The Community Builders (TCB) and Bexley Community Improvement Corporation (CIC) have announced plans to create high-quality, mixed-use developments with new housing opportunities in Bexley, Ohio.
Ben Kessler, Mayor of Bexley
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Jeffrey Beam, Regional VP of Real Estate Development, The Community Builders
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Two High-Quality, Mixed-Use Development Structures Proposed in Bexley
COLUMBUS, Ohio – December 21, 2020 – The Community Builders (TCB) and Bexley Community Improvement Corporation (CIC) have announced plans to create high-quality, mixed-use developments with new housing opportunities in Bexley, Ohio. The two new buildings in the North Cassady Avenue and Livingston Avenue business districts will add vibrant, pedestrian friendly development, while providing 43 residential apartments, ranging in size from one-to three-bedrooms. Anticipated rents will accommodate households with a wide range of incomes, with programs to help residents achieve individual and community success goals.
“Many of the workers who make our community such an incredible place to live and learn often can’t afford quality housing in Bexley. A teacher or police officer who are just starting out, or a restaurant or service worker need more options in our community,” said Mayor Ben Kessler. “We need to make sure we create and preserve housing in Bexley that local workers can afford. We partnered with The Community Builders because of their track record in developing and managing properties that are good neighbors and community stakeholders.”Ben Kessler, Mayor of Bexley
The proposed residential and commercial development is anticipated to include two, three-story buildings, located at 420 North Cassady Avenue and 2300 East Livingston Avenue, maintaining the neighborhood’s existing scale and density. The North Cassady building will feature ground floor commercial space to complement the established business and retail offerings. Both buildings would pursue LEED certification for sustainable design and construction. TCB and RDL Architects, Inc. will refine the initial concept design and zoning package into a more complete architectural design with community input once project financing is secured.
“The Community Builders and the City of Bexley have worked as a great team to propose new homes and retail in thoughtfully-designed, well-built structures that fit right into Bexley’s neighborhood character,” said Jeff Beam, regional vice president of real estate development. “These developments preserve some of the affordability that has been lost in Bexley in recent years, which is an important goal for the community.”Jeff Beam, The Community Builders
The joint effort began two years ago, when TCB was selected as the CIC began the process of seeking to enhance housing options in the City. TCB is a 501(c)3 nonprofit housing organization that develops, owns and manages residential communities in 30 metro areas. The Bexley developments will be led by TCB’s Columbus office.
About The Community Builders
The Community Builders (TCB) is one of America’s leading nonprofit housing organizations. Our mission is to build and sustain strong communities where all people can thrive. We realize our mission by developing, financing and operating residential communities, neighborhood amenities and resident opportunity programs. Since 1964, we have constructed or preserved hundreds of affordable and mixed-income housing developments and pioneered the Community Life (CL) model for resident success. Today, anchored by offices in Boston, Chicago, Columbus, New York and Washington, D.C. we own or manage 13,000 apartment homes in more than 14 states.
About the Bexley Community Improvement Corporation
In 2012, Bexley City Council authorized the creation of the Bexley Community Improvement Corporation (CIC), a development agent of the City of Bexley. Pursuant to Chapter 1724 of the Ohio Revised Code, CICs can be formed and designated as a city development agency to “advance, encourage and promote the industrial, economic, commercial and civic development of a community or area”.