Right Now Downtown

Without question, Downtown Columbus is the most underserved retail location in Central Ohio.  With 100,000 employees; 5,500 residents; 250,000 overnight hotel guest; 31,000 college students; 65,000 in-town residents in the Short North, German Village and surrounding areas; and millions of day visitors to the Arena District, Convention Center, theatres and museums, there is significant demand for retail services.  But since the collapse of City Center, downtown has lost its retail sector and the ability to attract corporate retails stores.

Without a major developer pulling those corporate chains downtown, they likely won’t reemerge anytime soon.  But that does not mean that downtown cannot attract retailers.  Independent and start-up retail are the likely players in downtown’s retail future.  But after years of negative coverage surrounding City Center’s demise, there is a negative perception of downtown retail.

Capital Crossroads SID and the City of Columbus have developed a new retail initiative to educate independent and start-up retailers about downtown to and to help overcome the misperceptions that abound.  Announced by Boyce Safford, Director of the City’s Development Department, at the Capital Crossroads Annual Meeting in November, the City is offering several incentives to entice retailers downtown.

The incentives, which apply to the “Mile on High” are on High Street from Spring Street to Mound Street and from Front Street to Fourth Street, include cash incentives and tax abatement specifically for retail investments for property owners and retailers.

However, there remains a communication gap.  Work must be done to overcome the misapprehensions retailers hold and to share the information regarding the City incentives.  Relationships need to be built with independent retailers throughout the area to encourage them to consider downtown as a location.

To that end, Kacey Campbell, the former CCSID Promotions Coordinator, has been tapped as the new downtown Retail Recruiter.  Campbell will serve as a “matchmaker”, reaching out to retailers, answering questions, encouraging them to consider downtown, then matching them with leasing agents who can finalize the deal.

For the last four years, Campbell has connected with existing downtown retailers and with the many vendors who participate in the very successful Pearl Market.  She has an understanding of downtown and believes in its potential.

“There is a huge demand for retail in downtown,” says Campbell.  “It’s a matter of getting accurate information to people and then helping them navigate downtown.  It will take time to see results, but there is good opportunity.”

The seeds of success are already sewn, evidenced by the burgeoning pockets of retail on Gay Street and Fourth Street.  Programs such as this have also proven successful in other cities with a dearth of downtown retail, including Nashville, St. Louis and Minneapolis.  With new incentives from the City and a retail recruiter making the pitch, look for retail to return to the heart of Columbus.

Nothing beats sitting in a baseball park on a warm day, particularly when the backdrop is the downtown skyline and the team is part of the Cleveland Indians.  Downtown gained another huge amenity on April 18, when Huntington Park opened.

Huntington Park’s downtown location has many advantages.  It is accessible by public transit, with nine local COTA bus lines within three blocks.  The new ball park has more than a dozen restaurants within walking distance that can capture business from the park.

Those neighboring restaurants have a good chance to capture baseball traffic because the limited parking at Huntington Park requires that most people walk several blocks past eating and watering holes.  Its proximity to Nationwide Arena further bolsters dining and retail development in the area, because baseball is counter-cyclical to hockey.

Huntington Park is a smart addition to a well designed neighborhood.  I cannot imagine how it could have been better designed or sited.