THE WEEKLY REVIEW | August 22, 2025

Keeping up with CRE trends is as easy as 1-2-3 with our weekly piece! The Weekly Review is a new blog series that will be released every Friday. The market is constantly growing and adapting to new ventures and ideas, and our goal is to provide up-to-date information into what is happening in both the Columbus and U.S. markets, as well as the commercial real estate industry as a whole. As stories evolve, the Weekly Review will continue to follow along and update our clients and community.

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1

Development - New Building Proposed in $600-Million Development to Cover 10 Downtown Blocks

“A Columbus developer is moving forward with the next phase of a $600-million multi-block Downtown development. The Edwards Companies has submitted plans for a 12-story apartment building on 4th Street just south of East Broad Street Downtown. The building would rise on a parking lot between Preston Centre and the YWCA and form a link between the developer's Preston Centre project and the rest of the proposed 10-acre development, called Capitol Square Renaissance.”

2

Data Centers - A $20M Pipeline Project is Underway to Power Another Central Ohio Data Center

“A natural gas pipeline will be built to help power a data center in Central Ohio. Morgantown, West Virginia-based Hope Utilities announced the project, which will supply a fuel cell project being developed by American Electric Power. The pipeline and associated natural gas facilities will be built, operated and maintained by Northeast Ohio Natural Gas Corp., a subsidiary of Hope Utilities.”

3

Housing - Wilcox Communities Starts Building Apartment Project at Sunbury Gateway

“A former part of Nationwide's downtown headquarters complex could convert to housing, according to an application filed with the city of Columbus. Nationwide Realty Investors, the commercial real estate development affiliate of the insurance and financial services giant, has filed a preliminary site plan for 280 N. High St., the 18-story office formerly known as Two Nationwide Plaza.”