Hello and happy Wednesday, Columbus.
Here is the commercial real estate news you might have missed if, like me, you’re still processing the Intel groundbreaking event from last Friday:
- Now that Intel Corp. has started work on its Central Ohio facility, the communities surrounding the site are working to increase their staff, evaluate the amount of available housing and streamline the development process. Read my story about how New Albany and Licking County are preparing for this mega-project.
- Fast-growing BBI Logistics plans to more than double its office footprint as it moves from a nearly 50,000-square-foot space at 80 E. Rich St. to a 120,000-square-foot space at the new Astor Park office building.
- Plans to redevelop Cooper Stadium are headed to Columbus City Council. Arshot wants to transform the former baseball stadium and the land around it into a mixed-use development, with apartments, outdoor event space and retail.
- Goodwill Columbus’ Grandview-area headquarters site will one day house apartments and an Aldi grocery store, thanks to Elford Development.
- Dublin City Schools purchased nearly 100 acres of land, the largest purchase in the district’s history.
- Pizzuti Cos. last week started site work on the redevelopment of the Schumacher Place Giant Eagle.
- National Church Residences, a Columbus-based nonprofit senior living developer, is looking for a new CEO. The current CEO, Mark Ricketts, plans to retire next June.
- An Ohio State-area project that would tear down The Little Bar and a nearby church has been stalled, with the area commission zoning committee tabling the project proposal. An Austin, Texas-based developer wants to construct two nine-story mixed-use buildings where the Little Bar and the University Baptist Church currently stand.
- Visitors to Franklinton can now look at the murals spotting the neighborhood and hear directly from the artists. Kaufman Development’s Gravity, the Greater Columbus Arts Council and Franklinton Arts District partnered to create the Cbus ArtWalks app, which officially launched last week.
- Indianapolis homebuilder Onyx+East is expanding into Central Ohio with developments in Lewis Center and near Upper Arlington, investing $200 million in these Central Ohio projects as well as others.
- MKSK’s new CEO says although Columbus will always be the flagship office, the firm’s growth is in other markets. He wants to expand to even more cities — the firm has offices in 12 now — and grow the number of projects the out-of-town offices do.