Stonemont to Break Ground on Columbus Industrial Park

Castings Commerce Park. Image courtesy of Stonemont

Stonemont Financial Group will break ground next month on Castings Commerce Park, a 71-acre industrial park in Columbus, Ohio, on the site of the former Buckeye Steel. The project includes three Class A industrial buildings and is expected to be delivered in the third quarter of 2023.

Designed to accommodate both a single-tenant and a multi-user layout, the 859,240-square-foot development will include a cross-doc facility, as well as two rear-load facilities ranging from 112,000 to 599,040 square feet. Each of the three buildings is planned to have above-standard clear height and parking for cars and trucks.

Playing into Columbus’ industrial boom

Located at 2211 Parsons Ave., in the South Side district of Columbus, the development will have easy access to interstates 71 and 270. Set to accommodate Central Ohio’s surging demand, the industrial park will be less than 4 miles south of downtown Columbus and less than 10 miles northwest of Rickenbacker International Airport. The developer acquired the site in July of last year using a $4.6 million loan from Veritex Community Bank that is slated to mature in October, according to Franklin County records.

In March, Stonemont announced Westinghouse35, a 230,000-square-foot industrial building in Georgetown, Texas. Moreover, the company has several other industrial projects under construction in the Cleveland area. They include a 1 million-square-foot industrial property in Shalersville, as well as a 450,000-square-foot building in Westfield Center village in Ohio.