TH3BUDDHA

It's not really that surprising considering that this is basically just a ranking of the cheapest cities to live in.

COLUMBUS LISTED AS CANDIDATE TO HOST NHL RETURN GAMES, PER REPORT Johnston joined the Sportsnet Today podcast on Monday to discuss the talk around the NHL looking to resume the suspended season in the next few months - and some of that talk is surrounding certain cities being "hub" cities for the entire league. And at the moment, "Vegas is most likely" but Columbus is "likely going to be the other one". ... "It does sound as though we're potentially looking at two cities (Vegas and Columbus) where each conference puts 12 teams aside to play some games before the playoffs and then go into an expanded playoff-like tournament, but again that hasn't been fully agreed upon at this hour." More here: https://www.1stohiobattery.com/columbus-blue-jackets-news/2020/05/4807/columbus-listed-as-candidate-to-host-nhl-return-games-per-report

I didn't get a picture, but I drove by this today and an elevator core was going up.

How is this personal in any way? I literally just saw a tweet that was at odds with what I've been reading about the central Ohio warehouse market. I was interested in hearing about why there were such differing mindsets, so I just wanted some more opinions. Maybe this guy is completely off about the Cleveland market as well. I just don't read enough about the Cleveland market to comment on that.

Do you think warehouse leasing will be hit hard in the short term in Columbus?

Pretty disappointing if so. I was under the assumption that many projects, especially ones already started, were still full steam ahead.

I was just at Easton and both tower cranes are down. The site along Stelzer appears to have been cleared completely of any equipment.. Is the project on hold now?

Hmm. He seems to be off with his concern with the Cbus warehouse market considering over a million square feet of speculative warehouse space is moving forward despite Covid-19. Sure, the companies he mentioned are players, but there are many more, including Amazon, that aren't struggling. I would imagine that that extra space would be gobbled up even if those companies went under. Columbus is becoming a major distribution/logistics hub for e-commerce and e-commerce is doing fine during Covid. This article is from a few days ago and explains: Another big speculative project starting in West Jefferson A new 1.13 million speculative warehouse has received approvals to begin construction at 70 Enterprise Parkway, near the I-70 exit at Urbana-West Jefferson Road. It's the latest new warehouse in a growing cluster of industrial space in the vicinity of the Exit 80 interchange. Developed by Core5 Industrial Partners, the building and 62-acre site will feature a 40-foot clear height and will have options for about 400 parking spaces and about 500 trailer spaces. Rick Trott of CBRE is managing leasing for the site, which has an anticipated delivery date in the second quarter of 2021. "Madison County experienced a lot of industrial development activity in the in 2019, and we're continuing to see strong interest and activity in 2020," said David Kell, executive director of Madison County Future Inc., the regional economic development organization. ... Atlanta-based Core5 is also developing a smaller project across town, a 432,000-square-foot warehouse in Etna Township that will also be ready in the second quarter of 2021. The busy Park 70 at West Jefferson industrial center next to this site, developed by Duke Realty, already includes distribution centers for Kellogg's, FedEx, Target and Ace Hardware. Duke has envisioned almost 400 acres ready for building to the north as the market demands it. To the south, a joint venture of Hillwood and Continental Real Estate Cos. is finishing a speculative 840,000-square-foot distribution center building. Next to it, Pizzuti Cos. announced last year it would build two new speculative warehouses. No tenants have yet been signed for the three buildings, Kell said. While the Covid-19 pandemic has upended many other sectors of real estate, brokers predict industrial development, especially in Central Ohio, will not be impacted in the same way. The region has already seen healthy activity as an e-commerce node, and the pandemic has accelerated the pace that people shopping from home. More here: https://www.bizjournals.com/columbus/news/2020/05/07/another-big-speculative-project-starting-in-west.html

Interesting. Ever since I started reading this forum, I've seen the Darby Accord pop up a few times for why there isn't much development in the southwestern portion of Franklin county. I hadn't heard of the Darby Accord before reading about it here. Since reading about it, I had just gone under the assumption that the Accord is the primary reason you see such an immediate, drastic transition from development to farmland west of Hilliard and why there is no sprawl down 70W, especially after comments like the one ColDayMan made in the population thread that I replied to. I was under the assumption that if the Accord didnt exist, you would see more urban sprawl west of the city.

I saw this article the other day which led to the comment I just made over in the Ohio population thread. There was a comment that we would never see development west of Columbus towards Dayton because of the Darby Accord. However, with all of these distribution centers going up in West Jefferson, I was wondering if people think it could spur development between Springfield and West Jefferson.

I know this was from a while ago, but I was just reading through this thread. But, how far west does the Darby Accord go? I decided to drive to West Jefferson recently to see all of the distribution centers that have been built and there are going to be more coming as central Ohio rises as a distribution hub. I started wondering if that was west of the protected Darby watershed and we could expect to see development as a result of all of those distribution centers. Then, you aren't too far east of Springfield. So, I was wondering if you could eventually see more development that spans east from Springfield towards West Jefferson and Columbus and then just skips the watershed.

Yea, it's incredibly disappointing. Looks like you were right

Is there a construction timeline on this? I know it was said that the office building with OhioHealth was supposed to open late 2021. This site has been clear since February, but there hasn't been anymore movement since.

From my understanding, no. They don't currently have anything planned for that spot. It's just conceptual spacing for what it could potentially look like in the future. I'd imagine something will go there eventually, but it will probably be driven by what the demand is for phases 6-9. I'd guess we won't see another proposal for that spot for a while considering they said they won't even be breaking ground on 8 and 9 for at least a year once 6 and 7 is done. Kinda similar to the Scioto Peninsula renderings where they have the whole area mapped out, but currently only the 6 middle buildings are actually planned.

Because I was touring some of the condos, I got some information from the developer and a slideshow with a couple images. I hadn't seen these renderings of the tower or this overhead rendering with the phases labeled: When I asked about timeline on the phases and the tower specifically, this is the response I got: “So we haven't broken ground yet on that it will probably be another year as we complete the phases before that breaks ground. 6&7 have broken ground and are in framing process now. some ground work has been started on phase 8&9 but mainly utility prepping.” Also, regarding phase 10 in that image: "The only thing that is inaccurate is that there is no Phase 10 planned. This was just part of the renderings to show the city the spacing and potential but we only have 9 phases total planned."

It doesn't seem like they mentioned the research facility for the new Innovation District on Lane and Kenny in either list. Is that still moving forward? Maybe I missed it.

Honestly, these kinds of comments by NE Ohioans are just sad.

It would be a single circle

I don't know much about how this stuff works, so can somebody explain why it's a debate? Aren't there strict definitions that demographers use to define these things? Isn't there a set of criteria to either say "yes, Akron is part of the Cleveland metro" or "no, it is not." I don't get the, "eh, maybe we should just through it in there because it would look good."

They're definitely moving ground on some stuff on that end, though. There look to be some new apartments/townhomes just started and some elevator cores are up. Not sure what part that is for though.

Hmmm thanks for the info. Looking for my first home and I actually toured a condo over there yesterday and really liked it. It's right on the southern edge and would pretty much overlook the greenspace north of the tower that you could see in the next phase renderings. My interest is really dependent on whether that phase will actually move forward. Otherwise you really just see some crappy empty land and the highway. Waiting to see what the housing market looks like on the tail end of this.

Also, your original question was "will this hurt Columbus?" That is what I was addressing. Columbus is growing because jobs are growing here and young people are flocking here because of those jobs and because of Ohio State. While adding Akron to the Cleveland metro may help get some investment to Cleveland, I don't see how it would hurt that growth in Columbus. Ohio State isn't going to stop growing and attracting young people because Akron is now a part of Cleveland's metro.

Did we ever get an update on the tower phase of Jeffrey Park? Is that still moving?

I don't have the expertise to say for sure, but I would imagine growth is also an important factor for an investor. While, adding Akron would make the number bigger, it wouldn't increase growth percentages in NE Ohio.

People aren't moving to Columbus because they go online, compare the metro size of Cleveland, Cinci, and Columbus and then make their decision.