High-rise projects in Columbus “press forward” despite pandemic

Several high-rise construction projects representing “the first skyline-altering additions” to Columbus in a decade are moving forward despite the effects of the COVID-19 pandemic, Columbus Business First reports. The $192-million North Market tower, the 1.75-million-square-foot Whittier Peninsula mega-development, and the $150-million Millennial Tower are all still pressing forward, according to the article. And while hotels, “an anchor tenant of many high-rise projects,” have seen significantly lowered occupancy rates in recent months, the Hilton Columbus Downtown “isn’t slowing plans for its 28-story, $220 million expansion.” Don Brown, executive director of the Franklin County Convention Facilities Authority, said, “[w]e’re confident the demand is there for 2022 and beyond.” For more, read the full article.

 

Economic Development, State Updates