wjh2

Great to see they are investing around the Central/Walnut development. Court Street has the potential to be a really cool area once the gaps are filled in.

I believe that is related to this: http://city-egov.cincinnati-oh.gov/Webtop/ws/council/public/child/Blob/48822.pdf?rpp=-10&m=1&w=doc_no%3D%27201701398%27 So there will be an infill building.

I saw that as well and could not find anything on FG OTR I. They sold for $1.75MM which seems like a lot of money for mostly vacant land.

As Mercy is the larger system and just built a new HQ i am hoping the merged HQ is here.

West Fourth Group recently purchased 223 W 4th ( https://goo.gl/maps/to3pqKD95tT2 ). The address listed for West Fourth Group is 4675 CORNELL RD SUITE 100 CINCINNATI OH 45241 which is the same address as trustaff. It is kind of an odd shape with small floor plates for an office building and trustaff recently signed a 10 year lease at their current office ( https://www.bizjournals.com/cincinnati/news/2015/07/23/exclusive-fast-growing-staffing-company-moving.html )... so I am curious as to what their plan is.

Drove down Vine recently and saw a large 3CDC sign on this building https://goo.gl/maps/Fy6YBbTFq462 i believe it said coming soon Office Space and referenced '####' amount of square feet. Not sure how long the sign has been there but I do not recall seeing it a few weeks ago. I am kind of surprised this building would be renovated into office space as the floor plates are relatively small...I wonder if there has been strong interest at the 15/Vine office building and they are trying to meet that demand.

Agreed. I am hoping that the 15/Vine and Streitman Building (12/Central) get filled quickly...and not from poaching office users downtown but adding from outside the core/region.

It is certainly disappointing to see the these stores leaving Downtown, but with how fast retail is changing it is unrealistic to expect them to stay in their current form. If City's like Seattle, SF, and Minneapolis are losing or getting downsized versions then the writing is on the wall for smaller markets. And while optically it looks bad these are moving/closing from the Fountain Square area it opens up a chance to transform two prominent corners into higher density uses...time will tell.

Don't forget about USPS. USPS is in the 525 vine building technically. However how long do you think it will be before Saks says F off and closes its doors. I imagine that is soon and inevitable. And may not even be a bad thing. If those two corners can be replaced by taller residential buildings with smaller more manageable retail component that would add a lot to the center of downtown. (Granted here we are still waiting for 4/Race).

Yes I get the same impression. The tenants leaving along with the proposed residential component on top that has gone silent points to a new concept being developed for the site. While I hate seeing businesses leave the core, this corner should be put to a higher/better use than a 3 floor property.

It would be great if that other large lot on court/walnut could get a residential building but without a massive parking garage and lease spaces from Central/Walnut garage. As well as all of the upper floors of the smaller buildings on court.

Platform Beer Company (based in Cleveland) is opening a small operation at 12/Main. https://www.wcpo.com/news/insider/platform-beer-co-opening-new-over-the-rhine-craft-brewery Main Street seems to be really filling out. Platform, Aladin's, Pin Mechanical, The Pony, The Royal, Rosedale...and I am sure I am missing a few. I wonder how much Ziegler and the garage recently opening has to do with this. (Not to mention everything Model Group is doing in Pendleton).

Veritiv is different than Vantiv. Veritiv (a distribution company) did move to Atlanta in past year or two (but kept some operations in Loveland). But Vantiv (payment processor that was spun out of 5/3) just merged to become WorldPay and has its North American HQ in Mason (I believe) and international HQ in London.

I get the impression that when people go OTR for an evening out they are treating the neighborhood as the destination and not the specific bar/restaurant/event they are going to and generally can understand there is not going to be a parking lot directly in front of where they are going. Having the same zoning restrictions in OTR (and all NBDs in general) is really choking something that should be capitalized on.

I read that as well and it is frustrating how many projects get delayed to the point where the financing falls apart or downsized with the reason always being "well there is not enough parking". A small restaurant cannot afford to lease spaces from a private lot owner or somehow magically create spaces that do not exist in a neighborhood that was designed when cars did not exist. I understand there needs to be a balance but are we just going to have buildings sit empty until they fall down because there is not enough parking? The streetcar was supposed to enable patrons to park elsewhere and take transit or walk to the destination thus lessening the zoning restrictions in place.

It’s also important to consider that it is not just up to Macy’s in regards to what is sold in each store. That brands have criteria for which store they will stock their merchandise in. Even Kenwood doesn’t have near the selection a store in a market like Atlanta or Chicago. The downtown Cincinnati store was small and wasn’t a premier store so they were hamstrung from that perspective.

Yeah that is a LOT of land to just have as vast amounts of green space in a neighborhood that has seen lots of neglect. If they could at least develop some of the corner lots that would go a long way. Also - i wish this was turning each of the streets that run along it to two-ways as opposed to what are treated as mini-highways.

Not to mention the long rumored residential tower to be built directly above the store.

I was surprised how quickly this venue closed as well as it seemed like it was much more competently managed than Toby's, but overcoming the fixed cost of a 16,000 square foot lease would not be easy in a seasonal entertainment area. Hopefully this gets turned into two or three smaller spaces like what was done with Wine Guy.

I wouldn't put a ton of stock into the latest HCB packets as those have been between Thanksgiving thru the Holidays in which the business world in general slows down significantly, hopefully after the new year we see more proposals in those. Also there have been some big projects either open recently or are close such as the new Empower HQ, 15th/Vine Office building, Strietman Biscuit office conversion which all have considerable square feet associated with them. Not to mention in the late summer/fall Ziegler Park reopened which will help things along Main. A big divider right now along Vine is the current OTR Kroger which will be getting redeveloped in the next ~18 months once Central Parkway Kroger opens. And, as mentioned above more is happening around Findlay Market than ever before (all the Model Group projects as well as the Film Center apartment rehab)... it all unfortunately takes longer than we would like.

As much as I wish it weren't the case, Banks are extremely apprehensive about financing condos anywhere outside of tier 1 markets.

It's easy to be negative but... Liberty / Elm looks dead. 4th / Race is having trouble with financing. The Banks does not even have a developer at this point so it'll be a long while before anything moves there. SkyHouse is a big question mark. Cincinnati awarded very little in OHTC this past round which pushes everything in that pipeline back or kills it. Not to mention that the Department of Economic Development for the City has had lots of turnover at the top in past year or so. That being said...3rd / Vine (City Club Apartments) and 8th & Sycamore are getting close to occupancy (will add ~400 units) and Central & Walnut is actively under construction.

Disappointing only a few of the small projects got credits. I was hoping the Traction Building would get awarded at least.

On the northern side of Oakley there are 28th - 34th street then it randomly stops again and switches back to names. I am curious what grid they were a part of...maybe pre-I-71 the numbers continued into Norwood.

Great news...glad they are staying local. I imagine FC Cincinnati had an eye on this land as a part of their stadium development as well..