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Schottenstein Real Estate Group Sells $177 Million in Developments and Announces 1200 New Units in Construction


Schottenstein Real Estate Group Sells $177 Million in Developments and Announces 1200 New Units in Construction
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COLUMBUS, Ohio, Feb. 2, 2021 /PRNewswire/  Schottenstein Real Estate Group, one of the largest real estate development companies in the Midwest, announces the sale of three of their developments totaling $177 million.  The Delaware County developments included are Powell Grand Communities, located on Sawmill Parkway and Seldom Seen Roads, and Northlake Summit located at Route 36/37 and I-71, which were sold to Cortland.  Additionally, Central Gardens Grand located in Palm Beach Gardens, FL was sold to L&L Investors.  Managing Partner for Schottenstein Real Estate Group, Corey Schottenstein stated, Our developments were located in perfect locations for these times in high end suburban areas, and the type of product we develop is probably one of the best real estate investments in the current econ ....

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Apartments, homes planned for big Delaware County development


Apartments, homes planned for big Delaware County development
Mark Williams, The Columbus Dispatch
© Schottenstein Real Estate Group
Schottenstein Real Estate Group
A mix of townhomes, garden apartments and single-family homes is now under construction near Olentangy Liberty High School.
Schottenstein Real Estate Group is the developer on the project, called Liberty Grand Communities, that sits on 300 acres northwest of Olentangy Liberty High School near Sawmill Parkway and Home roads in Delaware County.
The development comes with one- and two-car garages and multiple plans that feature first-floor master bedrooms.
It is just going to be a really large, nice development, company president Brian Schottenstein said. ....

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