BOARD MEMBERS
3CDC operations are funded
privately, primarily through
contributions from local
corporations and civic
institutions, resulting in a
total of $1.3 million.
* Fortune 500 Headquartered
Companies
American Financial Group *
American Modern Insurance Group
Castellini Company
Children’s Hospital
Cincinnati Bell
Cincinnati Enquirer
Cincinnati USA Regional Chamber
Cintas
Convergys Corporation
Deloitte
Dinsmore & Shohl
Duke Energy
Fifth Third Bank *
First Financial Bank
GE Aviation
Global Novations
KPMG
Macy’s *
North American Properties
Peck, Shaffer & Williams
PNC Bank
Procter & Gamble *
Scripps Interactive
The Kroger Company *
Towne Properties
Toyota Motor Company
U.S. Bank
United Way
Uptown Consortium
Western & Southern Financial Group *
CEF/CNMF
CINCINNATI EQUITY FUND/CINCINNATI NEW MARKETS ALLOCATIONS
Cincinnati Equity Fund
Cincinnati Equity Fund II
Cincinnati New Market Fund
Cincinnati New Market Fund II
Cincinnati New Market Fund III
State New Market Tax Credit
Cincinnati New Market Fund IV
TOTAL
$44.5 million
$56.5 million
$50.0 million
$35.0 million
$18.0 million
$2.0 million
$50.0 million
$256.0 million
INVESTMENTS TO DATE
OVER THE PAST 9 YEARS
$442 Million 3CDC/CEF/CNMF investment
$288 Million private investment
$98 Million City investment
$829 Million
Invested in downtown and OTR
INVESTMENTS TO DATE
OVER THE PAST 9 YEARS
$829 investment has resulted in:
Buildings Restored:
125
Acres of Civic Space:
10
Apartments:
679
Condominiums:
407
Hotel Rooms:
156
Shelter Beds:
328
Commercial SF:
835,370
Parking Spaces:
2,862
HOW WE FUNCTION
FLEXIBILITY TO FUNCTION IN A VARIETY OF ROLES
•
Developer / Master Developer
•
Placemaking
 Mixed-Use Development
 Fountain Square
 21c Museum Hotel
 Washington Park
 dunnhumby centre
 OTR Business District
 Mercer Commons
 Streetscapes
 Fountain Square
 Washington Park
HOW WE FUNCTION
OUR PRIORITIES
CREATE / MANAGE
GREAT CIVIC
SPACES
CREATE HIGHDENSITY
MIXED-USE
DEVELOPMENT
PRESERVE
HISTORIC
STRUCTURES
AND IMPROVE
STREETSCAPES
CREATE DIVERSE,
MIXED-INCOME
NEIGHBORHOODS
SUPPORTED BY
LOCAL BUSINESSES
FOUNTAIN SQUARE
A DAY IN THE LIFE
FOUNTAIN SQUARE
A DAY IN THE LIFE
FOUNTAIN SQUARE
A DAY IN THE LIFE
FOUNTAIN SQUARE
A DAY IN THE LIFE
FOUNTAIN SQUARE
A DAY IN THE LIFE
FOUNTAIN SQUARE
A DAY IN THE LIFE
FOUNTAIN SQUARE
A DAY IN THE LIFE
FOUNTAIN SQUARE
A DAY IN THE LIFE
FOUNTAIN SQUARE
FOUNTAIN SQUARE
FOUNTAIN SQUARE GARAGE
BEFORE
FOUNTAIN SQUARE
FOUNTAIN SQUARE GARAGE
NET OPERATING INCOME 2007 - 2012
Fountain Square NOI 2007‐2013
2500000
2000000
1500000
1000000
500000
0
1
2
3
4
5
6
7
Year
2007
2008
2009
2010
2011
2012
2013
NOI
$830,373
$1,442,144
$1,819,315
$2,143,907
$2,113,016
$1,978,197
$2,200,000
CONSTRUCTION PROCESS
FOUNTAIN SQUARE GARAGE
AFTER
FOUNTAIN SQUARE
REVENUES
Sponsorships and Grants
City of Cincinnati
Ice Rink Revenues
Concessions & Vending
Third Party Event Service Fees
Management, Vending and other income
TOTAL
$897,250
$405,359
$316,614
$423,044
$147,471
$129,000
TOTAL REVENUES
$2,368,738
EXPENSES
Administrative Expenses
All Event Expenses
Plaza Maintenance Expenses
Fundraising expenses
TOTAL
$476,605
$1,261,025
$580,561
$168
TOTAL EXPENSES
NET SURPLUS/DEFICIT
$2,318,359
$ 50,378
FOUNTAIN SQUARE
AFTER RENOVATION
FOUNTAIN SQUARE
AFTER RENOVATION
FOUNTAIN SQUARE
AFTER RENOVATION
FOUNTAIN SQUARE
ECONOMIC CATALYST
Proposed
3CDC/Private
Civic
dunnhumbyUSA
10,489 SF Available
FOUNTAIN SQUARE
ECONOMIC CATALYST
FOUNTAIN SQUARE
ECONOMIC CATALYST
FOUNTAIN SQUARE
ECONOMIC CATALYST – LOFTS AT FOUNTAIN SQUARE
FOUNTAIN SQUARE
ECONOMIC CATALYST – THE MCALPIN
METROPOLE APARTMENTS
BEFORE RENOVATION
21C MUSEUM HOTEL
• Developer: 21c Museum Hotel LLC
• Project Cost: $56 million
• Project Summary:
 156-room boutique hotel
 8,000-SF public exhibition
space
 Metropole restaurant
 Meeting rooms
• Completion Date:
 November 2012
CINCINNATI
MAISONETTE
BEFORE RENOVATION
BOCA/SOTTO/IGBY’S
• Developer: 3CDC
• Project Cost: $14.6 Million
• Project Size: 29,050 SF
• Project Summary:
 346-seat restaurant
 Specialized kitchen space
 Office space for Boca
Restaurant Group
 7,000-SF entertainment
complex by 4EG
• Estimated Completion Date:
 Igby’s opened Nov 2012
 Boca/Sotto opened March
2013
BOCA/SOTTO/IGBY’S
DUNNHUMBY CENTRE
• Developer: dunnhumby & 3CDC
 Dunnhumby is the world’s leading
customer science company.
dunnhumbyUSA is a joint venture
of The Kroger Company and
London-based dunnhumby, with
clients including Kroger, CocaCola, General Mills, KimberlyClark, Macy’s, PepsiCo, and P&G.
• Project Cost: $120 million
• Project Size: 305,000 SF
• Project Summary:
 1,093 space parking garage
 29,000 SF street level
commercial space
 280,000 SF office space
DUNNHUMBY CENTRE
DUNNHUMBY CENTRE
DUNNHUMBY CENTRE
DUNNHUMBY CENTRE
DUNNHUMBY CENTRE