Business News

Crown Building Opens Along Streetcar Route

Posted on Updated on

Nearly two years after acquisition, Kim Starbuck and Charles Erickson revealed their newly revived property across the street from Findlay Market. The Crown Building, which was scooped up by the pair in 2011, revealed itself to the community just days after construction resumed along the streetcar route. Track welding had ceased directly in front of the building, leaving a giant hole and makeshift footbridge along Elm Street.

A mixed-use development, The Crown will have a restaurant on the ground floor, commercial space on the second floor, and four residential apartments above. The storefront uses an innovative operable window system, the first of its kind certified by an Historic Tax Credit project.The project has also achieved LEED Silver Certification.  This landmark building with a breathtaking view of Findlay Market is still looking for tenants who want to take advantage of the benefits of living near a prime streetcar stop. With the route underway, this will be the first of many new renovations of abandoned buildings north of Liberty Street.

Advertisements

Downtown Residents Council gives Third Pledge of Support for Streetcar

Posted on

In their monthly newsletter, Downtown Residents Council once again spoke out in support of the streetcar with the following proclamation:

Adopted September 11, 2007 without dissent, again in 2009 without dissent, and on December 10, 2013 with 90.4% voting in favor.

Be it therefore resolved:
The members of the Downtown Residents Council (DRC) support the implementation of a streetcar system for the urban core. We believe a fixed rail transportation network will enhance the experience of visiting, living and working in the core of our city. Other cities implementing streetcar systems have seen good to great returns on their investment through new construction, new jobs, new business opportunities, enhanced quality of life and a cleaner city environment due to lessened automobile traffic.

The DRC urges the City Council to support a program aimed at installing a fixed rail streetcar system within the boundaries of the Central Business District and Over the Rhine, which could possibly be expanded to the inner ring suburbs. Our members would greatly appreciate the ability to travel short distances from home and work on our lunch breaks, nights out, while running errands, shopping and entertaining friends. More transportation options will make it easier for modern families to live in the urban core by possibly removing the necessity of having multiple automobiles for personal mobility. This transportation option would also make the city more visitor-friendly by linking the many diverse shopping, dinning, entertainment, cultural and historic locations scattered throughout the valley.

Project Executive to present Cost to Cancel Streetcar

Posted on

Streetcar Project Executive, John Deatrick, will be giving his estimate of the cost to cancel the Cincinnati Streetcar at a special meeting of the Finance Committee, Thursday, November 21, at 12:00pm.

Open to the public, the presentation will take place at City Hall in council chambers on the Third Floor. There will be no public comment taken but supporters are encouraged to attend.

Follow the event on Facebook, or tune into Twitter and follow the hashtag #CincyStreetcar. If you are unable to attend the meeting, it will be broadcast live online.

 
 
Special Cincinnati City Council Finance Committee Meeting
 
Purpose: Estimation of the cost of canceling the Cincinnati Streetcar
Date and Time: Thursday, November 21st at Noon
Where: City Hall, 801 Plum Street, 45202, Council Chambers, Third Floor
(extra seating in the gallery, Fourth Floor)
 

Streetcar Construction Awards $12.5M in Contracts to Minority-Owned Businesses

Posted on Updated on

Messer, Prus, Delta (MPD), constructor of the Cincinnati Streetcar, today reported they have met their inclusion goal of the project, awarding 18% of construction contracts to Disadvantaged Business Enterprises (DBEs). A DBE is defined as a small business owned and operated by minorities or women. recognized as socially and economically disadvantaged individuals.

The contracts total more than $12.5 million to nine companies with DBE certification. MPD is building the 3.6-mile streetcar loop with total construction costs estimated at $70 million.

The streetcar project receives money from the federal government as well as local sources, and therefore, the project must use a DBE goal rather than a Small Business Enterprise (SBE) goal as seen in other locally-funded building projects.

The DBE goal for the civil construction contract for the streetcar project is 18%. The goal was based on an analysis of the highly-specialized scopes of work outlined in the construction contract, and available registered DBEs in the area. Disadvantaged businesses are involved in many areas of the construction, including: preparing streets for rail, building the Maintenance & Operations Facility, installing the street signalization and poles, and the station stops.

“MPD is committed to inclusion and we are pleased to have met the 18% DBE goal for construction contracts,” said Mark Luegering, senior vice president of Messer Construction Co. “We sought-out disadvantaged businesses during the bid period and award of contracts to play a significant role in construction and are pleased with the quality of our subcontractors.”

DBE Firms awarded contracts include:

Construction work is on schedule to be completed fall 2016.