Our recent research for a project in Columbus, Ohio revealed some exciting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Columbus and the surrounding areas in 2025 and beyond.

• The Columbus Zoo and Aquarium is currently planning the largest renovation and expansion in its history. Dubbed the 2040 Framework, this project will include reimagined animal habitats, a new aquarium, new parking structures, and upgraded technology to improve the overall visitor experience. In addition to major projects at the Zoo, the 2040 Framework will bring improvements to the adjoining Zoombezi Bay waterpark and Safari Golf Club, as well as The Wilds in Cumberland, Ohio.

• Construction is now underway on the North America Trek, a $40 million redevelopment of the North American region at the Columbus Zoo and Aquarium. Scheduled for completion in spring 2025, this project will create new habitats for species such as black bears, river otters, and Mexican wolves. North America Trek marks the Zoo’s largest investment since the opening of Adventure Cove in 2020.

• Plans for a new $2 billion terminal at John Glenn Columbus International Airport were announced in 2023. Measuring one million square feet, the new terminal will replace the current three concourses with a single concourse capable of handling more large planes and significantly higher passenger volumes. This large-scale project is expected to be finished within the next four to five years.

• The first phase of a major mixed-use development called The Peninsula opened in the Franklinton neighborhood of Columbus in mid-2023, just west of the COSI museum. To date, this project includes 330 apartments, 233,000 square feet of office space, The Junto hotel, and two parking garages housing 1,400 spaces. In all, The Peninsula project marks a $250 million investment, with additional apartments and commercial space anticipated over the next few years.

• Intel Corp. is currently building two new semiconductor chip manufacturing facilities in New Albany, Ohio, northeast of Columbus. Representing an investment of roughly $28 billion in the first phase alone, this massive, years-long project will create about 3,000 direct jobs and have a significant impact on the entire Central Ohio region.