Over-the-Rhine Neighborhood

Format
Brief

City
Cincinnati

State/Province
OH

Country
USA

Metro Area
Cincinnati

Project Type
District/Corridor/Community

Location Type
Other Central City

Land Uses
Entertainment
Hotel
Mixed Residential
Office
Open space
Parking
Restaurant
Retail
Shelter Housing

Keywords
Adaptive use
Business collaboration
Creative finance
Historic building restoration
Neighborhood revitalization
Public-private partnership
Urban regeneration

A brief is a short version of a case study.

Private corporations stepped up to commit both major funds and needed leadership to the decaying Over-the-Rhine neighborhood adjoining downtown Cincinnati, Ohio. A new can-do organization was created, and a comprehensive, action-oriented strategy was developed that recognized the importance of the cultural amenities of downtown. Major locally based companies joined to create a nonprofit development corporation to work along with the city to plan and finance the revitalization of the neighborhood. Fountain Square, a Cincinnati landmark, was restored, and the neighborhood is alive with new housing and new jobs. By investing across the neighborhood—from homeless shelters to historic cultural amenities, as well as new housing, hotels, and offices—Over-the-Rhine became a national model of public/private leadership.

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Major Developers
Cincinnati Central City Development Corporation

Principal Author(s)
Tom Murphy, Maureen McAvey, Bridget Lane

Source
Reaching for the Future: Creative Finance for Smaller Communities
http://uli.org/centers-initiatives/reaching-future-creative-finance-smaller-communities/