Urban will meet suburban at a project planned at a key intersection straddling Columbus and Grandview Heights.
The master plan for Wagenbrenner Development's Grandview Crossing, a project that has been years in the making, has grown to 52 acres.
The development will sit at the corner of Dublin Road and Grandview Avenue, close to the entrance to Interstate 670.
Included in the project plan, which would be built in phases over several years, are more than 1,000 rental units, including "active senior" apartments, at least 200,000 square feet of office space and 29,000 square feet of space for retail and restaurant uses.
Plans also call for a "limited-service" hotel -- the term for a moderately priced hotel without a three-meals-a-day restaurant.
The developer hopes to begin work late this year or early next year.
Wagenbrenner principal Eric Wagenbrenner said last week his company hoped to receive a thumbs-up from Grandview's planning commission at its March 21 meeting. Detailed plans of individual buildings still would need approval from City Council.
Wagenbrenner already has struck an agreement and received incentives from the city of Columbus, where about 65 percent of the site is located.
Incentives include tax abatements on the residential and office portions of the project. Under the agreement, Wagenbrenner will set aside 20 percent of the apartments as lower-priced "affordable housing" as defined by the city, for renters making up to 100 percent of median income for central Ohio.
Renderings show contemporary-style architecture and buildings of between one and four stories in height. Wagenbrenner said he ideally would have liked even greater density to the project, but most of the site is on a former landfill, which won't support the heaviest, most-dense types of structures such as multilevel parking garages and high-rise apartments.
Still, he said the project captures the best of both worlds for those looking for an urban-style, walkable project with the greater suburban-style convenience of being able to navigate easily through the development by car and park next to one's destination.
"We're really bullish on the site," Wagenbrenner said, adding his company is getting a lot of interest from prospective tenants. "I call it an urban-suburban project ... It hits that sweet spot."
When Wagenbrenner acquired the first parcel about seven years ago, Grandview Yard originally was envisioned as an all-commercial project with no housing. A plan to put several "big-box"-type retailers on the site drew opposition from neighbors and became less attractive with the major changes happening in retailing.
Wagenbrenner's partners on the project include Columbus-based Gallas Zadeh Development, Carter Bean Architects, Columbus Architecture Group, E.P. Ferris & Associates, New Avenue Architecture + Engineering, POD Design and Corna Kokosing.