Keeping up with CRE trends is as easy as 1-2-3 with our weekly piece! The Weekly Review is a new blog series that will be released every Friday. The market is constantly growing and adapting to new ventures and ideas, and our goal is to provide up-to-date information into what is happening in both the Columbus and U.S. markets, as well as the commercial real estate industry as a whole. As stories evolve, the Weekly Review will continue to follow along and update our clients and community.
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“Columbus' Near East Side continues to evolve into a more dense, mixed-income community. Near East Side neighborhoods have seen an uptick of new investment and redevelopment in the past decade, including a first-of-its-kind development and other initiatives that bring community spaces and amenities to the area. The Trolley District Apartments are being built using Connect Housing Blocks' modular units. The complex is nearing completion, with the modular construction cutting down on the time traditional construction brings. The project is one that developer Brad DeHays hopes to replicate at other sites in Columbus.”
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“New medical offices, housing, commercial space and upgraded municipal facilities are coming to Gahanna. Columbus Business First recently spoke with Gahanna Mayor Laurie Jadwin about these community and economic development projects, which are creating new jobs, adding amenities, streamlining city services and, in some cases, transforming entire areas of the city."
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“The sale of three prominent buildings that Downtown Columbus Inc. plans to purchase from Huntington National Bank is expected to be finalized by the end of the year. Columbus Business First in August reported that the nonprofit development corporation would buy the Huntington Plaza at 37 W. Broad St., the Wyandotte Building at 21 W. Broad St. and the Capitol Square Building at 17 S. High St. The purchase price will not be disclosed until the sale is finalized. Amy Taylor, president of Downtown Columbus Inc., said the organization has been performing due diligence on the properties since the acquisition was announced.”
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