Another aspect of the Envision Columbus study was recommendations for further growth in the downtown area that includes multi-family housing as well as an urban grocer. Real estate developers, Flaherty & Collins Properties was chosen to lead this project in addition to the hotel and conference center. In February, 2020 a term sheet was executed as an agreement between all parties in regard to the scope of the project. In January, 2021 the Redevelopment Commission signed an agreement with Flaherty & Collins to begin Phase 1 of the project. The area at 2nd and Lafayette has been rezoned to include all aspects of the project. The developers are currently in negotiations with a grocer who has expressed interest in establishing in the downtown area.
The multi-family development will include:
- 200 townhouse type units that will include studio and 1-2 bedroom apartments.
- Urban grocer on the ground floor that will be accessible to residents as well as the general public.
- Additional retail space for future business expansion.
- Additional parking to support residents as well as visitors.
Flaherty & Collins anticipates ground breaking for this project early 2022.