Summary：Exciting $36.7M Project Unveiled by Top Property Manager in Pickaway County **Introduction** Picka

Exciting $36.7M Project Unveiled by Top Property Manager in Pickaway County

**Introduction**
Pickaway County officials and local business leaders gathered Thursday to celebrate the announcement of a $36.7 million mixed‑use development spearheaded by Premier Property Management, one of the region’s leading real‑estate firms. The project, slated for a 12‑acre site along State Route 22 near Circleville, promises to bring new residential units, retail space, and community amenities to a corridor that has seen steady population growth over the past decade.

**Key Developments**
The initiative will feature 180 apartment units ranging from studio to three‑bedroom layouts, 25,000 square feet of ground‑floor retail, and a 10,000‑square‑foot public plaza designed for farmers’ markets and outdoor events. Premier Property Management emphasized sustainable building practices, including LEED‑certified construction, solar panel installations on rooftops, and storm‑water management systems aimed at reducing runoff into the Scioto River tributaries. Groundbreaking is expected in early 2026, with completion projected for late 2028.

**Industry Analysis**
Analysts note that the investment aligns with broader trends in Ohio’s suburban markets, where demand for walk‑able, amenity‑rich neighborhoods is outpacing supply. According to a recent report by the Ohio Real Estate Research Institute, counties surrounding Columbus have experienced a 12 % year‑over‑year increase in rental applications, driven by remote‑work flexibility and rising home‑ownership costs. Premier’s decision to integrate retail and public space reflects a shift toward “live‑work‑play” models that enhance tenant retention and stimulate local commerce. Moreover, the project’s green credentials could qualify it for state tax incentives, further improving its financial viability.

**Future Outlook**
If completed on schedule, the development is projected to generate approximately $4.2 million in annual tax revenue for Pickaway County and create an estimated 350 construction jobs followed by 60 permanent positions in property management, retail, and hospitality. Local