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--New Development in the University Area---$15 million pledges to kick start Weinland Park Area---

By
Real Estate Agent with Keller Williams Capital Partners Realty 277320

A new group is working to rejuvenate the Weinland Park neighborhood north of Downtown by pledging at least $15 milion to develop housing in the area plagued by crime, foreclosures and vacant houses.

The Weinland Park Collaborative, which includes the city of Columbus, Ohio State University, the Columbus Foundation and 12 other institutions, also is investing money in job training and education.

"If we work collaboratively, we can put together a model of neighborhoos revitalization and take on the underlying issues without displacing people," said Doug Aschenbach, president of Campus Partners, which is Ohio State's community-development arm and another of the groups members.

The goal is to re-energize the housing market by renovating and building more than 100 homes in two to three years. The collaborative is expected to invest at least $15 million in the neighborhood of 4,800 residents, said Lisa Courtice, vice president of community research for the Columbus Foundation

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