Page 1

ANNEX

The

An innovative revitalization solution for Cincinnati’s developing core


Cincinnati’s Momentum - The Banks


Cincinnati’s Momentum - Fountain Square


Cincinnati’s Momentum - Music Hall


Cincinnati’s Momentum - Washington Park


Cincinnati’s Momentum - 3CDC Redevelopments


Cincinnati’s Momentum - Findlay Market


Cincinnati’s Momentum


Cincinnati’s Momentum

X

E The ANN


Existing Conditions: Weaknesses

lack of vibrancy

surface lots

vacant properties

unactivated public space

lack of identity

X

E The ANN

lack of safety


Problem The twelve-block radius surrounding the Main Library downtown currently lacks sustainable economic development, which has caused the underutilization of public/private land and fiscally inefficient investment for Downtown Cincinnati.


Existing Conditions: Strengths

access to transit

walkable streets

centrally located

access to technology

potential investment

X

E The ANN

anchor institions


Innovation Accelerator Inncubator Co-working Consultants/Networking


Innovation Accelerator Inncubator Co-working Consultants/Networking


Innovation Accelerator Inncubator Co-working Consultants/Networking

ANNEX


Innovation - Why here? Accelerator Inncubator Co-working Consultants/Networking

25 Min.

20 Min.

10 Min.


The

ACCESS

NETWORK

NURTURE

Annex [an-eks] verb:

EXPERIMENT

XCHANGE

to attach, append, or add, especially to something larger or more important


Vision The ANNEX will be an inclusive and collaborative ecosystem that creates a platform for local small businesses and entrepreneurs to connect with regional start-up resources and anchor companies, contributing to overall economic growth.


Case Study: Boston’s Seaport District

dense infill development access to transit activated public space

creating a unique sense of place


Planning Process

ISSUES


Planning Process

ISSUES Surface Lots

Lack of Identiy

Vacant Property

Lack of Safety

Unactivated Public Space

Lack of Vibrancy


Planning Process

THEORETICAL /ETHICAL CONSIDERATIONS ISSUES Surface Lots

Lack of Identiy

Vacant Property

Lack of Safety

Unactivated Public Space

Lack of Vibrancy


Xchange Hall Planning Process

THEORETICAL /ETHICAL CONSIDERATIONS Homeless

Surface Lots

Start-ups

Lack of Identiy

Vacant Property

Small Business

Library Patrons

ISSUES

Lack of Safety

Unactivated Young Public Space Professional

Lack of Vibrancy

Families


Planning Process SOLUTION

Communication THEORETICAL /ETHICAL CONSIDERATIONS Homeless

Surface Lots

Start-ups

Lack of Identiy

Vacant Property

Small Business

Library Patrons

ISSUES

Lack of Safety

Unactivated Young Public Space Professional

Lack of Vibrancy

Families


Xchange Hall Planning Process SOLUTION

Communication LPK

3CDC

Downtown Residents Council

THEORETICAL /ETHICAL CONSIDERATIONS

Homeless

Library Patrons

ISSUES

Surface Lots

Shelter House

Lack of Safety City of Cincinnati

Start-ups

Start up Cincy

Unactivated Young Public Space Professional

Lack of Identiy

Vacant Property

University of Cincinnati

Lack of Vibrancy Gateway Community College

First Batch Small Business

Families

Cintrifuse

Xavier Kentucky Innovation Network

Library

Cincinnati State


Xchange Hall Planning Process SOLUTION

STAKEHOLDERS Communication LPK

3CDC

Downtown Residents Council

THEORETICAL /ETHICAL CONSIDERATIONS

Homeless

Library Patrons

ISSUES

Surface Lots

Shelter House

Lack of Safety City of Cincinnati

Start-ups

Start up Cincy

Vacant Property

First Batch START UP RESOURCES

Unactivated Young Public Space Professional

Lack of Identiy

Lack of Vibrancy

Small Business

Families

Cintrifuse

Gateway Community PUBLIC College INSTITUTIONS Xavier

Kentucky Innovation Network

University of Cincinnati

Library

Cincinnati State


Xchange Hall Planning Process SOLUTION

STAKEHOLDERS Communication LPK

3CDC

Downtown Residents Council

Start-ups

Start up Cincy

THEORETICAL /ETHICAL CONSIDERATIONS

Surface Lots

Lack of Identiy

Lack of Safety

The ANNEX

Vacant Property

First Batch START UP RESOURCES

Library Patrons

ISSUES

Homeless

Shelter House

City of Cincinnati Unactivated Young Public Space Professional

Lack of Vibrancy

Small Business

Families

Cintrifuse

Gateway Community PUBLIC College INSTITUTIONS Xavier

Kentucky Innovation Network

University of Cincinnati

Library

Cincinnati State


Main Goals To create a sense of

To encourage

economic empowerment

cross-sector collaboration

To foster overall

To promote a

for all social classes and levels of education for local entrepreneurs, start-ups, and small businesses

regional economic growth

for the Greater Cincinnati and Northern Kentucky region, building upon existing industry strengths and local talent

in a high-density environment, encouraging a continuous exchange of ideas, knowledge, and resources

sense of community

increasing safety and quality of life in order to spark future infill development in the district


12 Block Concept Plan


Sense of Community - Innovative Infill Development


Sense of Community - Greenery


Sense of Community - District Branding


Economic Empowerment - “Smartscaping”


Economic Empowerment - Outdoor Work Stations


Cross-sector Collaboration - Future Co-working Space


Regional Economic Growth - Micro Factory


Regional Economic Growth - Sustainable Car Sharing


12 Block Concept Plan


2 Block Concept Plan


Sense of Community - Activating Public Space


Sense of Community - Greenery


Sense of Community - Interactive Lighting


Xchange Hall Collaboration - Xchange Hall Cross-Sector networking

North Building

economy shaping South Building

placemaking


Case Study: Boston’s Seaport District - District Hall economy sharing

food and beverage

events and networking


Xchange Hall - Elevations Apts 600 - 1,200 sq. ft. Apts 600 - 1,200 sq. ft.

APT 1,800 - 2,000 sq ft (8 units)

Micro Apts 300 - 1,200 sq. ft.

APT 1,200 - 1,500 sq ft (12 units)

Micro Apts 300 - 1,200 sq. ft.

APT 1,200 - 1,500 sq ft (12 units)

Micro Apts 300 - 1,200 sq. ft.

APT 300 & 1,200 sq ft (29 units)

Micro Apts 300 - 1,200 sq. ft. APT 300 & 1,200 sq ft (29 units) Micro Apts 300 - 1,200 sq. ft. APT 300 & 1,200 sq ft (29 units)

Co-Working Office Office 7,500 7,500 sq ft (3squnits) ft (3 units)

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office Office 5,000 5,000 sq ft (5squnits) ft (5 units)

Co-WorkingOffice Office 1,000 1,000 sqsqft ft (18(18 units) Co-Working units)

Co-Working Office Office 2,000 2,000 sq ft (14 sq units) ft (14 units)

Co-Working Office 1,000 sq ft (18 units)

Networking

Co-WorkingOffice Office 1,000 1,000 sqsqft ft (18(18 units) Co-Working units)

Public Co-Working (First Come First Serve) Vending

Main Library North Lot North Building Proposed Infill

Vending 47,285 total sq. ft.

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 1,000 sq ft (18 units) Co-Working Office 1,000 sq ft (18 units) Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 1,000 sq ft (18 units) Co-Working Office 1,000 sq ft (18 units) Vending


Xchange Hall - Vending

Apts 600 - 1,200 sq. ft. Apts 600 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Co-Working Office 7,500 sq ft (3 units)

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 5,000 sq ft (5 units)

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 2,000 sq ft (14 units)

Co-Working Office 1,000 sq ft (18 units)

Networking

Co-Working Office 1,000 sq ft (18 units)

Public Co-Working (First Come First Serve)

Co-Working Office 1,000 sq ft (18units)

Vending 47,285 total sq. ft.


Xchange Hall - Public Space

Apts 600 - 1,200 sq. ft. Apts 600 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Co-Working Office 7,500 sq ft (3 units)

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 5,000 sq ft (5 units)

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 2,000 sq ft (14 units)

Co-Working Office 1,000 sq ft (18 units)

Networking

Co-Working Office 1,000 sq ft (18 units)

Public Co-Working (First Come First Serve)

Co-Working Office 1,000 sq ft (18units)

Vending 47,285 total sq. ft.


Xchange Hall - Co-working (2,000 - 7,500 sq.ft.)

Apts 600 - 1,200 sq. ft. Apts 600 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Co-Working Office 7,500 sq ft (3 units)

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 5,000 sq ft (5 units)

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 2,000 sq ft (14 units)

Co-Working Office 1,000 sq ft (18 units)

Networking

Co-Working Office 1,000 sq ft (18 units)

Public Co-Working (First Come First Serve)

Co-Working units) Co-Working Office Office 1,000 1,000 sq sq ftft (18 (18units)

Vending 47,285 total sq. ft.


Xchange Hall - Co-working (1,000 sq.ft.)

Apts 600 - 1,200 sq. ft. Apts 600 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Co-Working Office 7,500 sq ft (3 units)

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 5,000 sq ft (5 units)

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 2,000 sq ft (14 units)

Co-Working Office 1,000 sq ft (18 units)

Networking

Co-Working Office 1,000 sq ft (18 units)

Public Co-Working (First Come First Serve)

Co-Working Office 1,000 sq ft (18 units)

Vending 47,285 total sq. ft.


Xchange Hall - Micro Apartments

Apts 600 - 1,200 sq. ft. Apts 600 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Micro Apts 300 - 1,200 sq. ft. Co-Working Office 7,500 sq ft (3 units)

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 5,000 sq ft (5 units)

Co-Working Office 1,000 sq ft (18 units)

Co-Working Office 2,000 sq ft (14 units)

Co-Working Office 1,000 sq ft (18 units)

Networking

Co-Working Office 1,000 sq ft (18 units)

Public Co-Working (First Come First Serve)

Co-Working Office 1,000 sq ft (18 units)

Vending 47,285 total sq. ft.


Xchange Hall - Cincinnati Fiscal Impact Analysis

Proposed Revenues

Proposed Expenditures

Proposed Fiscal Benefit

Multi-Family

$214,872.97

$5,054,836.43

($4,839,963.45)

High Traffic Retail

$245,482.95

$344,420.70

($98,937.74)

$1,631,030.59

$1,191,973.24

$439,057.35

$37,830.24

$79,704.65

$(41,874.41)

$283,507.16

$0.00

$283,507.16

$2,412,723.91

$6,670,935.01

($4,258,211.10)

Office Education & Government Not Attributed to LU Categories TOTAL


Xchange Hall - Cost Value by Income

$73,394,718

Development Cost

$96,365,500

Investment Needed

($22,970,782)


Xchange Hall - Cost Revenue to Revenue Value by Income

$73,394,718

Development Cost

$96,365,500

Investment Needed

($22,970,782)

Revenue per Sq. Ft.

Leasable Sq. Ft.

Revenue Yearly

Value by Income

Vending

$20

197,295

$945,700

$8,931,611

Public

$0

57,610

$0

$0

Office

$20

197,295

$3,945,900

$36,828,400

$2.25 (Monthly)

110,880

$2,993,760

$27,634,707

563,080

$7,885,360

$73,394,718

Residential Total


Xchange Hall - Cost Analysis

Value by Income

$73,394,718

Development Cost

$96,365,500

Investment Needed

($22,970,782)


ANNEX- Available Financing

X

E The ANN


ANNEX - TIF Districts

wn o t n w Do st OTR Ea

wn o t n w Do est W R T O X

E The ANN


ANNEX - DCI

X

E The ANN

Spec

em v o r p ial Im

tric s i D s t en

t


ANNEX - 2020-2021 DCID Financing 5% 2% 8%

20%

66%

5% 2% 8%

Total Revenue: $3,000,000 20%

66%

Safe & Clean, & Beautiful Services Communications & Marketing Stakeholder Services Special Improvment District Legal, Insurance, Collection Fee, Resolutions Reserves

X

E The ANN

Spec

em v o r p ial Im

tric s i D s t en

t


ANNEX - DCID Sub Committee

Board of Directors

Public Institutions

UC

Xavier

Cincy State

Start Ups Resources

Library

Gateway

Cintrifuse First Batch

Start Up Cincy

Stake holders

NKY Rep.

DCI

3CDC

LPK

DRC

Shelter House


The ANNEX

X

E The ANN


The

ACCESS

NETWORK

NURTURE

Annex [an-eks] verb:

EXPERIMENT

XCHANGE

to attach, append, or add, especially to something larger or more important

The Annex  

An Innovative Revitalization solution for Cincinnati's Developing Core. This project was completed in the summer semester of 2017 by myself...

The Annex  

An Innovative Revitalization solution for Cincinnati's Developing Core. This project was completed in the summer semester of 2017 by myself...

Advertisement