Central Ohio Community Improvement Corp. and Developer Reach Agreement to Delay West Columbus Project

To: Bonnie Mavers | Columbus Business First

Post:

Has been updated:

Columbus, Ohio (columbus business first) — Central Ohio Community Improvement Corp. and the developers selected to develop the West Columbus site have reached a potential deal following a dispute over a lack of progress on the site.

COCIC and developer First Global Investments were at odds over the planned Prairie Village development at 4436 Westport Road in Prairie Township.

Last month, First Global broke ground on a project that includes over 100 residential units and 32,000 square feet of commercial space. Abdul Shmohameda company principal said Columbus Business First Last week, he plans to start construction next spring.

However, the permit has not yet been submitted or approved and the COCIC CEO Curtis Williams It says the project is behind schedule agreed upon when First Global sold the land. The sale took place in January 2020, according to the Franklin County Auditor’s records, and the contract stipulated that if First Global Investments had not developed the land by his late spring of 2022, COCIC would have to sell the land. It contained a provision that it could be redeemed.

For more information on this story, ColumbusBusinessFirst.com.

https://www.nbc4i.com/news/columbus-business-first/central-ohio-community-improvement-corp-and-developer-reach-deal-regarding-delayed-west-columbus-project/ Central Ohio Community Improvement Corp. and Developer Reach Agreement to Delay West Columbus Project

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