Friday, June 15, 2012

URBAN REDEVELOPMENT VIA SPORTS ARENA -- CASE STUDY -- PART 5



THE ARENA DISTRICT: CONNECTIVITY IS KEY TO 
COLUMBUS’ DOWNTOWN URBAN DEVELOPMENT
City leaders still hoped to energize Columbus’ downtown with sports and entertainment offered by an arena, plus spin-off development generated by a such a facility.
Dimon McFerson, then head of Nationwide, decided his company  would lead the way.
A month after the defeat of the tax issue that would have funded a civic arena, McFerson and city officials announced Nationwide would build a downtown arena on land adjacent to its headquarters.
The announcement was coupled with aggressive plans to develop nearly 100 acres around the arena – more downtown development than city and county officials ever dreamed to create with the publicly-financed arena.
Shortly after Nationwide’s announcement, the NHL awarded a franchise to Columbus.
John H. McConnell, another longtime Columbus leader and founder of Worthington Industries, stepped forward to be the principal investor in the team.
The city held a ticker tape parade in June of 1997 to herald its joining the big leagues. 
 Case Study continues tomorrow -- June 16



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