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NRI Continues $1.3B Columbus Redevelopment

COLUMBUS-Nationwide’s multifamily, office and entertainment developments, the $800 million Arena District and $500 million Grandview Yard projects, are still seeing new projects.

By Robert Carr | Updated on December 04, 2011

COLUMBUS-Cranes and bulldozers are active all over Columbus as Nationwide Realty Investors continues its two-stage, $1.3 billion in development, including the start of a 51,300-square-foot office building last week in the $800 million Arena District. NRI, a division of the locally based Nationwide Mutual Insurance Co., is also building the $500 million Grandview Yard project just northwest of the downtown.

Brian Ellis, CEO of NRI, tells GlobeSt.com that construction started Thursday on the $10 million 425 W. Nationwide Blvd. office, which will be anchored by the General Services Administration and completed in 2012. Other NRI buildings also under construction in the Arena District include the 200,000-square-foot 10 W. Nationwide Blvd. property, a $26 million building that will house the company’s insurance division by 2013, and 240 W. Nationwide Blvd., 280,000-square-foot office. Columbia Gas agreed in May to anchor this $50 million building.

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