Downtown Housing’s X Factor
Eclextion Lofts One of the bright minds helping to reshape the downtown landscape, developer Bill Shelby has contributed a special sort of “X factor” to the loft evolution. Shelby, president of Spectrum Properties, Inc., has partnered with Jack Hoopes, president of Amlin Development, to build Eclextion and Connextions lofts and Cityview on 3rd Lofts. All three embody the same vision: living space that’s affordable and unique. “We utilize the existing materials of the original building as well as the vintage character by opening bricked-in windows and maintaining ceiling height,” Shelby said. The real character of the residences, however, comes from the people who live in them. “We envision the units as a blank canvas,” Shelby said. “That allows the artist-the client-to create their own space by choosing their finishes, colors and furnishings.” Shelby sees downtown as evolving. Even since 2003, when he and Hoopes renovated their first project, Connextions, he has noticed an increase in day-to-day street life. “I see residents walking their dogs, jogging in the evening and creating street activity,” Shelby said. “Restaurants and services also seem to be extending their hours and starting to cater to the residents.” Shelby said sales reports by the Columbus Board of Realtors show downtown housing fared well over last year, with “nice appreciation” despite an overall market downturn. “I think this is probably because this market appeals to professionals who move here from other cities,” he said. “Columbus is a bargain when compared to other markets, and now we can offer an urban lifestyle.” For more information on Exclextion Lofts, 221 N. Fourth St.; CityView at 3rd Lofts, 78 E. Chestnut St.; or Connextions Lofts, 110 N. Third St., call 221-8200 or 419-7330.
