Cincinnati Center City Development Corporation

Last updated
Cincinnati Center City Development Corporation
Company type Non-Profit
Founded2003 in Cincinnati, Ohio
Headquarters Over-the-Rhine
Key people
  • Stephen G. Leeper (President & CEO)
  • Adam Gelter (Executive VP, Development)
  • Tim Szilasi (Senior VP & CFO)
  • Christy Samad (Senior VP, Event Management)
Revenue
  • Decrease2.svg US$38,207,083 (2018)
  • US$59,987,941 (2017)
Total assets
  • Increase2.svg US$413,225,233 (2018)
  • US$349,748,267 (2017)
Number of employees
291 (2018)
Website 3CDC.org
Footnotes /references
[1]

Cincinnati Center City Development Corporation (3CDC) is a private, non-profit real-estate development and finance organization focused on strategically revitalizing Cincinnati's downtown urban core in partnership with the City of Cincinnati and the Cincinnati corporate community. Its work is specifically focused on the central business district and in the Over-the-Rhine (OTR) neighborhood. The organization is widely credited[ by whom? ] with revitalizing OTR, which during the early 2000s was considered one of the most dangerous neighborhoods in the United States. [2] While the organization began as a full-service real estate developer, it has since branched out and become a significant event programmer in Cincinnati, producing over 1,000 events per year [3] at the four civic spaces it manages: Fountain Square, Washington Park, Ziegler Park and Memorial Hall.

Contents

History

In July 2003, 3CDC was formed by former mayor of Cincinnati, Charlie Luken and other corporate community members. This was a result of a recommendation by a City of Cincinnati Economic Development Task Force. Most funds are gathered through corporate contributions. In 2004, 3CDC accepted responsibility for overseeing Cincinnati New Markets Fund and Cincinnati Equity Fund. As of May 2018, those funds total over $250 million and have resulted in over $1.3 billion [4] invested in downtown and Over-the-Rhine real estate projects.

Controversy

Some long-term residents of the Over-the-Rhine neighborhood have voiced concern that 3CDC does not sufficiently attend to the concerns of long-term residents of the neighborhood, which was formerly 80% African-American, and that gentrification caused by 3CDC's development is displacing the existing population and businesses. [2]

On three occasions, the Cincinnati Board of Housing Appeals has accused 3CDC of "demolition by neglect" (a first-degree misdemeanor in Cincinnati) by allowing vacant buildings to be neglected until they require emergency demolition. [5] [6]

Projects

Related Research Articles

The 2001 Cincinnati riots were a series of civil disorders which took place in and around the Over-the-Rhine neighborhood of downtown Cincinnati, Ohio from April 9 to 13, 2001. They began with a peaceful protest in the heart of the city on Fountain Square over the inadequate police response to the police shooting of unarmed African American 19-year-old Timothy Thomas. The peaceful protest soon turned into a march that went in the direction of the victim's home neighborhood of Over-the-Rhine.

<span class="mw-page-title-main">Over-the-Rhine</span> United States historic place

Over-the-Rhine is one of the 52 neighborhoods of Cincinnati, Ohio. Historically, Over-the-Rhine has been a working-class neighborhood. It is among the largest, most intact urban historic districts in the United States.

<span class="mw-page-title-main">Findlay Market</span> United States historic place

Findlay Market in historic Over-the-Rhine, Cincinnati, Ohio, is the state's oldest continuously operated public market. The Findlay Market Building was listed on the National Register of Historic Places (NRHP) on June 5, 1972. The market is the last remaining of the nine that once served Cincinnati. In 2019 Newsweek named it one of the top ten public markets in the world.

<span class="mw-page-title-main">Cityscape of Cincinnati</span>

Cincinnati, Ohio is home to numerous structures that are noteworthy due to their architectural characteristics or historic associations. The city also boasts Fountain Square and a riverfront that is being revitalized under The Banks project.

<span class="mw-page-title-main">Fountain Square, Cincinnati</span> City square in Ohio, United States

Fountain Square is a city square in Cincinnati, Ohio, United States. Founded in 1871, it was renovated in 1971 and 2005 and currently features many shops, restaurants, hotels, and offices.

<span class="mw-page-title-main">Washington Park (Cincinnati, Ohio)</span> Park in Cincinnati

Washington Park is bounded by West 12th, Race and Elm Streets in the Over-the-Rhine neighborhood of Cincinnati, Ohio, United States. The park is owned and operated by the Cincinnati Park Board. The 6-acre (2.4 ha) park served as Presbyterian and Episcopal cemeteries before it was acquired by the city from 1858 to 1863.

<span class="mw-page-title-main">Fountain Square, Indianapolis</span> Neighborhood and cultural district in Indianapolis, Indiana, U.S.

Fountain Square is one of seven designated cultural districts in Indianapolis, Indiana. Located just outside the city's downtown district, Fountain Square is home to three designated national historic districts, the Laurel and Prospect, the State and Prospect, and the Virginia Avenue districts, all of which were listed on the National Register of Historic Places in 1983. The neighborhood derives its name from the successive fountains that have been prominently featured at the intersection of Virginia Avenue, East Prospect Street, and Shelby Street.

<span class="mw-page-title-main">McCauley, Edmonton</span> Neighbourhood in Edmonton, Alberta, Canada

McCauley is an ethnically diverse inner city neighbourhood in Edmonton, Alberta, undergoing revitalization. It is named for Matthew McCauley, the first mayor of Edmonton, and is located just to the north east of the Downtown core. McCauley is known as the home of religious buildings in a small area, as well as being a large venue for the 1978 Commonwealth Games.

<span class="mw-page-title-main">Vine Street, Cincinnati</span>

Vine Street functions as Cincinnati's central thoroughfare. It bisects the downtown neighborhood, as well as the adjacent Over-the-Rhine neighborhood. The street also serves as the dividing line for the "east" and "west" sides of the city. All east-west addresses in the city start at zero at Vine Street.

<span class="mw-page-title-main">Corryville, Cincinnati</span> Neighborhood of Cincinnati in Ohio, United States

Corryville is one of the 52 neighborhoods of Cincinnati, Ohio. It is located immediately east of the University of Cincinnati, southeast of Clifton, south and west of Avondale, northwest of Walnut Hills, and north of Mount Auburn. The population was 4,373 at the 2020 census.

<span class="mw-page-title-main">West End, Cincinnati</span> Neighborhood of Cincinnati in Ohio, United States

West End is one of the 52 neighborhoods of Cincinnati, Ohio. Originally a large residential neighborhood, the majority of the area was demolished in the mid-20th century for the construction of highway interchanges and an industrial park known as Queensgate. The population was 6,824 at the 2020 census.

<span class="mw-page-title-main">Connector (Cincinnati)</span> Streetcar system in Cincinnati, Ohio, U.S.

The Connector is a streetcar system in Cincinnati, Ohio, United States. The system opened to passengers on September 9, 2016. The streetcar operates on a 3.6-mile (5.8 km) loop from The Banks, Great American Ball Park, and Smale Riverfront Park through Downtown Cincinnati and north to Findlay Market in the northern edge of the Over-the-Rhine neighborhood. Future extensions have been proposed to the Uptown area, home to the University of Cincinnati, the regional hospitals on Pill Hill, and the Cincinnati Zoo; and to Northern Kentucky.

Stanley "Buddy" Gray was a political activist and social worker who lived in the Over-the-Rhine neighborhood of Cincinnati, Ohio who was part of a movement for low-income housing. He described himself as "a hard-nosed radical, a street fighter for street people." His allies saw him as a "humanitarian friend of the homeless," but his enemies saw "a poverty pimp" who wanted to turn Over-the-Rhine into a "super ghetto." Gray's legacy continues through the Drop Inn Center homeless shelter and ReSTOC, a low-income housing organization that later merged with another non-profit to form Over-the-Rhine Community Housing.

<span class="mw-page-title-main">Wielert's</span>

Wielert's, built in 1873, was once a famous beer garden in the Over-the-Rhine neighborhood of Cincinnati, Ohio. OTR Predevelopment, a subsidiary of 3cdc bought this property along with others on Vine St. on July 30, 2010.

<span class="mw-page-title-main">Downtown Cincinnati</span> Neighborhood in Cincinnati, Ohio, United States

Downtown Cincinnati is one of the 52 neighborhoods of Cincinnati, Ohio. It is the central business district of the city, as well the economic and symbiotic center of the Cincinnati metropolitan area. Originally the densely populated core of the city, the neighborhood was transformed into a commercial zone in the mid-20th century. The population was 5,835 at the 2020 census.

The Chicago 21 Plan was a comprehensive development plan released in 1973 intended to revitalize the areas surrounding the Chicago Loop, Chicago's central business district. The 125-page document, subtitled "A Plan for the Central Area Communities" was published by the Chicago 21 Corporation, which was made up of members of the Chicago Central Area Committee (CCAC), founded by some of Chicago's most influential business and civic leaders.

The history of Over-the-Rhine is almost as deep as the history of Cincinnati. Over-the-Rhine's built environment has undergone many cultural and demographic changes. The toponym "Over-the-Rhine" is a reference to the Miami and Erie Canal as the Rhine of Ohio. An early reference to the canal as "the Rhine" appears in the 1853 book White, Red, Black, in which traveler Ferenc Pulszky wrote, "The Germans live all together across the Miami Canal, which is, therefore, here jocosely called the 'Rhine'." In 1875 writer Daniel J. Kenny referred to the area exclusively as "Over the Rhine". He noted, "Germans and Americans alike love to call the district 'Over the Rhine'."

<span class="mw-page-title-main">English Avenue and Vine City</span> Neighborhoods of Atlanta in Fulton, Georgia, United States

English Avenue and Vine City are two adjacent and closely linked neighborhoods of Atlanta, Georgia. Together the neighborhoods make up neighborhood planning unit L. The two neighborhoods are frequently cited together in reference to shared problems and to shared redevelopment schemes and revitalization plans.

<span class="mw-page-title-main">Cincinnati Pride</span> Festival and celebration in Cincinnati, Ohio

The Cincinnati Pride Parade and Festival is a week-long celebration of the city's Lesbian, Gay, Bisexual, Transgender, Queer, and other identities ([LGBTQ+]) community. The festivities are typically held annually at the end of June but have happened as early as April and as late as July in various locations of Cincinnati, Ohio.

MORTAR is a nonprofit organization founded in Cincinnati in 2014. The goal of the organization is to provide resources for entrepreneurs to grow their businesses.

References

  1. Tigas, Mike; Wei, Sisi; Schwencke, Ken; Roberts, Brandon; Glassford, Alec. "CINCINNATI CENTER CITY DEVELOPMENT CORPORATION - Form 990 for period ending Dec 2018 - Nonprofit Explorer". ProPublica. Retrieved 4 May 2020.
  2. 1 2 Woodard, Colin. "How Cincinnati Salvaged the Nation's Most Dangerous Neighborhood". POLITICO Magazine. Retrieved 2019-01-01.
  3. "How 3CDC built a local events empire". Cincinnati.com. Retrieved 2019-01-01.
  4. "3CDC shifting its mission in downtown Cincinnati (Video)". Cincinnati Business Courier. 18 May 2018. Retrieved 4 May 2020.
  5. May, Lucy (14 May 2013). "Cincinnati's 3CDC charged with 'demolition by neglect' in historic Over-the-Rhine". WCPO Cincinnati. Retrieved 14 April 2015.
  6. "3CDC faces neglect accusations". Cincinnati Business Courier. 2013-05-14. Archived from the original on 2020-09-29. Retrieved 2020-09-29.