With a daytime working population of more
than 90,000 people, with an abundance of available land and buildings,
and with a cooperative city government that has made urban living a
priority, downtown Columbus has all the ingredients for a renaissance in
city living.
A recent study shows there is real demand for downtown residential
opportunities in Columbus, for apartments, condominiums and townhouses,
for renters and for owner-occupants. The key will be to identify and
deal with obstacles to development of residential properties to serve
that demand, and to induce the private sector to undertake the needed
projects. Land or building acquisition problems, code and zoning
problems, financing problems, parking problems and others can be
disincentives. At the same time, downtown residential projects are being
undertaken, sometimes only one or two units at a time, sometimes more.
The private sector is beginning to appreciate the opportunities for
downtown residential development. The Columbus Landmarks Foundation, for
example, has promoted new and rehabilitated residential units, and
members of the development community are starting to join the trend.
Columbus Mayor Michael Coleman has put the city's resources to work to
encourage further residential development, creating incentives such as
assistance in exploring how Article 34 of the building code can make it
easier to re-use buildings for housing. The mayor has stated the city's
case clearly: "A great city cares about its downtown. Downtown is
every neighborhood's neighborhood and the engine that drives the
economic success of the entire region. The checkerboard of our downtown
contains as many vacant storefronts and surface parking lots as thriving
businesses and restaurants. The key to making our downtown vibrant and
alive is downtown living. Then commercial, retail and entertainment
options will follow."
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