An apartment complex is now under construction at 1179 E. Main St., the former site of a Save-A-Lot grocery store.
The four-story, 85-unit building is being developed by a joint venture made up of Peak 10 Group, F & W Properties and Gallas-Zadeh Development. The project now has a name (The Ethan on Main), a website, and a timeline for opening (early 2024).
“We are excited about this new development project and the future development of this area of town,” said Nate Fisher, Owner/CEO Peak 10 Group, in a press release. “With the need for more apartment homes in the Columbus region and near downtown, we believe The Ethan on Main will provide a unique living experience.”
The final rents have yet to be determined for the market-rate project, according to Fisher.
Zoning variances for the development were approved by the Near East Area Commission in 2021 and later received votes of approval from the Development Commission and City Council.
F & W Properties was founded in 1969 and manages nearly 900 residential units in Columbus, according to its website. The company’s portfolio includes significant holdings on the Near East Side, including Longview Apartments on East Long Street, and the historic Broadway Apartments on East Broad Street.
“It has been a 35 year ongoing mission of the Fisher Family and F & W Properties to invest back in our community and we are looking forward to this joint venture with Peak 10 and Gallas Zadeh.” said Clare Brofford of F & W Properties.
The Save-A-Lot was originally developed by the Columbus Compact Corporation, a community development nonprofit that closed down in 2016. The store opened in 2008 and closed in March of 2020.
For more information, see ethanmain.com. All renderings by Carter Bean.