Casto Welcomes Retailer at Columbus Community
- Nov 06, 2019
Six months after completing River & Rich, a mixed-use property in the Franklinton neighborhood of Columbus, Ohio, Casto has signed a lease with Yellow Brick Pizza. The retailer, which will be using the space to launch its third restaurant in the metro, will occupy 2,900 square feet on the corner of Rich Street and Lucas Street starting spring 2020. The other two Yellow Brick Pizza locations are in Olde Town East and Victorian Village.
River & Rich is located at 230 W. Rich St. in an Opportunity Zone and was completed around the same time Casto purchased Knights Inn Hotel in Heath, Ohio. In addition to its 230 units, the community provides 24,000 square feet of retail space and a 300-space public parking garage. Roy G. Biv, a non-profit art gallery, was the first tenant to occupy part of the retail space at River & Rich upon its opening.
According to Yardi Matrix data, the property provides one- and two-bedroom apartments with asking rents ranging from $1,301 to $2,353 per month. The property was 75.2 percent occupied as of September.