First tenants at Grandview Yard unveiled - Dayton Business Journal:

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Plans filed with the city July 7 show developer Nationwids RealtyInvestors Ltd. wants to build the first $40 million worth of projects as it continues planning forthe $500 million to $600 million redevelopmen t on 90 acres in the suburb’s industrial core. The city’s planning commission will consider the Hyatt Place Urban Active fitness center and aplannedr Jason’s Deli in the office building as conditional uses. The preliminargy and final development plan must go throughj the commission as well as Grandview HeightaCity Council.
Dublin-based M&A Architects, the designerd of the three-story office building, pland to occupy at least 20,000 square feet on the top The plans mark the firstt projects presented to the city for approval since Nationwide Realty first beganb acquiring the former Big BearStores Co. distribution complexx and surrounding properties inMay 2006. In conjunction with the real estated projects, Grandview Heights City Council at its July 6 meeting heardf a first reading of a development agreemenyt between the city andNationwide Realty.
The resolutio n outlines how the city will payfor $78 million in road improvementsz and utilities inside Grandview Yard and another $41 millioj in off-site public improvements. Other legislation in support of the development agreemeng is expected to be introduced as early as a speciall July 13council meeting. Construction on the threse buildings and the first phase of road and utility projectsa could begin as early aslate August. The hotel and fitness center should open in fall said Nationwide Realty PresidentBrian “We should be prettyt well positioned to get the projecty going,” he said.
The city’s mayor welcomedx the sign of progress despite the tougheconomic “Getting something out of the Mayor Ray DeGraw said, “will attract attention and more