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COLUMBUS, OHIO — With its handsome brick exterior, curved entry and copper awnings, Avenue One, a new luxury 24-unit condominium building, captures the vintage character of Harrison West while offering a contemporary lifestyle choice for urban dwellers. The development, at 431 West First Avenue, features loft style one-bedroom units starting at under $200,000.
“Avenue One is the quintessential urban residence that offers modern, urban living in a classic turn-of-the-century neighborhood,” says Chip Santer, president of Santer Communities. “We expect to draw buyers attracted to downtown living, but who also want to live in a real neighborhood with a broad mix of 19th-century homes, multi-family dwellings and offices as well as restaurants, shops and entertainment.” Avenue One is in walking distance to the Short North, Arena District, Downtown and OSU.
Website: http://www.avenueonelofts.com
Monday, August 07, 2006
Mike Pramik
THE COLUMBUS DISPATCH
Despite a strong supply of condominiums being built in and near Downtown, price is a roadblock for many would-be owners. Developer Chip Santer said he designed his 24-unit Avenue One project in Harrison West for people who are seeking lower prices even if it means less space.
Santer took the bold step of making all the condos at Avenue One one-bedroom units. The flats range from 890 to 1,258 square feet and are priced from $179,900 to $289,900.
“The prices on condos in the Downtown and Victorian Village markets are extremely high,” Santer said. “There are not a lot of opportunities in this price point, but there is a market need. Our team developed a handsome way to address it.”
Avenue One is a three-story building that is going up on a grassy lot at 431 W. 1 st Ave. It will feature a rooftop deck and a secured, 24-space parking garage on the first floor.
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200 bucks a square foot is getting high for not ACTUALLY being downtown, just close. When you add in condo fees, most of these places are going for much more than that (200-400 a month).
I’m feeling like that kid who saved his paper route money to buy an Atari 2600 for 200 bucks (which I did)…give it time, they’ll go WAY down.
I don’t really understand the spin this article has on Avenue One. They don’t really appear to be priced that much lower than MANY of the downtown projects. Places like Lofts at 106, Sixty Spring, The Hartman, Connexions, Sterling Lofts, Battleship Bldg., Victorian Gate and The Waterford all have units in this range. They are similar square footage too.
Oh well. Maybe this article will get more people to think that this is a reasonable price, so long as you’re willing to sacrifice a few hundred square feet from a comparable suburban development. Then, once they’ve opened thier eyes, they can compare the prices to the downtown prices which are nearly identical.
Agreed. The only numbers I remember are $200k for 1000sqf, $300k for 1500sqf. So this seems right in line with other downtown places.
The biggest benefit I see is that these owners won’t be asked THE #1 question posed to downtown inhabitants: “Just where do you go grocery shopping??!!”
This is the most rediculous question I get asked. Personally, I walk across the street to the new Kroger. I can make it from my front door, get a half gallon of milk, go through the U-scan, and be back in my kitchen in 7 minutes all without burning a drop of gasoline. How many suburbanites can say that!!!
In addition, every residence downtown is within a 5 minute drive of either 1) the BD Kroger, 2) the Giant Eagle on Neil or 3) the GV Giant Eagle. How many suburbanites can even say that?!?!?!
In addition, every residence downtown is within a 5 minute drive of either 1) the BD Kroger, 2) the Giant Eagle on Neil or 3) the GV Giant Eagle. How many suburbanites can even say that?!?!?!
Well… those 3 specifically none of course, but if you mean that close to any large grocery store (Kroger, Giant Eagle, Meijer or Super Wal-Mart), then I’d say “most”. There are grocery stores and big box stores all OVER the burbs. Can most people walk to one? Absolutely not! But a 5 minute drive? Definitely.
And this is where my ignorance of downtown living comes in, and please correct me if I’m wrong, but from how I *think* things work in the larger condo high rises and such, by the time someone living in one of those buildings got TO their car and got it out on the street, those folks with houses & attached garages would already be well underway making the total “trip” time much closer, if not the same.
Now when there are MORE grocery stores (or smaller yet decently stocked markets) in the downtown area as the growing number of residents pulls more of that type ofcommerce back in… well then downtown and foot traffic definitely wins out.
That’s how places typically work, but the drive time is probably 3-4 minutes, while the “take the elevator and walk over to your car time” is 1-2 minutes.
I’m not sure how the market could support any more without eliminating one. 3 full service grocery stores and one market within a one mile radius is pretty stout. I know that the Whole Foods chain was looking to move in next door to the North Market, but my guess is that something would have to give.
I know how! Add more people! With the growing downtown population we will sooner or later see a need for more grocery stores and every other type of store.
I think the number I saw was 10,000 people to support a full service grocery store. Since BD/GV and Short North/VV are already taken of, I think you’d need that many people in Downtown Proper. We’ve got a long way to go.
Of course, a streetcar line could change all of that.
They’re supposed to finish in Sept., so I hope I have a chance to mention just how important it is that OSU with it’s huge student population needs to be a part of the first and most important route if we want future extensions. I can’t believe they’re even thinking about leaving that out. If there needs to be a trade off because of length just have it go down to the Kroger in the BD instead of Schiller. And they better spread out the stops more than Portland which has a smaller downtown, otherwise it will be too time consuming.
Thanks for reminding me to send them an email (streetcars@downtowncolumbus.com). I agree that it would be a folly to leave out the 60,000 students (many without cars), as well as South Campus Gateway. On the other hand, Schiller (and the rest of GV) is great to have on the line though. There’s a decent amount of density there, and it would provide conventioneers with an opportunity to see some of Columbus’ culture. Perhaps the southern loop could be made at Sycamore without sacrificing too much.
Going to be more and more without cars — effective last year freshmen living on campus weren’t allowed to bring a car AT ALL. (Well, “at all” in the university sense – there was of course some appeals/exception process) — it worked very well for them and they’re continuing the policy next year as well. So that’s a LOT of folks living on campus who aren’t ALLOWED to have their own transportation looking for good ways to get away from campus and enjoy other forms of entertainment/shopping/etc.