Peebles Corner/Southwest Quadrant Development

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Phase I

Southwest Quadrant Development:

1. Project: "The "Firehouse Row Commercial District"

The Firehouse Row Commercial District will consist of new construction and the rehabilitation of 30,000 sq ft of commercial office space, anchored by the renovation of a historic firehouse built in 1870 and other historically significant buildings. The development will be designed to attract small independent shop owners who provide professionaJ services (i.e. Archit~cts, Real Estate Brokers, Art Galleries, Graphic Designers, Accountants, etc.) that create designated clientele. "The Firehouse Row Development" and "The Southwest Quartrant Planning" will be part of Mayor's Mallory Southwest Quadrant Initiative.

The proposed target area for the "Fire House Row Commercial District" extends west from Gilbert Avenue along both sides of East McMillan to Concord Street. The development sites consist of23 parcels (see attached). Phase I of the District Development is the purchase of (8) eight buildings and (3) three vacant lots ofthe 23 propelties; The Walnut Hills Redevelopment (WHRF) and the City Of Cincinnati controls (9) nine of the 23 propelties. The other (4) four will remain in private hands. The V/HRF is proposing to demolish (7) seven of (11) eleven buildings under its control as well as the stabilization of the (1) one remaining building. Four of the properties will remain with their cun-ent ownership. The site will be seeded and maintained until development conuncnces.

Development Impact The results ofThe Fire House Conunercial Development will: • Remove slum and blight caused by the presence of vacant buildings and vacant

lots. • Create 12 or more new business opportunities. • Create 50 or more jobs. • Remove conditions that foster crime. • Create a positive image of the business district.

The District Development will give a new image and life to the Walnut Hills Business District that will attract new investors and businesses into the business disttict.

"Southwest Quadrant Residential Study"

II. Project: Southwest Quadrant Planning Planning for the Southwest Quadrant will produce a land use and development plan that will outline development and reuse of residential and commercial/retail properties located in the Southwest Quadrant.

The Southwest Quadrant is North by East McMillan (north side of street), East by Gilbert Avenue, and South by Eden Avenue and West by Reading Road / US 1-71.

To create a land use and development plan, the following activities will take place:

• Conduct a comprehensive conditions survey of all property located in the Study area and create a data base for collected infonnation

o Conduct an Opinion Survey of residents and stakeholders in the Target Area to detennine issues, concerns, 3l1d types of development desired

e Identify all vacant buildings and vacant lots o Identify possible development sites and their uses II Create a stakeholder focus group to provide input for the planning and

development process

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:/-'..( WALNUT HILLS AREA COUNCIL'vV A L NUT H ILL S WALNUT HILLS BUSINESS ASSOCIATION-. 9 Aplit, 2009

f ..... ·'O-· ... · WALNUT HILLS REDEVELOPMENT FOUNDATION