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CASTO Bringing Retail to View on Fifth Development

Walker Evans Walker Evans CASTO Bringing Retail to View on Fifth DevelopmentRendering via theviewonfifth.com.
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CASTO announced today that State Street Capital Realty (one of their independent brokerages) is taking on the position of leasing agent for the new retail space currently under construction at The View on Fifth development in the Fifth by Northwest neighborhood.

The six-story 285-unit mixed-use development will sit at 1005 West Fifth Avenue once completed, and will contain 25,000 square feet of ground floor retail space.

“State Street Capital Realty (CASTO) was easily our preferred 3rd party brokerage to lease the retail portion of The View on Fifth, because of their strong retail relationships, and their depth of expertise in the Columbus market area as well as with national and regional retailers and restaurants,” said Jerry Solove, principle of JSDI Celmark, developer of the project.

Retailers will have access to structured parking located with a freestanding six-story garage in an area known for already being a very walkable community with a high sales per square foot ratio in the dining and personal services retail sectors.

“Our brokerage had always been very selective regarding our listing arrangements. We feel strongly that that the combination of the developer and the location will make this a great development for the Grandview market,” commented Chad Hamrick, listing agent for the project.

No specific retailers have been announced at this point, but retailers are expected to cater to the mix of Millennial and Empty Nester tenants that the residential side of the project is targeting.

“I do know that there is a great opportunity for a restaurant user at an end cap which includes options for al fresco dining,”  said Sarah Benson Hatcher, Director of Marketing & Public Relations at CASTO. “I think CASTO will be selective with who the final users are because this is a special project and there is a great cool factor to it. We want to make the right fit.”

Retail spaces at The View on Fifth are expected to be available for occupancy in time for the grand opening planned in July 2015.

For ongoing discussion on The View on Fifth, CLICK HERE to visit our Messageboard.

For more information, visit www.theviewonfifth.com.

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  • readysetdisco

    Can we get the Grandview Chipotle moved? A parking garage sounds way better than their current setup.

    • http://www.columbusunderground.com Walker Evans

      Heh. Agreed. We stopped going to that one because it’s always so slammed. Easier to get in and out of Bibibop instead. ;)

    • Geno99

      Actually, it seems to me that there’s plenty of business for a second Chipotle, in the area. No need to close the old one. Just add another.

  • http://www.rdmeeker.com rdmeeker

    Facebook comments on this one are gold.

    I second the Chipotle move!

    As long as we don’t see a check cashing place, a cell phone store or a smoke shop I think things will turn out just fine.

    • http://www.columbusunderground.com Walker Evans

      Heh. Yeah, the Facebook, Twitter and Instagram comments on CU stories always seem to be a little more of the “general public” angst that what we see here on CU. Which is all fine and dandy I guess, as long as the commentary isn’t based on misinformation.

    • Geno99

      I’d say Chipotle should stay right where it is, and they should just build a another. The population is increasing in the area enough to support two.

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