DTCL11

The root of that sentiment is often related to parking. The same arguments are being used to predict the fall of the North Market in Columbus as the area parking lots disappear. 'It will never survive without blocks of parking nearby!'

Surrounding stadium investments can be a bit of a boondoggle. There are more examples of promises of stadiums bringing more than parking lots and olive gardens but many fail to become fully realized. The idea of immediately seeing surrounding results is often difficult unless the stadium is already part of a larger, well thought out pre-planned district where land is already acquired and slated for resulting development. Could Cleveland support an MLS team, probably. But a 50k seat stadium, that's a bit steep for any MLS franchise. The sweet spot seems to be about 20k league wide.

I would say it could be a veiled criticism of NuCLEus but I would say it's off base. As has been discussed plenty here, it's not the city's red tape that has and is holding up NuCLEus, it's Stark's lack of funding and such high demands for public financing and benefits outside the norms that is holding it up. If Stark could/would have found more outside investors to help fund it using standard tax/public benefits, it would be half completed by now. I just can't get on board with the idea that city hall has held up this project through bureaucratic red tape. It also echos a line that Stark himself used in a recent blog post blaming the bureaucracy for holding up the city using scooters as an example.

Does anyone know if there have been any updates or movement on the Patrick Js or High/Tomkins projects. Nothing on site in terms of movement but was curious if there was anything behind the scenes (permits, approvals, etc) that have since taken place.

In some respects, that's the point. If Columbus wants a bigger boom, there needs to be more outside developers in Columbus like in Austin, Nashville, Charlotte, etc. But There are plenty of outside developers in our peer cities. 3 of the 5 largest recent and under construction residential projects in cleveland are managed and funded by New York, Chicago and Houston developers. A major $175 mil project at West Side Market is a Chicago Firm. Many other smaller projects in Cleveland are from outside firms as well. One Charlotte developer has converted 3 large historic building in downtown Cincy into hotels in the last 5 or so years alone. Several of the largest projects in Indy are outside developers from places like Wisconsin and even Cincy. Beyond size and aesthetics, sheer volume of being able to handle so many projects at once is an issue. To say that outside investment is only a sun belt, boom town, thing and our peers aren't seeing it is not accurate. Columbus is in the early stages of attracting outside urban developers and more should be encouraged. And it's all perspective because there are those like you that would say CLE and Cincy would kill to have what Columbus has and those in CLE and Cincy that laugh at what Columbus boasts. Each has their own merits and very different qualities. I grew up near one and have lived in another for 10 years. There is a very distinct old world vs new world approach to the 3 Cs. I have been to many of our peer cities in the midwest and sun belt, some for several weeks at a time. in the last 2 years and what Columbus has is very good. No doubt. But it can be better. Is what Columbus has better than Cleveland or Cincy? That's hard to quantify as all 3 have a lot going on and going for them. Laugh away but regardless of that perspective, there is truth to the fact that Columbus should not continue to rely on a handful of local developers if it wants to experience a better, faster, denser, more diverse boom. And I'm not just talking about tall buildings and skylines. Those look nice but it's really about density and the street level experience.

This. And start doing more to attract outside developers. Columbus won't see a major upward/rapid/modern expansion until outside developers are forced to maximize small plots of land unlike local developers who have acres and acres of unused land so they feel less pressure to maximize. I think if we start seeing big city firms invest in Columbus we will see a completely different level of development downtown/adjacent. Without that, unless it's a government assured/backed project, we are going to continue to struggle to break out of a mold with the exception of a few projects.

If you're referring to the AEP tower, that was before NRI and Nationwide using realty as a profit model through developments and apartment complex. Any other land swaps are usually part of a much larger deal nowadays.

You may be confusing Nationwide Realty and Nationwide Children's. Nationwide Children's has a real estate arm, Healthy Homes that focuses on low income housing and tax credits on the south side surrounding the hospital. They have no affiliation with Nationwide Mutual or NRI other than the fact that the sponsorship gives the name. Nationwide Realty Investments NRI is an arm of Nationwide Mutual focused solely on increasing the diversity of the company's economic portfolio and profits. NRI only does market rate and high end large scale developments for profit (Grandview Yard, Arena District) To my knowledge, NRI has not done any low income housing across its multistate portfolio. Only large scale developments. NRI does treat their developments much like an insurance company with conservative approaches. This is why I'm not particularly hopeful they bring anything groundbreaking to Franklinton or any of the acres upon acres of land they just sit on with no future plan. NRI won't sell either (except in this case) and they hold up potential development by holding so much unused land. Imagine it NRI sold a handful of plots downtown of in franklinton to a big city developer who is forced maximize their investment rather than have the knowledge that they own so much land that they cant keep up on.

Agreed. And part of me wants to make that corner of downtown a 'rainbow district' with more brightly colored buildings to play off the school and arts etc.

NuCLEus and Millenial should be in a separate category for in limbo and unlikely to materialize. Technically, millenial was approved for constructions in Jan 2018. There is also a $150 mil bond approved for a justice tower in the design phase for Franklin county that *may* hover around 300.