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Wednesday, June 7, 2017

“35-story mixed-use skyscraper” to replace current North Market parking lot

The North Market’s parking lot will eventually be home to a 35-story skyscraper, Columbus City Council member Michael Stinziano notes in his April newsletter.

According to the newsletter:

Mayor Andrew J. Ginther released the selection of development team of [sic] Wood Companies/Schiff Capital to lead the efforts for redeveloping the North Market parking lot site.

[This] project will transform the 138-space parking lot into a 35-story mixed-use skyscraper that will include a new public outdoor plaza [and] a public two-story grand atrium ...

Long-time North Market aficionados take note: The market we know and love won’t be going anywhere any time soon.

As Dan Eaton notes in Columbus Business First: “For the North Market, it’s an opportunity to expand in size and capabilities and solidify its revenue streams.”

Mr. Eaton writes:

The key piece of the project is the Grand Arcade, a two-story atrium that will connect the existing North Market building to the tower. It gives the market more than 10,000 square feet of additional space for tenants, seating and events. The current market is 26,000 square feet including 4,000 square feet upstairs.

And there’ll still be plenty of parking.

Per Mr. Eaton:

The No. 1 question to date, according to [Rick Harrison Wolfe, executive director of the North Market], and the likely question on the minds of many, is parking.

The new development will include an underground parking lot on about the same footprint as the current one at 130 spaces. The tower also will have 160 spaces on two floors of parking connected to the Vine Street garage.

Regarding the redevelopment of the North Market parking lot, Councilmember Stinziano said, “We want to make every corner of Columbus the best it can be."

"I look forward to continuing the conversation with residents and businesses about maximizing the potential of and transforming the existing parking lot into a thriving addition to the downtown landscape.”


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