Dumb question but without moving Panino or cutting into Union Hall's entrance how else would you enter into Ghost Baby? I feel like this move definitely has to do with access/egress of the space below. 

https://www.bizjournals.com/cincinnati/news/2019/12/13/over-the-rhine-restaurant-closes.html

 

Love the 3cdc spokesperson quote, "We hate to see a tenant close."....like dude you forced them to! Wtf?!

8 minutes ago, ucgrady said:

Dumb question but without moving Panino or cutting into Union Hall's entrance how else would you enter into Ghost Baby? I feel like this move definitely has to do with access/egress of the space below. 

 

I was under the impression their was a side entrance off of republic. 

41 minutes ago, troeros said:

 

I was under the impression their was a side entrance off of republic. 

That is my understanding. The elevator is at the rear of the cellars near Republic, so that makes the most sense.

On 12/12/2019 at 10:16 AM, 1400 Sycamore said:

Painted Brick is fine. Unpainted brick requires constant sealing and tuck pointing which no one does. The paint protects the brick and lasts longer than painted wood siding

This is very wrong. A lot of paint applications are extremely harmful to brick facades. Bricks have pores that need to breathe in order to maintain the brick's integrity. When painted, these pores are sealed off and freeze-thaw cycles can cause serious damage. Furthermore, the paint is next to impossible to remove once applied, so the natural brick facade is basically lost forever. 

I always see buildings that were painted a long time ago where thin slivers have broken off of the brick.

The paint does eventually come off, but it takes 30+ years:

https://www.google.com/maps/@39.1136482,-84.5161109,3a,75y,40.37h,104.18t/data=!3m6!1e1!3m4!1s5Ia-OgHWMz9CZo0tMBxrWQ!2e0!7i16384!8i8192

3 hours ago, Largue said:

This is very wrong. A lot of paint applications are extremely harmful to brick facades. Bricks have pores that need to breathe in order to maintain the brick's integrity. When painted, these pores are sealed off and freeze-thaw cycles can cause serious damage. Furthermore, the paint is next to impossible to remove once applied, so the natural brick facade is basically lost forever. 

 

I've been instructed by brick masons with knowledge of the bricks from the 19th century that the worse thing to do is paint these for the exact same reasons.  It kills me to see every building remodel in OTR and West End topped off with a fresh coat of paint.   The building I own has been painted several times over during the 20th century and I have some areas where spalling is a big problem.

On 12/13/2019 at 11:43 AM, mcmicken said:

That is my understanding. The elevator is at the rear of the cellars near Republic, so that makes the most sense.

 

Correct. Ghost Baby entrance will be on Republic. Staircase and elevator back there.

 

Panino moving has nothing to do with Ghost Baby. That spot is probably just too big for the gross % they pay 3CDC for rent and 3CDC wants them in a smaller footprint.

If the brick was painted before, it should be painted again, but it has to be a vapor-permeable paint.  Cincinnati has a lot of very soft and porous brick, especially the orange common brick on the side and rear of many buildings, and it simply doesn't hold up without being painted.  That brick doesn't have the "shell" found on harder face brick to prevent moisture penetration.  The same goes for brick that's been sandblasted, since the hard surface has been blasted off, exposing the softer more porous interior.  Now, if brick hasn't ever been painted, then there's no reason to paint it if it's not deteriorating, but it can also be very difficult to match brick color in patches and repairs.  Damage could also be caused by improper mortar repairs rather than paint or a lack thereof.  Mortar must always be softer than the brick, but modern Portland cement mortar is harder than most older bricks, causing them to crush from freeze/thaw cycles, leaving a honeycomb of empty cells.  Old bricks need a lime mortar instead of Portland cement. 

^ Yes and the NPS recommends, among other treatments, the following for historic masonry: "Applying compatible paint coating systems following proper surface preparation." and "Repainting with colors that are historically appropriate to the building and district."

 

https://www.nps.gov/tps/standards/rehabilitation/rehab/masonry01.htm

When I decided to paint these 150 year old bricks, we gathered paint chips from years of debris in the yard, under the brick patio, since it appeared that the brick had been painted pre WWII. We screened them and made a composite formula which was vetted with some guys who used to work for me now at Sherwin Williams and who interface with the Smithsonian.

 

The Civil War brick (the row houses were built in 1863 and 1865 respectively, are so soft you can excavate them on the inside of the building with a fingernail.

 

So I don't really need advice on this.

On 12/13/2019 at 11:00 AM, troeros said:

https://www.bizjournals.com/cincinnati/news/2019/12/13/over-the-rhine-restaurant-closes.html

 

Love the 3cdc spokesperson quote, "We hate to see a tenant close."....like dude you forced them to! Wtf?!

"The LL asked us to leave" is an easy way to say "we stopped paying rent". It makes zero sense for 3CDC to 'force out' a tenant that pays rent. There is no deal worth moving a tenant out for unless the existing tenant isn't abiding by the lease. 

On 12/3/2019 at 11:02 AM, IAGuy39 said:

^Sorry, I think you all are overthinking this a bit. I don't think the government is saying "this is what we should be doing". I think the market is sorting itself out. It sorted itself out when 3CDC made all the garages, or if when they are deciding to have 95 spaces for the Logan Street Development, etc.

 

3CDC knew that the retail/restaurants/condos wouldn't be successful without the garages. They just got done building one at Ziegler Park, built a large surface lot on Liberty and Race, building another one on Vine, going to build another big one on Vine behind the old Kroger, etc.

 

So, I think you all are annoyed at the fact that we "aren't there yet" to not need any parking. I am with you all and agree with you all. But you can't fight the actual market. The actual market has said and is saying "If you don't build this structured parking, these establishments won't be successful."

 

The market is that way why? Well, we don't have dedicated buses, we don't have dedicated light rail, etc. Those are things which are frustrating for us all.

 

***I Do think the pardigm is shifting to less garages needed, etc. But it still isn't fully there yet and it probably will never be fully there, because Cincinnati is heavily reliant on personal vehicles and that stuff doesn't change quickly.

 

I don't want to argue with anyone about this, it is a thing of schematics, but we can't change what is actually happening. Developers are free to feast by building develpments with no parking, obviously this isn't just *happening*, otherwise we would see it all over the place. They need structured parking to some extent to be successful otherwise the people with the money would gladly do it without parking because they would make more cash. Instead they probably find they can't sell out the apartments with no parking or it's very high risk. It's another way to subsidize development which is obviously needed right now.

 

It's kind of like me saying this whole grain-free dog food craze is so freaking stupid and isn't correct scientifically. It isn't correct, but we can't go out as a small company and say "Do it this way you all are wrong!" because that is not what the market is doing. It would take a multi-million dollar marketing messaging to even get a dent of people to change. It's the same here, I understand the frustration and I am with you all on it.

Valid points. At the end of the day there are only so many opportunities for structured parking in the neighborhood. Developers need to take those opportunities and build parking in accordance with the guidelines of the 2002 OTR Comprehensive plan. Even if everyone who lived in OTR walked everywhere and didnt have a car, the idea of people taking a bus from Montgomery to come eat in OTR is insane. Surface lots are no good but wherever there is a site that can support a well designed parking garage, the city should do everything it can to support the project. The commercial businesses in OTR are dependent on people driving in to spend money. Sadly and ironically, the area will never become dense enough with residents to fully support a vibrant walkable neighborhood without the right parking accommodations. 

 

Now, IF in 15 years, downtown has swelled by 10-20,000 residents, then perhaps OTR can truly boom without cash flowing from the pockets of Anderson residents.. 

56 minutes ago, ZoeBarnes said:

It makes zero sense for 3CDC to 'force out' a tenant that pays rent.

 

Unless a new tenant is willing to pay more.  Or someone wants to buy the building and doesn't want said tenant.  Or the tenant is a nuisance and causing other tenants to leave.  

2 hours ago, ZoeBarnes said:

Now, IF in 15 years, downtown has swelled by 10-20,000 residents, then perhaps OTR can truly boom without cash flowing from the pockets of Anderson residents.. 

 

It isn't Anderson residents that are supporting OTR businesses. I know a lot of people in Anderson. They mostly eat on Beechmont Avenue. They come into the city once every couple of months maybe. Unless they work here. Then they mostly drive in, park in a garage, and drive out. The people supporting OTR businesses live in OTR, Downtown, Mt. Adams, Uptown, Northside, Pleasant Ridge, Norwood, Oakley, Hyde Park, Columbia-Tusculum, Covington, Newport, etc. Basically, the City. Some of these people drive there for sure. But many take Uber, Lyft, the bus, scooters, bikes, etc. And the percentage not getting there by car is only going to increase over time. I live in Northside. We eat out in OTR regularly. We Uber or take the bus. If it is nice, we'll bike. Occasionally we drive, and it is super easy to find a spot within a block or two from our destination. 

3CDC is not a normal landlord. They program their retail spaces in the same way that shopping malls do. Just like a mall wants certain types of tenants in their Nordstrom wing and certain types of tenants in their Dillards wing... 3CDC has a certain vision for the kind of tenants they want on Vine, on Walnut, on Court, etc. This is not the first time they have relocated an existing tenant to put them in a different part of the neighborhood that they believe is a better "fit".

Wonder where they will move.  I really like Panino.  

4 hours ago, jjakucyk said:

 

Unless a new tenant is willing to pay more.  Or someone wants to buy the building and doesn't want said tenant.  Or the tenant is a nuisance and causing other tenants to leave.  

 

2 hours ago, taestell said:

3CDC is not a normal landlord. They program their retail spaces in the same way that shopping malls do. Just like a mall wants certain types of tenants in their Nordstrom wing and certain types of tenants in their Dillards wing... 3CDC has a certain vision for the kind of tenants they want on Vine, on Walnut, on Court, etc. This is not the first time they have relocated an existing tenant to put them in a different part of the neighborhood that they believe is a better "fit".

 

If they were just looking for someone to pay more rent the space would have been a Starbucks long ago. 3CDC doesnt own the building, only the commercial space and they never sell those. With a tenant moving in the basement Panino is clearly not causing other tenants to leave. 

 

If 3CDC didnt have the vision that is mentioned about, this prime location would have never been leased to a unique, local 'startup' business such as Panino. Those previous relocations aimed to get small offices or quieter services that dont rely on foot traffic off of the main drags. Pushing a restaurant off of Vine isnt the same concept. 

 

This restaurant was surely a huge investment for the tenant and 3CDC so the idea that this is some kind of strategic move as opposed to just a tenant not holding up their end of the lease is very unlikely. It is rare that I see that restaurant even half filled (despite the fact that the food is damn good). There are multiple commercial spaces coming online along Vine that will need tenants. Deliberately creating a gap in the street vibrancy can't be high on 3CDC's list of things to do. 

Their is alot of speculation.

4 hours ago, ZoeBarnes said:

If they were just looking for someone to pay more rent the space would have been a Starbucks long ago.

 

Right, 3CDC's primary goal is not maximizing revenue. Their goal is creating a more unique mix of businesses that attracts visitors to the core and helps sell condos to people who want to live around those types of places. I'm sure they have been approached by national chains who want to locate in OTR and have turned them down in favor of more unique local businesses. Even smaller chains like Aladdin's that have opened in OTR are in retail spaces owned by other companies that 3CDC does not control.

 

4 hours ago, ZoeBarnes said:

This restaurant was surely a huge investment for the tenant and 3CDC so the idea that this is some kind of strategic move as opposed to just a tenant not holding up their end of the lease is very unlikely.

 

From what I understand, 3CDC does not typically charge a flat rent for their retail spaces. They usually have an arrangement where the rent is calculated based to some degree on each business's sales. This forces 3CDC to have more "skin in the game" and incentivizes them to sign leases with businesses that they think will do well and compliment other nearby businesses, having an overall additive effect. It's likely that 3CDC paid for a large portion of Panino's buildout because they felt that it would do great lunch business with Union Hall, the Brandery, and eventually all of the office space that is being built out around 15th & Vine. Perhaps Panino's sales were not as strong as expected, or perhaps most of their business ended up being to-go orders. In that case, 3CDC may feel like it makes more sense for Panino to move to a smaller space with a more carry-out focus and put another restaurant that attracts more dine-in customers in Panino's old space.

From what I have heard.... Panino was not making the rent. The word is they're moving up to Findlay Market into a Model Group space. Panino's food is killer but they had a huge bar in that space that always sat empty and it's in such a prime spot. 3CDC works on percentage rent deals with a floor base rent. Basically, 3CDC says, hey we'll put a lot more money into the buildout of your space than a typical landlord but we get 7% of your sales over an agreed upon sales threshold. The tenant pays a base rent but if they perform well and sales are over the threshold, 3CDC gets 7% of the amount over the threshold. I work in commercial real estate, happy to explain percent rent in more detail if you'd like. I've also worked on a 3CDC deal before.

Edited December 18, 20195 yr by d_burnham

7 hours ago, DEPACincy said:

 

It isn't Anderson residents that are supporting OTR businesses. I know a lot of people in Anderson. They mostly eat on Beechmont Avenue. They come into the city once every couple of months maybe. Unless they work here. Then they mostly drive in, park in a garage, and drive out. The people supporting OTR businesses live in OTR, Downtown, Mt. Adams, Uptown, Northside, Pleasant Ridge, Norwood, Oakley, Hyde Park, Columbia-Tusculum, Covington, Newport, etc. Basically, the City. Some of these people drive there for sure. But many take Uber, Lyft, the bus, scooters, bikes, etc. And the percentage not getting there by car is only going to increase over time. I live in Northside. We eat out in OTR regularly. We Uber or take the bus. If it is nice, we'll bike. Occasionally we drive, and it is super easy to find a spot within a block or two from our destination. 

I live in Madisonville and always eat downtown/OTR when I go for breakfast. Are the same places in Oakley/Hyde Park? Yes, but there’s just something about being able to go downtown and being able to  walk anywhere you want after eating. I also usually take development photos after. 

8 hours ago, DEPACincy said:

 

It isn't Anderson residents that are supporting OTR businesses. I know a lot of people in Anderson. They mostly eat on Beechmont Avenue. They come into the city once every couple of months maybe. Unless they work here. Then they mostly drive in, park in a garage, and drive out. The people supporting OTR businesses live in OTR, Downtown, Mt. Adams, Uptown, Northside, Pleasant Ridge, Norwood, Oakley, Hyde Park, Columbia-Tusculum, Covington, Newport, etc. Basically, the City. Some of these people drive there for sure. But many take Uber, Lyft, the bus, scooters, bikes, etc. And the percentage not getting there by car is only going to increase over time. I live in Northside. We eat out in OTR regularly. We Uber or take the bus. If it is nice, we'll bike. Occasionally we drive, and it is super easy to find a spot within a block or two from our destination. 

Kudos to you for biking and bussing. I wish it was more convenient And that more people did it. i agree that the neighborhoods you listed do make up the majority of business for OTR biz and I of course didn’t literally mean that OTR depends on Anderson. BUT when you look around the city and think about people from Anderson, Blue Ash, Bridgetown, Florence, Montgomery, etc spending 1 night a month in OTR, those dollars add up and make up a really crucial % of sales that potentially pushes a business from viable to profitable. For now I believe continued progress in OTR will be gently reliant on suburban interest. A couple more respectful garages will cover us for suburbanites and tourists indefinitely. 

17 hours ago, d_burnham said:

From what I have heard.... Panino was not making the rent. The word is they're moving up to Findlay Market into a Model Group space. Panino's food is killer but they had a huge bar in that space that always sat empty and it's in such a prime spot. 3CDC works on percentage rent deals with a floor base rent. Basically, 3CDC says, hey we'll put a more money into the buildout of your space than a typical landlord but we get 7% of your sales over an agreed upon sales threshold. The tenant pays a base rent but if they perform well and sales are over the threshold, 3CDC gets 7% of the amount over the threshold. I work in commercial real estate, happy to explain percent rent in more detail if you'd like. I've also worked on a 3CDC deal before.

 

Thanks for sharing, this makes sense.  I also love Panino but I now realize that was probably too big and too prime of a location for the rent they were paying.  I love their food for weekday lunch but never purchased a single alcoholic beverage, which I assume is the key to making big numbers.  They'll do better in a spot like one that Pho Lang Thang had for years.  

Edited December 18, 20195 yr by nicker66

On 12/17/2019 at 6:56 PM, ZoeBarnes said:

Kudos to you for biking and bussing. I wish it was more convenient And that more people did it. i agree that the neighborhoods you listed do make up the majority of business for OTR biz and I of course didn’t literally mean that OTR depends on Anderson. BUT when you look around the city and think about people from Anderson, Blue Ash, Bridgetown, Florence, Montgomery, etc spending 1 night a month in OTR, those dollars add up and make up a really crucial % of sales that potentially pushes a business from viable to profitable. For now I believe continued progress in OTR will be gently reliant on suburban interest. A couple more respectful garages will cover us for suburbanites and tourists indefinitely. 

 

I think that instead of building a couple more garages you can build a couple of apartment complexes on those sites and you will have more customers in a month than the total that currently come from Anderson, Blue Ash, Bridgetown, Florence, and Montgomery combined. 

 

This is anecdotal, but when I moved back to the region I found out that one of my high school best friends lived in Florence so I reached out about grabbing dinner. Here's how that conversation went:

 

Me: I'd love to grab dinner but I don't have a car yet so I need to walk there. Wanna grab a bite in OTR? 

 

Him: Ooohh yeaaaa, sorry I really hate driving in the city. What about the Buffalo Wild Wings in Florence? 

 

Me: Yea, like I said, I don't have a car yet so it would be very tough for me to get out there. Maybe we can meet somewhere in Covington? 

 

Him: Yea, like I said, not really good at driving in the city. I get too anxious. 

 

Me: Ok, well what if we did somewhere in Mainstrasse? That way, you can get right off the highway, park your car, and we can walk to our destination. No city driving necessary. 

 

Him: Ok, I guess I can do that. Let's shoot for 7pm. 

 

At 6:45 pm he texted me that there was no way he was going to be able to make the drive. It was too anxiety inducing. But hit him up after I get a car and we can grab dinner in Florence. I did not hit him up after that bull crap.

 

And I tell this story because I meet way more people from the places you listed with his attitude than not. Just last week we had a happy hour at work at Holiday Spirits. There is easy parking just across the street, in a nice parking lot. It could not be any easier to get in and out. The next day, my secretary--who lives in Bridgetown--told me how scared she was after she left because she drove one block and "there were guys at the corner staring at me. I'm glad I didn't break down or I would've died!"

 

Anyway, build more housing, not garages.

24 minutes ago, DEPACincy said:

Anyway, build more housing, not garages.

In my mind that's what the Banks is supposed to be for; the suburban types who have visited the stadiums and are comfortable with 2nd/3rd street and using the large parking garage underneath. If you can't figure out how to get to or from the Banks and find parking then the issue is with the person, not the infrastructure. 

 

OTR is objectively more confusing, harder to drive to and more 'difficult' in the ways mentioned above. It requires navigating one way streets, dealing with people who look different from yourself or are from a different social class, non-ADA building entrances, and sometimes parallel parking. That isn't for everyone, so go to the banks. If you prefer the complexity, texture, history and diversity that comes with all of that, then go to OTR. 

36 minutes ago, DEPACincy said:

Him: Ooohh yeaaaa, sorry I really hate driving in the city. What about the Buffalo Wild Wings in Florence? 

 

Any urban resident is familiar with this: people who are either "too anxious" to drive in the city or find it too "confusing". As if a simple grid of numbered streets is somehow more confusing than randomly named suburban streets winding in bizarre patterns, randomly changing names or ending in culs-de-sac.

I actually get lost more easily in the 'burbs and find them more anxiety-inducing. Not stuff like Montgomery, Evendale or even Anderson that have a grid, but the newer ones with cancer layouts. Grid systems offer a safety valve for mistakes and help you navigate intuitively. On the other hand, one-ways totally break that and need eliminated in as many situations as possible.

5 minutes ago, taestell said:

 

Any urban resident is familiar with this: people who are either "too anxious" to drive in the city or find it too "confusing". As if a simple grid of numbered streets is somehow more confusing than randomly named suburban streets winding in bizarre patterns, randomly changing names or ending in culs-de-sac.

 

Those big buildings built up to the curb might jump out at you if you aren't paying attention.

in school when we were taught about NEWS (north east west and south) some people weren't listening. When we learned about the weather and the difference between rain, snow, sleet and tornados some people weren't listening. When we learned about red green and yellow or a stop sign, merge sign, yield sign and no sign some people weren't listening. People don't listen because, well who knows. But, you end up with people who don't understand that a lane in the middle of a five lane highway (painted with left and right turn arrows in the center lane) is for people who want to turn. Instead they park themselves in the 2nd for 4th lanes with their signals going. When the odot puts up cement curbs in the middle of a 4 lane street, how many times have you seen people driving over these cement barriers because they see their destination. Or, a young woman sitting straight up with her hands and forearms touching the steering wheel (with her body close behind) following a vehicle way to close. That one always scares me. And for the last 20 years garmans have been directing traffic. They are simple machines not genies.

Moved the discussion about renaming McMicken Street to a new thread.

3CDC just sold a pair of 25x100 lots on Race St. to John Huber Homes for $485,000.  The addresses are 1409 & 1411 Race:

https://www.google.com/maps/@39.1107688,-84.5170911,3a,75y,266.54h,88.52t/data=!3m6!1e1!3m4!1szieYzOhkczvU7vmnkQVEfg!2e0!7i16384!8i8192

 

I believe that $242,500 is the new record for OTR land prices.  

That is a surprising large price.   However, with it being John Huber Homes, I am guessing that will be another couple of million dollar town homes.   Missed opportunity for some added density there with it being on the Streetcar line.

36 minutes ago, JoeHarmon said:

That is a surprising large price.   However, with it being John Huber Homes, I am guessing that will be another couple of million dollar town homes.   Missed opportunity for some added density there with it being on the Streetcar line.

 

I believe your right. There was a rendering in the HCB packet. 

On 11/20/2019 at 6:34 PM, taestell said:

The interiors of the former Mercy Housing buildings on Main Street are being cleared out. I'm not 100% sure but I believe these are being redeveloped as part of the Willkommen project. 

 

More info on this project via Building Cincinnati -- tax abatement approved by City Council on 12/18:

 

Quote

Authorized a Community Reinvestment Area LEED/Living Building Challenge tax exemption agreement with Cincinnati Center City Development Corporation (3CDC) affiliate OTR Holdings, Inc. for the $5.4 million rehabilitation of the vacant buildings at 1221-1233 Main Street in Over-the-Rhine into 22 residential apartments and approximately 8,308 square feet of commercial space. Four of the apartments will be affordable at 80 percent of the area median income, with rents ranging from $700 to $1,224 per month, while remaining units will range from $770 to $1,338 per month. Upon completion, the project will pursue LEED Silver certification. The 15-year tax exemption will reduce the developments' property tax liability by approximately $74,005 per year over the life of the agreement, and the City expects a return on investment of $5.52 per $1 in property taxes foregone.

 

New project coming to what was previously going to be the Hen Of The Woods restaurant on Main -- tax abatement approved by City Council on 12/18:

 

Quote

Authorized a Community Reinvestment Area tax exemption agreement with Liberty Modern, LLC for the $1.3 million rehabilitation of the mostly vacant historic J.B. Schmidt Garage building at 1432-1434 Main Street in Over-the-Rhine into a 7,238-square-foot bar and beer garden. The 12-year tax exemption will reduce the developments' property tax liability by approximately $9,141 per year over the life of the agreement, and the City expects a return on investment of $10.61 per $1 in property taxes foregone. Liberty Modern, LLC is owned and managed by for Urban Sites vice president Seth Maney, who currently serves as chief of staff for Councilmember Jeff Pastor.

 

Moved the discussion about parking garages in OTR to the Cincinnati parking thread.

Several buildings in northern OTR received historic preservation funds from the state:

 

Quote

 

1735 Vine Street (Cincinnati, Hamilton)
Total Project Cost: $1,069,555
Total Tax Credit: $209,000
Address: 1735 Vine Street, Cincinnati, 45202
The building at 1735 Vine Street is emblematic of the buildings that make up the historic fabric of Over the Rhine: first floor commercial space with apartments on the floors above in a brick Italianate structure. Currently completely vacant, after rehabilitation the building will be home to six residential units, one of which will be affordable. Much of the original fabric remains and will be retained including the stairway and railing, trim, doors, and plaster.

 

1606 Elm Street (Cincinnati, Hamilton)

Total Project Cost: $1,279,173

Total Tax Credit: $125,000
Address: 1606 Elm Street, Cincinnati, 45202
The rehabilitation of 1606 Elm Street is part of the larger market Square and Findlay Market project undertaken by The Model Group in Over the Rhine. The small three-story building is one of the older buildings in the area and dates to around 1865. It will be reactivated with three apartments, one on each floor. Little historic fabric remains on the interior, but historic masonry and decorative features will be retained on the exterior of the building.

 

1618 Walnut (Cincinnati, Hamilton)
Total Project Cost: $672,333
Total Tax Credit: $94,695
Address: 1618 Walnut Street, Cincinnati, 45202
The long-vacant three-story residential building is located in the northern part of Over the Rhine. This area has just begun to see reinvestment and rehabilitation activity and the development plan calls for the building’s three residential units to be reactivated. Significant structural and mechanical improvements will be made and historic fabric such as decorative exterior features and interior stairs and woodwork will be repaired.

 

100 E. McMicken (Cincinnati, Hamilton)
Total Project Cost: $1,412,711
Total Tax Credit: $198,973
Address: 100 E. McMicken, Cincinnati, 45202
Built in the 1850s, this three-story Italianate building in the northern part of Over the Rhine has housed numerous commercial tenants over the years including a druggist, bakery, and physician. Upstairs, there were several small apartments that were reconfigured over the years. After the rehabilitation is completed, there will be six one-bedroom units in the building.

 

 

New infill proposed for Hughes St

 

 

They are painting over the Davis Furniture sign today.

New sidewalks and streetscaping are being installed up to 15th Street in front of Wielert's, the former OTR Kroger parking lot, and Behlen.

26 minutes ago, taestell said:

They are painting over the Davis Furniture sign today.

 

Whats the latest status with this building? Its been going through the court system and appeals process for what seems like years now...

On 12/31/2019 at 2:19 PM, taestell said:

Several buildings in northern OTR received historic preservation funds from the state:

 

 

 

Look at those per-unit costs even after the tax credits - often pushing $200k per unit.  That's why ordinary people usually can't do these projectgs. 

Will there be a time when we start seeing hotels being built in OTR/West End? 

I am curious whether the boutique hotel that was announced for 12th Street several years ago will ever move forward. They could also incorporate one into the 15th & Vine project, but I suspect that project will end up being the typical mix of parking garage, office space, and apartments or condos. As for the West End, it's possible that they could incorporate a hotel into the mixed-use development that will eventually surround the stadium, but there has been virtually nothing announced about that yet.

The closure of the Millennium and its 600+ rooms means there is plenty of business to go around, given that the boutique hotels tend to be 100-150 rooms.  

Well, 12th and Vine is a perfect spot for one.  Just sayin'.

9 hours ago, ColDayMan said:

Well, 12th and Vine is a perfect spot for one.  Just sayin'.

That spot for sure needs to be redeveloped but whoever own it is probably making a decent amount from that lot. 

11 minutes ago, Ucgrad2015 said:

That spot for sure needs to be redeveloped but whoever own it is probably making a decent amount from that lot. 

 

Does 3cdc still not own that lot? That lot was ear marked for future developement at some point.