Homeport Picked for “Downtown Linden” Project
Affordable housing developer Homeport has been selected to redevelop a prominent corner in Linden.
The site, a 1.7-acre parcel at the southeast corner of Cleveland and Myrtle avenues, was assembled by Columbus Next Generation Corporation (CNGC).
Homeport was chosen to develop the site after CNGC put out a request for proposals earlier this year, and now plans to construct a two-building, 100-unit senior housing development there.
“We’re really excited and honored to be at the table,” said Leah Evans, Homeport’s Vice President of Real Estate Development. “Housing impacts people’s lives, and [we see this] as an impactful project, a catalytic project.”
“The community has come together to come up with a plan,” she added, referring to the One Linden Plan released in late 2018 and its vision for a revitalized Cleveland Avenue. “It’s humbling for us to be part of that.”
The project is still at an early stage – financing will need to be secured (most likely utilizing Low Income Housing Tax Credits), and the neighborhood will get a chance to weigh in on the specifics of the proposal as it works its way through the approval process.
Evans said that the plan is for a three-story building on Cleveland to hold about 3,000 square feet of commercial space on its ground floor, but no decisions have been made about how that would be filled – it could be traditional retail, an office use, or something like a workforce training center.
A second building would be located to the east, fronting Linden Avenue. Future development could involve a parcel on the west side of Cleveland Avenue, as well as new single family homes to the south.
CNGC, a nonprofit organization that is supported by the city, prescribed senior housing for the site after getting feedback from the community.
Work on the Cleveland and Myrtle project – which is being called Mulby Place, after a brickyard that once stood on the site – likely wouldn’t start until 2021, Evans said.
Less than a mile up Cleveland Avenue, though, construction is scheduled to start this spring on a 50-unit affordable housing project that is also being developed by Homeport.
The two Cleveland Avenue projects represent the latest in a long history of involvement in the area for Homeport, including the building of over 90 affordable lease-option homes.