The history of the Scioto Peninsula in not really all that positive. Bounded by 315 to the west and on all other sides by the Scioto River directly across from Downtown, this area currently contains Veteran’s Memorial, COSI and not much else. Even as far back as the 1950s, a large chunk of the peninsula, especially around Central High School (which still exists as COSI), was just vacant land. Otherwise, what existed were warehouse buildings and other commercial buildings. What people lived there were mostly confined to a few public housing projects. Being so close to the Scioto River, the area repeatedly flooded over its history, especially in the Great Flood of 1913 and to a lesser extent in 1959. This prevented much development here and in Franklinton in general. Federal standards were actually in place that banned most new construction or even renovations to most types of buildings. This allowed all of Franklinton, including the Peninsula, to stagnate and go through steady decline.
Help was coming, however, in the form of a giant floodwall. Conceived as far back as the 1980s, the Franklinton Floodwall would not be completed until 2004. It took another 4-5 years before people began to seriously look at the area for redevelopment and then for that development to actually start taking place. Eastern Franklinton, so far, has been the focal point of that redevelopment, and a big project to help tie in Downtown with the neighborhood is the planned redevelopment of the Peninsula.
Almost all the buildings that existed in the ’50s are now gone, even the housing projects. COSI uses much of the land for parking, as does Veteran’s Memorial. The rest is grassy lots primed for redevelopment. Some projects have already taken place. The two new Downtown bridges at Main and Rich Streets provide a nice access onto the Peninsula, along with the Broad Street bridge. A 4th, a planned pedestrian bridge, will be located on the north end crossing from Vet’s Memorial to North Bank Park in the Arena District. This bridge is probably still a few years off, as there is another, large project planned. The low-head dams along the Scioto River in the Downtown area are going to be removed, starting sometime next year. This will lower the river level and create a more natural flowing waterway. It will also create acres of new riverfront parkland that new paths and landscaping will be added to. This will create an inviting, park setting to both sides of the river.
The Peninsula has been planned for redevelopment several times in the last 30 years, but there was a lack of momentum for urban projects for decades and no serious plans ever seemed to emerge. That was until the last 10 years, starting in 2002 with the first Downtown development plan by Mayor Coleman and the city. A new version was released in 2010 and contained a dozen projects planned to help Downtown become a destination again. While the Scioto Peninsula was not specifically mentioned, fixing the riverfront was. That’s where Scioto Mile park came from and is now a very popular spot for residents. With all this momentum, the Peninsula needed a serious plan. Right now, meetings are taking place and a development plan is now in the early stages. Some early ideas include a lot of residential, retail and entertainment space, along with a more interactive riverfront and even a transit station for light rail. The first draft of the plan is likely to be released in 2013 and construction could begin as early as 2014.