This 90-unit senior apartment community is a three story “Y” shaped building with each floor self contained with laundry facilities, community space and other amenities. The building also includes a dining hall, conference room, exercise room, beauty shop, medical exam room, large screen TV room, computer lab, large aquarium, fireplace, outdoor patio and a man-made pond. This property is owned by three faith-based non profits (My Brother’s Keeper, Renaissance and Dayspring) representing three churches in the community. This project secured 9% LIHTC and City Home Funds. We provided development advisory services for two of the three non profits involved in the deal. The syndicator for this project was McDonald Securities. We also presented this project at the Northeast Area Commission for a successful application to the Ohio Housing Finance Agency (OHFA). This project was completed November 1999.
The Heritage (formerly known as Agler Green) is a 384 unit project based section 8 development on 45 acres. The once crime riddled development known as “Uzi Alley” has 100% occupancy. The Heritage at the time it opened for leasing in 2003 had 1000 applicants and a two year waiting list. It continues to be a marquee development in Columbus, OH. Part of the attraction is the size of the units, which are very large for a project based Section 8 property. The Heritage was the largest affordable housing development in the State of Ohio for two years and the largest single project in Ohio Capital Corporation for Housing’s (OCCH) portfolio.
The property features a community center, five playgrounds and basketball courts. Residents have been able to participate in numerous community supportive services. Total project cost for this development was $26 million. This project was completed August 2003. For leasing information please call (614) 471-2416.
- Provide afterschool programming for students at the site.
- Established a “Virtual High School” with the Columbus Public Schools at the site and have graduated over 100 youth at risk of drop out.
- Provide GED training, ESOL and interpretation services at the community.
- Work with faith based and community organizations who are interested in providing services to our residents.
- Established a quarterly newsletter for the residents and community stakeholders since 2003.
- Established and continue to have an annual community day celebration since 2003.
In early 2020, KBK Enterprises and the Third District of the AME Church they began working together to
consummate the sale of the building. KBK Enterprises thought this would be a great place to house our
Columbus HQ. Our current lease was coming to an end and the downtown location was perfect. This
location is the gateway connection between downtown and the Historic King-Lincoln district which has
deep African American roots.
We began negotiating purchasing terms with the Third District and their team to allow this to come into
fruition and on July 1, 2020 we began our term as the master tenant. This lease/purchase option will
allow us to master lease the entire building until we decide to purchase the building and make some of
the renovations as planned.
OMNI Management Group closed on the acquisition of this site on December 19, 1998. Franklin County
Job & Family Services became the tenant of the entire main building for eight years, beginning in 1999
until June 2007. OMNI Management Group was a company co-owned by Keith B. Key, President & CEO
of KBK Enterprises, which he is now the sole owner of.
We are finalizing a 10-year lease with Columbus State Community College for the entire 56,540 sq ft.
main building, built in 1963 with an addition in 1985. This lease will begin in August 2021.
There is also a 4,384 sq ft. Train Depot Building located on the site that was built in 1920.
KBK has an existing Cooperation Agreement with Uptown Partners to communicate the development
plans with the community and has already received their approval to purchase 9 additional lots
surrounding the buildings. These lots are owned by the City of Pittsburgh and would have to be sold to
the URA which has not yet occurred.
The most recent project design proposed 32 residential units above the commercial office space.
Mt. Hermon Baptist church is a 3,500 membership church in northeast Columbus, Ohio. As a faith based non-profit organization, My Brother’s Keeper, desired an educational facility to operate its vast programming for the community. We developed a financing package and secured a conventional loan to finance a 24,000 square foot multipurpose educational facility for $2.5 million. The facility includes a gymnasium, weight room, classrooms, child care center, garage/storage facility and more. The Donald J. Washington Family Life Center was completed April 1999.
- Facility hosted job skills training for Somali refugees that included: soft skills training, ESOL classes and computer training.
- Housed a full service childcare learning center for preschool children ages 2-5 and a before and after school program.
- Provided healthcare initiatives for the northeast community that included prostate and breast cancer screenings.
- Offered exercise classes to the northeast community that included kickboxing, African dance, and aerobic classes.
- Provided an on site school for children in grades K-12.
Hegemon Crest is a 34 lot, single family affordable housing development. We served as development consultants to Miracit CDC, a faith based non-profit. We negotiated the purchase of the former Linton Gardens public housing facility for seniors. We were able to direct the remainder of their Hope VI demolition grant to conduct site work and infrastructure to complete streets, curbs, and sidewalks for future single family homes. We arranged for the 34 lots to have construction and permanent loan closing with the buyer and builder. We provided mortgage seminars and preapprovals with three local banks to secure homeowner’s construction and permanent mortgages. We were also able to secure funds from the City of Columbus for right-a-way capital for lighting and utility connections. HUD provided down payment assistance relief to those home buyers who met specific affordability guidelines. This project was completed summer 2000.
- One of the first homeownership scattered sites built for first time homebuyers in the Northeast area. First Urban Festival of Homes in Columbus, Ohio.
This is a 144 unit multifamily apartment community consisting of townhouses, garden units and bungalow style units. This project is owned by three faith based Community Development Corporations (My Brother’s Keeper, Renaissance and Dayspring) representing three churches in the community. This project was awarded 9% LIHTC and City Home Funds. The syndicator for this project was McDonald Securities. We provided development advisory services for two of the three non profits involved in the deal. We were successful in getting support from the Northeast Area Commission for zoning changes and community support. This community has a community room, pool and a variety of community programs. This project was completed September 1999.
This 64 unit community was done utilizing 9% LIHTC and HOME funds. The syndicator for this project was Ohio Capital Corporation for Housing. It is owned by Renaissance CDC and Columbus Housing Partnership. We provided Development Advisory Services to Renaissance CDC. This is a lease/purchase development; therefore this development has a single family feel to accommodate its future single family homeownership structure. We worked with neighborhood groups and Area Commission to gain support for this project’s ability to proceed. This project was completed September 1997.
This 46,000 square foot commercial office building was a former meat packing warehouse and was secured financing with a conventional real estate commercial loan. This building was once 100% occupied by Franklin County Department of Job and Family Services. It is now serves as the home of a charter school, Early College Academy, with over 160 children enrolled. This project was completed in November 1999.
- Top service provider location for Franklin County Jobs & Family Services for 15 years.
We developed, owned, leased and managed this building prior to selling it in 2004. This 54,000 square foot commercial medical office building was financed with a conventional real estate commercial loan. This is a multi-tenant building and was primarily occupied by medical providers including Ohio Health, the largest adult provider of healthcare in Columbus, Children’s Hospital, the largest pediatric provider of healthcare in Columbus, Columbus Neighborhood Health Center, the largest public provider of healthcare in Columbus and various private physicians. We also housed tenants such as Wells Fargo, American Express Financial Advisors and other professional service providers. This project was completed March 2001.
- Home to first independent pharmacy in the Northeast area of Columbus, Oh to serve The Heritage community and surrounding Northeast residents.
- The first medical health service facility brought directly into the Northeast area community. This facility is a Federally Qualified Health Center (FQHC).
- Anchored key tenants such as OhioHealth and Children’s Pediatric Services, and Wells Fargo.
KBK developed, owned, leased and managed this building prior to selling it in 2004. This 43,000 square foot class “A” commercial office facility was originally financed with a 501 (c) 3 tax exempt bond and was later refinanced with a conventional real estate commercial loan. This building was 100% occupied by Franklin County Department of Job and Family Services Northeast Opportunity Center and served as a job training site. It housed case workers, a child care center, meeting rooms, cafeteria with vending machines and offices. This project was completed February 1998.
- First commercial development project of its size in the Northeast area.
- Top service provider location for Franklin County Jobs & Family Services.
KBK’s project portfolio is a testimony to our mission: to provide exceptional real estate development services through creative financing, community participation and public/private partnerships. KBK’s quality workmanship, multi-discipline approach and demonstrated ability to profitably develop in urban markets, has leveraged development resources, traditionally found only in suburban markets. KBK’s partnership model serves to create a sense of shared ownership that ensures all projects are handled correctly from concept through completion.
To learn more about our projects, please click on the featured images below.