Hilliard Selects Mixed-Use Concept for Former Chase Site

Hilliard has selected The Westwood Collective’s mixed-use concept for the former Chase branch at 4056 East Main Street, including a proposed Italian restaurant and apartments. The selection begins negotiations; it is not a completed sale, final development approval or construction start.

How the site reached this point

The Hilliard Development Corporation request for proposals covers approximately 0.836 acre at 4056 E. Main St. The corporation owns the former bank property and sought a development team to buy and redevelop it in line with the city’s plans for Old Hilliard.

Proposals were due in March 2026. The RFP reserved the corporation’s right to reject proposals, request more information or pursue another approach if no submission met its requirements.

What the selected concept contains

The city’s June announcement identifies The Westwood Collective as the selected developer. The concept preserves the former bank for an Italian restaurant called La Volta and proposes a new building with ground-floor commercial space and apartments above.

The announcement says the bank vault would become a wine display. It does not give a final apartment count, rents, construction cost or opening date.

Selection is not final approval

The city described the next step as negotiation of a purchase agreement with the Hilliard Development Corporation. The corporation’s board would still need to approve an agreement, and the project would remain subject to land-use, design, building and other applicable reviews.

Hoodline’s summary correctly notes that the drawings were conceptual. Calling the restaurant and apartments set for construction would overstate their status.

What the record does not prove

A mixed-use proposal may add activity to the district, but the available sources do not measure its effect on nearby sales, rents or commercial performance. The developer’s selection also does not guarantee that negotiations will produce a closing.

Because the Hilliard Development Corporation owns the property, the purchase agreement will be the key record for price, conditions and public obligations. None of those terms appears in the concept announcement.

The next checkpoints

Readers should watch for a public purchase agreement, Hilliard Development Corporation board action, a final site plan and building permits. Those records will provide the apartment count, financial terms and development schedule that the current concept lacks.