NRI BEGINS PHASE II OF GRANDVIEW YARD APARTMENTS IN COLUMBUS

COLUMBUS, OHIO —Nationwide Realty Investors (NRI) has begun construction on Phase II of its Grandview Yard Apartments development in Columbus. The phase will add 120 upscale units in three-interconnected, four-story buildings, bringing the project’s residential to a combined 274 units. The new one- and two-bedroom apartments will range from 700 square feet to more than 1,000 square feet. Located on Yard Street just north of the existing Grandview Yard apartments, Phase II will also feature 28,000 square feet of Class A, ground-floor office space. The project is slated for completion by summer 2014. The new apartments are part of Grandview Yard, a 1.5 million-square-foot mixed-use development located on the former Big Bear warehouse site. The Grandview Yard project includes retail, restaurant and office space and more than 600 condo and apartment units.