the soul of the city

The Heart of the Neighborhood What it looks like currently: Madison & Whetsel is the center of the neighborhood. While it doesn’t look like much right now, we hold a lot of wonderful events here, like the Cincinnati Jazz & BBQ Festival, Winterfest and Music on Madison. Soon the community will be gathering here for shopping, entertainment and more.

The Heart of the Neighborhood Madisonville’s Neighborhood Business District radiates from the intersection of Madison Rd. and Whetsel Ave. We will orient new development along Whetsel as it is more pedestrian friendly. Whetsel Ave. Over the Summer of 2014 we asked for developers to send in their qualifications to redevelop this area. A team has been chosen and they have narrowed down the size of the development within this area. They are now working with us to finalize what this development will look like. Madison Rd.

The Heart of the Neighborhood The Future of Madisonville This is a rough idea of what we expect. These are just blocks representing where building will go, not architectural plans, but the drawing gives people a frame of mind for where we’re going here in Madisonville.

The Heart of the Neighborhood This gives people a really good idea of how our streets will feel a few years from now. Residents and business people asked for pedestrian friendly development and we think this is what it will look like.

What Has Madisonville Done So Far? Form Based Code Designation – to control the size, shape and character of our business district, with flexible usage Community Entertainment District Designation – to draw more restaurants, clubs, bars and entertainment oriented businesses Quality of Life Plan – hundreds of citizens gathered over several meetings to map Madisonville’s future Tax Increment Financing District – Tax dollars captured from Red Bank to neighborhood center set aside for business district development This is a quick overview of the four big things that this community has put in place to promote smart growth in Madisonville. This slide makes for a good summary.

Form Based Code Zoning based on building size, shape and location Must conform to the character of the neighborhood Only a few uses are not allowed Variances are allowed with community permission Applies to the business district and surrounding area only Form Based Code Zoning was put in place so that any new buildings, rehabs or developments fit into the future that we have envisioned for our community. The main purpose of it is to have appropriate buildings in appropriate places – no more parking lots as focal points. It will also help us to increase population here and expand living options at all price points.

Community Entertainment District Up to 15 new liquor licenses Licenses are much cheaper than market rate Each license approved by the community For food-service establishments only A few years ago we created the Community Entertainment District to attract more restaurants, bars and clubs so that Madisonville folks had some options to go out on a date in their own community. It allows establishments to get liquor licenses for a lot less money, making it more attractive for them to move here. At the same time, community gets to approve the license so that we don’t get the bad actors here.

Quality of Life Plan Dozens of meetings, hundreds of residents and business owners Mapping the future of our community We asked, ‘who do we want to be in a few years’ Our plan will become the only citizen-created neighborhood plan to be adopted by the City Planning Department. The neighborhood asked itself: “who do we want to be a few years from now?” “How do we get there?” We took the time to find out what we really want, and then we wrote it down. We own the real estate, now let’s make it happen.

Tax Increment Finance District Our TIF district includes almost all of Red Bank Road and goes well into our neighborhood business district, capturing tax dollars from new developments on Red Bank Tax Increment Financing allows us to designate a zone in our commercial district and borrow against future gains in the tax revenue to create those future gains. We’ve been able to lay the groundwork for our neighborhood business district through this innovative form of funding.

The Future of our Business District: Large mixed-use development at the corners of Madison & Whetsel Strip mall to be renovated and made into Class-A space Bank Building at 5900 Madison has been rehabbed for apartments and restaurant Streetscape will be improved with traffic calming features and bike lanes We’re poised to transform the center of our community in an image of our choosing.

The Future of our Business District: We control our future: MCURC and the City of Cincinnati currently control all of the real estate in green. About 7 acres in the heart of Madisonville’s business district are controlled by MCURC … with more on the way. This is what makes the development aspect of this so exciting – Madisonville gets to shape our future.

Housing Development by MCURC Rehabs – MCURC has done and will continue to redo houses for sale to owner occupants New Construction – Working with the Hamilton County Land Bank, we will build new infill homes across the neighborhood Aging in Place – We are working with People Working Cooperatively and the Lutheran Benevolent Society to keep seniors in their homes by providing repairs. MCURC is working with a number of civic and non-profit partners as well as private enterprises to boost the housing market at a variety of price points. We also want to keep our seniors in their homes

Housing Numbers Owner Occupancy Rate – 45% Single Family Detached – 64% Sales Statistics 2015-16: Average Sale Price up 4% (up 30% the previous year - best in the city) Median Sale Price up 14% (up 63% the year before) Sales between $100k and $199k up 270% Median days on market: 19 (down from 23) In 2015, Madisonville had the largest increase in the city for sale prices. In 2016, the market realized how hot Madisonville is and caught up, with more realistic gains. We’re seeing most homes sell at or very close to asking price - and many have sold for more than asking price! Homes are selling much faster, too.

And there’s this…. This national organization rated Madisonville as the hottest neighborhood in greater Cincinnati, coming in ahead of Clifton and Madeira.

Crime & Safety Part 1 Crime Per Capita (2016): Safest Neighborhoods: Mt. Lookout Hyde Park 5. Pleasant Ridge 6. Madisonville 24. Oakley 25. Columbia Tusculum 37. Mt. Adams Part 1 crimes include homicide, rape, robbery, aggravated assault, burglary, larceny, auto theft and arson. When part 1 crimes are measured vs. population (per capita) Madisonville has been the 11th safest Cincinnati neighborhood between 2009 and 2016, with lower crime rates trending. In 2016 we reached 6th. Our crime per capita numbers are consistently better than some of Cincinnati’s most desirable neighborhoods. This is a non-scientific study, not endorsed or conducted by the Cincinnati Police, but is a more accurate method of measuring crime in a city where our largest neighborhood is 211 times bigger than our smallest. Statistics provided by the Cincinnati Police and the US Census Bureau. Not a scientific study.

Demographics Diversity – We boast about a 50/50 mix and have been rated one of the city’s most successfully integrated neighborhoods Income – Madisonville’s income rate is above average for Cincinnati Education – Our educational attainment is higher, too Households Married with Children – 50% White Collar Professionals – 64% We are a stable, diverse, well educated, middle class community. And we’ve been that way for a long time.

Education John P. Parker, our public elementary and magnet school, had improved their rating to Effective – until the state changed the way they rate schools. Starting in the fall of 2017 they will offer environmental leadership and international studies, including trips abroad for all students. Located in Madisonville: John P. Parker Elementary (public), Schroeder High School (public), Madisonville SMART Elementary (charter), STEAM Academy (charter), the Lighthouse School (CPS sponsored charter) and the Seven Hills School (private). We have a variety of options for schools – public, private and charter. Our public elementary – John P. Parker – has small classes and are going from good to better in the ratings. They are a magnet school for their Latin program, making them a feeder for Walnut Hills, which is one of the top public schools in the nation. In the 2016-2017 school year they will add a Montessori pre-school program.

Green Space & Recreation The Little Duck Creek Trail is an urban nature trail for hikers and mountain bikers Murray Road Bike Trail Bramble Park has a playground and ball fields Rec Center has ball fields, a pool (with kayak lessons) a full sized gym and tennis courts Desmond Park is a best kept secret Lots of greenspace and trees You’d be amazed at how quiet our community is There are a variety of options for outdoor and indoor recreation in the neighborhood. And everyone is amazed at how quiet our streets are.

Madisonville the soul of the city This has been a slideshow about stats, information, demographics, plans and a lot of other “things” that you can tell people about Madisonville. But our best asset is our people. A survey of the community shows that 3 out of 4 residents feel that they can count on their neighbors. You won’t find that too many other places.

Madisonville the soul of the city Matt Strauss Real Estate Development & Marketing Manager Madisonville Community Urban Redevelopment Corporation matt@mcurc.org 271-2495 www.mcurc.org