Although developers with Crawford Hoying expected leasing of office space to possibly lag as Bridge Park came to fruition, the growth is coming along at a quicker rate than they had expected, said Nelson Yoder, a principal with the firm.
The increased demand also can have a positive effect on the area's restaurants and residential areas as more people arrive to work in Bridge Park, Yoder said.
"It can have a nice halo effect," he said.
The development is about 25 percent complete, Yoder said, and signed leases for commercial office space totals nearly 150,000 square feet.
That includes locations such as Brickhouse Blue, a 9,000-square-foot coworking and creative meeting space at 6605 Longshore Street, and healthcare technology company Updox, which has 28,100 square feet of space under construction. Updox, which has 100 employees, has been in Dublin almost from its inception as a start-up, said Aisling Babbitt, the company's director of communications.
Updox had been located at 94 N. High St. in Dublin's historic district, but moved to 5500 Frantz Road about three years ago after the North High facility was torn down to make way for apartments, Babbitt said.
The company is scheduled to move to 6555 Longshore Street in Bridge Park this spring.
Employees loved the walkability in downtown Dublin, and Bridge Park's vibrant community matches the company's internal branding, Babbitt said.
Many staff members are young software developers, and amenities the area offers such as retail outlets and eateries are great for them, she said.
The urban feel of Bridge Park also attracted mortgage lender MSF Real Estate Capital to move in, said Chad Kiner, MSF senior vice president. The company knew it wanted to remain in the north side of Columbus, and liked walkable amenities and an open-space concept, he said.
Bridge Park's increased demand for office space has been driven by the retailers that are already open in the area, Yoder said. The increased demand has caused the developer to make adjustments.
For example, Crawford Hoying decided to decrease the residential space in the Block D development area on Longshore Street, adding 112,500 square feet of office space to the block -- a decision staff did not foresee, he said.