Columbus City and Suburban Development News (Franklin, Grandview: sale, salon, rental market)

[jbcmh81]

Neighborhood Launch to Break Ground on New Apartments and Condos in 2012

The Downtown Neighborhood Launch project will break ground on the two previously announced apartment buildings by the end of July. This includes 260 apartments in a pair of 5-story buildings. When these are nearly completion, there will be at least two more buildings started, including modern condo building and another apartmentment building. The project will have a least 700 units altogether.

[jbcmh81]

Rich Street Bridge Officially Opens Downtown

The $32 million new modern Rich Street bridge connecting Downtown and Franklinton officially opened earlier this month.

[jbcmh81]

LeVeque Tower renovations in line for city incentives - Columbus - Business First

The $27.6 million renovation and residential/hotel conversion of the LeVeque Tower Downtown will receive city tax breaks as well as the historic preservation grants it has already received from the state.

[jbcmh81]

CCAD Plans to Densify Downtown Campus

The Columbus College of Arts and Design, located in the eastern part of Downtown, will be moving to densify their campus. They will be building more student housing, art and office space on existing surface lots and create a gateway into the area along Gay and Long Streets.

[jbcmh81]

More Bike Shelters Coming Soon to Downtown

6 new shelters will be built around Downtown.

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Mayor, donors announce South Side community center plans | The Columbus Dispatch
http://www.columbusunderground.com/s...-neighborhoods
http://www.neighborhooddesign.org/up...e1_liv.ave.pdf

The South Side getting more attention, with a $12 million renovation of an old school into a community center as well as several million to renovate as many as 100 homes. A few links with the details along with a PDF with pictures showing the planned improvements.

[jbcmh81]

Kassel Equity gets investors to chip in $1M for Bexley apartment rehab - Columbus - Business First

The Mayfield Court apartments in Bexley to get a renovation after a long period of neglect.

[jbcmh81]

East Franklinton Planned as Dense Hub of Urban Creativity

The East Franklinton Plan (not including the Scioto Peninsula redevelopment, which remains in planning) was finalized recently. The plan calls for:

-Up to 400 new single-family homes
-Up to 4,300 residential units (apartments/condos)
-100,000 square feet of retail
-100,000 square feet of artist space
-150,000 square feet of entrepreneurial space for startups
-No parking requirements, at least not suburban style in nature.

This is a long term plan and is a development guide only. East Franklinton is only just beginning to really turn around, and this plan will guide how things get built as interest in the area grows. Basically, they want a dense, urban, walkable neighborhood.

[jbcmh81]

National Church Residences opens Commons at Third providing apartments for homeless - Columbus - Business First

NCR opened its 5th apartment complex for low-income or homeless residents, this time at Norton near Grandview Yard. The other complexes offer housing to recovering substance abusers and homeless veterans. The $11 million project is nice because it looks like any upscale apartment building, not some square box with the look and feel of low-income housing. Indeed, all 5 buildings have this look. NCR is also planning to double the size of the complex on Livingston.

[jbcmh81]

Icon Equipment expands to Ohio with Columbus office - Columbus - Business First

North Hilltop got a new office from New Jersey-based Icon, a company that designs and manufacturers equipment to support underground trench construction.