Tuesday, July 27, 2010

Washington Park receives $5M for garage, outreach reception planned

The State of Ohio's Development Financing Authority Council has awarded $5 million through its Urban Development Loan program to help pay for a 450-space underground parking garage in Over-the-Rhine's Washington Park.

The garage is part of a $47.3 million redevelopment project by 3CDC and the Cincinnati Park Board that will also include an event lawn and stage, a centerpiece fountain, picnic tables and seating, a dog park, children's playground, walkways, restrooms, a concession building, and new lighting and irrigation.

In June, Cincinnati City Council approved a $14 million financing package that included $11.5 million in bonds, $2 million in City capital funds, and a Green Demonstration Program grant from the Metropolitan Sewer District of Greater Cincinnati.

On August 3, Council's Livable Communities Committee will vote on a zoning change for the site from single-family and multi-family residential to a planned development district.  The City Planning Commission approved of the rezoning at its June 18 meeting.

If approved by Council on August 4, construction could begin next month, with completion in November 2011.

Outreach reception

This Thursday, Skanska USA Building and D.A.G. Construction will be hosting an outreach reception for prospective bidders, with the goal of opening the process to more small-, minority-, and women-owned businesses.

The reception, to be held from 4 p.m.-6 p.m. at Cincinnati Music Hall's Corbett Tower, will give contractors the opportunity to network with the project's developers and market their company.

Those interested in attending are asked to RSVP by the end of tomorrow. To reserve a spot, contact Lindsay Wilhelm by e-mail at lwilhelm@dag-cons.com or by telephone at (513) 542-8597 ext. 129.

Drinks and hors d'oeuvres will be provided.

Previous reading on BC:
Cincinnati committee approves $14M package for Washington Park (6/28/10)
Dohoney: City addressing Washington Park issues (10/10/08)
Washington Park homeowners 'no longer willing to accept' park nuisance (9/10/08)
Washington Park will expand (6/3/08)
Dohoney says City will enforce agreement over CPS land (5/8/08)