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From one two-family home in Grandview, to six Ohio markets

Today, Metropolitan Holdings is a full-service real estate development firm providing development, financial, construction, property, and asset management services to the communities the Company develops.

Before 1998

  1. Learning to build at Casto

    Matt Vekasy starts his career with Casto Communities, a national developer, owner and manager of retail and multifamily properties, and takes part in the development and construction of 3,000 new apartments.

1998

  1. Glenn Avenue

    Metropolitan Holdings was founded in 1998 by Matthew R. Vekasy. With $1,500 of capital, he built the Company’s first two-family project in the Grandview area of Columbus.

2019

  1. Parkview comes to Huber Heights

    The firm plans Parkview, a community of just over 300 homes in Huber Heights, outside Dayton.

    A row of three-story townhomes with white columned porches and stone bases, behind a monument sign lettered PV and a bed of roses.

2020

  1. January 2020

    A proposal for 18th and Oak

    The firm proposes a five-story building of apartments and shops at 18th and Oak streets in Olde Towne East, Columbus. It will become Triumph.

  2. December 2020

    Plans for the old Biggs site

    The firm announces apartments on the site of a former Biggs shopping center in Anderson Township, east of Cincinnati.

2021

  1. October 2021

    Skytop clears the ground

    Having bought Skytop Pavilion that summer, the firm finishes demolishing it to make way for 361 apartments.

  2. November 2021

    Green approves Spring Hill

    Green City Council approves the firm’s plan for 298 homes in 49 buildings, outside Akron.

2022

  1. August 2022

    Shaker Heights chooses Metropolitan

    The city selects the firm to develop 3393 Warrensville Center Road, beside the Van Aken District. It will become Arcadia.

  2. December 2022

    Work starts on East Long Street

    Site work begins on Ogden, in the King-Lincoln Bronzeville neighborhood of Columbus.

2023

  1. March 2023

    Arcadia is approved

    Shaker Heights City Council approves Arcadia, following the Planning Commission.

  2. April 2023

    Reverb is rezoned

    Huber Heights rezones 25 acres for Reverb, 312 homes near the Rose Music Center.

  3. Summer 2023

    Skytop opens

    The first residents move into Skytop in Anderson Township.

    Skytop, an apartment community Metropolitan Holdings built in Anderson Township, Ohio: a four-story building with its name above the entrance, a flagpole and new landscaping, at dusk.

  4. Late 2023

    Triumph opens in Olde Towne East

    The first residents move into Triumph, 122 homes at 18th and Oak.

    Aerial photograph of a five-story brick and stucco apartment building wrapped around a parking court, a tall mural on one flank, ringed by streets of older houses.

2024

  1. June 2024

    Ogden is completed in King-Lincoln Bronzeville

    Construction is completed on Ogden, 72 apartment homes on East Long Street in Columbus, with street-level space beside the Lincoln Theatre.

    Elevated photograph of a brick apartment building lettered OGDEN with shopfronts along its ground floor, the downtown Columbus skyline in the distance.

  2. October 2024

    Maumee backs plans outside Toledo

    Maumee City Council approves a tax abatement for the firm’s plans off Indian Wood Circle, outside Toledo.

2025

  1. March 2025

    Arcadia breaks ground in the Van Aken District

    Work begins on Arcadia, apartments over ground-floor shops on Warrensville Center Road in Shaker Heights.

    Rendering of a four-story brick and stone apartment building on a street corner, with balconies above a glazed ground floor of shopfronts and a white church steeple beyond.

  2. May 2025

    Parkview at Spring Hill opens in Green

    298 apartment homes across a 51-building campus near Akron, with a resort-style pool, a clubhouse and a fitness center.

    Aerial photograph of a swimming pool with red and navy umbrellas and rows of loungers, enclosed by gabled apartment buildings and townhomes.

  3. June 2025

    Reverb breaks ground

    Construction begins on Reverb in Huber Heights.

  4. December 2025

    Creole Kitchen opens at Ogden

    Chef Henry Butcher’s family restaurant moves into Ogden’s ground floor, next to the Lincoln Theatre.

2026

  1. February 2026

    Margaux is planned on Trabue Road

    The firm shares its plans for Margaux, a multifamily community on the Trabue Road corridor in Columbus.

  2. March 2026

    Conrad is approved in Miami Township

    Miami Township approves Conrad, 315 apartments on the site of a former salvage yard, the firm’s next step in the Cincinnati area after Skytop.

  3. May 2026

    Conrad breaks ground

    Construction starts on the firm’s second community in the Cincinnati area.

    Aerial rendering of a five-story courtyard apartment building lettered CONRAD, surrounded by a tree-lined parking lot, mown lawns and two retention ponds.

  4. June 2026

    Harrison Landing opens in Perrysburg

    The firm opens its first completed community in the Toledo area, 320 homes in 53 buildings, while Citana rises in Maumee. Reverb’s first residents move in the same month.

    Aerial photograph of a townhome community partway through construction, with finished rows of homes, graded lots and earth-moving equipment beside an established neighborhood.

Today

Transactions
$897M+
Gross value of the firm’s transactions since 1998. A measure of transaction volume, not of investor return.
Units under management
2,000+
Apartment homes currently managed in the Columbus, Cincinnati, Dayton, and Akron markets.
People on the team
70+
Employees across development, construction, management, and investment.

Figures as published by Metropolitan Holdings, current as of October 2026.

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