Building for the Future of Key Columbus Facilities

Building for the Future of Key Columbus Facilities 

The Franklin County Convention Facilities Authority (FCCFA) is taking significant steps to ensure the Greater Columbus Convention Center and Nationwide Arena remain premier destinations for visitors of conferences, conventions and events. Through reinvestment, debt restructuring and an ongoing facilities assessment, the FCCFA is building on the future of its assets. 

Reinvestment in Key Assets 

The FCCFA kicked off a capital improvement plan to address its infrastructure needs at the Convention Center and Nationwide Arena. These upgrades, totaling nearly $200 million, include HVAC system replacements, roof repairs and updates to guest amenities. At the Convention Center, critical investments have already been made in air handler and chiller replacements to enhance the center’s operational efficiency. 

“These are not flashy upgrades, but they are vital,” says FCCFA Executive Director Ken Paul.  

“They ensure our facilities operate effectively while continuing to provide an exceptional experience for our guests. When we reinvest now, we position ourselves for success well into the future.” 

Nationwide Arena, which celebrates its 25th anniversary this year, is also undergoing significant updates. From infrastructure improvements to enhancing the fan experience, these changes aim to extend the Arena’s useful life by another quarter century. Recent funding secured through the state’s Strategic Community Investment Fund has provided a boost for these projects, while additional investments are currently being pursued. 

Strategic Debt Restructuring 

To fund these critical improvements, and optimize its financial position, the FCCFA recently executed a comprehensive debt restructuring initiative. By refinancing older bonds and consolidating reserve funds, the authority freed up approximately $35 million for capital projects without incurring additional debt. 

“This restructuring has strengthened our financial position,” Paul said. “It not only allows us to address immediate needs but also provides stability and flexibility for the future. We’ve optimized our debt service, replenished hotel reserves and ensured the FCCFA remains financially self-sustaining.” 

Comprehensive Needs Assessment 

To guide reinvestment decisions, the FCCFA is completing a facilities conditions assessment, slated for completion by the end of Q1 2025. This study takes a deep dive into the physical infrastructure and operations of the Convention Center, examining everything from engineering systems to food service operations and parking management. 

“We’re not just looking at what’s behind the walls,” says Paul. “We’re evaluating how the building functions in today’s evolving convention landscape. Consumer expectations are changing, and we must adapt to remain competitive.” 

This approach reflects an industry best practice of conducting comprehensive evaluations to ensure facilities keep pace with market demands. 

“Facilities like the Convention Center and Nationwide Arena aren’t one-and-done projects,” Paul said. “Just like a home needs ongoing upkeep, these public assets require consistent reinvestment to remain competitive and meet the needs of our community and visitors.” 

As Columbus continues to grow as a destination for conferences, conventions and major events, the FCCFA’s reinvestment strategy ensures these popular facilities remain vibrant for decades to come.