columbus17

Funding is hard to keep tied down, and construction costs keep rising.

Yes

Housing in Columbus downtown is a little slow and rent/prices has not caught up with costs.

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.

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...

Needs more trees! No such thing as too much shade in this weather 🤣

Crawford Hoying must've ended up selling to them. Interesting...

Either lease buy out or embezzlement is what I'd think

Lots of grocers coming downtown now...

Holy crap I've never seen masonry done so horribly the black brick needs redone.

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.

Geez these guys need to lose money and walk on this it's horrible.

I agree the design is horrid

Installed wrong as well....

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.

I joked with Mack about why they didn't have whale tales there as well!

They can't even get phase 1 funded what in the world are they thinking...

I guess I'll see you then!

I had been told a different location... my thought it either the lease fell through on that or they put bids in on both. There also might be two...

TJ's is going elsewhere.

This gives NYC vibes. I kinda like it - but the light gray parts are horrible!

Well in their defense nothing they're knocking down is contributing anything more than a surface lot.

Donut shop haha

Spring Street one still hasn't started though...

It was an inside job. Just spoke with a county treasurer I know. They set up another LLC to buy it off themselves. If they didn't do this auction it would have gone to tax auction instead which they have no control over. They can manipulate the reserve/bid and know exactly what to put in to get it at this point. If they lost it it would've been a $9M loss. I'm frustrated but may swallow my pride and offer to work together if they'd actually cooperate - my plan worked and it worked well.