Annual State of Downtown Report takes new online, interactive form
Posted on May 30, 2019 by kdriscoll
CINCINNATI (May 29, 2019) – Downtown Cincinnati Inc. (DCI) and the Cincinnati Center City Development Corp. (3CDC) released the 2018 State of Downtown Report today, the first-ever interactive, digital version of the report.
The State of Downtown Cincinnati (found at www.stateofcincy.com) is a compilation of the most recently available data pertinent to Downtown Cincinnati stakeholders and visitors.
The report was developed with mySidewalk, a city intelligence platform that helps organizations better track, analyze, and communicate data to improve insights and decisions in communities and cities.
This interactive, online report explores data that explains current economic growth and demographic trends in Cincinnati’s urban core. Switching to an online version of the State of Downtown Report is a more cost-effective approach to creating the report and provides a more shareable format for those looking to promote tourism, business and living features in Downtown Cincinnati. More importantly, it allows for continuous updates of data – making it a relevant resource for stakeholders throughout the year.
As in years past, the data focuses on Downtown Cincinnati’s Central Business District, Over-the-Rhine and Pendleton neighborhoods. The data presented is derived from many sources, including Census data, information collected from local, state and federal databases, reports by the media and information collected directly from organizations where available.
Some of the key topics in this year’s Report include:
Job Density. Among its peers, few places can come close Downtown Cincinnati’s job density. With over 140 jobs per acre between 5th Street and Central Parkway, Downtown Cincinnati has some of the highest density of jobs in the country. More than half of Downtown jobs are high wage while less than 20% are low wage, with more high wage workers compared to other peer cities. That adds up to more than $6 billion in wealth that employees spend on homes, food, transportation, and more all over the region.
Livability. Unique spaces and special events contribute to the growing vibrancy that is taking hold throughout the Queen City. From sporting events to concerts to plays to festivals, the entertainment landscape in Cincinnati is impressive, and still growing. When combined with new dining and retail options, as well as a steady reduction in crime over the past two decades, Cincinnati is an ideal place to live for people of all ages.
Walkability. Cincinnati boasts some of the highest walkability scores in the nation thanks to its incredible density and diverse options of housing, jobs, food, retail, and entertainment. About 30 percent of Downtown residents walk to work, more than residents in similar-sized cities like Charlotte, Columbus, and Indianapolis.
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The Cincinnati Center City Development Corp. (3CDC) is a private, non-profit full-service real estate developer with a mission and strategic focus to strengthen the core assets of Downtown Cincinnati in partnership with the City of Cincinnati and the Cincinnati corporate community. Its work is specifically focused on revitalizing and connecting the Central Business District and Over-the-Rhine. For more information, visit http://www.3cdc.org.