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Capitol Square re-development

Home Forums General Columbus Discussion Development Capitol Square re-development

Viewing 11 posts - 1 through 11 (of 11 total)
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  • #1096413

    drtom1234
    Participant

    This is an interesting link from ColumbusCEO about potential re-development of the Dispatch building and surrounding land, as well as some good discussion about Columbus development in general.

    http://www.columbusceo.com/content/stories/2015/10/as-downtown-columbus-grows-more-residential-the-future-of-capitol.html

    #1096497

    cadillackid
    Participant

    residential is HOT here right now.. and the prices show it.. the fear is of course that the prices are going up much faster than they should in my mind.. sure if people will pay it then great.. but if we start getting a reputation of being too expensive downtown for residential then it not only chokes off people’s willingness to consider columbus as their new home, it also chokes off the available extra money people have to spend on home-goods, dining, etc.. similar to what happened in the burbs of the 90s and early 2000s the same trend exists in downtowns now.. people that want to live downtown So bad they become (house poor).. the quest to have that cool apartment or condo downtown takes up much of their expendable income making for less to spend on Life in general.

    so I think rifght now the trend should be build build for residences.. not enough to make the prices go too low that owners cant make money (or rif raf moves in), but enough to keep the prices in check with a city our size and to keep attracting new business and residences coming to downtown..

    -Christopher

    #1096566

    WJT
    Participant

    residential is HOT here right now.. and the prices show it.. the fear is of course that the prices are going up much faster than they should in my mind.. sure if people will pay it then great.. but if we start getting a reputation of being too expensive downtown for residential then it not only chokes off people’s willingness to consider columbus as their new home, it also chokes off the available extra money people have to spend on home-goods, dining, etc.. similar to what happened in the burbs of the 90s and early 2000s the same trend exists in downtowns now.. people that want to live downtown So bad they become (house poor).. the quest to have that cool apartment or condo downtown takes up much of their expendable income making for less to spend on Life in general.

    so I think rifght now the trend should be build build for residences.. not enough to make the prices go too low that owners cant make money (or rif raf moves in), but enough to keep the prices in check with a city our size and to keep attracting new business and residences coming to downtown..

    -Christopher

    What exactly is ‘rif raf’ (sic)? If prices dropped considerably, that might make it possible for actual working people(average income) to move downtown. Hardly what I would call riffraff(if you mean undesirables, etc). The city wants more workforce housing downtown so, you know, people who work downtown and are not filthy rich can live there if they want to.

    There are far, far more people in this city who would fall between the extremes of wealthy enough for ‘luxury’ apts./condos and ‘riffraff’.

    Good Lord, between this and the gentrification threads, there are apparently nothing but greedy evil wealthy people and ‘riffraff’ in this city.

    #1096573

    ohbr
    Participant

    Not to mention all those youngin’s who have really well paying jobs and would love to move downtown but racked up too much debt to be able to afford luxury rent near the places they work downtown. There are a lot of people between the rich and ‘rid raf’ that are being pushed more or less ignored in the hunt for the highest rents possible.

    #1096575

    ohbr
    Participant
    #1096594
    Walker Evans
    Walker Evans
    Keymaster

    What exactly is ‘rif raf’ (sic)?

    #1096601
    MichaelC
    MichaelC
    Participant

    The redevelopment of the Wolfe land adjacent to the Statehouse is absolutely crucial for Downtown. The most prominent square block in town has so much potential to be a draw after work hours. Jack & Benny’s will be a great addition, but you need more residents than those that live in the single residential building on the square, or the single hotel that sits on the square. The LeVeque’s completion, though not right on top of the square, will be a plus, but we need to fill in the vacant lots and develop the undeveloped buildings along Broad Street, and get this square hopping.

    #1096685

    WJT
    Participant

    <div class=”d4p-bbt-quote-title”>WJT wrote:</div>
    What exactly is ‘rif raf’ (sic)?

    This creature actually could probably afford a luxury place downtown. SMDH.

    #1096783

    S.browning
    Participant

    John w says a min. Ten years away

    #1096784

    S.browning
    Participant

    I have said this before if they develop that property lets go world class design, and very tall something that make Cbus stand out from all Midwestern cities

    #1096797

    heresthecasey
    Participant

    A recent BizFirst article on Capitol Square mentioned that a mixed-use redevelopment of Chase Tower was in the planning stages.

    (Paywall) http://www.bizjournals.com/columbus/print-edition/2015/10/02/ohios-capitol-square-ready-for-redevelopment.html

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