatever draws people onto the river for excitement is a boon for the region. I know little of what's truly planned for this but if it gets people talking then that's great. As for the Banks, all of the whining is an example of hurt pride. People see new stuff going on on the Kentucky side of the river and feel embarrased that 10x the level of project isn't occurring in Downtown Cincinnati. It's largely irrational and once the Banks project begins it will gain in strength until tenants move into the project will the hurt pride heal. I have confidence in Ovation, the Levee, The Banks, Mt. Adams, the Gregory's, Bill Butler et al. However until the Banks Working Committee picks a developer and solidifies project financing, I will be in the minority.

$3 is nothing. However, when I go downtown I catch the bus.

Would be smart if this had a light rail component.

Some restauranteurs and bar owners need to fine tune their business chops.

Because I like History, Architecture, understanding societies and how they work, Beautiful Women, Money, and Real Estate.

Irritates the hell out of me that there isn't an El Pollo Loco here.

Ohio's not that bad but many cities in the state don't have the energy to be great. Wouldn't surprise me to see Ohio's 2015 population hovering around 11.1 MM.

Has anyone besides me ever wondered why the retail mix in Greater Cincinnati isn't better? It seems that the leasers in the malls tend to go after the same thing and a crapload of projects recently have had the same few anchors. Is cincinnati unattractive to certain retail/food chains? Or is this a Federated/Kroger throwing there weight around thing? I want my El Pollo Loco.

The problem isn't the boards it has always been effective decision makers.

Get used to it it's here to stay. If this were private land cranes would already be up but of course being in a flood plain and proposing a development that needs probably at least 10:1 parking doesn't help.

Argus is a good software package that would help you to make some of those choices.

Mostly, I assumed an 8% CAP for the streets like 13th and 14th around Vine, I don't consider the comp picture around the area to be as strong as say Dayton Street in the West End (pre citylink) where I actually used a 7%. I used pretty standard valuation techniques overall. Since I didn't have financial documents from the buildings I assumed 20% vacancy on the soft end to 60% vacancy. For the land, I used best use valuation. I also priced in sales around the area that I got from the auditor's site but to do a true valuation I would need Schedule Es, maintenance, rent roll information etc so I had to make some pretty progressive assumptions. I also depreciated the numbers slightly if for example Music Hall were to move. It's fairly easy to do. My friend and I are in the process of starting an LLC to do real estate development and we're definitely interested in being third wavers in the area. We were looking to acquire a multi-unit in Mt. Auburn but we were dicked around by the agent and there was more extensive damage throughout the structure than we were comfortable with. About the time we were looking for our building is when I did some comps in OTR. As for a mixture of the old and the new I would say some good examples locally would be parts of Mt. Adams further, your previous examples of the Beacon Hill area work, a good portion of the original fabric remains but there is a mixture of structures thaat have been equally preserved as well as character fitting property.

dglenn I have conducted some financial analysis on the worth of those structures in their current condition. You mentioned great examples of some truly wonderful structures and beautiful shells but the neighborhood is more than what you mentioned. Not everything in that neighborhood is valuable, a portion of those structures should be destroyed (and many should be saved). The neighborhood would work with a mixture of the old and the new, celebrate history but don't stay locked in a 19th century mindset.

dglenn those neighborhoods you mentioned are great but there not what we have in all honesty. We have a good portion of buildings in OTR that are sound enough to be saved but we also have a good portion that don't and shouldn't. Losing buildings sucks but we've already lost an entire neighborhood. I can deal with this prospect for change.

Actually, this is not bad whatsoever. The details need to be hammered out on a few things and the County and the City need to continue to meet to make this a reality. It may be frustrating but anytime you're talking about something that has billion dollar potential it takes time. Chill.

I was talking to my lender a week back and he described the process for getting a construction loan as very tedious. I'm looking to construct something in OTR or Uptown in the next few years and just wanted to get the perspective of some people on the board who have gone through the process. Some background early 20s, in the process of buying a Fourplex.

^I was limiting my "Who cares" to those two buildings in particular not the West End in general. If the buildings aren't getting use then demolishing them instead of retaining a fire/collapse/drug den/de facto homeless shelter hazard (which could be the case) is preferable in my eyes than leaving them up.

Who cares? Really, who cares? I don't care about tearing down two buildings who haven't had any use in decades. It sucks when history leaves but I'm focusing on the move forward. Is there a reason that I should care about those two buildings on York.

This is an interesting proposition that would aid in creating positive momentum on both sides of the river. The specialty grocery store idea is interesting but I'm bearish on that.

If it does happen the residents can work to make sure that the center functions responsibility or they can run away.

Went to the meeting and it could be barely be called such. Just a whole bunch of damn shouting.

Impressive housing stock and amazing growth opportunities situated snuggly between Downtown and Uptown - Mt. Auburn

William Henry could be and often is counted as from Virginia.