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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“Ohio transportation advocates are celebrating as the federal government has identified four Ohio routes as "priorities for Amtrak expansion," according to a release from U.S. Sen. Sherrod Brown.”
“The U.S. Department of Transportation’s Federal Railroad Administration will provide $500,000 each to the four corridors, Brown announced Tuesday. Those funds come from the Bipartisan Infrastructure Law; the corridors are also slated to "receive priority in future funding competitions," according to Brown.”
“The four routes include two that pass through Central Ohio: the Cleveland-Columbus-Cincinnati-Dayton Corridor (3C+D) and the Midwest Connect (Chicago-Fort Wayne-Columbus-Pittsburgh), according to the Mid-Ohio Regional Planning Commission.”
“A popular fast-casual eatery is finally coming to Columbus.”
“Los Angeles-based Sweetgreen Inc. will open in a 3,700-square-foot Short North space at 700 N. High St. next year.”
“The company emphasizes quality and freshness. It has some national suppliers but also taps into local and regional purveyors. With locations in Chicago, Indianapolis and Detroit, it now was able to extend those supply lines into Ohio and from there, markets like Cincinnati, Cleveland, Pittsburgh and Louisville, Kentucky can open up.”
“The state is positioning itself to take full advantage of the billions in federal funding available under the CHIPS Act to rebuild the nation's semiconductor industry while capitalizing on Intel's $20 billion investment in Licking County.”
“Ohio political leaders have announced the creation of the Silicon Heartland Supplier Consortium in partnership with Intel, JobsOhio and the Ohio Grants Alliance, a group of business organizations that work to identify grant opportunities for Ohio organizations.”
“Intel has indicated it has applied for aid under the act for its project in New Albany and its three other big campuses in the U.S.”