Downtown Columbus Parking




Downtown Columbus parking Columbus, Ohio

Downtown Columbus parking is a problem… in that there is far too much of it. It’s long been common knowledge that Downtown had an abundance of parking lots and garages, but I’ve never seen it actually mapped or counted before. The following Google map shows what’s long been known in a bit more graphic detail.

http://goo.gl/maps/hWkCf”>Downtown Parking

Red pins are surface parking lots and blue pins are parking garages. I only tried to count surface lots with 10 spaces or more, and they could be city, business or other types of lots. Lots currently being developed were not counted, nor were underground garages.

The final tally? 310 surface lots and 27 garages! Remember that the next time someone says they can’t find somewhere to park Downtown.

June 2013 Jobs Data




June 2013 jobs data Columbus, Ohio

These latest June 2013 jobs data numbers are from the Bureau of Labor Statistics

Columbus City
Unemployment Rate: 6.4%
Unemployment Rate Change since June 2012: -0.1
Unemployment Rate Change since January 2013: -0.4
Civilian Labor Force: 438,100
Civilian Labor Force Change since June 2012: +5,000
Civilian Labor Force Change since January 2013: +11,700
Employment: 409,900
Employment Change since June 2012: +5,100
Employment Change since January 2013: +12,600
Unemployment: 28,200
Unemployment Change since June 2012: -100
Unemployment Change since January 2013: -900

Franklin County
Unemployment Rate: 6.4%
Unemployment Rate Change since June 2012: -0.1
Unemployment Rate Change since January 2013: -0.4
Civilian Labor Force: 640,600
Civilian Labor Force Change since June 2012: +7,400
Civilian Labor Force Change since January 2013: +16,900
Employment: 599,600
Employment Change since June 2012: +7,500
Employment Change since January 2013: +18,600
Unemployment: 41,100
Unemployment Change since June 2012: +0
Unemployment Change since January 2013: -1,500

Columbus Metro Area
Unemployment Rate: 6.4%
Unemployment Rate Change since June 2012: +0
Unemployment Rate Change since January 2013: -0.6
Civilian Labor Force: 992,617
Civilian Labor Force Change since June 2012: +12,256
Civilian Labor Force Change since January 2013: +24,712
Employment: 929,158
Employment Change since June 2012: +11,636
Employment Change since January 2013: +28,702
Unemployment: 63,459
Unemployment Change since June 2012: +620
Unemployment Change since January 2013: -3,990

Ohio Overall
Unemployment Rate: 7.2%
Unemployment Rate Change since June 2012: -0.1
Unemployment Rate Change since January 2013 : +0.2
Civilian Labor Force: 5,756,192
Civilian Labor Force Change since June 2012: +9,844
Civilian Labor Force Change since January 2013: +15,900
Employment: 5,343,335
Employment Change since June 2012: +15,079
Employment Change since January 2013: +2,483
Unemployment: 412,857
Unemployment Change since June 2012: -5,235
Unemployment Change since January 2013: +13,417

Metro Non-Farm Jobs
Total: 972,400
Change from June 2012: +15,200
Change from January 2013: +28,800

By Industry
Mining/Logging/Construction Total: 31,900
Change from June 2012: +1,000
Change from January 2013: +5,000

Manufacturing Total: 67,800
Change from June 2012: +1,400
Change from January 2013: +2,800

Trade/Transportation/Utilities Total: 181,600
Change from June 2012: -700
Change from January 2013: -1,600

Information Total: 16,400
Change from June 2012: -400
Change from January 2013: -100

Financial Activities Total: 71,800
Change from June 2012: +0
Change from January 2013: +100

Professional and Business Services Total: 161,900
Change from June 2012: +3,400
Change from January 2013: +6,300

Education and Health Services Total: 142,800
Change from June 2012: +6,600
Change from January 2013: +3,300

Leisure and Hospitality Total: 102,100
Change from June 2012: +4,700
Change from January 2013: +13,600

Other Services Total: 36,600
Change from June 2012: -500
Change from January 2013: +400

Government Total: 159,500
Change from June 2012: -300
Change from January 2013: -1,000

Overall, June was a pretty good month for Columbus and the state. Unemployment rose, but mostly because the labor force had strong growth, which is a sign of more people entering a recovering job market. Most industries saw job growth both year-over-year and year-to-date.



Columbus Housing Market July 2013




Columbus housing market July 2013

In this edition of the Columbus Housing Market July 2013, we see from Columbus Realtorsthat the housing market has been pretty white hot, and metro area sales set monthly records in July with an increase over 28%. July also featured the 3rd highest sales of any month on record.

I looked at the 21 major areas of Franklin County (11 urban, 10 suburban). Here is what the July market looked like.

Top 10 July Sales Totals
1. Columbus: 1,055
2. Dublin: 95
3. Upper Arlington: 91
4. Clintonville: 85
5. Westerville: 68
6. Grove City: 66
7. Hilliard: 60
8. Reynoldsburg: 46
9. Gahanna: 42
10. Pickerington: 38

Top 10 July Sales Increases Over July 2012
1. Minerva Park: +300.0%
2. German Village: +154.5%
3. Grove City: +83.3%
4. Reynoldsburg: +70.4%
5. Canal Winchester: +60.0%
6. Whitehall: +55.6%
7. Pataskala: +41.2%
8. Clintonville: +37.1%
9. Columbus: +35.8%
10. New Albany: +32.0%

Top 10 Total YTD Sales Through July
1. Columbus: 6,072
2. Dublin: 480
3. Upper Arlington: 447
4. Clintonville: 423
5. Westerville: 375
6. Grove City: 363
7. Hilliard: 338
8. Gahanna: 315
9. Reynoldsburg: 310
10. Pickerington: 203

Top 10 YTD Sales Increases Through over July 2012
1. Whitehall: +42.7%
2. Hilliard: +42.0%
3. Bexley: +38.7%
4. Reynoldsburg: +36.6%
5. Pataskala: +35.9%
6. German Village: +34.7%
7. Pickerington: +34.4%
8. Minerva Park: +31.3%
9. Clintonville: +31.0%
10. Westerville: +29.8%

Average Sales July 2013
Urban: 124.7
Suburban: 50.4
Urban without Columbus: 31.7

Average % Change July 2013 vs. July 2012
Urban: +48.3%
Suburban: +35.0%
Urban without Columbus: +54.0%

Average Sales YTD Through July
Urban: 699.1
Suburban: 283.4
Urban without Columbus: 161.8

Average % Change YTD vs. YTD 2012 (Through July)
Urban: +19.7%
Suburban: +28.2%
Urban without Columbus: +18.8%

Top 10 Average Sales Price
1. New Albany: $563,891
2. Upper Arlington: $389,264
3. Bexley: $370,056
4. Dublin: $350,545
5. Downtown: $329,266
6. German Village: $325,721
7. Worthington: $272,706
8. Grandview Heights: $254,470
9. Hilliard: $240,506
10. Westerville: $209,706

Top 10 Average Sales Price % Increases vs. July 2012
1. Upper Arlington: +22.3%
2. Hilliard: +18.7%
3. Grandview Heights: +13.1%
4. Downtown: +12.5%
5. Pickerington: +12.4%
6. Pataskala: +11.6%
7. Canal Winchester: +11.3%
8. Worthington: +7.5%
9. Dublin: +6.7%
10. Columbus: +6.5%

Top 10 Average Sales Price YTD
1. New Albany: $545,545
2. Upper Arlington: $355,993
3. Bexley: $347,920
4. Dublin: $333,285
5. German Village: $310,179
6. Downtown: $285,807
7. Worthington: $243,009
8. Grandview Heights: $219,100
9. Hilliard: $218,104
10. Gahanna: $202,527

Top 10 Average YTD Sales Price % Change vs. YTD 2012
1. Whitehall: +33.5%
2. Downtown: +18.6%
3. Gahanna: +13.8%
4. Minerva Park: +13.0%
5. Upper Arlington: +12.4%
6. Reynoldsburg: +9.9%
7. New Albany: +9.1%
8. Hilliard: +5.5%
9. Gahanna: 5.0%
10. Canal Winchester: +4.9%

Average Price July 2013
Urban: $230,605
Suburban: $236,871
Urban without Columbus: $239,388

Average Price % Change vs. July 2012
Urban: +1.8%
Suburban: +6.3%
Urban without Columbus: +1.3%

Average Price YTD
Urban: $214,207
Suburban: $223,511
Urban without Columbus: $223,053

Average Price % Change YTD vs. YTD 2012
Urban: +6.3%
Suburban: +5.0%
Urban without Columbus: +6.6%

Top 10 Fastest Selling Markets July 2013 (based on # of Days listings sell)
1. Grandview Heights: 9
2. Obetz: 9
3. Hilliard: 25
4. Worthington: 26
5. Upper Arlington: 29
6. Bexley: 31
7. Westerville: 38
8. Reynoldsburg: 40
9. New Albany: 42
10. Clintonville: 44

Top 10 Fastest Selling Markets YTD
1. Worthington: 36
2. Grandview Heights: 47
3. Upper Arlington: 47
4. Clintonville: 56
5. Westerville: 56
6. Hilliard: 58
7. Dublin: 59
8. New Albany: 60
9. Gahanna: 62
10. Pataskala: 62

Average # of Days before Sale, July 2013
Urban: 49.8
Suburban: 48.7
Urban without Columbus: 48.8

Average # of Days before Sale, YTD
Urban: 64.6
Suburban: 62.3
Urban without Columbus: 64.4

Top 10 Lowest Housing Supplies (based on # of months to sell all listings), July 2013
1. Worthington: 1.9
2. Grandview Heights: 2.4
3. Upper Arlington: 2.4
4. Clintonville: 2.5
5. Hilliard: 2.7
6. Westerville: 2.8
7. Dublin: 3.1
8. Bexley: 3.2
9. Gahanna: 3.6
10. Downtown: 4.0

Average # of Months to Sell All Listings
Urban: 3.7
Suburban: 4.2
Urban without Columbus: 3.6

Average % Change of Single-Family Home Sales, July 2013 vs. July 2012
Urban: +55.0%
Suburban: +33.4%
Urban without Columbus: +58.0%

Average % Change of Condo Sales, July 2013 vs. July 2012
Urban: +78.4%
Suburban: +89.0%
Urban without Columbus: +82.3%

Average % Change of Single-Family Home Sales YTD vs. YTD 2012
Urban: +14.4%
Suburban: +28.5%
Urban without Columbus: +13.0%

Average % Change of Condo Sales YTD vs. YTD 2012
Urban: +42.8%
Suburban: +32.7%
Urban without Columbus: +44.0%

Seems like most areas are doing fairly well, including the urban core. Of course, these number do not measure rentals, which is what is really booming right now in the residential scene.



May 2013 Jobs Data




May 2013 jobs data

The latest May 2013 jobs data is now out from the Bureau of Labor Statistics.

Columbus City
Unemployment Rate: 6.0%
Unemployment Rate Change since May 2012: +0
Unemployment Rate Change since January 2013: -0.8
Civilian Labor Force: 431,500
Civilian Labor Force Change since May 2012: +3,600
Civilian Labor Force Change since January 2013: +5,100
Employment: 405,500
Employment Change since May 2012: +3,400
Employment Change since January 2013: +8,200
Unemployment: 26,000
Unemployment Change since May 2012: +100
Unemployment Change since January 2013: -3,100

Franklin County
Unemployment Rate: 6.0%
Unemployment Rate Change since May 2012: +0
Unemployment Rate Change since January 2013: -0.8
Civilian Labor Force: 631,000
Civilian Labor Force Change since May 2012: +5,300
Civilian Labor Force Change since January 2013: +7,300
Employment: 593,100
Employment Change since May 2012: +5,100
Employment Change since January 2013: +12,100
Unemployment: 37,900
Unemployment Change since May 2012: +200
Unemployment Change since January 2013: -4,700

Columbus Metro Area
Unemployment Rate: 6.0%
Unemployment Rate Change since May 2012: +0.1
Unemployment Rate Change since January 2013: -1.0
Civilian Labor Force: 977,400
Civilian Labor Force Change since May 2012: +8,600
Civilian Labor Force Change since January 2013: +9,500
Employment: 919,100
Employment Change since May 2012: +7,800
Employment Change since January 2013: +18,600
Unemployment: 58,300
Unemployment Change since May 2012: +800
Unemployment Change since January 2013: -9,100

Ohio Overall
Unemployment Rate: 7.0%
Unemployment Rate Change since May 2012: -0.3
Unemployment Rate Change since January 2013 : +0
Civilian Labor Force: 5,750,000
Civilian Labor Force Change since May 2012: -5,000
Civilian Labor Force Change since January 2013: +10,000
Employment: 5,345,000
Employment Change since May 2012: +9,000
Employment Change since January 2013: +4,000
Unemployment: 405,000
Unemployment Change since May 2012: -15,000
Unemployment Change since January 2013: +6,000

Metro Non-Farm Jobs
Total: 966,900
Change from May 2012: +12,200
Change from January 2013: +23,300

By Industry
Mining/Logging/Construction Total: 30,600
Change from May 2012: +500
Change from January 2013: +3,700

Manufacturing Total: 66,600
Change from May 2012: +600
Change from January 2013: +1,600

Trade/Transportation/Utilities Total: 180,700
Change from May 2012: -1,200
Change from January 2013: -2,500

Information Total: 16,400
Change from May 2012: -200
Change from January 2013: -100

Financial Activities Total: 71,300
Change from May 2012: -200
Change from January 2013: -400

Professional and Business Services Total: 161,000
Change from May 2012: +1,100
Change from January 2013: +5,400

Education and Health Services Total: 142,600
Change from May 2012: +4,500
Change from January 2013: +3,100

Leisure and Hospitality Total: 99,700
Change from May 2012: +4,900
Change from January 2013: +11,200

Other Services Total: 35,800
Change from May 2012: -600
Change from January 2013: -400

Government Total: 162,200
Change from May 2012: -200
Change from January 2013: +1,700



The Scioto Peninsula Reborn




The Scioto Peninsula reborn

The Scioto Peninsula looking east.

The history of the Scioto Peninsula is much the same as the Franklinton neighborhood it resides in. Since Franklinton’s founding in 1797 (Columbus’ oldest neighborhood and predates Columbus itself by 15 years), it did not take long to figure out the area’s one major flaw: Floods. Essentially built upon a river flood plain, Franklinton flooded several times during the 19th century, but the most devastating came in 1913 and 1959. The 1913 flood, Ohio’s deadliest and most widespread natural disaster, inundated Franklinton with up to 20 feet of water in places, and the neighborhood flooded all the way back to where present-day I-70 cuts through the far western border. Franklinton suffered massive damage, and over 100 people died along the Scioto in Columbus. The flood in 1959 was less severe, thanks to flood protections put into place after 1913, but one consequence of this flood was that new construction and most renovation was all but prohibited due to the flood risk. This helped to stagnate the entire neighborhood, and combined with the urban decline for the next several decades, Franklinton gradually fell into disrepair. The Scioto Peninsula, the far eastern section of the neighborhood just across from Downtown, was always the hardest hit by flooding. As such, the 56-acre peninsula gradually became a manufacturing and warehouse site, although a few thousand people did live there in low-income housing projects. Central High School also helped to maintain a residential presence.

As manufacturing declined and more people left the urban core, the warehouses and businesses closed shop. Many were bulldozed into vacant lots. Central High was closed as a school in the early 1980s. By the mid-1990s, the area was largely empty except for Veteran’s Memorial and a handful of housing developments and businesses. Plans were in the works to help bring Franklinton back, however, and construction of the Franklinton Floodwall began at this time. This construction helped encourage COSI to move into Central High, renovating and expanding the old building in exhibit and museum space. Most of the rest of the peninsula became surface parking. In 2004, with the completion of the floodwall, building restrictions were finally lifted, but for several years, little happened. The stigma of a neighborhood in decline kept development interests away.

In 2010, Columbus came out with a list of 12 projects it wanted to accomplish in the downtown area. Some of them have come to pass, such as the renovation of the riverfront with Scioto Mile and the redevelopment of City Center into Columbus Commons. Another one of these projects was the redevelopment of the Scioto Peninsula. The city saw an opportunity in so much empty land so close to Downtown, especially coinciding with the emerging back-to-the-city movement. This prime real estate was ripe. The city began planning of this project early in 2012, as East Franklinton itself began to emerge as an artist destination. The Short North has, more or less, reached the final stage of gentrification. It’s become upscale, attracting high end retail and residential, as the number of art galleries has gradually declined due to rising rents. Franklinton has proven to be an attractive alternative, with such live-work projects as 400 Rich, which grew rapidly in its first year. Residential projects are now in the works, as well as more artist space, warehouse conversions and new bars and restaurants.

General plan for the Peninsula.

A few months back, details of the Peninsula’s redevelopment plan began to trickle out, but the official announcement finally came yesterday. Here is what we now know of the plan:

1. Veterans Memorial, built in 1955 and expanded/renovated a few times over the years, will be torn down and replaced with a new Vets. This new Vets will be of modern design, spiral in shape with glass walls and a rooftop, outdoor amphitheater. Inside will be an Ohio military museum, along with meeting and event space. Estimated costs run around $50 million.
Old Vets Memorial


New Veterans Memorial



2. Southwest of COSI, the Columbus Zoo will build a $50+ million, 50,000 square foot zoo extension. The building will include an aquarium, rainforest, outdoor zoo-themed playground and other exhibits.

3. Where the current COSI parking lots are, a large underground parking garage will be constructed to serve the 3 attractions. Once complete, the garage will be covered by a large central park.
4. While not yet designed and weren’t talked about yesterday, previous details have included elevated walkways connecting all 3 buildings across the peninsula.
5. Between Bell Street and the railroad tracts that run along the western border of the peninsula, a mix of low, mid and high-rise mixed-use buildings will go in. Ground floor retail will line streets while upper floors will be mostly residential. Between 1,000 and 1,200 residential units are planned, but private interests could easily include more given the very high demand for urban residential and the fantastic location with views of Downtown and the river. Estimated costs exceed $100 million.
6. Not included specifically in the peninsula plan, but surely also impacting it, will be the Scioto River itself. Another one of the 12 projects is the removal of low-head dams through Downtown. This will lower the river level through Downtown, creating 33 acres of new land that will be landscaped into park space. Bike paths and walkways will also be constructed on this new land. The river itself will run faster, cleaner and open up more potential recreational uses. This project is set to begin this fall and complete in 2015. Estimated costs for the project are around $25 million.

The Riverfront after reconstruction.

The Riverfront now.

7. After the completion of the river restoration project, another one of the 12 ideas should begin. That will be the construction of a signature pedestrian bridge connecting North Bank Park in the Arena District with the Scioto Peninsula near the new Vets. There are no cost estimates at this time.

So given all this, the Scioto River and the Scioto Peninsula are looking at several hundred million in investment and development over the next several years. This will radically change the riverfront, and has the potential to jumpstart Franklinton, especially eastern parts, in ways not seen in many decades.

Much more about local development can be found here:
Development Under Construction
Proposed Development