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PROGRESS REPORT APRIL 2012. Published May 20, 2012. The Banks Project. The Banks Project Master Plan. Riverfront Parking. Baseball Parking. Executive Summary. Executive Summary Opening Day—April 5. Executive Summary Pete Rose Way Parking Entrance. Executive Summary Ongoing Construction.
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PROGRESS REPORTAPRIL2012 • Published May 20, 2012
Summary: Construction • Public Safety Technologies • TC-28 work progress • Conduit installation 100% complete • Emergency communication panels, transformer and phones installed • Camera wiring and mounting process begun
Bid Package #12 • Part 1 Elements • Reconstruction of Freedom Way • Second Street pedestrian improvements • Security cameras • Removal of Race Street south of Freedom Way • April Progress • Project currently in design phase • Plans will be sent to ODOT for review end of June • Documents for Environmental Clearance prepared, coordinated with ODOT and SHPO
Bid Package #12 • Part 2 Elements • Roebling Bridge pedestrian connector • River Walk along Mehring Way • Pedestrian bridge at Broadway & East Pete Rose Way • April Progress • Design of River Walk from Steamboat Monument to Main Street underway; will submit to City in early June • Broadway pedestrian bridge preliminary design presented to Urban Design Review Board on April 18 • Complete Stage 2 Plan to be submitted ODOT by June 11
Summary: Budget • All public parties construction work has continuously operated within budget. • Financial close out of Phase 1, now in process, is dependent on Developer’s Phase 1 housing subsidy payment being reconciled. • Click the link below for corrected Phase 1 March 2012 final construction budget (due to close-out), Phase 2a construction budget, and TC-28 change order report as of April 30, 2012. • http://www.thebankspublicpartnership.com/sites/default/files/budget-apr2012.pdf
Summary: Developer • Carter-Dawson • Residential 100% leased • Commercial 84% leased
Developer’s Leasing Activity Legend refers to the following two slides.
Summary: Economic Inclusion • Actual Small Business Enterprise (SBE) participation for Construction through 03/25/12 is 36.1% (goal is 30%) • Minority Business Enterprise (MBE): 15.9% • Women Business Enterprise (WBE): 2.8% • There are no MBE or WBE goals. *Goal achieved if Actual DBE Amount equals or exceeds the Committed DBE Amount.
Economic Inclusion • Professional Services (SBE goal is 10%) • SBE: 12.8% • MBE: 11.3% • WBE: 2.6% • There are no MBE or WBE goals. • Workforce Data • Combined Minority/Female Workforce participation is 17.44% as of 03/25/12 • Minority Workforce (female and male) is 16.15%
Economic Inclusion • For the one-month period ending 03/25/12, a total of 100% of workers lived within the 15-County Cincinnati-Middletown Metropolitan Statistical Area (MSA) • Local residency analysis 1,418 workers (through 03/25/12) • Tri-State 97.7% • Cincinnati-Middletown MSA 77.2% • Hamilton County 25.7% • City of Cincinnati 9.1% • There are no local residency participation goals. Click here for Economic Inclusion reports: http://thebankspublicpartnership.com/sites/default/files/economic-inclusion-apr2012.pdf
Summary: Safety • The TC-28 Contractor, ESI, reports no lost-time accidents. • Phase 1 and Phase 2a construction closed out with no lost-time accidents in over 416,000 hours worked.
Cincinnati Parks • Schmidlapp Event Lawn and Stage • Welcomed many daily visitors in April • Was central gathering space for Cincinnati Reds Opening Day celebration • Bike Center • Interior build-out is complete • Bikes and Segways delivered in preparation for May opening • The Smale Riverfront Park • Dedication and grand opening will be May 18 • Smale Riverfront Park Phase 3 (south of Mehring Way) • Construction of labyrinth and Black Brigade memorial continued
CommunicationsThe Banks Project in the News • 14 articles mentioning The Banks appeared in April. • http://www.thebankspublicpartnership.com/sites/default/files/media-summary-apr2012.pdf
Progress: March 2012 For more information: John F. Deatrick The Banks Project Executive (513) 946-4434 john.deatrick@hamilton-co.org http://www.thebankspublicpartnership.com