PROGRESS REPORT APRIL 2012

Published May 20, 2012

The Banks Project

The Banks Project Master Plan

Riverfront Parking

Baseball Parking

Executive Summary

Executive SummaryOpening Day—April 5

Executive SummaryPete Rose Way Parking Entrance

Executive SummaryOngoing Construction

Executive SummaryOngoing Construction

Summary: Construction

•Public Safety Technologies•TC-28 work progress•Conduit installation 100% complete•Emergency communication panels, transformer and phones installed•Camera wiring and mounting process begun

Bid Package #12

Part 1 Elements• Reconstruction of

Freedom Way• Second Street

pedestrian improvements• Security cameras• Removal of Race

Street south of Freedom Way

April Progress• Project currently in

design phase• Plans will be sent to

ODOT for review end of June• Documents for

Environmental Clearance prepared, coordinated with ODOT and SHPO

Bid Package #12

Part 2 Elements• Roebling Bridge

pedestrian connector• River Walk along

Mehring Way• Pedestrian bridge at

Broadway & East Pete Rose Way

April Progress• Design of River Walk from

Steamboat Monument to Main Street underway; will submit to City in early June

• Broadway pedestrian bridge preliminary design presented to Urban Design Review Board on April 18

• Complete Stage 2 Plan to be submitted ODOT by June 11

Summary: Budget

• All public parties construction work has continuously operated within budget.

• Financial close out of Phase 1, now in process, is dependent on Developer’s Phase 1 housing subsidy payment being reconciled.

• Click the link below for corrected Phase 1 March 2012 final construction budget (due to close-out), Phase 2a construction budget, and TC-28 change order report as of April 30, 2012.

• http://www.thebankspublicpartnership.com/sites/default/files/budget-apr2012.pdf

Summary: Developer

Carter-Dawson• Residential 100% leased• Commercial 84% leased

Developer’s Leasing Activity

Legend refers to the following two slides.

Developer’s Leasing Activity

Developer’s Leasing Activity

Summary: Economic Inclusion

• Actual Small Business Enterprise (SBE) participation for Construction through 03/25/12 is 36.1% (goal is 30%)• Minority Business Enterprise (MBE): 15.9%• Women Business Enterprise (WBE): 2.8%

There are no MBE or WBE goals.

BidPackage

No.

ODOT DBE Goal

Contractor Commitment

Committed DBE

Amount*

Actual DBE Participation

Actual DBE

Amount*

5 8.0% 10.8% $618,354 12.0% $746,386

7 8.0% 10.7% $544,316 11.7% $676,741

6 5.0% 5.0% $536,229 5.4% $615,285

9 4% 4.9% $351,241 5.6% $412,761

11 8% 8.2% $1,828,156 7.8% $1,846,808

*Goal achieved if Actual DBE Amount equals or exceeds the Committed DBE Amount.

Economic Inclusion

• Workforce Data

• Combined Minority/Female Workforce participation is 17.44% as of 03/25/12

• Minority Workforce (female and male) is 16.15%

• Professional Services (SBE goal is 10%)• SBE: 12.8%• MBE: 11.3%• WBE: 2.6%There are no MBE or WBE goals.

• For the one-month period ending 03/25/12, a total of 100% of workers lived within the 15-County Cincinnati-Middletown Metropolitan Statistical Area (MSA)

• Local residency analysis 1,418 workers (through 03/25/12)• Tri-State

97.7%• Cincinnati-Middletown MSA 77.2%• Hamilton County 25.7%• City of Cincinnati 9.1%

There are no local residency participation goals.

Economic Inclusion

Click here for Economic Inclusion reports:http://thebankspublicpartnership.com/sites/default/files/economic-inclusion-apr2012.pdf

Summary: Safety

• The TC-28 Contractor, ESI, reports no lost-time accidents.

• Phase 1 and Phase 2a construction closed out with no lost-time accidents in over 416,000 hours worked.

Cincinnati Parks

Cincinnati Parks

Cincinnati Parks

Cincinnati Parks

• Schmidlapp Event Lawn and Stage• Welcomed many daily visitors in April• Was central gathering space for Cincinnati Reds Opening Day

celebration

• Bike Center • Interior build-out is complete• Bikes and Segways delivered in preparation for May opening

• The Smale Riverfront Park • Dedication and grand opening will be May 18

• Smale Riverfront Park Phase 3 (south of Mehring Way) • Construction of labyrinth and Black Brigade memorial continued

CommunicationsThe Banks Project in the News

• 14 articles mentioning The Banks appeared in April.

• http://www.thebankspublicpartnership.com/sites/default/files/media-summary-apr2012.pdf

Progress: March 2012

For more information:John F. Deatrick

The Banks Project Executive(513) 946-4434

john.deatrick@hamilton-co.org

http://www.thebankspublicpartnership.com