Groundbreaking for a new $11 million apartment complex west of CSA Fodrea School marks a significant milestone in the availability of affordable housing, Columbus Mayor Jim Lienhoop said.
Construction on the 60-unit, three-story Gladstone Apartments, 411 S. Gladstone Ave., should be completed in roughly a year, developer Ronda Weybright said.
The owner and president of RealAmerica Companies of Fishers, Weybright told more than 30 people who attended Wednesday’s groundbreaking that the Gladstone Apartments will consist of:
- 12 one-bedroom units
- 36 two-bedroom units
- 12 three-bedroom units
The 66,674 square foot complex will include two residential buildings containing energy-efficient units with washers and dryers, as well as a clubhouse, Weybright said.
But from the city’s perspective, one of the most important features is that this complex will provide workforce housing for some of the more than 10,000 commuters who live outside Columbus because they can’t afford to pay the local rental property rates, Lienhoop said.
“Workforce housing is high in demand and short in supply,” Lienhoop told the crowd. “This is an effort to help rectify the supply part.”
For more on this story, see Friday’s Republic.
