THE WEEKLY REVIEW | June 6, 2025
- Colliers | Columbus
- Jun 6
- 2 min read
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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“A new project is proposed for a Dublin site that for years has been targeted for development. Wood Companies submitted a concept plan for a commercial project described in city documents as the Monterey Drive Development. The nearly 7-acre property consists of 13 parcels located on both sides of Monterey Drive and south of West Bridge Street. It is within the Bridge Street District's Historic Transition Neighborhood.”
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“Hexion, a global leader in adhesives, manufacturing automation systems and AI technologies, announced its plans to establish a cutting-edge global research and development center in Dublin. This initiative will create 100 new jobs by the end of 2028 and marks a significant investment in innovation and sustainability-driven product development. With its corporate headquarters located in Columbus, this new facility expands the company’s Ohio footprint.”
3
“The state's Transformational Mixed-Use Development tax credit program would grow by 50% for two years but lower the cap for any single project under the Ohio Senate budget proposal released Tuesday. The Senate version also restores and creates several incentives to build housing and creates a $1.7 billion fund for stadium development including for the Cleveland Browns.”
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