News

Pizzuti Plans to Build in Creekside

September 2013
Pizzuti Cos. plans to build a mid-sized bulk industrial project in its Obetz industrial park with one-third of the distribution center filled.\
The development firm expects to get started on its 253,664-square-foot, CreekSide XI project at the CreekSide Industrial Center in a few weeks with CreekSide X tenant CME Wire and Cable as a 85,616-square-foot tenant.

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Pizzuti Wins Memorial Hospital Contract

July 2013
Pizzuti Cos. has landed the contract to develop a $7.5 million, 35,000-square-foot medical office building in Marysville for Memorial Hospital of Union County. Columbus-based Pizzuti has entered into a contract to purchase a 4-acre parcel overlooking Route 33 at the Route 36 interchange and expects its construction division to start building the facility in early September. The project is scheduled for completion in September 2014.

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The Joseph/Short North Project Draws Le Meridien

August 2013
The Short North’s established art scene proved key when Starwood Hotels and Resorts agreed to hoist its Le Méridien flag over The Joseph hotel under construction at 618 N. High St. That’s the word from Serge Rivera, the Starwood co-president of the Americas who spoke on behalf of the luxury brand Thursday morning at a formal shovel-and-dirt ceremony with various elected officials and those representing developer Pizzuti Cos.

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Ravines at Westar Planned for Westerville

August 2013
Two developers are aiming to build 520 apartments on 54 acres in Westerville as the suburban city seeks to provide more rental housing for young workers and empty-nester adults. Tim Spencer of Trivium Development LLC and Polaris Centers of Commerce master developer NP Ltd. hope to jointly develop the Ravines at Westar apartment complex. They’re shooting to get a preliminary development plan through the Westerville Planning Commission by early fall.

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Jim Havens Talks About Law School

July 2013
Capital - James Havens

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Capital University Honors Havens

April 2013
Alumni Recognition 2013

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The Medical Center of Newark is sold to Licking Memorial Health System for $26 million

February 2013
Medical Center of Newark, Central Ohio’s only doctor-owned hospital, has been sold to its larger nonprofit rival, Licking Memorial Health Systems.
The two hospitals signed a purchase agreement Monday and the sale is expected to close by year’s end. Terms were not disclosed, but the parties said the cash price was based on independent appraisals.

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Cardinal Title works with developer on $59 million multi-building project in Short North

August 2012
Pizzuti Companies just broke ground on the city’s first full-service boutique hotel, the Joseph, at the south end of the Short North. The hotel is part of a $59 million multi-building project. Several residential developments are also under way and city officials have committed public funds to consider ways to improve the infrastructure in the area.

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Cardinal Title works with developer on $50 million residential project

April 2012
Cardinal Title works with Atlanta developer Carter on $50 million to build apartments and retail space along the High Street side of the Columbus Commons park downtown including three six-story buildings with retail on the ground floor below five floors of apartments.

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Jim Havens in the Spotlight

October 2011
Cardinal Title founder and president, Jim Havens, is the featured member in the newsletter for the Ohio Land Title Assocation

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Jim Havens Named to Capital University Board of Trustees

Jim Havens, president of Havens Limited and Cardinal Title, was named to the Capital University Board of Trustees in 2011.

Capital University, based in Bexley, Ohio, is a comprehensive, independent university that was founded in 1830. The university’s educational mission is based in free inquiry, critical thinking and leadership.

Havens graduated from Capital in 1978 and received a degree from Capital University’s Law School in 1981.

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Polaris Park Honors Echele

October 2011
Cardinal Title completed the title work for the development of Polaris Founders Park and Echele Memorial, just north of Columbus, Ohio. The 1.5-acre park
honors the late Bob Echele, who was the visionary behind Polaris Centers of Commerce.

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Hospitality Secures Second Hotel

October 2011
Cardinal Title provided title insurance for the closing of the 64-suite Best Western Plus-brand Franklin Park Suites at 2045 Polaris Parkway.

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Cardinal Title Facilitates Refinance of Multi-Family Projects

October 2011
Cardinal Title recently facilitated the closing and refinance of two large multi-family projects in the Central Ohio area: the $11-million Bixbywood project in Columbus and the $12.5-million Albany Commons in New Albany.

 

Cardinal Title closes on newest project: Polaris Office Medical Building

January 2011
Cardinal Title closed on its newest project: the Polaris Office Medical Building, a 45,000-square-foot, three-story facility located in the busy Polaris area of Central Ohio. This state-of-the-art, $9.85 million medical building will feature physician offices and a 10,000-square-foot, on-site surgery center. Physicians leasing at least 5,000 square feet of space in the building have ownership opportunities in the project. The anchor tenant is Hand and Microsurgery Associates. Estimated completion date for developer Continental Building Systems is the summer of 2011. The building will be finished in brick, cast stone, punched windows and will have a large, glass foyer at its entrance, providing a contemporary appeal. A patient reception area will be on the building’s west side. The facility is conveniently located to I-71, at the intersection of Gemini Place and Church Drive, across Polaris Parkway from Polaris Fashion Place mall.
The project was awarded a 100-percent tax abatement for 15 years.

 

Jim Havens receives President's Award from Ohio Land Title Association

September 2010
Jim Havens, founder of Cardinal Title, received the President's Award from Amy Kaspar, outgoing president of the Ohio Land Title Association in September 2010. Havens has been integrally involved in Ohio legislative issues that concern OLTA and the title insurance industry. "I am honored to present this year's President's Award to Jim Havens for outstanding service to the Association and to the Presidency," Kaspar said during the presentation. "His testimony and his support at hearings were invaluable."

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Medical developer growing Newark presence with expanded VA clinic

August 2010 | Columbus Business First
Cardinal Title wins contract to triple the size of the U.S. Department of Veterans Affairs clinic in Newark, Ohio.The Columbus developer behind Central Ohio’s only private for-profit general hospital has won a contract to triple the size of the U.S. Department of Veterans Affairs clinic in Newark, adding to the growth of a medical district on the city’s west side.Construction is expected to kick off in September for the $1.8 million, 10,000-square-foot replacement for the satellite of the Wylie VA Ambulatory Care Center in Columbus.

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Newark doctors partner with Havens to open new hospital.

June 2006 | Columbus Business First
Newark will become a two-hospital town in 2007, when inpatient care is added at a physician-owned medical complex on the Licking County city's west side.The $15 million, 22-bed project will allow the nine-year-old Newark Surgery Center to build on its growth and offer more patient services, said Dr. Don Jones, one of the partners in the expansion.

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Jim Havens writes about a township's efforts to preserve open space.

March 2005 | Granville Sentinel
Before and since the approvals of the Granville comprehensive plan, the township has sought through its lawful powers to preserve open space and the township's rural character, and to assist the school district in maintaining and developing its tax base. These two goals could be seen as opposing one another. School districts are funded primarily through real property taxes and, thus, the only way to develop a tax base is through real estate development. Preserving rural character is generally thought of as maintaining undeveloped agricultural areas.

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Land aquisitions help create recreational and scenic spaces.

May 2004 | Granville Sentinel
During the last election, township officials received inquiries concerning the township's recreation and open-space property-acquisition program.
In 1991, the township began a deliberate program of purchasing property for community ownership. Since that time, it has acquired 753 acres of recreational and open space through outright property purchases and development-easement purchases.

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Holding companies help in tax and privacy issues involving real estate.

November 2002 | Columbus Business First
A holding company or qualified intermediary offers real estate investors an option to paying capital gains tax after selling one property and waiting for a desired property to become ready for purchase. "It doesn't avid the gain forever," said James Havens, partner in the Columbus law firm of Havens Willis LLC and president of the Cardinal Title Agency, a licensed commercial real estate title insurance company. But the Internal Revenue Service does allow the investor to literally hold the transaction for up to 180 days without paying capital gains as part of a 1031 Exchange.

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McElroy-Minister building has new owner.

March 1999 | Columbus Business First
Some notable names in Columbus commercial real estate will purchase and renovate the McElroy-Minister office building at 141 E. Town St.
Calgary Real Estate Development Co., a partnership between real estate appraiser Samuel D. Koon and attorney Jim Havens, will lead redevelopment of the 20,000 square-foot building at Town and South Fourth streets.

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