AES serves as the Merchant Developer on this mixed-use project, which consists of the redevelopment of a shopping center with the addition of 120 units of affordable housing. AES is also partnering to bring Tax Exempt Bond Funding and New Markets Tax Credits to capital stack of the project.
AES is a partner/developer of this more than 100,000 sq ft youth sports tournament facility. The facility is co-located with a hotel and is the centerpiece of the redevelopment of a former strip mall. The Columbus OH facility is the first of four (4) regional facilities to be developed around the country.
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AES specializes in taking on the challenge of redeveloping properties or repurposing existing buildings in urban environments. This may include a general makeover or a detailed historical restoration. We understand the unique needs of historic and urban redevelopment projects. Municipalities, developers and owners require a specialized understanding of financing incentives and code expectations from a design, budget and construction viewpoint. No redevelopment project is the same but AES brings a depth of knowledge in historical redevelopment. We provide detailed planning for and implementation of urban residential and mixed-use development. Some of our services include:
- Integrating sustainability into the mainstream urban development
- Coordination with the redevelopment team and local communities
- Competitive analysis (case studies and creative product planning)
- Strategic planning for proposed development.
Designed by
Carl Brown Site Redevelopment
Copyright AES Development LLC.
THE SHOPPES AT SONO
Development
AES has been contracted by Columbus Next Generation Corporation to assess the viability of redevelopment of the site. Our work yielded a viable mixed-use project that includes 10,000 square feet of retail and 42-50 units of apartment and townhouse styled residential. AES envisioned a larger development than the owner originally conceptualized, and added value by providing a financial model and potential retailers who would be interested in locating in the retail center.