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NRI, Lifestyle Communities to Develop New Building in the Arena District

November 6th, 2006
Press Release

COLUMBUS, OH— Nationwide Realty Investors announced today that Lifestyle Communities will bring its headquarters to a new seven story building in the Arena District.

The 125,000 square foot, seven story office building will be located at 230 West Street, at the corner of West Street and Marconi Boulevard, facing McFerson Commons. The building will feature balconies on the top five floors. Lifestyle Communities will occupy 40,000 square feet on the first three floors of the building. Construction is expected to begin spring 2007 pending approval from the Downtown Commission on November 16. Lupton Rausch is the architect.

Parking for the new office building will be provided by an underground connector to the Marconi Garage. The garage current offers 1,542 parking spaces with an additional 272 spaces being added. In addition, there will be 62 spaces underneath the new office building.

“We are excited to have Lifestyle Communities expand their presence in the Arena District,” said Brian J. Ellis, president of Nationwide Realty Investors. “This is a growing high energy business and it will be great to have them and their associates live, work and play in the Arena District.”

“We are excited to bring our company headquarters to the Arena District,” said Michael J. DeAscentis Jr., CEO of Lifestyle Communities. “Over the past 10 years we have been committed to developing a culture and work experience that fosters creativity and innovation, in much the same way Nationwide has created a vibrant, thriving atmosphere in the Arena District.”


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