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Nationwide Realty buys more land in Franklinton

Home Forums General Columbus Discussion Development Nationwide Realty buys more land in Franklinton

This topic contains 52 replies, has 20 voices, and was last updated by MichaelC MichaelC 3 years ago.

Viewing 15 posts - 16 through 30 (of 53 total)
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  • #1119603

    BJEverson09
    Participant

    The Crew Stadium is a nice dream, but it won’t be NRI that builds it without the county help/financing. When NRI built NW Arena it was one of the few privately owned sports arenas in the country and that is bc they are so expensive to operate. So most counties own stadiums through tax payer funds. Also, NRI took a huge hit on the sale of NW Arena about 3-4 years ago and that is still fresh in their minds when it comes to building/operating sports arenas. UC had an article dating back to 2013 (I believe) that showed proposed developments in Franklinton by developer. Im sure some of those have changed since then, but will give you an idea of what the developers are looking to do.

    IMO I think it’s great that developers are finally taking the west bank of the river into consideration (though all of the flooding walls and river work needed done first) and bringing our downtown to sit on both sides of the river. Plus, with how lots are being bought up like this, it’ll make for a easier/quicker gentrification of the area than other turnaround neighborhoods (looking at you Old Town East, been 10+ yrs running now).

    Overall, I would assume NRI is buying up adjacent blocks to create a “center” to Franklinton that then builds out (the map highlights this “center” perfectly) from there with residential/retail.

    #1119608
    Walker Evans
    Walker Evans
    Keymaster

    Plus, with how lots are being bought up like this, it’ll make for a easier/quicker gentrification of the area than other turnaround neighborhoods (looking at you Old Town East, been 10+ yrs running now).

    Olde Towne East is a residential neighborhood. East Franklinton is not. There’s no big opportunities to purchase large plots of land in OTE for large development projects, so it’s going to evolve at a different rate. The Short North (and Italian & Victorian Villages) have been on a 40 year trajectory.

    That being said, homes in the area sell for a pretty high pricetag these days…

    http://www.trulia.com/OH/Columbus,30828,Olde_Town_East/map_v/

    #1119615

    ohbr
    Participant

    Day Fest. Would most people want to see the arts embraced with new development and designs? Franklinton to me, seems to lack an architectural uniqueness and I am always confused when people call for that embrace in new development for the area.

    That’s where I fall. Embrace the arts neighborhood feel, not necessarily the very limited architecture. I personally would like Franklinton, particularly East Franklinton, to be something different from what we’ve seen elsewhere. Obviously respect any contributing buildings, but make it fresh and new. Bright and colorful as well IMO. It’s one of the few places where there isn’t already a ton of architecture to define a neighborhood so it should be created.

    I love the idea that this neighborhood should be a focus of affordability and mixed income. The city needs to take the lead on that though and I’m not convinced they would.

    #1119616

    Mike88
    Participant

    The Crew Stadium is a nice dream, but it won’t be NRI that builds it without the county help/financing. When NRI built NW Arena it was one of the few privately owned sports arenas in the country and that is bc they are so expensive to operate. So most counties own stadiums through tax payer funds. Also, NRI took a huge hit on the sale of NW Arena about 3-4 years ago and that is still fresh in their minds when it comes to building/operating sports arenas.

    It is a dream and a dream I adore.
    I think a new Crew Stadium would be a great anchor to build out from and be a boon for the area, the team and the city as a whole. But sadly I think you are correct for quite a few reasons, not the least of which is Nationwide has little to no stake in the team as it is right now.

    Besides what incentive do The Crew have for moving?
    Sure a better location could improve attendance and atmosphere but at what cost? Right now they rent the land the stadium is on at $50k a year and the stadium itself cost about 30mil to build in 1999 which is pennies for a stadium, no way they’re still paying for any of that. Even with the investments Precourt has made in the building it’s nothing they can’t earn back or write off easily.

    I would love to see Crew Stadium downtown where it truly belongs, but we’re at the current spot for at Min another decade before this conversation starts to get real.

    Overall, I would assume NRI is buying up adjacent blocks to create a “center” to Franklinton that then builds out (the map highlights this “center” perfectly) from there with residential/retail.

    ^^^^^^^ THIS ^^^^^^^

    I just hope they do it right, I would love to see a plaza or square with shops and offices surrounded by mix use residential. (Which might just be one of the most CU sentences of all time, maybe if I say something about light rail I’ll win a prize!)

    #1119618
    MichaelC
    MichaelC
    Participant

    Re: plazas, we know of at least one for the peninsula that is happening for sure adjacent to COSI. Would NRI prepare another one? Honest question. I certainly think having sufficient community/green space is important, especially for a millennial-based community as this very well could be.

    As for the necessity of Crew Stadium on this peninsula to launch things, I suspect that can also be accomplished with the planned museums to bolster COSI’s role.

    #1119680

    NDaEast
    Participant

    My guess: downtown casino and hotel(s). If I remember correctly, the four casino location monopoly runs out after 10 years. Dispatch has been about 10% of everything NRI has invested in recently, and this location would not upset the “family friendly” entertainment district that was the stated reason they led the effort to remove the casino from the Arena district to a dead part of the west side without much else to excite tourists (i.e., isolated to the west side in a campaign led by the Dispatch/Wolfes that delayed water/sewer service, perhaps in hopes it would fail/relocate in 10 years), but would give the Wolfe family a toe-hold in the gaming industry along with its obvious real estate interests (after selling the paper, and likely selling the TV station sometime after the end of advertising for the presidential elections this year). A family needs something to do, right? — why not casino gambling? (And it would be sold as jobs for Franklinton.) that is what the (admittedly small) Machevellian part of my mind surmises.

    #1119681

    ohbr
    Participant

    My guess: downtown casino and hotel(s). If I remember correctly, the four casino location monopoly runs out after 10 years.

    I don’t remember anything about that and I didn’t see anything in the constitutional amendment in a read through. Would it be somewhere other than that? Casino seems a bit far fetched. I’m not sure anyone would even invest in a Casino when the revenues from the current four are so far projections. Someone building a new casino that would further split the revenue from Hollywood and Scioto Downs probably wouldn’t make the greatest investment.

    #1119693
    King Gambrinus
    King Gambrinus
    Participant

    Museums maybe, but casino doubtful. As ohbr said the current one is underperforming, doesn’t exactly make sense to dive into building a competitor just down the street. I also don’t think a new Crew Stadium would accomplish much. It’s used maybe 20 times a year and has massive parking and road infrastructure requirements. I don’t think an empty stadium and a ton of parking would contribute much. The Crew’s current location is OK, but I’d love a pedestrian bridge over the RR tracks somewhere around Norwich. It’s just so hard to get in and out of the place even on foot.

    #1119695
    MichaelC
    MichaelC
    Participant

    After a few days of reviewing and thinking about this thread, I’m no longer of the opinion Crew Stadium would make enough sense on this peninsula. I do believe Crew Stadium should be downtown, but not in this area that will have museums along the riverfront, parkland, and the potential for lots and lots of affordable residential development to the west.

    #1119701
    spfld_expat
    spfld_expat
    Participant

    Another aspect of moving Crew Stadium that hasn’t been mentioned is the Quarter Horse Congress. This is a huge event that generates tons of money for the city, but has long since outgrown the facilities at the Ohio State Fairgrounds, and there are grumblings about moving the event elsewhere. The facilities for the QHC need to be expanded, which would be much easier without the stadium in the way.

    The ideal situation would put a new, updated crew stadium downtown and upgrade the fairgrounds facilities. That would be a win for the City, the Crew, the QHC. But all that money has to come from somewhere…

    #1119703

    ohbr
    Participant

    They are already building new facilities for the Quarter Horse Congress to meet the needs of the annual event. I think 2 new structures (?) at least one that is already near completion. With the expanded facilities, QHC has committed to staying in Columbus again. Those rumblings are a few years old and dealt with. If they’re resurfacing, then it’s likely not because of facitlites or space, it’s other cities trying to get it.

    I think the main thing is NRI will have zero interest in doing anything with Crew stadium downtown. And again, why are we clamoring to take up valuable space downtown and/or in Franklinton for 20ish days a year?

    Edit: link http://www.dispatch.com/content/stories/local/2014/10/23/Quarter-Horse-Congress-signs-new-10-year-contract-with-Expo-Center.html

    #1119704
    Walker Evans
    Walker Evans
    Keymaster

    After a few days of reviewing and thinking about this thread, I’m no longer of the opinion Crew Stadium would make enough sense on this peninsula.

    From a logistical perspective, I think you’d want to have a stadium relatively close to highway access. Putting it on the Peninsula is pretty disconnected from highways. That traffic would likely have to feed in and out on Broad Street. Which has capacity to handle game day traffic, but still wouldn’t be ideal IMHO.

    #1119710

    CB_downtowner
    Participant

    They are already building new facilities for the Quarter Horse Congress to meet the needs of the annual event. I think 2 new structures (?) at least one that is already near completion. With the expanded facilities, QHC has committed to staying in Columbus again. Those rumblings are a few years old and dealt with. If they’re resurfacing, then it’s likely not because of facitlites or space, it’s other cities trying to get it.

    I think the main thing is NRI will have zero interest in doing anything with Crew stadium downtown. And again, why are we clamoring to take up valuable space downtown and/or in Franklinton for 20ish days a year?

    Edit: link http://www.dispatch.com/content/stories/local/2014/10/23/Quarter-Horse-Congress-signs-new-10-year-contract-with-Expo-Center.html

    Crew Stadium fits in nicely with the identity of Franklinton. So it would have been nice, but I agree that transportation logistics and developer interests might not match.

    Disagree that Crew Stadium would take up valuable space downtown. The stadium belongs downtown and I’m not a typical ra-ra stadium guy. First, the stadium isn’t just a 20-day a year deal. It’s also much more ideal for massive outdoor concerts like Rock on the Range and Kenny Chesney in ways Huntington Park is not. It’s also ideal for large sporting events. Several major international soccer exhibitions including one on Tuesday. And potential for several other sports. Also, while that stadium may not be occupied 100% of the time, it will undoubtedly encourage surrounding retail in ways that the current Crew Stadium could not. And no, Lowe’s doesn’t count. All this despite a currently suboptimal experience for visitors (soccer fans travel very well).

    #1119716
    MichaelC
    MichaelC
    Participant

    <div class=”d4p-bbt-quote-title”>MichaelC wrote:</div>
    After a few days of reviewing and thinking about this thread, I’m no longer of the opinion Crew Stadium would make enough sense on this peninsula.

    From a logistical perspective, I think you’d want to have a stadium relatively close to highway access. Putting it on the Peninsula is pretty disconnected from highways. That traffic would likely have to feed in and out on Broad Street. Which has capacity to handle game day traffic, but still wouldn’t be ideal IMHO.

    Agreed.

    #1119733

    Mike88
    Participant

    Re: plazas, we know of at least one for the peninsula that is happening for sure adjacent to COSI. Would NRI prepare another one? Honest question. I certainly think having sufficient community/green space is important, especially for a millennial-based community as this very well could be.

    As for the necessity of Crew Stadium on this peninsula to launch things, I suspect that can also be accomplished with the planned museums to bolster COSI’s role.

    I think having a few smaller plazas behind the trainlines in the heart of the neighborhood would be a smart move and encourage people to stay on foot deeper into the neighborhood and allow for different experiences than say a park out by COSI

    Disagree that Crew Stadium would take up valuable space downtown. The stadium belongs downtown and I’m not a typical ra-ra stadium guy. First, the stadium isn’t just a 20-day a year deal. It’s also much more ideal for massive outdoor concerts like Rock on the Range and Kenny Chesney in ways Huntington Park is not. It’s also ideal for large sporting events. Several major international soccer exhibitions including one on Tuesday. And potential for several other sports. Also, while that stadium may not be occupied 100% of the time, it will undoubtedly encourage surrounding retail in ways that the current Crew Stadium could not. And no, Lowe’s doesn’t count. All this despite a currently suboptimal experience for visitors (soccer fans travel very well).

    I agree with all of this. The current Crew Stadium arrangement actually dissuades people from visiting or lingering in the area and spending money. The use of the stadium goes way beyond crew games as well. CB’s post highlights a lot of the uses but in addition to all of those things State High School championships and tournaments take place there, as well as College football games, I know BG played there a year or two ago.

    I personally would want to see The Crew on the peninsula or in the southwest corner of downtown. Both areas could use the boon of development the stadium could bring and are underutilized at this point.

    That said, I know existence is saddness and my pipe dream will remain just that.

    Perhaps a separate “Sim City: Crew Stadium” Thread should be created haha

Viewing 15 posts - 16 through 30 (of 53 total)

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