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University's Foray Into Community Development Falls Short, But Still A Success

Posted by: Christian Peralta Madera

5 November 2006 - 11:00am

Campus Partners for Community Urban Redevelopment, a non-profit development group funded by the endowment fund of The Ohio State University, is learning that its intial ambitious plans to revive the local neighborhood while generating returns for the univ

The group's main project, a $153 million shopping-entertainment-residential complex on the southside of campus, is bringing in $7.6 million less was originally anticipated. In addition, the group is losing $400,000 a year on a collection of run-down rental properties, many of them uninhabitable and boarded up.

While the group's leadership acknowledges that the milestones it set for itself were overly optimistic, they point out the project is profitable, and paying the university a return of 5% on its investment.

Full Story: South Campus project hasn’t met estimates
Source: The Columbus Dispatch, November 3, 2006
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Planners, architects, artists, and other community members can make the exploratory walk a key tool in re-making places, stemming from the emotions and atmospheres perceived by people who live there or visit them, and plan outward from the experiential, toward trajectories, shapes, and physical structures.
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