Ucp 3 2014 (4)

University Commerce Park

Miami University Hamilton

University Commerce Park Hamilton, Ohio

CityBof Hamilton U T LER CO U NT Y OH I O

Site Detail 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.

Knightsbridge Dr

Vora Tech Park South Hamilton Crossing Railroad Grade Separation Project

Miami University Hamilton

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Surrounding Development

University Commerce Park

Potential Site Development Proximity

Example Development Site

Site Detail Owner

City of Hamilton

Asking Price

$65,000/acre

Acreage

60 acres total, can be divided

Distance to MU-Hamilton

0 miles, 1 minute

Distance to MUH-Downtown

2 miles, 5 minutes

Distance to MU-Oxford

15 miles, 25 minutes

Miami University

Butler County RTA

Route R3

Miami University-Hamilton Miami University-Hamilton (MU-Hamilton) is 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 state-ofthe-art classroom technology.

(513) 785-5237

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Revised Beginning September 4, 2012

Oxford Connector

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Miami University, a student-centered public university founded in 1809, has a rich history as one of the nation’s oldest and most distinguished public universities. It maintains its classic beauty and sense of great tradition amid the energy spurred by discovery and imagination. The undergraduate student population is just under 15,000.

For Ride Information

Miami University

Miami University Oxford

MU-Hamilton Downtown Miami University-Hamilton Downtown (MUH) is a satellite location of MU-Hamilton, offering students the quality of life provided by an urban, walkable community with restaurants, shops, andFriday other amenities.

Service Monday through $2.00 per

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BCRTA operates whenever safely possible. Please miltonAccess - Oxford Connector to Miami University Locations call 513-785-5237 or visit www.butlercountyrta.com

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Miami U. Main Campus

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NON-DISCRIMINATION NOTICE ANUNCIO DE NO DISCRIMINACIÓN Miami University Hamilton is directly across the street from Todos los servicios, rutas y amenidades de la Autoridad Regional de Tránsito del Condado de Butler (BCRTA) se ofrecen sin discriminación por raza, color u origen nacional, de University Commerce Park and a quick fiveconformidad con el Título VI de la Ley de Derechos Civiles de 1964. Si usted siente que ha minute car ride sido discriminado en base a su raza, color u origen nacional en los servicios ofrecidos por to MU-Hamilton Downtown. Miami University also offers a BCRTA, usted tiene el derecho de presentar una queja a la administración de BCRTA y/o a la Administración Federal de Tránsito (FTA). Para obtener más información llame a BCRTA bus from Downtown Hamilton to Miami University Hamilton, al (513) 785-5396.

Miami University Oxford, and to nearby shopping at Meijer and Fairfield Crossings.

MU-Downtown is in the Historic Robinson Schwenn Building. It is also

All services, routes and accommodation on Butler County Regional Transit Authority (BCRTA) are offered without regard to race, color, or national origin, in ccordance with Title VI of the Civil Rights Act of 1964. If you feel you have been iscriminated against on the basis of race, color, or national origin in the services offered by BCRTA, you have the right to submit a complaint to the BCRTA management and/or Federal Transit Administration. For more information call BCRTA at (513) 785-5396.

home to True West Coffee

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.

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Target Land Uses Industrial District Business, Office, Industrial District

Residential District

University Boulevard Road Improvements

SHX Improvements

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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.

Residential District Residential Character

•Residential buildings to be high quality material • Street trees to provide shade to cool houses and apartments during warm months of summer • Opportunity to use solar panels on roof for electricity • Alley and residential parking could be permeable pavement to reduce surface runoff

Brownstone/Townhomes

Residential Apartments

Incentives Community Reinvestment Area

Tax Increment Financing

The Community Reinvestment Area (CRA) provides property owners a tax exemption for investing in property improvements. The goal of the CRA is to incentivize revitalization where barriers to investment exist.

Tax Increment Financing (TIF) is an economic development mechanism available to local governments in Ohio 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.

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. The abatement is for ten years.

CRA can be use for: • • • •

New construction Expansion Building improvements Residential, commercial, and industrial

Applications will be considered on a case-by-case basis for investment dollar and job creation potential. The tax exemption percentage will be determined on a case-by-case basis and final exemption value is determined by the Butler County Auditor.

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

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.

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. Agreements may be entered into between the developer and the City on a case by case basis based upon the economic impact a project has on the community.

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. 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 65% of its power generation will come from renewable resources by 2014.

Hamilton was founded in 1791 as an army outpost named Fort Hamilton after founding father, Alexander Hamilton.

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Proximity to Major Markets

IN

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

OH

KY

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

Hamilton Enterprise Park Hamilton, Ohio 45015

Contact Us

Jody T. Gunderson Economic Development Director City of Hamilton, Ohio 513.785.7070 gundersoj@hamilton-oh.gov

CityBof Hamilton U T LER CO U NT Y OHIO