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Friday, April 1, 2011
Columbus, OH

CASTO, one of the country’s leading real estate organizations, announced today that Tim Hortons has signed a letter of intent to take over the space at Broad & High. Tim Hortons is scheduled to open this spring. 

“We are thrilled that Tim Hortons has selected Broad & High as the location for one of its newest restaurants,” said Don Casto, Partner at CASTO. “The addition of the city’s most popular coffee and bakery restaurant, coupled with the thrilling Times Square-like atmosphere, will make Broad & High a destination for those who live, work and play in downtown Columbus.”
Located in the heart of downtown Columbus, Broad & High features 9,000 square feet of street-level retail and restaurant space, 25,000 square feet of “Class A” office space and 23 luxury condominiums. Tim Hortons renovation will take on a new, more comfortable cafe and bake shop atmosphere.
“We’re looking forward to opening on the city’s most high profile corner,” said Mike Meilleur, Senior Vice President at Tim Hortons. “This location is key to our goal of being the city’s favorite and most convenient place to meet for a great cup of coffee or grab a quick meal.”
Tim Hortons USA is headquartered in Dublin and this location will be the company’s 65th in the city.
Tim Hortons is the fourth largest publicly-traded restaurant chain in North America based on market capitalization, and the largest in Canada. Tim Hortons serves more than 2 billion cups of its premium blend coffee per year. Operating in the quick service segment of the restaurant industry, Tim Hortons appeals to a broad range of consumer tastes, with a menu that includes premium coffee, flavored cappuccinos, specialty teas, breakfast sandwiches, wraps, home-style soups, fresh sandwiches, donuts, fresh baked goods, and, in some locations, ice cream. As of January 3rd, 2010, Tim Hortons had 3,578 systemwide restaurants, including 3,015 in Canada and 563 in the United States. More information about the Company is available at www.timhortons.com.
CASTO, a fully integrated real estate organization based in Columbus, Ohio since 1926, is a recognized leader in the ownership, management, acquisition and development of commercial shopping centers and multi-family residences, office buildings and corporate parks. CASTO’s growing portfolio currently includes over 23 million square feet of
commercial property in 90+ shopping centers and more than 4,000 residential units in 14 apartment communities located primarily throughout the Midwestern and southeastern United States and Puerto Rico. CASTO currently has more than five million square feet of retail in development. To learn more about CASTO, visit www.castoinfo.com.
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