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Nine new housing units in the King Lincoln District will be completed as the NoBo on Long development celebrates with a ribbon cutting on Tuesday, October 11 at 1:30pm. The new condos were developed by Homeport, formerly the Columbus Housing Partnership (CHP) and offer an affordable option for home buyers interested in this up and coming East Side neighborhood.
NoBo on Long serves both as an anchor and a gateway to additional neighborhood development on 21st Street. Homeport has invested in dozens of historic renovations and new builds over the past few years along this street, with plans for similar work on 20th Street. They have community infrastructure in place for those interested in owning one of these condos. There is the Mt. Vernon AME Community Vegetable Garden that owners will be encouraged to be a part of and they have already set up a blockwatch. Project manager David Reierson said getting residents involved in the fabric of the neighborhood is one of Homeport’s main goals of neighborhood building.
The available units range in price from $110,000 (one bedroom new builds) to $160,000 (units in the rehabbed building) and range in size from 925 sqft 1 bedroom units to 1,800 sqft 2 bedroom units. All condos include individual indoor garage spaces as well as balcony and patio areas.
The kitchen and hallway below are rooms in the rehabbed home. The historic rehab was the basis of the project.
“The buildings are expensive to renovate but it is worth it because everybody loves it,” shared Reierson.
This building needed completely tuckpointed, new roof construction, reinforcements, among other things. Because the project used NSP Funds, the remodel had to be done to a specific spec, including high grade insulation and high energy efficient appliances. Some of the interior brick had to be covered as a result of that, but the end result is still beautiful.
Interested buyers in this project may be able to qualify for a special mortgage through Huntington. They are offering a 30 year fixed mortgage with no PMI, a 3% down payment (some may qualify for down payment assistence), and will accept credit scores of 580 or above. The new properties have a 15 year tax abatement and the rehab has a 10 year. Condo fees will be structured based on square footage – the smaller units fees’ being around $100/month.
More information can be found online at www.northofbroad.com. The ribbon cutting will be on Tuesday, October 11, 2011 at 1:30pm.
I love this project. The only detractor is how remote it feels and the sense that it is pretty car dependent. I am sure this will not bother many people who are used to the burbs and want to get closer to downtown in an urban environment.
I think you can get a lot for your money here if you are not interested in rehabbing and want a shiny new home.
these look super nice and at that price point I dont see how you could lose money on purchasing one of these
cc – I think the “remoteness” is more of a feeling than a reality, and that will continue to dissipate with more development in the area. Long & 21st is 1.7 miles from Broad & High, which is the same distance from Broad & High to 3rd & High (Bodega). But of course, the trek to East Long Street goes through the parking lot wastelands of Downtown, and there’s not nearly as much retail excitement in the KLD yet.
For anyone with a car or bike or bus pass though (which is most everybody), you’re very well connected to the central city in this location.
Yeah, it is only a feeling of remoteness due to the lack of stuff at hand. That hopefully will improve over time. It is a bit off the beaten track - so you have to buy better beer to get your friends to come over. ;)
One of the bright spots nearby is the Olde Towne East retail/restaurants. This development is only a 10 min walk to the Angry Baker and Yellow Brick!
Yeah, and only a 7 minute walk to Creole Kitchen! ;)
It’s a great project. These will sell fast!
If you are looking to buy a condo in the area, I don’t think you could go wrong with these.
Condo fees are not $100. They range from $163 – $210 depending on what size one you get. They lie and say $100 and then they tell you those over budget sheets are just an overestimate. NoBo doesn’t even have a pool or a clubhouse and still charge double the condo fees than a Lifestyle Community. Those condo fees are paying NoBo’s directors bonus checks. Great condos, but the affordability part comes into hand when condo fees take into affect. Very disappointed!