April 1st, 2008
Heartland Real Estate Business
Grandview Heights, Ohio—Columbus, Ohio-based Nationwide Realty Investors (NRI) has released the conceptual plans for Grandview Yard, a $500 million mixed-use development located in the Columbus suburb of Grandview Heights, near the campus of Ohio State University. Encompassing 80 acres, the project will feature 1.5 to 2 million square feet of commercial space that will include a significant specialty ad anchor retail component, restaurants, and offices. Other components include more than 600 residential units and three new parks. Construction is set to begin in early 2009. The project is owned and developed by a joint venture involving NRI, with leasing, management and construction services being provided by Columbus-based Equity.