Cincinnati’s Over-the-Rhine: A Private Led Model for Revitalizing Urban Neighborhoods

Bruce Katz, Karen L. Black, Luise Noring

Publikation: Bog/antologi/afhandling/rapportRapport

Abstrakt

In 2003, Cincinnati’s Mayor, Council and business leaders created a private, non-profit organization called the Cincinnati Center City Development Corporation (3CDC) to implement a revitalization plan for downtown and its adjacent Over-the-Rhine neighborhood. This paper explores how the Cincinnati model created a new type of institution that makes catalytic, non-conventional investments in real estate such as civic spaces, severely blighted properties, affordable and special needs housing, speculative condominium development, and retail and office developments. 3CDC and its corporate board used primarily private funding to improve civic spaces and to catalyze the transformation of vacant and underutilized properties into investable resources in order to reinvigorate Cincinnati’s dormant downtown and change the trajectory of a neighborhood plagued by blight and vacancy.
OriginalsprogEngelsk
UdgivelsesstedPhiladelphia, PA
ForlagDrexel University Nowak Metro Finance Lab City
Antal sider71
StatusUdgivet - 2019
NavnNowak Metro Finance Lab City Cases
Nummer1

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