Columbus, OH — CASTO, one of the country’s leading real estate organizations, announced today that it will host a ceremonial groundbreaking on April 3rd at 10 a.m. for its East Franklinton mixed-use project.
The project, which is in partnership with the Robert Weiler Company, Kelley Companies, Columbus Metropolitan Housing Authority and Smoot Construction, will be aptly named River & Rich.
“We’re excited to break ground on River & Rich, and to contribute to the vibrant community and growth of East Franklinton,” said Brent Sobczak, Director of Multifamily Development and Finance at CASTO.
Once completed, River & Rich will include 230 one and two-bedroom garden and townhouse style apartments, 25,000 square feet of retail space and a two-story 292-space parking garage. CASTO and its partners will also seek input from local artists and Franklinton stakeholders on building murals and public art installations.
River & Rich is set to open early Summer 2018.
CASTO, a fully integrated real estate organization since 1926, is a recognized leader in the ownership, management, acquisition and development of multi-family residences, commercial shopping centers and office buildings. CASTO’s growing portfolio currently includes over 23 million square feet of commercial property and over 4,000 residential units located throughout the midwestern and southeastern United States. CASTO is headquartered in Columbus, Ohio and serves a variety of clients from five offices in Florida, North Carolina and Ohio. To learn more about CASTO, visit www.castoinfo.com.