NRI Announces Next Phase of Grandview Yard Apartments
Nationwide Realty Investors (NRI), the developers of Grandview Yard, went to the Grandview Heights Planning Commission tonight to discuss plans for their next phase of apartment buildings. The new addition includes three interconnected four-story buildings lining Yard Street, just north of the existing apartments that were completed last year.
“We had great momentum in the first phase of the Grandview Yard Apartments and demand continues to be strong,” said Tina Guegold, Vice President of marketing for NRI. “This second phase of apartments will allow us to continue to build on that momentum.”
The new phase would bring an additional 120 apartment units to Grandview Yard, complimenting the 154 units in that are that are currently fully leased. Apartments would include a mix of one and two bedroom units ranging from 7oo to 1,000 square feet. The new buildings would also contain 28,000 square feet of ground floor commercial space that will accommodate either office or retail uses.
No pricing information on units is being made available at this time, though they are expected to be comparable to existing Grandview Yard Apartments, which range from $1,040 to $1,895.
Construction is scheduled to begin in August with completion planned for Summer 2014.
More information can be found online at www.grandviewyard.com.
Renderings by Acock Associates Architects.