Miller Valentine Marketing Piece

Page 1


We would like to take a moment to thank Miller-Valentine for visiting Hamilton, Ohio earlier this year. We hope that you witnessed first-hand the revitalization that is happening throughout the city, especially in our urban core neighborhoods. There is much to be excited about in Hamilton’s urban core. Buildings are being renovated, people are moving in, and the business community is growing. As we work to further strengthen our strategic public-private partnerships, the energy and excitement continues to grow throughout the city. As Butler County’s urban alternative, Hamilton stands out from neighboring communities by providing a vibrant, walkable downtown for urban living. By focusing and capitalizing on our unique downtown, we have created an atmosphere that is not easily duplicated. And people are starting to notice. Some of our recently completed downtown projects include the RiversEdge amphitheater, the Mercantile Lofts, the Robinson-Schwenn building (home to a coffee shop, and IT company, and a technology center), and the Journal-News building (home to the Butler Tech School of the Arts and the Miami Valley Ballet Theatre).

View of the Butler County Courthouse during the 4th of July celebration which is held on the river. Over 15,000 people were in attendance in 2013

The Mercantile Lofts project was one development that helped to shift the paradigm in Hamilton. This $8.6 million investment transformed a vacant, rundown building that was built in 1875, into 29 apartments, 3 street-level retail spaces, and a garden level commercial space. The Mercantile Lofts have been an overwhelming success and there is currently a waiting list to live in these upscale apartments. With that said, the demand for urban living far exceeds the supply of downtown housing in Hamilton. This creates huge market potential for downtown housing. Additionally, the City of Hamilton and Coon Restoration recently received Gold Excellence in Economic Development awards from the International Economic Development Council for the efforts and success of the Mercantile Lofts project. The City of Hamilton is proud of its partnerships, and we feel that our agility and passion make us extremely dynamic as we work to create more vibrancy and vitality.


Furthermore, there are many new projects in the pipeline for our downtown. These projects include Artspace Hamilton, the Elder Beerman building, the former Fifth Third building, and the Hungry Bunny building. Artspace Hamilton is a $10.2 million investment in a building adjacent to the Mercantile Lofts. This investment will convert another vacant building into 42 live/work spaces for artists, as well as provide 3,000 square feet of commercial and gallery space. The project is slated to begin leasing apartments in January of 2015. In addition, the CORE Fund, a non-profit working to accelerate downtown revitalization and reduce financial barriers to investing in Hamilton’s urban core, has acquired the Hungry Bunny building and has already started the renovation. A new business will be moving into the space in May of this year.

These are only a few of the many projects occurring in Hamilton’s urban core, the rest of which can be viewed in our 2014 Initiative Update. We hope that your organization’s recent visit to Hamilton has put the city on your radar. With the successes of our public-private partnerships, the revitalization of our urban core has taken off over the past few years. Our strong partnerships and “can-do” attitude make Hamilton a dynamic place to live, work, and play. Let’s keep the conversation going about the development possibilities that are abundant in Hamilton. We look forward to continuing discussions in the future. Sincerely,

Joshua Smith Pat Moeller City Manager Mayor

‘The Cape’ a statue of Founding Father Alexander Hamilton U.S. Secretary of the Treasury, whom the city is named after, located in the heart of downtown Hamilton.


Why Hamilton? Located in the heart of the Cincinnati-Dayton metroplex, Hamilton is Butler County’s Seat of government and its center for finance, industry, and arts and culture. Hamilton, Ohio is the second largest city in the tri-state Cincinnati region. The City of Hamilton is unique in that it owns and operates all four major utilities: electric, natural gas, water, and wastewater. It is consistently among the most affordable providers of utilities in the entire state of Ohio. Along with its affordability, Hamilton is among the most progressive in sustainable electric power generation. Approximately 70% of its power generation will come from renewable resources in 2014. Hamilton is located 26.2 miles north of Cincinnati, Ohio (population: City 296,550, Metro 2,128,603) and approximately 40 minutes south of Dayton, Ohio (population 141,359), which allows for easy access from two larger cities. Furthermore, the city is within 600 miles of 54% of US population, including 27 major metro areas.

Incentives Hamilton utilizes a wide variety of business incentives, including Enterprise Zone, Community Reinvestment Area, Local Job Creation Tax Credit, and a Revolving Loan Fund. The City owns real estate in Hamilton Enterprise Park and University Commerce Park allowing the City to work with prospective developers, including the ability to offer discounted real estate. Hamilton works with developers and companies from the beginning of the project to ensure that service to the site is adequate and explore ways to control and lower their utility costs as the facility and operations expand.

Urban Renaissance

Hamilton has experienced a rebirth in character as we have returned to our urban origins. The City of Hamilton has concentrated much of its revitalization efforts on the downtown and urban core neighborhoods, to create places where people want to live, work, and play. It’s not hard to see why the urban core is the focal point. The heart of the city is surrounded by historical neighborhoods with incredible character that remains largely intact, providing a strong foundation for creating a sense of place.

Job Growth

With growing investment, job growth is also on the upswing. Nine projects were announced in 2013, totaling 607 new jobs and retaining 408 jobs. The projects will result in $36.5 million in new payroll and $80.5 million in new capital investment. With companies like iMFLUX (a subsidiary of P&G), ThyssenKrupp Bilstein of America (a manufacturer of automobile parts which is headquartered in Hamilton), Valeo (a global automotive supplier), and many others who further invest in Hamilton, the number of jobs continues to grow.

About the Cover

The cover photo shows Downtown Hamilton during Operation Pumpkin, a fall festival featuring 200-pound pumpkin carving, live entertainment, and even a pumpkin boat race. This 3-day festival draws people from all over southeastern Ohio to experience the diverse offerings within the City of Hamilton. Other similar special events in Hamilton include IceFest, a German Village Christmas Walk and Christmas Market (Christkindlmarkt) as well as a Summer Concert Series featuring local and national performers.

Investment

Hamilton’s urban core has realized significant investment in the past few years. The Mercantile Lofts, The Journal-News building, the Robinson-Schwenn building, and RiversEdge amphitheater represent approximately $16 million in investment in a 4-block area. Furthermore, the Hamilton Core Fund has recently acquired the former Elder-Beerman building, which will allow for the redevelopment of this 167,000 square foot space.

Utilities

The City of Hamilton owns and operates all four of its utilities systems and works to provide superior service at a competitive cost. When the latest hydroelectric facility is completed in 2015, approximately 70% of the city’s energy will be from renewable sources. It’s more reliable too, as our utilities have won four consecutive Reliable Public Power Provider (RP3) Platinum level awards. Additionally, our water has been recognized for providing the “Best Tasting Water in the World.” All of these accolades are achieved while providing a cost that is 11% lower than our regional competitors.


Hamilton at a Glance

Population 1910 1920 1930 1940 1950 1960

Racial Composition

35,279 39,675 52,176 40,592 57,951 72,345

1970 1980 1990 2000 2010 Est. 2012

67,865 63,189 61,436 60,690 62,447 62,562

White Black or African American Hispanic or Latino All Other Races Education (age 25 and over) 9th grade Less than

Age Distribution Under 5 5 to 9 10 to 14 15 to 19 20 to 24 25 to 29 30 to 34 35 to 39 40 to 44 45 to 49 50 to 54 55 to 59 60 to 64 65 to 69 70 to 74 75 to 79 80 to 84 85 and over

9th

8.1% 6.8% 6.4% 6.0% 7.0% 8.1% 7.2% 6.3% 6.0% 6.7% 7.0% 6.1% 5.1% 3.4% 2.9% 2.7% 2.2% 2.0%

to

12th

grade - non-graduate

4.8% 14.7%

High School graduate or equivalent

42.0%

Some college - non-graduate

18.1%

Associates degree

5.3%

Bachelors degree

9.7%

Graduate or Professional degree

5.3%

Top 10 Employers within the City of Hamilton

Household Income Less than $10,000 $10,000 to $14,999 $15,000 to $24,999 $25,000 to $34,999 $35,000 to $49,999 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $149,999 $150,000 to $199,999 $200,000 or More

84.0% 8.5% 6.4% 1.1%

10.1% 7.3% 15.3% 12.5% 18.1% 19.6% 8.8% 5.8% 1.8% 0.6%

Company

Industry

Employees

Butler County

Government

1,750

Hamilton City School District

Education

1,095

Fort Hamilton Hospital

Health Care

1,020

Community First

Health Care

650

City of Hamilton

Government

644

Miami University Hamilton

Education

370

ThyssenKrupp Bilstein of Manufacturing America

350

Meijer

Retail

325

The Kroger Company

Retail

250

First Financial Bank

Financial

230

Major Employment Sectors Sales and office occupations Management, business, science, and arts occupations Service occupations Production, transportation, and material moving occupations Natural resources, construction, and maintenance occupations

27.1% 25.4% 19.3% 16.8% 11.4%

7

6


Workforce Fast Facts

The City of Hamilton, located in the northernmost section of Cincinnati MSA, is situated in the heart of the Cincinnati-Dayton metroplex. This means that companies located in Hamilton can draw from the region’s 3 million+ people. Site Map 15, 30, and 60 minute drive time to Hamilton 401 High St, Hamilton Drive Time: 15, 30, 60 Minutes

435k

Latitude: 39.39825 Longitude: -84.55824

Workforce within 30 minute drive time from Hamilton

Top Occupations 30 minute drive time Blue Collar Services Administrative Support

White Collar

Sales Management/ Business/ Financial Professional

Top Industries 30 minute drive time

Total Population

Š2014 Esri

15 minute drive 30 minute drive 60 minute drive

929,023 2,932,061

Made with Esri Community Analyst www.esri.com/ca 800-447-9778 Try it Now!

Source: Esri Community Analyst

50%

233,450 April 01, 2014

40%

Page 1 of 1

30%

20%

10%

0%

Services Manufacturing Retail Trade Source: Esri Community Analyst

Finance/ Insurance/ Real Estate


Local Incentives Local Job Creation Tax Credit

Offers eligible companies a tax credit against their local corporate earnings tax. This program is similar to the Ohio Job Creation Tax Credit, with the exceptions that the tax credit is granted at the local level and it is a nonrefundable credit. Currently, by State law, eligibility for this credit is dependent upon the State of Ohio granting a tax credit through the Ohio Job Creation Tax Credit Program.

Utility Development Agreement

With municipally-owned and operated utilities, the City of Hamilton is not only one of Ohio’s lowest-cost providers of electricity, natural gas, water & wastewater, but, additionally, the City is committed to working with your company from the beginning to ensure that service to the site is ample and will explore ways to control and lower utility costs as you grow.

Enterprise Zone

The City of Hamilton may grant real property tax incentives to enterprises that agree to establish, expand, renovate, or occupy a facility within a designated enterprise zone and agree to retain or create employment at the project’s location. A business must finalize an agreement prior to project commencement.

Real Estate Discount

Hamilton Enterprise Park and University Commerce Park are owned by the City of Hamilton, providing the City the opportunity to work with prospective businesses, including the ability to offer discounted real estate.

Hamilton Business Development Team Serves as a single point of contact and direct one-onone communication to businesses throughout the process rather than requiring businesses to navigate a maze of multiple departments and individuals.

70% RENEWABLE ENERGY

When the city completes construction on the new Meldahl Hydroelectric Dam in 2015, the amount of Hamilton’s power generation from renewable, non-carbon emitting sources will be between 65-70%, and 100% by the end of 2015.

Community Reinvestment Area

The Community Reinvestment Area (CRA) provides property owners a tax exemption for investing in property improvements. The CRA tax exemption is available for both residential and commercial development and both new development and renovations. The CRA tax exemption can be utilized throughout Hamilton, but the urban core is part of a special district which the CRA benefits are most powerful. CRA can be use for: • New construction (non-residential) • Expansion • Building improvements • Residential, commercial, and industrial

CORE Fund

Provides financial resources for qualified residential and commercial real estate projects within Hamilton’s urban core. By leveraging a multitude of financial tools into one powerful partnership, the CORE Fund is able to maximize results of strategic projects that will revitalize the city. Established as a not-for-profit 501(c)(3), the CORE works with the City of Hamilton, the State of Ohio, and members of Hamilton’s corporate community to establish a model of excellence for Hamilton’s urban redevelopment.

Tax Increment Financing

Tax Increment Financing (TIF) is an economic development mechanism to finance public infrastructure improvements. A TIF works by locking in the taxable worth of real property at the value it holds at the time the authorizing legislation was approved. Payments derived from the increased assessed value of any improvement to real property beyond that amount are directed towards a separate fund to finance the construction of public infrastructure defined within the TIF legislation. Hamilton has enacted legislation to utilize TIF financing and often works with potential development to allow parcels to benefit from TIF financing.

11% UTILITY COSTS It is often the case that going green comes at a higher cost. Not in Hamilton. The City’s customer-owned utilities operations will provide residential customers a 11% average monthly savings over their neighbors in Southwest Ohio in 2013. Coupled with City of Hamilton incentives, this savings can be increased even more.

FIBER OPTIC NETWORK

Hamilton has a large municipally owned fiber optic network that runs throughout the City. It will be able to be utilized at gigabit speeds. Hamilton is developing a plan to utilize its dark fiber for economic development.

BEST TASTING WATER

In 2010, the City’s water was ranked “The Best Tasting Tap Water in the World” at the Berkeley Springs International Water Tasting competition. The City of Hamilton’s water was recognized as the best tasting municipal water in the State of Ohio in 2010 and 2012. Hamilton sits on a large aquifer and has abundant water capacity.


Building Detail Total Building Area Total Stories Year Built

Fast Facts

76,284 sq. ft. 8 1905

76,284

Beautiful eight story historic office building located in the center of Downtown Hamilton, across from the Courthouse. This building is ideal for first floor retail and office space on the second, third, and fourth floors.

Total sq. ft. of building space

Site Map

Convenient Access: 5, 10, & 15 minute drive-time map Former Fifth Third 2 S 3rd St, Hamilton, OH, 45011 Drive Time: 5, 10, 15 Minutes

For lease or sale

Latitude: 39.39908 Longitude: -84.56044

Price negotiable

2012 Population Age 20 - 64 5 minute drive 10 minute drive 15 minute drive

20,434 67,641 135,555

N. Fifth Street

Centrally located in downtown Hamilton adjacent to key developments

MLK, JR. BLVD.

Riverfront Plaza

N. Second Street

Dayton Street

N. Sixth Street

Rob Jackson

N. Third Street

NOR

TH B

S T.

RiversE Park DGE

Contact

Butler Street

November 25, 2013

129

with Esri Community Analyst MarketMade Street www.esri.com/ca 800-447-9778 Try it Now!

lP

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Courthouse Square

2 1 HIGH ST. 6 2nd St. 4 3 Journal Sq

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Page 1 of 1

Journal Alley

Š2013 Esri

Monum

177 1. Historic129Mercantile Lofts 2. Artspace Hamilton Lofts (open in 2015) 3. Ryan’s Tavern 4. Robinson-Schwenn 5. JournalNews Arts Maple AvenueHub

5

Court Street

S. Monume nt Avenue

Maple Avenue

S. Fourth Street

S. Third Street

S. Second Street

Ludlow Street

Front Street

Park idge

ue

6 S. Second St. Central Business District

Leasing Manager (513) 272-2020 leasing@koncius.com



Building Detail Total Building Area Total Stories Year Built

Fast Facts

21,000 sq. ft. 5 plus basement

46,776 2 S. Third St. 1958

ar k

2

Journal Sq

Monum

Courthouse Square

1 43

HIGH ST.

2 S. 3rd

5

Court Street

S. Third Street

Ludlow Street S. Second Street

N. Sixth Street

Butler Street

For lease 177

Terms negotiable CityBUTL of ERHamilton C OUNT Y OHIO

Maple Avenue

Front Street

$400,000. For every $500,000 invested in the building, price will be reduced $100,000 129

S. Fourth Street

lP

ent Park

nti

Journal Alley

Market Street

MLK, JR. BLVD.

Riverfront Plaza

N. Second Street

Dayton Street

129

For sale

N. Fifth Street

Centrally located in downtown Hamilton adjacent to key developments

Le

Total sq. ft. of building space

Hamilton, Ohio 45011

N. Third Street

NOR

TH B

S T.

RiversE Park DGE

Former Fifth Third Bank space, this building is ideal for first floor retail and office space on the second, third, and fourth floors.

S. Monume nt Avenue

Park dge

ue

2 S. Third St. Central Business District

1. Historic Mercantile Lofts Maple Avenue 2. Artspace Hamilton Lofts (open in 2015) 3. Ryan’s Tavern 4. Robinson-Schwenn office building 5. JournalNews Arts & Cultural Hub



2 S. Third St. ... Continued Central Business District 4th Floor Layout High Street

S. 3rd Street

1st Floor Layout

2nd Floor Layout

3rd Floor Layout

5th Floor Layout

Contact Mike Dingeldein Executive Director CORE Fund (513) 607-8732 mike@cdalliance.net www.corehamilton.org


131-136 N. Third Street Central Business District The former Ohio Casualty headquarters, these three buildings offer great urban office space in Downtown Hamilton. The buildings include:

Building Detail Total Size

ntil

N. Fifth Street

MLK, JR. BLVD.

N. Sixth Street

N. Third Street

129

ent Par

k

HIGH ST.

177

Journal Sq

Courthouse Square Court Street

Maple Avenue

Maple Avenue

rth Street

Street

t Street

Ludlow Street

Contact Peter Goffstein

Butler Street

Journal Alley

Le

rk Pa

Monum

W. ParkBridge

Market Street

S. Monume nt Avenue

SOU

TH B

S T.

129

131 & 136 North Third

N. Second Street

T.

428,000 sq. ft. 8 story building - +/-229,000 sq. ft. 6 story building - +/-91,000 sq. ft. 4 story building - +/-80,000 sq. ft. 15,000 - 43,000 sq. ft. 2 + freight elevator

Floor Plate Elevators

Dayton Street

nd Street

IN S

Ave nue

Riverfront Plaza

Park

NOR

TH B

S T.

N. C S

tree t

RiversE Park DGE

• Fiber optic ring cabinet located within the building • Category 5 cabling • Full floor data center • Full service cafeteria • Over 750 parking spaces • Partial lease-back by owner possible

Industrial Realty Group (513) 792-5000 ext. 220 PGoffstein@irgohio.com


131 N. Third Street Central Business District The former print shop has an open floor plan that would be ideal for creative office space.

Fast Facts 80,000

Total building area (sq. ft.)

4

Stories


132 N. Third Street Central Business District This historic building is filled with high quality detail. It has a mixture of open office space and traditional offices.

Fast Facts 91,000

Total building area (sq. ft.)

6

Stories


136 N. Third Street Central Business District This is the largest building in the complex, featuring a full service cafeteria, a patio area, and a large and open floor plan.

Fast Facts 229,000

Total building area (sq. ft.)

8

Stories


Hamilton Enterprise Park At approximately 265 acres, the Hamilton Enterprise Park is one of the largest industrial/office parks in the tri-state (OH, KY, IN) region. It is owned by the City of Hamilton, providing the City the opportunity to work with prospective businesses, including the ability to offer discounted real estate prices and utility rates. Dayton

Downtown Hamilton Rt 129

4 lane highwa y

8 miles

Enterprise Park 4l eh an

s 6 mile

B4

y wa ig h

Cincinnati

Neturen, an auto parts manufacturing facility, is located in Hamilton Enterprise Park

Fast Facts 170+

Acres of undeveloped land available

0.5

Miles to the nearest 4 lane highway (By-Pass 4)

3

Miles to the nearest UPS Customer Center

6

miles to the nearest Interstate (I-275 and 8 miles to I-75)

1

Property owner and low-cost, reliable provider for electric, natural gas, water, and sewer


Enterprise Park ... Continued

The Tri-Heath Medical Complex, located in Hamilton Enterprise Park, offers a wide variety of medical services to the region.

HAMILTON-MASO 1. Wellington 6. Neturen America N RD Manor Nursing Corporation 2. Synergy 7. Butler County 3. Tri-Health Regional Transit Medical Complex Authority 4. VinylMax 5. M. A. Fokes

1 3

2 MCBRIDE CT

44.3 Acres

5

4

HAMILTON ENTERPRISE PARK DR

68.6 Acres 50.4 Acres MOS ER

CT

6 TY LE R

N

Legend

7 SV

IL LE

R

Legend

D

HEP Boundary

HEP Boundary Available Land 2014

950

475

Available Land 2014 0

950 Feet


Transportation Hamilton Enterprise Park is well connected by road and air. The site has road access from both Hamilton Mason Road and Tylersville Road and is only a half mile from State Route Bypass 4. Bypass 4 was recently improved to a four and six lane limited access highway. It provides access north to State Route 129 (approximately 3 miles). In this area, State Route 129 was constructed to freeway standards and it provides access to I-75 (approximately 7 miles to the east). The site is also less than an Site Map hour’s drive to both Cincinnati’s and Dayton’s international airports. 3095 McBride Ct Latitude: 39.376702

Hamilton, OH 45011

October 25, 2005

Longitude: -84.515253

Butler County Regional Airport

State Route Bypass 4 is a 4 to 6 lane highway that is less than a mile from the site. Photo courtesy of Nick Daggy at the JournalNews.

The Butler County Regional Airport offers high quality facilities including:

©2005 ESRI

• 5500x100’ runway with a full length parallel taxiway • Ample number of T-hangars, and corporate/executive hangars with the capability for overnight storage Page 1 of 1 On-demand reports and maps from Business Analyst Online. Order at www.esri.com/bao or call 800-795-7483 • ILS, Localizer/DME, and RNAV (GPS) approaches • On-site weather station (ASOS) • Clearance delivery frequency • State-of-the-art general aviation terminal, completed in May of 2002

Butler County Regional Airport runway Butler County Regional Airport Terminal


University Commerce Park Knightsbridge Dr

SHX

Railroad Grade Separation Project

d Blv

Vora

N

University Blvd

an eil

t ea r G

Site Context

iver R mi a i M

University Commerce Park is the newest of Hamilton’s business parks, home to approximately 60 acres of municipally-owned, undeveloped land across from Vora Technology Park and Miami University Hamilton, and only seconds from downtown. University Commerce Park holds very exciting development potential, and a planned transportation improvement project, South Hamilton Crossing, will drastically improve access to the site.

Miami U Hamilton

University Commerce Park

Site Map University Commerce Park Drive Time 45015 (Hamilton), OH Drive Time: 5, 10, 15 Minutes

5, 10, & 15 Minute Drive Time Maps

Latitude: 39.38267 Longitude: -84.56141

Site Detail Owner

City of Hamilton

Asking Price

$65,000/acre

Acreage

60 acres total, can be divided Adjacent

Distance to Vora Technology Park Distance to Miami University Hamilton Distance to Downtown Hamilton

Adjacent 2 miles, 5 minutes

Workforce 2012 Population Age 20 - 64 5 minute drive 10 minute drive 15 minute drive

13,848 52,355 113,453


Near UCP Vora Technology Park University Commerce Park is located near Vora Technology Park, which offers 365,000 square feet of Class A office space and a secure state-of-the-art data center. Vora Technology Park has redundant energy, cooling, and fiber optic networks throughout and includes a number of green features, including recycling the facility’s gray water for irrigation purposes on site and at Miami University Hamilton. Vora Technology Park is home to a number of companies, including Aims, which offers hosting and cloud services to clients, Koncert IT, which partners with Kroger on a pharmacy call center, and Amstan Logistics, a logistics company. The state-of-the-art facility has 165,000 square feet available and is experiencing a significant amount of interest from prospective tenants.

Vora Technology Park

Miami University-Hamilton University Commerce Park is adjacent to Miami UniversityHamilton (MU-Hamilton), one of Miami University’s regional campuses. The regional campus has approximately 5,000 students. MU-Hamilton offers a full quality Miami education with excellent faculty and cutting edge classroom technology. MU-Hamilton is continuing to expand its course offerings, adding more 4 year degrees at the branch campus, including programs in the fields of information technology and engineering. Miami University Hamilton

Downtown Hamilton University Commerce Park is located two miles from downtown Hamilton, which is currently undergoing a renaissance. In the past few years, downtown has seen an increased in investment, including a new apartment building and another one under construction, new retail options, and a very popular Summer Concert Series, which brings thousands of people into downtown from May to September.

Night time view of Downtown Hamilton


University Commerce Park Master Plan City of Hamilton Electrical Power Facility

UNIVERSITY

BLVD

University Commerce Park’s Master Plan was developed in 2013 and is envisioned as a mixed-use development that includes residential, commercial, office, and industrial uses. University Commerce Park is designed to be a walkable, urban campus that emphasizes connectivity with surrounding uses and green features such as bike lanes and bioswales.

GRAND BLVD

.

SAN T

AVE

Target Land Uses Industrial District Business, Office, Industrial District

Residential District

University Boulevard Road Improvements

SHX Improvements

PLE A


Form-Based Zoning The City has implemented form-based zoning in University Commerce Park as part of its efforts to ensure that the future development within UCP promotes economic development, creates jobs, and capitalizes on geographic proximity to Miami University Hamilton and Vora Technology Park. Form-based zoning focuses on the design of the buildings and allows for a wider range of mixed uses within the buildings. UCP-1 is zoned primarily as a residential area but allows commercial and encourages mixed uses. UCP-2 is focused on commercial, office, and industrial uses. UCP-1 and UCP-2 both encourage more urban, walkable development and a mix of uses.

South Hamilton Crossing (SHX) Plans are currently being prepared and construction is expected to start in 2016 for SHX which will provide direct vehicular access from Ohio Route 4 and Pleasant Avenue (US 127) into UCP. SHX is a $20 million Ohio Department of Transportation and City of Hamilton project that will extend Grand Boulevard west over the existing Norfolk Southern Railroad tracts into UCP. Grand Boulevard currently intersects Ohio Route 4 and is planned to intersect US Route 127 (Pleasant Avenue) which will provide direct vehicular access south to Interstate 275. SHX is expected to greatly enhance access to UCP and surrounding uses, opening up the area for economic development.


601 N. B St. • Former SMART Paper facility located on Great Miami River • Over 500,000 sq. ft. of space • Divisible • Ample parking • For lease

Fast Facts 500,000+

Sq. ft. of building space

<1

Miles to the nearest 4 lane highway (State Route 129)

8

Miles to the nearest Interstate (I-75)

For sale or lease Terms negotiable

Contact Mark Frank

V.P. of Operations M.B. Glick LLC. Office: (610) 944-8600 x304 Cell: (610) 587-4500


C D

A B

Main building City-owned riverfront property Back properties Office 42,000 31,496

477,572 167,339

B

A D

C

Building Layout


Excellence in Economic Development PUBLIC PRIVATE PARTNERSHIP

SPECIAL PURPOSE BROCHURE

City of Hamilton & Coon Restoration

Strategic Initiative Update

The redevelopment of three downtown properties - the $8.6 million renovation of the of the Historic Mercantile Lofts, the $2.5 million renovation of the former JournalNews building into a cultural hub, and the $1.5 million renovation of the Robinson-Schwenn building, the 147 year old former opera house.

The brochure is a 28 page brochure that communicates the City's vision and the projects currently undertaking, including information such as project description, timeline, status, projected investment, partners, and project pictures.


Restoring. Reinventing. Revitalizing.

DOWNTOWN HAMILTON. current project

completed project

Artspace Hamilton

RiversEdge

Artspace is a $10.2 million project that will create 42 artist live/work units and 3,000 sq. ft. of ground floor commercial space for art groups and art-related businesses. Construction began in 2013 and will be completed in 2014.

RiversEdge is the new downtown riverfront amphitheater and overlook which opened in 2013. RiversEdge reconnects Hamilton to the Great Miami River and will host events throughout the year, such as the popular Summer Concert Series.

completed project Mercantile Lofts

future project

former Elder Beerman

T.

future project

Market St.

iami R iver

The former department store is the CORE Fund’s first purchase of property for future development with an eye toward a complex of office, retail, and living space. The building is four-stories, 167,000 sq. ft. and was built in 1968.

IN S

former Hungry Bunny 129

Great M

MA

In 2012, the new Mercantile Lofts opened downtown. The $8.6 million renovation of buildings built circa 1875 resulted in 29 market rate apartments and 3 street level retail spaces, all which are 100% occupied.

S. Third St.

S. Second St.

Dayton St.

HIGH ST.

127

Court St.

completed project Robinson-Schwenn

completed project Journal-News

The CORE Fund recently acquired the former Hungry Bunny restaurant, a 3-story mixed-use 19th century building. The CORE Fund will be seeking bids to redevelop the property.

future project former Fifth Third

The renovation of the Robinson-Schwenn building, the 147 year old former orchestra hall, includes 3 floors of office space and 3 retail spaces. It is the new home of Liferay’s national sales office and the new Lane Library Community Technology Center.

www.corehamilton.org

The CORE Fund also recently acquired the former Fifth Third property, a 5-story office building. The CORE Fund will be seeking bids to redevelop the property as an office/mixed-use building.

In early 2013, the $2.5 million renovation of the former Journal-News building was completed, transforming the building into a downtown cultural hub, home to Butler Tech School of the Arts and the Miami Valley Ballet Theatre.

(513) 607-8732

www.hamiltonohiobusiness.com (513) 785-7070


About Hamilton Located in the heart of the Cincinnati-Dayton metroplex, Hamilton is Butler County’s Seat of government and its center for finance, industry, arts and culture. Hamilton, Ohio is the second largest city in the tri-state Cincinnati region.

465

Available Buildings IN

OH

KY

February 7, 2013

Proximity to Major Markets CITY Cincinnati, OH Dayton, OH Columbus, OH Indianapolis, IN Lexington, KY Louisville, KY Toledo, OH Detroit, MI Cleveland, OH Chicago, IL Pittsburgh, PA

MILES 25 35 98 110 110 140 190 247 248 274 281

Hamilton, Ohio

Contact Jody T. Gunderson

Economic Development Director City of Hamilton (513) 785-7070 gundersoj@hamilton-oh.gov

CityBUofTL ERHamilton C O U NT Y O HIO


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Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.