THE WEEKLY REVIEW | April 25, 2025
- Colliers | Columbus
- 1 hour ago
- 2 min read
Keeping up with CRE trends is as easy as 1-2-3 with our weekly piece! The Weekly Review is a new blog series that will be released every Friday. The market is constantly growing and adapting to new ventures and ideas, and our goal is to provide up-to-date information into what is happening in both the Columbus and U.S. markets, as well as the commercial real estate industry as a whole. As stories evolve, the Weekly Review will continue to follow along and update our clients and community.
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1
Multifamily - Construction Begins on Apartments, Pickleball Venue Next to Columbus Crew's Lower.com Field
“In two years, some Crew fans won't have to travel far for a game. They can just walk across the street. Work is officially starting on long-promised apartments next door to the soccer team's home at Lower.com Field. The apartments are the latest phase of Astor Park, the 15-acre development around the stadium that includes a five-story office building and a 685-space parking garage.
2
“Downtown Columbus Inc. announced Tuesday the launch of its Safer Downtown Command Center, a 24-hour security operation that monitors footage from multiple cameras across downtown. The center operates out of the Lazarus Building, where security personnel will monitor camera feeds and a phone hotline from which downtown patrons can receive support for non-emergency concerns. The center currently displays feeds from 100 security cameras from private sector partners, including Nationwide, Huntington, Edwards Cos. and the State of Ohio.”
3
“The Central Ohio industrial market experienced a resurgence in the first quarter, with positive leasing activity leading to a decline in vacancy rates. Net absorption, the change in occupied square footage, was positive in Q1 after a steep drop at the end of 2024.”
