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Urban renewal became popular, and residents believed that old-looking buildings were causing a loss of business downtown, and so many buildings were demolished and replaced with parking lots. Beginning around 1999, demolitions began to be more discouraged, and city planners began to accept new urbanism and residential development in Downtown ...
Defunct department stores based in Columbus, Ohio (2 P) Pages in category "Defunct companies based in Columbus, Ohio" The following 11 pages are in this category, out of 11 total.
Westland Mall is a demolished 860,000-square-foot (80,000 m 2) shopping center located at the intersection of U.S. Route 40 and Interstate 270 on the west side of Columbus, Ohio. In November 2012, the majority of the mall closed, and the last anchor closed in 2017. A mixed use development is planned, and demolition began around August 2023.
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
Cardinal Industries, Inc. was a corporation headquartered in Columbus, Ohio, United States. Established in 1954, it produced manufactured housing, including thousands of apartments in the United States. These one-story apartments were assembled on-site from 12 by 24 foot (3.7 by 7.3 m) modules.
In 2010, the company closed a $320 million joint venture with The Blackstone Group, which included the sale of a 60% interest in 2 malls. [ 8 ] In 2011, the company completed an asset swap with DDR Corp. in which the company sold Polaris Towne Center and purchased Town Center Plaza for $139 million.
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