Category Archives: Commercial

Another Mixed Use High Rise For Los Angeles Core

Los Angeles downtown retail space for lease

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…

Dublin’s – 420 Unit Casto Development Tuller Flats Approved

Dublin Ohio’s Planning and Zoning Commission has approved what is to date the largest of the developments in the Bridge Street District. The construction of the 420 unit apartment complex will allow the city to begin construction of the John Shields Parkway connector from Village Parkway to Tuller Ridge Drive. Tuller Flats, once completed will…

Columbus – East Franklinton Development with 69 New Lofts

franklinton live work lofts

The trickle of development in Franklinton will soon turn to a torrent as this long long neglected area becomes the next Short North. So here’s another small piece with a 69 unit work loft with first floor Columbus net leased retail located at 400 W Rich St. designed by Jonathan Barnes Architecture and Design. The entire…

Los Angeles Downtown – Fig Central Breaks Ground

Los Angeles downtown commercial real estate development

The South Park mega billion dollar project, Fig Central, just broke ground on the 4.6 acre lot that’s adjacent to LA Live. The project will have a five star Robert Cavalli hotel, luxury condos and 200,000 square feet of net leased Los Angeles retail space that will feature a covered open air shopping mall.  The…

Commercial Real Estate Construction Update for Columbus and Central Ohio

I didn’t get chance to get out and take any pictures in the last month so I’ll turn this topic over to Walker Evans with Columbus Underground at the link below the text. In January work progressed pretty well, but February has been a different story.   I would expect some of these commercial construction projects…

Micro Living in Downtown Columbus

As downtown Columbus multiunit rents get silly and two bedroom flats can run $2,500 per month, there need to be an alternative for those who work downtown. The solution has been in major high rent coastal cities to more toward micro apartments with just about enough room to inhale and exhale.   That trend is coming…

Los Angeles – Hollywood Park NFL Stadium Moving Fast

There just might be a new 80,000 NFL stadium on the site of the old Hollywood Park under construction by the end of the year. St. Louis Rams owner Stan Kroenke announced last month that he’s joining Stockbridge Capital who was already building a mega project on the site with single family and multiunit residential,…

Santa Monica’s No Growth is Forcing Tech Firms Out

Santa Monica has a very active bunch of NIMBYs who will shut your new project down if they don’t like it, and that’s generally the case. Tech industry has become the source for 25% of Santa Monica’s jobs and they’re doing their best to drive them out. Google and Yahoo have already given up and…

IKEA for Columbus on Polaris

Edit:  Question mark removed.  It happened.  It will create 500 new jobs.  Great news for Columbus. There will be a big announcement from IKEA today at 11:00am and I bet dollars to donuts that it be concerning a new and first Columbus store for the long vacant site north of Polaris where Germain Amphitheater used…

New Downtown Columbus 12 Story Hilton Garden Inn Proposed

If we decide that we really do want convention business in Columbus we must do something about the lack of hotel rooms within walking distance of the convention center. Although not nearly enough, the newly announced 12 story 170 room Hilton Garden Inn to be constructed at 77 East Nationwide Blvd. is a help. Columbus…

Latest Approved Bridge Park Plans for Dublin Ohio

Bridge Park

The city of Dublin, Ohio approved the basic development plan for the Massive Bridge Park Development. Once completed The Bridge Park Development is expected to be over one million square feet of residential, 222,000 square feet of office, 120,000 square feet of retail, 136,000 of conference and hotel, 92,000 square feet of restaurant plus a…

Kroger Bought Macy’s Site at Kingsdale in Upper Arlington

It was just announced yesterday that Kroger Co. bought the Macy’s site at Kingsdale for $10.5 mil on January 15, 2015.   Macy’s had recently announced plans to close the 45 year old store that was formerly a Lazarus. The grocery retailer, Giant Eagle is getting some new competition. However, little in the way of details…

New I-71 Interchange at Route 36/37 for $53mil

Once finalized, this second route 36/37 interchange may end up looking just like the interchange at Polaris Parkway and Gemini Place, The proposal that ODOT likes puts this second interchange about 3/4 of a mile south of the existing interchange so right in Pat Shively and James Klingbeil’s proposed Northgate development. And by the way,…

Westerville Planning Commission Approves Ravines

By a 6 – 0 vote the City of Westerville Planning Commission finally approved the M&I Homes development named the Ravines to be built on a 73 acre parcel with 139 single family homes. The parcel borders Hanawalt Road between Main Street and County Line Road.  The property is currently being annexed from Sharon Township…

Developers Chosen For Old Columbus Municipal Power Plant On Nationwide Blvd

The City of Columbus announced that they have chosen Brad DeHays and Schiff Capital to redevelop the three buildings that comprise the long closed Columbus Municipal Power Plant property at 555 West Nationwide Blvd. The three buildings mentioned above are all on the north side of Nationwide Blvd. The plan is to add retail, office…

Rick Caruso does Pacific Palisades

Pacific Palisades

The reimagining of Pacific Palisades’ Palisades Village has been underway for years by Rick Caruso, developer of The Grove and Americana at Brand.   Now the actual work is about to begin and is expected to be completed in 2017. Palisades is one of if not my favorite Southern California suburbs, but had become a little…

New Six Story Culver City / Palms Mixed Use

West Los Angeles net leased retail and apartments

Better late than never is the story with this new ground floor net leased retail mixed use building with 131 apartment units above.  It’s on the northwest corner of Washington Blvd and Hughes Avenue in Palms, bordering Palms and Culver City. Developed by NMS Properties with Architects Killefer Flammang in Santa Monica.  The building will…

Campus Partners Picks Edwards for South Campus Gateway

It was announced today that it was local developer, Edwards Communities that was picked to develop Ohio State University’s South Campus Gateway. The retail, office and residential development will be one step closer to connecting the short North with OSU and Weinland Park. The seven acre development is mostly east of high Street in the…

Day Companies Buys Madison’s Retail buildings

columbus downtown net lease retail

One block of blight on High Street will be redeveloped with the purchase of the three long vacant Madison’s store buildings at 72-84 N High Street by Ricky Day of the Day Companies. The two six story and one four story building comprise the 84,000 square feet of the old Madison’s retail department store.   The…

Mid Ohio Regional Planning Commission – Insight 2050 Report

Mid Ohio Regional Planning Commission (MORPC) with collaborative partners Columbus 2020 and ULI Columbus released their final draft of their Insight 2050 report to compare and contrast four different possible growth scenarios for Central Ohio. The four scenarios compare growth similar to what we’ve done in the past with urban sprawl in Scenario A to…