Crawford Hoying's plan for 2.5 million square feet of mixed-use development off Riverside Drive in Dublin could begin construction as soon as November.
The Dublin-based company this week gave City Council members an update about plans for Bridge Park East and West, the first large-scale project planned for the Bridge Street District.
The 24-acre site Crawford Hoying plans to develop sits on the northeast corner of Riverside Drive and state Route 161.
The company has already purchased Bridge Point Center and the driving range for Bridge Park East and property at 94 and 100 N. High Street in Historic Dublin for Bridge Park West.
The first phase of the development will mean a $300- million public-private investment, said Nelson Yoder, a development principal with Crawford Hoying.
"There really needs to be a critical mass developed" for the plan to work, he told council members.
The development planned for Bridge Park East includes 200,000 square feet of office space, a 21,000-square-foot convention center, a 150-room hotel, 22,000 square feet of retail, a 13,000-square-foot neighborhood grocery store, 25,000 square feet of fitness, 650 apartments and 108 for-sale condominiums.
With office space, personal service offerings and apartments, Yoder said this will be a home that offers everything within walking distance.
"That will really make this a walkable place to live, work and play," Yoder said.
The development will also include 8 to 10 restaurants in 49,000 square feet of space. Cameron Mitchell has already committed to opening a restaurant there and providing catering services for the convention center, Yoder said.
"Our goal is to create a dining destination," he said.
On the other side of the Scioto River in Historic Dublin, Bridge Park West will offer 20,000 square feet of office, 15,000 square feet of retail space and 42 condos.
The proposed development on both sides of the river is multi-level with parking under the buildings, retail and restaurants on the first floor and offices or residential spaces above.
"This is mixed-use, so there's activity 24/7, 365-days a year," Yoder said.
With structured parking combined into buildings, Yoder said it eliminates about 24 acres of surface parking that would otherwise be needed for the development. Some on-street parking is also planned.
Structured parking will be expensive to build, so an economic development agreement will likely come before council soon to aid with the cost, said Terry Foegler, Dublin's director of strategic initiatives and special projects.
"Without an economic opportunity this isn't going to work," Councilman Richard Gerber said.
Council members were largely supportive of the proposed project.
"I think it's going to be a heck of a project for central Ohio," John Reiner said.
Crawford Hoying hopes to move forward in the development process quickly, applying for permits from the city in October and starting construction in November.
"We will be ready to go in spring 2016," Yoder said.