Creekside Gahanna Explained

Creekside Gahanna, more formally called Gahanna-Creekside, is a mixed-use development located in downtown Gahanna, Ohio (also known as Olde Gahanna).

About

Creekside Gahanna encompasses 240000square feet of property along Gahanna's Big Walnut Creek. The development features 71 luxury condominiums, 100000square feet of commercial space in three separate buildings, and amenities designed to incorporate the area's natural landscape. Current retail businesses include Nostalgia Brewing Company, Cold Stone Creamery, and Local Cantina, Barrel and Boar, Creekside Conference and Event Center, Golden Nail and Salon, and others. Other significant business tenants include, Bird-Houk Collaborative, C-Suites Executive Offices, Fourth Floor Interactive, Gahanna Area Chamber of Commerce, and the Metropolitan Emergency Communications Center, a 911 dispatch center which handles fire and EMS requests for Gahanna and other portions of eastern Franklin County as well as part of Fairfield County.[1]

History

In 2003, the city of Gahanna issued a request for proposals (RFP) for the redevelopment of a large tract of city-owned land in the center of Mill Street's north-south span. The RFP required the developer was to accommodate vehicles with ample parking without detracting from the evolving urban and pedestrian atmosphere in the area. The city’s request also emphasized its desire for a true mixed-use development, with all uses taking advantage of views of the adjacent Big Walnut Creek.

The Stonehenge Company, then of New Albany, Ohio and later of Gahanna, partnered with the professional architecture and planning firm Bird-Houk Collaborative to propose a multi-story development with first-floor retail facing Mill Street and what would become Creekside Park. Upper levels would contain office space and residential condominium units. Public parking would be hidden in an underground garage with parking for the condominium residents provided inside the “wraparound” residential building. Approximately 389 new public parking spaces would be created.

The city expressed its initial commitment to the broad concept, selected Stonehenge as the developer, and then entered more than 18 months of discussions with Stonehenge and the Community Improvement Corporation. The process involved the public in a series of public forums for the project and passed through several city boards and commissions.[2]

Groundbreaking occurred began in May 2005 and the development celebrated its official grand opening on May 1, 2008.

The Creekside development project was forced into foreclosure in early 2011 when Huntington Bank filed a suit against Stonehenge and its project owner affiliate, claiming that they defaulted on over $30 million in loans.[3] Approximately one year later, the Creekside development was purchased by Michigan-based Strathmore Development Company for $10.5 million.[4]

Construction timeline

Spring 2005
Summer 2005
Fall 2005
Winter 2005
Spring 2006
Winter 2006
Winter 2007
Spring 2008
Spring 2011
Summer 2012

Creekside facts

See also

External links

40.0205°N -82.8801°W

Notes and References

  1. http://www.dispatch.com/live/content/business/stories/2008/05/03/Creekside.ART_ART_05-03-08_C8_BTA3K6K.html Downtown Gahanna reborn at Creekside
  2. http://www.gahanna.gov/departments/development/creekside_bg.asp The Creekside Story: The New Creekside Project
  3. http://www.dispatch.com/content/stories/business/2011/02/26/gahannas-creekside-development-faces-foreclosure.html Gahanna's Creekside development faces foreclosure
  4. http://www.dispatch.com/content/stories/business/2012/02/17/gahannas-creekside-development-is-sold.html Buyer found for Gahanna's Creekside development
  5. http://www.thisweeknews.com/live/content/gahanna/stories/2008/05/08/0508creeksidegrandopening.html Residents, community leaders turn out for development's grand opening
  6. http://columbus.bizjournals.com/columbus/stories/2007/11/05/focus5.html?jst=cn_cn_lk Gahanna TIFs rank tops among community financing tools in U.S.