Demand Strong For New Columbus Commons Apartments
Demand for apartments in the Highpoint on Columbus Commons development has been strong, particularly for units with balconies that face the park. According to Village Green, the property management firm handling leasing, they’ve received nearly 200 inquiries a month since construction began, and more than 80 percent of pre-leased renters have chosen a park-facing unit. They are currently working their way through a backlog of inquiries to set up appointments with prospective renters.
Kristi Fickert, Senior Marketing Director at Village Green, notes that they’ve seen interest in all apartment types, which range from studios to two-bedroom townhouses. She credits the Downtown location as well as the adjacent park, and notes that the demand here has been reminiscent of what they saw at The Banks in Downtown Cincinnati, another project that features close proximity to a new urban park. Both The Banks and Highpoint on Columbus Commons are projects by Atlanta-based developer Carter.
“Absolutely a similar response… we were just amazed at the response to the Banks,” said Fickert, noting that it was completely leased in four months, while most projects they work on take a year or more to lease. There is currently a waiting list for apartments at the Banks, which has maintained a 100% occupancy since opening in 2011.
The first units in the Highpoint are projected to be available by the end of October, with the goal of finishing up construction on the whole project by early 2014.
More information is available at www.highpointcolumbus.com.
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Interior renderings provided by Carter. Construction Photos by Walker Evans.