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Nationwide Realty Investors to develop multifamily building in Ohio’s Grandview Yards

July 23, 2024
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Photo courtesy of Nationwide Realty Investors.

Nationwide Realty Investors unveiled its plans for Parkline, the newest multi-family building in the Grandview Yards mixed-use development in Grandview Heights, Ohio.

The project represents another significant investment by Nationwide Realty Investors to meet the growing demand for residential in the dynamic mixed-use neighborhood. Brian J. Ellis, President of Nationwide Realty Investors, made the announcement.

Located along the north side of Ray DeGraw Park, the six-story Parkline building will house 385 residences designed in a distinctive “S-shaped” configuration to maximize views of the park and courtyards. The development will feature first-floor amenities and commercial spaces along Yard Street, further enhancing the vibrant streetscape that has made Grandview Yard one of the region’s most sought-after neighborhoods.

The project will also include an adjacent parking structure, contributing to Grandview Yard’s robust infrastructure and bringing the neighborhood total to nearly 6,000 parking spaces upon completion to accommodate the growing population of businesses, residents, and visitors.

Since the first phase opened in 2010, Grandview Yard has transformed what was once a blighted industrial district into a powerhouse mixed-use development. The area is widely regarded as one of the region’s strongest business districts and residential neighborhoods. The addition of Parkline marks a significant milestone in NRI’s ongoing investment in the area, with total investment in Grandview Yard surpassing $1 billion.

Adjacent to the 2.5-acre park at the intersection of First Avenue and Yard Street, Parkline joins NRI’s newly completed Devon apartment building and the forthcoming 220 Vine apartment project in the Arena District. Together, these developments will deliver a total of 640 new residences to downtown Columbus and nearby historic Grandview Heights.

Parkline construction is anticipated to begin in late 2024 and completion is expected in 2026.

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Grandview HeightsmultifamilyNationwide Realty Investors
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