Forum Replies Created
Looks like we should be hearing more on this development soon; Standard Parking recently informed the monthly parkers that the lot will close effective December 1st.August 12, 2015 4:15 pm at 4:15 pm in reply to: LC RiverSouth – 8-Story & 10-Story Apartment Buildings at High & Rich #1088816
<div class=”d4p-bbt-quote-title”>drtom1234 wrote:</div>
<div class=”d4p-bbt-quote-title”>J.Benner wrote:</div><br>
I’ve been sitting on the sidelines watching this thread and decided to step in before speculation gets out of hand. From reliable sources, this project is still moving forward. LC has a lot of irons in the fire at the same time (a good thing) due to the robust multi-family market. They had to take a temporary step back on this project to follow through on some other large projects. This delay will be a positive in the long run as they plan on focusing on all three River South projects at the same time in approximately 2-3 months.
Wait? All 3 river south projects? I assume the 8 and the 10 story towers are 2 of the 3, but what’s the 3rd?
YepAugust 12, 2015 11:20 am at 11:20 am in reply to: LC RiverSouth – 8-Story & 10-Story Apartment Buildings at High & Rich #1088780
I’ve been sitting on the sidelines watching this thread and decided to step in before speculation gets out of hand. From reliable sources, this project is still moving forward. LC has a lot of irons in the fire at the same time (a good thing) due to the robust multi-family market. They had to take a temporary step back on this project to follow through on some other large projects. This delay will be a positive in the long run as they plan on focusing on all three River South projects at the same time in approximately 2-3 months.May 8, 2015 4:11 pm at 4:11 pm in reply to: LC RiverSouth – 8-Story & 10-Story Apartment Buildings at High & Rich #1075542
It is most likely related to different sub-contractor schedules; there are probably different contractors for the below grade work, and another for vertical improvements, just a guess from observing numerous projects through the years.
Looks like this is moving forwardMarch 25, 2015 11:15 am at 11:15 am in reply to: Two25 17 Story High Rise Proposed for SE Columbus Commons #1068704
Reading between the lines; I wouldn’t be surprised if the first floor retail space is one of the previously discussed Whole Foods sites.
Also, now that NRI has essentially finished the office portion of the Arena District, spec office development has now returned to the core; i.e. 250 S High and now Two25.
Eleven has one.
The hotel and apartment towers would most likely be developed on air rights; the apartment tower above the garage, and the hotel component in conjunction with the “two story façade” along Goodale as depicted in the Wagenbrenner proposal. The Dispatch Article clearly sidesteps mentioning the proposed towers almost as to not steal the thunder of an impending announcement from the developer. If it were dead they would have clearly stated so. All is not lost….fingers crossed.
In the meantime Car2Go could (should) establish some parking spaces at the airport in a similar fashion as they are doing at Easton for a quick fix for the lack of alternative transportation to and from the airport for those living in the central city areas.
Per Dispatch: 89 units will be developed at Gay & High, the new build units will be connected to the 65 units in the Citizens building via an underground tunnel.
Per the tax credit award sheet the total development cost is $34.8M for at least 65 units; that should be a key indicator to the scope of the development. To put that figure into perspective, the total development cost of Highpoint (300 units) was $50M+/-, and 250 S. High (135K SF of office + 120 apts.) is also $50M+/-. I’d guess that the “additional unit” figure for the adjacent lot should be substantial considering the total development cost.
Word within certain circles is that they attempted to go into Brewmaster Gate a few years back and could not come to terms with Arshott. Conversion costs were also likely prohibitive and close to build new costs. So the reason for Hofbrau looking outside of the Brewery Dist. is more on the landlord with the only suitable spot for them within the BD, not the prospective tenant. I respect them attempting to located within the Brewery District first and taking their time trying to get this “right”. Grandview Yard < Brevery Dist, but Grandveiw Yard > Easton > Polaris.December 18, 2013 5:01 pm at 5:01 pm in reply to: New, affordable apartments headed to Neighborhood Launch's neighborhood? #556828
I think the reservations about this project are not about placing a LIHTC property downtown or on Long St adjacent to NL, but rather as a vote of confidence on what Edwards has been doing with their NL project and a concern that this is a sign of them potentially scaling back their well received (quality/design/variety/etc) project from their initial footprint.