Easton Gateway is Just About Complete When Whole Foods Opens September 2nd

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If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Whole Foods is the last large tenant in Easton Gateway and they were one of the original tenants announced back in 2013 when the project was unveiled. The 45,000 square foot store will be Whole Food’s 422nd store and the…

Central Ohio’s Franklin County Ranked Number Four Nationally for Job Growth for large companies.

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Some more good news to report regarding Central Ohio, brought to you by www.headlightdata.com. “Top 10 Counties with Best and Worst Performing Holding Company Economies of 2014: Harris County-TX / Houston Creates the Most Jobs at Holding Companies; Fairfax County-VA / Washington DC Loses the Most Recently released data show that jobs created in 2014…

Columbus – The Next Hot Spot For Millennials?

I missed this when the article was published a couple of months ago, although I’ll admit that I don’t read Mother Jones all that much. Columbus: Where the cost of living is more living than cost, reads one ad.  Given where our rents have gone over the last few years, that’s not nearly as true…

Columbus – First in the Nation With Wage Growth

Money / CNN reports that hourly wages grew at a rate of 6.2% in Columbus, far higher than the national average of 2.1%. Much of this can be attributed to the unemployment rate here in Central Ohio, which at 4.2% is getting to the point that we’ll start experiencing labor shortages as we already are…

Columbus Downtown Apartment Building Boom Complete With Sky High Occupancy Rate

Columbus adds several hundred units per year downtown and has been doing so for several years, but the demand keeps building. According to a report released by the Capital Crossroads Special Improvement District, the Downtown district has a market occupancy of 95%. That’s about as close to full occupancy as you can get considering normal…

Massive Los Angeles Housing Building Boom Is Not Massive Enough

California Commerce Department reports that approximately 20,000 residential building permits were issued in the first six months of 2015.  This is up 41% from the same period last year, and 72% of those permits were in the large multiunit housing projects similar to what you see all over South Park, south of Downtown LA. Sure,…

Clintonville – Olympic Swim Club Mixed Use Project Approved

The slightly downsized project for the old Olympic Swim Club site at 3450 Indianola finally got its final zoning approval by Columbus City Council. Initially, the project was slated for 152 apartments and 18,000 square feet of retail and restaurant, but that brought quite a bit of resistance from local residents concerned about traffic as…

Columbus City Council votes 7 – 0 for Hamilton Road 161 Project, Hamilton Crossing

Finally, after a decade of the fights with the Army Corps of Engineers over wetlands and then the real estate downturn, something is finally going to happen with this big empty field I drive by every day. Monday night, Columbus City Council approved by a vote of 7 – 0 the 330 acre, $250 million…

Sawmill Parkway to be Extended to Route 42 in Delaware County

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This has been a long time coming.  Finally, construction is going to get started on the Sawmill Road extension in the next couple of weeks with completion expected in October 2016. Today, Monday, Delaware County Commissioners approved the $30.4 million contract to extend Sawmill Parkway by almost five miles from Hyatts Road to Route 42…

Los Angeles Downtown’s Broadway Trade Center Revamp

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Wow, look at this. A massive conversion of this massive 1908 property is on the way soon. Waterbridge Capital bought the property last year for $130 million The 1.1 million square foot Broadway Trade Center opened in 1908 and even had a 1,000 seat theater and a rooftop garden, although much smaller than what is…

Uptown Westerville – Pasquale’s Closing, Asterisk opening

Uptown Westerville is becoming the north, Short North. What a transformation over the last few years from antiques to polished casual restaurants and bars. First it was Old Bag of Nails then Jimmy Vs to Koble (in a building I sold). Then the 8 State Bistro takes the place of the old State Street Theater…

The Morse Road Northland Village to Get New Kroger

The once hot Northland area in the 60s and 70s fell into decay and vacancy after Lazarus closed their Northland store a decade or so ago.   There’s been a major attempt to revitalize the Morse Road net lease retail area over the last several years with some success.   Biggest success is the new Menards store…

The Short North White Castle Project Gets an Update

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As was just reported by Walker Evens of Columbus Underground, and just about everyone else, Borror Properties revealed its latest design update for the 11 story proposed replacement for the old pre WWII White Castle located at second and HN High Street. After feedback from the Victorian Village Commission in April, Borror made some very…

Wealthiest Zip Codes in the United States

This is a fun post. Experian, one of the three big credit reporting agencies, put together an infographic showing the wealthiest zip codes in the country (at the link below). Some real surprises here.  What’s up with Dayton’s 45423 at $800k+ per year or 93778 in Fresno at almost a million per year?   Or Alaska,…

Another huge project for Los Angeles’ South Park

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This is just amazing. Another mega project for LA’s south Park with a newly announced multi tower project with high rises up to 42 stories to be located at Olympic and Figueroa all the way to Eleventh and Flower. China’s developer, Shenzhen Hazens Real Estate Groupis currently in the ntotlement process on the Gensler designed…

Delaware County’s Tanger Outlet Mall Approved

Delaware County commissioners have approved the $17.6 mil worth of roads that well soon serve the route 36/37 net leased retail 350,000 square feet Tanger Outlet Malls. Preliminary site work has already begun, but a date for the official ground breaking hasn’t been announced yet, but it expected to be very soon. The project includes…

Los Angeles’ South Park New Developments in Progress

In my 30 years in LA, never did I think I would see something like the following happening. South Park, roughly defined as southwest of the Arts District, south of downtown Los Angeles, east of the 110 and north of the 10, has 28 new developments in progress. Historically, what is now known as South…

Los Angeles Gets 40 Story Mixed User in Historic Core

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Hellen’s 525 S Spring Street will get a big high rise designed by Steinberg Architects with TSK Architects and seen here http://urbanize.la/post/new-design-and-rendering-stationers-tower-project-historic-core. Plus, this will include the renovation of three historic theaters on Broadway, LA’s Broadway, the Roxie, Cameo, and Arcade to further the very successful revitalization of the theater district.  http://la.curbed.com/archives/2015/02/stunning_looks_inside_7_of_broadways_rarely_opened_theaters.php This is the…

Clintonville – North Broadway and High Street Development

Northstar Realty and Mark Ford of Ford and Associates AIA presented a preview of preliminary plans they will eventually take to the Clintonville Area Commission for approval.  The meeting was hosted by Positively Clintonville https://www.facebook.com/pages/Positively-Clintonville/1401958676717564 to allow the developer to get feedback from the community before the plans were submitted for approval from the city….

Another Mixed Use High Rise For Los Angeles Core

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This one at 33 stories in the Los Angeles historic core will contain 320 market rate apartments plus 22 very low income units and 86 workforce housing units. Still not sure what ‘workforce’ means in terms of rent. TCA Architects did the design work.  Pretty nice for Pershing Square. The studios range in size from…