Monday, December 05, 2005

Ohio Lofts building on e Main st - The Columbus Dispatch

The Columbus Dispatch - Business

The 99-year-old building has been nearly gutted and by spring, the first of 16 condos ranging from 750 square feet to 3,500 square feet will be completed.
--The beauty of this project is that so much first floor retail has been pre-leased even before construction really begins. That is exactly the kind of thing that needs to happen all over downtown, the near east and the near south and west where available. It's the retail and office space at ground level with residences above that will bring back Downtown Columbus and our urban neighborhoods.
I've always loved this building for no particular reason and when it sold for only $185,000 in '99 (albeit in pretty rough shape) I was surprised. The Eastern edge of downtown from the so called warehouse district close to Columbus State to the areas south of the Market District have an extreme amount of potential so this is really exciting news for Columbus.

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