The Pizzuti Companies has closed on the purchase of the former Grant Oak Apartments in Columbus, Ohio, and construction is scheduled to begin immediately.
Located at the southeast corner of Grant Avenue and Oak Street in the Discovery District of downtown Columbus, the redevelopment is a combination of renovation, new construction and site improvements.
Phase one of the redevelopment focuses on a renovation of the four westernmost buildings and will result in 70 market-rate, studio and one-bedroom units. Interior renovations include restoring the original parquet floors, wainscoting and built-in bookcases. Exterior renovations consist of masonry tuckpointing and painting.
Units will also undergo extensive upgrades, including all new baths and kitchens featuring quartz countertops and stainless-steel appliances, brand new mechanicals and electrical systems, as well as complete common area improvements. Exterior improvements include modern new entry doors with Thermo-Ash wood surrounds and new entry stoops and handrails. Construction on phase one will begin immediately and units are scheduled to welcome the first residents in the Spring of 2020.
