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Two downtown Cincinnati office buildings up for sale

Tom Demeropolis Reporter- Cincinnati Business Courier

 

 

The owners of two downtown Cincinnati office buildings are putting the properties up for sale.

 

A joint venture managed by Nashville-based Smith/Hallemann Partners and comprised of Nashville investors and a fund managed by Harbert Management Corp. is marketing 312 Plum and 312 Elm, home of the Cincinnati Enquirer, for sale. According to Real Estate Alert, the buildings are expected to sell for up to $110 million combined, or about $180 per square foot.

 

http://www.bizjournals.com/cincinnati/news/2014/08/19/two-downtown-cincinnati-office-buildings-up-for.html?page=all

  • 5 weeks later...

EXCLUSIVE: Big Cincinnati accounting firm moving downtown

Sep 17, 2014, 2:46pm EDT

Steve Watkins Staff Reporter- Cincinnati Business Courier

 

 

Cincinnati accounting firm Battelle Rippe Kingston is moving downtown after nearly 40 years perched on the hill in Mount Adams.

 

The firm’s move is a direct result of its acquisition by Chicago-based McGladrey LLP, the nation’s fifth-largest accounting firm, and the growth it expects to achieve locally. It announced that deal Tuesday.

 

http://www.bizjournals.com/cincinnati/news/2014/09/17/exclusive-big-cincinnati-accounting-firm-moving.html?ana=twt&page=all

 

Another big Cincinnati accounting firm moving into downtown office

Sep 22, 2014, 12:53pm EDT

Steve Watkins Staff Reporter- Cincinnati Business Courier

 

For the second time in two weeks, a big Cincinnati accounting firm is making the move downtown.

 

This one involves the opening of a new office. SS&G, one of Cincinnati’s 20 largest accounting firms, actually opened a second local office on Sept. 8. That’s when it added a location on the first floor of Atrium II on Fourth Street, said Brian Berning, managing director of SS&G’s downtown Cincinnati office.

 

http://www.bizjournals.com/cincinnati/news/2014/09/22/another-big-cincinnati-accounting-firm-moving-into.html

  • 2 weeks later...

EXCLUSIVE: Fast-growing Blue Ash business relocating to downtown Cincinnati

Oct 3, 2014, 2:57pm EDT

Tom Demeropolis  Reporter- Cincinnati Business Courier

 

 

Gaslight LLC, a custom software development company, is moving its offices to downtown Cincinnati from Blue Ash.

 

The fast-growing company signed a seven-year lease for 9,000 square feet of space at the Pinger Building, located at 708 Walnut St. Gaslight will fill two floors of the seven-story building, double the amount of space the company leased at 11126 Kenwood Road.

 

http://www.bizjournals.com/cincinnati/news/2014/10/03/exclusive-fast-growing-blue-ash-business.html?page=all

  • 3 weeks later...

Cincinnati hotel named best in Midwest, No. 2 in nation

Oct 21, 2014, 11:23am EDT

Erin Caproni Digital Producer- Cincinnati Business Courier

 

The 21c Museum Hotel Cincinnati has been named the best hotel in the Midwest and No. 2 in the U.S. by the 2014 Conde Nast Traveler Readers' Choice Awards.

 

The boutique hotel also ranked No. 29 in the world in the survey, which tallied more than 1 million votes from nearly 77,000 participants. The rankings are based on quality of rooms, service, food and dining, location, and overall design.

 

http://www.bizjournals.com/cincinnati/news/2014/10/21/cincinnati-hotel-named-best-in-midwest-no-2-in.html

Wells Fargo moving employees out of Kroger Building

Oct 23, 2014, 2:27pm EDT

Tom Demeropolis Reporter- Cincinnati Business Courier

 

 

Wells Fargo & Co. is moving 62 employees to the Sawyer Point Building in downtown Cincinnati from the Kroger Building at 1014 Vine St.

 

Wells Fargo signed a five-year lease for about 19,000 square feet of space at the Sawyer Point Building, located at 720 E. Pete Rose Way. The San Francisco-based company is moving its commercial banking and insurance offices to the fourth floor in mid-November.

 

http://www.bizjournals.com/cincinnati/news/2014/10/23/wells-fargo-moving-employees-out-of-kroger.html

  • 2 weeks later...

EDIT: There's a thread for the 309 Vine project at: http://www.urbanohio.com/forum2/index.php/topic,27413.0.html

 

EXCLUSIVE: Huge downtown Cincinnati office building to become mixed-use development

Oct 31, 2014, 2:24pm EDT

Tom Demeropolis

 

One of the largest office buildings in downtown Cincinnati is about to get new life as a mixed-use development.

Village Green Cos. purchased 309 Vine from 3rd & Vine Partners LLC. The company is one of the largest developers, owners and managers of luxury apartment communities in the nation. Village Green will redevelop the 300,000-square-foot, 1920s era, "Beaux Arts" building, with a planned opening in 2016. Plans for the building include luxury apartments, penthouses, a market, restaurant, offices and a new name for the building.

 

More at: http://www.bizjournals.com/cincinnati/news/2014/10/31/exclusive-huge-downtown-cincinnati-office-building.html?ana=e_du_pub&s=article_du&ed=2014-10-31&u=jwmf03J%209tCeITf%206kZ15A0e430e28&t=1414783152&page=all

All of this is great news for downtown. We continue to see older office space being converted into residential. Meanwhile, we're adding GE, Kroger is expanding, and a new Western Southern office tower will likely be built in the next decade. It's only a matter of time before the vacant lots downtown start to be built upon.

All of this is great news for downtown. We continue to see older office space being converted into residential. Meanwhile, we're adding GE, Kroger is expanding, and a new Western Southern office tower will likely be built in the next decade. It's only a matter of time before the vacant lots downtown start to be built upon.

 

Well for all of the commotion over the past 10 years, only three of DT Cincinnati's 50+ surface lots have been built on: 4th & Central, 4th & Sycamore, and 5th & Race.

 

 

All of this is great news for downtown. We continue to see older office space being converted into residential. Meanwhile, we're adding GE, Kroger is expanding, and a new Western Southern office tower will likely be built in the next decade. It's only a matter of time before the vacant lots downtown start to be built upon.

 

Well for all of the commotion over the past 10 years, only three of DT Cincinnati's 50+ surface lots have been built on: 4th & Central, 4th & Sycamore, and 5th & Race.

 

Commotion over the last ten years?  Ten years ago was 2004 Jake, between "the great civil unrest" and "the Great Recession", and near the end of "the great downtown boycott".

 

Really, we are at the beginning of the significant reinvestment in our core and I doubt the next ten years will resemble the last.

Indeed. It seems pretty clear that things are just starting to ramp up. Major new developments are being announced every few months. Private developers are starting to get the picture.

The trend back toward urban dwelling has clear momentum.

 

All of this is great news for downtown. We continue to see older office space being converted into residential. Meanwhile, we're adding GE, Kroger is expanding, and a new Western Southern office tower will likely be built in the next decade. It's only a matter of time before the vacant lots downtown start to be built upon.

 

Well for all of the commotion over the past 10 years, only three of DT Cincinnati's 50+ surface lots have been built on: 4th & Central, 4th & Sycamore, and 5th & Race.

 

Commotion over the last ten years?  Ten years ago was 2004 Jake, between "the great civil unrest" and "the Great Recession", and near the end of "the great downtown boycott".

 

Really, we are at the beginning of the significant reinvestment in our core and I doubt the next ten years will resemble the last.

 

Sorry, by "commotion" I meant the 3CDC revival of OTR + millennial cheerleading.  I did not mean all of that nonsense that went on in the early 2000s. 

 

And yet we have thousands of new residents in Downtown and in OTR, dozens and dozens of rehabbed buildings (hundreds possibly), new construction along the river, proposed highrises, a new tallest office tower in the skyline, dozens of new businesses drawing people everyday of the week Downtown where there was nothing happening even 5 or 6 years ago. The streetcar is well underway. Private developers are springing up all over the place. Home prices have gotten to the point where less and less incentives are needed to turn a profit. We're getting recognition from all over the place. Parking lots being built upon isn't the only sign of things happening. We have so many existing buildings in need of help that I'd rather see fixed up before parking lots built upon so we don't lose them and the character they bring to our city.

 

Do you ever look at the positives? Ever? You make it out as if there has just been a bunch of hype but nothing has happened.

Honestly, despite 3CDC and the city having a big vision for downtown and OTR, I don't think that most people felt the plan would work until about 2011 or so. I think we're just now starting to see the repercussions of the positive momentum that has been started.

I actually kind of agree with jmeck on this one.  I joined this forum back in 04/05, and it felt like there were some really great things happening back then that were going to turn the city around.  New stadiums for the Bengals and Reds, the Freedom Center, UC's Main Street project, Convention Center expansion, Newport on the Levee, growth of the Covington riverfront, etc.  While all (ok, most) of those projects have had a positive effect on Cincinnati, we are still waiting to turn the proverbial corner.  Certainly OTR's renaissance has been impressive, and there are a lot of projects underway that are going to make Cincinnati a better place, but I just think it's pointless to think that Cincinnati is ever going to become some sort of boom town, or that these individual developments are going to lead to some great turning point for the city. That's not how things work here.  I predict that over the next ten years, growth and development will happen slowly and steadily downtown, as it has been for the past twenty years. The politics and mindset of this region favor stability and familiarity, and real, substantial growth requires boldness and a willingness to think big and try new ideas.

 

And the exact best way to kill future potential is to think that we can't do something.

 

Boom and bust cycles aren't good for longterm growth and aren't what we should be striving for anyway.

I agree with edale in the sense that Cincinnati is not going to suddenly become a boom town again. I think that is a very rare thing these days (Denver did it with the huge expansion of airport and some of the sun belt cities did it with the housing bubble, but that wasn't very sustainable). I think we are and will continue to see an increase in the pace of redevelopment in the urban areas of Cincinnati (OTR, Walnut Hills, Uptown, Covington, etc).

jmicha[/member]  It's more of a resetting of expectations for me.  I used to be very optimistic about Cincinnati's chances of 'making it big' for lack of a better expression.  After closely following development in this city for a decade, I just don't think that is trajectory that Cincinnati will ever take.  I still like the city, and will always think it has all the potential in the world to be great, but I have just had to temper my expectations for what is possible here.  Part of this is because I moved away from this city, and lived in cities that are/have experienced real development booms, and what is happening in Cincinnati just doesn't stack up in any way.  I mean, think of this: There are currently two new construction residential projects underway right now in downtown.  The Banks phase 2, and the 7th and Broadway apartments.  Both of these projects were planned, proposed, and rendered for a decade+ before actually getting built.  The much anticipated redevelopment of 5th and Race, long thought to be the preeminent development site in Downtown, is going to be a squat 8 story (half of which is parking) building with no residential component, and an office user that is simply relocating from another downtown location.  The 4th and Race tower is in limbo.  The proposed tower over Macy's has been awfully quiet since it was floated as an idea a year or so ago.  Hell, it's taken damn near a decade to figure out how to build a freakin' Holiday Inn on 7th street. 

 

I'm not trying to be negative.  I know that development proposals come and go everywhere, and that re/development often takes a long time.  I'm just trying to say that it has become evident to me that Cincinnati will likely never reach the potential I see for it, despite the efforts of many.  With a Mayor like Cranley (and a populace who voted him into office in a landslide), a County that has an antagonistic (at best) relationship with the city, and a state that has to divide urban resources 6 ways yet still thinks itself as rural, what shot do we really have for a substantial turn around or another boom period?

There's nothing wrong with stepping back and taking a reasoned look at the broader picture.  Just look what happened to Chicago.  They were all ra-ra on the Loop and north side neighborhoods but still ended up losing population in the last census.  How many cities posted increasing population after the massive depopulation of the late 20th century only to drop again?  The reason that happened is because while the Loop and north side are certainly very important for the city, they still could not overcome the catastrophic decline of the west and south sides of the city, which make up some 80% of the land area within the city limits.  Rampant NIMBY-ism in those wealthy north side neighborhoods have actually caused their populations to decline too as new construction is fought and occupancies decrease as housing units move more and more upmarket.  New York and San Francisco have similar problems.  The desirable neighborhoods can't densify to satisfy demand, and nobody wants to live in the undesirable neighborhoods. 

 

The same thing could happen in Cincinnati.  Mt. Adams, Hyde Park, and Mt. Lookout are already pretty much frozen in amber, and OTR could very well end up being completely fixed up without significantly changing its total population.  Many of the outer neighborhoods (not to mention several inner neighborhoods) are already pretty sketchy and not particularly desirable from a redevelopment standpoint.  If they begin to go down the toilet then no matter how nice downtown, OTR, Walnut Hills, and the rest of Uptown might get, it won't be enough to overcome that.  Now I'll be the first to say that having a smaller denser strong core is more important than having strong low-density outer neighborhoods, because the core supports the outer neighborhoods financially, not vice versa.  The political manipulation that pits the neighborhoods against the core are disgusting, but it works because the population of those neighborhoods is much larger than the core of the city, in the same way that the population of the suburbs is much larger than the city itself.  So the problems in Westwood, Bond Hill, Kennedy Heights, and Madisonville can't simply be ignored or else they will come back to bite the city later on. 

I have lived in OTR for the last 5 years, in downtown before that, and there has been a sea change just in the last year, in terms of properties being redeveloped. I just don't see how it's possible to deny that, unless you don't spend time walking through OTR (and not just along vine street...).

 

It used to be that you'd know every single property being redeveloped just by reading the business courier or urbanohio. No way you can do that now. I lose track... see buildings that are in full scale renovation regularly that I had no idea about. Like, I didn't even realize the entire half block of 13th adjacent to washington park was now completely done. Jus hadn't noticed. North of liberty used to be an area that everyone was super pessimistic about. 3CDC won't go there so... let's just draw the boundary. That attitude has completely changed in the last year. There has been huge interest in the 30 or so properties being handled by 3CDC for private development.

 

Seriously, I just don't know how to say it with any more effect. This isn't a "boom" but it's the biggest surge of redevelopment I've witnessed anywhere near the urban core in the last 25 years. (I'm not counting the banks cause... I don't want to.) To have anything else than full-on enthusiasm about the coming decade would be just ... Cincinnati. Fortunately the people actually doing the work don't know that.

While things could certainly move faster, and as always "Cincinnati can be its own worst enemy" in regard to change, along with people like Cranley, I am happy with the way things are proceeding.  There have been many stumbles and lost opportunities I would like to get back, but Cincinnati has never been a City/market to dive in head first.  Contrarily, as stated in several places above, rampant growth brings its own set of problems.  Everyone uses Denver as an example and, having lived there in the mid and late 90s, it was definitely a mixed bag.  The upswing in downtown Denver is amazing, but as here, there was a massive amount of public money put into making that happen.  Denver though already had a strong influx of new residents from other parts of the country to help fill all the new development.  You also have to realize that all that development brought the usual ills...traffic in Denver sucks and got noticeably worse the five years I was there and I didn't even have to commute that far, house prices shot through the roof and are still very high, and having driven through Denver a few years ago while moving to Oregon, I was astounded at the sprawl on the front range, it was disgusting and plenty of residents really lament the sprawl (as they did in the 90s saying "we continue to use L.A. as our development model").  So, that being said, I am a big proponent of slower and steadier growth for Cincinnati (even though I wish it was a little faster and had more of Denver's "can do" spirit instead of having leadership that looks for reasons not to do things.

 

Finally, before I get off my soap box, I also agree that people have a short memory regarding the developments of the last 25 years or so.  Great things were happening "prior to 2005" or before the stadia in the mid 90s (albeit sometimes slower and less consistently).  Going back to the late 80s, there was the redevelopment of Piatt Park with the Gramercy and the Greenwich which really jump started the large scale residential projects downtown.  In the early 90s there was a mini-boom of office space with 312 Elm, 312 Walnut, Chemed Center and others.  In the mid 90s buildings on West. 4th St., the Aronoff Center and Backstage District came on which really incentivized a lot of private owners to update their buildings as well adding to the commercial and residential options.  Finally, people were at that time revitalizing buildings in OTR, it was usually just one offs and didn't garner a lot of attention. 

 

Rant ended....

By national standards Cincinnati's development is slow and steady (though OTR is gentrifying at a rapid clip even on a national scale).

 

The changes in Cincinnati have been monumental by its own perverse standards let me review a few things that have changed:

 

1) Emergence of a hip new restaurant scene (hat tip to Senate and Taste of Belgium for this) - most of the restaurants in the Gateway part of OTR are at a level that is well above the standard for Cincinnati as a whole and this is a good thing.  I never thought a place that would be as well designed as Kaze would be in Cincy, or I'd be eating food as exotic as Okonomiyaki at Quan Hapa, or gourmet tacos of the quality one would find at Big Star in Chicago down there at Bakersfield.

 

2) Breweries - Cincinnati is reclaiming a lost brewing heritage with a vengeance, its been slow to start but I really get the feeling that people down there are owning it.  The Brewery district, the stuff Christian Moerlien and Rhiengeist have done are very impressive.  Rhiengeist even has plans to add a rooftop bar, and integrate A Tavola into its lower level, how cool is that?

 

3) Younger people with more of a "can do attitude" - I honestly think there is a generational shift afoot, younger people are more questioning of the status quo and are starting to talk to each other in ways I haven't seen largely due to new forums for discussion (like this one for instance or urban cincy or facebook etc).  There are now tours in OTR, I saw a guide made by city beat trying to sell the city to outsiders, I've seen the emergence of tours of beer tunnels and more people talking about preservation as an actual issue.

 

4) Loss of some social conservatism - There now is a openly gay council member, article 12 was turned down, the idiot group for family values is no longer active like they were just 7 or 8 years ago.  I don't see another Mapplethorpe happening, in fact if you've noticed the exhibits at the 21C museum there are a ton which that particular group would have been up in arms about.  Not a peep from them and that's amazing progress.

 

5) Fights to make things better actually being won.  The streetcar is the biggest example of this, the old Cincinnati I knew would have defeated it the first time it was challenged, or at the very least it would have died when Cranley tried to kill it.  There was a massive revolt which was part of a broader cultural revolution which is taking place that killed it. (Only reason Qualls lost was that she ran a bad campaign - if she built a stronger coalition, got more people to vote, and was a little nastier Cranley would have been toast).  There are plenty of others, look at the furniture building at 12th and main.  In the old Cincy it would have been torn down by now, but just today that was denied and Stough is going to have to sell.  OTR is more unified and more active than ever and this is something that will over time spread to more of the city.

 

6) A much improved music scene.  My brother told me about the flaming lips coming to bunbury, they never used to come to Cincinnati.  Ditto with MPMF, its really grown and is starting to attract outside attention.  A few new venues have popped up to to foster this.

 

Change is hard esp when so many are resistant to it, but I'm actually very optimistic for Cincy, which is a hell of a lot more than I could have said for the city 8 years ago when frankly I felt it would stew in its own misery and kill itself.  The change has been so fast btw, that a ton of people don't understand how to handle it, some people think Cincy is right now in a SF style gentrification crisis (lol) others literally are like oh the streetcar won't get built etc etc.

All of this is great news for downtown. We continue to see older office space being converted into residential. Meanwhile, we're adding GE, Kroger is expanding, and a new Western Southern office tower will likely be built in the next decade. It's only a matter of time before the vacant lots downtown start to be built upon.

 

Well for all of the commotion over the past 10 years, only three of DT Cincinnati's 50+ surface lots have been built on: 4th & Central, 4th & Sycamore, and 5th & Race.

 

 

Going back to the origin of this debate... I don't think that jmecklenborg[/member] was making any sort of negative comment. He was just commenting that with all of the development that has occurred, we have seen surprisingly few parking lots redeveloped.

 

I think the current trend makes a lot of sense. Businesses are moving into newer, better office space. The owners of older office buildings are responding to this by converting those buildings into residential. Simultaneously, developers are buying up vacant buildings and converting them into residential. I would prefer to see this trend continue until every vacant building downtown is renovated, before we start worrying about building new towers on parking lots downtown.

Huntington relocating downtown Cincinnati office

Nov 7, 2014, 5:00am EST Updated: Nov 7, 2014, 6:20am EST

Steve Watkins Staff Reporter- Cincinnati Business Courier

 

 

Huntington National Bank will move its Cincinnati regional headquarters to 525 Vine St. downtown.

 

Greater Cincinnati's fourth-largest bank was expected to take 50,000 to 60,000 square feet in the building across Vine Street from Fountain Square. The Courier first reported the expected move last October. The bank is anticipated to locate its 155 local employees at the new office.

 

http://www.bizjournals.com/cincinnati/news/2014/11/07/breaking-huntington-relocating-downtown.html

A little bit of updated info...

 

 

Huntington to rename its new downtown Cincinnati HQ

Nov 7, 2014, 2:53pm EST

Tom Demeropolis Reporter- Cincinnati Business Courier

 

 

Huntington National Bank signed a 13-year lease for about 50,000 square feet of space at 525 Vine St.

 

The bank is relocating its regional headquarters, as well as its operations from Rookwood Tower in Norwood, to the 23-story building. The building will be renamed Huntington Center at 525 Vine, and the bank's name will be installed across the top of the tower on the south and east sides.

 

http://www.bizjournals.com/cincinnati/news/2014/11/07/huntington-to-rename-its-new-downtown-cincinnati.html

3rd Street may be renamed for Carl Lindner

 

Third Street might soon be co-named Carl H. Lindner Way.

 

Cincinnati Mayor John Cranley exclusively told The Enquirer he will propose renaming the street this week as a way to honor the deceased self-made billionaire whose giving left a lasting impression on the community.

 

"We miss him, the city missed him," Cranley said. "We are a much better city for what he did both in business by bringing jobs downtown and through his charitable giving."

 

Cont

 

 

"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

3rd Street may be renamed for Carl Lindner

 

Third Street might soon be co-named Carl H. Lindner Way.

 

Cincinnati Mayor John Cranley exclusively told The Enquirer he will propose renaming the street this week as a way to honor the deceased self-made billionaire whose giving left a lasting impression on the community.

 

"We miss him, the city missed him," Cranley said. "We are a much better city for what he did both in business by bringing jobs downtown and through his charitable giving."

 

Cont

 

 

 

 

"Behind every great fortune is a great crime".

 

-Balzac

 

Renaming 3rd for Carl Linder is all fine and great... but i wish they would keep the actual street names down by the Banks as well.. with Rosa Parks and Freedom Way switching from the traditional grid street names it is confusing.

 

It could be Third Street / Carl Linder

Agreed. I'm fine with designating a secondary honorary street name. Completely renaming two blocks of Vine was ridiculous. Thankfully Smale Riverfront Park is still calling this portion of the park the Vine Street Steps.

 

And why select 3rd St. for this honor? Entrances to AFG businesses/buildings are all on 4th St...

"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

Maybe they have their eyes on a more modest prize so they're making this outlandish proposal in order to make their true target seem more sensible.

Why DCI believes perceptions of downtown dropped last year

Chris Wetterich - Staff reporter - Cincinnati Business Courier

 

Perceptions of downtown slid this year in Downtown Cincinnati Inc.'s annual survey, with fewer people saying they have a positive view of both downtown and Over-the-Rhine.

 

The percentage of people having a negative view of downtown ticked slightly up from 6 percent to 7 percent, while the percentage of people having a positive view dropped from 81 percent to 75 percent. The percentage of people that have a neutral view also increased.

 

In Over-the-Rhine, the swings were more pronounced. The percentage of people having negative perception rose from 5 percent to 15 percent, while those having a positive impression dropped from 89 percent to 67 percent.

 

Cont

"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

^ It's not rocket science, it's because the casino had people fill out the survey for a chance to win $100 to use at the casino. The biggest group of people to do the survey were referred to it by the casino. These are people willing to drop $100 to sit in a chair and pull a lever for half an hour for the chance to win back that $100, so of course they'll take a survey for a 1 in 10000 chance. These are the same people who only come downtown to go to the casino or a Bengals game once every 3 years. Most of them probably didn't realize OTR was across the street when they said it was evil.

It's no surprise that perceptions of Downtown Cincinnati get worse as you expand the sample size. There are way too many people in the area that never go downtown and the only things they know about Downtown are the hatred and misinformation being spewed by local TV news stations and talk radio. I brought this point up to DCI President David Ginsburg when I interviewed him on The UrbanCincy Podcast, but he was hesitant to say anything bad about the local media.

What would actually be helpful is if they continue to target this same group year after year for a survey. If the needle moves on the casino/bengals crowd, that is an interesting data point.

some of these responses seem a little off:

 

What do you LOVE about Downtown?

 

“The Library is amazing, Fountain square

always has something cool going on and it's

my Hometown.... What’s not to love.“

 

White male, 25-34 age group

Overall Impression of OTR = Very Negative

Overall Impression of CBD = Neutral

Wells Fargo moving employees out of Kroger Building

Oct 23, 2014, 2:27pm EDT

Tom Demeropolis Reporter- Cincinnati Business Courier

 

 

Wells Fargo & Co. is moving 62 employees to the Sawyer Point Building in downtown Cincinnati from the Kroger Building at 1014 Vine St.

 

http://www.bizjournals.com/cincinnati/news/2014/10/23/wells-fargo-moving-employees-out-of-kroger.html

 

A Wells Fargo sign was installed on the south side of the building over the weekend.

"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

Council is discussing naming Third Street after Carl Lindner this week.  I think they should rename it if the Lindner family offers to put the caps in over Fort Washington Way.  Otherwise keep it 3rd Street. 

www.cincinnatiideas.com

Renaming streets is a giant pain in the ass. Make it commemorative at most, call it a day, leave everything else as is. Think of all the businesses and addresses that will now need to be changed. It's pretty inconvenient for people and for very little benefit. Especially since there's zero community input and it's being renamed after a guy with really questionable morals.

Lindner made a lot of his money through accounting tricks, abusing regulatory laws, and buying the ear of local politicians and even presidents Nixon and Ford.  Oh, and investing in United Fruit, one of the most notorious companies of all time, and moving them from NYC to Cincinnati where he thought their unethical activities in Central America would escape the media's notice.  When The Enquirer wrote that expose, he responded by shaking the company down for $10 million, getting the reporter run out of town, and getting The Enquirer to agree to never write any criticism of him or his companies ever again.   

Lindner made a lot of his money through accounting tricks, abusing regulatory laws, and buying the ear of local politicians and even presidents Nixon and Ford.  Oh, and investing in United Fruit, one of the most notorious companies of all time, and moving them from NYC to Cincinnati where he thought their unethical activities in Central America would escape the media's notice.  When The Enquirer wrote that expose, he responded by shaking the company down for $10 million, getting the reporter run out of town, and getting The Enquirer to agree to never write any criticism of him or his companies ever again.   

 

The post Chiquita cover-up was mind boggling. The Enquirer ran away tail between legs so quickly that everyone forgets that everything they exposed was true, albeit not that big of a surprise to anyone. That story was just a little bit too soon for the internet to pick up on it and make it blow up. If it would have been a few years later, social media would have gobbled it up and even a special prosecutor wouldn’t have been able to brush it under the rug.  Since we’re renaming all sorts of roads all over the Banks for little to no reason, someone should propose naming an alley somewhere after that reporter.

Lindner made a lot of his money through accounting tricks, abusing regulatory laws, and buying the ear of local politicians and even presidents Nixon and Ford.  Oh, and investing in United Fruit, one of the most notorious companies of all time, and moving them from NYC to Cincinnati where he thought their unethical activities in Central America would escape the media's notice.  When The Enquirer wrote that expose, he responded by shaking the company down for $10 million, getting the reporter run out of town, and getting The Enquirer to agree to never write any criticism of him or his companies ever again.   

 

The post Chiquita cover-up was mind boggling. The Enquirer ran away tail between legs so quickly that everyone forgets that everything they exposed was true, albeit not that big of a surprise to anyone. That story was just a little bit too soon for the internet to pick up on it and make it blow up. If it would have been a few years later, social media would have gobbled it up and even a special prosecutor wouldnt have been able to brush it under the rug.  Since were renaming all sorts of roads all over the Banks for little to no reason, someone should propose naming an alley somewhere after that reporter.

 

Great point about that coming about just a year or two too early for the internet to go nuts.  I know that journalism students were studying that event at OU in the early 2000s and many held a dim view of The Enquirer because of it. 

 

City Council approves co-naming of downtown Third Street

With a unanimous vote at city hall, Third Street will now also be known as Carl H. Linder Way in honor of one of city's greatest philanthropists.

 

Councilman Seelbach says businesses will not be required to change their address. The street will now be known as both Third Street and Carl H. Linder Way. You could begin seeing those new signs as early as next week.

http://www.fox19.com/story/27431896/city-council-approves-co-naming-of-downtown-third-street

 

The whole article mis-spells "Lindner" as "Linder". 13 times it's written at "Linder". 0 times it's written as "Lindner".

 

 

City Council approves co-naming of downtown Third Street

With a unanimous vote at city hall, Third Street will now also be known as Carl H. Linder Way in honor of one of city's greatest philanthropists.

 

Councilman Seelbach says businesses will not be required to change their address. The street will now be known as both Third Street and Carl H. Linder Way. You could begin seeing those new signs as early as next week.

http://www.fox19.com/story/27431896/city-council-approves-co-naming-of-downtown-third-street

 

The whole article mis-spells "Lindner" as "Linder". 13 times it's written at "Linder". 0 times it's written as "Lindner".

 

 

It looks like they have since corrected 12 of them, though there's still 1 "Linder" floating around in the image caption.

 

Also: "Mayor Mark Cranley proposed this week naming Third Street downtown Carl H. Lindner Way...."

"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

So the Enquirer HQ will be located on Carl Lindner Way now. Ouch, bet they love that.

Maybe there should be a push to have the annual Gay Pride Parade start and end on Carl H. Lindner Way.

Hardly any of the skyscrapers have 3rd Street addresses. Queen City Square (303 Broadway and 301 4th), Scripps (312 Walnut), Enquirer (312 Elm)...

"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

EXCLUSIVE: Cincinnati investor buys Carew Tower

Nov 21, 2014, 4:59pm EST

Tom Demeropolis Reporter- Cincinnati Business Courier

 

 

Carew Tower, one of Cincinnati's most iconic buildings, has a new owner.

 

Greg Power, a Cincinnati native and commercial real estate broker and investor, purchased Belvedere Corp., the local real estate company whose most significant holding is the Carew Tower complex at the corner of Fifth and Vine streets. Financial terms of the agreement were not disclosed.

 

http://www.bizjournals.com/cincinnati/news/2014/11/21/exclusive-cincinnati-investor-buys-carew-tower.html?page=all

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