September 26th, 2013
Staff Writer, Midwest Real Estate News
Columbus-based Nationwide Realty Investors has begun construction of the Keystone building, the second phase of its Grandview Yard Apartments project in Columbus, Ohio.
The Keystone building will add an additional 120 upscale units located in three-interconnected four-story buildings bringing the project’s residential to a combined 274 units. The new one- and two-bedroom apartments will range in size from 700 square feet to more than 1,000 square feet.
Located on Yard Street just north of the existing Grandview Yard Apartments, the Keystone building will also feature 28,000 square feet of Class A commercial office space on the ground floor. The project is set to be complete in the summer of 2014.
The expanded Apartments at Grandview Yard will join Hyatt Place Hotel, LA Fitness, Buckeye Hall of Fame Grill, Jason’s Deli, Massage Envy, Schindler Dentistry and several office tenants. A 93,000-square-foot Giant Eagle Supermarket is also planned to open in the middle of 2014.
When completed, the master plan for Grandview Yard calls for 600 to 800 residential units with both for-lease and for-sale opportunities.