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.
Certain news links may require site registration or subscription to access the complete article.
1
“Columbus' South Side is set to gain thousands of new apartments and entertainment options in the next few years. The neighborhood was recently featured on the cover of Columbus Business First because of the renaissance it is going through. Projects planned to transform the neighborhood include market rate and affordable housing – an important asset to keep current South Side residents in the neighborhood as the price of housing continues to rise. The South Side could be poised to take on much of the predicted population growth in Columbus.”
2
“Plans for The Peninsula's $290 million second phase are moving forward. The Downtown Commission next week will consider conceptual plans for the large, mixed-use project at Broad and Belle streets. In a conceptual hearing, no action is taken. The developers behind The Peninsula – Downtown Columbus Inc., Columbus-based Rockbridge and Daimler and Indianapolis-based Flaherty & Collins – announced details of the development last year. In plans submitted to the city, the project includes a 10-story residential tower, 450-space parking garage and a grocery store. Plans don't make it clear which grocer would join the development."
3
“Plans for new affordable housing in downtown Columbus are taking another step forward. The Columbus Metropolitan Housing Authority submitted the latest iteration of its project at 360 S. 3rd St. to the Downtown Commission, which will review the plan on a conceptual basis next week. Plans have slightly changed to include a client services office on-site for CMHA. At the August meeting, when the project was last before the board, commissioners expressed concern about the lack of on-site services for residents of the building.”
Comments