TY - RPRT
T1 - Cincinnati’s Over-the-Rhine
T2 - A Private Led Model for Revitalizing Urban Neighborhoods
AU - Katz, Bruce
AU - Black, Karen L.
AU - Noring, Luise
PY - 2019
Y1 - 2019
N2 - 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.
AB - 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.
M3 - Report
T3 - Nowak Metro Finance Lab City Cases
BT - Cincinnati’s Over-the-Rhine
PB - Drexel University Nowak Metro Finance Lab City
CY - Philadelphia, PA
ER -