$80M in Housing, Retail & Office Development for Harrison West

A undisclosed deal to utilize 20 acres of underused land west of the Short North has been made with a potential price tag of $80 million. Battelle Memorial Institute has struck the deal with Wagerbrenner Development and Fortress Real Estate Cos. to create a plan that includes 500 apartments, homes, retails spaces, offices and a 120-room hotel.

Wagenbrenner Development

Construction is likely to begin next year. The area most notable for being on the bend of the Olentangy River, is surrounded by popular diners, eateries on West Fifth Avenue and West Third Avenue.

The project could bring new grocers to the area, including new restaurants as well as a community park to entice the establishment of “real neighborhood amenities.”

To read more on the deal, head over to Bizjournals.

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