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

Bruce Katz, Karen L. Black, Luise Noring

Research output: Book/ReportReportResearch

Abstract

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.
Original languageEnglish
Place of PublicationPhiladelphia, PA
PublisherDrexel University Nowak Metro Finance Lab City
Number of pages71
Publication statusPublished - 2019
SeriesNowak Metro Finance Lab City Cases
Number1

Cite this

Katz, B., Black, K. L., & Noring, L. (2019). Cincinnati’s Over-the-Rhine: A Private Led Model for Revitalizing Urban Neighborhoods. Philadelphia, PA: Drexel University Nowak Metro Finance Lab City. Nowak Metro Finance Lab City Cases, No. 1
Katz, Bruce ; Black, Karen L. ; Noring, Luise. / Cincinnati’s Over-the-Rhine : A Private Led Model for Revitalizing Urban Neighborhoods. Philadelphia, PA : Drexel University Nowak Metro Finance Lab City, 2019. 71 p. (Nowak Metro Finance Lab City Cases; No. 1).
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abstract = "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.",
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Katz, B, Black, KL & Noring, L 2019, Cincinnati’s Over-the-Rhine: A Private Led Model for Revitalizing Urban Neighborhoods. Nowak Metro Finance Lab City Cases, no. 1, Drexel University Nowak Metro Finance Lab City, Philadelphia, PA.

Cincinnati’s Over-the-Rhine : A Private Led Model for Revitalizing Urban Neighborhoods. / Katz, Bruce; Black, Karen L.; Noring, Luise.

Philadelphia, PA : Drexel University Nowak Metro Finance Lab City, 2019. 71 p. (Nowak Metro Finance Lab City Cases; No. 1).

Research output: Book/ReportReportResearch

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Katz B, Black KL, Noring L. Cincinnati’s Over-the-Rhine: A Private Led Model for Revitalizing Urban Neighborhoods. Philadelphia, PA: Drexel University Nowak Metro Finance Lab City, 2019. 71 p. (Nowak Metro Finance Lab City Cases; No. 1).