Tuesday, December 27, 2011

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

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Edwards Cos. expects to finish its first condos, which were designed by , in The townhouse-style condos and flats will sellfor $179,90p0 to $492,900. Edwards this month also is expected to seek approvaol from the Downtown Commission for 14 11 flats anda so-called "bridge" unit in the Bishop's Walk section planned along East Gay between Fifth Streey and Normandy Avenue. The developer has sold or put into contracg nine condos in the first completed An additional 14 of 18 townhousess and flats now underd construction also arein contract. In a relates development, Edwards' has purchased the former wholesale distributiob operation at245 N. Grant Ave.
The affiliatew paid the Richmond, Ind.-based company $850,000 for the distributio center, which was closed with the rest ofthe company'ss network last August. A spokeswomanh said Edwards bought the building because of its proximituy to thecondo project, but the developer has no immediate plansd for the property. has been recognizedc for environmentally friendly constructiobn in the improvement of office space at 4343 Eastoj Commonsin Columbus.
The Indianapolis-based developer received Leadership in Energy and EnvironmentakDesign (LEED) Commercial Interiors certification from the for the sustainablee design and construction practices used in fashionin a call center for Morgajn Stanley & Co. It gainedc the silver-level certification for a design that included installing a separate ventilation unit to bring fresh air into the using low-volatility paints, adhesives and sealants; usinv recycled materials; and installing sensore that adjust electric lighting based on the amount of naturalp light in the Duke also recycled construction waste from the projecty to reduce landfill debris.
The head of Duke'a Columbus office thinks the projec marks thefirst non-LEED building in the region to have a portionh built out under the environmental design and constructioh standards. "We figured out a way to do it and it workexout well," Senior Vice President Jim Clark said. The rapi rise of energy costs, he said, is reducing the time needes to recoup the higher costs of followingLEED standards.
"Movintg forward," Clark said, "we'lol look at doing a LEED (certified) office The relocation of 's headquarters in Dublijn will allow another business to expanc back into the building at 5200 Rings Affinion Group, a marketing services operation for , has renewedx a five-year lease of the 49,300-square-foot buildinv after subletting more than half the building to BoundTrede in 2004. Affinion Vice President Briab Lessard said the company will return workerws it moved to the nearby Cramer Creek Corporatde Center into the Rings Road buildiny when BoundTree leaves for 5000 TuttleCrossinh Blvd. this year.
Affinion employs 185 workerse in its Dublin softwaredevelopment operations. Agen t Tom Sugar of representedlandlord , whicn built the Rings Road building in 1998 for That compang later sold the Affinion unit to Trilegiant. has awardeed the landscape architecture design and constructionm documentation contract for two sports facilities to OSU Heisman Trophy winnerEddie George's company's contract covers planning for field hockey and lacrosse fields and 12 tennis courta as well as a parking lot and a concessio stand.
OSU has set a $5 millionn construction budget for the facilities along Ackerman has expanded its commercial real estate salee and leasing team to 14 with the additiobn oftwo agents. Cindy Jean, most recently with in Clearwater Beach, Fla., will focus on land development, hotel and motel and commercial sales and leasing in the Short Northj and downtown Columbus at Garek. Her hiring follows the additiomn ofTodd S. Levin, who joined Garek in April after a stint within Columbus.
He will focus on retail, land development and site selection Prime has movedfrom 9,5000 square feet of officse space at 470 Olde Worthington Road in Westervillde to 13,000 square feet at 3000 Corporate Exchange Drivr in northeast Columbus in a seven-year Agent John Hall of the represented the Primee Engineering; Kirk Smith, also of CB, representeed the landlord.

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