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Columbus Business First: 124-unit residential development planned near New Albany

Columbus Business First
Columbus Business First

Read more for exciting information about a new LC development.

Lifestyle Communities Ltd. is planning 124 single-family and attached townhomes in the final phase of its Preserve Crossing development in northeast Columbus.

Pending rezoning from a rural designation, the developer plans to buy 15.62 acres at the northeast corner of Morse Road and Preserve Crossing Boulevard, along Columbus’ active northeast border with New Albany.

Columbus’ zoning committee will consider the proposal in a second reading Jan. 11.

“This is really kind of the last piece of (Preserve Crossing),” Chase Miller, Lifestyle Communities’ director of development, told me. “We’ll move forward with it right away. (But) we’ll have to go through the engineering phase and permitting phase so you won’t see anything happen out there until probably (this) summer."

The Columbus company’s Preserve Crossing development includes a mix of more than 1,200 for-sale and rental units.

Its plans for this latest site call for 124 units with a maximum of 12 units per building, plus up to 248 garage parking spots. The developer hasn’t identified the number of buildings or the breakout between townhomes and single-family dwellings. No renderings are yet available.

“We’re still in the planning phase,” Miller said.

The 5440 Morse Road site, recently annexed from Plain Township, has a private home built in 1986, according to Franklin County property records. Miller said the project could be completed by 2018.

“It’s been a really good area for us. We’ve been there for over a decade, but really in the past three years there’s been a burst of development,” Miller said. “It will be really good for that area to get some product that’s for sale. It’s a good indication for the market.”

The site is within the Northland community’s Preserve District, east of Hamilton Road and north of Morse Road, along the city’s eastern border with New Albany. That area has been active of late, including with a $250 million mixed-use development proposed by New Albany Co., Casto and Daimler Group.

Evan Weese covers real estate, money and the business of sports for Columbus Business First.

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