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AGENDA
I. Welcome and Introductions: Lann Field
II. Washington Park Update: 3CDC Staff/Cincinnati Park Board
III. Over-the-Rhine Development Update, Phases I-V: 3CDC Staff
IV. Music Hall Revitalization
V. Member Updates: All
I. Welcome and Introductions: Lann Field
II. Washington Park Update: 3CDC Staff/Cincinnati Park Board
III. Over-the-Rhine Development Update, Phases I-V: 3CDC Staff
IV. Music Hall Revitalization
V. Member Updates: All
Free, family-friendly programming throughout the week:
• Opening Day Celebration Monday, March 31 – 11AM to 7PM
• Workout on the Green Tuesdays, April 1 – May 20, 6PM to 7PM
• Yappy HourWednesdays, April 2 – May 21, 6PM to 8PM
• Spring KickballWednesdays, April 2 – May 21, 6PM to 9PM
• EcoSculpt April 4 – April 25
• Spring Weekend Workout Saturdays, April 5 – May 24, 9AM to 10PM
WASHINGTON PARKSPRING EVENT PROGRAMMING
Free, family-friendly programming throughout the week:
• Opening Day Celebration Monday, March 31 – 11AM to 7PM
• Workout on the Green Tuesdays, April 1 – May 20, 6PM to 7PM
• Yappy HourWednesdays, April 2 – May 21, 6PM to 8PM
• Spring KickballWednesdays, April 2 – May 21, 6PM to 9PM
• EcoSculpt April 4 – April 25
• Spring Weekend Workout Saturdays, April 5 – May 24, 9AM to 10PM
• Earth Days Saturdays, April 5 – April 19, 12PM to 1PM
• Easter Egg Hunt Saturday, April 19 – 10AM to 12PM
• EcoSculpt Awards Ceremony Tuesday, April 22 – 5PM to 10PM
• Cult Classics Thursdays, May 1 – May 22, 6PM to 10PM
• SCPA in the Park Fridays, May 2 – May 23, 12PM to 1PM
WASHINGTON PARKOTHER EVENT HIGHLIGHTS
• Earth Days Saturdays, April 5 – April 19, 12PM to 1PM
• Easter Egg Hunt Saturday, April 19 – 10AM to 12PM
• EcoSculpt Awards Ceremony Tuesday, April 22 – 5PM to 10PM
• Cult Classics Thursdays, May 1 – May 22, 6PM to 10PM
• SCPA in the Park Fridays, May 2 – May 23, 12PM to 1PM
Ga teway I -V : 97% of the 213 condos built to date are sold
RESIDENTIAL LEASINGGATEWAY I, II, III, IV & V
RESIDENTIAL LEASINGGATEWAY I, II, III, IV & V
Ga teway I -V : 97% of the 213 condos built to date are sold
COMMERCIAL LEASINGGRAETER’S – 1401 VINE STREET
The Anchor
KazeQuán Hapa
COMMERCIAL LEASINGTHE EAGLE – 1342 VINE STREET
The Anchor
KazeQuán Hapa
COMMERCIAL LEASINGSWEET PETIT– 1426 RACE STREET
The Anchor
KazeQuán Hapa
COMMERCIAL LEASINGSALAZAR– 1401 REBUBLIC STREET
The Anchor
KazeQuán Hapa
• Coming Soon:
Taft’s Ale House, 1429 Race Street
COMMERCIAL LEASING
Future/ Land Bank
Complete/Under Construction
Mercer Commons/Gateway V
3CDC OTR DEVELOPMENT
Mercer Commons/Gateway V
• 3CDC has acquired 1201Walnut from Art Academy
• Development Plan:
5,000 SF Restaurant
4,000 SF Street-levelcommercial space
18,800 SF Office Space
1201 WALNUTFUTURE HOME OF 3CDC
• 3CDC has acquired 1201Walnut from Art Academy
• Development Plan:
5,000 SF Restaurant
4,000 SF Street-levelcommercial space
18,800 SF Office Space
1201 Walnut
3CDC DEVELOPMENT1201 WALNUT
DEVELOPMENT PLAN:
• $7 Million development cost
• 5,000 SF restaurant space
• 4,000 SF street-level retail
• 18,800 SF office space
• Expected completion date Fall 2014
DEVELOPMENT PLAN:
• $7 Million development cost
• 5,000 SF restaurant space
• 4,000 SF street-level retail
• 18,800 SF office space
• Expected completion date Fall 2014
Phase I• 3,900 SF Commercial/Office• 28 Condos• 340-space Parking Garage• CDF committed $2.56 million of
state and federal NMTC
Phase II• 67 Apartments (30 affordable)• 10,600 SF commercial space• OHFA awarded project low income
housing tax credits and alsoreceived historic tax credits fromState of Ohio
MERCER COMMONS
Phase II• 67 Apartments (30 affordable)• 10,600 SF commercial space• OHFA awarded project low income
housing tax credits and alsoreceived historic tax credits fromState of Ohio
Phase III• 59 Apartments• 3,100 SF commercial space
MERCER COMMONSPHASE I I
Project Status:
340 space parking garage openedin May
11 Mercer Historic condos werecompleted in August
• 6 units sold and occupied• 3 units under contract
5 townhomes on Mercer to becompleted in Nov. 2013
Mixed-use building on Vine to becompleted in Jan. 2014
In negotiations with potential tenantfor Vine Street commercial space
MERCER COMMONS PHASE I
Project Status:
340 space parking garage openedin May
11 Mercer Historic condos werecompleted in August
• 6 units sold and occupied• 3 units under contract
5 townhomes on Mercer to becompleted in Nov. 2013
Mixed-use building on Vine to becompleted in Jan. 2014
In negotiations with potential tenantfor Vine Street commercial space
NEW PHOTO - BRITTNEW PHOTO - BRITT
MERCER COMMONS PHASE I
Project Status:
Construction began in April 2013
The first units will be available inearly 2014, with a final completiondate of June 2014
Project includes 67 rental units(incl. 30 affordable units) and nearly11,000 SF of commercial space
MERCER COMMONS PHASE II
Project Status:
Construction began in April 2013
The first units will be available inearly 2014, with a final completiondate of June 2014
Project includes 67 rental units(incl. 30 affordable units) and nearly11,000 SF of commercial space
CINTRIFUSE INNOVATION HUB
DEVELOPMENT PLAN:
• $14.5 Million development cost
• 30,000 SF flexible office space
• 7,000 SF restaurant/commercial
• Expected completion date June 2015
DEVELOPMENT PLAN:
• $14.5 Million development cost
• 30,000 SF flexible office space
• 7,000 SF restaurant/commercial
• Expected completion date June 2015
DEVELOPMENT UPDATESPHASE V
B-SIDE NICOLAYWESTFALEN II
DEVELOPMENT UPDATESPHASE V
BAKERY LOFTS REPUBLIC STREETHUMMEL TEA COMPANY
Project Cost (M) Total SF Condos Apts Commercial SFContracts/
Sold% sold/leased
Sales/SF(actual)
Rent/SF(actual)
Bakery Lofts $2.45 10,402 9 n/a 9 100% $207
Hummel Building $1.70 7,290 5 1,880 (LOI) 5 100% $311
Nicolay $2.34 13,293 10 1,035 (Leased) 4 50% $291
Republic Street Lofts $1.99 8,230 9 n/a 2 0% n/a
DEVELOPMENT UPDATESPHASE V
Republic Street Lofts $1.99 8,230 9 n/a 2 0% n/a
B-Side Lofts $2.79 13,267 14 n/a 6 43% $1.25
$11.27 52,482 33 14 26 52% $238 $1.25
Project Cost (M) Total SF Condos Commercial SF Completion DateContracts/
Sold % sold
Westfalen Lofts II $8.60 32,798 33 4,000 December 2013 n/a* n/a*
Tea Company Townhomes $2.99 12,600 9 1,065 March 2013 n/a* n/a*
$11.59 45,398 42 5,065
DEVELOPMENT UPDATESPHASE V
*not yet listed
15TH & RACE
Rehabilitation Of Six Historic Properties Back To Mixed Use 55,000 Total SF 27 Residential Units 8,500 SF Commercial
New Construction Mixed Use Building With Incorporated Historic Building 37,000 Total SF 22 Residential Units 7,200 SF Commercial
Seven Townhomes – Six New, One Historic Rehab 15,250 SF Total (7) 2 Bed/2.5 Bath Fee-simple Residences
Parking Garage 330-spaces 4-story
15TH & RACE
Rehabilitation Of Six Historic Properties Back To Mixed Use 55,000 Total SF 27 Residential Units 8,500 SF Commercial
New Construction Mixed Use Building With Incorporated Historic Building 37,000 Total SF 22 Residential Units 7,200 SF Commercial
Seven Townhomes – Six New, One Historic Rehab 15,250 SF Total (7) 2 Bed/2.5 Bath Fee-simple Residences
Parking Garage 330-spaces 4-story
15TH & RACE
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MUSIC HALLELM STREET
CINCINNATI STREETCAR PROJECT
Visit www.Cincinnati-Oh.Gov/Streetcar to sign up for weekly project updates.
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