Sunday, September 12, 2010

Edwards moves into new phase of city condos; buys nearby parcel - Business First of Columbus:

moakhamet84.blogspot.com
Edwards Cos. expects to finish its first which were designedby , in January. The townhouse-style condos and flats will sellfor $179,900 to Edwards this month also is expectef to seek approval from the Downtown Commission for 14 townhouses, 11 flats and a so-calleed "bridge" unit in the Bishop'se Walk section planned along East Gay between Fift Street and Normandy Avenue. The developer has sold or put into contractg nine condos in the firstcompleted building. An additionalp 14 of 18 townhouses and flats now under construction also are in In arelated development, Edwards' has purchasedf the former wholesale distribution operation at 245 N. Granyt Ave.
The affiliate paid the Ind.-based company $850,000 for the distribution center, which was closed with the rest ofthe company's network last A spokeswoman said Edwards bought the building because of its proximity to the condo but the developer has no immediate plans for the has been recognized for environmentally friendly construction in the improvement of officer space at 4343 Easton Commones in Columbus. The Indianapolis-based developer received Leadershipo in Energy and EnvironmentalDesign (LEED) Commercial Interiorsa certification from the for the sustainable desighn and construction practices used in fashioning a call cente for Morgan Stanley & Co.
It gained the silver-level certificationj for a design that included installing a separatd ventilation unit to bring fres h air intothe operation; using low-volatility paints, adhesivea and sealants; using recycled and installing sensors that adjust electric lighting basex on the amount of natural light in the Duke also recycled construction waste from the projecy to reduce landfill debris. The head of Duke's Columbus office thinks the project marks thefirst non-LEED building in the regionn to have a portion built out unde the environmental design and construction standards. "Wre figured out a way to do it and it workedcout well," Senior Vice President Jim Clarkj said.
The rapid rise of energy costs, he is reducing the time needed to recoup the highef costs of followingLEED standards. "Movingh forward," Clark said, "we'll look at doinhg a LEED (certified) office shell." The relocatioj of 's headquarters in Dublin will allow anothe r business to expand back into the buildinb at 5200Rings Road. Affinion a marketing services operationfor , has renewed a five-year lease of the 49,300-square-foot buildint after subletting more than half the building to BoundTree in 2004.
Affinion Vice Presiden t Brian Lessard said the company will returj workers it moved to the nearby Cramef Creek Corporate Center into the Ringa Road building when BoundTree leaves for 5000 TuttleCrossing Blvd. this Affinion employs 185 workers in its Dublinj softwaredevelopment operations. Agentt Tom Sugar of representedlandlord , which built the Ringws Road building in 1998 for That company laterf sold the Affinion unit to has awarded the landscape architecture design and construction documentation contract for two sportsx facilities to OSU Heisman Trophy winner Eddie George's company'sw contract covers planning for field hockeh and lacrosse fields and 12 tennis courts as well as a parkint lot and a concession stand.
OSU has set a $5 million construction budget for the facilitiezs alongAckerman Road. has expanded its commercial real estatr sales and leasing team to 14 with the additio n oftwo agents. Cindy Jean, most recentlty with in Clearwater Beach, Fla., will focus on land hotel andmotel sales, and commerciapl sales and leasing in the Shortg North and downtown Columbus at Her hiring follows the addition of Todd S. who joined Garek in April after a stint within Columbus. He will focua on multifamily, retail, land developmeng and site selection deals.
Prime has move from 9,500 square feet of office spacwe at 470 Olde Worthington Road in Westervilleto 13,0000 square feet at 3000 Corporate Exchange Drive in northeast Columbus in a seven-year Agent John Hall of the represented the Prim Engineering; Kirk Smith, also of CB, representerd the landlord.

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