Columbus
Market Uptick Prompts Plans to Build 2 Hotels on Olentangy Rd.
Hotel occupancy in the Midwest continues to recover from the low levels of the recession. In Ohio it rose to 56.5 percent, according to Marcus&Millichap. The increase is a result of a decline in available rooms.
CMA Plans Spring Launch for $38M Final Phase of Renovation
The Columbus Museum of Art (CMA) is ready to start work on the last phase of its three-part Art Matters renovation and expansion project. The central Ohio museum presented plans for its new wing to the City of Columbus Downtown Commission on January 22 and expects to break ground in late Spring of this year.
Team Gemini Advances $300M Process Complex in Grove City
By Adrian Maties, Associate Editor Team Gemini plans to invest at least $312 million in industrial processing and research facilities near the Franklin County Sanitary Landfill in Grove City, Ohio. The Orlando-based sustainable project design and development company signed 99-year leases with the Solid Waste Authority of Central Ohio on Jan. 8 for two parcels […]
Fairfield Medical Center Plans $35M Expansion in Lancaster
The Fairfield Medical Center has announced last week it will invest $35 million in renovations and expansions at its main campus on 401 N. Ewing Street in Lancaster, Ohio. The Fairfield Medical Center Board of Directors has already approved the plan at its regular board meeting on December 12. Plans call for the construction of a new surgery space between the main hospital and its surgery pavilion, connecting them. The addition will allow for the creation of centralized surgery operations for most services.
Simon/Tanger JV Plans 350 KSF Mall in Delaware County
Indianapolis-based Simon Property Group (NYSE:SPG), the nation’s largest shopping mall operator and the largest real estate company in the world, has recently formed a joint venture with Tanger Factory Outlet Centers Inc. (NYSE:SKT) of Greensboro, North Carolina to build two upscale outlet centers of equal size in Columbus, Ohio and Charlotte, North Carolina. Both parties would hold a 50% stake in the two centers.
DSW Inc. Buys its HQ in Columbus for $72M
In a $72 million deal, the footwear and accessories retailer DSW Inc. has acquired its corporate headquarters in Columbus.
Hilton Debuts $140M Downtown Hotel, Touted as Convention Magnet
The $140 million Hilton Columbus Downtown opened its doors to the public on Oct. 19. Local businesses and city officials are counting on the new property to help the capital city get more competitive in attracting conventions and other events.
Residents Arrive at Grandview Yard’s First M-F Complex
Residents have started moving into the Apartment at the Yard complex, the initial multi-family component of the Grandview Yard mixed-use development in Grandview Heights.
Miller-Valentine Starts $11.5M Senior Housing Complex
The Miller-Valentine Group has kicked off Delaware Place Apartments, an $11.5 million affordable senior housing complex in Delaware.
Carter Breaks Ground on $50M Residential/Retail Development Downtown
Atlanta-based Carter, one of the largest investment, development and advisory firms in the United States, recently started construction on phase two of a mixed-use project in downtown Columbus.