Cincinnati Center City Development Corporation (3CDC) is a private,

non-profit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...

real-estate development and finance organization focused on strategically revitalizing Cincinnati's downtown urban core in partnership with the City of Cincinnati and the Cincinnati corporate community. Its work is specifically focused on the central business district and in the

Over-the-Rhine Over-the-Rhine (often abbreviated as OTR) is a neighborhood in Cincinnati, Ohio, United States. Historically, Over-the-Rhine has been a working-class neighborhood. It is among the largest, most intact urban historic districts in the United State ...

(OTR) neighborhood. The organization is widely credited with revitalizing OTR, which during the early 2000’s was considered one of the most dangerous neighborhoods in the United States. While the organization began as a full-service real estate developer, it has since branched out and become a significant event programmer in Cincinnati, producing over 1,000 events per year at the four civic spaces it manages:

Fountain Square A fountain square is a park or plaza in a city that features a fountain. It may stand alone or as part of a larger public park. In the United States, there are numerous fountain squares, many of which are actually called "fountain square." The ...

, Washington Park, Ziegler Park and Memorial Hall.

History

In July 2003, 3CDC was formed by former mayor of Cincinnati,

Charlie Luken Charles John Luken (born July 18, 1951, in Cincinnati, Ohio) is an American politician of the Democratic party who was mayor of Cincinnati, Ohio, and served in the Ohio's 1st congressional district in the United States House of Representatives. L ...

and other corporate community members. This was a result of a recommendation by a City of Cincinnati Economic Development Task Force. Most funds are gathered through corporate contributions. In 2004, 3CDC accepted responsibility for overseeing Cincinnati New Markets Fund and Cincinnati Equity Fund. As of May 2018, those funds total over $250 million and have resulted in over $1.3 billion invested in downtown and Over-the-Rhine real estate projects.

Controversy

Some long-term residents of the Over-the-Rhine neighborhood have voiced concern that 3CDC does not sufficiently attend to the concerns of long-term residents of the neighborhood, which was formerly 80% African-American, and that gentrification caused by 3CDC's development is displacing the existing population and businesses. On three occasions, the Cincinnati Board of Housing Appeals has accused 3CDC of "demolition by neglect" (a first-degree misdemeanor in Cincinnati) by allowing vacant buildings to be neglected until they require emergency demolition.

Projects

plaza and garage: October 2005 - October 2006 * Washington Park: August 2010 - February 2011 *

Vine Street Vine Street is a street in Hollywood, Los Angeles, California that runs north–south between Franklin Avenue and Melrose Avenue. The intersection with Hollywood Boulevard was once a symbol of Hollywood itself. The famed intersection fell into d ...

streetscape project: Summer 2009–Present *

: ongoing project redeveloping streets starting with Vine Street and Central Parkway

References

External links

* {{Authority control Organizations based in Cincinnati Non-profit corporations Organizations established in 2003 2003 establishments in Ohio