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| 1 | 1
STATE OF DOWNTOWN COLUMB
MID YEAR 2016
Prepared by
Capital Crossroads & Discovery
Special Improvement Districts
| 2 BROAD HIGH GAY GRANT RICH LONG THIRDSPRING
MAINFOURTH
NEIL FRONTCOLUMBUS COMMONSSTATEHOUSE
COLUMBUS
MUSEUMOF ART
TOPIARY
PARKCOLUMBUSMETROPOLITANLIBRARYHUNTINGTON
PARKNATIONWIDEARENA
Capital Crossroads
Special Improvement
District (CCSID)
is an association of more than 500 commercial and residential property owners in 38-square blocks of downtown Columbus.Its purpose is to support the
development of downtownColumbus as a clean, safe and fun
place to work, live and play.Hours of Operation:
6 a.m. - 11 p.m. Monday - Saturday;
9:30 a.m. - 6 p.m. Sunday
Discovery Special
Improvement District
(DSID) helps property owners create and maintain a safe, vibrant, diverse, distinctive and walkable mixed-use neighborhood.Discovery SID was formed in 2005
by property owners in the eastern area of downtown.Hours of Operation:
6 a.m. - 2 a.m. Monday-Friday;
8 a.m. - 2 a.m. Saturday
CUSTOMER SERVICE HOTLINE:
(614) 228-5718ABOUT THIS REPORT
The CCSID and DSID monitor and track information that gauges the vitality of the central business district. Unless otherwise specified, the content included is specific to the Downtown District: the area bounded by I-670, I-71, I-70, and the CSX railroad tracks. The following SID sta collected data for the contents of this report: Marc Conte, deputy director of research, Kacey Brankamp, director of strategic initiatives, and Shannon Fergus, project manager. All information is believed accurate at the time received. Where outside sources are used, attribution is provided. SID sta monitors and interprets downtown data covering a variety of areas, and every eort is given to provide the most accurate information possible. SID sta is available to provide custom research. Please contact Marc Conte at mvconte@sidservices.com or (614) 591-4507 for more information.CAPITAL CROSSROADS SPECIAL IMPROVEMENT DISTRICT
DISCOVERY SPECIAL IMPROVEMENT DISTRICT
DOWNTOWN DISTRICT
ABOUT US
| 2 | 304 Report Highlights
05Major Inv
estments 10Housing & R
esidents 16 Emplo yment & Oice Market 21Educ ation 23
R etail 26
Hospit
ality & Attractions 28T ransportation & Land Use 31
City of Columbus Inc
entivesTABLE OF
CONTENTS
| 4 70.3%Occupancy Rate
9New Businesses in
1st Half 2016
330+Retail Goods & Services
Businesses
68,550
Cars Daily Commuting
into Downtown 23%Downtown Land is
surface parkingNew HotelsPlanned
REPORT HIGHLIGHTS
$1.2 BillionPROPOSED
EDUCATIONEMPLOYMENT & OFFICEHOUSING & RESIDENTS
RETAIL
TRANSPORTATION & LAND USEMAJOR INVESTMENTS
7,945Residents
5Colleges & Universities
32,372
College Students
84,367
Workers
11.4%Oice Vacancy Rate
$501 MillionUNDER CONSTRUCTION
$65 MillionCOMPLETED 1st HALF 2016
HOSPITALITY & ATTRACTIONS
97%Apartment
Occupancy
4 | 4 | 5MAJOR INVESTMENTS
AT A GLANCE
$1.2 Billion ProposedI-70/71 Interchange ($845 Million)
Largest Project
$501 Million Under ConstructionConvention Center Upgrades ($125 Million)
Largest Project
$65 Million Completed First Half 2016Main Library Renovation($30 Million)
Largest Project
$2 Billion Private and Public Investment since 2006HIGHLIGHTS
Several major projects were completed in the first half of 2016: theColumbus Metropolitan Library
Main Library renovation
, theGoodale Parking Garage at the Convention Center
, andMicroliving
@ 260 S. Fourth St. The most noteworthy new proposed project is the 25-storyMillennial Tower
planned for the corner of Front and Rich Streets by Arshot Investment Corp. The proposed "verticalcity" includes two stories of retail, six stories of parking, 180,000 square feet of oice and about 100
residential units with an amenities floor. The