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.
Certain news links may require site registration or subscription to access the complete article.
“Ohio's drivers are receiving an early holiday present with the lowest price for gasoline this year heading into the holidays.”
“The cost of a gallon of gasoline averaged $2.78 in Ohio on Wednesday, among the cheapest prices in the country, according to AAA. That's down 2 cents from Tuesday, 44 cents from a month ago and 33 cents from a year ago.”
“Prices at some stations in central Ohio have dropped well below that. For example, a Marathon station in Marysville was selling gasoline at $2.55 per gallon on Wednesday, and a Murphy USA station in Newark was at $2.56 per gallon, according to Gas Buddy.”
‘“Wario’s Beef and Pork, the Arena District sandwich stand that keeps East Coast sandwiches true to their roots while elevating them at the same time, will open a second location soon in Clintonville.”
“New year. New shop,” Wario’s announced late yesterday on Instagram. Founder Stephan Madias told The Dispatch Thursday morning that he hopes to open in mid-January at 4219 N. High St. The address is part of a development that also houses Kirin Noodle Bar, Gallo’s on High and a Hot Chicken Takeover.”
“The state of Ohio has released the guidelines for a new program that aims to improve affordable housing access.”
“The Welcome Home Ohio program will provide $100 million in grants over the course of two years for land banks to purchase, rehabilitate or build qualifying residential properties for income-eligible Ohioans. Additionally, $50 million in nonrefundable tax credits will be made available to land banks and eligible developers over the biennium for qualifying rehabs and new construction once a property is sold.”
““Housing needs are present all across Ohio,” Gov. Mike DeWine said in a press release. “Through this program, we have the opportunity to support new investments in housing construction that will help cultivate vibrant neighborhoods and stimulate economic vitality.””