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South
Campus Gateway, which opened in August 2005, is a dynamic blend of
entertainment, restaurants, retail, offices, apartments and parking within
a series of buildings whose architectural quality exemplifies the best in
“Main Street”
urban design. Campus Partners
developed Gateway to serve one of the nation’s largest collegiate
markets and some of Columbus’s
most diverse urban neighborhoods.
The project’s success and scale will be an important catalyst
for revitalization on High Street and in the neighborhoods of the
University District.
For
more specific information on Gateway’s retail, housing and office
components, visit www.southcampusgateway.com.
The
Gateway site of 7.5 acres stretches for three city blocks along High
Street, the “Main Street”
of Columbus,
adjacent to the southeast corner of The Ohio State University campus at 11th Avenue. The development is a mixed-use
project with about 225,000 square feet of entertainment, restaurant and
retail space, 88,000 square feet of office space, 184 apartments and a
1,200-space parking garage.
Anchoring
more than two dozen retail tenants are a flagship Barnes & Noble
university bookstore, a grocery specializing in natural and organic foods,
an eight-screen art cinema and an array of unique restaurants.
The
total private and public investment in Gateway is more than $150
million. Campus Partners has
employed CB Richard Ellis as the property manager. During planning and construction,
Jones Lang LaSalle was the development management advisor. Turner Construction Company was
construction management advisor.
Elkus/Manfredi Architects of Boston was the project architect and
Moody/Nolan Architects, Ltd., of Columbus
was the associate architect.
Gateway
is on the edge of a distressed neighborhood with a high concentration of
poverty and is in the federally designated Columbus Empowerment Zone. The project has brought an estimated
700 jobs to an area with high unemployment.
Gateway
is not a “mall,” but a distinct collection of one-of-a-kind local
and start-up businesses side-by-side with familiar national stores in a
pedestrian friendly environment.
Gateway’s
retail anchor is Barnes & Noble-The Ohio State University Bookstore,
one of the largest bookstores in the Midwest. This flagship store occupies
portions of the first two floors of the mixed-use building at High Street
and East 11th Avenue. Barnes & Noble College
Booksellers signed a lease in November 2001 to operate a new
50,000-square-foot full service bookstore as an anchor in the Gateway
project. The new store combined
the existing Ohio State University Bookstore and Long's Book Store.
In
its planning stage, the project was known as the University Gateway
Center. As the project moved into its
construction phase, Campus Partners consulted with stakeholders and
conducted focus groups to develop a permanent name for the project. “South Campus Gateway”
was chosen in 2003 because the name reflected the historic reference to the
area as “South Campus” and the project’s purpose as a
“gateway” to the university and the neighborhood.
History
of the development of South Campus Gateway
Campus
Partners sponsored a competition in early 1999 among three master developer
teams for the right to build South Campus Gateway (then referred to as the University Gateway Center).
On May 21, 1999, Campus Partners announced that The Druker Company, Ltd., of Boston,
had been selected as the preferred master developer for the Gateway
project. Druker's proposal had received the widest support among
stakeholders in the University District. You can also review the proposals submitted by the other developer
teams.
Columbus
City Council on Dec. 13, 1999, authorized the city administration to enter
into an economic development agreement with the Gateway Area Revitalization
Initiative, a non-profit affiliate of Campus Partners, for development of
Gateway. The agreement outlines responsibilities for property acquisition,
requirements for a relocation plan, funding of public improvements,
creation of a tax increment financing district (using non-school revenues),
required traffic measures, neighborhood employment initiatives and related
matters.
By early
2002, Campus Partners had completed the acquisition of all the properties
required for the Gateway
Center and had
negotiated relocation agreements with all of the existing businesses in
those properties. The six businesses that were still operating in the
Gateway area closed by the end of January 2002 in preparation for
demolition of the existing buildings. [Click here
for news release on business relocations.]
Demolition
of the existing buildings to make way for Gateway began May 1, 2002, and
was completed by mid-July 2002. [Click here for
story and photographs from the demolition.]
In March
2003, the U.S. Treasury Department announced that Campus Partners would
receive $35 million in tax credit allocations under the New Markets Tax Credit
(NMTC) program for construction of South Campus Gateway. Campus Partners
received the largest such allocation for a single project in the country. [Click here for news release from March 14, 2003, on tax
credit allocation.]
The
first-phase public improvements on the Gateway site began in May 2003 and
by late fall 2003 were substantially complete. These public improvements
included burial of overhead utility lines, moving and separation of storm
and sanitary sewers, and roadway work. Second-phase public improvements,
such as sidewalks and pedestrian lighting, will take place after the
buildings are constructed. [Click here for news
release of May 2, 2003, on public improvements.]
In May
2003, Campus Partners also unveiled its merchandising plan for South Campus
Gateway at the annual spring convention of the International Council of
Shopping Centers in Las Vegas.
[Click here for news release of May 15, 2003, on
merchandising plan.]
The
start of construction of Gateway was marked with a major public celebration
on Oct. 18, 2003, on the site. Columbus Mayor Michael Coleman and Ohio
State President Karen Holbrook were among the dignitaries who offered
remarks.
Construction
of buildings on the Gateway site began in January 2004. [Click here for a news release announcing the
awarding the first series of construction contracts.]
The
Gateway project has continued to evolve since The Druker Company was
tentatively designated as the preferred master developer in 1999. The
project remains on track, but the preferred development model that emerged
is the use of a fee-developer who works with Campus Partners to manage the
project. With the completion of the land acquisition, both Campus Partners
and Druker agreed in July 2002 that it was the most appropriate time to
make such a change.
Among
the factors that made the fee development services model a more appropriate
mechanism than a land-lease to a developer or a joint venture were the
increased utilization of the space in Gateway for university-related
purposes (such as housing for students of the Moritz College of Law) and
the ability of Campus Partners to access less expensive tax-exempt
financing for the Gateway project. Unfortunately, The Druker Company, like
many development companies, does not provide development services on a fee
basis and, therefore, in July 2002 withdrew from its involvement with
Gateway. [Click here for joint statement by Campus
Partners and Druker.]
As a
result, Campus Partners in July 2002 invited a selected number of
development firms with fee-developer experience to respond to a request for
proposals. Campus Partners interviewed several firms and subsequently
selected Jones Lang LaSalle as development management advisor for the
project. [Click here for news release of Jan.
10, 2003, on Jones Lang LaSalle.] Many members of the development team
assembled by Druker, such as Elkus/Manfredi Architects, have continued with
the project.
Updated
February 25, 2004.
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