Nationwide Realty Investors is ready to make a big commitment to the Grandview Yard mixed-use development in Grandview Heights, Ohio.
Nationwide plans to build a 500,000-square-foot campus for its employees, a 135-room hotel and 13,000-square-foot conference center at the site.
Nationwide officials unveiled their plans earlier this month to the members of the Grandview Heights City Council. Anthony Panzera, president of the city council, said that he and the other members of the body are looking forward to working with Nationwide to make the new plans a reality.
“This proposal represents a great win for our entire community,” Panzera said. “We are thrilled that Nationwide is willing to make this commitment.”
Plans call for the new Nationwide campus to 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 160,000-square-foot second building would open in 2017, with the third building opening its doors in 2019. The new campus, once it is completed, will be able to accommodate more than 3,000 Nationwide associates.
The hotel and conference center are scheduled to open in 2016. NRI would own the hotel, which would be operated by Columbus Hospitality.
Plans also call for 2.5-acre public park that, Nationwide officials say, would serve as a gathering place for the neighborhood.
Grandview Heights’ officials said that the Grandview Yard development, and the new additions proposed by Nationwide, will be a positive for the community.
“It is an important day in the history of Grandview Heigths,” said Ray DeGraw, mayor of Grandview Heights, in a press release. “Nationwide’s new campus fulfills our city’s community planning vision that called for a vibrant mixed-use district offering professional jobs, an enticing residential lifestyle, vital businesses and an expanded tax base.”
The Grandview Yard mixed-use project sits on the former Big Bear warehouse site at the intersection of State Road 315 and Interstate 670 in Grandview Heights. It is also just minutes from downtown Columbus and The Ohio State University.
Grandview Yard covers more than 100 acres. When complete, it will include offices, restaurants, grocers, retail and hospitality uses.