NEWS

Council gets legislation for Arena District expansion

October 7th, 2008
Business First

Columbus City Council is set for a vote before the end of the month on legislation that would clear the way for Arena District developer Nationwide Realty Investors Ltd. to begin the final $250 million phase of the area.

The legislation, which went up for a first reading Monday and is expected to be voted on Oct. 20, approves the $2 million sale of 2.4 acres of city- owned land off Vine Street, where Nationwide Realty intends to add a 238-unit apartment complex, two office buildings and other projects.

Nationwide’s plans for the district also include a range of infrastructure improvements estimated to cost at least $18 million.

The planned $250 million investment will bring private-sector investments in the Arena District to more than $1 billion. Other plans in the pipeline:

  • 260,000 square feet of office buildings along Nationwide Boulevard.
  • A 1,600-slot parking garage.

A Giant Eagle grocery story in partnership with Columbus-based Continental Real Estate Cos.

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