22 Acre Development West of Arena District
Business First of Columbus wrote Plaza Properties requesting state money for housing near Arena District
Friday, May 23, 2008
by Brian R. Ball
Plans for a residential community west of the Arena District in Columbus could get a boost if Plaza Properties Inc. lands a state grant to offset the cost of cleaning the former industrial site.
The Columbus-based developer plans to seek $750,000 from the Clean Ohio Assistance Fund to help clean up a 7.7-acre portion of the 22-acre site where the Union Fork and Hoe Co. and Jaeger Machine Co. had manufacturing operations.
Plaza Properties plans to build 243 housing units on about 4 acres in the first phase of development that could get under way as early as 2010. The first section, expected to cost about $36 million, will include about 15,000 square feet for retailers. The developer sees having as many as 1,000 housing units on the site.