Plans Unveiled for New CoverMyMeds Campus in Franklinton
CoverMyMeds has released the first renderings of its proposed $240 million headquarters in Franklinton. The new images show a modern corporate campus featuring Downtown views, designated food truck areas, lots of landscaped open spaces, and direct access to the Scioto River.
Located on an industrial site north of McKinley Avenue and west of Souder Avenue, the new campus would sit between the Orange Barrel Media headquarters, an elevated railroad bed, and an I-670 offramp. It’s a part of the neighborhood that historically has been known more for junk yards and truck storage than major corporate headquarters.
The release of the renderings – along with more information about the project and details about a series of planned community investments that will accompany it – comes ahead of tonight’s Franklinton Area Commission meeting.
The commission is scheduled to vote on several zoning variances required for the project, including an increase in height (from 35 feet to 150 feet), a reduction in how far the building is set back from the road (from 25 feet on the north side to five feet) and an increase in the maximum allowable number of parking spaces (from 1,600 to 2,410).
According to the zoning application, the first phase of the development would be a 200,000-square-foot office building on the north side of the parcel that would rise to a height of 110 feet. The second phase would see the construction of a 37-foot-tall parking garage and a second 200,000-square-foot office building that would be about 40 feet taller than the one planned for the first phase.
CoverMyMeds is projecting that the project will lead to the creation of over a thousand new jobs. In July, Columbus City Council approved an incentive package for the development that included a 15-year, 100 percent property tax abatement. The city would pay Columbus City Schools a share of new income taxes from the project to make up for some of the revenue the district would lose due to the abatement.
The architect for the project is Perkins+Will’s Dallas studio.
The Franklinton Area Commission meets tonight at 6 p.m. at 777 W. State St.