Schottenstein Homes Announced as First Builder at NRI’s Jerome Village

Posted on filed under Nationwide Realty Investors.

DUBLIN, Ohio, August 12, 2010 — Nationwide Realty Investors (NRI) announced today that Columbus-based Schottenstein Homes will be among the first residential builders at its Jerome Village project in Dublin. NRI President Brian J. Ellis made the announcement.

“We are very happy to be making this announcement today,” said Ellis. “Schottenstein Homes is a recognized leader in quality and service in Central Ohio. We are going to do great things together in this project.”

Schottenstein, which purchased an initial 93 lots will offer 11 models with floor plans ranging from 1,539 to 2,900 square feet. These models will include ranch and multi-level layouts and feature poured concrete basements, designer garage doors and nine-foot first floor ceilings. Initial pricing will be between $249,900 and $325,000.  Schottenstein plans to have at least one model open by spring and will begin delivering homes by late spring 2011.

The 1,435-acre master-planned Jerome Village will include the perfect blend of residential, commercial, retail and recreational spaces, all anchored by a vibrant town center. This will be a traditional and inclusive community, with distinctive and diverse housing, schools, a community center, a collection of local shops, amphitheatre, swimming pool, and a retirement village —all within walking distance of each other.

NRI plans to announce additional builders and other significant project updates in the weeks and months ahead. For more information on Jerome Village, visit www.jeromevillage.com.

About Schottenstein Homes
Founded in 2007 by Steve Schottenstein and Paul Coppel, Schottenstein Homes is the newest homebuilder in Central Ohio. With more than 40 years of combined experience in the homebuilding industry, this team has constructed more than 70,000 homes in hundreds of communities across the country. For more information on Schottenstein Homes, visit www.schottensteinhomes.com.

About NRI
NRI is the real estate development affiliate of Nationwide Mutual Insurance Company and the developer of the $750 million, mixed-use Arena District in Columbus, Ohio.  Directly and through joint ventures, NRI owns more than $1 billion in real estate investments.  For more information on NRI, visit www.nationwiderealtyinvestors.com.

MEDIA CONTACT

Mark Winter
248.258.2333
mwinter@identitypr.com

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