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United Way to sell downtown headquarters

The United Way of Central Ohio headquarters. Photo courtesy of Google Maps A downtown nonprofit headquarters is being demolished for a 12-story commercial and housing project. Driving the news: The United Way of Central Ohio announced yesterday that it's selling its HQ at 360 S. Third St. for $4 million to the Columbus Metropolitan Housing Authority (CMHA) and The Community Builders, a nonprofit developer. Why it matters: The project will bring dozens of new low-cost units into a . State of play: United Way of Central Ohio each year to a vast network of local food pantries, youth centers and other nonprofits. It's been located on Third Street since 1978 but plans to move to a new undisclosed location later this year, . Details: The $70 million development project will feature 30,000 square feet of commercial space in the bottom two floors and 135 mixed-income units across the upper 10 floors.A quarter of units will be set aside for renters earning less than $20,000 per year, who will also receive housing subsidies. Another 30% of units are for households earning below $55,000. Tenants will also have access to like rental assistance and employment help. What they're saying: "Our intention for [the project] is to prove that you can add a new piece to the Columbus skyline while also providing housing opportunities for residents across the income spectrum," CHMA president and CEO Charles Hillman said in a statement. Get more local stories in your inbox with .Subscribe Support local journalism by becoming a member.

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