State of Downtown Cincinnati

Transcription

STATE OF
DOWNTOWN
CINCINNATI
Issued April 2016
INCLUDING: DOWNTOWN CINCINNATI INC. 2015 ANNUAL REPORT
Indian Cultural Arts Centre at Art Academy
Mikki Schaffner, courtesy of ArtsWave
INTRODUCTIONINTRODUCTION
TABLE OF CONTENTS
01
INTRODUCTION
Partners, About Downtown Cincinnati Inc., About this
Report, Letter from the Mayor of the City of Cincinnati,
Letter from the Board Chair and President/CEO of DCI
05
WORK
Lease Transactions, Downtown Development, Employment,
Office Inventory, Office Rental and Vacancy Rates
13
Radius at the Banks Construction
Travis Estell
LIVE
Perceptions, Residential Amenities, Safe and Clean,
Residential Unit Sales and Prices, Residential Units and
Occupancy, Downtown Population
21
PLAY
Entertainment, Hotels, New Retail, Retail Composition
and Occupancy, Conventions, Walks and Runs
35
ACCESS AND TRANSIT
Instagram Photo
Roy Davis & Audrey Ann Photography,
courtesy of the Underground Railroad
Freedom Center
Monthly Parking, Public Transit
39
DCI 2015 ANNUAL REPORT
Highlights and Accomplishments, Safe and Clean,
Marketing and Communications, Stakeholder Services,
Auditors’ Report, Financial Statements, DCI Board of
Directors, DCI Members, Staff
SOURCES
The data presented in this report is derived from many sources including reports by the media and information collected
directly from organizations where available. To provide us with more accurate data on any information contained in this
report, to submit your photographs, to request additional information, or to place your name on our e-mail list for future
mailings, please send an email to [email protected].
Please visit downtowncincinnati.com for more publications from Downtown Cincinnati Inc.
Also visit these websites for additional information on downtown Cincinnati:
•
•
•
•
bizjournals.com/cincinnati
choosecincy.com
cincinnati.com
cincinnati-oh.gov
•
•
•
•
cincinnatichamber.com
cincinnatiUSA.com
cincyusa.com
ilivedowntown.com
• myfountainsquare.com
• otrchamber.com
• soapboxmedia.com
PARTNERS
Downtown Cincinnati Inc. thanks the following individuals
and organizations for their assistance in compiling this report:
CBRE
City of Cincinnati
Cincinnati’s arts, culture,
sports & entertainment
organizations
Colliers International
Cincinnati Business
Courier
Cincinnati Center City
Development Corporation
(3CDC)
Cincinnati Multiple
Listing Service
Cincinnati USA
Convention & Visitors
Bureau
Cincinnati USA Regional
Chamber of Commerce
Cincy Red Bike
Cushman & Wakefield
Downtown Residents
Council
Enquirer Media
Greater Cincinnati &
Northern Kentucky Film
Commission
Taste of Cincinnati
Thadd Fiala
Keep Cincinnati Beautiful
Metro
Amy Smith
The Corporation for
Findlay Market of
Cincinnati
Xceligent, Inc.
We are thankful for the generosity of many talented
photographers. Credits are provided next to each image,
where possible.
Special Thanks to Kolar Design for creating the cover images
ABOUT DOWNTOWN CINCINNATI INCORPORATED (DCI)
Founded in 1994, DCI is a non-profit organization with a mission to build a dynamic
metropolitan center valued as the heart of the region. DCI supports this mission by providing
unique services in three areas: safe and clean, marketing and communications, and stakeholder
services. The organization is funded by members, sponsors, and by the property owners of the
Downtown Cincinnati Improvement District, which includes property within the boundaries
of Eggleston Avenue, Central Parkway, Central Avenue, and the Ohio River. DCI provides
leadership and information regarding community and development issues, working together
with public and private partners to ensure long-term downtown vitality.
1 I STATE OF DOWNTOWN REPORT
ABOUT THIS REPORT
The State of Downtown Cincinnati (Issued April, 2016) is a compilation of most recently
available data pertinent to our stakeholders and visitors: residential; safety and cleanliness;
development, office and employment; retail and restaurants; convention and hotels; arts, culture
and entertainment; plus access and parking.
The DCI Annual Report provides an overview of the organizational accomplishments of
Downtown Cincinnati Inc. during 2015 for each area of service: Safe and Clean, Communications
and Marketing, and Stakeholder Services. Financial statements, board, staff, and member lists
are also provided.
Please visit downtowncincinnati.com to download a copy of this report and to find more
content on information presented here. We hope you enjoy reading the report, and we welcome
your questions and comments.
John Morris Russel conducts
Cincinnati Youth Orchestra
Downtown Cincinnati Inc. Street Pole Banner
Mikki Schaffner, courtesy of ArtsWave
Travis Estell
STATE OF DOWNTOWN REPORT I 2
Dear Downtown Cincinnati Inc.,
During the 86th All-Star Game, Cincinnati shone as a vibrant, friendly,
and beautiful destination for baseball fans from around the world.
Throughout the year, we welcomed visitors, businesses, and residents
to experience the renaissance taking place downtown.
John J. Cranley
The All-Star Game was just one piece of an incredible year, with a
Mayor
City of Cincinnati
DCI Honorary Board Chair
newly completed riverfront park and center city humming with new
jobs, new construction, and renewed energy. More businesses opened
in the heart of the city–84.51°, Homewood Suites, Hampton Inn, and
Cincinnati Bell. New residents at Seven at Broadway and Schwartz
Lofts now call downtown home. We saw continued development in
construction and transportation, as we look to the Cincinnati Streetcar
and the GE Global Operations Center opening in 2016. As a result of hard
work and strong partnerships, our downtown tells a story of rebirth,
growth, and opportunity.
Working with partners like Downtown Cincinnati Incorporated, we
can continue to build on our success. Throughout 2015 we experienced
an incredible year, with the chance to show off a revitalized Cincinnati
to visitors who experienced the spectacular Smale Riverfront Park,
nationally recognized restaurants, and the hospitality of our friendly
Downtown Ambassadors.
DEAR STAKEHOLDERS,
Everything we do at Downtown Cincinnati Inc. (DCI)
is guided by this statement: The mission of Downtown
Cincinnati Inc. is to build a dynamic metropolitan
center valued as the heart of the region.
Along with Honorary Chair Mayor John Cranley, DCI
Board Chair Ed Diller and I have ensured a laser-like
focus on that mission and DCI’s critical role in this
time of great progress and rapid change. The success
of downtown can be seen not only in the Central
Business District, but in the growth and vibrancy in
neighborhoods throughout Cincinnati. Indeed, the
heart of the region is strong and getting stronger.
DCI has four clear functions in delivering the mission:
1. Safe/Clean/Beautiful
2. Marketing/Communications
3. Stakeholder Services
4. Leadership Advocacy
You will see throughout this State of Downtown
Report and Annual Report significant accomplishments and continued progress in each of these areas.
We are delighted that not only “hard measures” like
safe/clean statistics continue to improve, but allimportant customer perceptions keep getting better
and better. This is because we stay focused on fulfilling our roles. In 2003, under the leadership of Mayor
Charlie Luken and Board Chair (former Vice President
of External Relations at P&G) Charlotte Otto, FOCUS
became a core value at DCI and safe/clean services
were recognized as the “price of entry” for development. Today, under Mayor Cranley and our current
board leadership, our focus is even more well-defined.
In the past year, we have seen changes in leadership
at several partner organizations such as the Cincinnati
Police Department and the Cincinnati USA Regional
Chamber. We look forward to working with new
Police Chief Eliot Isaac and Chamber President Jill
Meyer as they guide their organizations into the
future. There have been many other changes in both
the public and the private sectors, and we expect the
pace and impact of change to increase in 2016. All of
this change underscores the key asset that DCI offers
— our relationships and ability to make connections
with, and between, partners both old and new.
One of the highlights of the year is the DCI Holiday
Reception hosted by the Westin Hotel under the
leadership of General Manager and DCI Board
Member, Kathleen Gilbey. More than 400 people—
members and friends—of the DCI “family” attended.
It is remarkable, and heartwarming, to see many old
friends joined by new and diverse friends who all
share a passion for the growth of downtown and the
mission of DCI. There are many ways to be involved
in the work we do, from the board, to committees and
task forces to sector groups, and DCI provides a forum
for those who love downtown.
In this report you will see many great success
stories such at the MLB All-Star Game in July. DCI
was delighted to play a role in this achievement and
we are grateful to wonderful partners, such as Phil
Castellini and the Community Organizing Committee
of the All-Star Game. We appreciate being a part of
these enormous endeavors and take pride in making
meaningful contributions. We also want to thank our
partners at the Downtown Cincinnati Improvement
District (DCID) who largely fund the work of DCI and
ensure we stay focused on our mission. We are also
grateful to our colleagues at the City of Cincinnati and
Hamilton County for their generous support, hard
work, and professional partnership. Finally, we deeply
appreciate the work of the DCI staff including the
DCI Ambassadors who work, every day, to bring the
mission and the spirit of DCI to life.
Best regards,
David N. Ginsburg
Edward D. Diller
President and CEO
Downtown Cincinnati Inc.
Board Chair
WORK
Downtown Cincinnati was buzzing with construction activity in
2015, creating $522 million in capital investment for completed
projects and $698 million for projects under construction. Major
developments included the completion of the 84.51° building
(once known as the dunnhumby Centre), the AT580 building
renovation, and the construction of the Cincinnati Streetcar.
The new Homewood Suites and Hampton Inn and Suites
added even more excellent hotel options downtown, and the
completion of Smale Riverfront Park greatly enhanced the
existing public gathering space at The Banks.
Queen City Tower Lobby
Thadd Fiala
WORKWORKWORKWORKWORK
LEASE TRANSACTIONS
Major lease transactions included the newly created marketing unit for Kroger called 84.51°,
located at the new 84.51° Centre, and a major expansion for Taft Stettinius & Hollister LLP at their
location in US Bank Tower. Staffmark relocated to the Omnicare Center, joining General Electric,
which is temporarily located in the building while its new office tower is under construction at
The Banks.
Company
Location
Sq. Ft.
Type
84.51°
84.51° Centre
172,220
Relocation
Taft Stettinius & Hollister LLP
U.S. Bank Tower
106,053
Expansion
Staffmark
Omnicare Center
43,542
Relocation
General Electric Company
Atrium Two
34,105
Temporary
Fifth Third Bank
AT 580
32,630
Expansion
Cincinnati Bell
Atrium Two
16,947
Expansion
Fosdick and Hilmer
Huntington Center
16,387
Relocation
RiverPoint Capital Management
Scripps Center
14,143
Relocation
Curiosity, LLC
The Executive Building
13,979
Relocation
Cincinnati Orchestra Symphony
Carew Tower
12,754
Temporary
LPK
Presidential Plaza
12,500
Expansion
EBTH, Inc
Fourth & Walnut Centre
12,470
New
Better Business Bureau (BBB)
One East Fourth Street
10,783
Relocation
Tire Discounters
One East Fourth Street
10,332
Relocation
Chemed Corp
First Financial Center
9,895
Expansion
Zipscene
The Gwynne Building
9,535
New
Reckitt Benckiser PLC (RB PLC)
Columbia Plaza
8,964
Relocation
Emersion Design
The Edge
8,500
Relocation
CNBS
Centennial Plaza III
6,032
Relocation
Source: Cushman & Wakefiled; Colliers International; Xceligent, Inc. Please note: Listed are the top leases signed in the CBD in 2015, according to square feet. Start dates of
occupancy vary. For purposes of this report ‘New’ = New to downtown; ‘Relocation’ = Relocation from an existing downtown space; ‘Expansion’ = Expansion of existing space or
the combining of multiple locations into one space.
DOWNTOWN DEVELOPMENT
From recreational and public spaces like Smale Riverfront Park, new residential development
like Seven at Broadway, and creative spaces like Cintrifuse at Union Hall, these major
development projects created $522 million invested in downtown Cincinnati during 2015.
Another $698 million in investment is currently under construction, with many of these
projects expected to be complete in 2016.
9
12
50 40
60
46
7
31
61
53
23 28
22 20
43
41
16
49
5
15
2 13
48
33
25
21
24
62 36 54
47
10
52
51
35
1
58
42
11
29
37
30
17
14
6
4
55
3
59
8
26
57
63
38
56
27
39
44 45
32
18
19
34
Completed Projects
Under Construction Projects
Proposed Projects
Central Business District
Over-The-Rhine
Pendleton
$522M
$698M
Type
Investment
($M)
Completion/
Anticipated
Completion
MIX
CEE
MIX
MIX
RES
CEE
CEE
ACC
RES
RES
RES
MIX
RES
$7.14
$1.05
$139.73
$43.00
$2.80
$1.10
$3.40
$133.00
$14.55
$5.10
$17.32
$4.60
$2.00
2015
2015
2015
2015
2015
2015
2015
2015
2015
2015
2015
2015
2015
617 Vine Street
10-26 Mercer Street
1316-1318 Race Street
Seventh and Broadway Streets
The Banks
The Banks
1429 Race Street
18-20 West 13th Street, 1307 Republic Street
1408 Elm Street
118 and 122 West 15th Street and 1509 Pleasant Street
1205 Elm Street
1311-1315 Vine Street
21 East Fifth Street
CEE
MIX
RES
RES
CEE
CEE
CEE
MIX
RES
MIX
CEE
MIX
CEE
$37.00
$5.45
$3.60
$22.30
$25.40
$15.00
$9.60
$3.10
$1.74
$3.61
$4.50
$16.00
N/A
2015
2015
2015
2015
2015
2015
2015
2015
2015
2015
2015
2015
2015
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
309 Vine
15th and Race
8th & Sycamore - Phase I
8th & Sycamore - Phase II
Abington Flats
AC Hotel
Alumni Lofts
Autograph Collection Hotel
Broadway Square Phase II
Cincinnati Shakespeare Company
Holiday Inn Hotel
Lytle Park Renovation
Lytle Tunnel Renovation
Market Square at Findlay Market
Memorial Hall
Merchants Building Lofts
Music Hall Revitalization
The Banks Phase II A (Radius, retail)
The Banks - Phase II B (GE)
Warner Brothers Building
YMCA
Ziegler Park
309 Vine Street
15th and Race Streets
Sycamore between 7th & 8th
Sycamore between 7th & 8th
33 Green Street
SW corner of Joe Nuxhall Way and Freedom Way
1310 Sycamore Street
311 Pike St. & 300 Lytle Street
Scattered Site, Broadway, 12th Street and 13th Street
217 W. 12th Street
Broadway and Seventh Streets
Lytle Park
Lytle Park and I-71
1800 block of Race Street (east side)
1225 Elm Street
32 W. 6th Street
1243 Elm Street
The Banks
The Banks
1600 Central Parkway
1105 Elm Street
Sycamore Street between 13th and 14th Streets
MIX
MIX
MIX
RES
RES
CEE
RES
RES
MIX
CEE
CEE
ACC
ACC
MIX
CEE
RES
CEE
MIX
OFF
OFF
MIX
CEE
$76.00
TBD
$17.00
$35.00
$4.85
$35.00
$24.00
$35.00
$13.00
$17.00
$14.00
$6.00
$31.60
$24.00
$11.00
$9.90
$129.00
$67.00
$90.00
$1.30
$27.50
$30.00
2016
2019
2016
2016
2016
2017
2016
2017
2016
2017
2016
2017
2017
2016
2017
2016
2017
2016
2016
2016
2016
2017
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
15th and Vine
100 West Elder
16 West Central Parkway
515 E. 12th St.
Baldwin Piano Co. Building
Boutique Hotel
CVG Murals
Fourth & Walnut Centre
Fourth and Race
Garfield Suites Conversion
Hotel at former P&G Building
Kauffman Building
Liberty & Elm
Strietmann Biscuit Co. Building
The Nielen
1425 - 1437 Vine and Five West 15th Street
100 West Elder Street
16 W. Central Pkwy.
515 E. 12th Street
655 Eden Park Drive
208-214 W. 12th Street
525 Elm Street
105 E. Fourth Street
411 Race Street
2 Garfield Place
299 E. Sixth Street
1725 Vine Street
NW corner of Liberty & Elm St.
221 W. 12th Street
223 W. 4th Street
MIX
MIX
MIX
RES
RES
CEE
CEE
MIX
MIX
RES
CEE
MIX
MIX
MIX
RES
$16.00
$1.59
TBD
$1.60
$39.00
$7.40
$7.00
TBD
$77.30
TBD
TBD
$2.78
$27.00
$15.00
$6.00
2017
TBD
2019
TBD
TBD
TBD
2016
2017
TBD
2017
2017
TBD
2017
2018
TBD
COMPLETED
1201 Walnut Street
15 West 14th Street
Fifth and Race Streets
580 Walnut Street
1405 Republic Street
44 East Sixth Street
1544 Central Parkway
CBD and OTR
1805 Dalton Street
Scattered Site, Broadway, 12th Street and 13th Street
747 W. 5th Street
1801-1805 Elm Street
1317 and 1319 Republic Street
15
16
17
18
19
20
21
22
23
24
25
26
1201 Walnut
15 West 14TH
84.51°
AT580
Beasley Place
CAC Lobby Renovation
Chatfield College
Cincinnati Streetcar (construction)
City Gospel Mission
Cutter Apartments
Drop Inn Center Men’s Facility
Globe Building
Hogan Building
Homewood Suites and
Hampton Inn and Suites
Mercer III Townhomes
Parksite
Seven at Broadway
Smale Riverfront Park (Phase 3-4)
Smale Riverfront Park (Phase 5)
Taft’s Ale House
Tea Company Townhomes
The Olson
The Osborne
The Transept
Union Hall (Cintrifuse)
Westin Hotel Renovation
UNDER CONSTRUCTION
1
2
3
4
5
6
7
8
9
10
11
12
13
14
Address
PRE-DEVELOPMENT—
PROPOSED
Project Name
$200M
ACC = Access & Parking
CEE = Cultural/Entertainment/Educational
MIX = Mixed Use
OFF = Office
RES = Residential
N/A = Not available
TBD = To be determined
Source: Data collected from media sources and reports from developers, when available
Note: Includes projects with an estimated investment amount of $1 million or more that are completed, under construction or proposed as of year-end 2015.
Mixed Use (MIX) categorizes developments with multiple uses, for instance, a building with retail on the ground floor, and office or residential above.
EMPLOYMENT
Downtown businesses created over 600* new jobs in 2015, including many in the professional
services sector, as well as growing industries, such as Rhinegeist and its expanding brewery
and distribution facility. In addition to professional office expansions and relocations, the retail
sector continued to grow with 38 new shopping, dining, and services businesses opening
in the Central Business District, Over-the-Rhine and Pendleton in 2015. These businesses all
contributed to the growing employment base in the downtown area.
DOWNTOWN CINCINNATI
FORTUNE 1000 COMPANIES
The Kroger Company (No. 20)
Procter & Gamble (No. 32)
Macy’s, Inc. (No. 105)
Omnicare (No. 414)
Fifth Third Bancorp (No. 416)
American Financial Group, Inc. (No. 459)
Western & Southern Mutual Holding Company (No. 481)
Convergys Corporation (No. 783)
84.51° Grand Opening
*Source: REDI Cincinnati (office and manufacturing sector); DCI staff research
5chw4r7z.blogspot.com
OFFICE INVENTORY
Colliers International reported a total office inventory of 18,374,322 square feet in downtown
Cincinnati for 2015. Downtown offices leased for $18.76 per square foot on average, with a
positive net absorption. The vacancy rate for downtown office space decreased from 15% in
2014 to 13% in 2015.
2015 DOWNTOWN OFFICE INVENTORY
Inventory: 7,798,710 sq. ft.
CLASS A
CLASS B
CLASS C
$22.80
per sq. ft.
$16.02
per sq. ft.
$11.21
per sq. ft.
Net Absorption: 481,024 sq. ft.
Net Absorption: (64,761) sq. ft.
Net Absorption: (45,221) sq. ft.
Occupied
Vacant
2015 REGIONAL OFFICE INVENTORY
Blue Ash
CBD
CBD - Periphery
East
I-71 Corridor North (of I-275)
I-75 Corridor North (of I-275)
Kenwood/Montgomery
Midtown
Northern KY Riverfront
Northern KY
Tri-County
West
Inventory of
Rentable Sq. Ft.
Vacancy
Rate
Average
Rental Rate
2015 Net
Absorption
5,441,170
18,374,322
3,801,111
3,052,074
5,284,792
2,531,975
2,361,344
4,984,492
2,467,495
6,091,012
7,900,430
1,114,663
11.80%
13.20%
21.50%
12.60%
12.10%
12.40%
19.80%
12.70%
27.00%
14.90%
22.20%
18.80%
$16.90
$18.76
$17.34
$13.18
$16.64
$21.22
$23.43
$20.02
$21.24
$17.05
$13.62
$17.44
153,376
371,042
(9,412)
14,062
(9,270)
(103,650)
1,287
135,643
19,883
64,153
153,731
(79)
Source: Colliers International, Cincinnati Office
OFFICE RENTAL RATES
The average rental rate for Class A property in downtown Cincinnati in 2015 was $22.80 per
square foot, down from $23.29 per square foot in 2014. Class B and Class C properties were leased
on average for $16.02 and $11.21 per square foot, respectively. Baltimore, Detroit, Cleveland and
Columbus all exhibited comparable rental rates for downtown office properties.
OFFICE RENTAL RATES
$25
CBD CLASS A
$22.80
Average Regional Rental
ALL Classes*
$17.72
CBD CLASS B
$16.02
$15
CBD CLASS C
$11.21
$10
2011
2015 U.S. RENTAL RATES:
DOWNTOWN CLASS A OFFICE
I
New York City (Midtown)
San Francisco
Washington, DC
Boston
Chicago
Los Angeles
Denver
Portland
Raleigh/Durham
Nashville
Pittsburgh
Atlanta
Detroit
Baltimore
Cincinnati
Cleveland
Columbus
Grand Rapids
Indianapolis
St. Louis
Minneapolis
Source: Colliers International, Cincinnati Office and “Office Market Outlook, Q4 2015”
I
I
2015
$79.07
$73.60
$56.48
$56.10
$41.59
$40.83
$35.68
$30.55
$27.37
$26.98
$26.08
$24.24
$23.52
$23.48
$22.80
$21.23
$20.94
$20.16
$19.32
$18.15
$17.31
$20
OFFICE VACANCY RATES
Downtown Cincinnati office space vacancy rates decreased from 15% in 2014 to 13% in 2015. The
U.S. Central Business District and the U.S. suburban office markets also demonstrated a decline in
vacancy rates over the previous year, with the Cincinnati suburban district experiencing a slight
increase since 2014.
OFFICE VACANCY RATES
25%
Cincinnati CBD
13.2%
16.2%
Cincinnati
Suburban
15%
US Suburban
13.2%
11.1%
US CBD
2011
2015 U.S. VACANCY:
DOWNTOWN CLASS A OFFICE
20%
I
Los Angeles
Cleveland
Atlanta
Grand Rapids
Cincinnati
St. Louis
Denver
Minneapolis
Baltimore
Washington, DC
Columbus
Detroit
Indianapolis
Chicago
Nashville
Boston
Portland
New York City (Midtown)
San Francisco
Raleigh/Durham
Pittsburgh
I
I
10%
2015
20.8%
15.7%
15.4%
14.1%
13.4%
13.3%
12.8%
12.4%
11.5%
11.5%
11.5%
10.6%
10.2%
9.8%
9.4%
9.1%
9.0%
8.3%
7.8%
6.2%
6.1%
Source: Colliers International, Cincinnati Office and “Office Market Outlook, Q4 2015”
LIVE
Downtown Cincinnati was a key economic driver for
the region in 2015, and also attracted major investment
in amenities which continued to bring more visitors
and residents downtown. New bars and restaurants,
public spaces, residential developments, and goods
and services all contributed to the thriving urban
landscape in downtown Cincinnati. Perceptions of
the downtown area remain positive, based on survey
results, and investors and business owners continue to
pursue development and growth opportunities in the
urban core.
Downtown Living at Parker Flats
LIVELIVELIVELIVELIVELIVE
PERCEPTIONS
The Perceptions Survey, an annual survey of downtown visitors and residents, showed positive
results from respondents. In 2015, 92% of respondents said downtown is a place they would
take out-of-town guests, 84% had an overall positive impression of downtown, 83% said that
downtown was clean, and 81% believed that downtown was safe overall.
Downtown Cincinnati Ambassador
A PLACE TO TAKE OUT-OF-TOWN GUESTS
OVERALL POSITIVE IMPRESSION
SAFE OVERALL
0%
CLEAN OVERALL
Survey respondents
with favorable ratings
FAMILY FRIENDLY
20%
IS WALKABLE
40%
AMBASSADORS ARE VISIBLE
60%
POLICE ARE VISIBLE
80%
GAY FRIENDLY
100%
WELCOMING TO ALL RACIAL AND ETHNIC GROUPS
PERCEPTIONS OF
DOWNTOWN
Source: 2015 Perceptions Survey conducted by LaVerdad Marketing & Media for Downtown Cincinnati Inc. For more detailed results, visit downtowncincinnati.com.
RESIDENTIAL AMENITIES
The downtown area offers nearly 600 shops, bars, restaurants, and neighborhood services to its
residents, from sports bars to fine dining, and boutique shops and art galleries to pet supply
stores and corner markets. New businesses such as The Market at Dixie Terminal on Fourth
Street and Picnic and Pantry in Over-the-Rhine provide close and convenient access to groceries
and household goods.
Plum Street Pet Clinic
Taft’s Ale House
Thadd Fiala
Idlewild Woman Boutique
Courtesy of Idlewild Woman
The Market at Dixie Terminal
SAFE AND CLEAN
The number of serious crimes in the Central Business District decreased by 3.5% in 2015, with
the number of “quality of life” crimes slightly increasing by 0.5%. In Over-the-Rhine, the
number of serious crimes remained relatively even (from 917 to 920) in 2015, while the “quality
of life” crimes decreased by 3.3%. The litter indices compiled by Keep Cincinnati Beautiful
continued to report positive ratings for these neighborhoods in 2015.
CENTRAL BUSINESS DISTRICT
CRIME
2,000
1,500
1,037
1,000
500
398
PART 1 CRIME**
PART 2 CRIME
0
2011
I
I
I
2015
OVER-THE-RHINE
CRIME
2,000
1,500
920
1,000
607
500
PART 1 CRIME**
PART 2 CRIME
0
2011
I
I
I
2015
Source: Cincinnati Police Department. Note: Part 1 crimes are defined as more serious crimes, but include crimes such as shoplifting in which no use of force or violence
occurs; Part 2 crimes are defined as “quality of life” crimes, which include aggressive panhandling and vandalism.
*Theft accounted for 88% of Part 1 crimes in the Central Business District in 2015.
*Theft accounted for 63% of Part 1 crimes in Over-the-Rhine in 2015.
RESIDENTIAL UNIT SALES
Condominium sales in the Central Business District increased in 2015, but single family home
sales decreased, which is consistent with the availability of real estate downtown. In Over-theRhine and Pendleton, both condominium sales and single family home sales slightly decreased.
50
45
40
38
35
30
25
20
15
10
0
Condominiums
Single Family Homes
5
0
2011
I
I
I
2015
OVER-THE-RHINE
100
90
73
80
70
60
50
40
30
13
20
10
Condominiums
Single Family Homes
0
2011
I
I
I
2015
PENDLETON
9
8
7
6
4
5
4
2
3
2
1
Condominiums
Single Family Homes
*Source: Cincinnati Multiple Listing Service (MLS)
0
2011
I
I
I
2015
RESIDENTIAL UNIT PRICES
There were no single family home sales in the Central Business District in 2015, and the average
price for condominiums downtown decreased by 7%. In Over-the-Rhine and Pendleton,
average sale prices for single family homes increased. For Pendleton, this is a continued trend
over the past several years.
$800,000
$700,000
$600,000
$500,000
$400,000
$298,004
2011
I
I
$200,000
$100,000
$0
Condominiums
Single Family Homes
$300,000
2015
I
$389,014
OVER-THE-RHINE
$0
$400,000
$350,000
$300,000
$260,033
$250,000
$200,000
$150,000
$100,000
$50,000
Condominiums
Single Family Homes
$0
2011
I
I
2015
I
PENDLETON
$364,750
$400,000
$350,000
$300,000
$224,875
$250,000
$200,000
$150,000
$100,000
$50,000
Condominiums
Single Family Homes
*Source: Cincinnati Multiple Listing Service (MLS)
$0
2011
I
I
I
2015
RESIDENTIAL UNITS AND OCCUPANCY
There were an estimated 8,500 residential units in the Central Business District, Over-the-Rhine
and Pendleton in 2015, according to CBRE. Developers reported over 1,000 residential units under
construction, including new apartments at Eighth & Sycamore, apartments at the renovated
AT580 building, Radius at The Banks, and the Alumni Lofts at the former SCPA building. Rental
developments in the Central Business District reported 97% occupancy and an average rent of
$1.55 per square foot.
DOWNTOWN RESIDENTIAL UNITS*
8,500
Central Business District
Over-The-Rhine
Pendleton
DOWNTOWN RENTAL PROPERTIES
COMPLETED UNITS
COMPLETEDUNITS
UNITS
COMPLETED
Total Number of Properties Surveyed
Total Number of Units Surveyed
Average Number of units/property
Weighted Occupancy
Average rent/unit
Average rent/sq. ft.
1,018
UNDER CONSTRUCTION
UNDER CONSTRUCTIO
UNDER CONSTRUCTION
16
2,056
129
97.1%
$1,333.00
$1.55
Source: CBRE
*Prepared by CBRE in February 2016, estimated housing unit estimates are for the areas of the Central Business District, Over-the-Rhine, and Pendleton. Rental property data is
provided by CBRE from a year-end survey of the multifamily investment market, reported January 2016.
DOWNTOWN POPULATION
According to demographic data from CBRE, there were 15,933 residents living in the 45202 zipcode
in 2015. The average age of these residents is 39, with 76% of the population holding white collar
jobs, 36% having an advanced degree, and 22% walking to work.
DOWNTOWN DEMOGRAPHICS
Race
White
Black
Asian
Hispanic
52%
42%
3%
3%
Education
High School
Bachelor’s Degree
Master’s Degree
22%
22%
14%
Marital status
Single men
Single women
Married men and women
41%
21%
18%
Household size
One person
Two persons
Three persons
61%
26%
8%
Transportation to work
Drove alone
Public transportation
Walked
55%
11%
22%
Job type
White collar
Service & Farm
Blue Collar
76%
16%
8%
Average Age
Zip Code 45202
39
Average Household Income
$65,203
Source: Demographic estimates for residents of Central Business District, Over-the-Rhine, and Pendleton, prepared for CBRE by Nielsen, February 2016.
PLAY
Downtown Cincinnati is home to fun and exciting events throughout
the year, from Macy’s Downtown Dazzle during the holiday season
to the Findlay Market Opening Day Parade in the spring. Nearly 17
million people attended festivals, walks and runs, and many other
events during 2015. New event venue The Transept, located in a former
church across from Washington Park, recently opened, as well as the
Cincy Brew Bus. Movies such as “Mauraders” starring Bruce Willis
were filmed downtown, continuing Cincinnati’s reputation as a major
movie-making location, landing on the blog Urbanful’s list of top seven
cities becoming “film hot spots”. There were 38 new businesses that
opened in the Central Business District, Over-the-Rhine, and Pendleton
in 2015, offering a wide variety of dining, shopping and other services.
Splash pad at Smale Riverfront Park
Travis Estell
PLAYPLAYPLAYPLAYPLAYPLAY
ALL-STAR GAME
Cincinnati hosted the 86th Major League Baseball All-Star Games in 2015, which provided a great
opportunity for downtown businesses and residents to showcase the Queen City, with a week of
festivities leading up to the baseball game at Great American Ball Park.
The All-Star Game and events generated an estimated economic impact of $70 million from visitors
on hotel rooms, restaurants, bars and other entertainment. Major League Baseball reported a 16
percent increase in merchandise sales over last year’s All-Star Game, with 130,904 fans in attendance
for three days of All-Star events at Great American Ball Park. There were also 108,497 fans who
attended the three-day All-Star Summer Pepsi Block Party at The Banks.
Great American Ballpark Home Run Derby
All-Star Mustache Statue
Source: Cincinnati Business Courier
Thadd Fiala
Thadd Fiala
Skywalk over Fifth Street
All-Star Block Party at The Banks
Thadd Fiala
“When it comes to the great game of baseball,
there aren’t a whole lot of places more passionate
than Cincinnati, Ohio. You want to throw a baseball
party, you have come to the right town.”
– Mike Greenberg, co-host of ESPN radio’s “Mike & Mike” show
ENTERTAINMENT
Entertainment venues in the Central Business District, Over-the-Rhine and Pendleton reported
attendance of 16.9 million visitors/attendees during 2015. Arts and culture organizations such as
Playhouse in the Park, the Contemporary Arts Center, Cincinnati Ballet, Cincinnati Museum Center
and “Cincy Cinco” events all reported increased attendance from the previous year. The monthly
arts and crafts festival Second Sundays on Main celebrated its tenth anniversary in 2015. Major family
friendly programming such as Lumenocity at Washington Park and Oktoberfest Zinzinnati continue
to serve as “can’t miss” events, attracting hundreds of thousands of visitors to the urban core of
Cincinnati each year.
MOST VISITED
1 million to 5 million
HIGHLY ATTENDED
100,000 TO 999,999
Horseshoe Casino
3,300,000
Cincinnati Reds
2,419,506
Cincinnati Museum Center
1,449,430
Findlay Market
1,130,000
Public Library of Cincinnati & Hamilton County - Main Branch
1,108,023
Washington Park
1,000,000
Cincinnati Bengals
851,532
Riverfront Daily Park Users*
800,000
Oktoberfest Zinzinnati
650,000
US Bank Arena
596,422
Taste of Cincinnati
550,000
Riverfront Events/Cincinnati Park Board*
400,000
Riverfest
250,000
Broadway in Cincinnati
240,421
CSO/Cincinnati POPS/Lumenocity
237,934
PNC Summer Music Series
200,000
Cincinnati Arts Association
199,089
Cincinnati Art Museum
186,941
Cincinnati Playhouse in the Park
181,688
Krohn Conservatory
158,389
Taft Theatre
153,294
National Underground Railroad Freedom Center
118,991
MID SIZE
20,000 TO 99,999
LOCAL FAVORITES
1,000 TO 19,999
Contemporary Arts Center
84,287
Children’s Theatre of Cincinnati
77,361
Cincinnati Shakespeare Company
70,542
Cincinnati Ballet
64,126
Bunbury Music Festival
60,000
Taft Museum of Art
55,367
U.S, Bank Ice Rink
55,000
Ensemble Theatre Cincinnati
29,567
Cincinnati Opera
27,619
Bockfest
27,500
Macy’s Light Up the Square
25,000
MidPoint Music Festival
25,000
Black Family Reunion
20,000
Cincinnati Brew Ha-Ha
20,000
Huntington Bank’s New Year’s Blast
15,000
Macy’s Downtown Dazzle
15,000
Cincy Cinco
12,800
School for Creative & Performing Arts
11,500
Second Sundays on Main
11,000
Cincinnati Fringe Festival
8,522
Know Theatre of Cincinnati
7,366
Cincinnati May Festival
7,053
OTR 5K Summer Celebration
6,000
Fire Museum of Greater Cincinnati
5,683
Bluesfest*
5,000
Mercantile Library
4,563
Macy’s Art Sampler hosted by ArtsWave
4,435
Lloyd Library
1,481
The Betts House
1,269
* Estimates based on prior year attendance.
HOTELS
With the most recent opening of Homewood Suites and Hampton Inn & Suites in the Central
Business District, these new developments added nearly 250 more hotel rooms in the downtown
area in 2015. Hotels currently under construction, including the Holiday Inn on Seventh Street,
the Marriott Autograph Collection in Lytle Park and the AC Hotel by Marriott at The Banks will
bring another 388 rooms when completed.
DOWNTOWN HOTELS
Garfield Suites Hotel
152
Hampton Inn & Suites
144
Homewood Suites
105
Hilton Cincinnati
Netherland Plaza
omposition
323
134
The Residence Inn
Cincinnati Downtown
456
Westin Hotel Cincinnati
The Symphony Hotel
The Cincinnatian Hotel
Renaissance Cincinnati
Downtown Hotel
3,553
Rooms
9
146
491
160
561
872
Hyatt Regency Cincinnati
21c Museum Hotel
Millenium Hotel Cincinnati
downtown hotel rooms
Hampton Inn & Suites
Services
Courtesy of Sree Hotels, LLC
Homewood Suites
Dining
Courtesy of Sree Hotels, LLC
HOTEL OCCUPANCY
100%
National
80%
Cincinnati USA
(OH-KY-IN)
66%
Downtown
64%
61%
60%
60%
Gr. Cincinnati
40%
20%
0%
2011
I
I
I
2015
HOTEL ROOM RATES
$160
Downtown
$152
National
$104
$104
Gr. Cincinnati
Cincinnati USA
(OH-KY-IN)
$140
$120
$100
$96
$80
2011
I
I
I
2015
HOTEL REVPAR*
Downtown
$90
National
$69
Gr. Cincinnati
$64
$61
Cincinnati USA
(OH-KY-IN)
2011
I
I
I
$100
$80
$60
$40
2015
Source: Hotel occupancy and rates provided by Cincinnati USA Convention & Visitors Bureau
*RevPAR, or revenue per available room, is a performance metric in the hotel industry, calculated by multiplying a hotel’s average daily room rate (ADR) by its occupancy percentage.
NEW RETAIL
Nearly 40 new businesses opened in the Central Business District, Over-the-Rhine and Pendleton
in 2015, offering new clothing boutiques such as Victory Athletics and Idlewild Woman, uniquely
themed venues like 16-Bit Bar and the Collective CAC, and upscale event spaces and lounges
such as The Härth Lounge and The Transept. New and existing retail establishments continue to
expand and flourish, providing a high density of activity in a walkable, urban setting.
9
21
38
35
28
20
30
33
36
31
26
29
16
1
24
15
32
13
23
5
17
4
8
12
27
11
LEGEND:
34
25
Dining
7
3
2
Shopping
10
Services
14
19
37
22
6
18
Note: For a complete list of downtown retail establishments, visit downtowncincinnati.com.
2015 NEW DOWNTOWN CINCINNATI ESTABLISHMENTS
DINING
SERVICES
SHOPPING
1
16-Bit Bar
1331 Walnut Street
2
Americano Burger Bar
545 Race Street
3
BRU Burger Bar
41 E. Sixth Street
4
Cincy Brew Bus
1000 Broadway
5
Club Glitter
1133 Sycamore Street
6
Coffee at Lola’s
24 W. Third Street
7
Collective CAC
44 E. Sixth Street
8
Cuban Pete Sandwiches
133 E. Court Street
9
Eli’s Barbeque
133 W. Elder Street
10
Gourmet Food to Go
580 Walnut Street
11
Horse & Barrel Bourbon House
631 Walnut Street
12
Ivy Cincinnati
645 Walnut Street
13
Lachey’s Bar
56 E. Twelfth Street
14
Mita’s
100 W. Fifth Street
15
Nation Kitchen & Bar
1200 Broadway
16
Pontiac Bourbon & BBQ
1403 Vine Street
17
Revolution Rotisserie
1106 Race Street
18
Santo Graal
180 E. Freedom Way
19
Societe
301 W. Fifth Street
20
Sundry & Vice
18 W. Thirteenth Street
21
Taft’s Ale House
1429 Race Street
22
The Härth Lounge
125 W. Fourth Street
23
The Transept
1205 Elm Street
24
Urbana Cafe
1206 Broadway Street
25
V’s Cafe on Seventh
121 E. Seventh Street
26
Cincinnati Art Underground
1415 Main Street
27
Cincinnati Endocrine Clinic
28
Coldwell Banker West Shell
1400 Elm Street
29
Edgy Pooch Pet Boutique and Spaw
1344 Main Street
30
Continuum
1407 Vine Street
31
Elm & Iron
1326 Vine Street
32
Idlewild Woman
1230 Vine Street
33
Kit and Ace
1405 Vine Street
34
OIO Decor
35
Picnic and Pantry
36
The Candle Lab
1325 Vine Street
37
The Market at Dixie Terminal
550 E. Fourth Street
38
Victor Athletics
RETAIL COMPOSITION AND OCCUPANCY
DOWNTOWN RETAIL OCCUPANCY*
3,500,000
95.25%
3,000,000
Square Feet
There were close to 600 shops, bars and restaurants, and services located in downtown Cincinnati
in 2015. According to data from CBRE, the retail occupancy in the downtown area was 95%, with
an average rent per square footage of $20.25 and sales per square foot averaging $58.
2,500,000
2,000,000
1,500,000
1,000,000
500,000
Base Square Feet
Occupied Square Feet
0
2011
I
I
I
2015*
DOWNTOWN RETAIL COMPOSITION
599
Merchants
Dining
Shopping
Services
retail composition
Source: CBRE, Data provided for zip code 45202
*Downtown retail overall square footage based on downtown properties of 10,000 sq. ft. or greater.
dow
retail composition
downtown hotel rooms
Breweries/Brewpubs
Sports/Neighborhood Bars
Cocktail/Wine Bars
Private Dining Facilities
Music Dance Clubs
306
Restaurants/
Bars
Full Fare Restaurants
Lunch/Fast Casual Restaurants
Services
Dining
retail composition
downtow
Antiques/Auction Houses
Pharmacies/Newsstands
Apparel/Shoes/Accessories
Jewlery/Furs
Home Furnishings/Art
Coffee/Bakeries/Ice Cream
178
Shops
Beer/Wine/Liquor
Department Stores/Malls
Galleries
Gifts/Books/Novelty
Grocery/Convenience Markets
retail composition
Shopping
Tickets/Travel
Pets
Wireless Electronics
Libraries
Auto/Bike/Home Repair
Funeral
Florists/Wedding
downtown hotelServices
rooms
115
Services
Beauty
Car/Bike Rentals
Fitness/Health
City Tours
Eye wear
Cleaners/Tailors/Shoe Repair
Shopping
Services
Dining
CONVENTIONS
Downtown continued to attract major conventions in 2015, with the Cincinnati USA Convention
& Visitors Bureau hosting 213 meetings including organizations such as Major League Baseball,
Kroger and the Ancient Egyptian Arabic Order of the Noble Mystic Shrine. These meetings and
conventions resulted in 235,655 hotel room nights used, with direct visitor spending of $70 million.
0
250,000
250
200,000
213
150,000
235,655
ROOM NIGHTS
AND MEETINGS
100,000
Room Nights
150
100
50,000
Meeting Booked
200
50
0
0
2011
I
I
I
2015
$70M
ECONOMIC IMPACT
$70M
$60M
$50M
$40M
$30M
$20M
$10M
Economic Impact of CVB
room nights booked
$0M
2011
I
I
I
2015
Source: Economic Impact as provided by the Conventions and Visitors Bureau is the product of room nights held and the Estimated Direct Attendee Spending per person provided by
DMAI (Destination Marketing Association International).
DOWNTOWN CINCINNATI
CONVENTION
HIGHLIGHTS
KEY DOWNTOWN
CINCINNATI CONVENTIONS
BOOKED
GROUP
ROOM
NIGHTS
ATTENDANCE
Educational Testing Service
21,015
1,254
Kroger Company
18,659
6,118
Major League Baseball
16,165
3,414
Ancient Egyptian Arabic Order
Nobles Mystic Shrine
15,373
2,450
United States Institute for
Theatre Technology
5,960
1,289
GROUP
ROOM
NIGHTS
EVENT
DATE
African Methodist Episcopal Church
27,022
2024
19,148
2019
19,148
2020
19,148
2021
National Catholic Educational Association
11,065
2018
National Academic Advising Association
6,240
2021
Daughters of the Nile Supreme Temple
5,838
2018
All-Star Block Party at The Banks
The Cincinnati Reds
WALKS AND RUNS
Thousands of residents and visitors to Cincinnati attend the many fundraising walks and
runs held throughout the year. The largest event, The Flying Pig marathon, attracted 38,000
participants in 2015, and continues to grow each year. Making Strides Against Breast Cancer
grew from 15,000 last year to 18,000 participants.
All-Star Color Run
Source: Event organizers
Courtesy of MLB
Participants
Event
38,000
Cincinnati Flying Pig Marathon
23,462
Heart Mini Marathon
18,000
Making Strides Against Breast Cancer
15,782
Thanksgiving Day 10K
15,000
MLB All-Star Color Run
13,000
March for Babies
11,000
Buddy Walk
6,000
Queen Bee Half Marathon
5,100
Freestore Foodbank’s Hunger Walk and 5K Run
3,950
Girls on the Run Greater Cincinnati Spring 5K
3,629
Walk Ahead for a Brain Tumor
2,984
Redlegs Run 10K and 5K
2,895
Girls on the Run Greater Cincinnati Fall 5K
2,041
PurpleStride Cincinnati
2,000
Bockfest 5K
1,207
OTR 5K Race
400
Superhero Run for Kids
Freestore Foodbank Hunger Walk Participants
Joe Simon, courtesy of Freestore Foodbank
Redlegs Run
Making Strides Against Breast Cancer Walk
The Cincinnati Reds
Drew and Carol Cromer
Gapper’s Kids Fun Run
Freestore Foodbank Hunger Walk Participants
Joe Simon, courtesy of Freestore Foodbank
The Cincinnati Reds
Cincy Red Bike saw continued success with its
bike-sharing program with 21 new stations in 2015,
including three new locations downtown. With a
total of 50 stations in Cincinnati and Northern Kentucky,
Red Bike is the 4th largest B-Cycle bike share system in
the country. Construction of the Cincinnati Streetcar was
also completed in 2015, with the launch of passenger
service expected in September 2016.
ACCESS
AND
TRANSIT
Streetcar and Bicyclists
Cincy Red Bike
ACCESSTRANSITACCESSTRANS
MONTHLY PARKING
There are 37,677 total monthly parking spaces in the Central Business District, Over-theRhine, and Pendleton. The average monthly rate for these garages and surface lots is $80.
Several garages are currently under construction, including the garage at the new mixed-use
development at Eighth and Sycamore as well as additional parking at The Banks.
DOWNTOWN CINCINNATI
MONTHLY PARKING
$160
37,677
40,000
35,000
30,000
$140
$120
25,000
$100
20,000
$80
$80
15,000
$60
10,000
$40
5,000
$20
Reserved Monthly Spaces
Available Monthly Spaces
Average Available Monthly Price
Construction at the Banks
0
$0
2011
I
I
I
2015
Travis Estell
Source: Data reported by parking operators
Note: Reflects price per available space at year-end for monthly parking in garages and surface lots surveyed in the Central Business District, Over-the-Rhine and Pendleton.
PUBLIC TRANSIT
Cincy Red Bike continues to expand its footprint, adding three new stations in the Central
Business District and Pendleton. Zipcar also added a new location in the Central Business
District. The Cincinnati Streetcar, which will officially launch in September 2016, completed
construction in 2015. The streetcar will be in operation seven days a week, with 18 stops along
its route. Metro launched two new mobile applications in 2015, Trans App and Bus Detective,
which serve as convenient and accurate sources for bus riders to track and plan their bus routes.
LEGEND:
Cincinnati Streetcar
route
Metro,
Government Square
Red Bike stations
Southbank Shuttle
Tank, The Bus Stop
ZipCar locations
Government
Square
Tank, The
Southbank Bus Stop
Shuttle
Note: For more information on public transportation and links to schedules and rates, visit downtowncincinnati.com.
Aronoff Center for the Arts
Macy’s Downtown Dazzle
Streetcar and bicyclists
Central Parkway
Main Street, April 2015
Travis Estell
Travis Estell
DOWNTOWN CINCINNATI INC.
ANNUAL REPORT
Scripps Tower
The Cincinnati Reds
ANNUALREPORTANNUALREPORT
2015 HIGHLIGHTS AND ACCOMPLISHMENTS
• The 2015 Downtown Perceptions Survey, available August 4
to September 30, demonstrated improved positive perceptions
about downtown. Of respondents who reported visiting at
least four times in the last year, 84% had an overall positive
impression of the Central Business District, 81% believe it is
safe, and 83% believe it is clean.
TABLE OF
CONTENTS
Safe and Clean
41
• In February, Downtown Cincinnati Incorporated’s (DCI)
marketing materials received two Addy Awards from the
Cincinnati Advertising Club – winning Silver for the street
pole banners and Gold for the holiday TV commercial.
Marketing and
Communications
42
Stakeholder Services
43
• DCI’s Social Service Outreach Coordinators had 7,533 contacts
and interactions with panhandlers, social service providers,
and landlords to help move individuals into housing facilities
in 2015. They successfully moved 38 people into permanent
housing.
Independent Auditors’
Report
44
• Downtown Cincinnati Gift Card sales were 23% ahead of
2014 totaling $359,992 in 2015.
• DCI played a leading role with the Community Organizing
Committee of the 2015 All-Star Game to produce the Batter
Up Bash, a community celebration held on Fountain Square
that featured rappelling and fireworks.
Financial Statements
45
DCI Board of Directors 53
DCI Members
56
DCI Staff
59
• The Downtown Welcome Bag program was expanded with
2,067 bags distributed to new downtown workers and residents,
including Huntington Bank, The Greater Cincinnati & Northern
Kentucky Film Commission, League of Women Voters, The
Brandery, and residential developments such as One Lytle Place,
Current at the Banks and The Reserve at 4th & Race.
• In August 2015, the Ambassadors received iPhones to track
their daily activity with the new Smart System app. The data
collected is used to track the locations and frequency of quality
of life issues including graffiti, panhandling and street light
outages to address issues quickly and efficiently.
DOWNTOWN CINCINNATI INC. ANNUAL REPORT I 40
SAFE AND CLEAN
Enhancing the safe, clean, and welcoming environment of downtown Cincinnati.
Welcoming Our Visitors
Downtown Ambassadors ensured that the hundreds of thousands of visitors to
downtown for the 86th All-Star Game saw friendly and welcoming faces. Each
day, more than 30 Ambassadors put a human face on the downtown experience
for guests, offering directions, distributing retail guides and information, answering general questions about downtown, and even providing umbrellas on rainy
days. The Ambassadors also provided safety escorts, answered calls to the Hot
Line, and visited businesses to check-in and share pertinent information.
Ambassador using new Smart System App
Ambassadors were each assigned an iPhone to track their daily activity with the
new Smart System app. This data is used to track the locations and frequency
of quality of life issues including graffiti, panhandling, and street light outages
so these can be addressed quickly and efficiently.
Keeping Downtown Clean & Beautiful
February proved to be one of the snowiest months on record with more than
18 inches of snow. DCI Ambassadors spent 112 hours removing snow from
public places.
DCI oversees the more than 100 free standing pots of seasonal flowers
throughout downtown, and coordinates the flowers and plants around
Government Square and Procter & Gamble on a contract basis.
Pointing the Way
Katy McHenry
The Central Business District (CBD) was awarded the best score possible on
the Monthly Litter Index reports conducted by Keep Cincinnati Beautiful. To
ensure this positive outcome, the Downtown Ambassadors removed over
429 tons of trash, which is enough to fill more than 163 large construction
dumpsters. The Ambassadors also removed 4,771 instances of graffiti and
power washed 374 block faces within the CBD.
Working With The Community
Ambassador escorting students
from the Armleder School
There is a strong and strategic focus on reducing panhandling in the CBD. In
January, DCI launched a Panhandling Education Program, Give Responsibly,
designed to raise public awareness about the issue and encourage the public
to contribute to organizations that help the homeless rather than giving money
directly to panhandlers. DCI’s Social Service Outreach Coordinators had 7,533
contacts with panhandlers, social service providers, and landlords to help
move individuals into housing facilities. They successfully moved 38 people
into permanent housing.
During the fall, DCI’s Outreach Specialist conducted a demographic survey
of the population that sleeps overnight on Third Street. The results from the
survey will help inform DCI’s work plan to move as many individuals as possible
into services and housing.
41 I DOWNTOWN CINCINNATI INC. ANNUAL REPORT
MARKETING AND COMMUNICATIONS
Advancing the image, awareness, and usage of downtown Cincinnati as a vibrant hub of activity
for people to live, work, dine, shop, and play.
Celebrating The City
During the 2015 All-Star Week, DCI partnered with ArtsWave to provide
programming throughout downtown, with performances from Elementz,
Cincinnati Boy Choir, McGing Irish Dancers, Cincinnati Shakespeare Company
and others. DCI played a leading role with the Community Organizing Committee of the 2015 All-Star Game to produce the Batter Up Bash, a community
celebration held on Fountain Square that featured rappelling and fireworks.
McGing Irish Dancers
The DCI Marketing Committee, made up of 25 stakeholders, met throughout
2015 to share information and facilitate collaboration. The committee learned
about the Cincinnati Flower Show, NewCo Start-up Festival, Public Library’s On
the Same Page program, Cincinnati Food+Wine Festival, Lumenocity, Cincinnati
Music Festival, Cincinnati Bell’s new mobile app, the Cincinnati Streetcar and
more programs.
Spending The Holidays Downtown
Macy’s Downtown Dazzle, in its 11th year, drew large crowds to Fountain
Square for all three nights of rappelling and fireworks. In 2015, DCI enhanced
programming at Carew Tower to accompany the popular “A Tribute to the
Shillito’s Elves” display, by adding Story Time with Miss Emily (from the
Booksellers on Fountain Square), Merry Mascots from the Cincinnati Bengals
and Reds, and choirs from ArtsWave’s CincySings competition.
Santa at Macy’s Fountain Place
An updated holiday e-catalog called the 12 Days of Downtown Christmas
featured unique experiences as well as gift ideas from many downtown
organizations and merchants, including the Cincinnati Ballet, Friends Shop
at the Library, and Saks Fifth Avenue. Downtown merchants and events were
featured on 21 live TV interviews during a five-week period, with a total earned
media value of $71,909,678.
Promoting Local Businesses
Sales of the Downtown Cincinnati Gift Card, now accepted at more than 200
establishments, were 23% ahead of 2014 totaling $359,992 in 2015.
Storytime at Carew Tower
In February, DCI’s marketing materials received two Addy Awards from the
Cincinnati Advertising Club – winning Silver for the street pole banners and
Gold for the holiday TV commercial. Window posters promoting Shop Local, Eat
Local and Play Local with images from restaurants and shops were installed in
the former Closson’s space at Fourth and Race, the former Local’s space on
Seventh Street, and at Sixth and Elm streets.
More than 120 stakeholders attended the Summer Retailer Kickoff to learn
more about Smale Riverfront Park, the Cincinnati USA Convention & Visitors
Bureau’s new Certified Tourism Ambassador program, and the 2015 All-Star
Game. The Holiday Retailer Kickoff meeting was attended by more than 100
stakeholders, who heard about holiday events and programs from DCI, the
Regional Tourism Network, Over-the-Rhine Chamber of Commerce, Fountain
Square and Washington Park, and the Cincinnati Police Department.
STAKEHOLDER SERVICES
Supporting and advocating for business and residential growth in downtown Cincinnati.
Calling Downtown Home
The Downtown Welcome Bag program was expanded with 2,067 bags distributed
to new downtown workers and residents. Huntington Bank, The Greater Cincinnati
& Northern Kentucky Film Commission, The Brandery, and residential developments
such as One Lytle Place, Current at the Banks and The Reserve at 4th & Race
received welcome bags with promotional items from downtown establishments
including restaurants, retailers, museums, and transit organizations.
DRC Meeting
DCI participated on the board of the Downtown Residents Council (DRC), coordinating its speaker program which included Judge Kim Burke, Drug Court, Hamilton
County; Dr. Bernard Lenchitz, UC Primary Health Downtown; Mike King, Cincinnati
Streetcar--Messer Construction; Jerry Hounchell, Macy’s; Alecia Kintner, Artswave;
Oscar Bedolla, City of Cincinnati, and many others.
DCI helped to coordinate a DRC/DCI welcome session for new residents of Seven at
Broadway and assisted the DRC in developing a Daily Meals schedule for DRC members
to distribute to those in need.
New And Expanding Businesses
Spring Planters on 4th Street
Downtown Orientation sessions, offering information about how to get around, safety,
dining and entertainment options, and upcoming events were provided to more than
500 employees of new and growing companies such as 84.51°, Kroger Personal
Finance, Gaslight and Cincinnati Bell. Metro and Cincinnati Red Bike joined DCI in
welcoming employees to their new spaces.
In preparation for the 2015 All-Star Game, DCI staff and Ambassadors updated the
downtown building vacancy survey. Information was provided to partner organizations
participating in downtown beautification projects that included displays in vacant
spaces. A map with available retail space was posted to DCI’s website.
DCI provided research and data support to real estate firms, brokers, commercial and
residential developers, and others, such as The Banks, the City of Cincinnati, and the
Mayerson Foundation. DCI also published quarterly parking and residential availability
surveys, listing parking and residential rental rates, and availability on its website.
In December DCI hosted a meeting for non-food, independent retailers with the City’s
Economic Development department to obtain their input for the City’s forthcoming
retail strategy.
Queen City Square
Thadd Fiala
Learning More About Downtown
The 2015 Downtown Perceptions Survey was available from August 4 to September
30 with outreach to partners including the Public Library of Cincinnati and Hamilton
County, Metro, the City of Cincinnati, the Cincinnati USA Chamber, 3CDC, and Horseshoe Casino. On-site promotion of the survey, coordinated by LaVerdad Marketing,
was conducted at the Black Family Reunion and Cincinnati Hispanic Fest. Survey
results demonstrated improving positive perceptions about downtown. Of respondents
who reported visiting at least four times in the last year, 84% had an overall positive
impression of the Central Business District, 81% believe it is safe, and 83% believe
it is clean.
Independent Auditors’ Report
Board of Directors
Downtown Cincinnati, Inc.
Cincinnati, Ohio
We have audited the accompanying financial statements of Downtown Cincinnati, Inc. (DCI) (a nonprofit
organization), which comprise the statements of financial position as of December 31, 2015 and 2014 and
the related statements of activities and cash flows for the years then ended, and the related notes to the
financial statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes
the design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
Auditor's Responsibility
Our responsibility is to express an opinion on these financial statements based on our audits. We
conducted our audits in accordance with auditing standards generally accepted in the United States of
America. Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free of material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on the auditor's judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or
error. In making those risk assessments, the auditor considers internal control relevant to the entity's
preparation and fair presentation of the financial statements in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of
the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating
the appropriateness of accounting policies used and the reasonableness of significant accounting
estimates made by management, as well as evaluating the overall presentation of the financial
statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinion.
Opinion
In our opinion, the financial statements referred to above, present fairly, in all material respects, the
financial position of DCI as of December 31, 2015 and 2014 and the changes in its net assets and its
cash flows for the years then ended in conformity with accounting principles generally accepted in the
United States of America.
March 17, 2016
Cincinnati, Ohio
STATEMENTS OF FINANCIAL POSITION
December 31, 2015 and 2014
2015
Assets
Cash and cash equivalents
Certificates of deposit
Contracts, grants and accounts receivable
Unbilled receivables
Prepaid expenses
Property and equipment, net
2014
$490,061
299,819
150,953
131,065
6,527
75,528
$486,129
249,950
400,152
198,802
6,490
48,036
$1,153,953
$1,389,559
$227,196
32,650
$412,598
83,326
Total liabilities
259,846
495,924
Unrestricted Net Assets
894,107
893,635
$1,153,953
$1,389,559
Total assets
Liabilities and Net Assets
Liabilities
Accounts payable and accrued expenses
Advanced memberships
Total liabilities and net assets
STATEMENTS OF ACTIVITIES
Years Ended December 31, 2015 and 2014
2015
2014
Unrestricted revenues and support
DCID contract: Special Improvement District
Service agreements
Memberships
Holiday, directory sponsorships and special events
In-kind donations
Other income
Interest income
$2,284,500
217,935
142,937
93,955
15,739
32,701
1,324
$2,275,500
308,285
140,025
104,392
27,537
12,300
1,406
Total unrestricted revenues and support
2,789,091
2,869,445
2,772,880
15,739
2,758,042
27,537
2,788,619
2,785,579
472
83,866
893,635
809,769
$894,107
$893,635
Expenses
Operating
In-kind
Total expenses
Change in unrestricted net assets
Unrestricted net assets, beginning of year
Net assets, end of year
STATEMENTS OF CASH FLOWS
Years Ended December 31, 2015 and 2014
2015
Cash flows from operating activities
Change in net assets
Adjustment to reconcile change in net assets to
net cash provided by operating activities:
Depreciation
Changes in:
Contracts, grants and accounts receivable
Unbilled receivables
Prepaid expenses
Accounts payable and accrued expenses
Advanced memberships
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of certificates of deposit
Certificate of deposit maturities
Purchase of property and equipment
Net cash used in investing activities
Net change in cash and cash equivalents
Cash and cash equivalents, beginning of year
Cash and cash equivalents, end of year
2014
$472
$83,866
22,194
8,882
249,199
67,737
(37)
(185,402)
(50,676)
(223,307)
72,027
659
(12,247)
1,225
103,487
(68,895)
(350,663)
300,794
(49,686)
(301,012)
300,754
(45,352)
(99,555)
(45,610)
3,932
(114,505)
486,129
600,634
$490,061
$486,129
NOTES TO FINANCIAL STATEMENTS
NOTE 1
SUMMARY OF
SIGNIFICANT
ACCOUNTING
POLICIES
NATURE OF OPERATIONS
Downtown Cincinnati, Inc. (DCI or the Organization) is a nonprofit corporation organized
to enhance downtown Cincinnati through safe and clean programs, communications and
marketing programs, and stakeholder services including assisting small women-owned and
minority-owned firms. DCI receives contributions from Cincinnati area companies and
foundations; and also receives funds from assessments on all downtown properties to
take leadership in the revitalization of downtown.
FINANCIAL STATEMENT PRESENTATION
The financial statements have been prepared on the accrual basis of accounting in
accordance with generally accepted accounting principles (GAAP). The Organization is
required to report information regarding its financial position and activities according to
three classes of net assets: unrestricted net assets which have no donor-imposed
restriction; temporarily restricted net assets which have donor-imposed restrictions that
will expire in the future; and permanently restricted net assets which have donor-imposed
restriction which do not expire. There are no temporarily or permanently restricted net
assets at December 31, 2015 and 2014.
CASH AND CASH EQUIVALENTS
The Organization considers all liquid investments with original maturities of three months or
less to be cash equivalents. At December 31, 2015 and 2014, cash equivalents consists
of a money market account. The Organization maintains its cash in bank deposit accounts
which, at times, exceed federally insured limits. The Organization has not experienced any
losses in such accounts and management believes it is not exposed to any significant
credit risk.
CERTIFICATES OF DEPOSIT
Certificates of deposit are carried at cost which approximates fair value. The certificates
held at December 31, 2015 mature on various dates during 2016.
CONTRACTS AND ACCOUNTS RECEIVABLE
Contracts and accounts receivable consist of reimbursements due under contract
agreements and general accounts receivable. The Organization provides an allowance for
doubtful accounts, which is based upon a review of outstanding receivables, historical
collection information and existing economic conditions. Delinquent receivables are written
off based on individual credit evaluation and specific circumstances. As of December 31,
2015 and 2014, management considered all receivables to be collectible; therefore, no
allowance was necessary.
UNBILLED RECEIVABLES
Under the Special Improvement District (SID) contract through Downtown Cincinnati
Improvement District (DCID), SORTA and Hamilton County Office of Reentry, the
Organization bills actual monthly expenses the following month. Unbilled receivables
represent December SID, SORTA and Hamilton County Office of Reentry expenses to be
billed in January of the following year. Also included in unbilled receivables at December
31, 2015 and 2014 were December consignment sales of promotional products
(Commemorative Rookwood Tiles) billed in January of the following year.
NOTES TO FINANCIAL STATEMENTS (continued)
NOTE 1
SUMMARY OF
SIGNIFICANT
ACCOUNTING
POLICIES
(Continued)
PROPERTY AND EQUIPMENT
Property and equipment are recorded at cost or at fair value as of the date of the
contribution. Depreciation is provided using the straight-line method over the estimated
useful lives of the respective assets. The cost of maintenance and repairs are expensed
as incurred while significant improvements are capitalized.
CONTRIBUTIONS
The Organization records gifts of cash and other assets at their fair value as of the date
of contribution. Such donations are recorded as unrestricted support unless explicit
donor stipulations specify how the donated assets must be used. Gifts that are originally
restricted by the donor and for which the restriction is met in the same time period are
recorded as unrestricted support.
Gifts of long-lived assets with explicit restrictions that specify how the assets are to be
used and gifts of cash or other assets that must be used to acquire long-lived assets are
reported as restricted support. Absent explicit donor stipulations about how long-lived
assets must be maintained, the Organization reports expirations of donor restrictions
when the donated or acquired long-lived assets are placed in service.
IN-KIND DONATIONS
The Organization receives certain in-kind donations during the year, which are recorded
at fair market value as contribution revenue and an expense in the financial statements.
ADVANCED MEMBERSHIPS
Memberships received in advance are deferred and recognized in the period to which the
memberships relate.
INCOME TAXES
The Organization is exempt from income taxes under Section 501(c)(3) of the Internal
Revenue Code and a similar provision of Ohio law. However, the Organization is subject
to federal income tax on any unrelated business taxable income.
The Organization’s IRS Form 990 is subject to review and examination by federal and
state authorities. The Organization believes it has appropriate support for any tax
positions taken, and therefore, does not have any uncertain income tax positions that
are material to the financial statements.
FUNCTIONAL ALLOCATION OF EXPENSES
The costs of supporting the various programs and other activities have been
summarized on a functional basis in the notes to the financial statements. Expenses
have been classified based upon the actual direct expenditures and cost allocations
based upon estimates of time spent by Organization personnel.
NOTE 1
SUMMARY OF
SIGNIFICANT
ACCOUNTING
POLICIES
(Continued)
USE OF ESTIMATES
The preparation of financial statements in conformity with accounting principles generally
accepted in the United States of America requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and the reported
amounts of revenues and expenses during the reporting period. Actual results could differ
from those estimates.
SUBSEQUENT EVENT EVALUATION
In preparing its financial statements, the Organization has evaluated events subsequent
to the statement of financial position date through March 17, 2016, which is the date the
financial statements were available to be issued.
NOTE 2
PROPERTY AND
EQUIPMENT
Property and equipment consisted
of the following:
Computer equipment
2015
2014
$63,411
$60,300
Smart phone application
45,000
—
Signage and other
33,044
31,891
Office equipment
24,608
24,608
9,440
9,018
175,503
125,817
(99,975)
(77,781)
$75,528
$48,036
Computer software
Less accumulated depreciation
Depreciation expense was $22,194
in 2015 and $8,882 in 2014.
NOTE 3
CONCENTRATION /
SPECIAL IMPROVEMENT
DISTRICT
NOTE 4
OTHER SERVICE
CONTRACTS
DCI entered into a Special Improvement District contract with Downtown Cincinnati
Improvement District (DCID) which expires on December 31, 2017. DCID is a special
assessment of downtown property owners, which purchase the services of DCI.
Approximately 82% of revenues in 2015 and 78% in 2014, and 74% of the receivables
in 2015 and 87% in 2014 are related to the Special Improvement District contract.
DCI had contracts with the Fountain Square Management Group to clean Fountain Square and
OTR Holdings to clean certain areas in Over-the-Rhine. These contracts ended in April 2014.
DCI expended $-0- in 2015 and $95,350 in 2014 in connection with these contracts.
DCI also has a contract with SORTA to clean Government Square, bus stops and shelters in the
central business district and Hamilton County Office of Reentry to provide outreach services.
DCI expended $195,017 in 2015 and $204,349 in 2014 in connection with these contracts.
NOTE 5
LEASE
COMMITMENTS
The Organization leases office space and various equipment under operating leases that
will expire in 2017. Rent expense for these leases was $67,482 in 2015 and $67,452
in 2014.
Future minimum lease payments are as follows:
2016
$67,482
2017
66,584
$134,066
NOTE 6
401(K) PLAN
For the year ended December 31, 2014, DCI participated in a multi-employer 401(k) plan
sponsored by the Cincinnati USA Regional Chamber of Commerce (Chamber). The
Organization matched up to 5% of the employees’ contributions to the plan. Participants
vested in employer contributions 20% each year and are fully vested after five years.
During 2015, DCI was notified that they were no longer able to participate in the Chamber
401(k) plan and established a new stand-alone plan to which participant balances were
rolled-over and future contributions will be made. DCI established this new defined
contribution 401(k) plan, effective October 1, 2015. The new plan requires the
Organization to match up to 5% of the employees’ contributions to the plan. Participants
vest in employer contributions 20% each year and are fully vested after five years.
Total contributions to both plans were $25,290 for 2015 and $24,050 for 2014.
NOTE 7
FUNCTIONAL
ALLOCATION OF
EXPENSES
The costs of supporting the various programs and other activities of the Organization have
been summarized below. Expenses have been classified based upon the actual direct
expenditures and cost allocations based upon estimates of time spent by Organization
personnel.
2015
Program services
2014
$2,433,455
87.2%
$2,463,563
88.6%
General and administrative
202,670
7.4%
194,787
6.9%
Fundraising
152,494
5.4%
127,229
4.5%
$2,788,619
100.0%
$2,785,579
100.0%
Chief Isaac Swearing in Ceremony
Underground Railroad Freecom Center
Brain Camp at the Main Library
Bru Burger Construction at 6th and Walnut
Channel 9 interviewing Ambassador
Public Library of Cincinnati and Hamilton County
Thadd Fiala
Cincinnati Bengals Taking the Field
Sundry and Vice
Courtesy of the Cincinnati Bengals
DOWNTOWN CINCINNATI INC. BOARD OF DIRECTORS
Executive Committee
Mayor John Cranley
Honorary Chair
Mayor,
City of Cincinnati
Edward D. Diller
Chair
Partner-in-Charge,
Taft Stettinius and Hollister LLP
Jill P. Meyer
Immediate Past Chair
President and Chief
Executive Officer,
Chamber
Elizabeth P. Sherwood
Vice Chair
Vice President,
Community Development,
Huntington National Bank
Adam Gelter
Executive Vice President,
Cincinnati Center City
(3CDC)
David N. Ginsburg
President and
Chief Executive Officer,
Commissioner Greg Hartmann
(as of January 8, 2015)
President,
Hamilton County Board
of Commissioners
Wijdan Jreisat
Attorney at Law,
Katz, Teller, Brant and Hild
Ryan M. Rybolt
Secretary
President,
Infintech LLC
Arlene R. Koth
Vice President,
Administration
and Human Resources,
TriVersity Construction
Company
David A. Eshman
Treasurer
(through March 31, 2015)
Partner,
Deloitte LLP
Commissioner Christopher Monzel
(through January 7, 2015)
President,
Hamilton County Board
of Commissioners
Mike Fox
Treasurer
(as of April 1, 2015)
Partner,
Deloitte LLP
William J. Moran
Senior Vice President,
Director of Corporate Facilities
Fifth Third Bank
Harry Black
City Manager,
City of Cincinnati
Jim T. Neyer
Executive Vice President,
Real Estate Development,
Al Neyer LLC
Kevin Shibley
General Manager,
Saks Fifth Avenue
Directors
Tim Abbott
Government and
Community Relations
Manager,
Duke Energy
Eric P. Avner
Vice President and Senior
Program Manager,
The Carol Ann and Ralph V.
Haile, Jr. /U.S. Bank Foundation
Chief Jeffrey Blackwell
(through September 9, 2015)
Cincinnati Police Department
Sam Bortz
Financial Advisor,
Raymond James & Associates
Paul Brown
Vice President,
Cincinnati Bengals
Gary Bryson
(as of April 16, 2015)
President,
Downtown Residents Council
Ashley Buchanan
Assistant Vice President,
Director Queen City Square
Management,
Eagle Realty Group
A member of Western and Southern
Financial Group
DCI Board of Directors (continued)
Brian T. Carley
(through July 10, 2015)
President and Chief
Executive Officer,
Chamber
Nelson Castillo
Partner,
Prime 47 Cincinnati
Cristina Chuecos
Consultant,
Diversity and Global
Competency,
Wisdom Nuggets, LLC
Deborah Dent
Executive Director,
The Cincinnati International
Wine Festival
Daniel J. Eifert
Vice President,
Property Management
Hines
David A. Eshman
Partner,
Deloitte LLP
Kimber L. Fender
The Eva Jane Romaine
Coombe Director,
The Public Library of Cincinnati
and Hamilton County
Dwight Ferrell
Chief Executive Officer and
General Manager,
Metro
Mary Sue Findley
Vice President,
Human Resources
84.51°
Kevin Finn
President and Chief
Executive Officer,
Strategies to End
Homelessness
Karen Forgus
Senior Vice President of
Business Operations,
Cincinnati Reds
Kathleen Gilbey
General Manager,
The Westin Cincinnati
Carl L. Goertemoeller
Real Estate,
Macy’s Inc.
Barbara Hauser
Manager,
Ohio Community Relations,
The Procter and Gamble
Company
Dr. Julia A. Heath
Executive Director of the
Economics Center and
Professor, Alpaugh Family
Chair of Economics,
University of Cincinnati
Robert R. Heidenreich
Senior Vice President/
Market Leader,
PNC Bank
Dr. LaVaughn M. Henry, Ph.D.
Vice President and Senior
Regional Officer,
Federal Reserve Bank of
Cleveland - Cincinnati Branch
Craig Hudson
(through April 15, 2015)
President,
Downtown Residents Council
Emilie Johnson
President,
Over-the-Rhine Chamber
Steven T. Kenat
Principal Director,
GBBN Architects, Inc.
Kevin Kline
(through November 13, 2015)
Senior Vice President and
General Manager,
Horseshoe Casino
Kelly Kolar
President,
Kolar Design
Daniel M. Lincoln
President and Chief
Executive Officer,
Cincinnati USA Convention
and Visitors Bureau
James J. McGraw, Jr.
Partner,
Keating Muething and
Klekamp PLL
DCI Board of Directors (continued)
Gregory A. Otis
GO! Creative & GO! Futures LLC
Julia W. Poston
Office Managing Partner,
Ernst and Young LLP
Sherri Prentiss
Vice President, Marketing,
Cincinnati Symphony
Brian A. Ross
Sean Rugless
President and
Greater Cincinnati/Northern
Kentucky African American
Chamber of Commerce
Wm. John Ryan
(through March 31, 2015)
Greater Cincinnati–Northern
Kentucky Complex Manager,
Investments,
Raymond James and Associates
Karen Seiter
Vice President, Manager
Corporate Real Estate,
Fifth Third Bank
Jamie Smith
Publisher,
Cincinnati Business Courier
Pete Strange
(July 13– September 14, 2015)
Interim President and
Cincinnati USA Regional Chamber
Stephen Taylor
LeVon Thompson, Jr.
President and Chief
Operating Officer,
Foxx Construction, LLC
Todd A. Uterstaedt
President and Chief
Executive Officer,
Baker & Dabol, LLC
Stanford T. Williams, Jr.
Vice President,
Economic Inclusion,
Messer Construction Company
Mark P. Woodruff
Senior Brand Marketing Manager,
Enquirer Media
2015 DOWNTOWN CINCINNATI INC. SUPPORTING MEMBERS
Visionaries ($2,500 and up)
Duke Energy
The Procter & Gamble Company
Standard Textile Company, Inc.
Ernst & Young LLP
Fifth Third Bank
KMK Consulting Company, LLC
Western & Southern Financial
Group/Eagle Realty Group
Huntington National Bank
Macy’s, Inc.
Frost Brown Todd LLC
General Electric Aviation
84.51°
Horseshoe Casino
Cintas Corporation
PNC Bank
Champions ($2,000-$2,499)
Cincinnati Reds
Deloitte LLP
Federal Home Loan Bank
of Cincinnati
Hixson Architecture,
Engineering, Interiors
Pure Romance
Taft Stettinius & Hollister LLP
The Kroger Company
Ulmer & Berne LLP
Leaders ($1,000-$1,999)
Bartlett & Company
Castellini Company LLC
CBRE
Cincinnati Bengals
Chamber
Clark Schaefer Hackett
Colliers International
Greater Cincinnati
CR Architecture + Design
Dinsmore & Shohl LLP
DTZ
Enquirer Media
Freestore Foodbank
Frisch’s Restaurants, Inc.
Fund Evaluation Group, LLC
GBBN Architects
Greyhound Lines, Inc.
Heidelberg Distributing Company
Hilton Cincinnati Netherland
Plaza Hotel
Hines
Hyatt Hotels and Resorts
Local 12 WKRC-TV
LPK Design
Messer Construction Company
Moerlein Lager House
Pamela and David Ginsburg
Plante & Moran, PLLC
Renaissance Cincinnati
Downtown Hotel
Rookwood Pottery Company
Saks Fifth Avenue
SP Plus Parking
Strauss & Troy
Thompson Hine LLP
US Bank
Via Vite
Wood, Herron & Evans, LLP
Patrons ($500-$999)
21c Museum Hotel Cincinnati
3CDC, Cincinnati Center City
Al. Neyer, LLC
Anchor Associates
Antonelli College
AT&T Ohio
Baker & Daboll, LLC
Barnes Dennig
BKD, LLP
Block by Block
Budco Group, Inc.
Christ Church Cathedral
Cincilingua Inc. International
Language Center
Cincinnati Arts Association
Cincinnati Business Courier
Cincinnati Symphony Orchestra
Cincinnati USA Convention
and Visitors Bureau
Comey & Shepherd Realtors
Contemporary Arts Center
Contract Sweepers
First Financial Bank
First Group America
Foxx Construction
Gaslight
HGC Construction
JDL Warm Construction
Jeffrey R. Anderson Real Estate, Inc.
Katz, Teller, Brant & Hild
Klosterman Baking Company
LAZ Parking Realty Investors
Metro
Michael Schuster Associates, Inc.
Model Group
Nicholson’s Pub LLC
Pierre Collet
Raymond James & Associates
RiverPoint Capital Management
Spectra Venue Management
Starboard Strategy
TechSoft Systems, Inc.
The Plant Trolley, Inc.
THP Limited Inc.
Tiffany & Co.
Time Warner Cable - Business Class
Tom and Chee LLC
TriVersity Construction Company
DCI Members (continued)
Advocates ($250-$499)
1919 Investment Counsel
Acme Lock Inc.
Allpro Parking
American Modern Insurance Group
American Red Cross
Arnold’s Bar & Grill
ArtsWave
ArtWorks
Ascribe
Ashley Commercial Group
BB&T
Bonnie K. White & Associates, Inc.
Brandstetter Carroll Inc.
Burgess & Niple, Inc.
Burke & Schindler PLL
Cadre Computer Resources Co.
Centric Consulting
Cincinnati Bar Association
Cincinnati Development Fund, Inc.
Cincy Brew Bus
Cincy Magazine
Covenant First Presbyterian Church
David and Linda Yip
Ensemble Theatre of Cincinnati
Findlay Market
Foundation Bank
FRCH Design Worldwide
Garfield Suites Hotel
Glaserworks
Global Cloud
Goodson and Company, Ltd.
Graeter’s Manufacturing Company
Greater Cincinnati Automobile
Dealers Association
GreenSource Cincinnati
Infintech, LLC
Integrated Research Associates
Jeff Ruby’s
Keys & Simpkinson
Kolar Design, Inc.
Manley Burke
MCM CPAs & Advisors
Mellott & Mellott, P.L.L.
Newmark Grubb Knight Frank
Cincinnati Commercial, REALTORS
NSG, Inc.
OKI Regional Council of
Governments
Pepper Construction Company
of Ohio, LLC
Port of Greater Cincinnati
Development Authority
Prime 47
R.G. McGraw Insurance Agency, Inc.
Red Bike
Palomino Rotisserie and Bar
Sanger & Eby
Sibcy Cline - Christine Schoonover
& George Verkamp
Statman Harris & Eyrich
Steven Kenat
Stock Yards Bank & Trust
TDA Associates, Inc.
The Carol Ann & Ralph V. Haile,
Jr./U.S. Bank Foundation
The Greater Cincinnati Foundation
The Phoenix Restaurant Group
Trattoria Roma
UC Health Primary Care
Downtown Office
United Way of Greater Cincinnati
Urban Sites Limited Liability
Company
US Digital Partners
Whitmer & Company CPAS, LLP
Wisdom Nuggets LLC
Friends and Non-Profit
Organizations ($100-$249)
5th Street Gallery
Airrosti Rehab Centers, LLC
Appointments - The Business Store
Architects Plus
Art Beyond Boundaries
ATech: Automotive Technology
Bang & Olufsen Cincinnati
Barbara J. Howard Co. LPA
BDO USA, LLP
Below Zero Lounge
Broadway in Cincinnati
Bromwell’s Hearth and Home
Business Intelligence Inc.
Cincinnati Art Galleries, LLC.
Cincinnati Art Museum
Cincinnati Business Committee
Cincinnati Endocrine Clinic
Cincinnati Hills Christian Academy
Cincinnati Masonic Center
Cincinnati Museum Center
Cincinnati Playhouse in the Park
Cincinnati Stage Employees
Local No. 5
Cincinnati State Technical and
Community College
Cincinnati Union Bethel
Cincinnati USA Regional Tourism
Network
Cincinnati Works
City Dermatology and Laser
Coldwell Banker West Shell Mitchell Ram
Coldwell Banker West Shell Rakesh Ram
DePaul Cristo Rey High School
Eagle’s Lock and Security
Elliott Management Group
Empower MediaMarketing
Fabulous Frames and Art
Fannin Financial Group of
Wells Fargo Advisors
FORCAM, Inc.
Forza Marketing
Game Day Communications
Godbey & Associates
Goodman & Goodman
Government Strategies Group, LLC
Greater Cincinnati Northern
Kentucky African American
Chamber of Commerce
Greyhound Lines, Inc.
Hart Productions, Inc.
HHB & Partners, Inc., Realtors
DCI Members (continued)
Hilliard Lyons
Humler & Nolan
Hunt Club Clothiers Ltd., Inc.
Inner Peace Holistic Center
Integral Analytics, Inc.
ISQ CoolCo, LLC
ITA Audio Visual Solutions
Izzy’s
Jonathan Treadway
Joseph Leasing/First America
Auto Brokers
Keller Williams - Sarah Close
Kreller Companies
LaVerdad Marketing & Media
Lohre & Associates Inc.
Lucy Blue Pizza
Lynn McInturf Associates
Mark Bowen Media
MC Squared Limited, LLC
McKinney & Namei Co., LPA
Mercantile Library
Michael McInturf Architects
Mike & Carol Trotta Tailors
Morton’s Steakhouse
National Underground Railroad
Freedom Center
North Star Navigators
NorthPointe Realty
Over-the-Rhine Chamber
of Commerce
Paula Norton Photography
Photonics Graphics Inc.
Plum Street Café
Queen City Financial Advisors, LLC
REDI Cincinnati
Richter & Phillips Company
Rieder Team, Hoeting Realty
Robinson Sotheby’s International
Realty
Roosters Men’s Grooming Center
RWA Architects
Scott Knox Attorney At Law
Sibcy Cline - David Dawson
SMS Events
Social Venture Partners Cincinnati
Stout & Gallant
Strategies to End Homelessness
Taft Museum of Art
Terry Monnie Title Company
The Booksellers on Fountain Square
The Garage OTR
The Gym at Carew Tower
The Library Friends’ Shop
The Not Dead Yet Generation
The Preview Group, Inc.
The Public Library of Cincinnati and
Hamilton County
The RCF Group
The Reserve at 4th and Race
The Soapbox Salon
The University Club of Cincinnati
Theatre Management Corporation
Thesing Real Estate Services, Inc.
Thomas D Heldman CPA &
Associates, Inc
Thomas Powers
Tom Deutsch Jr., Coldwell Banker
West Shell
University of Cincinnati
UPS Store
Upside Down Holdings LLC
Uptown Consortium, Inc.
Vehr Communications
Venue 222
Vestige Redevelopment Group
Walter E. Gay, Jr., D.D.S., Inc.
Xavier University
Neighbors ($50)
Nancy Allen
Mary Armor
Bonnie Bagwell
Geoffrey Barnes
Donnell Bell
Tom Besanceney
Paula Brehm-Heeger
Kathleen and George Brinkman
Gary Bryson
Jackie Bryson
Justin Christian
Greg Edwards
Susie Fegelman
Jason Finnell
Enid and Marshall Ginsburg
Carol and Mike Glotfelter
Kurt Grossman
Kathryn Haines
Dr. LaVaughn Henry
Karlee Hilliard
Mary and Craig Hudson
Thomas Huenefeld
Alison Kamine and Bob Bloom
Lisa Kaminski
Thomas Kilcoyne
Susan Lennard
Mary McCord-Berry
John McDaniel
Martha McGlinchey
Michelle Morales-Denisoff
Daniel Moroski
LaWana Moroski
Phil Morrical
John Nunns
Michael Ohmer
Mark Painter
Michael Pardo
Cinnamon Pelly
Rick Pender
Ellie Reiser
Todd Schlosser
Bill Schmidt
Kevin Schuitema
Andy Scott
Jalea Stowers-Grimes
Wayne Taleff
Jeffrey Waite
Cynthia Walker
Peg Weber
Joan and James Wichman
STAFF
David N. Ginsburg, President and CEO
Chico Lockhart, Social Service Outreach Coordinator
Patricia Casey, Administrative Manager
Ron Mabry, Social Service Outreach Coordinator
Markita Coach, Operations Manager,
Julie McGuire, Administrative Assistant
Ambassador Services
Mindy Rosen, Senior Vice President of Communications
Cate Douglas, Research and Business
and Strategic Initiatives
Outreach Manager (beginning December 2015)
Tricia Suit, Director of Marketing
Zac Finch, Director of Ambassador Services
David Thomas, Director of Ambassador Services
(beginning December 2015)
(ending December 2015)
Shelly Fuller, Director of Operations
Gina Gartner Beraha, Director of Stakeholder
and Information Services (ending December 2015)
Smale Riverfront Park
Ambassador cleaning graffiti
Travis Estell
Sculptures by Antonio Adams at The Weston Gallery
Aiken High School Students perform “Macbeth” as part of PROJECT38 Festival
J. Sheldon Photo, courtesy of Cincinnati Shakespeare Company
THE MISSION OF DOWNTOWN CINCINNATI INC.
IS TO BUILD A DYNAMIC METROPOLITAN CENTER
VALUED AS THE HEART OF THE REGION.
35 East Seventh Street, Suite 202
Cincinnati, OH 45202
www.downtowncincinnati.com
513.421.4440

State of Downtown Cincinnati

Transcription

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