historic preservation by 3cdc

8/6/2019 Historic Preservation by 3CDC

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500VACANT

BUILDINGS

700VACANT

LOTS

1667

VACANT HOUSING UNITS

OVER-THE-RHINE CHALLENGES


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OTR ACTION STEP:LAND BANKING

CEF/CNMF hasinvested over $27million in privatefunding to land bankproperties in theWashington Parksection of OTR

3CDC owns or

controls: 200 buildings 169 vacant parcels

Over $700,000 inannual carrying costs


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OTR ACTION STEP:CLOSING PROBLEM PROPERT IES

20-22 W. 12th (Jordans) 1201 Vine (Glossingers)3 E. 13th (Alberts)

118 W. 15th (Walts)

1331-35 Vine (AM/PM Market)

1432 Vine (Pohlar Bar) 1412 Vine (Cricket)1401 Race (Bangs)


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Before:

After:

OTR ACTION STEP:ACQUIRED AND SECURED VACANTPROPERT IES


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Before:

After:

OTR ACTION STEP:ACQUIRED AND SECURED VACANTPROPERT IES


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OTR: CHALLENGES

Crime Statistics within 3CDCs Targeted Area


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COMPLETEDDEVELOPMENTS:


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RESIDENTIAL SALES

Gateway I , I I , I I I & IV: 144 of the 186 condos (77%) are sold


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RESIDENTIAL SALES

Ga te w ay I V, We s tf a le n Lo f ts : Completed in late March, 9 units


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RESIDENTIAL SALES

Gateway IV, C i t y Home Phase 1B: Ribbon Cutting July 19, 4 units


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RESIDENTIAL LEASING

Ga teway I , I I & I I I : 68 of the 68 apartments (100%) are leased


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RESIDENTIAL LEASING

12 apartments designated for Art Academy of Cincinnati students

Continuously occupied

32 apartments located in Parvis Lofts, 1400 block of Vine

Opened in December 2010 and leased within three months

16 apartments converted from condos located in Belmain, 1202 Main St

Opened in June 2011 and leased within one month

8 apartments located at 24 East 14th Street

Opened in December 2010 and leased within one month


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COMMERCIAL LEASING

64% of space leased (58,189 SF of 91,038 SF). Currently negotiatingmultiple leases.


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Cincy Haus Opened April 30

COMMERCIAL LEASING


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A Tavola Bar + Trattoria Opened May 31

COMMERCIAL LEASING


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Saengerhalle Office Building, home of3CDC

COMMERCIAL LEASING


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Parvis, 1400 Block of Vine

COMMERCIAL LEASING


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VINE STREETSTREETSCAPE

$2,600,000 project includesnew street lighting, curbs,

sidewalks, landscaping,signage, trees and buryingoverhead utilities fromCentral Pkwy to 14th Street


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Mercer Commons

Color Building

15th & Republic

Parvis II

Bakery Lofts

13th & Republic

Nicolay

1401 Elm

Westfalen II


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STABILIZED HISTORIC BUILDIN GS

3CDC Projects have been awarded $15 million in State Historic Tax Credits

City Home1411 PLEASANT STREET

$111,556 State Historic Tax Credits awarded1422 PLEASANT STREET

$84,160 State Historic Tax Credits awarded

Lofts at Parvis1405-1409 VINE STREET

$434,954 State Historic Tax Credits awarded1411 VINE STREET




1419 VINE STREET$178,858 State Historic Tax Credits awarded

Saengerhalle1400-04 RACE STREET

$472,823 State Historic Tax Credits awarded1406-10 RACE STREET

$403,827 State Historic Tax Credits awarded1412-16 RACE STREET


Westfalen Lofts1418 RACE STREET

$252,224 State Historic Tax Credits awarded1420 RACE STREET

$142,455 State Historic Tax Credits awarded1422 RACE STREET


Color Building1400 VINE STREET

$1,256,186 State Historic Tax Credits awarded

Germania Hall1313 VINE STREET

$1,695,986 State Historic Tax Credits awarded

Mercer Commons19 Buildings

$4,166, 597 State Historic Tax Credits awarded

21c609WALNUT STREET

$5,000,000 State Historic Tax Credit awarded


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57 historic buildings have been stabilized and renovated:

24 E. 14th Street

1202 Main Street - Belmain

1306 Main Street - Goodfellows

1308 Main Street - Goodfellows

1417 Main Street - Falling Wall

1421 Main Street - Falling Wall

1135 Vine Street - Gateway Arts

1201 Vine Street - Duncanson



1207-09 Vine Street - Duncanson


1213-15 Vine Street - Duncanson

1214 Vine Street - Duveneck

1220 Vine Street - Duveneck

1232 Vine Street - Trideca

1237 Vine Street - Lackman

1326 Vine Street - Trinity

1401 Vine Street - Parvis Lofts




1411 Vine Street - Parvis Lofts1413 Vine Street - Parvis Lofts





1423

Vine Street - Parvis Lofts20 E. 12 Street - Breman

22 E. 12 Street - Breman

1207 Republic Street - Breman



1122-24 Race Street - Centennial Row

1126 Race Street - Centennial Row

1128 Race Street - Centennial Row

1400 Race Street - Saengerhalle

1406-12 Race Street - Saengerhalle

1414 Race Street - Saengerhalle

1418 Race Street - Westfalen Lofts1420 Race Street - Westfalen Lofts

1422 Race Street - Westfalen Lofts

1409 Pleasant Street - City Home



209 Odeon Street - Jimmy Heath House211 Odeon Street - Jimmy Heath House

213 Odeon Street - Jimmy Heath House




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17 historic buildings are stabilized or being rehabbed

33 - 35 East 13th Street

23-27 Mercer

1508 Pleasant Street

1537-39 Race Street Elm Industries

1429 Race Street Church at 15th and Race

1505 Race Street

1523 Race Street

1506 Republic Street

1531 Republic Street

1313 Vine Street Germania Building

1412 Vine Street

1500 Vine Street Minor Flats

151

3Vine Street


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STABILIZED HISTORIC BUILDIN GS1429 Race St reet

New pic


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STABILIZED HISTORIC BUILDIN GS1429 Race St reet


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STABILIZED HISTORIC BUILDIN GS151 3 V ine St reet


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STABILIZED HISTORIC BUILDIN GSRepub li c S t reet - Mot t ai nai


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STABILIZED HISTORIC BUILDIN GS1 41 1 V in e S tr ee t Pa rv is L of ts


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STABILIZED HISTORIC BUILDIN GS1418-22 Race St r eet - Wes t fa l en


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STABILIZED HISTORIC BUILDIN GS1400 Race St r ee t - Saengerha ll e


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THANK YOU

historic preservation by 3cdc

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