The busy Italian Village stretch of N. 4th Street is having a moment, with new homes, shops and restaurants - and new highs in real-estate values.
For decades, 4th Street north of Downtown ran through a patchy stretch of empty lots, vacant warehouses and neglected residences — sights to quickly pass on the way out of the city.
Today, that stretch just may be the hottest hipster haven in town.
From Interstate 670 to 5th Avenue, the once-blighted Italian Village street is filled with $600,000 condominiums, breweries, coffee shops, apartments, fitness centers and restaurants, with many more on the way.
“I see this becoming another Third Street in German Village,” said Joe Armeni, who has been buying, renovating and developing property in the area since the the 1980s. “I think it’s going to happen within the next three years, that it fills in and really hits its stride.”
More pictures in the article linked below:
Source:
https://www.dispatch.com/business/20...-hipster-haven
Mixed-Use Development Proposed for West Fifth Avenue
Preliminary plans for a mixed-use development on the former Fifth Avenue Elementary site in Dennison Place have been presented to the zoning committee of the University Area Commission (UAC).
The development was also the subject of a neighborhood meeting in September, in which residents provided some initial feedback on the proposal to the developer, Upper Arlington-based Vision Development.
Millennial Tower, now at 28 stories, still expected to rise in RiverSouth
What's likely to be the highest-profile project in the burgeoning RiverSouth neighborhood is still a go, developers say, despite two and half years passing since Millennial Tower was first proposed.
“We are actively proceeding with the project, as there is significant market demand for a mixed-use project of this magnitude," Arshot Investment Corp. Principal Bill Schottenstein said in an email. "Columbus is moving beyond the outdated classical commercial building model and towards spaces that promote connectivity and community engagement."
The design of the proposed 750,000-square-foot tower was approved by the Downtown Commission in January.
Source:
https://www.bizjournals.com/columbus...-expected.html
Brunner Building opens in Short North, with $4,000 penthouses
One of the Short North’s newest apartment complexes rents some of the most expensive penthouses in the city.
The Brunner Building, at 936 N. High St., rents three 1,350-square-foot penthouses for $4,000 a month, making it one of at least three new Columbus apartment buildings to top out at $4,000 or more.
People “can move from their shoebox in Manhattan to a unit like this for relatively the same price,” said Tyler Puhl, leasing manager of the developer, Wood Cos.
Rent starts at $1,750 for the building’s 33 apartments, which range from 876 to 1,350 square feet. The first residents moved into the six-story, $15 million mixed-use project in August.
So far, about half of the residents are from outside Columbus.
Source:
https://www.dispatch.com/news/201811...000-penthouses
Valencia on High opens this weekend in Short North
The Short North’s latest apartment complex comes with a Spanish touch.
Valencia on High, offering 35 small one-bedroom apartments starting under $1,000 a month, includes terra cotta paneling, a nod to rooftops in Valencia, Spain.
“I don’t think there are a whole lot of buildings in central Ohio that have this type of outside with the terra cotta,” said Adam Trautner, vice president of Stonehenge Company, the developer of the $7.5 million, six-story project at North High Street and 3rd Avenue.
Valencia apartments range from 538 square feet to 668 square feet and rent from $995 to $1,650. The first tenants will move in this weekend.
Source:
https://www.dispatch.com/news/201810...in-short-north
Easton Town Center Announces $500 Million Expansion
Easton Town Center unveiled plans today for a 16-acre expansion that will include multiple blocks of new retail and restaurant storefronts, a 136-room Aloft Hotel, office space, additional parking, and a new outdoor plaza.
Also planned as part of the $500 million project are new residential units and a three-story, 40,000-square-foot RH Gallery that is being touted as the anchor for the new expansion.
“RH Gallery is an extraordinary concept and we’re so pleased it will anchor this important next step in the evolution of Easton Town Center,” said Jennifer Peterson of Easton Town Center in a statement. “It is a one-of-a-kind experience and a complete immersion into the RH brand. With the next closest RH Galleries located in Chicago and Nashville, we are confident this will be a strong draw for customers from throughout the region.”
Source:
https://www.columbusunderground.com/...-expansion-bw1
OSU Arts District and 15th and High projects
Sources:
Arts District -
https://www.columbusunderground.com/...s-district-bw1
15th & High -
https://www.columbusunderground.com/...h-and-high-bw1
Franklinton Updates
Source:
https://www.bizjournals.com/columbus...046&j=85098971