{"id":1004050403,"date":"2012-10-20T18:50:49","date_gmt":"2012-10-21T02:50:49","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=75155"},"modified":"2020-04-09T05:32:24","modified_gmt":"2020-04-09T13:32:24","slug":"residents-arrive-at-grandview-yards-first-m-f-complex","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/residents-arrive-at-grandview-yards-first-m-f-complex\/","title":{"rendered":"Residents Arrive at Grandview Yard\u2019s First M-F Complex"},"content":{"rendered":"<p>By Adrian Maties<\/p>\n<p style=\"text-align: justify\">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. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/10\/502bac7c83b1a137.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-75156\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/10\/502bac7c83b1a137.jpg\" alt=\"\" width=\"300\" height=\"143\" \/><\/a><\/p>\n<p>Nationwide Realty Investors Ltd., Grandview Yard\u2019s master developer, announced that contractors are wrapping up construction of the first of three four-story buildings. All 46 units of the first building are already fully leased. The second and third buildings are scheduled for completion in early 2013.<\/p>\n<p>\u201cWe have delivered our first fully-finished units ahead of schedule, with the remaining units leasing fast.\u201d Nationwide Realty Investors\u2019 President and CEO Brian Ellis commented. He added, \u201cGrandview has proven to be an attractive market for young professionals who love the neighborhood feel and want to be near downtown.\u201d<\/p>\n<p>Apartments at the Yard will consist of three four-story buildings, U-shaped in plan. The apartments will be a mix of one-bedroom and two-bedroom units and townhouses. <strong>\u00a0<\/strong>Monthly rents will range from $995-$1,255 per month for one-bedroom apartments; from $1,375-$1,855 for two-bedroom units; and from $1,825-$2,095 for town homes. All units will feature private terraces or patios, ceramic tile or wood flooring, stainless steel appliances, walk-in closets, washers and dryers and secured key fob access.Amenities at the community, which will be pet-friendly, will include a swimming pool, hot tub and a grilling area.<\/p>\n<p style=\"text-align: justify\">Population and employment\u00a0growth <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/10\/columbapt.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-75157\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/10\/columbapt.jpg\" alt=\"\" width=\"182\" height=\"300\" \/><\/a>in the Columbus metropolitan area have boosted multi-family fundamentals and prompted developers to start building. Marcus &amp; MIllichap Real Estate Investment Services Inc. expects vacancy to drop to 6 percent this year with average rents reaching $701 per month and effective rents rising to $665 per month.<\/p>\n<p>Grandview Yard encompasses nearly 100 acres on the site of the former Big Bear warehouse. \u00a0Nationwide Realty Investors plans between 1.5 million and 2 million square feet of office and retail space and more 600 residential units.<\/p>\n<p>Grandview Yard is also the first project in the Midwest registered for certification for the U.S. Green Building Council\u2019s LEED for Neighborhood Development.<\/p>\n<p>Photo credits: <a href=\"https:\/\/www.grandviewyardapartments.com\" target=\"_blank\" rel=\"nofollow\">www.grandviewyardapartments.com<\/a><strong>.<\/strong><strong><\/strong><\/p>\n<h6 style=\"text-align: justify\">Charts courtesy of <a href=\"https:\/\/www.marcusmillichap.com\" target=\"_blank\" rel=\"nofollow\">Marcus&amp;Millichap<\/a><strong>.<\/strong><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":1269,"featured_media":1004507026,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1585,21742],"tags":[],"class_list":["post-1004050403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-columbus","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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