CINCINNATI CENTER CITY DEVELOPMENT CORPORATION
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Mission Statement
3CDC is a non-profit, real estate development, management, and finance organization focused on strategically revitalizing Cincinnati's downtown urban core in partnership with the City of Cincinnati and the Cincinnati corporate community. Our work is specifically focused on the Central Business District and in Over-the-Rhine.
About This Cause
3CDC was formed in July 2003, recommended by a City of Cincinnati Economic Development Task Force as part of an overall system to increase the effectiveness and efficiency of development activities in the City of Cincinnati. Then Mayor Charlie Luken and members of the Cincinnati corporate community joined together to create 3CDC, agreeing that the economic future of Cincinnati depended first and foremost on a strong and vibrant downtown business and entertainment district. 3CDC'S Goals and Objectives • Create and Manage Great Civic Spaces • Create High Density/Mixed-Use Development • Preserve Historic Structures and Improve Streetscapes • Create Diverse, Mixed-Income Neighborhoods Supported by Local Business To date, 3CDC has played a direct role in over $1.7 billion in development projects in downtown Cincinnati and the adjacent neighborhood of Over-the-Rhine. This investment has yielded 209 buildings restored, 49 new buildings constructed, 17 acres of restored civic space, two civic buildings restored, as well as the creation of 2,303 residential units, 156 hotel rooms, three comprehensive residential and service facilities for the homeless with 345 beds, 1,358,711 square feet of commercial space, and 5,918 parking spaces. 3CDC and its partners have developed 460 affordable units. This accounts for 70% of the total units 3CDC has developed in OTR.