NEWS

Demand for residential condominiums in the Arena Dis-trict is so great that Nationwide Realty Investors is pushing ahead with planning for a new complex in a prime location.

The new condominium project will be located in what is now a parking lot northeast of Spring Street and Neil Avenue, Nationwide Realty President Brian Ellis said.

“We love the site because of its use of the riverfront and the skyline and its proximity to two parks—North Bank and McFerson Commons—and it’s right at the heart of the energy of the Arena District,” Ellis said.

While the project had been part of the Arena District plan from the beginning, an uptick in sales of units at the Condominiums at North Bank Park over the past 18 months has prompted Nationwide Realty to move forward.

“We’re at a point now where our sales activity at North Bank has been tremendous,” Ellis said. “We only have one unit that’s not spoken for, so we want to make sure we have something to offer. We’re trying to get on that quickly.”