Festival Centre - Major New Developments

Festival Centre is positioned within the Northwest Columbus submarket of Dublin, Ohio. This affluent suburb is recognized for its strong demographics, top-rated schools, and access to major regional roadways like I-270 and US-33. The retail landscape in this trade area is a mix of national anchors and high-performing regional retailers. Nearby shopping destinations include Target, Whole Foods, REI, Trader Joe’s, PetSmart, and The Mall at Tuttle Crossing. The area benefits from dense daytime traffic, strong residential growth, and proximity to major employers like Cardinal Health and OhioHealth. Dublin’s continued growth and high household incomes contribute to strong retail performance across categories— ranging from essential services to boutique fitness and fast-casual dining.Festival Centre is a strategically positioned 209,736 SF retail destination in the heart of the highly trafficked Dublin–Sawmill Road corridor, currently undergoing a major redevelopment and modernization. Planned improvements include full façade enhancements, upgraded site elements, and four new construction opportunities, bringing renewed energy and expansion potential to this established retail hub. New development opportunities include a Martin Pad ground lease opportunity ($150,000/year), Sawmill Pad #1 ($250,000/year), and Sawmill Pad #2 ($200,000/year), along with new construction space along SR-161 offering 1,500–9,533 SF available for lease ($55/SF inline | $65/SF end cap). The center benefits from five points of ingress and egress, including two signalized intersections, providing exceptional accessibility and visibility along Sawmill Road (39,095 VPD) and W. Dublin-Granville Road / SR-161 (25,160 VPD). Located within a mature and affluent Columbus submarket, the property is supported by over $550 million in consumer spending within two miles and strong regional fundamentals. The Columbus MSA—home to more than 2.2 million residents—has grown over 10.6% in the past decade, driven by major job creation, tech expansion, and transformative investments such as Intel’s $20B semiconductor campus, positioning the area for continued population growth and long-term retail demand.