Explanation
Nationwide Arena LLC ("Nationwide") is developing a portion of the former Ohio Penitentiary Site ("Pen Site") with a proposed office building located at 325 John H. McConnell Boulevard, a structured parking facility at 300 Neil Avenue, and an ophthalmology outpatient surgery center at 262 Neil Avenue, and the location of 200 jobs in the Arena District. Nationwide contacted the City and presented a proposal that would allow Nationwide to expedite the development of this site. The center will be owned by a group of 30 doctors. The facility would be approximately 90,000 square feet, with 30,000 square feet dedicated to the surgery center and 60,000 square feet to the doctors' offices. The facility would be operated/managed by Aspen Health, and would house approximately 200 employees, approximately 40 of which would be new employees in the City of Columbus. Under the proposal the City would transfer approximately 12,000 square feet of excess Neil Avenue and Spring Street right-of-way, more fully described in the body of this legislation, to Nationwide and would release Nationwide from the conditions set forth in Section 11.13(D) of the Contract of Sale of the Pen Site between the City and Nationwide, authorized pursuant to Ordinance 2201-98, passed July 27, 1998 and signed August 17, 1998. In exchange for the transfer and release Nationwide would agree to make certain street improvements estimated to cost approximately $350,000 to Neil Avenue and Nationwide Boulevard solely at its expense.
Emergency action is requested so that Nationwide can begin redevelopment of the Pen Site immediately, thereby preserving the current construction schedule.
Title
To authorize the Public Service Director to execute those documents required to transfer portions Spring Street and Neil Avenue to Nationwide Arena LLC; to waive the competitive bidding and Land Review Commission provisions of Columbus City Codes and to declare an emergency.
Body
WHERE...
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