ATLANTA, GA (Sept. 5, 2012) – Carter, one of the nation’s largest investment, development and advisory firms, announced today it has commenced construction on the second phase of a mixed-use project at Columbus Commons in downtown Columbus, Ohio. Carter, along with local equity partners Bob Weiler and Don Kelley, is moving forward with the $50 million project, which is a redevelopment of the former Columbus City Center mall that was dismantled in October 2009 to create a public park and spark future development. (top left rendering)
Recently named HighPoint at Columbus Commons, the 325,000-square-foot residential and retail development will add 301 residential units atop 23,000 square feet of first-floor retail space to a well-known, high-profile area of the city.
A number of public and private investments, including Columbus Commons and the Scioto Mile, have helped to transform this area of downtown Columbus and are serving as catalysts for private investments like HighPoint. Residents and visitors can expect to see 10-15-foot construction fences going up around the site during the coming weeks, with work beginning on underground utilities and foundations before the end of the month. The project is scheduled to be completed by December of next year.
“The location of this development on Columbus Commons is a huge amenity,” said Conor McNally (top right photo), chief development officer at Carter.
“We are excited and honored to be a part of such an important project for an incredible city. HighPoint at Columbus Commons is the next step in an exciting mixed-use re-development plan for this site. We are delighted to build on the momentum that the park has created in the short time since it opened last year.”
Located on the west side of the park, along South High Street, HighPoint will comprise two acres on the Columbus Commons site.
For a complete copy of the company’s news release, please contact:
Wilbert News Strategies
Tony Wilbert
404-965-5022 or 404-405-3656
Hadley Creekmuir
Wilbert News Strategies
O: 404.343.4080
C: 404.556.0010
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