Franklin County • May 6, 2025
Good morning, Franklin County. New York money is flowing into Franklinton as NYC investors just dropped a cool $78 million on the Gravity 2.0 apartment complex. This purchase of the 257-unit building marks the final piece of the development to change hands, signaling continued confidence in Columbus' once-overlooked neighborhood. The area's renaissance shows no signs of slowing, with CAPA also expanding its footprint in the community.
Meanwhile, local theater-goers are falling for the rebellious charms of "Cry-Baby," where standout performances by Mitch Kahn and Raychel Schork bring John Waters' 1950s love story to life with authentic period flair. And in Warren, manufacturing gets a boost as Buckeye Precision Threads secures a $25,000 JobsOhio grant to upgrade their facility – proving that precision craftsmanship still has a place in Ohio's economic future.
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🏙️ NYC investors snap up Franklinton apartments for $78 million. The Gravity 2.0 apartment building in Columbus' Franklinton neighborhood has been purchased by New York-based investors after being on the market for a year. Developer Kaufman has now sold the final piece of the Gravity 2.0 project, which includes 257 residential units and ground-floor retail space. This sale follows previous transactions of other components of the development, including an office site that was recently acquired by another investor group. The Franklinton area continues to attract investment, with CAPA also planning to take over management of a venue in the neighborhood.
🎭 Imagine Productions' 'Cry-Baby' charms with rebellious '50s love story. Directed by Caira Goldstein, this musical adaptation of John Waters' film follows Wade "Cry-Baby" Walker (Mitch Kahn) and Allison Vernon-Williams (Raychel Schork) in a love-across-the-tracks romance in 1950s Baltimore. Kahn delivers a standout performance with "open heart" and perfect vocal chemistry with Schork, while the supporting cast shines through distinctive characters and period-authentic musical numbers. Though the show itself is "a little thin," the production succeeds through Tirzah Washington's exceptional music direction and a genuine love for the underdogs that made Waters' original film so memorable.
🏭 Warren company scores $25,000 grant to upgrade precision manufacturing facility. Buckeye Precision Threads, a specialty grinding operation in Warren, Ohio, received the JobsOhio Small Business Grant to enhance its new location. The funding will boost production capacity for high-precision markets including lead screws, molds, taps and worms. Formerly known as Jewelers Machinist Company from Long Island, the company rebranded after relocating to Ohio. The grant supports fixed asset investments and operational improvements critical to the company's long-term success in meeting growing customer demand.
Luxury Urban Retreat Near Shops: This charming $925,000 Stone & Stucco Home offers 3 beds, 2.5 baths, hardwood floors, and a gourmet kitchen, all within walking distance to Lane Ave's shopping and dining options in Upper Arlington.
Classic Bexley Cape Modern Updates: This $574,900 Cape Cod in Bexley offers 4 bedrooms, classic charm with modern updates, and versatile living spaces including a finished basement with wet bar and a private fenced yard.
Spacious brick home seller pays: For $235,000, this spacious 5-bedroom brick home offers ample storage with a full attic and basement, updated kitchen appliances, detached garage, and privacy fence, plus the seller is contributing $1,000 toward closing costs.
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