The Dispatch wrote Developer partnering with local governments
Monday, August 18, 2008
BY JIM WOODS AND MARK FERENCHIK
Behind closed doors, Gahanna school-board members discussed a $5.6 million deal to buy an old Kroger site for high-school classrooms, stores and offices. Outside the room was the developer who drove the deal: Mo Dioun, whose Stonehenge Land Co. is working on public-private projects with Gahanna, Columbus, Dublin and Grove City.
When the board members emerged last week, they announced their deal with Dioun. The district will pay Stonehenge $5.6 million and build high-school classrooms; Stonehenge will lease land and build up to 100,000 square feet of retail and office space at Hamilton Road and Granville Street.
Dioun is best known for the $40 million Creekside project in Downtown Gahanna, a partnership with the city that features a park, offices, restaurants, stores and condominiums. But he’s also planning centerpiece developments in the downtowns of Dublin and Grove City — again with money and help from the cities. And he’s working with Columbus to develop a Menards home-improvement store on the former site of Northland Mall on Morse Road.