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  • Halle Smith

THE WEEKLY REVIEW | SEPTEMBER 29, 2023


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.


1

“Gravity is getting a restaurant and bar from the group that owns Local Cantina.”


“Prim Mason is a new concept that its creator Jordan Helman described as a “beverage-forward, fresh-focused café." Its menu will feature bowls, sandwiches, salads and a drink program with an emphasis on fresh-squeezed juices for its drinks and cocktails.”



2

“Intel has collected $600 million from Ohio in return for its $20 billion plan to build two factories in Licking County.”


“The state on Monday announced it awarded the money to the semiconductor company as part of the more than $2 billion in state and local incentives that Intel was promised for picking Ohio for the project.”


“In return, Intel committed to creating 3,000 jobs with an annual payroll of $405 million as part of its investment, the state’s largest economic development project, by Dec. 31, 2028.”



3

“Amazon has launched a new solar farm on a 2,000-acre site spanning multiple counties south of Columbus.”


“Amazon says its commitment to buy electricity produced by utility-scale renewable energy projects in Ohio generated an estimated $1.6 billion of investment and contributed $854 million to the state’s gross domestic product from 2014 through 2022. It also supported an estimated 3,560 full-time equivalent jobs in Ohio last year alone, according to the company.”





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