Category Archives: development

Columbus Construction Update for August 2015

There’s an amazing amount of commercial and residential construction activity in the Columbus Metro this summer so I thought I would take you over to Walker Evans’ Columbus Underground for an update. Covered are the new Nationwide Children’s Hospital building at Parsons and Livingston, which is driving the development in Olde Town East.   I have…

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

columbus easton retail building for lease

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 third in Columbus along with Lane Avenue and Dublin Grandville Road. They also opened their…

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…

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

net leased retail in Delaware County Ohio

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

los angeles net leased retail

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…

Another huge project for Los Angeles’ South Park

shenzhen%201

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

Los Angeles net lease retail

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

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…

Redevelopment of Budd Dairy site in Italian Village proposed

A new proposal from Lykens Companies to redevelop what is one of the largest structures in Italian Village is on the table in front of the Italian Village Commission. Lykens plans to not only restore the Budd Dairy building but to add five additional modern mixed use to the site. The three and four story…

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…