the wellington - casto · university, the wellington is a six-story, mixed-use project with ±...

4
Inspired ideas. Integrated real estate solutions. www.castoinfo.com Located across from the center of campus at The Ohio State University, The Wellington is a six-story, mixed-use project with ± 46,000 square feet of prime retail and restaurant space, adjacent parking, and 400+ residents in the residential component above the street-level retail. Retailers are located steps from a new 28,000 s.f. Target and have exceptional visibility and location on High Street. The university provides more than 91,000 faculty, staff and students within immediate proximity of the project. The property is situated at the heart of campus, just feet from the university’s 15 TH & High redevelopment project, which will be the main pedestrian corridor between the core campus and the university’s new cultural epicenter at 15 TH & High. • Adjacent parking to be constructed within OSU’s redevelopment • Pedestrian: 1,000+ pedestrians cross High Street at 15th Avenue during peak hour; 815 pedestrians use crosswalks in the academic campus during 15-minute period from 11:15 a.m. - 11:30 a.m. • 8,344 people live within a 5-minute walk radius; 26,454 live within a 10-minute walk radius • OSU’s enhanced pedestrian circulation plan to include: improved pedestrian safety, access and visibility; two-way vehicular traffic on 16 th Avenue, 17 th Avenue and Pearl Street Leasing Contact Eric Leibowitz [email protected] 614.744.2027 Direct | 614.228.5331 Office Brent Myers [email protected] 614.744.2208 Direct | 614.228.5331 Office Population 5-Mile Radius Current Estimated Population 391,353 Projected Population (5 Years) 417,666 2010 Census Population 337,539 University Population 91,000 Households Current Estimated Households 167,215 Projected Households (5 Years) 176,374 2010 Census Households 144,309 E. 17 th Ave. E. 16 th Ave. E. 12 th Ave. N. Pearl St. N. High St. Woodruff Ave. Indianola Ave. Location N. High Street between 16 th & 17 th Avenues, Columbus, Ohio (40.0008,-83.0082) Click to navigate to Google Maps Traffic Counts High Street: 14,388 Income 5-Mile Radius Average Household Income $74,047 Household Income $50,000+ 50.6% Median Age 33 years Daytime Demographics Number of Businesses 21,563 Number of Employees 342,658 Total Daytime Population 458,244 Consumer Expenditures Total Retail Expenditures $4.39 B Per Household per Month $2,187 Key Demographics 5/28/2020 | c16h-overview The Wellington The Ohio State University | Columbus, Ohio | ±46,000 square feet

Upload: others

Post on 06-Aug-2020

65 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: The Wellington - CASTO · University, The Wellington is a six-story, mixed-use project with ± 46,000 square feet of prime retail and restaurant space, adjacent parking, and 400+

Inspired ideas. Integrated real estate solutions. www.castoinfo.com

Located across from the center of campus at The Ohio State University, The Wellington is a six-story, mixed-use project with ± 46,000 square feet of prime retail and restaurant space, adjacent parking, and 400+ residents in the residential component above the street-level retail. Retailers are located steps from a new 28,000 s.f. Target and have exceptional visibility and location on High Street. The university provides more than 91,000 faculty, staff and students within immediate proximity of the project. The property is situated at the heart of campus, just feet from the university’s 15TH & High redevelopment project, which will be the main pedestrian corridor between the core campus and the university’s new cultural epicenter at 15TH & High.

• Adjacent parking to be constructed within OSU’s redevelopment • Pedestrian: 1,000+ pedestrians cross High Street at 15th Avenue

during peak hour; 815 pedestrians use crosswalks in the academic campus during 15-minute period from 11:15 a.m. - 11:30 a.m.

• 8,344 people live within a 5-minute walk radius; 26,454 live within a 10-minute walk radius

• OSU’s enhanced pedestrian circulation plan to include: improved pedestrian safety, access and visibility; two-way vehicular traffic on 16th Avenue, 17th Avenue and Pearl Street

Leasing Contact Eric Leibowitz [email protected] 614.744.2027 Direct | 614.228.5331 Office

Brent Myers [email protected] 614.744.2208 Direct | 614.228.5331 Office

Population 5-Mile Radius

Current Estimated Population 391,353

Projected Population (5 Years) 417,666

2010 Census Population 337,539

University Population 91,000

Households

Current Estimated Households 167,215

Projected Households (5 Years) 176,374

2010 Census Households 144,309

E. 17th Ave.E. 16

th Ave.

E. 12th Ave.

N. P

earl St.

N. H

igh St.

Woodru� Ave.

Indiano

la Ave.

LocationN. High Street between 16th & 17th Avenues, Columbus, Ohio (40.0008,-83.0082) Click to navigate to Google Maps

Traffic CountsHigh Street: 14,388

Income 5-Mile Radius

Average Household Income $74,047

Household Income $50,000+ 50.6%

Median Age 33 years

Daytime Demographics

Number of Businesses 21,563

Number of Employees 342,658

Total Daytime Population 458,244

Consumer Expenditures

Total Retail Expenditures $4.39 B

Per Household per Month $2,187

Key Demographics

5/28/2020 | c16h-overview

The WellingtonThe Ohio State University | Columbus, Ohio | ±46,000 square feet

Page 2: The Wellington - CASTO · University, The Wellington is a six-story, mixed-use project with ± 46,000 square feet of prime retail and restaurant space, adjacent parking, and 400+

Inspired ideas. Integrated real estate solutions. www.castoinfo.com

The WellingtonThe Ohio State University | Columbus, Ohio | ±46,000 square feet

N H

IGH

ST

RE

ET

N H

IGH

ST

RE

ET

AVAILABLE+/- 3,256 S.F. *

Lob

by

ServiceArea

* Available RETAIL can be sub-divided

E. 16E. 16THTH Avenue Avenue

N. P

earl Street

N. P

earl Street

NE

W SID

EW

ALK

NE

W SID

EW

ALK

WIDENED SIDEWALK

NEW ON-STREET PARKING

WIDENED SIDEWALK

NEW ON-STREET PARKING

New Traffic Signal

WIDENED SIDEWALK

NEW ON-STREET PARKING

E. 17E. 17THTH Avenue Avenue

NE

W SID

EW

ALK

ApartmentLeasingOffice

+/- 28,000 S.F.

NOW OPEN

SIGNATURERESTAURANTAVAILABLE

+/- 5,000 S.F. *

Lobby

LEA

SED

LEA

SED

NOW OPEN

NOW OPEN

9/14/2020 | c16h-overview

Page 3: The Wellington - CASTO · University, The Wellington is a six-story, mixed-use project with ± 46,000 square feet of prime retail and restaurant space, adjacent parking, and 400+

Inspired ideas. Integrated real estate solutions. www.castoinfo.com

The WellingtonThe Ohio State University | Columbus, Ohio | ±46,000 square feet

2/7/2020 | c16h-overview

Campus Area Housing Overview

SOUTH RESIDENTIAL DISTRICT

4,735 Undergraduate Beds

RIVER RESIDENTIAL DISTRICT

2,000 Undergraduate Beds

University DistrictOff-Campus Housing

16,000 Students

Hudson StreetHudson Street

King AvenueKing Avenue

Lane AvenueLane Avenue

SITE

MEDICALCAMPUS

N. H

igh Street

N. H

igh Street

CORECAMPUS

NORTH RESIDENTIAL DISTRICT

6,359 Undergraduate Beds

71

Page 4: The Wellington - CASTO · University, The Wellington is a six-story, mixed-use project with ± 46,000 square feet of prime retail and restaurant space, adjacent parking, and 400+

Inspired ideas. Integrated real estate solutions. www.castoinfo.com2/7/2020 | c16h-overview

1616thth Avenue Avenue

N. H

igh Street

N. H

igh Street

The OvalThe Oval

1717thth Avenue Avenue

1515thth Avenue Avenue

1717thth Avenue Avenue

1818thth Avenue Avenue

Co

llege R

oad

N.

Co

llege R

oad

N.

SITE

1414thth Avenue Avenue

FutureParking Garage

& Hotel

Academic Building

Academic Building

The Wellington Limited space available in retail component of new mixed-use project anchored by 28,000 s.f. Target store

OSU Arts District

Improved Pearl Alley

N. P

earl StreetN

. Pearl Street

WOSU Headquarters

Future University Square

NO

RT

H

The WellingtonThe Ohio State University | Columbus, Ohio | ±46,000 square feet