Upper Arlington City Council is slated to consider a rezoning proposal next week that would pave the way for the construction of a high-end, two-story condominium development at the corner of Tremont Road and London Drive.
A proposal to rezone 1.7 acres at the southeast corner of Tremont Road and London Drive from a one-family residential district to a community development district is headed to council Monday, March 11.
If approved, Fairway Realty plans to construct a six-building, 11-unit condo complex targeting empty-nesters.
"We're excited about the project," said Fairway President Mark Catalano during a council conference session Monday, March 4. "We've had some initial inquiries."
Catalano said plans call for individual units to feature two floors, a basement and a two-car garage. He said the first floors of each unit would be about 1,900 square feet and the second floors would be about 700 square feet.
According to a city staff report, the average cost of each condo would be "in the $400,000 range."
Last month, the Upper Arlington Board of Zoning and Planning unanimously supported rezoning the property to allow for the project.
During informal discussions about the project in January, Upper Arlington Community and Economic Development Manager Bob Lamb described the proposed development as "high-end condos with two stories" and said they would be a nice addition to a currently vacant lot.
On March 4, Councilman Erik Yassenoff indicated support for the rezoning and the development plans, saying the project would buffer residential properties in the area, including the neighboring Westwood Acres, from "commercial creep."
"I commend (Catalano) on really helping the city improve its housing stock, and I really commend you on helping the city (address) this corner," Yassenoff added.