Breaking Ground: The Future of Infill Triplexes in Columbus
The demand for housing in Columbus, OH, continues to surge, and our team at Pink Development & Construction is leading the way in maximizing high-potential infill lots. We're excited to announce the groundbreaking of our first stack triplex at 1563 Greenway Avenue, a project that sets the stage for a new era of urban development.
Why This Location?
The near east side of Columbus is a land-constrained market, meaning development opportunities are rare and in high demand. Our Greenway project is surrounded by recent redevelopment efforts, including a 72-unit-per-acre development on Taylor Avenue. This area, bounded by highways and already seeing significant investment, is primed for continued appreciation.
Project Highlights:
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Lot Size: 30 ft x 150 ft
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Building Height: 35+ ft (higher than adjacent structures)
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Unit Demand: Strong interest in both rentals and land purchases post-entitlement
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Utility & Infrastructure Prep: City tap connections and stubs being finalized
Our investor for this project started with single-family homes before scaling up to a triplex, allowing us to fine-tune contractor selection and optimize construction workflows.
Infill Development: The Smart Play for Investors
With Columbus' urban core filling in, infill lots represent one of the lowest-risk, highest-reward opportunities in real estate. The demand for buildable, entitled land has skyrocketed, with buyers eager to purchase before construction even begins.
Key Market Trends:
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43203 & 43205 ZIP Codes: The top two areas for investment due to rapid appreciation
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Expanding Opportunity Zones: Growth pushing into 43206 & 43207
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Price Per Door: The cost of existing multifamily properties is driving demand for new builds
At Pink Development & Construction, we’re actively securing and entitling land to keep pace with this demand. Even investors who purchase land without building can see substantial returns.
What’s Next?
We're not stopping here. Our next entitled project at 1378 Mount Vernon Avenue just received approval, and we continue to expand into key growth areas.
If you're looking to invest in low-risk, high-reward infill developments, now is the time to get involved. Contact us today to learn more about opportunities in Columbus’ hottest emerging neighborhoods.
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