A new $52 million apartment complex officially opened in downtown Columbus Tuesday morning. The Rapids – just north of the 13th Street Bridge – is the latest W.C. Bradley Company development along the Chattahoochee River.
The 226 units in this building could bring as many as 500 new residents into downtown by mid-summer.
To put that into perspective, it will more than double the number of apartments available for rent in the core downtown area.
The apartment complex that opened this month is a major investment in downtown Columbus by the Bradley Company. In fact, it is the largest single real estate investment for the company, which has been in business since the 1880s.
Several years ago, The Bradley Company made a decision to move most of its real estate investments into downtown Columbus and just across the river in Phenix City.
Bradley Company Chairman John Turner says there was a reason they focused on downtown.
“You see this kind of thing happening in communities across the country,” Turner said. “And urban living has its own unique sets of benefits. I think no other community has it quite like we do here. We have historic. We have this brand new beautiful residential property. We got the river. We’ve got the riverwalk. We have got a historic downtown. It’s just an amazing total package.”
For years, those driving downtown redevelopment have worked toward making it a place to “live — work – and play.”
The downtown jobs are in place with TSYS, Synovus, Columbus State University and other major employers.
The play part is in place with the riverwalk, the urban whitewater rafting and kayak course and a large and varied restaurant selection.
It’s the live part of that equation that has been lacking.
Bradley Company President Marc Olivié says the closeness to major employers, 30 restaurants, theaters and recreation opportunities like the whitewater course and riverwalk make this a unique spot to live in Columbus.
“The Rapids is clearly with 226 apartments, is a big statement in downtown,” Olivié said. “It is the highest quality rental accommodations you will find in Columbus. … How many places in the world can you get this in such a small concentrated area? This is why this Rapids development is so important. That is why so many people are interested in coming here.”
Before The Rapids opened there were about 215 rental units available downtown. There are less than 100 individually owned condominiums.
The building features:
▪ 7,000 square feet on the ground floor that will be reserved for a restaurant.
▪ 8,700 square feet that will be reserved for retail space.
▪ A private club room.
▪ A 24-hour fitness center.
▪ A pool with a poolside bar, cabana and bocce ball court.
▪ Courtyard area with a fire pit and game tables.
Just north of the apartment building is the Mathews D. Swift Park, a public space that will eventually connect the Chattahoochee RiverWalk to Broadway. That park will be finished and opened in June.
The owners of Trevioli Italian Kitchen on Blackmon Road and Hudson’s in Main Street Village are planning a restaurant in The Rapids. That leaves one restaurant space that is not filled.
There will also be retail in the building.