Construction Begins Today on New Seven-Story Mixed-Use Building on Lane Avenue
The stretch of Lane Avenue near The Ohio State University will continue to grow a little taller today, as a groundbreaking ceremony takes place to kick off the construction of a new seven-story mixed-use apartment building at the intersection of Lane and Tuttle Park Place.
The new building, being developed by 4 Points Development, was approved back in February after several months of commission review and planning refinement. It is replacing a single-story leasing office building that has already been demolished.
Once constructed, the 75,000 square-foot building will contain 3,000 square feet of ground floor retail, 3,000 square feet of second-floor office space, and 43 apartments containing 90 beds on floors three through seven. The building will also include 80 parking spaces spread across the ground-floor and basement level.
The building is the latest in a series of new structures along the northern edge of the OSU campus, which is rapidly transforming the look and feel of the University District. Nearby work will also likely start soon on a new five-story building at Lane & High, as well as the five-story View on Pavey Square development just north of Lane Avenue.
Lynn Wackerly, Director of Development at 4 Points Development, stated that following today’s groundbreaking, the new building at Lane and Tuttle Park is expected to see completion in January 2018.
For more information, visit www.4ptsdev.com.