Columbus Partnership buys downtown building for $3M as part of recovery plan

The private, nonprofit Columbus Partnership, a “collection of the area’s most powerful corporations,” has purchased the state office building at 145 S. Front Street for $3 million as the group focuses on revitalizing downtown Columbus, The Columbus Dispatch reports. Partnership CEO Alex Fischer said a healthy downtown is a key asset to the entire region from an economic development standpoint, and the area “is in a more precarious position than it was before the pandemic,” making the focus on downtown more urgent, according to the article. Developer Brad DeHays is working with the Partnership on plans to “turn the seven-story building into a mix of offices, retail space and residences.” For more, read the full article.

Economic Development, State Updates