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State of Downtown Columbus

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State of Downtown Columbus | 1 | 1 STATE OF DOWNTOWN COLUMBUS YEAR END 2018 e Prepared by Capital Crossroads & Discovery Special Improvement Districts | 2 GET A FREE RIDE. Downtown property owners pay for unlimited access to COTA’s entire bus system. Visit DowntownCpass.com to see if you and your company are eligible. 5 REASONS TO RIDE THE BUS 1. Save money: Fewer miles on your car equals fewer car-related expenses and no more parking fees. 2. No more parking hassles: Park for free at one of 25 Park & Rides and get downtown quick. 3. No more road rage: Let the COTA driver deal with traffic headaches. 4. Get a jump start on your day: Every bus has free Wi-Fi so catch up on email or text your bestie, and it won’t cost you a dime. 5. Unwind: Watch your favorite podcast or laugh at funny cat videos. When used on a white, color, or photographic background When used on a background field of black Colors: Colors: Process Black + White + PMS 1795 White + PMS 1795 A Capital Crossroads SID Program Powered by gohio commute www.DowntownCpass.com | 2 i ABOUT US | 3 Capital Crossroads Special Improvement District 670 (CCSID) is an association of more than 500 commercial and residential NEIL property owners in 38-square blocks HUNTINGTON NATIONWIDE of downtown Columbus. Its purpose PARK ARENA is to support the development of downtown Columbus as a clean, safe SPRING HIGH GRANT FOURTH FRONT and fun place to work, live and play. THIRD LONG GAY Hours of Operation: COLUMBUS MUSEUM OF ART 71 5:30 a.m. - 2 a.m. Monday - Saturday; BROAD 9:30 a.m. - 8 p.m. Sunday STATEHOUSE TOPIARY PARK COLUMBUS METROPOLITAN LIBRARY COLUMBUS Discovery Special COMMONS Improvement District RICH (DSID) helps property owners MAIN maintain a safe, vibrant, diverse, distinctive and walkable mixed-use neighborhood. DSID was formed in 2005 by property owners in the eastern area of downtown. Hours of Operation: Capital Crossroads Special Improvement District 5:30 a.m. – 2 a.m. Monday – Saturday Discovery Special Improvement District Downtown District ABOUT THIS REPORT The CCSID and DSID track information that gauges the vitality of the central business district. Unless otherwise specified, the content included is specific to the Downtown District: the area bounded by I-670, I-71, I-70 and the CSX railroad tracks. All information is believed accurate at the time received. Where outside sources are used, attribution is provided. SID staff monitors and interprets downtown data covering a variety of areas, and every effort is given to provide the most accurate information possible. SID staff is available to provide custom research. Please contact Marc Conte at 23 N. Fourth St. [email protected] or (614) 591-4507 for more information. Columbus OH 43215 (614) 591-4565 DowntownColumbus.com Photo credits: Andy Spessard, COTA, Kaufman Development, Larry Hamill, Randall Schieber, Legacy Management Services, DesignGroup, Melissa Fast, Lear Block/DeVere LLC, Brad Feinknopf Photography Customer Service Hotline: For Columbus Downtown Development Corporation (614) 228-5718 Design: Bluewave Creative | 4 05 Report Highlights TABLE OF CONTENTS • 06 Major Investments 11 Housing & Residents 17 Employment & Office 21 Education 23 Retail 24 Hospitality & Attractions 26 Transportation & Land Use | 4 • REPORT HIGHLIGHTS | 5 Major Investments $2.1 BILLION $454 MILLION $299 MILLION PROPOSED UNDER CONSTRUCTION COMPLETED IN 2018 37 PROJECTS 23 PROJECTS 17 PROJECTS Housing & Employment & Education Residents Office 9,000 85,248 4 RESIDENTS WORKERS COLLEGES & UNIVERSITIES 95% 14.9% APARTMENT OFFICE VACANCY RATE 33,457 OCCUPANCY (CLASS A, B & C) COLLEGE STUDENTS Retail Hospitality & Transportation Attractions & Land Use 5 307 87 NEW RETAILERS IN 2018 ROOMS PROPOSED OR CARS PER 100 WORKERS UNDER CONSTRUCTION DRIVE INTO DOWNTOWN 240+ RETAIL GOODS & SERVICES 70.1% 408 BUSINESSES OCCUPANCY RATE COMPANIES ENROLLED IN DOWNTOWN C-PASS MAJOR INVESTMENTS || 66 HIGHLIGHTS Construction began on the first phase of the White Castle headquarters redevelopment. Later phases will include a second office building and five apartment buildings. A new Columbus Crew stadium is planned as the anchor for Confluence Village, which will also include residential and office buildings. Confluence Village is planned for land just south of the White Castle headquarters at the western edge of the Arena District. $2.1 BILLION PROPOSED Notable Projects Hilton 2.0 ($210 million) Columbus Crew Stadium Confluence Village Office and Housing $392 MILLION UNDER CONSTRUCTION Notable Projects The Nicholas Apartments ($40 million) Xander on State Apartments ($35 million) Mitchell Hall at Columbus State ($34 million) $299 MILLION COMPLETED IN 2018 Notable Projects 80 on the Commons ($90 million) Michael B. Coleman Government Center ($60 million) National Veterans Memorial & Museum ($55 million) || 66 MAJOR INVESTMENTS | 7 670 NEIL HUNTINGTON NATIONWIDE PARK ARENA SPRING HIGH GRANT GRANT FOURTH FOURTH FRONT THIRD LONG 71 GAY COLUMBUS MUSEUM OF ART BROAD STATEHOUSE TOPIARY STATE PARK COLUMBUS METROPOLITAN LIBRARY COLUMBUS COMMONS RICH MAIN PROPOSED UNDER CONSTRUCTION COMPLETED IN 2018 5% 1% RESIDENTIAL PARKING 4% 2% 1% 10% STREETSCAPE RETAIL OFFICE TRANSPORTATION 9% <1% PARKING 10% PLAZA HOSPITALITY 13% HOSPITALITY 31% 43% 42% 27% OFFICE TRANSPORTATION RESIDENTIAL INSTITUTIONAL 15% 38% OFFICE MIXED USE 29% 20% RESIDENTIAL MIXED USE MAJOR INVESTMENTS | 8 Cost Estimate Proposed Projects Location (Millions) Use Hilton 2.0 High & Ohio Center Way $210 Hospitality Crew Stadium W. Nationwide Blvd. NA Hospitality Scioto Peninsula Redevelopment Belle & Broad $500 Mixed Use White Castle Office 2 555 W. Goodale St. $12 Office Capitol Square Office Tower Upgrades 3rd & State $3 Office 266 N. 5th St. 5th & Naghten $0.4 Office Confluence Village Office and Residential W. Nationwide Blvd. NA Office/Residential Convention Center East Garage 3rd & Nationwide $18 Parking 6th & Long Garage 6th & Long $6 Parking/Retail Franklin University Courtyard Grant & Rich $0.5 Plaza The View on Long Pearl & Long $16 Residential White Castle Residential 1A & 1B 555 W. Goodale St. $16 Residential Neighborhood Launch - 6th & Gay Sixth & Gay $4 Residential White Castle Residential 2A, 2B & 3A 555 W. Goodale St. $12 Residential 83 Normandy Ave. Residential Normandy & Gay $3 Residential 220 E. Main St. Apartments Fifth & Main $1 Residential 92 N. 5th St. Renovation 5th & Gay $0.4 Residential Market Tower Park & Spruce $120 Residential/Office/Retail Millennial Tower Front & Rich $150 Residential/Office/Retail/Hospitality 255 South High Apartments 255 S. HighSt. $18 Residential/Retail Grant Oak Apartments Grant & Oak $16 Residential/Retail The Harlow Fourth & Main $15 Residential/Retail 274 E. Long St. Neilston & Long $1 Residential/Retail 60 on Broad Capitol Square NA Residential/Retail Cap Law Apartments and Garage Grant & Oak NA Residential/Retail/Parking 4th & Rich Apartments 4th & Rich NA Residential/Retail/Parking COSI Connection Corridor 333 W. Broad St. $40 Retail 111-115 Vine St. Armstrong & Vine $1 Retail 70/71 Phase 6B-E - West Interchange I-70 & 71 $280 Transportation 70/71 Phase 2D - South Innerbelt I-70 & 71 $166 Transportation 70/71 Phase 4R - Inbound Downtown I-70 & 71 $128 Transportation 70/71 Phase 5 - 70 East Freeway I-70 & 71 $95 Transportation 70/71 Phase 6R - Outbound Downtown I-70 & 71 $82 Transportation 70/71 Phase 3B - East Broad to Long I-70 & 71 $78 Transportation 70/71 Phase 4B - Fulton & Livingston I-70 & 71 $59 Transportation TOTAL $2.1 Billion Cost Estimate Projects Under Construction Location (Millions) Use Mitchell Hall at Columbus State Community College Cleveland & Mt. Vernon $34 Education Canopy by Hilton 77 E. Nationwide Blvd. $24 Hospitality AC Hotel 511 Park St. $23 Hospitality White Castle HQ & Garage 555 W. Goodale St. $25 Office/Parking Rhodes Tower Modernization Capitol Square $50 Office The Hayden Renovation Capitol Square $19 Office Riffe Center Upgrades Capitol Square $11 Office Huntington Center Upgrades Capitol Square $5 Office 562 E. Main St. Lester & Main $2 Office 33 N. 3rd St. Renovations 3rd & Lynn NA Office Rise Brands HQ 4th & Long $2 Office/Parking Former Light Plant 555 W. Nationwide Blvd. $20 Office/Retail 101 E. Main St. Renovation Third & Main $3 Office/Retail 44 N. High St. High & Gay NA Office/Retail 330 Oak Street Apartments 330 E. Oak St $10 Residential Xander on State Sixth & State $35 Residential/Office/Retail White-Haines/Madison's High & Gay $14 Residential/Office/Retail Sources: City of Columbus Department of Development, Developer and Architects continued on next page | 8 MAJOR INVESTMENTS | 9 The Nicholas High & Gay $40 Residential/Retail 230 E. Long St. Apartments Fifth & Long $25 Residential/Retail Motorists Residential Project Washington & Oak $20 Residential/Retail 150-156 N. 3rd St. 3rd & Long $15 Residential/Retail Lifestyle Communities Beatty Block 213 S. High St. $15 Residential/Retail Lifestyle Communities Matan Block 261 S. Front St. $15 Residential/Retail Microliving @ Long and Front 55 W Long St $11 Residential/Retail 70/71 Phase 2E & G - Fulton, Grant & Mound I-70 & 71 $36 Transportation TOTAL $454 Million Cost Estimate Completed Projects in 2018 Location (Millions) Use National Veterans Memorial and Museum Belle & Broad $55 Institutional Michael B. Coleman Government Center 111 N. Front St. $60 Office Education First Credit Union Washington & Noble $2 Office 405 E. Town St. 405 E. Town St. $1 Office Versa Coworking Neil & Nationwide $1 Office 231 N. Fifth St. Façade Improvements 231 N. 5th St. $0.1 Office 457-459 N. High
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