Columbus Partnership Q1 2021 Quarterly Report

Page 8

PLANNING AND DEVELOPMENT

8

145 SOUTH FRONT BUILDING PURCHASE

THE OHIO STATE UNIVERSITY

In March, the Partnership completed the purchase of the former Jobs and Family Services Building on the Scioto Mile. The 200,000-square-foot, sevenstory building has been vacant since 2007. We’ve partnered with Brad DeHays of Connect Realty and have a joint venture agreement that provides the Partnership with a valuable equity stake. An architectural design process is underway now, and Connect Realty will partner with us to redevelop the building over the next couple years.

Construction on the Interdisciplinary Research Facility at the Innovation District continues to make progress. When completed, the facility will serve multiple research disciplines, including biomedical, life sciences, engineering and environmental sciences. The Partnership, OSU, City of Columbus and State of Ohio continue working together to prepare for the development of the entire Innovation District, which will include residential units, an enhanced SciTech Corridor, office and innovation space, and ground floor retail.


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