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Columbus Business First
Here are 18 tech innovators pushing the Central Ohio economy forward
Columbus Business First is recognizing local innovation in technology with 18 honorees in our annual BizTech Awards program.<\p> Highlighting up-and-coming companies and entrepreneurs has been our goal for nearly a decade since Business First revived the tradition of the former TechColumbus TopCat Awards.<\p>
23-story tower proposed for downtown Columbus
A proposed downtown Columbus tower has grown in height and scale. <\p> Bluestone Brothers Capital is proposing a 23-story mixed-use building with 290 apartments and a five-story commercial building for 199 E. Rich St. The project is proposed to span the entire block bounded by East Rich, South 4th, East Cherry and South Young streets. <\p>
Nominations open for Innovators in Healthcare & Life Sciences Awards
Innovation is spurring significant changes in the healthcare and life sciences industries, with advances in research and new technologies improving patient outcomes and driving efficiency throughout the system.<\p> The individuals and teams working on such endeavors are the reason that Columbus Business First is launching a new recognition program, the Innovators in Healthcare and Life Sciences Awards. <\p>
Future Hollywood-style movie studio launches investment fund
They might not get to yell Action or Cut, but investors can still take part in a budding film industry in Ohio.<\p> Fallback Studios LLC, the startup filmmaker planning a "Hollywood-caliber" production facility in Dublin, is launching an investment fund to back both the studio infrastructure and the films and TV shows that get made there.<\p>
Columbus creates vacant, foreclosure registries
Columbus City Council Monday passed legislation to create vacant and foreclosure registries in the city and to help relocate people displaced from rental homes. <\p> There are currently between 3,000 and 4,000 vacant properties in Columbus. <\p>
Firm acquiring Dublin biotech aims to boost Alzheimer's research
Dublin-based Meilleur Technologies Inc. will be acquired by Bedford, Massachusetts-based Lantheus Holdings Inc. <\p> Meileur's specialization in imaging biomarkers for neurological pathologies will help Lantheus expand its Alzheimer's disease pipeline, the companies said. <\p>
A Columbus hospital ranks No. 2 in the state
Ohio State University's Wexner Medical Center again was ranked No. 2 in the state by U.S. News and World Report, which released its 2024-25 Best Hospitals list Tuesday.<\p> Ohio State had eight programs make the national rankings, down from 10 last year, and another four named "high-performing" without a numerical rank. <\p>
New bakery chain lands in Columbus with multiple locations on the way
South Korea-based French-Asian bakery chain Paris Baguette has opened its first location in Columbus. <\p> The cafe and bakery opened this month at 3969 Merchants Row at Easton Town Center. Paris Baguette filled the 4,000-square-foot space left behind by the short-lived LemonShark Poké & Makai Grill.<\p>
Canadian textile recycler taps Central Ohio for flagship U.S. facility
A Canadian recycling company with ties to prominent apparel brands has chosen Central Ohio for its flagship facility in the United States. <\p> Debrand, which provides textile sustainability and sortation services to retailers such as Reynoldsburg-based Victoria's Secret, Lululemon and Everlane, opened its first U.S. facility within a newly constructed building in the city of Delaware. The 32,000-square-foot operation is used for textile reuse, recycling and recovery. <\p>
Goodwill will serve Grove City with a first of its kind facility
After 85 years of service, Goodwill Columbus will open on Thursday its first location on the southwest side of Franklin County in Grove City. <\p> The latest site at 4178 Buckeye Pkwy. is the nonprofit's first in the area, and the first to house retail, donation, job training and adult day services in one spot.<\p>
CMBS apartment distress surges as operators struggle to refinance
Distress in the multifamily sector of commercial real estate is mounting as debt issued during a time of ultra-low interest rates is coming due.<\p> Among commercial mortgage-backed securities loans for single-borrower, large multifamily properties, the rate of distress is up 185% in the past six months, according to an analysis by Wayne, Pennsylvania-based commercial real estate data-analytics platform CRED iQ.<\p>
Nationwide Children's opens huge orthopedic, sports medicine clinic
Nationwide Children's Hospital has opened the first new building of its most ambitious expansion plan yet.<\p> The Columbus pediatric hospital's $179 million Livingston Orthopedic and Surgery Center, 405 Butterfly Gardens Dr., will continue to move in more specialties and departments through September. The project announced in 2021 came in on time and on budget, although the scope increased during design from the initial $154 million plan.<\p>
Here's how much upgrading Nationwide Arena will cost
Nationwide Arena is set to undergo a number of upgrades over the next few years.<\p> The Franklin County Convention Facilities Authority, which owns and operates the arena (opened in 2000), has laid out $60.2 million of upgrades in its operating and capital improvements budget planned through 2028. <\p>
Clintonville pizzeria closes its doors again due to fire
A Clintonville pizzeria has closed for the "foreseeable future" after a fire. <\p> Harvest Bar + Kitchen, 2885 N. High St., was the site of a Friday morning fire. NBC4 reported that most of the damage was limited to the refrigeration unit and dumpsters at the rear of the building. <\p>
This Columbus brewery now has a beer vending machine
If the line at the bar is too long at Land-Grant Brewing this weekend, patrons have a faster option: Columbus' first beer vending machine.<\p> The Franklinton craft brewer is the first customer for VendGuard, a Columbus startup founded by three "tinkerers."<\p>
Automotive innovation center opens at Central Ohio business park
A new facility that aims to support the advancement of automotive innovation and technology has opened at a Marysville business park.<\p> The Automotive & Mobility Innovation Center is an 18,000-square-foot building that was designed to connect startups, established businesses, researchers, educators and government. The center is located at 1100 Innovation Way in Marysville's 33 Innovation Park.<\p>
State investing millions in psychiatric hospitals in Columbus, Dayton
Following the May opening of the Central Ohio Behavioral Healthcare hospital in Columbus, the state has begun the early steps to create a mental health-focused hospital in the Dayton region.<\p> Ohio recently approved its two-year Capital budget, which allocates funding to construction projects throughout the state. One of the largest projects is the creation of a new behavioral health hospital in the Miami Valley. The state is investing $10 million to help begin the early planning process.<\p>
Columbus a leading market for biotech R&D jobs, CBRE says
Central Ohio's growing biotech industry has propelled it to one of the country's leading R&D markets for the life sciences, according to a new report from CBRE.<\p> With Cleveland ranking in med-tech manufacturing and Cincinnati in medical devices, Ohio is one of only a handful of states that have three or more clusters of life-sciences labor nationwide, the firm's annual analysis said.<\p>
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