COLUMBUS, Ohio ( WCMH ) — The former headquarters of the Ohio Democratic Party is being demolished for an apartment building that’s expected to bring 74 units to the area.
Located Downtown on the corner of East Fulton Street and South Grant Avenue, Elevate 340 will be built by Lancaster-based developer Fairfield Homes. The project has been in the works since 2022 and was recently approved for $1.25 million in grants by Columbus City Council.
Colleen Marshall celebrates 40 years at NBC4
When the funds were approved in May, Councilmember Shayla Favor said it was important to push for more housing since Columbus is one of the fastest-growing cities in the country.
“We’re grappling with supply and demand here,” Favor said. “We are growing at a rapid rate to the tune of around 40 folks a day and, unfortunately, we don’t have enough housing units.”
A news release from Fairfield Homes said recent studies show, of the three largest metropolitan areas, Columbus is experiencing the greatest shortage of affordable and available rental units.