STATE OF DOWNTOWN CINCINNATI · 17 Seven at Broadway Seventh and Broadway Streets RES $22.30 2015 18 Smale Riverfront Park (Phase 3-4) The Banks CEE $25.40 2015 19 Smale Riverfront

STATE OF

DOWNTOWNCINCINNATI

INCLUDING: DOWNTOWN CINCINNATI INC. 2015 ANNUAL REPORT

Issued April 2016

Indian Cultural Arts Centre at Art Academy Mikki Schaffner, courtesy of ArtsWave

INTRODUCTIONINTRODUCTIONTABLE OF CONTENTS

01 INTRODUCTIONPartners, About Downtown Cincinnati Inc., About thisReport, Letter from the Mayor of the City of Cincinnati,Letter from the Board Chair and President/CEO of DCI

05 WORKLease Transactions, Downtown Development, Employment,Office Inventory, Office Rental and Vacancy Rates

13 LIVEPerceptions, Residential Amenities, Safe and Clean,Residential Unit Sales and Prices, Residential Units andOccupancy, Downtown Population

21 PLAYEntertainment, Hotels, New Retail, Retail Compositionand Occupancy, Conventions, Walks and Runs

35 ACCESS AND TRANSITMonthly Parking, Public Transit

39 DCI 2015 ANNUAL REPORTHighlights and Accomplishments, Safe and Clean,Marketing and Communications, Stakeholder Services,Auditors’ Report, Financial Statements, DCI Board ofDirectors, DCI Members, Staff

SOURCESThe data presented in this report is derived from many sources including reports by the media and information collecteddirectly from organizations where available. To provide us with more accurate data on any information contained in thisreport, to submit your photographs, to request additional information, or to place your name on our e-mail list for futuremailings, please send an email to [email protected].

Please visit downtowncincinnati.com for more publications from Downtown Cincinnati Inc.

Also visit these websites for additional information on downtown Cincinnati:

• bizjournals.com/cincinnati• choosecincy.com• cincinnati.com• cincinnati-oh.gov

• cincinnatichamber.com• cincinnatiUSA.com• cincyusa.com• ilivedowntown.com

• myfountainsquare.com• otrchamber.com• soapboxmedia.com

Radius at the Banks Construction Travis Estell

Instagram Photo Roy Davis & Audrey Ann Photography, courtesy of the Underground Railroad Freedom Center

1 I STATE OF DOWNTOWN REPORT

INTRODUCTIONINTRODUCTIONPARTNERSDowntown Cincinnati Inc. thanks the following individualsand organizations for their assistance in compiling this report:

CBRE

Cincinnati’s arts, culture,sports & entertainmentorganizations

Cincinnati BusinessCourier

Cincinnati Center CityDevelopment Corporation(3CDC)

Cincinnati MultipleListing Service

Cincinnati USAConvention & VisitorsBureau

Cincinnati USA RegionalChamber of Commerce

Cincy Red Bike

City of Cincinnati

Colliers International

Cushman & Wakefield

Downtown ResidentsCouncil

Enquirer Media

Greater Cincinnati &Northern Kentucky FilmCommission

Keep Cincinnati Beautiful

Metro

Amy Smith

The Corporation forFindlay Market ofCincinnati

Xceligent, Inc.

We are thankful for the generosity of many talentedphotographers. Credits are provided next to each image,where possible.

Special Thanks to Kolar Design for creating the cover images

Taste of Cincinnati Thadd Fiala

ABOUT DOWNTOWN CINCINNATI INCORPORATED (DCI)Founded in 1994, DCI is a non-profit organization with a mission to build a dynamicmetropolitan center valued as the heart of the region. DCI supports this mission by providingunique services in three areas: safe and clean, marketing and communications, and stakeholderservices. The organization is funded by members, sponsors, and by the property owners of theDowntown Cincinnati Improvement District, which includes property within the boundariesof Eggleston Avenue, Central Parkway, Central Avenue, and the Ohio River. DCI providesleadership and information regarding community and development issues, working togetherwith public and private partners to ensure long-term downtown vitality.

STATE OF DOWNTOWN REPORT I 2

INTRODUCTIONINTRODUCTIONABOUT THIS REPORTThe State of Downtown Cincinnati (Issued April, 2016) is a compilation of most recentlyavailable data pertinent to our stakeholders and visitors: residential; safety and cleanliness;development, office and employment; retail and restaurants; convention and hotels; arts, cultureand entertainment; plus access and parking.

The DCI Annual Report provides an overview of the organizational accomplishments ofDowntown Cincinnati Inc. during 2015 for each area of service: Safe and Clean, Communicationsand Marketing, and Stakeholder Services. Financial statements, board, staff, and member listsare also provided.

Please visit downtowncincinnati.com to download a copy of this report and to find morecontent on information presented here. We hope you enjoy reading the report, and we welcomeyour questions and comments.

Downtown Cincinnati Inc. Street Pole Banner Travis Estell

John Morris Russel conducts Mikki Schaffner, courtesy of ArtsWaveCincinnati Youth Orchestra

INTRODUCTIONINTRODUCTION


Dear Downtown Cincinnati Inc.,

During the 86th All-Star Game, Cincinnati shone as a vibrant, friendly,and beautiful destination for baseball fans from around the world.Throughout the year, we welcomed visitors, businesses, and residentsto experience the renaissance taking place downtown.

The All-Star Game was just one piece of an incredible year, with anewly completed riverfront park and center city humming with newjobs, new construction, and renewed energy. More businesses openedin the heart of the city–84.51°, Homewood Suites, Hampton Inn, andCincinnati Bell. New residents at Seven at Broadway and SchwartzLofts now call downtown home. We saw continued development inconstruction and transportation, as we look to the Cincinnati Streetcarand the GE Global Operations Center opening in 2016. As a result of hardwork and strong partnerships, our downtown tells a story of rebirth,growth, and opportunity.

Working with partners like Downtown Cincinnati Incorporated, wecan continue to build on our success. Throughout 2015 we experiencedan incredible year, with the chance to show off a revitalized Cincinnatito visitors who experienced the spectacular Smale Riverfront Park,nationally recognized restaurants, and the hospitality of our friendlyDowntown Ambassadors.

John J. CranleyMayorCity of CincinnatiDCI Honorary Board Chair

INTRODUCTIONINTRODUCTION


DEAR STAKEHOLDERS,

Everything we do at Downtown Cincinnati Inc. (DCI)is guided by this statement: The mission of DowntownCincinnati Inc. is to build a dynamic metropolitancenter valued as the heart of the region.Along with Honorary Chair Mayor John Cranley, DCIBoard Chair Ed Diller and I have ensured a laser-likefocus on that mission and DCI’s critical role in thistime of great progress and rapid change. The successof downtown can be seen not only in the CentralBusiness District, but in the growth and vibrancy inneighborhoods throughout Cincinnati. Indeed, theheart of the region is strong and getting stronger.

DCI has four clear functions in delivering the mission:

1. Safe/Clean/Beautiful

2. Marketing/Communications

3. Stakeholder Services

4. Leadership Advocacy

You will see throughout this State of DowntownReport and Annual Report significant accomplish-ments and continued progress in each of these areas.We are delighted that not only “hard measures” likesafe/clean statistics continue to improve, but all-important customer perceptions keep getting betterand better. This is because we stay focused on fulfill-ing our roles. In 2003, under the leadership of MayorCharlie Luken and Board Chair (former Vice Presidentof External Relations at P&G) Charlotte Otto, FOCUSbecame a core value at DCI and safe/clean serviceswere recognized as the “price of entry” for develop-ment. Today, under Mayor Cranley and our currentboard leadership, our focus is even more well-defined.

In the past year, we have seen changes in leadershipat several partner organizations such as the CincinnatiPolice Department and the Cincinnati USA RegionalChamber. We look forward to working with newPolice Chief Eliot Isaac and Chamber President JillMeyer as they guide their organizations into thefuture. There have been many other changes in boththe public and the private sectors, and we expect thepace and impact of change to increase in 2016. All ofthis change underscores the key asset that DCI offers— our relationships and ability to make connectionswith, and between, partners both old and new.

One of the highlights of the year is the DCI HolidayReception hosted by the Westin Hotel under theleadership of General Manager and DCI BoardMember, Kathleen Gilbey. More than 400 people—members and friends—of the DCI “family” attended.It is remarkable, and heartwarming, to see many oldfriends joined by new and diverse friends who allshare a passion for the growth of downtown and themission of DCI. There are many ways to be involvedin the work we do, from the board, to committees andtask forces to sector groups, and DCI provides a forumfor those who love downtown.

In this report you will see many great successstories such at the MLB All-Star Game in July. DCIwas delighted to play a role in this achievement andwe are grateful to wonderful partners, such as PhilCastellini and the Community Organizing Committeeof the All-Star Game. We appreciate being a part ofthese enormous endeavors and take pride in makingmeaningful contributions. We also want to thank ourpartners at the Downtown Cincinnati ImprovementDistrict (DCID) who largely fund the work of DCI andensure we stay focused on our mission. We are alsograteful to our colleagues at the City of Cincinnati andHamilton County for their generous support, hardwork, and professional partnership. Finally, we deeplyappreciate the work of the DCI staff including theDCI Ambassadors who work, every day, to bring themission and the spirit of DCI to life.

Best regards,

David N. Ginsburg Edward D. DillerPresident and CEO Board ChairDowntown Cincinnati Inc. Downtown Cincinnati Inc.

Downtown Cincinnati was buzzing with construction activity in2015, creating $522 million in capital investment for completedprojects and $698 million for projects under construction. Majordevelopments included the completion of the 84.51° building(once known as the dunnhumby Centre), the AT580 buildingrenovation, and the construction of the Cincinnati Streetcar.The new Homewood Suites and Hampton Inn and Suitesadded even more excellent hotel options downtown, and thecompletion of Smale Riverfront Park greatly enhanced theexisting public gathering space at The Banks.WOR

K

Queen City Tower Lobby Thadd Fiala


WORKWORKWORKWORKWORKLEASE TRANSACTIONSMajor lease transactions included the newly created marketing unit for Kroger called 84.51°,located at the new 84.51° Centre, and a major expansion for Taft Stettinius & Hollister LLP at theirlocation in US Bank Tower. Staffmark relocated to the Omnicare Center, joining General Electric,which is temporarily located in the building while its new office tower is under construction atThe Banks.

Company Location Sq. Ft. Type

84.51° 84.51° Centre 172,220 Relocation

Taft Stettinius & Hollister LLP U.S. Bank Tower 106,053 Expansion

Staffmark Omnicare Center 43,542 Relocation

General Electric Company Atrium Two 34,105 Temporary

Fifth Third Bank AT 580 32,630 Expansion

Cincinnati Bell Atrium Two 16,947 Expansion

Fosdick and Hilmer Huntington Center 16,387 Relocation

RiverPoint Capital Management Scripps Center 14,143 Relocation

Curiosity, LLC The Executive Building 13,979 Relocation

Cincinnati Orchestra Symphony Carew Tower 12,754 Temporary

LPK Presidential Plaza 12,500 Expansion

EBTH, Inc Fourth & Walnut Centre 12,470 New

Better Business Bureau (BBB) One East Fourth Street 10,783 Relocation

Tire Discounters One East Fourth Street 10,332 Relocation

Chemed Corp First Financial Center 9,895 Expansion

Zipscene The Gwynne Building 9,535 New

Reckitt Benckiser PLC (RB PLC) Columbia Plaza 8,964 Relocation

Emersion Design The Edge 8,500 Relocation

CNBS Centennial Plaza III 6,032 Relocation

Source: Cushman & Wakefiled; Colliers International; Xceligent, Inc. Please note: Listed are the top leases signed in the CBD in 2015, according to square feet. Start dates ofoccupancy vary. For purposes of this report ‘New’ = New to downtown; ‘Relocation’ = Relocation from an existing downtown space; ‘Expansion’ = Expansion of existing space orthe combining of multiple locations into one space.

WORKWORKWORKWORKWORK


DOWNTOWN DEVELOPMENTFrom recreational and public spaces like Smale Riverfront Park, new residential developmentlike Seven at Broadway, and creative spaces like Cintrifuse at Union Hall, these majordevelopment projects created $522 million invested in downtown Cincinnati during 2015.Another $698 million in investment is currently under construction, with many of theseprojects expected to be complete in 2016.

9

1

2

3

4

5

6

7

8

10

11

12

13

32

33

34

3536

38

39

40

43

46

48

49

41

44

47

42

45

37

14

15

16

17

1819

50

52

53

54

58

62

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63 56

60

57

61

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24

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Project Name Address Type Investment Completion/($M) Anticipated

Completion

1 1201 Walnut 1201 Walnut Street MIX $7.14 20152 15 West 14TH 15 West 14th Street CEE $1.05 20153 84.51° Fifth and Race Streets MIX $139.73 20154 AT580 580 Walnut Street MIX $43.00 20155 Beasley Place 1405 Republic Street RES $2.80 20156 CAC Lobby Renovation 44 East Sixth Street CEE $1.10 20157 Chatfield College 1544 Central Parkway CEE $3.40 20158 Cincinnati Streetcar (construction) CBD and OTR ACC $133.00 20159 City Gospel Mission 1805 Dalton Street RES $14.55 201510 Cutter Apartments Scattered Site, Broadway, 12th Street and 13th Street RES $5.10 201511 Drop Inn Center Men’s Facility 747 W. 5th Street RES $17.32 201512 Globe Building 1801-1805 Elm Street MIX $4.60 201513 Hogan Building 1317 and 1319 Republic Street RES $2.00 201514 Homewood Suites and Hampton Inn and Suites 617 Vine Street CEE $37.00 201515 Mercer III Townhomes 10-26 Mercer Street MIX $5.45 201516 Parksite 1316-1318 Race Street RES $3.60 201517 Seven at Broadway Seventh and Broadway Streets RES $22.30 201518 Smale Riverfront Park (Phase 3-4) The Banks CEE $25.40 201519 Smale Riverfront Park (Phase 5) The Banks CEE $15.00 201520 Taft’s Ale House 1429 Race Street CEE $9.60 201521 Tea Company Townhomes 18-20 West 13th Street, 1307 Republic Street MIX $3.10 201522 The Olson 1408 Elm Street RES $1.74 201523 The Osborne 118 and 122 West 15th Street and 1509 Pleasant Street MIX $3.61 201524 The Transept 1205 Elm Street CEE $4.50 201525 Union Hall (Cintrifuse) 1311-1315 Vine Street MIX $16.00 201526 Westin Hotel Renovation 21 East Fifth Street CEE N/A 2015

27 309 Vine 309 Vine Street MIX $76.00 201628 15th and Race 15th and Race Streets MIX TBD 201929 8th & Sycamore - Phase I Sycamore between 7th & 8th MIX $17.00 201630 8th & Sycamore - Phase II Sycamore between 7th & 8th RES $35.00 201631 Abington Flats 33 Green Street RES $4.85 201632 AC Hotel SW corner of Joe Nuxhall Way and Freedom Way CEE $35.00 201733 Alumni Lofts 1310 Sycamore Street RES $24.00 201634 Autograph Collection Hotel 311 Pike St. & 300 Lytle Street RES $35.00 201735 Broadway Square Phase II Scattered Site, Broadway, 12th Street and 13th Street MIX $13.00 201636 Cincinnati Shakespeare Company 217 W. 12th Street CEE $17.00 201737 Holiday Inn Hotel Broadway and Seventh Streets CEE $14.00 201638 Lytle Park Renovation Lytle Park ACC $6.00 201739 Lytle Tunnel Renovation Lytle Park and I-71 ACC $31.60 201740 Market Square at Findlay Market 1800 block of Race Street (east side) MIX $24.00 201641 Memorial Hall 1225 Elm Street CEE $11.00 201742 Merchants Building Lofts 32 W. 6th Street RES $9.90 201643 Music Hall Revitalization 1243 Elm Street CEE $129.00 201744 The Banks Phase II A (Radius, retail) The Banks MIX $67.00 201645 The Banks - Phase II B (GE) The Banks OFF $90.00 201646 Warner Brothers Building 1600 Central Parkway OFF $1.30 201647 YMCA 1105 Elm Street MIX $27.50 201648 Ziegler Park Sycamore Street between 13th and 14th Streets CEE $30.00 2017

49 15th and Vine 1425 - 1437 Vine and Five West 15th Street MIX $16.00 201750 100 West Elder 100 West Elder Street MIX $1.59 TBD51 16 West Central Parkway 16 W. Central Pkwy. MIX TBD 201952 515 E. 12th St. 515 E. 12th Street RES $1.60 TBD53 Baldwin Piano Co. Building 655 Eden Park Drive RES $39.00 TBD54 Boutique Hotel 208-214 W. 12th Street CEE $7.40 TBD55 CVG Murals 525 Elm Street CEE $7.00 201656 Fourth & Walnut Centre 105 E. Fourth Street MIX TBD 201757 Fourth and Race 411 Race Street MIX $77.30 TBD58 Garfield Suites Conversion 2 Garfield Place RES TBD 201759 Hotel at former P&G Building 299 E. Sixth Street CEE TBD 201760 Kauffman Building 1725 Vine Street MIX $2.78 TBD61 Liberty & Elm NW corner of Liberty & Elm St. MIX $27.00 201762 Strietmann Biscuit Co. Building 221 W. 12th Street MIX $15.00 201863 The Nielen 223 W. 4th Street RES $6.00 TBD

Source: Data collected from media sources and reports from developers, when availableNote: Includes projects with an estimated investment amount of $1 million or more that are completed, under construction or proposed as of year-end 2015.Mixed Use (MIX) categorizes developments with multiple uses, for instance, a building with retail on the ground floor, and office or residential above.

Completed Projects Proposed Projects

Central Business District

Over-The-Rhine

Pendleton

ACC = Access & Parking CEE = Cultural/Entertainment/Educational MIX = Mixed Use OFF = Office RES = Residential N/A = Not available TBD = To be determined

$522M $200M$698M

Under Construction Projects



EMPLOYMENTDowntown businesses created over 600* new jobs in 2015, including many in the professionalservices sector, as well as growing industries, such as Rhinegeist and its expanding breweryand distribution facility. In addition to professional office expansions and relocations, the retailsector continued to grow with 38 new shopping, dining, and services businesses openingin the Central Business District, Over-the-Rhine and Pendleton in 2015. These businesses allcontributed to the growing employment base in the downtown area.

*Source: REDI Cincinnati (office and manufacturing sector); DCI staff research

DOWNTOWN CINCINNATIFORTUNE 1000 COMPANIES

The Kroger Company (No. 20)

Procter & Gamble (No. 32)

Macy’s, Inc. (No. 105)

Omnicare (No. 414)

Fifth Third Bancorp (No. 416)

American Financial Group, Inc. (No. 459)

Western & Southern Mutual Holding Company (No. 481)

Convergys Corporation (No. 783)

84.51° Grand Opening 5chw4r7z.blogspot.com


WORKWORKWORKWORKWORKOFFICE INVENTORYColliers International reported a total office inventory of 18,374,322 square feet in downtownCincinnati for 2015. Downtown offices leased for $18.76 per square foot on average, with apositive net absorption. The vacancy rate for downtown office space decreased from 15% in2014 to 13% in 2015.

2015 REGIONAL OFFICE INVENTORY

2015 DOWNTOWN OFFICE INVENTORY

Net Absorption: 481,024 sq. ft. Net Absorption: (45,221) sq. ft.Net Absorption: (64,761) sq. ft.

CLASS A$22.80

per sq. ft.

CLASS B$16.02

per sq. ft.

CLASS C$11.21

per sq. ft.

Inventory of Vacancy Average 2015 NetRentable Sq. Ft. Rate Rental Rate Absorption

Blue Ash 5,441,170 11.80% $16.90 153,376CBD 18,374,322 13.20% $18.76 371,042CBD - Periphery 3,801,111 21.50% $17.34 (9,412)East 3,052,074 12.60% $13.18 14,062I-71 Corridor North (of I-275) 5,284,792 12.10% $16.64 (9,270)I-75 Corridor North (of I-275) 2,531,975 12.40% $21.22 (103,650)Kenwood/Montgomery 2,361,344 19.80% $23.43 1,287Midtown 4,984,492 12.70% $20.02 135,643Northern KY Riverfront 2,467,495 27.00% $21.24 19,883Northern KY 6,091,012 14.90% $17.05 64,153Tri-County 7,900,430 22.20% $13.62 153,731West 1,114,663 18.80% $17.44 (79)

Source: Colliers International, Cincinnati Office

Occupied Vacant

Inventory: 7,798,710 sq. ft. Inventory: 9,032,758 sq. ft. Inventory: 1,542,854 sq. ft.



OFFICE RENTAL RATESThe average rental rate for Class A property in downtown Cincinnati in 2015 was $22.80 persquare foot, down from $23.29 per square foot in 2014. Class B and Class C properties were leasedon average for $16.02 and $11.21 per square foot, respectively. Baltimore, Detroit, Cleveland andColumbus all exhibited comparable rental rates for downtown office properties.

OFFICE RENTAL RATES

2015 U.S. RENTAL RATES:DOWNTOWN CLASS A OFFICE

New York City (Midtown) $79.07San Francisco $73.60Washington, DC $56.48Boston $56.10Chicago $41.59Los Angeles $40.83Denver $35.68Portland $30.55Raleigh/Durham $27.37Nashville $26.98Pittsburgh $26.08Atlanta $24.24Detroit $23.52Baltimore $23.48Cincinnati $22.80Cleveland $21.23Columbus $20.94Grand Rapids $20.16Indianapolis $19.32St. Louis $18.15Minneapolis $17.31

Source: Colliers International, Cincinnati Office and “Office Market Outlook, Q4 2015”

$25

$20

$15

$10

CBD CLASS A

Average Regional RentalALL Classes*

CBD CLASS B

CBD CLASS C

2011 2015I I I

$17.72

$11.21

$16.02

$22.80


WORKWORKWORKWORKWORKOFFICE VACANCY RATESDowntown Cincinnati office space vacancy rates decreased from 15% in 2014 to 13% in 2015. TheU.S. Central Business District and the U.S. suburban office markets also demonstrated a decline invacancy rates over the previous year, with the Cincinnati suburban district experiencing a slightincrease since 2014.

2015 U.S. VACANCY:DOWNTOWN CLASS A OFFICE

Los Angeles 20.8%Cleveland 15.7%Atlanta 15.4%Grand Rapids 14.1%Cincinnati 13.4%St. Louis 13.3%Denver 12.8%Minneapolis 12.4%Baltimore 11.5%Washington, DC 11.5%Columbus 11.5%Detroit 10.6%Indianapolis 10.2%Chicago 9.8%Nashville 9.4%Boston 9.1%Portland 9.0%New York City (Midtown) 8.3%San Francisco 7.8%Raleigh/Durham 6.2%Pittsburgh 6.1%

Source: Colliers International, Cincinnati Office and “Office Market Outlook, Q4 2015”

OFFICE VACANCY RATES

25%

20%

15%

10%

Cincinnati CBD

CincinnatiSuburban

US Suburban

US CBD

2011 2015I I I

13.2%11.1%

16.2%13.2%

LIVE

Downtown Cincinnati was a key economic driver forthe region in 2015, and also attracted major investmentin amenities which continued to bring more visitorsand residents downtown. New bars and restaurants,public spaces, residential developments, and goodsand services all contributed to the thriving urbanlandscape in downtown Cincinnati. Perceptions ofthe downtown area remain positive, based on surveyresults, and investors and business owners continue topursue development and growth opportunities in theurban core.

Downtown Living at Parker Flats 5chw4r7z.blogspot.com


L IVEL IVEL IVEL IVEL IVEL IVEPERCEPTIONSThe Perceptions Survey, an annual survey of downtown visitors and residents, showed positiveresults from respondents. In 2015, 92% of respondents said downtown is a place they wouldtake out-of-town guests, 84% had an overall positive impression of downtown, 83% said thatdowntown was clean, and 81% believed that downtown was safe overall.

PERCEPTIONS OFDOWNTOWN

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Source: 2015 Perceptions Survey conducted by LaVerdad Marketing & Media for Downtown Cincinnati Inc. For more detailed results, visit downtowncincinnati.com.

Survey respondentswith favorable ratings IS

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Downtown Cincinnati Ambassador Downtown Cincinnati Inc.

L IVEL IVEL IVEL IVEL IVEL IVE


RESIDENTIAL AMENITIESThe downtown area offers nearly 600 shops, bars, restaurants, and neighborhood services to itsresidents, from sports bars to fine dining, and boutique shops and art galleries to pet supplystores and corner markets. New businesses such as The Market at Dixie Terminal on FourthStreet and Picnic and Pantry in Over-the-Rhine provide close and convenient access to groceriesand household goods.

Plum Street Pet Clinic Thadd Fiala

The Market at Dixie Terminal Downtown Cincinnati Inc.

Idlewild Woman Boutique Courtesy of Idlewild Woman

Taft’s Ale House Downtown Cincinnati Inc.



1,037

398

500

1,000

1,500

2,000

0

2011 2015I I I

SAFE AND CLEANThe number of serious crimes in the Central Business District decreased by 3.5% in 2015, withthe number of “quality of life” crimes slightly increasing by 0.5%. In Over-the-Rhine, thenumber of serious crimes remained relatively even (from 917 to 920) in 2015, while the “qualityof life” crimes decreased by 3.3%. The litter indices compiled by Keep Cincinnati Beautifulcontinued to report positive ratings for these neighborhoods in 2015.

CENTRAL BUSINESS DISTRICTCRIME

Source: Cincinnati Police Department. Note: Part 1 crimes are defined as more serious crimes, but include crimes such as shoplifting in which no use of force or violenceoccurs; Part 2 crimes are defined as “quality of life” crimes, which include aggressive panhandling and vandalism.*Theft accounted for 88% of Part 1 crimes in the Central Business District in 2015.*Theft accounted for 63% of Part 1 crimes in Over-the-Rhine in 2015.

PART 1 CRIME**

PART 2 CRIME

PART 1 CRIME**

PART 2 CRIME

OVER-THE-RHINECRIME

2011 2015I I I

920

607 500

1,000

1,500

2,000

0



RESIDENTIAL UNIT SALESCondominium sales in the Central Business District increased in 2015, but single family homesales decreased, which is consistent with the availability of real estate downtown. In Over-the-Rhine and Pendleton, both condominium sales and single family home sales slightly decreased.

CENTRAL BUSINESS DISTRICT

OVER-THE-RHINE

PENDLETON

*Source: Cincinnati Multiple Listing Service (MLS)

Condominiums

Single Family Homes

Condominiums

Single Family Homes

Condominiums

Single Family Homes

50

45

40

35

30

25

20

15

10

5

0

38

0

2011 2015I I I

100

90

80

70

60

50

40

30

20

10

0

73

13

2011 2015I I I

4

2

9

8

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6

5

4

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2011 2015I I I


L IVEL IVEL IVEL IVEL IVEL IVERESIDENTIAL UNIT PRICESThere were no single family home sales in the Central Business District in 2015, and the averageprice for condominiums downtown decreased by 7%. In Over-the-Rhine and Pendleton,average sale prices for single family homes increased. For Pendleton, this is a continued trendover the past several years.

CENTRAL BUSINESS DISTRICT

OVER-THE-RHINE

PENDLETON

*Source: Cincinnati Multiple Listing Service (MLS)

Condominiums

Single Family Homes

Condominiums

Single Family Homes

Condominiums

Single Family Homes

$400,000

$350,000

$300,000

$250,000

$200,000

$150,000

$100,000

$50,000

$0

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2011 2015I I I

$400,000

$350,000

$300,000

$250,000

$200,000

$150,000

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2011 2015I I I

$800,000

$700,000

$600,000

$500,000

$400,000

$300,000

$200,000

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COMPLETED UNITS UNDER CONSTRUCTION

COMPLETED UNITS UNDER CONSTRUCTION

RESIDENTIAL UNITS AND OCCUPANCYThere were an estimated 8,500 residential units in the Central Business District, Over-the-Rhineand Pendleton in 2015, according to CBRE. Developers reported over 1,000 residential units underconstruction, including new apartments at Eighth & Sycamore, apartments at the renovatedAT580 building, Radius at The Banks, and the Alumni Lofts at the former SCPA building. Rentaldevelopments in the Central Business District reported 97% occupancy and an average rent of$1.55 per square foot.

DOWNTOWN RENTAL PROPERTIES

DOWNTOWN RESIDENTIAL UNITS*

Total Number of Properties Surveyed 16

Total Number of Units Surveyed 2,056

Average Number of units/property 129

Weighted Occupancy 97.1%

Average rent/unit $1,333.00

Average rent/sq. ft. $1.55

Source: CBRE

*Prepared by CBRE in February 2016, estimated housing unit estimates are for the areas of the Central Business District, Over-the-Rhine, and Pendleton. Rental property data isprovided by CBRE from a year-end survey of the multifamily investment market, reported January 2016.

Central Business District

Over-The-Rhine

Pendleton COMPLETED UNITS

8,500

UNDER CONSTRUCTION

1,018


L IVEL IVEL IVEL IVEL IVEL IVEDOWNTOWN POPULATIONAccording to demographic data from CBRE, there were 15,933 residents living in the 45202 zipcodein 2015. The average age of these residents is 39, with 76% of the population holding white collarjobs, 36% having an advanced degree, and 22% walking to work.

DOWNTOWN DEMOGRAPHICS

Source: Demographic estimates for residents of Central Business District, Over-the-Rhine, and Pendleton, prepared for CBRE by Nielsen, February 2016.

Race White 52%Black 42%Asian 3%Hispanic 3%

Education High School 22%Bachelor’s Degree 22%Master’s Degree 14%

Marital status Single men 41%Single women 21%Married men and women 18%

Household size One person 61%Two persons 26%Three persons 8%

Transportation to work Drove alone 55%Public transportation 11%Walked 22%

Job type White collar 76%Service & Farm 16%Blue Collar 8%

Average Age 39

Average Household Income $65,203Zip Code 45202

Downtown Cincinnati is home to fun and exciting events throughoutthe year, from Macy’s Downtown Dazzle during the holiday seasonto the Findlay Market Opening Day Parade in the spring. Nearly 17million people attended festivals, walks and runs, and many otherevents during 2015. New event venue The Transept, located in a formerchurch across from Washington Park, recently opened, as well as theCincy Brew Bus. Movies such as “Mauraders” starring Bruce Williswere filmed downtown, continuing Cincinnati’s reputation as a majormovie-making location, landing on the blog Urbanful’s list of top sevencities becoming “film hot spots”. There were 38 new businesses thatopened in the Central Business District, Over-the-Rhine, and Pendletonin 2015, offering a wide variety of dining, shopping and other services.

Splash pad at Smale Riverfront Park Travis Estell

PLAY


PLAYPLAYPLAYPLAYPLAYPLAYALL-STAR GAMECincinnati hosted the 86th Major League Baseball All-Star Games in 2015, which provided a greatopportunity for downtown businesses and residents to showcase the Queen City, with a week offestivities leading up to the baseball game at Great American Ball Park.

The All-Star Game and events generated an estimated economic impact of $70 million from visitorson hotel rooms, restaurants, bars and other entertainment. Major League Baseball reported a 16percent increase in merchandise sales over last year’s All-Star Game, with 130,904 fans in attendancefor three days of All-Star events at Great American Ball Park. There were also 108,497 fans whoattended the three-day All-Star Summer Pepsi Block Party at The Banks.

Source: Cincinnati Business Courier

“When it comes to the great game of baseball,there aren’t a whole lot of places more passionatethan Cincinnati, Ohio. You want to throw a baseball

party, you have come to the right town.”

– Mike Greenberg, co-host of ESPN radio’s “Mike & Mike” show

Skywalk over Fifth Street 5chw4r7z.blogspot.com

All-Star Mustache Statue Thadd Fiala

Great American Ballpark Home Run Derby Thadd Fiala

All-Star Block Party at The Banks Thadd Fiala

PLAYPLAYPLAYPLAYPLAYPLAY


ENTERTAINMENTEntertainment venues in the Central Business District, Over-the-Rhine and Pendleton reportedattendance of 16.9 million visitors/attendees during 2015. Arts and culture organizations such asPlayhouse in the Park, the Contemporary Arts Center, Cincinnati Ballet, Cincinnati Museum Centerand “Cincy Cinco” events all reported increased attendance from the previous year. The monthlyarts and crafts festival Second Sundays on Main celebrated its tenth anniversary in 2015. Major familyfriendly programming such as Lumenocity at Washington Park and Oktoberfest Zinzinnati continueto serve as “can’t miss” events, attracting hundreds of thousands of visitors to the urban core ofCincinnati each year.

MOST VISITED1 million to 5 million

HIGHLY ATTENDED100,000 TO 999,999

Horseshoe Casino 3,300,000

Cincinnati Reds 2,419,506

Cincinnati Museum Center 1,449,430

Findlay Market 1,130,000

Public Library of Cincinnati & Hamilton County - Main Branch 1,108,023

Washington Park 1,000,000

Cincinnati Bengals 851,532

Riverfront Daily Park Users* 800,000

Oktoberfest Zinzinnati 650,000

US Bank Arena 596,422

Taste of Cincinnati 550,000

Riverfront Events/Cincinnati Park Board* 400,000

Riverfest 250,000

Broadway in Cincinnati 240,421

CSO/Cincinnati POPS/Lumenocity 237,934

PNC Summer Music Series 200,000

Cincinnati Arts Association 199,089

Cincinnati Art Museum 186,941

Cincinnati Playhouse in the Park 181,688

Krohn Conservatory 158,389

Taft Theatre 153,294

National Underground Railroad Freedom Center 118,991



LOCAL FAVORITES1,000 TO 19,999

MID SIZE20,000 TO 99,999

* Estimates based on prior year attendance.

Contemporary Arts Center 84,287

Children’s Theatre of Cincinnati 77,361

Cincinnati Shakespeare Company 70,542

Cincinnati Ballet 64,126

Bunbury Music Festival 60,000

Taft Museum of Art 55,367

U.S, Bank Ice Rink 55,000

Ensemble Theatre Cincinnati 29,567

Cincinnati Opera 27,619

Bockfest 27,500

Macy’s Light Up the Square 25,000

MidPoint Music Festival 25,000

Black Family Reunion 20,000

Cincinnati Brew Ha-Ha 20,000

Huntington Bank’s New Year’s Blast 15,000

Macy’s Downtown Dazzle 15,000

Cincy Cinco 12,800

School for Creative & Performing Arts 11,500

Second Sundays on Main 11,000

Cincinnati Fringe Festival 8,522

Know Theatre of Cincinnati 7,366

Cincinnati May Festival 7,053

OTR 5K Summer Celebration 6,000

Fire Museum of Greater Cincinnati 5,683

Bluesfest* 5,000

Mercantile Library 4,563

Macy’s Art Sampler hosted by ArtsWave 4,435

Lloyd Library 1,481

The Betts House 1,269



Services

retail composition downtown hotel rooms

Dining

DOWNTOWN HOTELS

HOTELSWith the most recent opening of Homewood Suites and Hampton Inn & Suites in the CentralBusiness District, these new developments added nearly 250 more hotel rooms in the downtownarea in 2015. Hotels currently under construction, including the Holiday Inn on Seventh Street,the Marriott Autograph Collection in Lytle Park and the AC Hotel by Marriott at The Banks willbring another 388 rooms when completed.

Millenium Hotel Cincinnati

21c Museum Hotel

Garfield Suites Hotel

Hampton Inn & Suites

Homewood Suites

Hyatt Regency Cincinnati

The Cincinnatian HotelThe Symphony Hotel

Renaissance CincinnatiDowntown Hotel

The Residence InnCincinnati Downtown

Hilton CincinnatiNetherland Plaza

Westin Hotel Cincinnati

323

491

146

561

160

456

134

872

3,553Rooms

Homewood Suites Courtesy of Sree Hotels, LLCHampton Inn & Suites Courtesy of Sree Hotels, LLC

152

105

144

9



Source: Hotel occupancy and rates provided by Cincinnati USA Convention & Visitors Bureau*RevPAR, or revenue per available room, is a performance metric in the hotel industry, calculated by multiplying a hotel’s average daily room rate (ADR) by its occupancy percentage.

HOTEL OCCUPANCY

100%

80%

60%

40%

20%

0%

National

Cincinnati USA(OH-KY-IN)

Downtown

Gr. Cincinnati

66%

64%61%60%

2011 2015I I I

HOTEL ROOM RATES

$160

$140

$120

$100

$80

Downtown

National

Gr. Cincinnati


$104$104

$96

2011 2015I I I

HOTEL REVPAR*

$100

$80

$60

$40

Downtown

National

Gr. Cincinnati


2011 2015I I I

$152

$90

$69

$64$61



NEW RETAILNearly 40 new businesses opened in the Central Business District, Over-the-Rhine and Pendletonin 2015, offering new clothing boutiques such as Victory Athletics and Idlewild Woman, uniquelythemed venues like 16-Bit Bar and the Collective CAC, and upscale event spaces and loungessuch as The Härth Lounge and The Transept. New and existing retail establishments continue toexpand and flourish, providing a high density of activity in a walkable, urban setting.

Dining

Shopping

Services

LEGEND:

Note: For a complete list of downtown retail establishments, visit downtowncincinnati.com.

32

33

34

3536

38

37

30

31

1

2 3

4

5

8

7

9

10

11

12

13

6

14

15

16

17

18

19

20

21

22

23

24

25

29

26

27

28


PLAYPLAYPLAYPLAYPLAYPLAY2015 NEW DOWNTOWN CINCINNATI ESTABLISHMENTS

DINING

SHOPPING

SERVICES

1 16-Bit Bar 1331 Walnut Street

2 Americano Burger Bar 545 Race Street

3 BRU Burger Bar 41 E. Sixth Street

4 Cincy Brew Bus 1000 Broadway

5 Club Glitter 1133 Sycamore Street

6 Coffee at Lola’s 24 W. Third Street

7 Collective CAC 44 E. Sixth Street

8 Cuban Pete Sandwiches 133 E. Court Street

9 Eli’s Barbeque 133 W. Elder Street

10 Gourmet Food to Go 580 Walnut Street

11 Horse & Barrel Bourbon House 631 Walnut Street

12 Ivy Cincinnati 645 Walnut Street

13 Lachey’s Bar 56 E. Twelfth Street

14 Mita’s 100 W. Fifth Street

15 Nation Kitchen & Bar 1200 Broadway

16 Pontiac Bourbon & BBQ 1403 Vine Street

17 Revolution Rotisserie 1106 Race Street

18 Santo Graal 180 E. Freedom Way

19 Societe 301 W. Fifth Street

20 Sundry & Vice 18 W. Thirteenth Street

21 Taft’s Ale House 1429 Race Street

22 The Härth Lounge 125 W. Fourth Street

23 The Transept 1205 Elm Street

24 Urbana Cafe 1206 Broadway Street

25 V’s Cafe on Seventh 121 E. Seventh Street

26 Cincinnati Art Underground 1415 Main Street

27 Cincinnati Endocrine Clinic 35 E. Seventh Street

28 Coldwell Banker West Shell 1400 Elm Street

29 Edgy Pooch Pet Boutique and Spaw 1344 Main Street

30 Continuum 1407 Vine Street

31 Elm & Iron 1326 Vine Street

32 Idlewild Woman 1230 Vine Street

33 Kit and Ace 1405 Vine Street

34 OIO Decor 120 E. Seventh Street

35 Picnic and Pantry 1400 Republic Street

36 The Candle Lab 1325 Vine Street

37 The Market at Dixie Terminal 550 E. Fourth Street

38 Victor Athletics 1405 Republic Street



DOWNTOWN RETAIL OCCUPANCY*

DOWNTOWN RETAIL COMPOSITION

RETAIL COMPOSITION AND OCCUPANCYThere were close to 600 shops, bars and restaurants, and services located in downtown Cincinnatiin 2015. According to data from CBRE, the retail occupancy in the downtown area was 95%, withan average rent per square footage of $20.25 and sales per square foot averaging $58.

3,500,000

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

0

Squ

are

Feet

Base Square Feet

Occupied Square Feet

Dining

Shopping

Services

95

.25

%

Source: CBRE, Data provided for zip code 45202*Downtown retail overall square footage based on downtown properties of 10,000 sq. ft. or greater.


599Merchants

2011 2015*I I I



Services


Dining

Shopping Services


Dining

Shopping Services

retail composition downtown

115Services

306Restaurants/

Bars

Breweries/Brewpubs

Cocktail/Wine Bars

Coffee/Bakeries/Ice Cream

Full Fare Restaurants

Sports/Neighborhood Bars

Private Dining Facilities

Music Dance Clubs

Lunch/Fast Casual Restaurants

Tickets/Travel

Wireless Electronics

Auto/Bike/Home Repair

Beauty

Car/Bike Rentals

City Tours

Pets

Libraries

Funeral

Florists/Wedding

Fitness/Health

Eye wear

Cleaners/Tailors/Shoe Repair

Antiques/Auction Houses

Apparel/Shoes/Accessories

Beer/Wine/Liquor

Department Stores/Malls

Galleries

Gifts/Books/Novelty

Pharmacies/Newsstands

Jewlery/Furs

Home Furnishings/Art

Grocery/Convenience Markets

178Shops



CONVENTIONSDowntown continued to attract major conventions in 2015, with the Cincinnati USA Convention& Visitors Bureau hosting 213 meetings including organizations such as Major League Baseball,Kroger and the Ancient Egyptian Arabic Order of the Noble Mystic Shrine. These meetings andconventions resulted in 235,655 hotel room nights used, with direct visitor spending of $70 million.

ROOM NIGHTSAND MEETINGS

ECONOMIC IMPACT

$7

0M

$70M

$60M

$50M

$40M

$30M

$20M

$10M

$0M

Meeting Booked

Room Nights

Economic Impact of CVBroom nights booked

Source: Economic Impact as provided by the Conventions and Visitors Bureau is the product of room nights held and the Estimated Direct Attendee Spending per person provided byDMAI (Destination Marketing Association International).

250

200

150

100

50

0

213

23

5,6

55

0

250,000

200,000

150,000

100,000

50,000

0

2011 2015I I I

2011 2015I I I


PLAYPLAYPLAYPLAYPLAYPLAYROOM

GROUP NIGHTS ATTENDANCE

Educational Testing Service 21,015 1,254

Kroger Company 18,659 6,118

Major League Baseball 16,165 3,414

Ancient Egyptian Arabic OrderNobles Mystic Shrine 15,373 2,450

United States Institute forTheatre Technology 5,960 1,289

KEY DOWNTOWNCINCINNATI CONVENTIONSBOOKED

DOWNTOWN CINCINNATICONVENTIONHIGHLIGHTS

ROOM EVENTGROUP NIGHTS DATE

African Methodist Episcopal Church 27,022 2024

Educational Testing Service 19,148 2019



National Catholic Educational Association 11,065 2018

National Academic Advising Association 6,240 2021

Daughters of the Nile Supreme Temple 5,838 2018

All-Star Block Party at The Banks The Cincinnati Reds



WALKS AND RUNSThousands of residents and visitors to Cincinnati attend the many fundraising walks andruns held throughout the year. The largest event, The Flying Pig marathon, attracted 38,000participants in 2015, and continues to grow each year. Making Strides Against Breast Cancergrew from 15,000 last year to 18,000 participants.

Participants Event

38,000 Cincinnati Flying Pig Marathon

23,462 Heart Mini Marathon

18,000 Making Strides Against Breast Cancer

15,782 Thanksgiving Day 10K

15,000 MLB All-Star Color Run

13,000 March for Babies

11,000 Buddy Walk

6,000 Queen Bee Half Marathon

5,100 Freestore Foodbank’s Hunger Walk and 5K Run

3,950 Girls on the Run Greater Cincinnati Spring 5K

3,629 Walk Ahead for a Brain Tumor

2,984 Redlegs Run 10K and 5K

2,895 Girls on the Run Greater Cincinnati Fall 5K

2,041 PurpleStride Cincinnati

2,000 Bockfest 5K

1,207 OTR 5K Race

400 Superhero Run for Kids

Source: Event organizers

All-Star Color Run Courtesy of MLB

Freestore Foodbank Hunger Walk Participants Joe Simon, courtesy of Freestore Foodbank



Freestore Foodbank Hunger Walk Participants Joe Simon, courtesy of Freestore Foodbank

Making Strides Against Breast Cancer Walk Drew and Carol Cromer

Redlegs Run The Cincinnati Reds

Gapper’s Kids Fun Run The Cincinnati Reds

ACCE

SS AND

TRAN

SIT Cincy Red Bike saw continued success with its

bike-sharing program with 21 new stations in 2015,including three new locations downtown. With atotal of 50 stations in Cincinnati and Northern Kentucky,Red Bike is the 4th largest B-Cycle bike share system inthe country. Construction of the Cincinnati Streetcar wasalso completed in 2015, with the launch of passengerservice expected in September 2016.

Streetcar and Bicyclists 5chw4r7z.blogspot.com

Cincy Red Bike 5chw4r7z.blogspot.com


ACCESSTRANSITACCESSTRANSMONTHLY PARKINGThere are 37,677 total monthly parking spaces in the Central Business District, Over-the-Rhine, and Pendleton. The average monthly rate for these garages and surface lots is $80.Several garages are currently under construction, including the garage at the new mixed-usedevelopment at Eighth and Sycamore as well as additional parking at The Banks.

DOWNTOWN CINCINNATIMONTHLY PARKING

Source: Data reported by parking operatorsNote: Reflects price per available space at year-end for monthly parking in garages and surface lots surveyed in the Central Business District, Over-the-Rhine and Pendleton.

$160

$140

$120

$100

$80

$60

$40

$20

$0

40,000

35,000

30,000

25,000

20,000

15,000

10,000

5,000

0

37

,67

7

$80

Reserved Monthly Spaces

Available Monthly Spaces

Average Available Monthly Price 2011 2015I I I

Construction at the Banks Travis Estell

ACCESSTRANSITACCESSTRANS


PUBLIC TRANSITCincy Red Bike continues to expand its footprint, adding three new stations in the CentralBusiness District and Pendleton. Zipcar also added a new location in the Central BusinessDistrict. The Cincinnati Streetcar, which will officially launch in September 2016, completedconstruction in 2015. The streetcar will be in operation seven days a week, with 18 stops alongits route. Metro launched two new mobile applications in 2015, Trans App and Bus Detective,which serve as convenient and accurate sources for bus riders to track and plan their bus routes.

SouthbankShuttle

GovernmentSquare

Tank, TheBus Stop

Cincinnati Streetcarroute

Metro,Government Square

Red Bike stations

Southbank Shuttle

Tank, The Bus Stop

ZipCar locations

LEGEND:

Note: For more information on public transportation and links to schedules and rates, visit downtowncincinnati.com.


ACCESSTRANSITACCESSTRANS

Macy’s Downtown Dazzle Downtown Cincinnati Inc. Central Parkway Travis Estell

Streetcar and bicyclists 5chw4r7z.blogspot.com

Main Street, April 2015 Travis EstellAronoff Center for the Arts 5chw4r7z.blogspot.com

DOWNTOWN CINCINNATI INC.

ANNUAL REPORT

Scripps Tower The Cincinnati Reds

DOWNTOWN CINCINNATI INC. ANNUAL REPORT I 40

ANNUALREPORTANNUALREPORT2015 HIGHLIGHTS AND ACCOMPLISHMENTS

• The 2015 Downtown Perceptions Survey, available August 4to September 30, demonstrated improved positive perceptionsabout downtown. Of respondents who reported visiting atleast four times in the last year, 84% had an overall positiveimpression of the Central Business District, 81% believe it issafe, and 83% believe it is clean.

• In February, Downtown Cincinnati Incorporated’s (DCI)marketing materials received two Addy Awards from theCincinnati Advertising Club – winning Silver for the streetpole banners and Gold for the holiday TV commercial.

• DCI’s Social Service Outreach Coordinators had 7,533 contactsand interactions with panhandlers, social service providers,and landlords to help move individuals into housing facilitiesin 2015. They successfully moved 38 people into permanenthousing.

• Downtown Cincinnati Gift Card sales were 23% ahead of2014 totaling $359,992 in 2015.

• DCI played a leading role with the Community OrganizingCommittee of the 2015 All-Star Game to produce the BatterUp Bash, a community celebration held on Fountain Squarethat featured rappelling and fireworks.

• The Downtown Welcome Bag program was expanded with2,067 bags distributed to new downtown workers and residents,including Huntington Bank, The Greater Cincinnati & NorthernKentucky Film Commission, League of Women Voters, TheBrandery, and residential developments such as One Lytle Place,Current at the Banks and The Reserve at 4th & Race.

• In August 2015, the Ambassadors received iPhones to tracktheir daily activity with the new Smart System app. The datacollected is used to track the locations and frequency of qualityof life issues including graffiti, panhandling and street lightoutages to address issues quickly and efficiently.

TABLE OFCONTENTS

Safe and Clean 41

Marketing andCommunications 42

Stakeholder Services 43

Independent Auditors’Report 44

Financial Statements 45

DCI Board of Directors 53

DCI Members 56

DCI Staff 59

ANNUALREPORTANNUALREPORT

41 I DOWNTOWN CINCINNATI INC. ANNUAL REPORT

SAFE AND CLEANEnhancing the safe, clean, and welcoming environment of downtown Cincinnati.

Welcoming Our VisitorsDowntown Ambassadors ensured that the hundreds of thousands of visitors todowntown for the 86th All-Star Game saw friendly and welcoming faces. Eachday, more than 30 Ambassadors put a human face on the downtown experiencefor guests, offering directions, distributing retail guides and information, answer-ing general questions about downtown, and even providing umbrellas on rainydays. The Ambassadors also provided safety escorts, answered calls to the HotLine, and visited businesses to check-in and share pertinent information.

Ambassadors were each assigned an iPhone to track their daily activity with thenew Smart System app. This data is used to track the locations and frequencyof quality of life issues including graffiti, panhandling, and street light outagesso these can be addressed quickly and efficiently.

Keeping Downtown Clean & BeautifulFebruary proved to be one of the snowiest months on record with more than18 inches of snow. DCI Ambassadors spent 112 hours removing snow frompublic places.

DCI oversees the more than 100 free standing pots of seasonal flowersthroughout downtown, and coordinates the flowers and plants aroundGovernment Square and Procter & Gamble on a contract basis.

The Central Business District (CBD) was awarded the best score possible onthe Monthly Litter Index reports conducted by Keep Cincinnati Beautiful. Toensure this positive outcome, the Downtown Ambassadors removed over429 tons of trash, which is enough to fill more than 163 large constructiondumpsters. The Ambassadors also removed 4,771 instances of graffiti andpower washed 374 block faces within the CBD.

Working With The CommunityThere is a strong and strategic focus on reducing panhandling in the CBD. InJanuary, DCI launched a Panhandling Education Program, Give Responsibly,designed to raise public awareness about the issue and encourage the publicto contribute to organizations that help the homeless rather than giving moneydirectly to panhandlers. DCI’s Social Service Outreach Coordinators had 7,533contacts with panhandlers, social service providers, and landlords to helpmove individuals into housing facilities. They successfully moved 38 peopleinto permanent housing.

During the fall, DCI’s Outreach Specialist conducted a demographic surveyof the population that sleeps overnight on Third Street. The results from thesurvey will help inform DCI’s work plan to move as many individuals as possibleinto services and housing.

Ambassador using new Smart System App Downtown Cincinnati Inc.

Ambassador escorting students Downtown Cincinnati Inc.from the Armleder School

Pointing the Way Katy McHenry


ANNUALREPORTANNUALREPORTMARKETING AND COMMUNICATIONSAdvancing the image, awareness, and usage of downtown Cincinnati as a vibrant hub of activityfor people to live, work, dine, shop, and play.

Celebrating The CityDuring the 2015 All-Star Week, DCI partnered with ArtsWave to provideprogramming throughout downtown, with performances from Elementz,Cincinnati Boy Choir, McGing Irish Dancers, Cincinnati Shakespeare Companyand others. DCI played a leading role with the Community Organizing Commit-tee of the 2015 All-Star Game to produce the Batter Up Bash, a communitycelebration held on Fountain Square that featured rappelling and fireworks.

The DCI Marketing Committee, made up of 25 stakeholders, met throughout2015 to share information and facilitate collaboration. The committee learnedabout the Cincinnati Flower Show, NewCo Start-up Festival, Public Library’s Onthe Same Page program, Cincinnati Food+Wine Festival, Lumenocity, CincinnatiMusic Festival, Cincinnati Bell’s new mobile app, the Cincinnati Streetcar andmore programs.

Spending The Holidays DowntownMacy’s Downtown Dazzle, in its 11th year, drew large crowds to FountainSquare for all three nights of rappelling and fireworks. In 2015, DCI enhancedprogramming at Carew Tower to accompany the popular “A Tribute to theShillito’s Elves” display, by adding Story Time with Miss Emily (from theBooksellers on Fountain Square), Merry Mascots from the Cincinnati Bengalsand Reds, and choirs from ArtsWave’s CincySings competition.

An updated holiday e-catalog called the 12 Days of Downtown Christmasfeatured unique experiences as well as gift ideas from many downtownorganizations and merchants, including the Cincinnati Ballet, Friends Shopat the Library, and Saks Fifth Avenue. Downtown merchants and events werefeatured on 21 live TV interviews during a five-week period, with a total earnedmedia value of $71,909,678.

Promoting Local BusinessesSales of the Downtown Cincinnati Gift Card, now accepted at more than 200establishments, were 23% ahead of 2014 totaling $359,992 in 2015.

In February, DCI’s marketing materials received two Addy Awards from theCincinnati Advertising Club – winning Silver for the street pole banners andGold for the holiday TV commercial. Window posters promoting Shop Local, EatLocal and Play Local with images from restaurants and shops were installed inthe former Closson’s space at Fourth and Race, the former Local’s space onSeventh Street, and at Sixth and Elm streets.

More than 120 stakeholders attended the Summer Retailer Kickoff to learnmore about Smale Riverfront Park, the Cincinnati USA Convention & VisitorsBureau’s new Certified Tourism Ambassador program, and the 2015 All-StarGame. The Holiday Retailer Kickoff meeting was attended by more than 100stakeholders, who heard about holiday events and programs from DCI, theRegional Tourism Network, Over-the-Rhine Chamber of Commerce, FountainSquare and Washington Park, and the Cincinnati Police Department.

McGing Irish Dancers Downtown Cincinnati Inc.

Storytime at Carew Tower Downtown Cincinnati Inc.

Santa at Macy’s Fountain Place Downtown Cincinnati Inc.



STAKEHOLDER SERVICESSupporting and advocating for business and residential growth in downtown Cincinnati.

Calling Downtown HomeThe Downtown Welcome Bag program was expanded with 2,067 bags distributedto new downtown workers and residents. Huntington Bank, The Greater Cincinnati& Northern Kentucky Film Commission, The Brandery, and residential developmentssuch as One Lytle Place, Current at the Banks and The Reserve at 4th & Racereceived welcome bags with promotional items from downtown establishmentsincluding restaurants, retailers, museums, and transit organizations.

DCI participated on the board of the Downtown Residents Council (DRC), coordi-nating its speaker program which included Judge Kim Burke, Drug Court, HamiltonCounty; Dr. Bernard Lenchitz, UC Primary Health Downtown; Mike King, CincinnatiStreetcar--Messer Construction; Jerry Hounchell, Macy’s; Alecia Kintner, Artswave;Oscar Bedolla, City of Cincinnati, and many others.

DCI helped to coordinate a DRC/DCI welcome session for new residents of Seven atBroadway and assisted the DRC in developing a Daily Meals schedule for DRC membersto distribute to those in need.

New And Expanding BusinessesDowntown Orientation sessions, offering information about how to get around, safety,dining and entertainment options, and upcoming events were provided to more than500 employees of new and growing companies such as 84.51°, Kroger PersonalFinance, Gaslight and Cincinnati Bell. Metro and Cincinnati Red Bike joined DCI inwelcoming employees to their new spaces.

In preparation for the 2015 All-Star Game, DCI staff and Ambassadors updated thedowntown building vacancy survey. Information was provided to partner organizationsparticipating in downtown beautification projects that included displays in vacantspaces. A map with available retail space was posted to DCI’s website.

DCI provided research and data support to real estate firms, brokers, commercial andresidential developers, and others, such as The Banks, the City of Cincinnati, and theMayerson Foundation. DCI also published quarterly parking and residential availabilitysurveys, listing parking and residential rental rates, and availability on its website.

In December DCI hosted a meeting for non-food, independent retailers with the City’sEconomic Development department to obtain their input for the City’s forthcomingretail strategy.

Learning More About DowntownThe 2015 Downtown Perceptions Survey was available from August 4 to September30 with outreach to partners including the Public Library of Cincinnati and HamiltonCounty, Metro, the City of Cincinnati, the Cincinnati USA Chamber, 3CDC, and Horse-shoe Casino. On-site promotion of the survey, coordinated by LaVerdad Marketing,was conducted at the Black Family Reunion and Cincinnati Hispanic Fest. Surveyresults demonstrated improving positive perceptions about downtown. Of respondentswho reported visiting at least four times in the last year, 84% had an overall positiveimpression of the Central Business District, 81% believe it is safe, and 83% believeit is clean.

Spring Planters on 4th Street Downtown Cincinnati Inc.

Queen City Square Thadd Fiala

DRC Meeting Downtown Cincinnati Inc.

Independent Auditors’ Report

Board of DirectorsDowntown Cincinnati, Inc.Cincinnati, Ohio

We have audited the accompanying financial statements of Downtown Cincinnati, Inc. (DCI) (a nonprofitorganization), which comprise the statements of financial position as of December 31, 2015 and 2014 andthe related statements of activities and cash flows for the years then ended, and the related notes to thefinancial statements.

Management’s Responsibility for the Financial StatementsManagement is responsible for the preparation and fair presentation of these financial statements inaccordance with accounting principles generally accepted in the United States of America; this includesthe design, implementation, and maintenance of internal control relevant to the preparation and fairpresentation of financial statements that are free from material misstatement, whether due to fraud orerror.

Auditor's ResponsibilityOur responsibility is to express an opinion on these financial statements based on our audits. Weconducted our audits in accordance with auditing standards generally accepted in the United States ofAmerica. Those standards require that we plan and perform the audit to obtain reasonable assuranceabout whether the financial statements are free of material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures inthe financial statements. The procedures selected depend on the auditor's judgment, including theassessment of the risks of material misstatement of the financial statements, whether due to fraud orerror. In making those risk assessments, the auditor considers internal control relevant to the entity'spreparation and fair presentation of the financial statements in order to design audit procedures that areappropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness ofthe entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluatingthe appropriateness of accounting policies used and the reasonableness of significant accountingestimates made by management, as well as evaluating the overall presentation of the financialstatements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis forour audit opinion.

OpinionIn our opinion, the financial statements referred to above, present fairly, in all material respects, thefinancial position of DCI as of December 31, 2015 and 2014 and the changes in its net assets and itscash flows for the years then ended in conformity with accounting principles generally accepted in theUnited States of America.

March 17, 2016Cincinnati, Ohio



STATEMENTS OF FINANCIAL POSITIONDecember 31, 2015 and 2014

2015 2014

AssetsCash and cash equivalents $490,061 $486,129Certificates of deposit 299,819 249,950Contracts, grants and accounts receivable 150,953 400,152Unbilled receivables 131,065 198,802Prepaid expenses 6,527 6,490Property and equipment, net 75,528 48,036

Total assets $1,153,953 $1,389,559

Liabilities and Net Assets

LiabilitiesAccounts payable and accrued expenses $227,196 $412,598Advanced memberships 32,650 83,326

Total liabilities 259,846 495,924

Unrestricted Net Assets 894,107 893,635

Total liabilities and net assets $1,153,953 $1,389,559



2015 2014

Unrestricted revenues and supportDCID contract: Special Improvement District $2,284,500 $2,275,500Service agreements 217,935 308,285Memberships 142,937 140,025Holiday, directory sponsorships and special events 93,955 104,392In-kind donations 15,739 27,537Other income 32,701 12,300Interest income 1,324 1,406

Total unrestricted revenues and support 2,789,091 2,869,445

ExpensesOperating 2,772,880 2,758,042In-kind 15,739 27,537

Total expenses 2,788,619 2,785,579

Change in unrestricted net assets 472 83,866

Unrestricted net assets, beginning of year 893,635 809,769

Net assets, end of year $894,107 $893,635

STATEMENTS OF ACTIVITIESYears Ended December 31, 2015 and 2014



STATEMENTS OF CASH FLOWSYears Ended December 31, 2015 and 2014

2015 2014

Cash flows from operating activitiesChange in net assets $472 $83,866Adjustment to reconcile change in net assets tonet cash provided by operating activities: Depreciation 22,194 8,882Changes in: Contracts, grants and accounts receivable 249,199 (223,307) Unbilled receivables 67,737 72,027 Prepaid expenses (37) 659 Accounts payable and accrued expenses (185,402) (12,247) Advanced memberships (50,676) 1,225

Net cash provided by (used in) operating activities 103,487 (68,895)

Cash flows from investing activitiesPurchase of certificates of deposit (350,663) (301,012)Certificate of deposit maturities 300,794 300,754Purchase of property and equipment (49,686) (45,352)

Net cash used in investing activities (99,555) (45,610)

Net change in cash and cash equivalents 3,932 (114,505)

Cash and cash equivalents, beginning of year 486,129 600,634

Cash and cash equivalents, end of year $490,061 $486,129


ANNUALREPORTANNUALREPORTNOTES TO FINANCIAL STATEMENTS

NATURE OF OPERATIONSDowntown Cincinnati, Inc. (DCI or the Organization) is a nonprofit corporation organizedto enhance downtown Cincinnati through safe and clean programs, communications andmarketing programs, and stakeholder services including assisting small women-owned andminority-owned firms. DCI receives contributions from Cincinnati area companies andfoundations; and also receives funds from assessments on all downtown properties totake leadership in the revitalization of downtown.

FINANCIAL STATEMENT PRESENTATIONThe financial statements have been prepared on the accrual basis of accounting inaccordance with generally accepted accounting principles (GAAP). The Organization isrequired to report information regarding its financial position and activities according tothree classes of net assets: unrestricted net assets which have no donor-imposedrestriction; temporarily restricted net assets which have donor-imposed restrictions thatwill expire in the future; and permanently restricted net assets which have donor-imposedrestriction which do not expire. There are no temporarily or permanently restricted netassets at December 31, 2015 and 2014.

CASH AND CASH EQUIVALENTSThe Organization considers all liquid investments with original maturities of three months orless to be cash equivalents. At December 31, 2015 and 2014, cash equivalents consistsof a money market account. The Organization maintains its cash in bank deposit accountswhich, at times, exceed federally insured limits. The Organization has not experienced anylosses in such accounts and management believes it is not exposed to any significantcredit risk.

CERTIFICATES OF DEPOSITCertificates of deposit are carried at cost which approximates fair value. The certificatesheld at December 31, 2015 mature on various dates during 2016.

CONTRACTS AND ACCOUNTS RECEIVABLEContracts and accounts receivable consist of reimbursements due under contractagreements and general accounts receivable. The Organization provides an allowance fordoubtful accounts, which is based upon a review of outstanding receivables, historicalcollection information and existing economic conditions. Delinquent receivables are writtenoff based on individual credit evaluation and specific circumstances. As of December 31,2015 and 2014, management considered all receivables to be collectible; therefore, noallowance was necessary.

UNBILLED RECEIVABLESUnder the Special Improvement District (SID) contract through Downtown CincinnatiImprovement District (DCID), SORTA and Hamilton County Office of Reentry, theOrganization bills actual monthly expenses the following month. Unbilled receivablesrepresent December SID, SORTA and Hamilton County Office of Reentry expenses to bebilled in January of the following year. Also included in unbilled receivables at December31, 2015 and 2014 were December consignment sales of promotional products(Commemorative Rookwood Tiles) billed in January of the following year.

NOTE 1

SUMMARY OFSIGNIFICANTACCOUNTINGPOLICIES



NOTES TO FINANCIAL STATEMENTS (continued)

NOTE 1

SUMMARY OFSIGNIFICANTACCOUNTINGPOLICIES(Continued)

PROPERTY AND EQUIPMENTProperty and equipment are recorded at cost or at fair value as of the date of thecontribution. Depreciation is provided using the straight-line method over the estimateduseful lives of the respective assets. The cost of maintenance and repairs are expensedas incurred while significant improvements are capitalized.

CONTRIBUTIONSThe Organization records gifts of cash and other assets at their fair value as of the dateof contribution. Such donations are recorded as unrestricted support unless explicitdonor stipulations specify how the donated assets must be used. Gifts that are originallyrestricted by the donor and for which the restriction is met in the same time period arerecorded as unrestricted support.

Gifts of long-lived assets with explicit restrictions that specify how the assets are to beused and gifts of cash or other assets that must be used to acquire long-lived assets arereported as restricted support. Absent explicit donor stipulations about how long-livedassets must be maintained, the Organization reports expirations of donor restrictionswhen the donated or acquired long-lived assets are placed in service.

IN-KIND DONATIONSThe Organization receives certain in-kind donations during the year, which are recordedat fair market value as contribution revenue and an expense in the financial statements.

ADVANCED MEMBERSHIPSMemberships received in advance are deferred and recognized in the period to which thememberships relate.

INCOME TAXESThe Organization is exempt from income taxes under Section 501(c)(3) of the InternalRevenue Code and a similar provision of Ohio law. However, the Organization is subjectto federal income tax on any unrelated business taxable income.

The Organization’s IRS Form 990 is subject to review and examination by federal andstate authorities. The Organization believes it has appropriate support for any taxpositions taken, and therefore, does not have any uncertain income tax positions thatare material to the financial statements.

FUNCTIONAL ALLOCATION OF EXPENSESThe costs of supporting the various programs and other activities have beensummarized on a functional basis in the notes to the financial statements. Expenseshave been classified based upon the actual direct expenditures and cost allocationsbased upon estimates of time spent by Organization personnel.


ANNUALREPORTANNUALREPORTNOTES TO FINANCIAL STATEMENTS (continued)

NOTE 1

SUMMARY OFSIGNIFICANTACCOUNTINGPOLICIES(Continued)

NOTE 3

CONCENTRATION /SPECIAL IMPROVEMENTDISTRICT

NOTE 4

OTHER SERVICECONTRACTS

NOTE 2

PROPERTY ANDEQUIPMENT

USE OF ESTIMATESThe preparation of financial statements in conformity with accounting principles generallyaccepted in the United States of America requires management to make estimates andassumptions that affect the reported amounts of assets and liabilities and disclosure ofcontingent assets and liabilities at the date of the financial statements and the reportedamounts of revenues and expenses during the reporting period. Actual results could differfrom those estimates.

SUBSEQUENT EVENT EVALUATIONIn preparing its financial statements, the Organization has evaluated events subsequentto the statement of financial position date through March 17, 2016, which is the date thefinancial statements were available to be issued.

DCI entered into a Special Improvement District contract with Downtown CincinnatiImprovement District (DCID) which expires on December 31, 2017. DCID is a specialassessment of downtown property owners, which purchase the services of DCI.Approximately 82% of revenues in 2015 and 78% in 2014, and 74% of the receivablesin 2015 and 87% in 2014 are related to the Special Improvement District contract.

DCI had contracts with the Fountain Square Management Group to clean Fountain Square andOTR Holdings to clean certain areas in Over-the-Rhine. These contracts ended in April 2014.DCI expended $-0- in 2015 and $95,350 in 2014 in connection with these contracts.

DCI also has a contract with SORTA to clean Government Square, bus stops and shelters in thecentral business district and Hamilton County Office of Reentry to provide outreach services.DCI expended $195,017 in 2015 and $204,349 in 2014 in connection with these contracts.

Property and equipment consisted

of the following: 2015 2014

Computer equipment $63,411 $60,300

Smart phone application 45,000 —

Signage and other 33,044 31,891

Office equipment 24,608 24,608

Computer software 9,440 9,018

175,503 125,817

Less accumulated depreciation (99,975) (77,781)

$75,528 $48,036

Depreciation expense was $22,194

in 2015 and $8,882 in 2014.



NOTES TO FINANCIAL STATEMENTS (continued)

NOTE 5

LEASECOMMITMENTS

NOTE 7

FUNCTIONALALLOCATION OFEXPENSES

NOTE 7

FUNCTIONALALLOCATION OFEXPENSES

NOTE 6

401(K) PLAN

For the year ended December 31, 2014, DCI participated in a multi-employer 401(k) plansponsored by the Cincinnati USA Regional Chamber of Commerce (Chamber). TheOrganization matched up to 5% of the employees’ contributions to the plan. Participantsvested in employer contributions 20% each year and are fully vested after five years.

During 2015, DCI was notified that they were no longer able to participate in the Chamber401(k) plan and established a new stand-alone plan to which participant balances wererolled-over and future contributions will be made. DCI established this new definedcontribution 401(k) plan, effective October 1, 2015. The new plan requires theOrganization to match up to 5% of the employees’ contributions to the plan. Participantsvest in employer contributions 20% each year and are fully vested after five years.

Total contributions to both plans were $25,290 for 2015 and $24,050 for 2014.

The Organization leases office space and various equipment under operating leases thatwill expire in 2017. Rent expense for these leases was $67,482 in 2015 and $67,452in 2014.

Future minimum lease payments are as follows:

2016 $67,482

2017 66,584

$134,066

The costs of supporting the various programs and other activities of the Organization havebeen summarized below. Expenses have been classified based upon the actual directexpenditures and cost allocations based upon estimates of time spent by Organizationpersonnel.

2015 2014

Program services $2,433,455 87.2% $2,463,563 88.6%

General and administrative 202,670 7.4% 194,787 6.9%

Fundraising 152,494 5.4% 127,229 4.5%

$2,788,619 100.0% $2,785,579 100.0%



Sundry and Vice 5chw4r7z.blogspot.com

Brain Camp at the Main Library Public Library of Cincinnati and Hamilton County

Channel 9 interviewing Ambassador Downtown Cincinnati Inc.

Chief Isaac Swearing in Ceremony Underground Railroad Freecom Center

Bru Burger Construction at 6th and Walnut Thadd Fiala

Cincinnati Bengals Taking the Field Courtesy of the Cincinnati Bengals



DOWNTOWN CINCINNATI INC. BOARD OF DIRECTORS

Executive CommitteeMayor John CranleyHonorary ChairMayor,City of Cincinnati

Edward D. DillerChairPartner-in-Charge,Taft Stettinius and Hollister LLP

Jill P. MeyerImmediate Past ChairPresident and ChiefExecutive Officer,Cincinnati USA RegionalChamber

Elizabeth P. SherwoodVice ChairVice President,Community Development,Huntington National Bank

Ryan M. RyboltSecretaryPresident,Infintech LLC

David A. EshmanTreasurer(through March 31, 2015)Partner,Deloitte LLP

Mike FoxTreasurer(as of April 1, 2015)Partner,Deloitte LLP

Harry BlackCity Manager,City of Cincinnati

Adam GelterExecutive Vice President,Cincinnati Center CityDevelopment Corporation(3CDC)

David N. GinsburgPresident andChief Executive Officer,Downtown Cincinnati Inc.

Commissioner Greg Hartmann(as of January 8, 2015)President,Hamilton County Boardof Commissioners

Wijdan JreisatAttorney at Law,Katz, Teller, Brant and Hild

Arlene R. KothVice President,Administrationand Human Resources,TriVersity ConstructionCompany

Commissioner Christopher Monzel(through January 7, 2015)President,Hamilton County Boardof Commissioners

William J. MoranSenior Vice President,Director of Corporate FacilitiesFifth Third Bank

Jim T. NeyerExecutive Vice President,Real Estate Development,Al Neyer LLC

Kevin ShibleyGeneral Manager,Saks Fifth Avenue

DirectorsTim AbbottGovernment andCommunity RelationsManager,Duke Energy

Eric P. AvnerVice President and SeniorProgram Manager,Community Development,The Carol Ann and Ralph V.Haile, Jr. /U.S. Bank Foundation

Chief Jeffrey Blackwell(through September 9, 2015)Cincinnati Police Department

Sam BortzFinancial Advisor,Raymond James & Associates

Paul BrownVice President,Cincinnati Bengals

Gary Bryson(as of April 16, 2015)President,Downtown Residents Council

Ashley BuchananAssistant Vice President,Director Queen City SquareManagement,Eagle Realty Group A member of Western and SouthernFinancial Group


ANNUALREPORTANNUALREPORTDCI Board of Directors (continued)

Brian T. Carley(through July 10, 2015)President and ChiefExecutive Officer,Cincinnati USA RegionalChamber

Nelson CastilloPartner,Prime 47 Cincinnati

Cristina ChuecosConsultant,Diversity and GlobalCompetency,Wisdom Nuggets, LLC

Deborah DentExecutive Director,The Cincinnati InternationalWine Festival

Daniel J. EifertVice President,Property ManagementHines

David A. EshmanPartner,Deloitte LLP

Kimber L. FenderThe Eva Jane RomaineCoombe Director,The Public Library of Cincinnatiand Hamilton County

Dwight FerrellChief Executive Officer andGeneral Manager,Metro

Mary Sue FindleyVice President,Human Resources84.51°

Kevin FinnPresident and ChiefExecutive Officer,Strategies to EndHomelessness

Karen ForgusSenior Vice President ofBusiness Operations,Cincinnati Reds

Kathleen GilbeyGeneral Manager,The Westin Cincinnati

Carl L. GoertemoellerSenior Vice President,Real Estate,Macy’s Inc.

Barbara HauserManager,Ohio Community Relations,The Procter and GambleCompany

Dr. Julia A. HeathExecutive Director of theEconomics Center andProfessor, Alpaugh FamilyChair of Economics,University of Cincinnati

Robert R. HeidenreichSenior Vice President/Market Leader,PNC Bank

Dr. LaVaughn M. Henry, Ph.D.Vice President and SeniorRegional Officer,Federal Reserve Bank ofCleveland - Cincinnati Branch

Craig Hudson(through April 15, 2015)President,Downtown Residents Council

Emilie JohnsonPresident,Over-the-Rhine Chamber

Steven T. KenatPrincipal Director,Community Development,GBBN Architects, Inc.

Kevin Kline(through November 13, 2015)Senior Vice President andGeneral Manager,Horseshoe Casino

Kelly KolarPresident,Kolar Design

Daniel M. LincolnPresident and ChiefExecutive Officer,Cincinnati USA Conventionand Visitors Bureau

James J. McGraw, Jr.Partner,Keating Muething andKlekamp PLL



DCI Board of Directors (continued)

Gregory A. OtisChief Executive Officer,GO! Creative & GO! Futures LLC

Julia W. PostonOffice Managing Partner,Ernst and Young LLP

Sherri PrentissVice President, Marketing,Cincinnati Symphony

Brian A. Ross

Sean RuglessPresident andChief Executive Officer,Greater Cincinnati/NorthernKentucky African AmericanChamber of Commerce

Wm. John Ryan(through March 31, 2015)Greater Cincinnati–NorthernKentucky Complex Manager,Senior Vice President,Investments,Raymond James and Associates

Karen SeiterVice President, ManagerCorporate Real Estate,Fifth Third Bank

Jamie SmithPublisher,Cincinnati Business Courier

Pete Strange(July 13– September 14, 2015)Interim President andChief Executive Officer,Cincinnati USA Regional Chamber

Stephen Taylor

LeVon Thompson, Jr.President and ChiefOperating Officer,Foxx Construction, LLC

Todd A. UterstaedtPresident and ChiefExecutive Officer,Baker & Dabol, LLC

Stanford T. Williams, Jr.Vice President,Economic Inclusion,Messer Construction Company

Mark P. WoodruffSenior Brand Marketing Manager,Enquirer Media


ANNUALREPORTANNUALREPORTVisionaries ($2,500 and up)

Duke EnergyThe Procter & Gamble CompanyStandard Textile Company, Inc.Ernst & Young LLPFifth Third BankKMK Consulting Company, LLCWestern & Southern Financial Group/Eagle Realty GroupHuntington National BankMacy’s, Inc.Frost Brown Todd LLCGeneral Electric Aviation84.51°Horseshoe CasinoCintas CorporationPNC Bank

Champions ($2,000-$2,499)

Cincinnati RedsDeloitte LLPFederal Home Loan Bank of CincinnatiHixson Architecture, Engineering, InteriorsPure RomanceTaft Stettinius & Hollister LLPThe Kroger CompanyUlmer & Berne LLP

Leaders ($1,000-$1,999)

Bartlett & CompanyCastellini Company LLCCBRECincinnati BengalsCincinnati USA Regional ChamberClark Schaefer HackettColliers International Greater Cincinnati

2015 DOWNTOWN CINCINNATI INC. SUPPORTING MEMBERS

CR Architecture + DesignDinsmore & Shohl LLPDTZEnquirer MediaFreestore FoodbankFrisch’s Restaurants, Inc.Fund Evaluation Group, LLCGBBN ArchitectsGreyhound Lines, Inc.Heidelberg Distributing CompanyHilton Cincinnati Netherland Plaza HotelHinesHyatt Hotels and ResortsLocal 12 WKRC-TVLPK DesignMesser Construction CompanyMoerlein Lager HousePamela and David GinsburgPlante & Moran, PLLCRenaissance Cincinnati Downtown HotelRookwood Pottery CompanySaks Fifth AvenueSP Plus ParkingStrauss & TroyThompson Hine LLPUS BankVia ViteWood, Herron & Evans, LLP

Patrons ($500-$999)

21c Museum Hotel Cincinnati3CDC, Cincinnati Center City Development CorporationAl. Neyer, LLCAnchor AssociatesAntonelli CollegeAT&T OhioBaker & Daboll, LLC

Barnes DennigBKD, LLPBlock by BlockBudco Group, Inc.Christ Church CathedralCincilingua Inc. International Language CenterCincinnati Arts AssociationCincinnati Business CourierCincinnati Symphony OrchestraCincinnati USA Convention and Visitors BureauComey & Shepherd RealtorsContemporary Arts CenterContract SweepersFirst Financial BankFirst Group AmericaFoxx ConstructionGaslightHGC ConstructionJDL Warm ConstructionJeffrey R. Anderson Real Estate, Inc.Katz, Teller, Brant & HildKlosterman Baking CompanyLAZ Parking Realty InvestorsMetroMichael Schuster Associates, Inc.Model GroupNicholson’s Pub LLCPierre ColletRaymond James & AssociatesRiverPoint Capital ManagementSpectra Venue ManagementStarboard StrategyTechSoft Systems, Inc.The Plant Trolley, Inc.THP Limited Inc.Tiffany & Co.Time Warner Cable - Business ClassTom and Chee LLCTriVersity Construction Company



Advocates ($250-$499)

1919 Investment CounselAcme Lock Inc.Allpro ParkingAmerican Modern Insurance GroupAmerican Red CrossArnold’s Bar & GrillArtsWaveArtWorksAscribeAshley Commercial GroupBB&TBonnie K. White & Associates, Inc.Brandstetter Carroll Inc.Burgess & Niple, Inc.Burke & Schindler PLLCadre Computer Resources Co.Centric ConsultingCincinnati Bar AssociationCincinnati Development Fund, Inc.Cincy Brew BusCincy MagazineCovenant First Presbyterian ChurchDavid and Linda YipEnsemble Theatre of CincinnatiFindlay MarketFoundation BankFRCH Design WorldwideGarfield Suites HotelGlaserworksGlobal CloudGoodson and Company, Ltd.Graeter’s Manufacturing CompanyGreater Cincinnati Automobile Dealers AssociationGreenSource CincinnatiInfintech, LLCIntegrated Research AssociatesJeff Ruby’sKeys & SimpkinsonKolar Design, Inc.Manley BurkeMCM CPAs & Advisors

Mellott & Mellott, P.L.L.Newmark Grubb Knight Frank

Cincinnati Commercial, REALTORSNSG, Inc.OKI Regional Council of GovernmentsPepper Construction Company of Ohio, LLCPort of Greater Cincinnati Development AuthorityPrime 47R.G. McGraw Insurance Agency, Inc.Red BikePalomino Rotisserie and BarSanger & EbySibcy Cline - Christine Schoonover & George VerkampStatman Harris & EyrichSteven KenatStock Yards Bank & TrustTDA Associates, Inc.The Carol Ann & Ralph V. Haile, Jr./U.S. Bank FoundationThe Greater Cincinnati FoundationThe Phoenix Restaurant GroupTrattoria RomaUC Health Primary Care Downtown OfficeUnited Way of Greater CincinnatiUrban Sites Limited Liability CompanyUS Digital PartnersWhitmer & Company CPAS, LLPWisdom Nuggets LLC

Friends and Non-ProfitOrganizations ($100-$249)

5th Street GalleryAirrosti Rehab Centers, LLCAppointments - The Business StoreArchitects PlusArt Beyond BoundariesATech: Automotive TechnologyBang & Olufsen CincinnatiBarbara J. Howard Co. LPA

BDO USA, LLPBelow Zero LoungeBroadway in CincinnatiBromwell’s Hearth and HomeBusiness Intelligence Inc.Cincinnati Art Galleries, LLC.Cincinnati Art MuseumCincinnati Business CommitteeCincinnati Endocrine ClinicCincinnati Hills Christian AcademyCincinnati Masonic CenterCincinnati Museum CenterCincinnati Playhouse in the ParkCincinnati Stage Employees Local No. 5Cincinnati State Technical and Community CollegeCincinnati Union BethelCincinnati USA Regional Tourism NetworkCincinnati WorksCity Dermatology and LaserColdwell Banker West Shell - Mitchell RamColdwell Banker West Shell - Rakesh RamDePaul Cristo Rey High SchoolEagle’s Lock and SecurityElliott Management GroupEmpower MediaMarketingFabulous Frames and ArtFannin Financial Group of Wells Fargo AdvisorsFORCAM, Inc.Forza MarketingGame Day CommunicationsGodbey & AssociatesGoodman & GoodmanGovernment Strategies Group, LLCGreater Cincinnati Northern Kentucky African American Chamber of CommerceGreyhound Lines, Inc.Hart Productions, Inc.HHB & Partners, Inc., Realtors

DCI Members (continued)


ANNUALREPORTANNUALREPORTHilliard LyonsHumler & NolanHunt Club Clothiers Ltd., Inc.Inner Peace Holistic CenterIntegral Analytics, Inc.ISQ CoolCo, LLCITA Audio Visual SolutionsIzzy’sJonathan TreadwayJoseph Leasing/First America Auto BrokersKeller Williams - Sarah CloseKreller CompaniesLaVerdad Marketing & MediaLohre & Associates Inc.Lucy Blue PizzaLynn McInturf AssociatesMark Bowen MediaMC Squared Limited, LLCMcKinney & Namei Co., LPAMercantile LibraryMichael McInturf ArchitectsMike & Carol Trotta TailorsMorton’s SteakhouseNational Underground Railroad Freedom CenterNorth Star NavigatorsNorthPointe RealtyOver-the-Rhine Chamber of CommercePaula Norton PhotographyPhotonics Graphics Inc.Plum Street CaféQueen City Financial Advisors, LLCREDI CincinnatiRichter & Phillips CompanyRieder Team, Hoeting RealtyRobinson Sotheby’s International RealtyRoosters Men’s Grooming CenterRWA ArchitectsScott Knox Attorney At LawSibcy Cline - David DawsonSMS Events

Social Venture Partners CincinnatiStout & GallantStrategies to End HomelessnessTaft Museum of ArtTerry Monnie Title CompanyThe Booksellers on Fountain SquareThe Garage OTRThe Gym at Carew TowerThe Library Friends’ ShopThe Not Dead Yet GenerationThe Preview Group, Inc.The Public Library of Cincinnati and Hamilton CountyThe RCF GroupThe Reserve at 4th and RaceThe Soapbox SalonThe University Club of CincinnatiTheatre Management CorporationThesing Real Estate Services, Inc.Thomas D Heldman CPA & Associates, IncThomas PowersTom Deutsch Jr., Coldwell Banker West ShellUniversity of CincinnatiUPS StoreUpside Down Holdings LLCUptown Consortium, Inc.Vehr CommunicationsVenue 222Vestige Redevelopment GroupWalter E. Gay, Jr., D.D.S., Inc.Xavier University

Neighbors ($50)

Nancy AllenMary ArmorBonnie BagwellGeoffrey BarnesDonnell BellTom BesanceneyPaula Brehm-HeegerKathleen and George Brinkman

DCI Members (continued)

Gary BrysonJackie BrysonJustin ChristianGreg EdwardsSusie FegelmanJason FinnellEnid and Marshall GinsburgCarol and Mike GlotfelterKurt GrossmanKathryn HainesDr. LaVaughn HenryKarlee HilliardMary and Craig HudsonThomas HuenefeldAlison Kamine and Bob BloomLisa KaminskiThomas KilcoyneSusan LennardMary McCord-BerryJohn McDanielMartha McGlincheyMichelle Morales-DenisoffDaniel MoroskiLaWana MoroskiPhil MorricalJohn NunnsMichael OhmerMark PainterMichael PardoCinnamon PellyRick PenderEllie ReiserTodd SchlosserBill SchmidtKevin SchuitemaAndy ScottJalea Stowers-GrimesWayne TaleffJeffrey WaiteCynthia WalkerPeg WeberJoan and James Wichman



STAFFDavid N. Ginsburg, President and CEO

Patricia Casey, Administrative Manager

Markita Coach, Operations Manager,

Ambassador Services

Cate Douglas, Research and Business

Outreach Manager (beginning December 2015)

Zac Finch, Director of Ambassador Services

(beginning December 2015)

Shelly Fuller, Director of Operations

Gina Gartner Beraha, Director of Stakeholder

and Information Services (ending December 2015)

Chico Lockhart, Social Service Outreach Coordinator

Ron Mabry, Social Service Outreach Coordinator

Julie McGuire, Administrative Assistant

Mindy Rosen, Senior Vice President of Communications

and Strategic Initiatives

Tricia Suit, Director of Marketing

David Thomas, Director of Ambassador Services

(ending December 2015)

Aiken High School Students perform “Macbeth” as part of PROJECT38 Festival J. Sheldon Photo, courtesy of Cincinnati Shakespeare CompanyAmbassador cleaning graffiti Downtown Cincinnati Inc.

Smale Riverfront Park Travis Estell Sculptures by Antonio Adams at The Weston Gallery Downtown Cincinnati Inc.

THE MISSION OF DOWNTOWN CINCINNATI INC.

IS TO BUILD A DYNAMIC METROPOLITAN CENTER

VALUED AS THE HEART OF THE REGION.

35 East Seventh Street, Suite 202 Cincinnati, OH 45202 513.421.4440www.downtowncincinnati.com

Documents

STATE OF DOWNTOWN CINCINNATI · 17 Seven at Broadway Seventh and Broadway Streets RES $22.30 2015 18 Smale Riverfront Park (Phase 3-4) The Banks CEE $25.40 2015 19 Smale Riverfront