NATIONWIDE SEEKS TO DEVELOP NEW CAMPUS AT GRANDVIEW YARD NEAR COLUMBUS
July 15th, 2014
Scott Reid, REBusinessOnline
GRANDVIEW HEIGHTS, OHIO — Nationwide Realty Investors (NRI), the real estate arm of Nationwide Mutual Insurance Co., has proposed to the Grandview Heights City Council development plans for a new corporate campus at Grandview Yard.
The Grandview Yard mixed-use development in Grandview Heights outside Columbus currently includes 92,000-square-feet of office space, a 42,000-square-foot LA Fitness location, a 126,000-square-foot Hyatt Place hotel and 154 luxury apartment units.
Nationwide’s development plans at Grandview
Yard include the new 500,000-square-foot campus designed to support more than 3,000 associates, a 135-room hotel and a 13,000-square-foot conference center.
The projects proposed represent more than $100 million in private investment.
“This proposal represents a great win for our entire community, both the city of Grandview Heights and the overall Grandview area,” said City Council President Anthony Panzera. “We are thrilled that NRI is willing to make this commitment and we look forward to working closely with them to finalize the details.”
The proposed Nationwide campus, located along Yard Street between Goodale Boulevard and Third Avenue, would include three, four-story interconnected office buildings with three adjacent four-level parking structures. The first building would include 320,000 square feet of space and open in 2016. The second building would include 160,000 square feet of space and open in 2017. The third building would open in 2019.