M/I Homes plans to build 79 houses in Grandview Yard, the Columbus company's first urban-style development in central Ohio.

The homes will be built along Bobcat Avenue in the northwestern part of the 125-acre Grandview Yard development in Grandview Heights.

Homes will range from 2,000 to 2,750 square feet and be priced in the $500,000s, said David Balcerzak, vice president of sales and marketing at M/I.

"We think the audience will be diverse," Balcerzak said. "Grandview schools are highly acclaimed, so we think we'll get family buyers, but we also expect to get people downsizing from the suburbs and maybe some young professionals."

M/I will build its City Collection of homes on the site -- the same collection M/I has used in Chicago and Washington, D.C.

All homes will be two stories and include two, three or four bedrooms. Basements can be finished as an option. Two-car garages will be detached behind the homes and accessed from an alley.

Patrik Bowman, Grandview's director of administration/economic development, said from the city's standpoint, the new homes are a "great addition" to Grandview Yard.

"We've been looking for something that would serve as a transition from the business properties at the Yard to the residential area of the community," he said. "This will help provide that transition."

The city welcomes a project that brings additional homeowners into the community, Bowman said.

M/I plans to start construction in the fall and open the first homes in the spring.

The development is the first of two urban projects M/I is pursuing in central Ohio. The company also plans to build 40 City Collection homes in a development next to Battelle in Columbus' Harrison West neighborhood.

jweiker@dispatch.com

@JimWeiker