The makings are there now and will be increasing soon. Will 4th and 5th Streets be the hub of Cincinnati Nightlife? Granted, this club is going to be a high end niche place, but that high end market can drive things on. What other locations in the area are ripe for opening bars?
This article puts another nail into Main Street as entertainment district concept, but one thing that I am not sure if everyone is seeing with the decay of Main Street is that the Main Street horde split into its own splintered locales. This club will pull the heavy dollars of the "VIP scenesters" who have been highly sought after by many area establishments. Other crowds went their own way to Northside or Covington or Mt. Lookout or even back to Mt. Adams. This club alone will not bring back the horde, but if the volume of bars can match Mt. Street at it height it could bring back many, mostly those who you would classify as the Cin Weekly target market. Yea, that is not a pleasant thought, but that is business. (Thank Zeus for Northside!)
Bringing back the hipster crowd is likely a lost cause. That group overlaps with the creative class and that is of course the key to building up the city. What I think the powers that be still don't get is that encouraging the people that live here to break out of their bubbles and do something is not really that big of a help, at least not a long term plus. Getting people to move here from outside the area is what we need and what in the long run will work. Fourth and Plum will is a good foundation to have. You need a mainstream place for people to go. Just don't let the mainstream flood the vibrancy out of Downtown.
Friday, January 19, 2007
Thursday, January 18, 2007
Temporary Jail For Women
5 Council Members and Todd Portune have a plan to build a 500 bed jail. The big question that will surely cause conflict is WHERE will it be built. That was left out of the announcement. It likely was left out because that will be a very contentious point.
Other interesting note: The Jail will be for women.
Other interesting note: The Jail will be for women.
Wednesday, January 17, 2007
Chris Bortz, Private Eye
There's a joke Tin here somewhere, but I don't have time this morning find one. Something with finding more arts funding maybe?
Desiring Streetcars!!!
This will be met by idiotic opposition but a streetcar system would be a great boost to the city and be a vital key connection between a successful Riverfront and Fountain Square District. I would expand its reach to Clifton, Northside, Hyde Park, Mt. Lookout, and the new Columbia-Tusculum Square. I would like to add Mt. Adams, but I don't think a street car could be used on the narrow winding streets.
Tuesday, January 16, 2007
Premium Condos Becoming Scarce - Where Are the Middle Market Condos?
On Sunday the Enquirer ran an interesting story about the current shortage of high end condos in the Downtown/Urban Core/Riverfront areas on both sides of the Ohio.
This is of course an overall positive sign for Downtown and Urban Core areas of the City. I don't know if it bodes as well for building up a wider socio-economic group of residents. If the goal is to building up residents of downtown, we'll have to take what we can get in the short run, but is that good for the long haul?
What downtown needs more of is not only high end, but middle or lower end condos. If you want to attract YP you must understand that the majority can't afford to buy a condo for 250,000 plus, when they can buy a house at the same price or less with at least twice the square footage. I don't know what writer Jeff Newberry defines as a YP person, but this paragraph gave me pause:
What I feel has been the overall problem with the housing efforts in Downtown is that they focus on people making six figures ($100,000 and up for those a bit slow this morning). Single people making $40,000 to $99,000 would often jump at the chance to own property below Central Parkway, but can't afford the prices. Sure, those making closer to 100K could afford the higher end if they budget correctly, but that assumes they've been making that kind of money for a few years and have savings and other means to make that kind of purchase. Saying they should is the view from the realtor and developer, not from people thinking long term and not from those who don't want to see people lose their condo when they lose their job.
At some point the high end market will dry up. We need to think middle class here. The middle class makes a community, but they can't afford to start it.
This is of course an overall positive sign for Downtown and Urban Core areas of the City. I don't know if it bodes as well for building up a wider socio-economic group of residents. If the goal is to building up residents of downtown, we'll have to take what we can get in the short run, but is that good for the long haul?
What downtown needs more of is not only high end, but middle or lower end condos. If you want to attract YP you must understand that the majority can't afford to buy a condo for 250,000 plus, when they can buy a house at the same price or less with at least twice the square footage. I don't know what writer Jeff Newberry defines as a YP person, but this paragraph gave me pause:
Market researcher and consultant Michael Dinn said the supply of central city condos is getting thin, especially those selling for between $200,000 and $300,000 that many young professionals can afford.Newberry is likely using the old fashioned YP definition of Doctors and Lawyers.
What I feel has been the overall problem with the housing efforts in Downtown is that they focus on people making six figures ($100,000 and up for those a bit slow this morning). Single people making $40,000 to $99,000 would often jump at the chance to own property below Central Parkway, but can't afford the prices. Sure, those making closer to 100K could afford the higher end if they budget correctly, but that assumes they've been making that kind of money for a few years and have savings and other means to make that kind of purchase. Saying they should is the view from the realtor and developer, not from people thinking long term and not from those who don't want to see people lose their condo when they lose their job.
At some point the high end market will dry up. We need to think middle class here. The middle class makes a community, but they can't afford to start it.
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