The Future of Columbus – Will the Capital City Continue to Grow?
This article is brought to you by the Schottenstein Real Estate Group.
From world class shopping at Easton and fine dining in the Short North to professional hockey in the Arena District, the city of Columbus has grown immensely since the new millennium. Without Central Ohio’s growth, the state would be losing residents, according to Census Bureau’s 2012 estimates.
Columbus has a strong and diverse economy based on education, insurance, fashion, and banking and is now even being considered an up-and-coming technology city. Bloomberg Business Week named Columbus America’s 20th best city in the U.S. Can the future for Columbus be as bright moving forward?
“The Columbus Region has a value proposition that few can match,” says Kenny McDonald, CEO for Columbus2020. “We have more enrolled college students than any other Midwestern metro per capita and must use this to our advantage. We are blessed with great geography, and our access to the bulk of the U.S. market is very accessible. We are also a great value– the Columbus Region has the great amenities at an affordable price.”
While Columbus has many positive characteristics, the city has endured a sluggish economy and while the housing market is improving, it is still recovering slowly as sales are well below the annual pace of 700,00 that economists consider healthy.
When asked about the future for the city of Columbus over the next ten years, McDonald couldn’t have had a more positive outlook.
“I see a thriving metro area with a clear strategy to attract and retain talented people and businesses,” he says. “A metro area that has leaped forward, and is poised for additional growth.”
The combination of thriving businesses, affordable living styles, accessibility and a young up-and-coming workforce would have many people, not just Columbus residents, saying that the capital city of the Buckeye state will continue to grow.
This article was brought to you by the Schottenstein Real Estate Group.
Named both the 2006 and 2010 Developer of the Year by the Building Industry Association (BIA), The Schottenstein Real Estate Group is respected as one of the leaders in the real estate industry. We are dedicated to creating exceptional communities for living, working, shopping and entertainment. Our key personnel have developed, marketed and managed more than 10,000 for sale homes or condominiums, more than 25,000 rental units and a variety of commercial, retail, land and office projects throughout the Midwest and Florida.
More information about The Schottenstein Real Estate Group can be found at www.sregroup.com.