Coastal Ridge Real Estate to Develop Build-for-Rent Master Planned Community Featuring 230 Homes in Fast Growing Central Ohio Market

Coastal Ridge Real Estate to Develop Build-for-Rent Master Planned Community Featuring 230 Homes in Fast Growing Central Ohio Market

COLUMBUS, OH - Coastal Ridge Real Estate, a national multifamily investment, management, and development firm, announced that they are continuing the expansion of their Stillwell brand with a new project in Central Ohio. The firm will build 230 build-for-rent (“BFR”) homes at Jerome Village, a master-planned community developed by Nationwide Realty Investors.

Jerome Village boasts a wide range of housing styles and options to support Central Ohio’s growing population and housing needs. The community includes over 700-acres of parks, and green space with a network of walking and nature trails connecting to Glacier Ridge Metro Park.

“The Stillwell brand compliments the lifestyle offered at Jerome Village,” said Jerimi Nuckolls, Director of Development at Coastal Ridge. “We’re enthusiastic about our partnership with Jerome Village and Hallstatt Real Estate Partners on this project and look forward to welcoming our first set of residents to our community in 2023.”

Coastal Ridge launched the Stillwell brand earlier this year with Stillwell Wellen Park and Stillwell Avery Centre, BFR projects in Sarasota, Florida and Round Rock, Texas, respectively.

“We’ve looked forward to the day when we could announce the Stillwell brand would be coming to the Central Ohio community,” said Andy Lallathin, Co-Founder and Managing Partner at Coastal Ridge. “With so many of our Coastal Ridge team members located in Central Ohio and our corporate headquarters located in downtown Columbus, this project is of particular importance to our organization and development team.”

Stillwell Jerome is being developed in a joint venture partnership with Halstatt Real Estate Partners and Coastal Ridge, with Columbus-based, Hallmark Construction serving as the contractor.  

Stillwell Jerome will be located within the Fairbanks School District and will feature one-, two-, and three-bedroom homes with first-floor private entries and individual backyards. Residents will have onsite access to a resort-style pool, state-of-the-art clubhouse, walking trails, outdoor seating areas, and a fitness center.

Source: Coastal Ridge Real Estate

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