Real Estate

Tyler Buchanan
Aug 16, 2022 - News

Art precedes wrecking ball in abandoned Woodcliff neighborhood

A birds-eye view of a row of painted houses in a blighted neighborhood.
Artists with Catalyst Columbus painted the sides of abandoned homes in Whitehall's Woodcliff neighborhood. Photo courtesy Brian Suiter

At the corner of Broad and Hamilton Streets in Whitehall, the sight of derelict condominiums has given way to vibrant walls of purple and blue.

  • The unusual display of public art has given the doomed condos a fresh look ahead of a massive redevelopment in the works there.

Columbus among top "live-work-play" cities

Illustration of an office cubicle with a roof like a house.
Illustration: Brendan Lynch/Axios

A total of 5,100 mixed-use apartments have been built in Columbus since 2012, making up 18% of all constructed units during that time frame, Axios' Sami Sparber reports.

Why it matters: Rental communities that include residential, office and retail space gained a foothold in the last decade, per a report from apartment search website RentCafe.

Columbus' real estate market isn't cooling just yet

Illustration of a white picket fence shaped like arrows trending upwards
Illustration: Sarah Grillo/Axios

Columbus' real estate market is holding steady for now.

Why it matters: We keep hearing about a market crash but, so far, local data doesn't support that.

Tyler Buchanan
Jul 13, 2022 - Politics

Apartments get city's OK amid dispute with MetroParks

An overhead look at a new apartment complex development site plan.
An overhead view of the Whittier Peninsula development site plan bordering Scioto Audubon MetroPark. Traffic is expected to enter via a one-way access road from the south, then exit onto Maier Place cutting through the park. Photo courtesy the City of Columbus

The city granted zoning permits to a new apartment complex site on the Whittier Peninsula despite vocal concerns about traffic congestion impacting Scioto Audubon MetroPark next door.

Why it matters: The project pits Columbus and Franklin County MetroParks against the city and developers in a coveted piece of land near the Scioto River.

Investors flood the Columbus housing market

Data: Redfin; Chart: Nicki Camberg/Axios

It's not just the Johnsons buying the house next door — it's also Johnson LLC.

Driving the news: Nearly 25% of Columbus homes sold in the first quarter of 2022 were purchased by housing investors, per new data from Redfin.

  • That was one of the highest percentages in the country.

Columbus homebuilding lags amid surging demand

Illustration: Maura Losch/Axios

Columbus ranks in the middle of its peers when it comes to building new homes in the U.S.

What they found: Columbus had 7.2 single-family building permits per 10,000 people in the first quarter of this year, per the latest analysis by real estate company Redfin.

Bond package would pay for new affordable housing

Photo illustration of Columbus Mayor Andrew Ginther with lines radiating from him.
Photo illustration: Allie Carl/Axios. Photo: Kirk Irwin/Getty Images

Voters will be asked to support a $1.5 billion bond package in November to fund new affordable housing projects and other public services.

Why it matters: The city's population is expected to keep growing long term, but the housing supply is not keeping up with demand.

This $8M mansion on the Scioto River is for sale

The interior of a Tuscan-style mansion.
Photos courtesy Sotheby's International Realty

If you've got $8 million lying around and dream of living in a decadent European-style estate without leaving Ohio, here's your chance.

Up for sale: A 32,675-square foot behemoth on the Scioto River.

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