Grandview Yard Update 2

Grandview Yard, the $500 million, 90 acre development located just west of Downtown, Columbus announced recently their desire to add 154 apartments in three four-story buildings.  Initial plans for Grandview Yard included as many as 600 housing units over time.

This is welcome news for a young urban development that has had early success.  The fact that Nationwide Realty Investors, developer of the property, is willing to invest further is a good sign for the Yard as well as for the Columbus market.  Here is a list of the businesses that have called Grandview Yard their home:

                Hyatt Place

                Urban Active

                Jason’s Deli

                The Buckeye Hall of Fame Grill

                Massage Envy Spa

                Schindler Dentistry

                M&A Architects

Downtown Columbus: Just Add Employees

Nationwide Insurance announced today they will be moving 1,400 employees from Dublin to Downtown Columbus.  This is part of a commitment Nationwide Realty Investors has made to help garner additional support for the Grandview Yard project (see previous post Grandview Yard Update) via a tax increment financing package.

Read the Business First article here:
Nationwide Bringing 1,400 Job to Columbus

Columbus Dispatch article here:
Nationwide to move 1,400 jobs Downtown

9/8/2011 Note:  The original content of this post incorrectly stated that the Dublin Nationwide jobs would be moving to Grandview Yard.  The above reflects the correction.  It was recently announced that Nationwide will be moving those employees into a new building that will be constructed at the corner of  North Front Street and Nationwide Boulevard. 

Grandview Yard Update

Grandview Yard is located just west of downtown Columbus. The site was home to several warehouses and corporate offices for Big Bear – a large regional grocery player headquartered in Columbus for almost 75 years. In 2004, Penn Traffic, the owner of Big Bear since 1989, closed all stores and exited the Columbus market. Grandview Heights – a bedroom community known for its neighborhoods and lively “downtown” Main Street lost quite a bit of tax revenue when Big Bear and its corporate jobs left Columbus. After years of planning – Grandview Yard is rising in its place.

Grandview Yard will be a mixed use development and will include a minimum of 1.5 million square feet of retail and office space and 600 – 800 residential units on approximately 80 acres. Tenants that have committed to Phase 1 of the project include Urban Active Fitness, Hyatt Place Hotel, Jason’s Deli, M+A Architects as well as the Buckeye Hall of Fame Grill – a new restaurant concept licensed through The Ohio State University.

Nationwide Realty Investors and Capital Square Ltd have joint ventured to develop the private, $500 million development that is slated to open September 1st of this year.  MSI Design provided master planning for the entire 80 acre site.

Learn more about Grandview Yard from their website here:
Grandview Yard

Read Shopping Center Business article here:

Grandview Yard Gathers Steam

And a Columbus Underground update on the Hyatt Place Hotel here:

Hyatt Place Hoists Sign Over Grandview Yard

And for a location of the project:

Grandview Yard Location