The property is located in the Downtown Residential Community Reinvestment Area, established in order to promote economic development in the downtown area of Columbus. The ordinance provides that a real estate tax abatement is available for all new residential construction projects within the identified area to include a 15 year – 100% tax abatement on Improvements.
The property is also located within the One Neighborhood New Community Authority.
Multi-year parking contracts are available in the garage at Neilston and Long (northeast corner) if overflow parking were sought.
The Capital Line will provide a new and safe way to walk or bike through Downtown Columbus, along with an easily accessible connection to transit.
The Capital Line will attract new investment, foster future developments, spur new public art and support first floor retail, enabling economic growth.
The Capital Line will encourage people to do more Downtown, providing an easy way to move from one hotspot to another, in addition to being an enjoyable destination.