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As State Fair Nears, Crowne Plaza Columbus North – Worthington Wraps $5.3M Renovation

As State Fair Nears, Crowne Plaza Columbus North – Worthington Wraps $5.3M Renovation

With the Ohio State Fair just around the corner, Columbus hotel operators are doing their best to take advantage of this important opportunity and attract as many tourists as possible to fill their rooms. One such hotel, the Crowne Plaza Columbus North – Worthington, has recently completed a $5.3-million renovation…

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Tax Breaks to Promote 4 Expansion Projects in Central Ohio

Tax Breaks to Promote 4 Expansion Projects in Central Ohio

Persistent Systems Inc., Zipline Logistics LLC, NEX Transport Inc. and ISS America Inc. will soon bring 135 new jobs to central Ohio. On Monday, June 24, the Ohio Tax Credit Authority approved 15 projects statewide for tax incentives. The four companies are among these 15 projects expected to create a…

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Champion Acquires 352-Unit M-F Complex in Hilliard for $10M

Champion Acquires 352-Unit M-F Complex in Hilliard for $10M

Champion, a privately-held, fully-integrated, multi-family investment firm based in Westerville, announced last week the acquisition of a 352-unit apartment complex in Hilliard. The transaction was closed on May 31.…

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Columbus, Dublin M-F Projects Win Key Approvals

Columbus, Dublin M-F Projects Win Key Approvals

Apartments are popping up in the Columbus area like mushrooms after a spring rain. In my previous article, I told you about a 504-unit project NP Limited and Trivium plan to develop in Westerville. And the Columbus apartment construction boom continues with two new projects that will deliver over 400…

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NP Limited, Trivium Plan Summer Start for Upscale 504-Unit M-F Project in Westerville

NP Limited, Trivium Plan Summer Start for Upscale 504-Unit M-F Project in Westerville

At the end of April, the Westerville City Council has approved the final development plan for the first phase of the Ravine at Westar, a large-scale apartment complex in Columbus.…

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Messer Construction Tapped for $370M OSU Project; Review Shaves Budget by $26M

Messer Construction Tapped for $370M OSU Project; Review Shaves Budget by $26M

The Ohio State University announced last week it has selected Messer Construction to lead the team of construction and design firms that will work on the construction and renovation of the North Residential District. The project is now expected to cost $370 million.…

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Vision Development Launches $23M M-F Complex on Columbus’ West Side

Vision Development Launches $23M M-F Complex on Columbus’ West Side

Columbus is experiencing an apartment building boom like nothing it has ever seen in recent decades. One developer trying to take advantage of the area’s growing population and the improving economy is Vision Development, Inc.…

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Prologis Lands SpeedFC for 770 KSF Build-to-Suit Distribution Facility in Etna

Prologis Lands SpeedFC for 770 KSF Build-to-Suit Distribution Facility in Etna

Prologis, Inc. has signed a new build-to-suit agreement with SpeedFC, Inc., a Dallas-based subsidiary of Navarre, for a 770,000-square-foot distribution center in Etna, Ohio. The San Francisco-based global owner, operator and developer of industrial real estate made the announcement on Monday, March 25.…

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Champion Adds 108-Unit Westerville Complex to Growing M-F Portfolio

Champion Adds 108-Unit Westerville Complex to Growing M-F Portfolio

Champion Property Management, a privately-held, fully-integrated, multi-family investment firm, announced last week its twelfth apartment community acquisition this year. A Champion-sponsored affiliate purchased Caleb’s Creek Apartments, a 108-unit apartment complex in Westerville, Ohio. The price of the transaction has not yet been disclosed.…

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Welsh Buys 2 Warehouses in Groveport, Obetz as Part of $100M, 2.7 MSF Deal

Welsh Buys 2 Warehouses in Groveport, Obetz as Part of $100M, 2.7 MSF Deal

Minnesota-based Welsh Property Trust has purchased two industrial properties in central Ohio. They are both part of the Core Midwest Distribution Portfolio, a five-building portfolio acquired by Welsh Property Trust for $99.5 million. The other buildings are located in Chicago, Indianapolis and Cincinnati.…

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Market Uptick Prompts Plans to Build 2 Hotels on Olentangy Rd.

Market Uptick Prompts Plans to Build 2 Hotels on Olentangy Rd.

Hotel occupancy in the Midwest continues to recover from the low levels of the recession. In Ohio it rose to 56.5 percent, according to Marcus&Millichap. The increase is a result of a decline in available rooms.…

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CMA Plans Spring Launch for $38M Final Phase of Renovation

CMA Plans Spring Launch for $38M Final Phase of Renovation

The Columbus Museum of Art (CMA) is ready to start work on the last phase of its three-part Art Matters renovation and expansion project. The central Ohio museum presented plans for its new wing to the City of Columbus Downtown Commission on January 22 and expects to break ground in…

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