Grandview Yard

All posts in the Grandview Yard category

Panera to Grandview Yard, C.M. to build steakhouse in that spot

Published January 24, 2014 by justicewg

Panera is moving the restaurant on Grandview Ave. over to Grandview Yard by the new Giant Eagle. This would put it north of third, outside Grandview (but because of the tax sharing agreement it would not be a total loss for Grandview taxes.)(later edit, I’m not sure if the agreement with Columbus contained tax sharing). The construction of more restaurants around the Giant eagle was in the plans announced back when the grocery was first mentioned, others may be on the way.

The building where the Panera is now sitting will be used by Cameron Mitchell to build a steakhouse. No word yet on the name, construction to be completed sometime after late 2015.

This is an interesting move. The nightmare outcome of the Grandview Yard development has always been for the Grandview Avenue strip to become a row of empty buildings as the shopping and dining moved into the Yard. If this plan by C.M. is firm, it shows that at least one restaurant owner is betting that the Grandview strip will continue to attract visitors.

It’s a Market District store

Giant Eagle finally confirmed that the store in the Yard will be a Market District. wow. such food. much districting.
From CU user heresthecasey, don't know where they found it.

Loeb Electric moving also

This was last year’s news but I missed the story. Loeb Electric has been in Grandview for years and has been a top 10 employer for number of jobs. The lure of money from the Yard has made them sell the Williams Ave. property and move to a west fifth location.

The taxes from those jobs will be replaced by new employers in Grandview Yard at some point. Probably. Cross fingers. No new commercial development in the Yard that would have a similar number of jobs is currently in the pipe.

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What is Giant Eagle building in Grandview Yard?

Published November 14, 2013 by justicewg
Giant Eagle construction

Giant Eagle construction

Back in April of 2012 the question of what Giant Eagle will build in the section of Grandview Yard that is north of 3rd avenue seemed to be a settled question. NRI told us it would not be a Market District store, similar to the one Upper Arlington. Maybe it would have a Get-Go gas station, but not a Market District.

Brian Ball, a staff reporter for Business First is now saying that the building permits show 90,000 square feet on the main floor and 9,000 square feet on a mezzanine. That is the same size that was reported last year for the main floor, but the large mezzanine suggests something new, maybe a Mini Market District?

Here is some rank speculation based on no inside knowledge. The rapid construction of the Millers Ale House (may be open by this time next week) and the Pizza Cucinova next door on Olentangy has caused a shift in strategy. The old plans for the property around the new Giant Eagle included some restaurants, which may be on hold to avoid a restaurant war. The Giant Eagle will now have the cafeteria style food of the Market District, figuring the fast-casual market segment is filled but aiming lower will have some success.

Giant Eagle is not commenting until the store is ready to open.

(Jan. 23rd, confirmed it’s a Market District store)

Hofbrauhaus

The TVN says that a restaurant and German-style beer hall called Hofbrauhaus will be built in the southeast corner of the yard. This is now an empty field in front of the office building and Hyatt Place.

Yea, more development, more tax income for us Grandview residents, but – another restaurant? How many can the area support, after the Millers and the Pizza Cucinova are both completed? The story talks about another office building to be built in the future, we need more of those (plus the retail sales stores that have been so slow to appear).

Tax questions for candidates (and a TIF flashback) – G.W.

Published September 23, 2013 by justicewg

One of the most important facts that any candidate for office in Grandview Heights must know is how the tax negotiations with NRI were made, and the results that we can expect from those deals in the future. TIFs are complex, but all candidates, both city council and school board, will have to deal with them, and understand how they affect current policy. We have had a slow start to the development, but with more housing units on the way we are well into dealing with the outcome, and it will be a top concern for years to come.

If a candidate comes to my door, the most important question I could ask would be “Can you give me a short lesson on the TIF agreements with NRI in the Grandview Yard development?” If they sputter and talk in generalities and obviously don’t know what was done in those TIF agreements, they have not done their homework, and should not receive your vote.

To help give you a better base of knowledge on the TIF here is a post from July 2009 that covered the negotiations with the school board. Be sure to read both the post and the link it contains to the TVN story about the deal.

(From July 2009)

A story in the TWG had a lot of detail for the negotiations with NRI over the compensation the schools will get from the G.Y. project. Read the story for the exact numbers, the school seems like they have worked out a sliding scale of increased compensation with steps in the number of housing units.

I sent an email asking O’Reilly about the quote where he seems to imply that accepting the deal from NRI on the number of units is not up for negotiation.

You are quoted saying about a possible cap on the number of housing units in G.Y., “If we put in a cap the 11% is gone and the other pieces are gone”.
Can you explain what would be gone if a cap was put in place?
How do you know that those elements of the deal with NRI would be gone with a cap – has NRI said that it is nonnegotiable?

This was his quick reply:

I am assuming you are expecting a complete answer from me and I wish to provide that to you.

I would prefer to wait until the negotiations are finalized and approved. However, I can tell you it is my feeling that it was going to be extremely difficult to get agreement on any caps that would be meaningful.

In addition, we were able to negotiate receiving a higher percentage of compensation as the number of residential units increases.

In providing more information surrounding my quote, if we pressed for a hard cap and NRI would agree, we would have needed to renegotiate our compensation package (which includes 11% of the total increase taxable valuable of the improvements plus an additional percentage of any residential growth) with the city to lower levels than we are set to receive (if NRI would actually agree to a cap).

I will also share that in order for the finances of this to work out for NRI, they will need to self-impose residential limits.  Money to pay the bonds from the TIF will be generated at a much greater rate from the commercial side versus the residential side. Ed O’Reilly.

OK, the deal is still on the table. But the question is still present – why can’t Grandview place a hard cap on the number of units? What is NRI going to do, walk away from the table? The school has a limited ability to accept new students without hitting the wall and becoming required to build a new school. When that happens, the money gets tight fast. Read the rest of this entry →

Land-Grant Brewing Company plans move to Burrell Ave.

Published August 29, 2013 by justicewg

After a successful Kickstarter funding drive last year, and a re-naming of the brewery from “Oval” to “Land-Grant Brewing”, a new beer brewery and tasting room is planning to move into the old warehouse at 945 Burrell Avenue (not sure, but I think this is where there used to be a roller skating facility? According to the website the Central Ohio Roller Hockey is still there, so it must be the warehouse beside it.)

From their website:

The warehouse is an enormous space that will allow us to create the large production brew-house we set out to build, as well as a unique and spacious tap room. Location was a big sticking point for us—our vision has always been a centrally-situated destination defined by a tight-knit, local community. Grandview Heights and the adjacent Grandview Yard couldn’t be a more fitting setting to bring that to life. The icing on the proverbial cake is that the barrel-vaulted space will let us expand and grow without the need for relocation in the foreseeable future. Needless to say, we’re beyond thrilled.

(later) Bad news for the Land-Grant Brewing guys, they signed a contract with the landlord, they were ready to show plans to the city council, when they were given the heave-ho by the landlord. No word on any chances to open anywhere else in the city.

(March 2014) They found a place to move into in the East Franklinton neighborhood of Columbus.

Apartments with ground floor commercial space announced for Grandview Yard

Published July 18, 2013 by justicewg

120 new apartments will be added to the 154-unit apartments now completed at the Yard, according to the plans submitted to the Grandview Heights Planning Commission by NRI. Four buildings with 28,000 sq. ft. of commercial space on the ground floor are more in keeping with the mixed use development that was promised back in 2007.

It is also a spit in the bucket compared to the 1.5 to 2 million sq. ft. of commercial that was originally in the plans.

How much is 28K feet of space? Maybe four small businesses. The Urban Active building has 83K sq. ft. of space in use, for comparison.

I don’t particularly like to ring the bell every time NRI adds to the Yard. At this rate, they will fill the lot up by about 2062.

Not much else going on here in Grandview, since the naked guy has gone into hiding.

Restaurants under construction in Grandview Yard periphery

Published June 7, 2013 by justicewg
Bye Bye Bank

The last “Great Idea” was “lets tear the place down”

First, a little review of the history of Grandview Yard and cooperation with Columbus.

When the plan for Grandview Yard was announced back in 2007 , there was a big sticking point. Access to the Yard is funneled by the rail bridges at Goodale and another at Third Ave., and the exit ramp off SR315 is not built for high traffic. All of the needed high cost road upgrades are inside the city of Columbus. All of the original plans for the Yard sited the buildings (and the taxes they generate) inside Grandview.

For two years Mayor Coleman balked at signing any agreement that had so much costs for his city, with so little upside. There was talk about the Yard helping the general area of Columbus on the periphery of the Yard, but with no real guarantees this would happen. The experience of the Arena District taught that new development can explode in one place, while leaving areas outside (the rest of the downtown) to wither.

In 2010, Columbus signed a deal to help with the construction of the Yard, after some incentives were offered. A big chunk of land that was inside the city of Columbus on the north side of Third Ave. was added to the plans (this is where the Giant Eagle is supposed to be built), and Nationwide promised to move 1,400 jobs to Columbus from Dublin. After the TIF agreement was signed, it was supposed to be full speed ahead for the Yard.

Where are the buildings?

The build up of Grandview Yard has been much slower than we were lead to believe. The great recession had much to do with that, but now that corporate profits are back up, we were supposed to see the buildings in the Yard jump up with great speed. Phase 1 had a hotel, an office and a fitness center. Then things stalled. The HealthSouth facility will employ more than 120 people, but the thousands of jobs that were promised have not arrived.

Instead we have an odd situation like the Giant Eagle, announced with much fanfare, utilities and parking lots built, then … nothing. We read stories about construction to begin soon, but no firm commitment.

Columbus takes the lead

Instead, the action is at the outskirts of the Yard, in Columbus, outside the land owned by NRI. Two large apartment buildings were built, at Third Ave. by the tracks, and on the Goodale connector past SR315.

Two new restaurants are planned for that section of Olentangy by Third that had an old bank and the former Lyons video production building. Millers Ale House, a casual-dining, sports-theme restaurant (a Florida based company with 64 locations) was announced early in May, and now Sbarro has said they will build a fast-casual food operation called “Pizza Cucinova” next door.

The general area of Olentangy seems to be successful for many businesses, the Fish Market always has a full parking lot, Cap City has a long and successful run here. If anything is questionable about this location, over-saturation of restaurants is an issue. Yes, the Yard may in the future provide a new locus of customers, but will the area support this many restaurants until the Yard has been filled?

Will these outlying food operations suck the life out of the yard before it has even been fully born?

I think Mayor Coleman is a pretty smart guy. I noticed that in that TIF agreement, parts of Olentangy near third were included. Which probably explains why the bank on the corner is now torn down, and two new restaurants are on the way up.

Junctionview Studios closing

Published February 11, 2013 by justicewg

Junctionview_closedFrom the Junctionview website:

“Over the past several years, Junctionview Studios has been home to a multitude of creative individuals and host to dozens of great events. At the end of April 2013, Junctionview Studios will close its doors.

Since the purchase of the building by Nationwide Realty Investors in 2008, the tenants of the space have known that this site would eventually be redeveloped as part of the Grandview Yard Project. Nationwide has served as a very upfront, honest, and helpful landlord over the past several years. For the past years we have worked with them in a positive fashion and now it is time to move on.

While some may view this as a sad event, we would prefer to look at it as part of the road to progress. Tenants of the building will find new homes in other arts buildings and add to the momentum that is taking place in the greater Columbus arts scene.”

An article posted on Columbusunderground.com interviews some of the artists.

An article in the Dispatch mentions 400 West Rich, an artist space on the west side that seems to be the successor to Junctionview.