The City of Grandview Heights is experiencing a redevelopment boom. In particular, a bunch of parcels around the corner of Grandview Ave and Goodale Blvd have been purchased by a developer looking to tear down the old Knights Inn and put something new in (most likely a big box retail chain ala Walmart or Home Depot). The Mid Ohio Regional Planning Commission studied the area and came up with their own suggestions emphasizing smaller, more multi-purpose development ala Easton / Arena District.
You can find all of M.O.R.P.C.'s documents on the City of Grandview's Development office (Link Here). These documents are full of dreamy artists renditions and interesting parcel maps as seen below. I'll try to keep this updated with any new info... there's been ample coverage by the community news papers so this post is brief... however, feel free to add your knowledge in the comments.