Saturday, June 16, 2012

URBAN REDEVELOPMENT VIA SPORTS ARENA -- CASE STUDY -- PART 6


THE ARENA DISTRICT: CONNECTIVITY IS KEY TO 
COLUMBUS’ DOWNTOWN URBAN DEVELOPMENT
The expansion Columbus Blue Jackets debuted in 2000, playing to sellout crowds in Nationwide Arena.
Because stadiums and arenas alone are rarely profitable, Nationwide decided it could afford to take on the arena project by making it the center piece of a mixed-use district that would feature offices, retail, restaurants, entertainment, residential and more.
The Arena District, named for the architecturally-acclaimed Nationwide Arena that anchors it, has been developed by Nationwide Realty Investors (NRI), an affiliate of Nationwide.
NRI is active throughout the United States with a diverse portfolio of office, retail, hotels, luxury apartments, properties and development land.
Directly and through joint ventures, it controls more than $1 billion in real estate development. 
From the beginning, NRI wanted to focus on connectivity. It didn’t want an arena isolated within a sea of parking.
It didn’t want to build a place where people raced in by highway, then raced back out to the suburbs. 
Case Study continues tomorrow -- June 17

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