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Columbus Partnership assumes active role in Downtown development
Columbus CEO
Among all of central Ohio s commercial real estate transactions in March, the one for 145 S. Front St. might have raised the most eyebrows.
The 200,000-square-foot state office building, empty since 2007, was sold for $3 million.
Instead of a developer, the buyer was the Columbus Partnership, the private, nonprofit collection of the area s most powerful corporations, which announced plans to turn the seven-story building into a mix of offices, retail space and residences.
The Partnership has been active in economic development since its founding in 2002, but until now, has stayed away from bricks-and-mortar.
Columbus CEO
Recently, I asked a colleague what Downtown is like these days, how it’s doing. While our Capitol Square offices remain officially closed, he’s been working from there frequently the past few months as the company works out the details of our return-to-work plans.
He says Downtown remains quiet. I’ve got to wonder with a bit of unease how long will it stay that way?
“Quiet” was actually the same way someone else described Downtown to me during a recent conversation, but she was referring to the Downtown Columbus of 30 years ago.
When Sandy Doyle-Ahern moved to Columbus from outside Philadelphia for a job, “I remember being just so surprised at how quiet Downtown was. That it really wasn’t a downtown, it was kind of a conglomerate of buildings. But there wasn’t a lot of activity occurring,” she says.
The 200,000-square-foot state office building, empty since 2007, was sold for $3 million.
Instead of a developer, the buyer was the Columbus Partnership, the private, nonprofit collection of the area s most powerful corporations, which announced plans to turn the seven-story building into a mix of offices, retail space and residences.
The Partnership has been active in economic development since its founding in 2002, but until now, has stayed away from bricks-and-mortar.
The purchase signaled a more active role for the Partnership in Downtown development. The impression was heightened by the timing of the purchase nearly simultaneous with changes at the Columbus Downtown Development Corp. that gave Partnership members seven of the 13 CDDC board positions.
Downtown Columbus apartment developer Jeff Edwards sees a vibrant urban center in the future columbusceo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from columbusceo.com Daily Mail and Mail on Sunday newspapers.