9/9 FRI 8:00 | Universities & Economic Development 1
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Tony Brown Universities stand front and center in the globally competitive knowledge economy, but they remain an untapped resource for creating great places that are strategic to attracting and retaining the talent needed in that economy. Presenters will explain how planning professionals can work with colleges and universities in the areas of urban design, financing, sustainability programs, transit, safety, walkability, small business development, and much more to create vibrant places that foster innovation and economic development. Presentations will include case studies from around the country, national policy and funding initiatives, and recommended fundamentals for creating strong and effective university-community partnerships.
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9/9 FRI 8:00 | Universities & Economic Development 1
- 1. APA Florida 2011 Conference Universities and Economic Development: Placemaking Partnerships September 9, 2011 012
- 8. Burnet Avenue Streetscape Public Spaces
- 9. Burnet & Northern Avenues Avondale Neighborhood Before . . . Land Acquisition and Development: $25 million leveraging $85 million development
- 10. Burnet Avenue Weave Together Community
- 11. Burnet Avenue Weave Together Community Cincinnati Herald Building – hospital is anchor tenant
- 12. Burnet Avenue Weave Together Community Weave theme became an architectural feature
- 13. Burnet Avenue Weave Together Community Weave theme became an architectural feature
- 16. 2601 Vine (Bogart’s) 3000 Vine (Hampton Inn) 2900 Vine ( Benchmark) 2600 Vine (Martino’s) SHORT VINE University Village Plan E N S W Univ Plaza (Kroger) 2801 Vine ( Shiel School) $50 million to Reclaim Area as a Regional Draw
- 19. Short Vine Street Revitalize District by Zones – Start at Gateways to Middle Financing gaps precluded the start of construction MLK Drive Vine St. Hampton Inn Restaurant Bank with Restaurant below
- 21. Short Vine Street Hospitality Zone – services university & hospital markets Financing gaps precluded the start of construction
- 22. Short Vine Street Hospitality Zone – services university & hospital markets NMTCs and TIF financed garage – air rights to developer for hotel development
- 23. Short Vine Street Hospitality Zone – services university & hospital markets Hotel opened Winter 2010 and is now a south anchor amenity
- 25. Access to Private Capital: Patient Source of Funds Leverage Capital: $696,000,000 Source for land Acquisition and development: $25 million leveraged $85 million development Source for venture capital: $1.7 million allowed minority-ownership of $8 million office building Sources of Funds: Investment Capital UC – Endowment $100,000,000 Uptown Partners $97,000,000 Uptown Consortium $17,000,000 Cincinnati Housing Development Fund $5,000,000 Total Available Capital $219,000,000
Notes de l'éditeur
- In the background lies Cinti. Children’s Hospital – one of nation’s top five pediatric hospitals. And behind Children’s, lies the University’s medical campus, Health Alliance and nearly $3.5 billion of an annual economic engine for the city. You wouldn’t know any of that by looking at this picture! If you work at Children’s Hospital you dare to venture north – one of the city’s highest crime areas. An unacceptable set of economics!
- In the background lies Cinti. Children’s Hospital – one of nation’s top five pediatric hospitals. And behind Children’s, lies the University’s medical campus, Health Alliance and nearly $3.5 billion of an annual economic engine for the city. You wouldn’t know any of that by looking at this picture! If you work at Children’s Hospital you dare to venture north – one of the city’s highest crime areas. An unacceptable set of economics!
- In the background lies Cinti. Children’s Hospital – one of nation’s top five pediatric hospitals. And behind Children’s, lies the University’s medical campus, Health Alliance and nearly $3.5 billion of an annual economic engine for the city. You wouldn’t know any of that by looking at this picture! If you work at Children’s Hospital you dare to venture north – one of the city’s highest crime areas. An unacceptable set of economics!
- In the background lies Cinti. Children’s Hospital – one of nation’s top five pediatric hospitals. And behind Children’s, lies the University’s medical campus, Health Alliance and nearly $3.5 billion of an annual economic engine for the city. You wouldn’t know any of that by looking at this picture! If you work at Children’s Hospital you dare to venture north – one of the city’s highest crime areas. An unacceptable set of economics!
- March 2008: Towne releases implementation plan redefines University Village Plan into four “Character Zones” (Neighborhood Retail, Entertainment, Civic and Hospitality/Retail) UC financed VCURC acquisitions and provided head start: 20 parcels scattered in 8 blocks for over $3 million at May 2007. Redevelop from North & South towards Civic Center Goal is to enhance walk-ability and pedestrian friendliness through connections to University & hospitals