Development Roundup: June 2020 Edition
The latest installment of our ongoing Development Roundup series features news from Franklinton, Northland, the South Side and more. Read on for an assortment of project updates, new proposals, and other nuggets from the world of Columbus development:
Sway Mobility, a Cleveland-based company that offers “carshare as a service” for apartment complexes and offices, has partnered with Casto to bring the concept to River & Rich in Franklinton. The company’s CEO, Michael Peters, said that one electric car is now available for residents to rent, but more could be added in the future.
“We’re starting with one to see the response…Casto has indicated a willingness to add additional vehicles, either here or at their other downtown properties, based on that response,” Peters said.
Directly next door to River & Rich, Casto’s proposed renovation and partial demolition of two historic buildings was approved by the Historic Resources Commission at a special meeting on June 11.
Also in Franklinton, the plan to redevelop the former Mount Carmel West campus got a boost from Columbus City Council. Legislation approved at the June 15 Council meeting authorizes the city to enter into a $1 million agreement with the Central Ohio Community Land Trust to develop ten affordable houses on the site.
In May, City Council approved the establishment of three new Community Reinvestment Areas (CRA’s), enabling property tax abatements under the revised city policy established in 2018. The three new areas encompass two Thrive Companies developments – Grandview Crossing and Quarry Trails, as well as a portion of the Northland neighborhood (west of Cleveland Avenue and north of SR 161). The existing Linden CRA was also expanded.
A new Enterprise Zone Agreement (office incentive) was approved for the second phase of the Gravity development. The ten-year, 75% abatement is contingent on the project creating 50 new full-time permanent jobs.
Homeport was awarded Low Income Housing Tax Credits to build a 56-unit development in Northland, close to Beechcroft High School. Also awarded credits this round were National Church Residences, to build a 62-unit senior housing development not far from there called Bretton Woods, and Community Housing Network, to build a 56-unit development in Southfield called Touchstone Field Place.
An amended plan to redevelop the Golden Bear Shopping Center in Upper Arlington was voted down by the city’s Board of Zoning & Planning at its June 15 meeting. Although previously approved by the board, the new plan sought several changes, including the replacement of what was to be office space on the second floor of the five-story building with additional residential units. See Upper Arlington’s website for the latest on the proposal.
Plans to build large apartment complexes outside I-270 continue to pop up in different suburban jurisdictions. Hilliard will soon be weighing in on one from Michigan-based Edward Rose Properties. The proposal calls for a 470-unit development on a 29-acre site on Riggins Road, near Britton Parkway.