Posted Jun 6, 2019, 6:17 AM
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Join Date: Jan 2009
Location: Chicago, IL —-Austin, TX
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https://www.bizjournals.com/columbus...fied-with.html
* April 4th, 2019
Quote:
"Though quiet for months, the 35-story North Market Tower plan remains on the table. First announced in 2017, the more than $100 million project would redevelop the parking lot into a mixed-use high rise that would include expanded market space, public space and additional parking.
The North Market Development Authority and developers Wood Cos./Schiff Capital Group are hammering out details of their relationship before the project moves forward. “We have one chance to get this right,” Wolfe said.The market’s priorities remain the same as when the plans first were announced.
They include a long-term financially sustainable structure to support the market, ensuring the tower fits with the existing historic building, and the ability to expand market services and operations. “It’s a complicated project at a crucial point with us and the developers and the city. It has to work for all of us,” Wolfe said. Michael Schiff, president of Schiff Capital, said he anticipates news soon on the project and remains positive about its progression.
The city of Columbus, which owns the land and is the market’s landlord, has taken a step back at this point. They need to take the time to go through and figure out what’s important,” said Columbus Economic Development Director Steve Schoeny. “We support a vibrant, viable North Market. This is important enough to be patient about.”
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