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columbus17

Key Tower 947'
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  1. Funding is hard to keep tied down, and construction costs keep rising.
  2. Housing in Columbus downtown is a little slow and rent/prices has not caught up with costs.
  3. The demand is oddly there - downtown is just slow to sell/lease as a whole. It's part of the reason so little new projects have started.
  4. There's next to no demand in this area it seems - absorption in OTE is very slow. Will be interesting to see how Trolley Barn does coming online with another 60+ apartment units in the works on Oak alone, not counting the number of townhomes/condos for sale or in the permit process. Trying to get a 13-unit development to work but everyone's taking massive losses and still can't sell...
  5. Needs more trees! No such thing as too much shade in this weather 🤣
  6. Crawford Hoying must've ended up selling to them. Interesting...
  7. Either lease buy out or embezzlement is what I'd think
  8. Lots of grocers coming downtown now...
  9. Holy crap I've never seen masonry done so horribly the black brick needs redone.
  10. Fire departments are a nightmare to work with. I remember a project they restricted us on because the building was too wide (it was a metal pole building. Like that's burning down easily). They caused quite a nightmare for Crawford Hoying on Bridge Park as well.
  11. Geez these guys need to lose money and walk on this it's horrible.
  12. I'd give it a run but my last deal like this in Cbus fell through and it was MUCH smaller. Similar type of situation though - gotta love distressed assets.