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Towne Mall proposes $20M transformation into open-air retail center

Owners to seek financial assistance

 

By Dave Greber

Thursday, January 11, 2007

 

MIDDLETOWN — Towne Mall owners are seeking financial assistance in a proposed $20 million makeover that will turn the mall into an open-air retail center.

 

Middletown officials have been working with mall owners CBL and Associates Properties Inc. since 2002, and Incentis Group, a national site section and consultant company, for more than a year on a proposed redevelopment plan for the mall, said Bill Murphy, the city's economic development director.

 

 

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  • ColDayMan
    ColDayMan

    Here's a first look at plans for the Towne Mall redevelopment in Middletown   New details are emerging about a massive project that would convert a local mall into a mixed-use development an

  • Whew.  Thank god they didn't forget the parking.  Without it they might not have had the desired But at least there's a nice bus stop, right?  Somewhere?

  • ColDayMan
    ColDayMan

    Sorg Opera Revitalization Group gains ownership of historical building   After years of effort, the future of a 132-year-old theater in Middletown is secure.   The Sorg Opera House

I thought the $20 million figured seemed low.  But remember, BridgeWater constructed two new department stores--J.C. Penny and Target, while Towne Mall already has three department stores that will remain.  It's my understanding that E-B, Dillards and Sears own their sites, so any improvements to their buildings must be made by those companies.

 

Anyone know the construction figure of Streets of West Chester?

 

Here's an aerial shot of the site.

From the 1/17/06 Middletown Journal:

 

Warren County: Towne Mall plan 'a tough sell'

County does not offer tax breaks to retail projects; one official says Towne Mall plan unlikely to get help.

By Dave Greber

 

MIDDLETOWN — Without financial assistance from Warren County and the city of Middletown, Towne Mall may close.

 

While some Middletown council members said Tuesday they would be willing to consider offering some incentives for the $26 million proposed renovation, Warren County officials maintained a different position: They don't typically offer tax breaks and other incentives for retail projects.

 

http://www.middletownjournal.com/hp/content/oh/story/news/local/2007/01/17/mj011707townewarren.html

My dad watch the meeting and provided me with a little more insight about the project. 

 

From what my dad understands, they are looking for a 10 year tax-abatement.  I am assuming this is a property tax abatement.

 

The area that currently houses the food court will be demolished with new buildings being built on both sides with a road and on-street parking through the middle heading towards the center of the development (where the fountain used to be).  The road will continue and veer either to the left or right (he didn't offer specifics) but will eventually tie into the Meijer store.  Sear's new entrance will be at an angle.  Most of the Dillard and E-B wings will remain, but the roof will be removed.  He said it seems the shell of the retail buildings will remain with new storefronts being built.  These areas will be all pedestrian.  The "jewelry store" corner may be gone.  There will be a children's play area.  Also several outlots will be created for restaurants. 

 

I was hoping for more of a mixed used development.  This looks more like a glorified shopping center.  I understand that because it is a redevelopment and the anchors wish to remain, it makes things a little more difficult.  But I hate lifestyle centers where all the buildings are single story.  I still belive they are going to have a hard time sticking to the $26 million budget.  I can't wait to see more of the plans though.  It will be very interesting to see what council does. 

 

I do like the new Dillards storefront though :)

 

Open air centers may be a fad, but retail in itself is a fad. 

LOL...that makes sense, although I think there will be more retail along the "road" than what you are showing.  Not bad!

 

My dad said if all goes planned, work could begin in March, with a completion by Christmas 2008, the same time the upscale flea market in Monroe is scheduled to open ;-P

A couple renderings courtesy of the Middletown Planning Department:

 

towne2.jpg

 

towne1.jpg

  • 4 weeks later...

I was surprised to learn that the mall has/had yearly sales of $46 million.  I was like "where the f**k did they get that figure."  I don't know anybody spending much money out there.

I still think something will happen.

 

1.) Re-Development will move forward with or without the city's help

2.) CBL will sell the property.  I can't imagine they'd sell it to someone who wouldn't put money into it.

 

The place is empty.

*Sigh*

I guess this project was wishful thinking on my part.

 

I understand that Roger's Jewelers is moving out of mall into the old Pearl Vision outlot building.  So it keeps getting worse

 

They need to do something before the department stores get frustrated and close down.

 

Great thread.  That mall has to have been designed by the same firm that did Euclid Square Mall.  Seating details are nearly identical.  Unfortunately, Euclid Square has only an outlet Dillards and 99 out 99 storefront abandoned.  Creepy thing is that I grew up going to that mall and it is now completely abandoned, yet you can still get into it to walk around to see the dried up fountains, and they still have the mall music playing in the background.  Disturbing to say the least.

The mall was originally developed by The Jacobs Group out of Cleveland.  So yeah, probably the same original owners.

  • 6 months later...

Quick update from this morning's paper:

 

In a related matter, Murphy said the city has received the tax abatement application from CBL & Associates, the owner of the Towne Mall.

 

CBL is seeking a 75-percent tax abatement over the next 10 years on real property improvements after demolition. According to the application, CBL will invest $4.7 million to renovate and to construct three outlots surrounding the mall. Construction is expected to begin in October.

 

Murphy said he is still expecting a job creation incentive grant application from CBL. If the grant is approved by Middletown City Council, it would provide CBL with a 50-percent reimbursement on new payroll taxes generated at the mall for the next 10 years. The mall would have to generate $1 million in new payroll and 25 new jobs as part of the grant agreement.

 

Murphy said he expects both applications to be considered by council at its Sept. 18 meeting.

 

  • 3 months later...

Bump. Any recent news on Towne Mall?

 

My wife and I checked it out last week. It's hanging on, but many small niche merchants like Walden Books have closed and are nowhere to be seen. We visited a pet supply shop that looked like someone bought up the stock of a flea market space and set up shop there. The mall and the stores have a very temporary feel to them, like everything is being rented week to week. It's pretty sad.

  • 3 months later...

From the Middletown Journal:

 

Dillard's at Towne Mall closing

Loss of an anchor store raises concerns about shopping center's future.

By Ed Richter, Daniel Wells

 

MIDDLETOWN — One of Middletown's longtime retailers will be closing its doors on or about June 1 due to underperformance.

 

Dillard's Department Store at the Towne Mall notified its approximately 100 employees of the decision on Tuesday, said Julie Bull, a spokeswoman at the company's Little Rock, Ark., headquarters.

 

http://www.middletownjournal.com/n/content/oh/story/news/business/2008/04/03/mj040308dillardsweb.html

^That is depressing on multiple levels.

Rumor has it Elder-Beerman will be gone by January 09.

 

I blame CBL.  They have ruined the mall with the inability to put forth a workable development solution.

  • 3 months later...

Was there last weekend.  It keeps getting worse.  Even the Dollar Store pulled out.  You know a mall is in trouble when that happens.

  • 5 months later...

From the Middletown Journal:

 

Is Towne Mall a grayfield?

By Jessica Heffner, Ed Richter

 

MIDDLETOWN — What is killing the Towne Mall?

 

The problem is difficult to diagnose, but by looking at other successful area malls, it's easy to see what owner CBL & Associates Properties Inc. is not doing.

 

According to a 2001 study by the nonprofit group Congress for the New Urbanism, if a mall has annual sales of $150 per square foot or less, it becomes a "grayfield."

 

A grayfield is a dying mall named for its sea of empty parking spaces.

 

CBL markets Towne Mall as having almost 455,000 square feet of gross leasing area. However, of that space, only 42 percent — 21 out of 51 stalls — is occupied.

 

http://www.middletownjournal.com/hp/content/oh/story/news/business/2009/01/11/mj011109townemallinside.html?imw=Y

Honestly, I think that the mall is too small to stay competitive. It would be a big draw for Monroe/Liberty Township, Lebanon/Turtlecreek Township, and Franklin/Carlisle/Springboro if they upped the square footage to about a million square feet or so and brought in about 5 or 6 anchor stores. They have room for expansion if they built where the 15-year old Meijer is located, of they could incorporate in into the mall a la Cincy Mills. I know that back when I lived in Liberty Township, I always went to Middletown over the Tylersville Road hell-hole, and it will honestly be very disheartening to see this mall die.

I don't know if this is even possible but, why doesn't Towne Mall just give free rent or cheap rent and at least the stores will pay there part of the utilities.  When the mall starts to fill up that is when people will return.  Have it written in the lease deals when the stores start making money they pay more rent.  When they get to a certain point in occupancy and income then they can update the mall and the city and county may be more willing to pitch in.  Just a thought

  • 5 months later...

Here's the response from the Middletown Journal on Towne Mall's making the list...

 

http://www.middletownjournal.com/news/middletown-business-news/is-the-towne-mall-endangered-185248.html

 

MIDDLETOWN — Middletown has made yet another infamous national list.

 

This time the city was dinged for being home to one of America’s Most Endangered Malls.

 

The Towne Mall, just off Ohio 122, was given that distinction in an article by Rick Newman, a blogger with U.S. News and World Report.

  • 1 year later...

From the Middletown Journal:

 

Hoods2.jpg

 

Founder wants car hoods added to outside of arts center

 

 

MIDDLETOWN — When the Pendleton Arts Center opens later this year, its founder, Jim Verdin wants it to get nationwide attention.

 

He plans to do that by adorning the new center on 7. N. Broad St. with about 200 brightly-colored car hoods, in a nod to the city’s steel-making heritage. An application for the project was submitted Monday, said Marty Kohler, the city’s planning director.

 

The project first must receive approval from the city’s Council of Landmark and Historic District, because the Pendleton is located in “architectural district.” Kohler said. That group may meet a week from Thursday.

 

The car hoods would be attached to the building around the windows above street level, according to a preliminary design for the project, which goes by the name “Arts Parts.” The hood would be obtained through Cohen Bros., Inc.

 

http://www.middletownjournal.com/news/middletown-news/founder-wants-car-hoods-added-to-outside-of-new-arts-center-998969.html

Craziness. My initial reaction is positive. It's an arts center, after all. And Middletown certainly could use something interesting going on.

 

Seeing a rendering of it in context would be nice, rather than that childlike drawing.

  • 4 years later...

New event venue to open in Middletown's historic district

 

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A new event center and art gallery will open its doors in Middletown later this month, and city officials are hoping the venue will be a boost for the historic downtown business district.

 

More below:

http://www.bizjournals.com/cincinnati/print-edition/2015/10/16/new-event-venue-to-open-in-middletowns-historic.html

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 11 months later...

Restaurant, retail project in works for former TV Middletown site

 

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Ami Vitori Kimener is turning a prominent corner in Middletown into a restaurant, entertainment and retail destination.

 

More below:

http://www.bizjournals.com/cincinnati/news/2016/10/13/restaurant-retail-project-in-works-for-former-tv.html

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 5 months later...

In Middletown, grassroots developers push to 'Save the Sorg'

 

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In downtown Middletown, a quiet effort continues: Make the Sorg sing again.

 

Since 2012, the Sorg Opera Revitalization Group — a registered 501©3 nonprofit — has been painstakingly working by hand to refurbish the four-story opera house. Last week, President Chuck Miller joined Jeff Johnson, Bob Melloh, and Sylvia McIntosh, who sit on the nonprofit's board of directors, in continuing their incremental work in the building.

 

More below:

http://www.bizjournals.com/dayton/news/2017/04/10/photos-in-middletown-grassroots-developers-push-to.html

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 2 months later...
  • 1 year later...

New master plan aims to establish 'path forward' for Middletown

 

For the first time in over a decade, the city of Middletown is developing a master plan that aims to establish a road map for community improvement in the years to come.

 

Over the last year and a half, city leaders have completed a housing study, a community visioning process and a downtown plan as part of a larger strategy. Documentation from these reports will soon be compiled into the city's master plan, which also includes a transportation study that will be conducted in the fall.

 

"We're tying all those pieces together into a master plan so that we have a path forward for the next decade or so," said Jennifer Ekey, the city's economic development director. "The last master plan we did was in 2005, so we are ready for an update."

 

More below:

https://www.bizjournals.com/dayton/news/2018/07/10/new-master-plan-aims-to-establish-path-forward-for.html

 

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"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

Middletown native leads city revitalization efforts with new hotel

 

20180622114639*750xx4032-2268-0-378.jpg

 

A Middletown businesswoman continues to lead the city’s revitalization path with her business’ incoming hotel.

 

Ami Vitori, a Middletown City Council member and fourth generation Middletonian, has owned Torchlight Pass since 2016.

 

The 38,000-square-foot, four-story building houses Gracie’s, a fine dining comfort food restaurant named after Vitori’s grandmother, and Haven yoga studio, both owned by Vitori. MC Hair Salon; The Studio at The Pass, a production studio formerly home to TV Middletown; and office spaces available for rent are also in Torchlight Pass.

 

To accommodate the lack of downtown hotel options, the space’s new addition is Indigo, a boutique hotel to be located on the top floor of the building. Construction has been in the works for a few months and will debut six rooms to start. The hotel is expected to be completed by the end of this year.

 

More below:

https://www.bizjournals.com/dayton/news/2018/07/10/middletown-native-leads-city-revitalization.html

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 2 months later...

Sorg Opera House close to reviving its original grandeur

 

sorg9923*750xx1800-1013-0-94.jpg

 

A teenage couple sat in the plush red seats of the Sorg Opera House, he in a suit and tie, she in a pretty rose-colored dress. They were on a date, and they listened attentively to an all-Bernstein show performed by the Sinfonia Chamber Brass conducted by Brian Buerkle.

 

The parent who had driven them in his pickup waited outside in the parking lot.

 

“That’s why we want to save these old theaters,” said Chuck Miller of Hamilton, who leads the Sorg Opera Revitalization Group (SORG). “They’re watching the Sinfonia perform Leonard Bernstein, and they’re in high school. To be able to step back into an era, with all the details, the glitz, the sight lines and the acoustics … I think it’s for the next generation to be able to come in and see this kind of stuff.”

 

More below:

https://www.bizjournals.com/cincinnati/news/2018/09/28/sorg-opera-house-close-to-reviving-its-original.html

 

sorg9950*1200xx1800-1013-0-94.jpg

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 9 months later...

Architect plans $4M restoration of Middletown's Carnegie library

 

A Cincinnati architect plans to restore and revitalize Middletown's historic Carnegie Library.

 

Dan Mayzum, whose company Architecture Renewal specializes in historic preservation work, hopes to transform the former Carnegie Library at 1320 First Ave., which dates back to 1913, into a mixed-use facility that would potentially house a brewery, restaurant, coworking space, and event venue.

 

Mayzum said construction began on the 16,500-square-foot building in 1911 after the city received a $25,000 grant from Andrew Carnegie. The library underwent an expansion in 1938 that added a second floor, and underwent a second addition in 1959 which brought the facility to its current size.

 

More below:

https://www.bizjournals.com/dayton/news/2019/07/09/architect-plans-4m-restoration-of-middletowns.html

 

carnegie-1*1200xx2016-1134-0-189.jpg

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

Renovations to historic Middletown tower begin

 

middletown*400xx2448-2448-0-0.jpg

 

The plans to renovate and restore an historic Middletown building are moving forward.

 

Construction recently began on the historic Goetz Tower at 1000 Central Ave. in downtown Middletown. Renovations to the long-vacant building, which dates back to 1929, were expected to begin last year, but were delayed by a damaging interior water leak during freezing winter temperatures, according to Middletown spokeswoman Shelby Quinlivan.

 

She said the effort to renovate the nearly 30,000-square-foot building began in 2014. Canton, Ohio-based Historic Developers, led by Steve Coon, will oversee the project to convert the first floor of the seven-story tower into commercial and office space. Coon could not be immediately reached for comment regarding the project.

 

More below:

https://www.bizjournals.com/dayton/news/2019/07/11/renovations-to-historic-middletown-tower-begin.html

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

Middletown opera house continues revitalization efforts

 

sorg-opera-house-pic-2*750xx1936-1089-0-

 

Revitalization efforts at a Middletown opera house have continued moving forward, most recently organizing a capital campaign and hosting a number of musical acts.

 

The Sorg Opera House, located at 63 S. Main St. in downtown Middletown, is aiming to raise another $6,000 to further its renovation efforts and partner with a Cincinnati-based company that will help assist in the Sorg Opera Revitalization Group's internal development. This new goal adds to the estimated $9 million to $10 million investment at the opera house.

 

Renovations have been led by former radio producer Chuck Miller, who now serves as the president of the nonprofit operating the opera house. Alongside Miller is Treasurer Ken Bowman and Secretary Denise Brodsky, in addition to a 10-person board of directors.

 

More below:

https://www.bizjournals.com/dayton/news/2019/07/12/middletown-opera-house-continues-revitalization.html

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

Middletown's new master plan anchored by housing, transportation upgrades

 

20180622114639*750xx4032-2268-0-378.jpg

 

Middletown is putting the finishing touches on a new master plan that aims to modernize the city for current and future generations.

 

The master plan is the first to be developed since 2005, and has been in the works for more than two years. Barring any unforeseen circumstances, city officials say the plan should be completed by the end of 2019.

 

"It's a very comprehensive plan to take Middletown, which has at times been looked at as an older legacy city, into the 21st century," said Middletown City Manager Doug Adkins. "We're examining what it will take to move us into the future."

 

The new master plan, which will establish a five- to 10-year roadmap for the city, is anchored by two main components: transportation and housing. In examining the city's post-recession priorities, Adkins said these areas represented the most pressing needs.

 

More below:

https://www.bizjournals.com/dayton/news/2019/07/15/middletowns-new-master-plan-anchored-by-housing.html

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 1 year later...

Dayton-area city meets growing housing demands with new lofts project

 

To meet growing housing demands locally, one Dayton-area developer is moving forward with a new loft-style apartment project.

 

The Parrot Loft Apartments and Retail development is gaining traction after receiving approval from the city of Middletown. The development, located at 1044 Central Ave. in downtown Middletown, will feature two 1,200 square-foot bedroom units, along with retail space on the main floor. So far, it has one tenant operating in the building — Jackson Lane Design, an interior design business.

 

Leading the development is MHL Developers, who's collaborating with Downtown Middletown Inc. to "deliver a property supportive of the downtown vision regarding the rebound underway," according to Owner Kevin Kimener. Each of the apartments will feature one and a half baths, along with a private entrance and parking. The developer is also working with the local YMCA location and Forest Hills Golf Club to incorporate memberships for tenants.

 

More below:

https://www.bizjournals.com/dayton/news/2020/12/07/dayton-area-city-gains-new-housing-development.html

 

parrot-lofts-middletown*1200xx1280-720-0

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

Middletown shopping mall poised for mixed-use redevelopment

 

The city of Middletown has established a public-private partnership to redevelop an increasingly vacant shopping mall into a new mixed-use complex.

 

Towne Mall Galleria, located just off Interstate 75 at 3461 Towne Blvd., sits on a 31-acre site that city officials describe as "some of the best-located land between Cincinnati and Dayton." Once a popular shopping destination, the mall has seen a stark decline in recent years.

 

Several of the Towne Mall's anchor tenants, including big-box retailers Sears and Elder-Beerman, closed in recent years, as have a variety of other tenants located within the shopping center. While other businesses have opened in the interim, city officials said it became clear the mall was not likely to survive in its current form.

 

"Towne Mall Galleria, like so many of these traditional urban malls in middle-market communities, have been declining or sort of decaying over the last decade," Middletown City Manager Jim Palenick said. "They're losing occupants and losing retailers to the point where, over the last few years, there's very few traditional tenants left. We recognized these traditional malls are simply gone and behind us, and that the way we do destination retail is going to change."

 

More below:

https://www.bizjournals.com/dayton/news/2020/12/09/middletown-community-spotlight-towne-mall-galleria.html

 

middletownmall-750*1200xx750-423-0-138.j

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

$40 million Middletown hotel restoration, brewery lands state tax credit

 

The long-planned redevelopment of a historic hotel in Greater Cincinnati has been awarded a state historic tax credit to bolster the project.

 

More below:

https://www.bizjournals.com/cincinnati/news/2020/12/17/40-million-greater-cincinnati-hotel-restoration.html

 

2176658051ad32e63aeb*1200xx1024-575-0-26

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 4 months later...

Here's a first look at plans for the Towne Mall redevelopment in Middletown

 

New details are emerging about a massive project that would convert a local mall into a mixed-use development anchored by housing, entertainment and recreation.

 

More below:

https://www.bizjournals.com/dayton/news/2021/04/20/towne-mall-galleria-redevelopment.html

 

screen-shot-2021-04-20-at-43310-pm*1200x

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 2 months later...

New outdoor venue with amphitheater, dog park planned for downtown Middletown

 

The owners of a Middletown distillery are making plans to transform a vacant lot into an outdoor recreation and entertainment venue.

 

Mike and Debbie Dranschak, owners of White Dog Distilling Co. at 1357 Central Ave. in downtown Middletown, have earned preliminary approval to convert an adjacent property into a public dog park and amphitheater, as well as space for outdoor games and food trucks. The lot was previously owned by the city, which agreed to sell the lot to White Dog at a recent council meeting.

 

"Mike and Debbie Dranschak are great Middletown community partners and we are excited to move forward on this public-private partnership," Middletown Economic Development Director Chris Xeil Lyons said. “This expansion will create new outdoor amenities that are missing from our historic downtown.”

 

More below:

https://www.bizjournals.com/dayton/news/2021/07/13/white-dog-distilling-outdoor-venue.html

 

screen-shot-2021-07-08-at-14200-pm*1200x

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

^Looks to be inspired by the Hub on Main project currently under construction in Hamilton. 

  • 5 months later...

Middletown bolsters housing stock with hundreds of new units

 

Middletown is bolstering its housing stock with hundreds of new apartment units and single-family homes concentrated mainly in the eastern portion of the city, as well as downtown and the areas immediately adjacent to the city core. Collectively, these projects represent over $100 million in investment.

 

A recent housing study commissioned by the city — the first of its kind since 2017 — found Middletown's stock of market-rate, multi-family housing is more than 2,000 units short based on current demand. With this data in hand, Middletown City Council recently approved two projects to help meet this demand.

 

More below:

https://www.bizjournals.com/dayton/news/2021/12/21/middletown-community-spotlight-housing-update.html

 

dsc4383*1024xx3562-2004-0-0.jpg

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 3 weeks later...

Middletown works to acquire former AK Steel property for redevelopment

 

The city of Middletown is taking steps to acquire the former AK Steel Research and Innovation Center, a major piece in the redevelopment of the Ohio 4 corridor, the Journal-News reports.

 

Middletown City Council voted unanimously Tuesday night to transfer $47,250 to the Middletown Port Authority to allow it to hire a professional environmental agent to work with the city, the port authority and Cleveland Cliffs, formerly AK Steel, to reduce the liability of the 24-acre property.

 

Because this project has been considered for funding within the American Rescue Plan Act budget, the city would then transfer $47,250 from the ARPA fund as “revenue replacement” consistent with federal guidelines.

 

More below:

https://www.bizjournals.com/dayton/news/2022/01/11/middletown-works-to-acquire-former-ak-steel-proper.html

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"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 3 months later...

Middletown mall redevelopment earns $1M grant

 

The redevelopment of a former Dayton-area mall received a boost this week with the approval of a state grant that will be used to help fund the project.

 

The Warren County Port Authority received $1 million in funding to help redevelop the former Towne Mall Galleria in Middletown. Funds will be used to remediate or demolish vacant sites and help prepare redevelopment of the site, which will be known as the "Middletown Multi-Purpose Entertainment Venue." The project also has been dubbed the "Middletown Entertainment and Sports Venue."

 

The goal of this project is to transform the former mall into a "super-regional destination" featuring a 3,500-seat spectator venue with smaller entertainment space on the second floor. The Dayton Business Journal previously reported the project will include an indoor go-kart track, an ice hockey rink and market-rate apartments. Other features could also include a hotel, restaurants and office space.

 

More below:

https://www.bizjournals.com/dayton/news/2022/04/28/towne-mall-grant.html

 

screen-shot-2021-04-20-at-43310-pm*1200x

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 1 month later...

Two local projects, including a $74M downtown Dayton redevelopment, receive state tax credits

 

Two local projects, including a massive undertaking in downtown Dayton, received a boost Wednesday with the award of state tax credits.

 

The Middletown Building and Deposit Association and the United Brethren building — also known as the Centre City building — in Dayton landed Ohio Historic Preservation Tax Credit awards during Round 28 of the biannual program. The United Brethren project received $5 million, and the Middletown building garnered nearly $712,000.

...

A former bank and office tower, the Middletown Building and Deposit Association — also known as Goetz Tower — is set for a $7.2 million redevelopment project. Once complete, the building will hold 21 apartments on floors two through seven, with office space on the first floor.

 

More below:

https://www.bizjournals.com/dayton/news/2022/06/22/ohio-historic-preservation-tax-credit-awards.html

 

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Former bank building in downtown Middletown planned for $7.2M redevelopment

 

A prominent building in downtown Middletown is one step closer to redevelopment as a new apartment complex with first-floor office space.

 

The Middletown Building & Deposit Association project received nearly $712,00 in Ohio Historic Preservation Tax Credits on Wednesday. It was one of two local projects to garner much-needed funding to support redevelopment of the historic buildings.

 

The proposal is to rehabilitate the vacant high-rise in downtown Middletown, and then convert it into 21 market-rate apartments with an office tenant in the former bank hall on the first floor. The project, which represents a $7.2 million investment, would create 11 permanent jobs and 40 construction jobs.

 

"Introducing new residents and employees to the heart of the city will bring new vibrancy to the downtown and support development of additional services, which will in turn attract more new residents and businesses," stated the project's applicants — Ohio companies Coon Restoration and Sandvick Architects. "Returning this significant historic building to productive use will therefore continue to catalyze additional development and economic impact for years to come."

 

More below:

https://www.bizjournals.com/dayton/news/2022/06/23/middletown-building-deposit-association.html

 

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  • 9 months later...

Massive $200 million mixed-use development planned for Middletown

 

A $200 million mixed-use project, backed by a major developer, has been sectioned as planned development in Warren County. Upon completion, the development aims to spur continued investment interest in surrounding areas.

 

The city of Middletown has rezoned 50.8 acres at the Southeast corner of State Route 122 and Union Road to planned development in anticipation of a district with more than 690,000 square feet of new development. The development, owned by Fischer Family Foundation and the city, hopes to provide a “one of a kind” quality of life and economic development benefits to the entire region.

 

"The goal of the development is to create a sustainable, Class A, mixed-use, regional asset that benefits the residents of the city of Middletown, Warren County and all Southwest Ohio,” said Todd Duplain, principal at Woodard Development who is the project developer.

 

More below:

https://www.bizjournals.com/dayton/news/2023/03/27/massive-200-million-mixed-use-development-planned.html

 

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