Columbus New Construction & Proposed Multifamily Projects 1Q18 · 4 Legacy at Jeffrey Park, The 266...
Transcript of Columbus New Construction & Proposed Multifamily Projects 1Q18 · 4 Legacy at Jeffrey Park, The 266...
Columbus New Construction & Proposed Multifamily ProjectsID PROPERTY UNITS1 Sunbury Pointe 1462 Eagle Pointe at Heritage Preserve 2803 Wellington, The 1654 Legacy at Jeffrey Park, The 2665 Wilson Place, The 686 Landmark Lofts 2047 Greyson at Hickory Chase, The 4928 View on Grant, The 809 Bridge Park Phase II 17110 Tuller Flats 42011 Neilston, The 12912 Residences at the Pointe, The 21613 Pointe, The 21814 Mirada Phase II 13215 View at Polaris, The 24016 Legacy Pointe Phase IIB 8717 Powell Grand 30818 Hawthorne Commons 8619 Avenue at Polaris Phase II, The 13720 Ashton Village 148
Total Lease-Up 3,99321 Norton Crossing 27022 HQ Flats 34223 Avery Road & Hayden Run Road 31824 Residences at Bedford Place Phase III 6025 Quinn, The 15326 Exchange Phase II, The 10427 Redbud Commons 9528 Hubbard Park Place 10129 Arbor, The 16330 Gravity Project 24131 1525 North High Street 9532 Ravines at Westar Phase II, The 10833 River & Rich 23034 1398 North High Street 15635 View on Pavey Square 8136 Market & Main 13037 Castle, The 10538 330 Oak Street 10439 80 on the Commons 11840 85 North High Street 22441 LC RiverSouth High Street 11042 Carrington Ridge Phase II 50
Total Under Construction 3,35843 175 East Town Street 12444 265 East State Street 22445 871 Michigan Avenue 25046 Capital University 10047 Grant Oak Redevelopment 12048 High and Cherry 12049 Ingleside Avenue 25050 LC Matan 10551 LC RiverSouth Phase III 13752 Market Tower 18053 Millennial Tower 13854 Thurber Square Phase II 5055 1088 North High Street 20056 Acorn 19657 Grandview Mercantile Redevelopment 10058 Legacy Pointe Phase IV 87
59 Yardley, The 7860 Grandview Crossing 90061 Battelle 30562 Beeker 9063 Addison Woods 5664 3001 Bethel Road 7265 Dresden Village 61466 Ave, The 30167 Fenimore, The 18068 HQ Flats Phase II 10069 Wendler Commons 6270 Taylor Road 24071 Beulah Park Redevelopment 38072 Residences at Brown's Farm, The 23973 Powell Crossing 6474 Candlelight Lane 17675 Edge at Polaris, The 26376 Ravines at Westar Phase III, The 10077 Cherry Valley 10078 Longaberger Building, The 10079 Parsons Village Phase II 6080 Shawnee Grove 50
Total Planned 6,91181 154 North 3rd Street 8082 195 East Main Street 10683 230 East Long Street 23484 497 East Town Street 10085 640 West Nationwide 28086 East Broad Street 10087 Fourth Street & State Street 5088 High & Long 10089 Motorist Insurance 10590 View on Long 9591 White Castle 30092 High Street & West Third Avenue 11693 East Market at Franklin Park 7894 247 - 257 Livingston 5095 3241 McKinley Avenue 48196 Mount Carmel West Campus 10097 Scioto Peninsula 180098 Ackerman Road & Olentangy River Road 23799 Kenny Road & Woody Hayes Drive 450
100 Prime Place 50
101 Cassady Village Redevelopment 98102 Parsons Place 62
103 2575 Walcutt Road 128
104 Gateway Lofts 269
105 Marble Cliff Quarry 600106 2725 North High 100107 Graceland 200108 170 East Broadway Avenue 250109 7099 Harlem Road 96110 South State Street & Cherrington Road 50111 Ulry Road & Warner Road 244112 Easton Town Center 500113 6261 Wright Road 260114 Ables Golf on Avery Redevelopment 550115 Avondale Woods 102116 Shier Rings 231117 NorthGate Centre Residential 140
a Berkshire Hathaway and Leucadia National company
1Q18
118 Atwater Crossing 58
119 Jacquemin Farms Village 300
120 Woodside 856
121 Burr Oak Commons 92
122 Preserve at Quail Pass Phase III 105
123 Willowbrook 180
124 Main Street Square 95
125 Poindexter Phase III 84
Total Prospective 10,562
Lease-Up
Under Construction
Planned
Prospective
LEGEND
1
26
713
910
18
17
1415 19
12 20
4
16811
4224
21
27
2622
36
32
23
35
77
7473
65
64
66
63
71
72
69
70
6768
7576
78
8786
89
84
83
92
125
8190
88
106
10099
98
4344
4658
47
61
4945
54
59
57
55
56
62
66
60
120
121
123 122
117
112
113
111
109
101
107114
116
119
108110
118
85
91
97
94
102
82124
93
96
115
103104
10595
333941
38
29
28
37
3431
3040
25
35
51
7980
52
485053
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
1 Sunbury Pointe 2199 Rushmore Lane Sunbury OH 43074 Lease-Up 146 Sunbury 03/17/2017 12/31/2018 12/10/2017
2 Eagle Pointe at Heritage Preserve 6631 Tanager Lane Hilliard OH 43026 Lease-Up 280 Hillard 06/12/2016 10/31/2018 01/07/2018
3 Wellington, The 11 East 17th Avenue Columbus OH 43201 Lease-Up 165 University 10/03/2016 08/31/2018 10/31/2017
4 Legacy at Jeffrey Park, The 723 Civitas Avenue Columbus OH 43215 Lease-Up 266 Columbus-Downtown 11/01/2016 08/31/2018 10/09/2017
5 Wilson Place, The 15 East Lane Avenue Columbus OH 43201 Lease-Up 68 University 01/16/2017 07/31/2018 02/06/2018
6 Landmark Lofts 5260 Franklin Street Hilliard OH 43026 Lease-Up 204 Hillard 05/06/2016 06/30/2018 09/11/2017
7 Greyson at Hickory Chase, The 4460 Mountain Laurel Road Hilliard OH 43026 Lease-Up 492 Hillard 03/17/2017 06/30/2018 07/01/2017
8 View on Grant, The 358 Mt Vernon Avenue Columbus OH 43215 Lease-Up 80 Columbus-Downtown 12/15/2016 06/30/2018 05/05/2017
9 Bridge Park Phase II 6634 Riverside Drive Dublin OH 43017 Lease-Up 171 Dublin 10/01/2016 06/30/2018 01/09/2017
10 Tuller Flats 4260 Tuller Road Dublin OH 43017 Lease-Up 420 Dublin 11/16/2015 06/30/2018 06/01/2016
11 Neilston, The 315 East Long Street Columbus OH 43215 Lease-Up 129 Columbus-Downtown 01/01/2016 05/31/2018 10/02/2017
12 Residences at the Pointe, The 8900 Lyra Drive Columbus OH 43240 Lease-Up 216 Lewis Center 06/01/2016 05/31/2018 10/02/2017
13 Pointe, The 4890 Edwards Farms Road Hilliard OH 43026 Lease-Up 218 Hillard 05/25/2016 05/31/2018 03/01/2017
14 Mirada Phase II 1 Mirada Drive North Lewis Center OH 43035 Lease-Up 132 Lewis Center 03/01/2017 04/30/2018 01/01/2018
15 View at Polaris, The 601 Flarestar Avenue Columbus OH 43240 Lease-Up 240 Lewis Center 06/01/2016 04/30/2018 08/01/2017
16 Legacy Pointe Phase IIB 1245 Mount Vernon Avenue Columbus OH 43203 Lease-Up 87 Near East 11/01/2016 04/30/2018 06/26/2017
17 Powell Grand 3400 Club Way Court Powell OH 43065 Lease-Up 308 Powell 04/20/2016 04/30/2018 05/01/2017
18 Hawthorne Commons 7533 Sawmill Road Dublin OH 43016 Lease-Up 86 Dublin 10/03/2016 04/30/2018 02/01/2017
19 Avenue at Polaris Phase II, The 8321 Seattle Avenue Columbus OH 43240 Lease-Up 137 Lewis Center 04/01/2016 04/30/2018 01/30/2017
20 Ashton Village 20 Ashton Village Drive Westerville OH 43082 Lease-Up 148 Westerville 06/01/2016 04/30/2018 12/16/2016
TOTAL LEASE-UP 3,993
21 Norton Crossing East Broad Street & South Hamilton Road Whitehall OH 43213 Under Construction 270 Whitehall 12/18/2017 11/30/2020
22 HQ Flats 6249 Walton Breck Way Westerville OH 43081 Under Construction 342 Westerville 05/02/2017 02/29/2020
23 Avery Road & Hayden Run Road NEC Avery Road & Hayden Run Road Hilliard OH 43026 Under Construction 318 Dublin 04/03/2017 03/31/2019
24 Residences at Bedford Place Phase III 8453 Diversey Loop Blacklick OH 43004 Under Construction 60 Blacklick 12/10/2017 12/31/2018
25 Quinn, The 1341 Norton Avenue Columbus OH 43212 Under Construction 153 University 09/08/2017 10/31/2018
26 Exchange Phase II, The 6224 Central College Road New Albany OH 43054 Under Construction 104 New Albany 09/01/2017 10/31/2018
27 Redbud Commons 602 Redbud Road Pickerington OH 43147 Under Construction 95 Fairfield 10/02/2017 10/31/2018
28 Hubbard Park Place 786 Park Street Columbus OH 43215 Under Construction 101 Victorian Village 05/02/2016 08/31/2018
29 Arbor, The 482 South Lane Street Columbus OH 43206 Under Construction 163 Columbus-Southside 01/02/2017 08/31/2018
30 Gravity Project 500 West Broad Street Columbus OH 43215 Under Construction 241 Franklinton 07/17/2017 08/31/2018
31 1525 North High Street 1525 North High Street Columbus OH 43201 Under Construction 95 University 02/01/2017 08/31/2018
32 Ravines at Westar Phase II, The 799 Warwick Drive Westerville OH 43082 Under Construction 108 Lewis Center 07/17/2017 08/31/2018
33 River & Rich 230 West Rich Street Columbus OH 43215 Under Construction 230 Franklinton 04/03/2017 07/31/2018
34 1398 North High Street 1398 North High Street Columbus OH 43201 Under Construction 156 University 03/31/2017 07/31/2018
35 View on Pavey Square North High Street & West Northwood Avenue Columbus OH 43201 Under Construction 81 University 08/23/2017 07/31/2018
36 Market & Main 192 West Main Street New Albany OH 43054 Under Construction 130 Gahanna 07/10/2017 07/31/2018
37 Castle, The 965 North High Street Columbus OH 43201 Under Construction 105 Victorian Village 10/01/2016 06/30/2018
38 330 Oak Street 330 Oak Street Columbus OH 43215 Under Construction 104 Columbus-Downtown 03/01/2017 04/30/2018
39 80 on the Commons 225 South 3rd Street Columbus OH 43215 Under Construction 118 Columbus-Downtown 12/19/2016 04/30/2018
40 85 North High Street 85 North High Street Columbus OH 43215 Under Construction 224 Columbus-Downtown 01/01/2016 04/30/2018
41 LC RiverSouth High Street 209 South High Street Columbus OH 43215 Under Construction 110 Columbus-Downtown 03/01/2014 04/30/2018
42 Carrington Ridge Phase II 312 Foxtail Drive Pataskala OH 43062 Under Construction 50 Pataskala 11/06/2017 04/30/2018
TOTAL UNDER CONSTRUCTION 3,358
43 175 East Town Street 175 East Town Street Columbus OH 43215 Planned 124 Columbus-Downtown
44 265 East State Street 265 East State Street Columbus OH 43215 Planned 224 Columbus-Downtown
45 871 Michigan Avenue 871 Michigan Avenue Columbus OH 43215 Planned 250 Columbus-Downtown
46 Capital University South Grant Avenue & Oak Street Columbus OH 43215 Planned 100 Columbus-Downtown
47 Grant Oak Redevelopment 66 South Grant Avenue Columbus OH 43215 Planned 120 Columbus-Downtown
48 High and Cherry 255 South High Street Columbus OH 43215 Planned 120 Columbus-Downtown
49 Ingleside Avenue 871 Ingleside Avenue Columbus OH 43215 Planned 250 Columbus-Downtown
50 LC Matan West Cherry Street & South Front Street Columbus OH 43215 Planned 105 Columbus-Downtown
51 LC RiverSouth Phase III 229 South High Street Columbus OH 43215 Planned 137 Columbus-Downtown
52 Market Tower Park Street & Spruce Street Columbus OH 43215 Planned 180 Columbus-Downtown
53 Millennial Tower South Front Street & West Rich Street Columbus OH 43215 Planned 138 Columbus-Downtown
54 Thurber Square Phase II 840 Thurber Drive West Columbus OH 43215 Planned 50 Columbus-Downtown
55 1088 North High Street 1088 North High Street Columbus OH 43201 Planned 200 Victorian Village
56 Acorn 324 East 2nd Avenue Columbus OH 43201 Planned 196 Victorian Village
57 Grandview Mercantile Redevelopment 873 North High Street Columbus OH 43215 Planned 100 Victorian Village
Source: Yardi Matrix
Columbus New Construction & Proposed Multifamily Projects
Source: Yardi Matrix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
58 Legacy Pointe Phase IV 1245 Mount Vernon Avenue Columbus OH 43203 Planned 87 Near East
59 Yardley, The 122 Parsons Avenue Columbus OH 43215 Planned 78 Near East
60 Grandview Crossing Dublin Road & Grandview Avenue Columbus OH 43215 Planned 900 Grandview Heights
61 Battelle West 5th Avenue & Perry Street Columbus OH 43201 Planned 305 University
62 Beeker 115 East 5th Avenue Columbus OH 43201 Planned 90 University
63 Addison Woods 1648 North Wilson Road Columbus OH 43204 Planned 56 Hillard
64 3001 Bethel Road 3001 Bethel Road Columbus OH 43220 Planned 72 Northwest Columbus
65 Dresden Village 7000 Bent Tree Blvd Columbus OH 43235 Planned 614 Northwest Columbus
66 Ave, The 3640 Indianola Avenue Columbus OH 43214 Planned 301 Clintonville
67 Fenimore, The Central College Road & Hamilton Road Westerville OH 43081 Planned 180 Westerville
68 HQ Flats Phase II 6249 Walton Breck Way Westerville OH 43081 Planned 100 Westerville
69 Wendler Commons 4854 Wendler Blvd Columbus OH 43230 Planned 62 Gahanna
70 Taylor Road 9370 Taylor Road Reynoldsburg OH 43068 Planned 240 Reynoldsburg
71 Beulah Park Redevelopment 3811 Southwest Blvd Grove City OH 43123 Planned 380 Grove City
72 Residences at Brown's Farm, The 5273 Haughn Road Grove City OH 43123 Planned 239 Grove City
73 Powell Crossing 147 West Olentangy Street Powell OH 43065 Planned 64 Powell
74 Candlelight Lane 8835 South Old State Road Lewis Center OH 43035 Planned 176 Lewis Center
75 Edge at Polaris, The 510 Lazelle Road Columbus OH 43206 Planned 263 Lewis Center
76 Ravines at Westar Phase III, The 799 Warwick Drive Westerville OH 43082 Planned 100 Lewis Center
77 Cherry Valley 2023 Cherry Valley Road Newark OH 43055 Planned 100 Newark
78 Longaberger Building, The 1500 East Main Street Newark OH 43055 Planned 100 Newark
79 Parsons Village Phase II 1833 South Parsons Avenue Columbus OH 43207 Planned 60 Far South
80 Shawnee Grove 1875 Hitler Road 1 Circleville OH 43113 Planned 50 Pickaway
TOTAL PLANNED 6,911
81 154 North 3rd Street 154 North 3rd Street Columbus OH 43215 Prospective 80 Columbus-Downtown
82 195 East Main Street 195 East Main Street Columbus OH 43215 Prospective 106 Columbus-Downtown
83 230 East Long Street 230 East Long Street Columbus OH 43215 Prospective 234 Columbus-Downtown
84 497 East Town Street 497 East Town Street Columbus OH 43215 Prospective 100 Columbus-Downtown
85 640 West Nationwide 640 West Nationwide Blvd Columbus OH 43215 Prospective 280 Columbus-Downtown
86 East Broad Street 350 East Broad Street Columbus OH 43215 Prospective 100 Columbus-Downtown
87 Fourth Street & State Street South 4th Street & East State Street Columbus OH 43215 Prospective 50 Columbus-Downtown
88 High & Long NEC North High Street & East Long Street Columbus OH 43215 Prospective 100 Columbus-Downtown
89 Motorist Insurance East Oak Street & South Washington Avenue Columbus OH 43215 Prospective 105 Columbus-Downtown
90 View on Long 55 East Long Street Columbus OH 43215 Prospective 95 Columbus-Downtown
91 White Castle 555 West Goodale Blvd Columbus OH 43215 Prospective 300 Columbus-Downtown
92 High Street & West Third Avenue 1081 North High Street Columbus OH 43201 Prospective 116 Victorian Village
93 East Market at Franklin Park Kelton Avenue & Oak Street Columbus OH 43205 Prospective 78 Near East
94 247 - 257 Livingston 247 East Livingston Avenue Columbus OH 43215 Prospective 50 Columbus-Southside
95 3241 McKinley Avenue 3241 McKinley Avenue Columbus OH 43204 Prospective 481 Franklinton
96 Mount Carmel West Campus South Souder Avenue & West Town Street Columbus OH 43222 Prospective 100 Franklinton
97 Scioto Peninsula SWC Belle Street & West Broad Street Columbus OH 43215 Prospective 1800 Franklinton
98 Ackerman Road & Olentangy River Road Ackerman Road & Olentangy River Road Columbus OH 43202 Prospective 237 University
99 Kenny Road & Woody Hayes Drive NEC Kenny Road & Woody Hayes Drive Columbus OH 43210 Prospective 450 University
100 Prime Place 200 West Norwich Avenue Columbus OH 43201 Prospective 50 University
101 Cassady Village Redevelopment 3089 Cassady Village Trail Columbus OH 43218 Prospective 98 Northeast Columbus
102 Parsons Place 350 East Barthman Avenue Columbus OH 43207 Prospective 62 Far South
103 2575 Walcutt Road 2575 Walcutt Road Hillard OH 43026 Prospective 128 Hillard
104 Gateway Lofts 2327 Old Dublin Road Dublin OH 43016 Prospective 269 Hillard
105 Marble Cliff Quarry Dublin Road & Trabue Road Columbus OH 43201 Prospective 600 Hillard
106 2725 North High 2725 North High Street Columbus OH 43202 Prospective 100 Clintonville
107 Graceland Graceland Blvd & North High Street Columbus OH 43214 Prospective 200 Clintonville
108 170 East Broadway Avenue 170 East Broadway Avenue Westerville OH 43081 Prospective 250 Westerville
109 7099 Harlem Road 7099 Harlem Road Westerville OH 43081 Prospective 96 Westerville
110 South State Street & Cherrington Road South State Street & Cherrington Road Westerville OH 43081 Prospective 50 Westerville
111 Ulry Road & Warner Road Ulry Road & Warner Road Westerville OH 43081 Prospective 244 Westerville
112 Easton Town Center Easton Way & Stelzer Road Columbus OH 43219 Prospective 500 Minerva Park
113 6261 Wright Road 6261 Wright Road Canal Winchester OH 43110 Prospective 260 Canal Winchester
114 Ables Golf on Avery Redevelopment 5300 Avery Road Dublin OH 43016 Prospective 550 Dublin
Columbus New Construction & Proposed Multifamily Projects
© 2018 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx
Source: Yardi Matrix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
115 Avondale Woods Avery Road & Avondale Blvd Dublin OH 43016 Prospective 102 Dublin
116 Shier Rings Cosgray Road & Shier Rings Road Dublin OH 43016 Prospective 231 Dublin
117 NorthGate Centre Residential Highway 36 & South Wilson Road Sunbury OH 43074 Prospective 140 Sunbury
118 Atwater Crossing Atwater Avenue & Morris Road Circleville OH 43113 Prospective 58 Pickaway
119 Jacquemin Farms Village 7437 Hyland Croy Road Dublin OH 43064 Prospective 300 Union
120 Woodside Columbus Avenue & Dunham Street Marysville OH 43040 Prospective 856 Union
121 Burr Oak Commons South Section Line Road& State Route 37 West Delaware OH 43015 Prospective 92 Delaware
122 Preserve at Quail Pass Phase III 20 Bur Reed Road Delaware OH 43015 Prospective 105 Delaware
123 Willowbrook DiGenova Way & South Houk Road Delaware OH 43015 Prospective 180 Delaware
124 Main Street Square South 17th Street & East Main Street Columbus OH 43205 Prospective 95 Near East
125 Poindexter Phase III SEC Mt Vernon Avenue & North Champion Street Columbus OH 43203 Prospective 84 Near East
TOTAL PROSPECTIVE 10,562
TOTAL COLUMBUS 24,824
Columbus New Construction & Proposed Multifamily Projects
© 2018 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx