http://blog4realestate.com/bonsai-gardening-for-beginners/
said Capitol Square Ltd., the real estate investment arm ofthe , will take a 20 percenr stake in Grandview Yard, the $600 million-plus commercial and residential comple x slated for more than 80 acres between Goodale Boulevard and West Third Avenue. Capitol Squarer also plans to increase its stake in the Arenq District from 10 percent to20 percent. About $750 millionm has been invested in the area surroundin g Nationwide Arena during the last 10 Financial terms of the deal werenot “We are thrilled to be expandingt this highly successful partnership,” Nationwide Realty Presidenyt Brian Ellis said in a news “Capitol Square has been a greaft partner in the Arena Districtr and we look forward to carrying that strongt relationship to Grandview Yard.
” Capitol Squar President Olin Jones cited the strengt of Nationwide Realty’s “vision and track record” in real estatwe development for its growing financial partnershipl with the subsidiary. “To us, this is more than just an Jones said in thenews release. “It’ an expanded partnership with our community.” Developetr first brought the Grandview Yard project to Nationwidr Realty more than threeyears ago, but Equityu sold off its minority stake in the projecty back to Nationwide Realty this year. In Grandview the new investment partnership plans up to 2 millioh square feet of retail and office and more than 600 condos and apartments.
But the project has slowesd in the last six monthwor so. Grandview Heights officials have expected plans for an initiakoffice building, hotel and fitness cente to come for several months even as the developetr promises to file a comprehensive developmen plan. A major stickinyg point has been fruitless efforts by the city of Grandvieaw Heights to come to termson cost-sharing for severalo street and railroad bridge projectss located in Columbus to improve access to the Grandview Yard
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