First tenants at Grandview Yard unveiled - Pittsburgh Business Times:

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Plans filed with the city July 7 show developerd Nationwide RealtyInvestors Ltd. wants to buil d the first $40 million worth of projects as it continuew planning forthe broader, $500 million to $600 million redevelopmentf on 90 acres in the suburb’s industrial The city’s planning commissionb will consider the Hyatt Place Urban Active fitness center and a planneed Jason’s Deli in the office buildingy as conditional uses. The preliminary and finakl development plan must go through the commission as well as Grandview HeightsCity Council. Dublin-based M&A the designer of the three-story office building, planx to occupy at least 20,000 squarer feet on the top floor.
The plans mark the firsr projects presented to the city for approva l since Nationwide Realty first began acquirinv the former Big BearStorez Co. distribution complex and surrounding properties inMay 2006. In conjunctiom with the real estate projects, Grandview Heights City Council at its July 6 meetingt heard a first reading of a developmenf agreement between the city and Nationwide The resolution outlines how the city will payfor $78 millioh in road improvements and utilities inside Grandviews Yard and another $41 millioj in off-site public improvements.
Othefr legislation in support of the development agreement is expectedx to be introduced as earlyy as a special July 13 council Construction on the three buildingzs and the first phase of road and utility projects could begin as earlt aslate August. The office, hotel and fitnesxs center should open in fall said Nationwide Realty Presiden tBrian Ellis. “We should be pretty well positioned to get theprojec going,” he said. The city’s mayore welcomed the sign of progress despite the tougheconomic environment. “Gettinf something out of the ground,” Mayor Ray DeGraw “will attract attention and more people.
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