Crane Watch: September brought more redevelopment to the Near East Side

Crane Watch: September brought more redevelopment to the Near East Side

Our Crane Watch map is freshly updated, complete with details about a handful of unusual projects.

Among those: a $160 million “motor sports” country club near West Jefferson.

Other highlights from the past few weeks in commercial real estate include a trio of golf course sales in Lancaster: one will remain a golf course, one will be turned into lots for luxury custom-built homes and the plans for the third course are not yet known.

Within the city of Columbus, several hotspots for redevelopment emerged over the past month. Development in the Near East Side of Columbus has taken off. There are currently seven projects ongoing there and proposed there, according to our Crane Watch map.

You can see it all on the map below:

A few areas of Columbus have been particularly active this month. Check out the highlights:

Near East Side

  • Local developer OBrien Company LLC wants to build 17 market-rate units, each one-bedroom unit spanning 630 square feet, in a new project planned for 1218-1222 E. Long St. There will also be about 900 square feet of commercial space on the first floor, which the developer hopes to fill with a local coffee shop or local restaurant. The retail space will also have a patio on Long Street.
  • A Near East Side church and the Kelley Cos. broke ground on a new $14 million apartment building at 723 Mount Vernon Ave. This development will consist of two apartment buildings, one directly across from Shiloh Baptist Church and one next door. More than half of the units are reserved for renters who earn 80% of the area median income. The apartment building across the street from the church will have 51 one- and two-bedroom units. The second building will have 31 one- and two-bedroom units. There will be surface lot parking behind both buildings, which are slated to be completed in December 2022.
  • Kelley Cos. also is partnering with developer Otto Beatty III and the Ohio Baptist General Convention on the redevelopment of the convention’s historic headquarters into 36 apartment units at 48 Parkwood Ave. These apartments will be workforce housing, capped at 60% to 80% AMI. This project is a $7 million investment and will be completed in the first half of next year.

Italian Village and Weinland Park

  • Columbus developers Lykens Cos. and Homestead Cos. will break ground on their Italian Village-area apartment development called the Lusso at the end of this year. The development will be broken into two sites, a north and a south site. The north site will have 287 units and the south site will have 135 with the first units likely being available in late spring of 2023. There will be a two-story amenity building with a pool and elevated park. The park will be a private amenity for residents only.
  • Kevin Lykens also recently announced his plans to bring new life to the old Mid-America Beer Barn store. The four-story development he wants to build at 200 E. 5th Ave. on the corner of 4th Street and 5th Avenue will have four dozen apartment units and space for two restaurants on the ground floor, one at 3,500 square feet and one at 1,000.

Franklinton

  • The development team behind River and Rich is sharing new details about the latest vision for project’s second phase. The next section of the development is set to include two buildings buildings with 234 apartments, 224 parking spaces and 7,500 square feet of commercial space total.