The Pizzuti Companies and Capital University announced the formation of a joint venture to transform an existing surface parking lot in Columbus, Ohio, into a 145-unit apartment property.
The development will be located along South Grant Avenue, between Capital and Oak Streets, near Capital University Law School in Columbus.
Pizzuti’s latest multi-family project in the Discovery District of Columbus will include a six-story building with 145 apartment homes, 7,000 square feet of rooftop amenity space, 3,500 square feet of ground-floor restaurant space with outdoor dining, and structured parking.
Ranging from studios to two-bedrooms, units will feature quartz countertops with waterfall islands, stainless-steel appliances, lighting packages, wood-style flooring in kitchen, living, and bedrooms, Nest thermostats, illuminated mirrors and custom walk-in closets with wood shelving. Select units include expansive outdoor balconies or private pocket gardens.
Pizzuti’s announcement comes on the heels of the developer breaking ground on Library Park Phases I and II. Library Park is a micro-neighborhood consisting of six buildings, each holding its own distinct characteristics, from renovated historical apartment homes to spectacular new architecture.
Located close to nationally recognized hospital systems, several institutions of higher learning and next door to some of Columbus’ favorite cultural institutions including the Columbus Metropolitan Library and the Columbus Museum of Art, Library Park is designed to attract both young and established professionals, students, lifelong learners, and those wanting to live in the heart of a vibrant downtown neighborhood.
Lupton Rausch Architects, Inc. designed Library Park Phase III, and Corna Kokosing will serve as the general contractor. Construction on Phase III will begin immediately, and project completion is expected in Fall 2021. Library Park Phase I is currently leasing and Phase II is expected to be completed in October 2020.