Pizzuti Acquires 6.8-Acre Site in Franklinton
The transformation of Franklinton continues, as local development firm The Pizzuti Companies has officially acquired the vacant auto dealership lot located at 707 West Broad Street, next to Mount Carmel hospital. The company announced the purchase yesterday, but has not unveiled development plans for what the 6.8 acre site may hold in the future.
“In support of the continued growth of our city, we closed on the property at 707 West Broad Street,” said Joel Pizzuti, President and Chief Operating Officer of The Pizzuti Companies. “This is an important acquisition for our firm and we look forward to being a part of Franklinton for years to come.”
In 2014, the City of Columbus adopted the “West Franklinton Plan“, which calls for the development of residences, retail, office space and park amenities throughout the historic neighborhood. The plan specifically calls out the Pizzuti-owned site as a prime location for new mixed-use development to serve as a “Gateway” at the intersection with State Route 315.
Next door, the Mount Carmel medical campus is relocating much of its operations to grove city, and has outlined further plans to redevelop underutilized land that will better serve the community.
For more information, visit www.pizzuti.com.