COLUMBUS: A proposed seniors’ housing facility is to be cancelled after a company decided to step away from the proposal. Doubts have been raised as to its viability.
Forecasted revenues from the development have to justify the cost to build and operate the facility for any company to proceed, said the developer.
“After performing market research, holding open houses and using data collected by the Seniors’ Housing Committee, which was formed in 2013, we have lost confidence.”…