The first phase of the Scioto Peninsula development will include three apartment buildings, two hotels, an office building and two parking garages. Eventually, plans call for 1,800 residences, 2 million square feet of offices, 400 hotel rooms and 200,000 square feet of retail on the site, immediately west of COSI Columbus.
Work is expected to begin in the spring on the first four buildings in the massive transformation of the Scioto Peninsula across the river from Downtown.
“This is the largest first phase of a development in the city’s history,” said Guy Worley, president and chief executive officer of the Columbus Downtown Development Corp., which is overseeing the project. “There’s never been a site in Columbus with this much density (built) this fast on this much land.”
Following road and utility work in the spring, construction will begin on two apartment buildings, a hotel and an office building in the development’s $250 million first phase, just west of COSI Columbus. In the fall, work is expected to start on a pair of connected parking garages.
Those buildings are scheduled to open in June 2022, offering 350 apartments in six- and 11-story buildings; a 197-room, eight-story hotel; a 240,000-square-foot, eight-story office building; and 1,400 spaces in the parking garages.
Animating the street level will be 45,000 square feet of shops and restaurants, including an industrial-looking, food-centered “market building″ as part of the hotel project.
The buildings are expected to soon be followed by another 11-story apartment building and a lower-priced hotel, completing the first phase of development, on 9 of the property’s 26 acres. The development is ultimately projected to include 1,800 residences, 2 million square feet of offices, 400 hotel rooms, and 200,000 square feet of retail.
“This is just the beginning,” Worley said. “This will really change the look of our city’s skyline.”
Worley presented plans for the first phase to the Downtown Commission on Tuesday with the help of developers pursuing the individual pieces: Daimler Group (offices); Rockbridge Capital (hotels); and Flaherty & Collins Properties (apartments).