Is the office doomed?

That’s the question at the heart of our annual Commercial Developers Resource issue, a takeover edition tied to our Power Breakfast event. Interest rates, construction costs and a tough lending environment combine to make it a difficult time to get new office space built. It’s in part a lingering impact of the Covid-19 pandemic, which some say has permanently altered the way we work —?and the demand for office space.

You’ll want to get your hands on a copy of our full weekly edition for a deeper dive, but I’ll link three of the stories right here to get you started:

• Why office projects are struggling to get off the ground in Columbus
• How the office development crunch is impacting Central Ohio suburbs
• Why you aren't likely to see suburban office buildings turned into apartments

???

Sign up for Columbus Business First emails to get the latest business news for Central Ohio in your inbox twice a day. Already signed up and loving the work we do? Consider subscribing for all the exclusive business intelligence you need to know.

???

Real estate news of the week

? Columbus suburb developing new vision for historic downtown district: The city of Powell is cultivating a new vision for its historic downtown, and has recruited a well-known local name to help develop it. We’ve got the scoop on what’s in the works, and how COhatch Matthew Davis is involved.

? Central Park project to establish a 'true downtown' for the city of Heath: A long-held vision to develop a downtown area in the city of Heath is close to becoming reality. Central Park, a $218 million project led by Ciminello Land Co. and Wallick is slated to begin construction now that the developer and city leaders established a public-private partnership and secured enough financing to advance the effort.

? Weinland Park home sells for nearly $1 million: A renovated home in a rapidly transforming Columbus neighborhood has changed hands for a record price. Check out our story for more details and a look inside.

See more of Columbus Business First’s comprehensive real estate coverage here.

???

Polaris-area restaurant closes

Dublin’s CLB Restaurants is down to one Central Ohio location for Matt the Miller’s, an upscale tavern chain. The brand shuttered its Gemini Parkway restaurant this week.

Matt the Miller's still has a trio of locations: one at 6725 Avery-Muirfield Dr. in Dublin, plus restaurants in West Chester and in Carmel, Indiana.

The Dublin location, the brand's first, opened in 2008.

???

Send us your office photos!

Columbus Inno, our innovation-focused vertical, is once again on a quest: We want to find the coolest office in Central Ohio.?

Want to participate? Email me at [email protected] with the following:

• Three to 10 photos of your company's office.
• A brief description of what your company does and how it innovates, plus an explanation of how your physical space reflects that effort.
• Employee count.
• Photo credit?and?copyright information for your submitted photos. We need to know who took the photos, who owns them, and that we have permission from the latter party to use them.

???

This Weekly Edition was compiled by Eleanor Kennedy. Questions? Comments? Concerns? Email [email protected].

CONFIDENTIAL AND PROPRIETARY Any duplication, reproduction or usage of this document or any portion thereof without the written consent of ACBJ is prohibited. ? 2022 American City Business Journals. All Rights Reserved.

?