Chase Tower, located at 100 E Broad St., could be the latest Downtown building to see a big chunk of its office space converted into apartments.
A new plan for the 25-story building was submitted to the Downtown Commission for review at its meeting on Tuesday, May 23.
The plan calls for two floors of the building (the 19th and 20th) to remain office space, while the rest would be converted into 253 residential units. The first floor of the building would continue to hold commercial space (Lexi’s on Third and a Chase bank branch are current tenants), in addition to a new residential lobby space and a leasing office.
The tower’s exterior would remain largely the same, with a resident amenity deck planned for the second floor roof space that stretches around the back and sides of the building.
The building, which was known as Bank One Tower when it was completed in 1964, was bought by Virginia-based Lingerfelt Commonwealth Partners in 2019. There are two developers listed on the materials submitted to the city in advance of the meeting – Bluelofts, Inc. and Wolfe Investments, both out of Texas.
The conversion is being planned as a state historic preservation tax credit project, according to the submittal packet.
The 26-story Continental Centre – located about a block away, at 150 E. Gay St. – is in the midst of a renovation that will bring over 300 residential units to the former office tower. That project was awarded historic tax credits last year.
Also in progress is the conversion of the PNC building at 155 E. Broad St. That building, which will hold a mix of apartments, office space and retail, is scheduled to open later this year. Other Downtown conversion projects that have been proposed include a long-vacant office building on Front Street and a historic building on South High Street.
<<Read More: Experts Talk Office Conversions, Downtown Momentum>>
There are several other significant proposals on the agenda for this month’s commission meeting:
- A plan to build a five-story building on East Fulton Street is back for final approval.
- Pizzuti’s proposal to tear down a two-story building on Oak Street and replace it with a larger one will also be heard again by the board.
- A proposed 15-story building on South High Street will be getting its first commission review.
- OhioHealth will present its expansion plans for the Grant Medical Center campus.
For more information on the Downtown Commission, see columbus.gov.