Dec. 5, 2007 - "Downtown Columbus' vital signs look promising"
 Puzzling... The Real Deal says it is exclusively New York City real estate but it has a story about downtown Columbus Ohio this month.... Real Deal says it focuses completely on New York City... but the headline... "Downtown Columbus' vital signs look promising" says otherwise.
The subtitle of the Real Deal article about Columbu is.. "After a loss of industry that has plagued many Midwestern rust-belt cities, outlook is hopeful" ... about Columbus.
I can't figure out which industry left Columbus? There's an eight day series in the Dispatch that started Sunday December 2, 2007 that I have been trying to keep up with on my other blog... The Columbus Dispatch Series covers Ohio seven big cities... Akron, Cincinnati, Cleveland, Dayton, Toledo and Youngstown.... and Columbus. All former industrial giants... except Columbus. Dayton manufactured auto parts, Cleveland made steel, Akron made rubber...
On the brink: Can Ohio's cities be saved? - Columbus Dispatch Series
The Columbus Dispatch online has audio comments from Bruce Katz of the Brookings Institute about Ohio cities.
Maybe the Real Deal writer is not saying that an industry left Columbus but just that we are in the Rust Belt.... and industry has left the Midwestern Cities that had industry to lose.. Or is the Real Deal talking the retail industry? That's not the same as auto parts, rubber planets, steel mills is it? No smokestacks... Retailing shifting from downtown to the suburbs is hardly the same thing as steel mills leaving a city... look at the employment stats ins the Dispatch Series, Columbus had an increase in average annual jobs unlike the majority of the Ohio cities... The Real Deal says: "In particular, the city is in a battle with the suburbs for retail shoppers. The opening of three malls in northern suburbs in the 1980s hit the downtown retail scene hard."
Three malls in the 1980s? City Center was completed in 1989 wasn't it? The three malls that were in Columbus prior to City Center were Northland, Eastland and Westland... I assumed they were built in the 60's or 70's... only one of them was in the northern suburbs...
Or are the three malls Tuttle, Polaris and Easton?
Weren't Tuttle and Easton built in the 1990's? Didn't Polaris open in late 2001?
The Real Deal article is a mishmash of info... commercial real estate, residential real estate, retailing, Ohio State and government offices...
Thanks to NYC Broker Sandy Mattingly - The Loft Guy from Manhattan for sending me a heads up email on the Real Deal covering Columbus. Sandy was puzzled over why the Real Deal had a story about Columbus but then he said they do cover stuff outside NYC
The About Us page on The Real Deal says... otherwise... or maybe I am reading this wrong...
"For more than 66,000 readers, The Real Deal provides an exclusive inside look at the big players and major deals in the most important real estate market in the world.
Focusing completely on New York residential and commercial real estate, our monthly magazine provides a sophisticated mix of breaking news, illuminating features, and in-depth analysis for the savvy real estate professional, from brokers to developers to appraisers.
The Real Deal provides news that can't be found anywhere else, and our magazine delivers your advertising message to a targeted, affluent demographic along with high quality editorial content. "
Wow maybe Columbus Ohio is now the most important real estate market in the world...
Downtown is a nice place to visit... I live and work far, far north....
Maureen McCabe Real Living HER Worthington
Copyright 2007 Discover Columbus and Maureen McCabe
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