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May 11, 2011
12:00PM - 2:45PM

NAIOP/Capital Crossroads SID Downtown Update

& Building Tour

LaVeque Tower

Approved for 1.5 hours of Real Estate CE credit.  Only $15!

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The Impact of Special Improvement Districts on Commercial Real Estate

Marc Conte, Research Director, Capital Crossroads and Discovery Special Improvement Districts

Lisa Defendiefer, Downtown Safety Coordinator, Capital Crossroads and Discovery Special Improvement Districts

Special improvement districts (“SIDs”) provide property owners with tools to provide management services routinely provided by shopping centers and mixed used developments such as Easton.  Are they effective?   Do SIDs have a measurable impact on the value of commercial property?   Learn about the following:

  • Measurable impact of downtown Columbus SIDs
  • Impact of SIDs on commercial property values

 

Downtown Update

Amy Taylor, Chief Operating Officer for the Columbus Downtown Development Corporation (CDDC) and Capitol South

  • Scioto Mile
  • Columbus Commons
  • Two-way conversion of Front Street
  • Rich and Main Street bridges

 

State of the Downtown Housing Market

Rob Vogt, Principal and Partner, Vogt Santer Insights

In 2010, more than 450 housing units opened in downtown, continuing an eight-year period of residential growth that has nearly doubled the amount of housing in the central business district.  Is the growth sustainable?   This session will include the following:

  • Changing demand for rental and for-sale housing
  • Forecasts for the next five years
  • Recently announced concepts
  • Impact of market-rate housing on downtown job growth

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