March 17, 2006

So Much New News about new Developments

Today's edition of Business First was chock full of newish condo news.
First there was a piece about Larry Ruben and his Plaza Properties company which is doing Bexley Gateway, the Yukon Building, and the Hartman Building.
The Victorian Village commission is apparently reviewing a plan for 86 units-- a mixture of townhomes, flats, duplexes and penthouses. This may be called Starr Avenue Condos and would be built in a current parking lot formerly used by Doctor's Hospital. It'd be an estimated $30 million deal.
Even bigger though is the idea of a 1,000 home neighborhood rising from the Jaeger Commerce Park -- nestled between Spring Street (US 33) the Railroad Tracks, Scioto and 670 -- all just west of The Buggyworks Buildings and at the end of Nationwide Boulevard.
That'd really be something. And within a stones throw of the new Clippers Stadium, Huntington Park.
Secondly, the front page of Section A had an article in the Shop Talk Column regarding the acquisition of six parcels on Long street just East of fourth by a partnership called Gay Street Condominium LLC, it's about an acre.
The same article mentioned plans for the former Kaiser Machine Works building, directly South of Waterford tower, to be turned into six townhomes and four loft condos by the developer of Carlyles Watch, Tom Fortin and his Urban Loft Ventures. This goes before the Downtown Commission next week.
That's one week, four potential projects and potentially over 1200 new housing units in and around downtown Columbus. The condo boom is for real. Downtown Columbus, by sheer force of will and market demand, is becoming THE place to live in central Ohio. Retailers, grocers and entrepreneurs please take note!

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