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Columbus downtown to undergo $40 million redevelopment

The Columbus Redevelopment Commission has developed a $40M redevelopment project. (photo courtesy: Flaherty & Collins Property) by: Wes Mills, Inside INdiana Business Posted: Jan 15, 2021 / 01:52 PM EST COLUMBUS, Ind. (Inside INdiana Business) The Columbus Redevelopment Commission has unanimously approved Phase I of a $40 million, mixed-use development for downtown Columbus. The first phase of the project includes 200 market-rate apartments, an urban grocery, and 15,000 square feet of retail and restaurant space. The CRC has entered a contract with Indianapolis-based developer Flaherty & Collins Properties. The redevelopment commission says it plans to use proceeds from the future increase in property assessments on the site to create additional development options.

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