January 2014 Review



January 2014 review

This kind of post seems obligatory at this time of year. I thought about making just one big post, but there was so much that happened this year that I decided to break it up by month. This won’t include every single piece of news, of course, but rather just the highlights. First up is the January 2014 review.

Development
-The Columbus Zoo began to push for a permanent levy to help pay for upgrades at its existing facility, as well as for adding a new expansion attraction at the Scioto Peninsula Downtown http://www.dispatch.com/content/stories/local/2014/01/09/zoo-wants-vote-on-bigger-permanent-property-tax.html
-Redevelopment of the Barrett Middle School site in Merion Village began to make news. http://www.dispatch.com/content/stories/home_and_garden/2014/01/12/caughtmiddle.html The project should begin sometime this spring, though the exact number of residential units and layout has changed some.
-Columbus adopted Complete Streets. http://www.columbusunderground.com/new-complete-streets-thoroughfare-plan-could-have-big-impact-bw1 This set of standards guides the development of the street layout and design throughout the city. This includes including multi-use and bike paths, as well as better signaling and access for pedestrians.
-A new 40-unit apartment complex was proposed for 122 Parsons Avenue in Olde Towne East. However, very little news has been heard about this project since, as it may be waiting for work on the Parsons section of the 70/71 rebuild to move along first. http://www.columbusunderground.com/forums/topic/new-ote-apartment-complex-proposal-parsons-gustavus-OSU announced plans to renovate several buildings in order to create a sort-of tech campus that partnered with IBM’s new analytics center in Dublin. http://www.bizjournals.com/columbus/news/2014/01/23/osu-in-line-for-53m-from-state.html
-And on the West Side, the huge apartment complex off Georgesville Road once known as Lincoln Park West, was announced to get a major makeover, with the demolition of a few hundred units while the rest would get a high-end renovation. This complex had long been very run down and the site of tragic arson fires, crime and high vacancy. http://www.bizjournals.com/columbus/blog/2014/01/204-apartments-at-former-lincoln-park.html

Economy/Other
-Columbus was named one of the nation’s top Opportunity Cities. http://finance.yahoo.com/news/america-s-new-opportunity-cities-222209099.html
-Columbus was named one of the top 7 Intelligent Communities in the world. http://www.columbusunderground.com/forums/topic/top7-intelligent-communities-of-2014-aka-were-smart-again
-Columbus was predicted to have one of the nation’s best economic performances of 2014. http://blogs.wsj.com/economics/2014/01/22/cities-face-a-good-but-not-great-economic-outlook-for-2014/ The numbers won’t be out for a few months on how the city/metro actually performed, however.
-A study came out detailing how future growth in Columbus would radically alter where people lived and in what type of home and environment they lived. The consensus? Young and urban. http://switchboard.nrdc.org/blogs/dlovaas/discovering_a_new_housing_futu.html
-The unemployment rate rose to 6% in January from December 2013, as it usually rises after seasonal employees are laid off. However, this was 1.1 percentage points lower than the previous January.

Weather
January 2014 continued what December 2013 had started. Snowfall was nearly 2x above normal and temperatures were almost 7 degrees below normal. The month tied for the 15th coldest January and the 16th snowiest. The coldest low was -11 and the low hit 0 or below 7 times, the most since 1994. The biggest snow event occurred on the 25th-26th with 8.3″. This was the 10th largest January snowstorm of all time. Snow depth reached at least 1″ on 19 days.



2013 Census Tract Estimates



The Census released updated 2013 census tract estimates, and they showed some interesting things. There are 285 census tracts that make up Franklin County.

First, let’s take a look at the Franklin County trends 2000-2013.
2013 census tract estimates

In regards to the above map, it’s a mix of both the 2013 official estimates and some that I did. For example, the official estimates had the Downtown tracts 30 and 40 losing population, as well as most of the Short North. That’s rather absurd considering the level of residential construction in these areas, as well as population estimates the city has done in the last few years for Downtown. In fact, the 2013 official estimates have Downtown tract population BELOW 2010. That’s just not the reality. So I looked over the tracts and adjusted them according to their long-term growth/decline trends. Most of them I left alone, but some adjustments had to be made. However, I was very conservative with any changes, and several tracts that the official estimates showed gains, I actually had losses.

Here are all the tracts that grew by at least 300 people between 2010 and 2013 in Franklin County, as well as their locations.
Blacklick #7395: +1,609
Dublin #6230: +1,214
Columbus-West Side #7951: +1,002
Columbus-Northwest #6372: +966
Columbus Northeast #6931: +963
Hilliard #7921: +955
Columbus-East Side #9361: +952
Columbus-West Side #8350: +951
Columbus-Northwest: #6384: +949
Dublin #6220: +933
Columbus-West Side #8141: +921
Columbus-Easton #7551: +793
Columbus-Southeast #9373: +749
Hilliard #7933: +688
Minerva Park #7112: +675
Columbus-South Side #8340: +652
Hilliard #7954: +643
Columbus North Side #7044: +636
Columbus Northeast #7132: +615
Columbus Northwest #6396: +557
Dublin #6386: +549
Columbus North Side #6921: +540
Columbus Northwest #6393: +492
Columbus-West Side: +489
Gahanna #7492: +473
New Albany #7209: +472
Columbus-Hilltop #8321: +466
Columbus-Southeast #9374: +455
Grove City #9740: +441
Columbus Northeast #6945: +438
Hillard #7931: +432
Columbus-West Side #7812: +427
Columbus-South Side #9590: +411
Columbus-South Side #8710: +407
Hilliard #10602: +407
Columbus-South Side #8822: +403
Whitehall #9230: +398
Columbus-West Side #8163: +397
Columbus-East Side #9362: +389
Columbus-Downtown #30: +387
Hilliard #7953: +382
Columbus-West Side #6330: +371
Columbus-Northwest #6387: +361
Columbus-East Side #9322: +352
Columbus-South Side #8825: +349
Columbus-Southwest #8161: +346
West Side-Marble Cliff #43: +345
Columbus-Southwest #8370: +340
Grandview #85: +332
Columbus-Downtown #40: +321
Hilliard #7922: +320
Dublin #6371: +312
Grove City #9751: +304
Columbus-Campus Area #13: +303

As far as the core of the city, the 1950 boundaries, here are the results.

There are 78 tracts that make up the original 1950 city boundary. Using the official estimates, 38 of the 78 tracts grew between 2010-2013, yet had a total loss of 3,229. However, again, it had all the Downtown and adjacent tracts inexplicably losing population, yet the opposite is occurring in these areas. For Downtown, the combined loss was about 370, and for the Short North, it had the loss at more than 700.

Using my adjusted estimates, 35 tracts are growing, adding 1,166 people 2010-2013. Most of the gains were made in the Downtown and adjacent tracts, and some of the losses were simply not as steep. For example, the official estimates had tract #10, in the Campus area, losing nearly 1,300 people since 2010, which is a ridiculous loss, especially considering it grew by almost 8% 2000-2010. In fact, most of the largest losses from the official estimates were around Campus and the Short North. Nonsense.

Cool Link The Geography of Jobs



This link shows a time lapse of metros across the US from 1999 to 2014 and how total jobs changed over the months and years. You can click on a metro for more individual details.

http://tipstrategies.com/geography-of-jobs/

1913 Hailstorm



1913 hailstorm

Date: July 9, 1913
Event Type: Weather

A severe 1913 hailstorm hit parts of the South Side on that Wednesday afternoon. In an issue of The Democratic Banner out of Mt. Vernon, the headline on July 11th read “Streets Covered with Ice Boulders: Destruction Wrought by Hail Storm at Columbus.”

The article went on:
This city was visited by probably the most disastrous hailstorm in its history. The damage to crops and buildings in this immediate vicinity is estimated conservatively at $125,000. (About $3.1 million today).
South Side florists alone report losses of approximately $50,000. In hundreds of houses practically every window was broken. The ground on the South Side was covered by a thick layer of “ice boulders” for an hour or two afterwards. As a midsummer phenomenon it probably was without a parallel in this state.

Accompanied by 45 mph winds, the hail that fell was reported to be about 3″ in diameter. The hail was large enough to hit and fracture the wrist of J.W. Sprouse, a teamster, and shattered glass from a greenhouse was driven through the arm of William Bernard, a florist.

Housing Market Update August 2014



For this update, I’m going to do things a bit differently. In previous updates, I have done long ranking lists and it got to be a bit overwhelming. So starting with this update, I’m going to do more charts instead.

In any case, August continued the year-long trend of home sales being down, with the month coming in at more than 11% off from the same time last year. Prices, however, were up more than 6% to reach a monthly record. There continues to be a supply problem, which is the main mechanism driving both lower sales and higher prices.

Now on to the charts!
Housing market update August 2014