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Merchant Building to add 174 residential units to downtown Columbus, Ohio

June 20, 2024


Long known as an affordable place to live, Columbus, Ohio, has been a surprisingly lucrative market for multifamily developers and owners recently.

Ohio’s capital saw 4.5% year-over-year rent growth in March, second only to New York City, according to Multifamily Dive.

Catering to renters who want to live in the city limits, the new mixed-use, 32-story Merchant Building office and residential tower in the North Market neighborhood is expected to open in 2026, per the project’s website.

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