4/18/14

Tangeman Included on Columbus Business First’s “20 People to Know in Real Estate” List

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Jill Tangeman, a partner in the Vorys Columbus office and a member of the real estate group, was included on Columbus Business First’s “20 People to Know in Real Estate” List.  According to the paper, individuals on the list “are front and center in the industry.” Tangeman was selected for her zoning and land use regulation work and her developer representation.

An interview with Tangeman was published and included the following question:

What’s the most exciting thing happening in the industry?

“In the past, many communities held the belief that higher-density developments lower home values and increase the stress on roadways, city services and school districts. The collapse of the single-family home market taught many of us in development the importance of having a diverse housing stock. Communities need a mix of rental units, condominiums and single-family homes to build a sustainable tax base. When multifamily projects are allowed to have increased density, the developer is in a position to provide additional community amenities and to absorb higher-quality material costs. Higher-density rental housing that is well designed not only enhances existing home values, but also creates the need for more retail, office and cultural uses. We are seeing a lot of quality high-density developments in the Central Ohio area. Of course, many of these projects are downtown. However, I am seeing these types of projects increase in suburban areas as well. I think the recognition that higher density can be valuable is an exciting trend in the commercial market.”

To read the entire interview, visit the Columbus Business First website. (Subscription may be required).