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Updated 2 days ago, 11/25/2024
Why We Build Triplexes Downtown: Columbus Rezoning and Real Estate Explained
Why do we focus on building our stack triplex designs close to downtown Columbus instead of further out in the suburbs? It comes down to strategy, data, and maximizing value.
In Columbus, rezoning applications and council variances are essential tools that allow us to transform infill lots into valuable multi-family properties. These methods enable us to build closer to downtown, where demand for rental housing is higher and the market data strongly supports it.
Here’s why we prioritize building within one mile of downtown Columbus:
- Higher Property Values: Single-family homes in downtown Columbus sell for about 20% more than similar new construction in the suburbs.
- Stronger Rental Demand: Downtown rentals tend to command higher rents due to proximity to transit, hospitals, and major employment hubs.
- Convenience for Residents: Living downtown offers access to amenities and reduced commute times, making these properties highly attractive.
This approach ensures that our projects align with market trends, provide value to investors, and meet the housing needs of Columbus's growing urban population.
Want to know more about how rezoning works or have questions about Columbus real estate? Reach out below for insights or collaboration opportunities.
Contact Information:
Rob Ellis
Pink Development and Construction, LLC
City of Columbus General Contractor: #G09302
614-400-8762
PO Box 12128, Miami, FL 33101
Let’s build smarter, together.
- Robert Ellis