Four projects key to Franklinton rebirth
Coleman plan announced this week will boost COSI neighbors
Friday, February 25, 2011 02:49 AM
BY DOUG CARUSO
When the Franklinton contingent at the State of the City address erupted into applause Wednesday night, some of it came from genuine surprise.
Mayor Michael B. Coleman had just announced that Columbus would back the redevelopment of the neighborhood with $900,000 to buy a warehouse on State Street. It will allow the Franklinton Development Association to turn the warehouse into 42 condominiums, with studio workspace for artists and other creative types.
Even Jim Sweeney, executive director of the development association, said yesterday that he hadn't been 100percent sure that Coleman would make the commitment.
The warehouse, at 435 W. State St., is now owned by the AD Farrow Co., a Harley-Davidson motorcycle dealer. With the city's help, Sweeney said, the nonprofit Franklinton Development Association will exercise its option to buy it and start renovating it with an eye toward selling the first units in late 2012 or early 2013.