1 / 26

PROGRESS REPORT MARCH 2012

PROGRESS REPORT MARCH 2012. Published April 20, 2012. The Banks Project. The Banks Project Master Plan. Riverfront Parking. Baseball Parking. Executive Summary. Executive Summary. Executive Summary. Summary: Construction. March 2012: Building Permit Close-out

lorant
Download Presentation

PROGRESS REPORT MARCH 2012

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. PROGRESS REPORTMARCH 2012 • Published April 20, 2012

  2. The Banks Project

  3. The Banks Project Master Plan

  4. Riverfront Parking

  5. Baseball Parking

  6. Executive Summary

  7. Executive Summary

  8. Executive Summary

  9. Summary: Construction • March 2012: Building Permit Close-out • Official certificates of occupancy for both Phase 1 and Phase 2 structures complete and in hand. • Close-out documents completed and submitted • Public Safety Technologies work progress • BP#12—Conduit installation 95% complete; all panels and transformers installed; circuit and camera installation planned for April

  10. Summary: Construction

  11. Bid Package #12 Street Grid/Pedestrian Improvements Design • Pedestrian walkway and street improvements preliminary design • Part 2 of BP#12 to be bid Fall 2012—sidewalk upstream side of Roebling Bridge, pedestrian bridge over Pete Rose Way, construction of Ohio River Trail segment—Urban Design Review Board set for April 18 • Part 1 of BP#12 to be bid Spring 2013—widening of Second Street sidewalk, removal of Race Street Bridge, reconstruction of portion of Freedom Way, completion of Public Safety technology

  12. Summary: Budget • All public parties construction work has continuously operated within budget. • Phase 1 financial close out is dependent on Developer’s phase 1 housing subsidy payment being reconciled. • http://www.thebankspublicpartnership.com/sites/default/files/budget-mar2012.pdf

  13. Summary: Budget • Approved change orders for Phase 1 construction totals 4.68% of approved contract amount for Bid Packages #1-8, #10, #13 • Approved change orders for Phase 2a construction totals 3.93% of approved contract amount for Bid Packages #9 and #11 • Industry average for change orders is 10% • Click here for final cost reports for Phases 1 and 2a, and final change order logs for Phase 2a http://thebankspublicpartnership.com/sites/default/files/cost-reports-mar2012.pdf

  14. Summary: Developer • Carter-Dawson: • Phase 1a residential is 100% leased • Retail is 84% leased

  15. Developer’s Leasing Activity • The Tin Roof and Crave have started construction. • Mahogany’s is in design phase. • The Wine Guy design is underway. • Ruth’s Chris is designing their space.

  16. Economic Inclusion

  17. Summary: Economic Inclusion • Actual Small Business Enterprise (SBE) participation for Construction through 02/25/12 is 36% (goal is 30%) • Minority Business Enterprise (MBE): 15.9% • Women Business Enterprise (WBE): 2.8% • (there are no MBE or WBE goals) • Professional Services (SBE goal is 10%) • SBE: 8.0% • MBE: 6.8% • WBE: 2.1% • (there are no MBE or WBE goals)

  18. Economic Inclusion Bid Packages #5, #6, and #7 are closed out. Substantial work was completed this month by the DBE contractors on Bid Packages #9 & #11; final billings are projected to meet ODOT goals. Click here for Economic Inclusion reports: http://thebankspublicpartnership.com/sites/default/files/economic-inclusion-mar2012.pdf

  19. Economic Inclusion • Combined Minority/Female Workforce participation is 17.44% as of 2/25/12. • Minority Workforce (female and male) is 16.15% • For the one-month period ending 2/25/12, a total of 100% of workers lived within the 15-County Cincinnati-Middletown MSA • Local residency analysis 1,411 workers (through 2/25/12) • Tri-State 97.7% • Cincinnati-Middletown MSA 77.1% • Hamilton County 25.7% • City of Cincinnati 9.1% • There are no local residency participation goals.

  20. 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.

  21. Cincinnati Parks

  22. Cincinnati Parks • Schmidlapp Event Lawn and Stage opened to the public in March. • Bike Center interior build-out is underway; Center set to open to the public in spring. • The Smale Riverfront Park dedication and grand opening will be on May 18. • Construction work at Smale Riverfront Park Phase 3 (south of Mehring Way) continued.

  23. Cincinnati ParksCorner of Event Stage

  24. Cincinnati ParksMoerlein Lager House across the Event Lawn

  25. CommunicationsThe Banks Project in the News • 12 articles mentioning The Banks appeared in March. • http://www.thebankspublicpartnership.com/sites/default/files/media-summary-mar2012.pdf UC co-op student Darnell Gilbert on his last day assigned to The Banks Project.

  26. 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

More Related