March-May 2014 Review



May 2014 review

The March-May 2014 review continues the look back on a very busy year in and around Columbus.

Development News
March

-Plans were announced to redevelop Poindexter Village with 350 residential units, as well as community center and park space.
http://www.columbusunderground.com/poindexter-plan-calls-for-350-multi-family-units-urban-farm-bw1
-A new brewery announced it would be moving into space on West Town Street in Franklinton.
http://www.bizjournals.com/columbus/blog/2014/03/land-grant-brewing-finally-finds-home.html
-A new 42-unit residential development was announced for Downtown Dublin.
http://www.bizjournals.com/columbus/blog/2014/03/crawford-hoying-planning-42-luxury.html
-101 residential units were proposed for 991 Dennison Avenue in Victorian Village.
http://www.columbusunderground.com/new-five-story-101-unit-apartment-building-proposed-for-victorian-village
-Columbus announced plans to use $2.5 billion to build infrastructure to reduce runoff and pollution issues, including creating water gardens and new parks across the city.
http://www.columbusunderground.com/green-infrastructure-and-neighborhood-pocket-parks-part-of-blueprint-columbus-plan-bw1
-Reeb Elementary on the South Side was announced to be turned into a community center.
http://www.dispatch.com/content/stories/local/2014/03/21/south-side-community-center-gets-go-ahead.html
-New caps, similar to the existing retail cap on High Street over I-670 were announced to be in the works as part of the 70/71 rebuild. The caps would replace the highway bridges on S. High and S. Third between Downtown and German Village.
http://www.columbusunderground.com/caps-planned-for-high-and-third-street-bridges-south-of-downtown-bw1

April
-A vacant 1880s building a 140 N. Grant was announced to be renovated into mixed-use and residential.
http://www.bizjournals.com/columbus/news/2014/04/10/former-inkling-printing-building-on-east-long-to.html
-40 units of affordable housing was proposed for vacant buildings at Long and Front Downtown.
http://www.columbusunderground.com/forums/topic/affordable-housing-development-proposed-at-long-front-downtown
-Plans to renovate the Citizens Building at the southwest corner of Gay and High Downtown were announced, as well as building a new mixed-use building on the northwest corner.
http://www.columbusunderground.com/edwards-communities-contemplates-infill-at-gay-and-high
-Plans were also announced to renovate hundreds of apartments in the Metro West complex behind Westland Mall.
http://www.bizjournals.com/columbus/blog/2014/04/mitt-romney-affiliate-buys-most-of-metro-west.html

May
-The Short North Donatos announced plans to rebuild into a new restaurant with 2nd floor patio and additional spaces for more retail.
http://www.columbusunderground.com/forums/topic/short-north-donatos-demolition-and-new-build
-The Byers Chevrolet site on West Broad Street in Franklinton was purchased by Nationwide Reality for a potential mixed-use project.
http://www.columbusunderground.com/nri-to-redevelop-byers-chevrolet-site-in-franklinton
-Casto announced plans for a 152-unit residential complex overlooking the Scioto River near Hayden Road.
http://www.bizjournals.com/columbus/blog/2014/05/casto-to-build-apartments-overlooking-scioto-river.html
-41 new homes were coming to N. Grant Avenue in Weinland Park.
http://www.bizjournals.com/columbus/blog/2014/05/wagenbrenner-adding-market-rate-homes-in-weinland.html
-A small condo development was proposed for Summit in Italian Village.
http://www.columbusunderground.com/condos-proposed-for-first-and-summit-in-italian-village-bw1
-Children’s Hospital announced plans for 2 new buildings on Livingston Avenue.
http://www.dispatch.com/content/stories/local/2014/05/28/Nationwide-Childrens-Hospital-plans-expansion.html
-The Stoddart Block, a historic residential building, would be renovated into micro apartments.
http://www.columbusunderground.com/forums/topic/stoddart-block-affordable-housing-downtown

Economic News
-Home sales declined in all 3 months of March-May, as demand far outpaced supply.
-The unemployment rate continued to fall to multi-year lows.
http://www.dispatch.com/content/stories/business/2014/05/20/regional-central-ohio-unemployment-falls-april.html
-Columbus was named the 6th most affordable metro in the nation.
http://www.bizjournals.com/columbus/blog/2014/05/ohio-cities-ranked-among-most-affordable-housing.html

Other News
-Columbus’ population was announced to have grown by more than 12,000 people between 2012-2013, and reached a population of 822,553 in 2013.
-Columbus was named one of the top cities for entrepreneurs.
http://www.bizjournals.com/columbus/blog/2014/05/columbus-tops-in-ohio-among-best-cities-for.html
-Columbus was named a top city where people could accomplish their dreams/goals.
http://www.columbusunderground.com/columbus-ranked-6th-on-list-of-american-dream-cities-jb1