Ohio 5 March 9, 2019

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March 9 2019

Vol. XVIIII • No. 5

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‘Modern, Edgy’ Hotel in Downtown ODOT Director Columbus Takes Aim at Millennials Warns of Coming Financial Crisis

By Irwin Rapoport

CEG CORRESPONDENT

Construction began last March on the new $23 million, seven-story Aloft in Columbus, Ohio, and Welty Building Company Ltd., which is managing the project, expects to deliver the boutique hotel by September. The developer behind the project is Indus Hotels. Aloft is a chain of hotels owned by Marriott that is expanding in many parts of the country. The nearly 106,000-sq.-ft. rectangular hotel, located at 1295 Olenganty River Road — near the elevated State Route 315 and West Fifth Avenue, not far from Ohio State University’s Wexner Medical Center — features 164 rooms on the upper five floors and 9,762 sq. ft. of total public amenity space. The public space includes a ground floor lobby and podium level check-in; 600 sq. ft. of meeting space; a 900-sq.ft. fitness center; a 1,301-sq.-ft. elevated interior pool with city views; a 400sq.-ft. café/diner; the wxyz bar, a swanky, modern, 1,170-sq.-ft. bar and lounge outfitted for live entertainment that includes a prep kitchen; and a 1,229-sq.-ft. elevated patio with ample seating, outdoor fire pits and city views, as well as a signature rooftop section clad in glass. There are 22 parking spots in the front and another 22 in the back, with one level of parking on the ground floor of the building, which also houses some of the HVAC and other systems. The project has a total of 201 spaces, which it shares with the Cap City Diner. The building is a combination of EIFS, metal and wood-grain panels, along with some block with a podium see HOTEL page 4

By Irwin Rapoport

CEG CORRESPONDENT

Welty Building Company Ltd. is managing the construction of the boutique Aloft hotel in downtown Columbus and expects to complete the project by September.

Unless serious measures are taken soon to bolster funding for the Ohio Department of Transportation, its ability to properly maintain, rebuild, and expand the state’s road and bridge network will be compromised, ODOT Director Jack Marchbanks told the Governor’s Advisory Committee on Transportation and Infrastructure Feb. 5. Gov. Mike DeWine is calling on Ohio legislators to increase the state’s gasoline tax by 18 cents and to index the tax to inflation to ensure ODOT’s annual budget can properly maintain the transportation network. Without such revenue enhancement, Marchbanks warned, ODOT will run out of money for any new highway improvement projects as of July 1. As things stand, the department has already delayed $150 million in maintenance work scheduled through fiscal year 2020, he said. “This system is facing an impending crisis,” Marchbanks said. “Today … we are facing a future where we will clearODOT photo ly not be able to Ohio Department of maintain the quality Transportation Director of the system we Jack Marchbanks. have, let alone improve upon it, and, to be blunt, this will endanger the safety of every single person who travels Ohio’s see ODOT page 6


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