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3CDC history
3CDC company history timeline
In July 2003, 3CDC was formed by former mayor of Cincinnati, Charlie Luken and other corporate community members.
April 2004: Steve Leeper, then the executive director of Pittsburgh’s Sports and Exhibition Authority, is hired by the 3CDC Board of Directors to serve as President & CEO.
November 2004: 3CDC accepts responsibility for overseeing management of CNMF and CEF, two private loan funds targeted for downtown and urban redevelopment.
March 2005: 3CDC begins land banking abandoned, vacant, dilapidated and problem properties in Over-the-Rhine for future redevelopment.
Working in conjunction with a number of partners, 3CDC spearheaded the effort to renovate and revitalize Fountain Square, completing the project in October 2006.
March 2007: Approximately 100 new condo units and more than 23,000 square feet of commercial space comes on line as part of 3CDC’s first two phases of mixed-use development in OTR.
It has put more office space in OTR, adding 22 users since 2007, as another way to add foot traffic in the neighborhood during the daytime hours.
May 2008: PNC Bank sponsors the Fountain Square Summer Music Series, bringing live music to the Square five nights per week and establishing it as an entertainment destination for the region.
February 2011: Saengerhalle, three historic buildings transformed into a 32,750-square-foot office and restaurant complex, becomes 3CDC’s new home.
The park is re-opened to the public with a new 450 space parking garage, which had opened in March 2012.
July 2012: The $48 million renovation and expansion of Washington Park is completed.
June 2014: Construction on the first two phases of Mercer Commons is completed, yielding a total of 67 apartments (30 of which are affordable units), 23 condominiums, 5 townhomes, 14,500 square feet of commercial space, and a 340-space parking garage.
December 2014: As the demand for office space in OTR grows, 3CDC relocates once again, after backfilling its former space and renovating the former Pabst Bedding Warehouse at 1201 Walnut Street into 28,000 square feet of office and restaurant space.
May 2015: Following Kroger’s purchase of dunnhumbyUSA, the new organization is renamed 84.51° and initiates occupancy of its new offices at the corner of Fifth and Race streets.
October 2015: The David & Rebecca Barron Center for Men opens, the third brand new shelter built as part of the five-facility Homeless to Homes Plan, joining the Esther Marie Hatton Center for Women and City Gospel Mission, completed in June and July, respectively.
December 2016: Following an $11 million, year-long renovation, historic Memorial Hall reopens to the public.
September 2017: After 15 months of construction, the $143 million renovation of historic Music Hall is completed.
October 2017: Employees of Empower, an advertising and marketing agency, relocate to their new, 64,000-square-foot headquarters in OTR. The project serves as the fourth (and final) phase of 3CDC's Mercer Commons project.
April 2018: 3CDC celebrates the completion of its $19.5 million 15th & Vine project, bringing 55,000 square feet of commercial and office space to Over-the-Rhine.
December 2018: 3CDC and Downtown Cincinnati, Inc., two organizations focused on making Cincinnati’s urban core a vibrant, dynamic metropolitan center, joined forces to continue, and further maximize, the City’s current momentum.
January 2019: 3CDC purchases the former downtown Macy’s store to ensure the building is transferred to an organization that has the best interest of the city in mind.
September 2019: Kroger on the Rhine opens to the public.
May 2020: Construction begins on Willkommen, a scattered-site, mixed-use, mixed-income project that will create 163 residential units—including 69 affordable apartments—along with 19,500 square feet of commercial space in OTR.
June 2020: 3CDC purchases Chong Building, located at 616 Race Street.
The 52-by-23-foot screen follows the unveiling of the Fifth Third Center Stage, Fountain Square’s first permanent stage, a $2 million gift from Fifth Third Bank to the City of Cincinnati that was completed in August 2020.
March 2021: A new Fifth Third LED Board is installed atop The Foundry, across the street from Fountain Square.
June 2021: Construction is completed on Perseverance opens, a partnership between 3CDC and Over-the-Rhine Community Housing that yields 32 affordable apartments and 6,700 square feet of street-level commercial space.
June 2021: The City of Cincinnati, Kroger, and 3CDC unveil the new pedestrian-friendly Court Street Plaza.
September 2021: Renovations at OTR’s Imagination Alley are unveiled, with the updated space featuring existing and new artwork, and allowing for community events like movie nights, block parties and picnics.
January 2022: 3CDC is appointed to the role of Lead Development Manager for the Convention Center District by the City of Cincinnati and Hamilton County.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Dunes Realty Vacation Rentals | 1969 | $830,000 | 25 | - |
| Berkley Hills Apartments | - | $8.4M | 50 | - |
| Koury | 1952 | $320.0M | 1,400 | - |
| Ruben Companies | - | $3.8M | 40 | - |
| Downtown Holdings LLC | 2000 | $990,000 | 50 | 11 |
| Five Point | 2009 | $237.9M | 160 | - |
| HLT | 2002 | $11.0M | 80 | - |
| workman | - | - | - | - |
| Lamon Associates Real Estate | - | $1.7M | 12 | - |
| So Cal Properties | - | $230,000 | 4 | 125 |
3CDC history FAQs
Zippia gives an in-depth look into the details of 3CDC, including salaries, political affiliations, employee data, and more, in order to inform job seekers about 3CDC. The employee data is based on information from people who have self-reported their past or current employments at 3CDC. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by 3CDC. The data presented on this page does not represent the view of 3CDC and its employees or that of Zippia.
3CDC may also be known as or be related to 3CDC, 3cdc, Cincinnati Center City Development Corp, Cincinnati Center City Development Corporation and Cincinnati Equity Fund LLC.