The Columbus Redevelopment Commission has developed a $40M redevelopment project. (photo courtesy: Flaherty & Collins Property)
by: Wes Mills, Inside INdiana Business
Posted:
Jan 15, 2021 / 01:52 PM EST
COLUMBUS, Ind. (Inside INdiana Business) The Columbus Redevelopment Commission has unanimously approved Phase I of a $40 million, mixed-use development for downtown Columbus. The first phase of the project includes 200 market-rate apartments, an urban grocery, and 15,000 square feet of retail and restaurant space.
The CRC has entered a contract with Indianapolis-based developer Flaherty & Collins Properties.
The redevelopment commission says it plans to use proceeds from the future increase in property assessments on the site to create additional development options.
Courtesy-Columbus.in.gov/redevelopment
COLUMBUS, Ind. – The Columbus Redevelopment Commission (CRC) earlier this week unanimously approved Phase I of a new, $40 million, two-block, mixed-use development project slated for downtown Columbus. The commission has entered into a contract with Indiana-based developer Flaherty and Collins Properties.
CRC says Phase I includes 200 market-rate apartments, an urban grocery, and 15,000 square feet of retail/restaurant space designed to expand downtown business options, plus added parking for residents, visitors, and workers.
“This project will help transform downtown Columbus, especially for residential development. Having an urban grocery easily walkable for all of downtown’s residents will help encourage even more private investment in our downtown,” stated Mayor James Lienhoop.
The Columbus Redevelopment Commission has unanimously approved Phase I of a $40 million, a mixed-use development project for downtown Columbus. The first phase of the project includes 200 market-rate
The cold shoulder: Winter weather and COVID-19 challenge local restaurants
Sirloin Stockade and the Garage Pub and Gill are the two closing temporarily.
Sirloin Stockade owner Peter Jurrema said that his restaurant closed Dec. 1. The restaurant posted on social media that it would be closed until spring, though Jurrema said that the reopening date will depend on certain factors.
“A lot has to happen,” he said. “For starters, the virus needs to be tamped down or lessened.”
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A patron stands in the outdoor seating area outside Columbus Bar in downtown Columbus, Ind., Monday, Dec. 7, 2020. Mike Wolanin | The Republic Mike Wolanin | The Republic