Wednesday, February 18, 2015

Downtown “Micro Living” Developments

Nearly a year ago, a redevelopment project at Front Street and Long Street was announced that would bring some much needed affordability to the Downtown core of Columbus. Three empty buildings in a prime location would be converted into “Workforce Housing”, a term used by Mayor Michael Coleman during the 2014 State of the City address.
“When we began this effort, I said that Downtown is everybody’s neighborhood — but when it comes to housing, it’s not,” stated Coleman last year. “Our success has been tempered because not everybody can live Downtown. If you cannot afford $2,500 rent for a two-bedroom apartment, then you cannot live Downtown, even if you work Downtown.”

Downtown “Micro Living” Developments

Nearly a year ago, a redevelopment project at Front Street and Long Street was announced that would bring some much needed affordability to the Downtown core of Columbus. Three empty buildings in a prime location would be converted into “Workforce Housing”, a term used by Mayor Michael Coleman during the 2014 State of the City address.
“When we began this effort, I said that Downtown is everybody’s neighborhood — but when it comes to housing, it’s not,” stated Coleman last year. “Our success has been tempered because not everybody can live Downtown. If you cannot afford $2,500 rent for a two-bedroom apartment, then you cannot live Downtown, even if you work Downtown.”

Thursday, February 12, 2015

Zillow’s Zestimates way off in some areas

When CBS This Morning co-host Norah O’Donnell asked the CEO of Zillow recently about the accuracy of the website’s automated property value estimates — known as Zestimates — she touched on one of the most sensitive perception gaps in American real estate.

Full Story HERE 

Zillow’s Zestimates way off in some areas

When CBS This Morning co-host Norah O’Donnell asked the CEO of Zillow recently about the accuracy of the website’s automated property value estimates — known as Zestimates — she touched on one of the most sensitive perception gaps in American real estate.

Full Story HERE 

Wednesday, February 11, 2015

2015 Economic Forecast Calls for 21,000 New Jobs in Columbus

Predicting that it’s going to be a pretty good year is an altogether rare and fun thing for an economist to say, but that’s exactly what Bill LaFayette, owner of Regiononmics, foresees for Columbus in 2015.
“[The Columbus Forecast] is calling for an increase in employment of about 21,000 in 2015,” LaFayette says. A 2.1 percent gain, that’s a touch above the predicted U.S. average of 2 percent.

More Good News for Columbus HERE 

2015 Economic Forecast Calls for 21,000 New Jobs in Columbus

Predicting that it’s going to be a pretty good year is an altogether rare and fun thing for an economist to say, but that’s exactly what Bill LaFayette, owner of Regiononmics, foresees for Columbus in 2015.
“[The Columbus Forecast] is calling for an increase in employment of about 21,000 in 2015,” LaFayette says. A 2.1 percent gain, that’s a touch above the predicted U.S. average of 2 percent.

More Good News for Columbus HERE 

Monday, February 9, 2015

Downtown City Core Growing

As Columbus awaits word on whether we will be chosen to host next year's Democratic National Convention, new numbers show the core of the Capital City growing even stronger.  Insiders believe our revitalized Downtown is one of the keys that's helped Columbus make it to the DNC's final three.
It's not exactly news that Downtown Columbus is in the midst of a residential renaissance.

Exciting Stuff Happening Downtown