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Parsons Avenue
Redevelopment Corporation

Our Mission:

To support the redevelopment of Parsons Avenue as part of building a more inclusive community on the South Side.

We’re building opportunity.

Parsons is brimming with it. Robust public and private funding, tax abatement’s and affordable property are opening doors to residents, investors, and businesses — both old and new.

 

We’re building Community.

Parsons is a community with a long, rich history. And now, it’s only getting stronger. Renewed housing and increased access to resources mean people do better. And when people do better, businesses do better.

 

677 Parsons

For over 40 years, this building was infamously home to and adult book store. PARC acquired the building, stabilized it, and worked with the developers of East Public to bring this entire block back to life. The building is now home to the vegetarian restaurant Comune.

All People’s Fresh Market

PARC acquired and renovated a former drive-through carry out to create the All People’s Fresh Market.

It all started when…

After years of the Healthy Neighborhoods Healthy Families Realty Collaborative focusing on the housing stock south of Nationwide Children’s hospital, it seemed like a complimentary vehicle should exist to address challenges on Parsons Avenue.  As a result, the Parsons Avenue Redevelopment Corporation was formed in 2014. It was designed to be a nimble organization that could rapidly respond to changes in the market, work to eliminate negative properties that impede investment on The Avenue, and spearhead real estate development initiatives.

THE NUMBERS

 

Over $1 Billion

has been invested in the expansion of Nationwide Children’s Hospital campus.

More than
$22 Million

of new investment during in Parsons Avenue in the last five years.

 

Over
$50 Million

has been invested in housing rehabilitation & new construction in the neighborhoods near Parsons Avenue.

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