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Marc Conte

Downtown Office Vacancy Rate Drops to 12.1 Percent

Walker Evans Walker Evans Downtown Office Vacancy Rate Drops to 12.1 Percent

According to the latest data from the Capital Crossroads Special Improvement District, Downtown Columbus saw a continued decline in office vacancy rates, which have steadily fallen from 15.1 percent over the past two years, to a low of 12.1 percent in the fourth quarter of 2015. While the continued strong demand for office space is […]

5 Comments

Downtown Apartment Market Remains Strong with 96 Percent Occupancy Rate

Walker Evans Walker Evans Downtown Apartment Market Remains Strong with 96 Percent Occupancy Rate

The Capital Crossroads Special Improvement District and Discovery District Special Improvement District released their joint Year End report this week, which provides a detailed summary of the current state of Downtown Columbus. Many of the findings were expected results of growth trends that have continued over the past several years, including: The residential population of Downtown […]

9 Comments

New COTA Program Surpasses Goal in Getting Downtown Workers Commuting

Walker Evans Walker Evans New COTA Program Surpasses Goal in Getting Downtown Workers Commuting

Last April, the Capital Crossroads Special Improvement District and Central Ohio Transit Authority unveiled a pilot program for Downtown workers, which allowed commuters to ride COTA buses to work at no personal cost, in an effort to reduce demand for parking spaces, which has become expensive and scarce for many workers. The newly released 2015 year-end Downtown […]

8 Comments

New 12-Story Luxury Condo Building Announced in Arena District

Walker Evans Walker Evans New 12-Story Luxury Condo Building Announced in Arena District

Nationwide Realty Investors officially unveiled their latest Arena District residential development today. A 12-story luxury condominium building known as Parks Edge will be constructed at the northeast corner of Spring Street and Neil Avenue in between North Bank Condos and McPherson Commons. “We are pleased to be announcing the details and sharing our vision for […]

37 Comments

Hotel Concept Calls for 12 Stories on High Street Downtown

Brent Warren Brent Warren Hotel Concept Calls for 12 Stories on High Street Downtown

In the midst of much discussion about the Edwards Companies’ proposal to build a six-story building on the west side of High Street between Gay and Long streets, another local developer – the Day Companies – has quietly floated a concept for a 12-story hotel across the street. The Day Companies posted renderings and a site plan […]

17 Comments

Lack of Municipal Parking Stunting Downtown Development

Walker Evans Walker Evans Lack of Municipal Parking Stunting Downtown Development

When the Edwards Companies submitted a proposal to the Downtown Commission to construct a new six-story building on High Street between Gay and Long, many Columbus Underground readers expressed frustration with the building being too short for the area. When compared to the nearly-completed 12-story 250 High building or the proposed 17-story mixed-use Two25 building, […]

29 Comments

Downtown Apartment Market Maintains 95% Occupancy Rate

Walker Evans Walker Evans Downtown Apartment Market Maintains 95% Occupancy Rate

Downtown Columbus has added hundreds of new apartment units every year for the past several years, and the demand for rental housing shows no sign of slowing. According to a new report released today by the Capital Crossroads Special Improvement District, the Downtown market has an apartment occupancy rate of 95%. “I don’t know why, […]

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