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  • ColDayMan
    ColDayMan

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PNC confirmed as anchor tenant for Water Street

 

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PNC Bank has officially confirmed it plans to anchor the new $33.5 million Water Street development project downtown.

 

The bank signed on as the anchor tenant for the 50,000-square-foot office building portion of the riverfront development. PNC will occupy the top two floors of the four-story building. Groundbreaking on Water Street is expected within 30 days, the city said in a news release.

 

More below:

http://www.bizjournals.com/dayton/news/2014/01/30/pnc-confirmed-as-anchor-tenant-for.html

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

I like the aesthetics of this development a lot better with the new renderings. Thanks for the updates ColDayMan!

  • 1 month later...

More housing at $34M downtown Dayton project

 

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The plan for the Water Street development in downtown Dayton is now calling for more housing than originally projected.

 

Columbus-based Crawford Hoying, which is co-developing the $33.5 million, five-acre mixed-use site northeast of the city’s core, says the plan for the development now calls for 191 apartment units, up from 150 in its initial inception. Among those will be 16 studio units, 108 one-bedroom units, 61 two-bedroom units, and six two-bedroom townhomes, arrayed across two four-story residential buildings. Dayton-based Woodard Real Estate Resources is the other co-developer.

 

More below:

http://www.bizjournals.com/dayton/blog/morning_call/2014/03/more-housing-at-34m-downtown-dayton-project.html

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

This is a miniature version of The Banks in Cincinnati, and I think it will ultimately be a really good draw for residents and for small retail in downtown. Too bad the southern part of downtown is neglected.

^ One step at a time....

 

Right now though, the Student Suites project for Sinclair at Fourth and Ludlow is in southern downtown. As will the Centre City residential conversion if/when it happens. Overall, progress is still slow compared to the 3C's, but it is light years faster than it even was in 2010. And at least it feels like there is hope now (no more years like 2006-2008 please)....

 

 

But yeah, southern downtown could use a push. I'm hoping Sinclair does go through with their plans to open up their campus more and foster a district around Fourth and Ludlow, that alone will do wonders

I love to see urban Dayton getting some big projects! So much of the development you hear in the Dayton region is way far out in the burbs...so much so that it feels like Downtown Dayton is kind of losing its relevancy.  Daytonians...would you agree with this? When you look at a map of the urbanized area of Dayton, it's a much larger area than the population would reflect, imo.  It has sprawl that rivals Cincinnati's despite having less than half of the metro population.  The success of the UD area, Downtown Dayton, and the Oregon District (anything new popping off there?) are really encouraging signs that the reurbanization movement is alive and well in Dayton!

Downtown Dayton lost its relevancy back in 2000 when it lost so many corporations to other states and/or the suburbs.  But...it is now focusing on new housing, retail, grocery store, bikeshare, etc to attract people back in the core, and thus, jobs would come to where people want to be.  The core neighborhoods around downtown have always been fine; it's downtown's turn.

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

I love to see urban Dayton getting some big projects! So much of the development you hear in the Dayton region is way far out in the burbs...so much so that it feels like Downtown Dayton is kind of losing its relevancy.  Daytonians...would you agree with this? When you look at a map of the urbanized area of Dayton, it's a much larger area than the population would reflect, imo.  It has sprawl that rivals Cincinnati's despite having less than half of the metro population.  The success of the UD area, Downtown Dayton, and the Oregon District (anything new popping off there?) are really encouraging signs that the reurbanization movement is alive and well in Dayton!

 

In my opinion, you are correct on every point. Although I would argue downtown Dayton in general has lost its relevancy, and is currently making a lot of decent strides to get it back.

 

I'd say Dayton is a lot more suburbanized for a variety of reasons

1.  Flat topography - makes building farther and farther out a cheap and easy option

2.  Heritage - we are an auto-centric town filled with a lot of machinists, military people, and engineers. Common thread? Love of machines and driving

3.  Composition - if you take a count of Dayton's suburbs, over 2/3 of them have a historic small-town core. So people very easily identify with the town connected to their home address (like Miamisburg, Tipp City, or Bellbrook) rather than Dayton as a whole.

 

 

The Dayton metro is around a solid 1 million people, assuming we are allowed to have Springboro/Franklin/Carlisle/Middletown (normally those are grouped into the Cincy CSA, but that's not a fun conversation). So to those that look at the population within city limits (around 140,000) and use that as their benchmark to judge the metro size, they will be surprised to find Dayton itself is only about 14% of the metro population. The flipside of this is large swaths of the city (like a lot of areas in the west side) are highly underutilized.

  • 1 month later...

Downtown Dayton’s Water Street adds more apartment units, groundbreaking set

 

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Developers of the Water Street district in downtown Dayton are upping the number of residential units in the first phase of the project again.

 

The $33.5 million project will now have 219 residential units in its buildings, and the residential complex will break ground in the first week of July, said Brent Crawford, president of Columbus-based Crawford Hoying, which is developing the site along with Dayton-based Woodard Real Estate Resources.

 

More below:

http://www.bizjournals.com/dayton/news/2014/05/13/downtown-dayton-s-water-street-adds-more-apartment.html

"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...

I visited Dayton for the first time today and took these pictures. I guess this must by the new PNC building.

 

^Must be. Glad you made it to Dayton.

Thanks!

"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...

Very cool..that art garden cleaned up could be awesome! They should work to incorporate that with the project or another area.

Thanks weatherphotographer!

 

And yeah, will be very interesting to see what happens here. It's prime real estate, couldn't get a much better location (aside from Water St. or Deeds Park IMO) in the city.

The Garden Station is... tacky.

 

This is the location of the development: http://goo.gl/maps/Ubwxs

  • 4 weeks later...

Quick update - construction of the office building at Water St is progressing nicely, and last time I was through the skeleton was done and brickwork on the outside was in progress.

 

Also, Crawford Hoying is exercising their option to purchase the 250k sq. ft. Mendelsons Building across the street (and right by 5/3 field):

http://www.bizjournals.com/dayton/news/2014/10/23/exclusive-downtown-dayton-building-sold-to.html

 

I'm assuming this is a sign that there has been a lot of interest in Water St. Looking forward to seeing their plans here!

^Indeed.

 

Exclusive: Downtown Dayton building sold to developer of Water Street

 

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The developer for the Water Street project that's revamping downtown Dayton's riverfront just purchased a historical building next to the project.

 

Crawford Hoying, the Columbus-based developer that partnered with local developer Jason Woodard on the residential, office and retail development currently under construction along the river, purchased the former Delco building at 329 E. First St., said Brent Crawford, president of Crawford Hoying. The building is next to Fifth Third Field, the home of the Dayton Dragons, and the top of the property offers a view into the ballpark.

 

More below:

http://www.bizjournals.com/dayton/news/2014/10/23/exclusive-downtown-dayton-building-sold-to.html

"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...

Dayton to borrow $6M to pay for Water Street garage

 

The city of Dayton is moving forward with the financing to pay for the new downtown garage for Water Street.

 

Commission approved Wednesday a bond purchase agreement borrow $6 million from the Ohio State Transportation Infrastructure GRF Bond Fund Program. Of that, $2.5 million comes through State Loan proceeds and $3.5 million from State Infrastructure Bank Bond Program proceeds. The funding will help pay for the acquisition and construction that supports the three-story 429-space garage that will serve the Water Street development.

 

More below:

http://www.bizjournals.com/dayton/news/2014/11/12/dayton-to-borrow-6m-to-pay-for-water-street-garage.html

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

  • 2 weeks later...

Great graphic, thanks for posting it!

 

It will be awesome to see these changes happen.

Glad to see all that development going on.

  • 3 weeks later...

Group looks to open beer garden next to ballpark

 

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A group of developers and restaurateurs are working on a new outdoor eatery concept for the ballpark area.

 

David Klass, a local residential real estate developer; Dan Apolito, owner of Archer's Tavern in Centerville; local chef Jeff Aylor; and David Brixey of Miamisburg accounting firm Brixey & Meyer, are working together to try to open The Biergarten, an American version of a modern Bavarian beer garden.

 

More below:

http://www.bizjournals.com/dayton/news/2014/12/11/group-looks-to-open-beer-garden-next-to-ballpark.html

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

Its like a German Dublin Pub.

 

It reminds me of a larger version of a UDF in Clifton.

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

^Architecturally, yes. It does look like an old Standard Gas station.

  • 3 months later...

Dayton to buy land for major downtown development

 

The city of Dayton has approved the purchase of land for the Water Street development.

 

City commission approved Wednesday morning the appropriation of a parcel of land next to the Water Street development under construction downtown. The plot of land will be used to reopen the closed River Corridor Drive, which will be renamed Water Street, to serve the $45 million mixed-use development.

 

More below:

http://www.bizjournals.com/dayton/news/2015/03/11/dayton-to-buy-land-for-majordowntown-development.html

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

One new shot of the PNC Building

 

Water Street apartments to break ground Thursday

 

Construction will begin Thursday on hundreds of residential units coming to downtown's new Water Street district.

 

The city announced the next phase of the project will commence with a groundbreaking Thursday at 11 a.m.

 

More below:

http://www.bizjournals.com/dayton/news/2015/03/18/water-street-apartments-to-break-ground-thursday.html

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

Wow, 219 apartments is a big deal!

  • 3 months later...

Massive downtown Dayton project may include hotel

 

With the recent $3.2 million historic tax credit award the Delco Building just received, the Water Street project in downtown Dayton just got a big stamp of approval from the state. The historic building's renovation will add variety and authenticity to the project, which is already boosting activity around the ballpark and promises to reshape the area when it is complete.

 

The project already has 219 apartments and townhomes underway along Dayton's riverfront, and the Delco Building will add another 129 residential units.

 

Jason Woodard, the Dayton-based developer of the project, shared an update on the rest of the project.

 

More below:

http://www.bizjournals.com/dayton/news/2015/07/09/massive-downtown-dayton-project-may-include-hotel.html

"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...

Exclusive: Law firm to open office in downtown Dayton

 

A law firm is setting up a new office in the Water Street district in downtown Dayton.

 

Bricker & Eckler LLP says it has signed a lease for 6,500 square feet to open a new Dayton office in the $45 million Water Street district downtown.

 

The location will be the fifth Ohio office for the firm, which has 140 attorneys. The company has until now managed southwest Ohio with an office in West Chester.

 

More below:

http://www.bizjournals.com/dayton/news/2015/08/19/exclusive-law-firm-to-open-office-in-downtown.html

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

New office building to be built in downtown Dayton

 

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The developers of downtown’s new Water Street district plan a second office building at the growing $70 million riverfront site that would launch phase two of the development. The development also may be nearing signing a restaurant for the first office building.

 

Jason Woodard, principal at Woodard Real Estate Resources, tells me his company, along with Columbus-based partner Crawford Hoying, will build a three-story, 60,000-square-foot office building at the northwest intersection of Webster and Monument streets downtown, as a new expansion of the Water Street development.

 

More below:

http://www.bizjournals.com/dayton/news/2015/08/26/exclusive-new-office-building-to-be-built-in.html

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

Residential units at downtown Dayton's Water Street almost sold-out

 

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The $70 million Water Street project downtown has seen its first round of residential units snapped up very quickly.

 

Jason Woodard of Woodard Real Estate Resources, who is co-developing the mixed use project downtown, says by the end of Friday he expects that all but one of the first 24 residential units to be ready will be leased. Those are expected to be ready by the end of September.

 

"That's just based on the drawings and floor plans, without seeing a model," Woodard said. "The response has been tremendous."

 

More below:

http://www.bizjournals.com/dayton/news/2015/08/28/residential-units-at-downtown-daytons-water-street.html

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

  • 4 weeks later...

Developer plans $2M project at old downtown Dayton plant

 

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An old downtown plant will be converted into office space under plans from a local developer.

 

Dayton City Commission approved Wednesday morning a plan to sell the former Dayton Power & Light steam plant building at 617 East Third Street to Kettering-based St. Peter Partners LLC, as well as provide them a $90,000 grant toward the cost of site improvements.

 

More below:

http://www.bizjournals.com/dayton/news/2015/09/23/developer-plans-2m-project-at-old-downtown.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...

Old downtown Dayton plant gets $700K grant for rehab project

 

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Developers planning to rehabilitate the former Dayton Power & Light steam plant into offices were granted $687,500 in historic tax credits today for the project.

 

Construction on the 617 E. Third St. building is expected to start within the next month and finish by the fall, said property owner John Riazzi.

 

More below:

http://www.bizjournals.com/dayton/news/2015/12/16/old-downtown-daytonplant-gets-700k-grant-for-rehab.html

"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...

Seven-story hotel proposed for downtown Dayton

 

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The developers of the Water Street district are close to a deal for a new seven-story, 115-room hotel.

 

Jason Woodard, of Woodard Real Estate Resources, said Marriott has awarded a Fairfield Inn and Suites franchise for the downtown mixed-use district under construction. The hotel will be on the northeast corner of Monument Avenue and Patterson Boulevard, immediately south of the 50,800-square-foot office building completed there last year.

 

More below:

http://www.bizjournals.com/dayton/news/2016/01/28/seven-story-hotel-proposed-for-downtown-dayton.html

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

New hotel points to potential for downtown Dayton

 

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Downtown is on track to get a new hotel, which is a strong sign of confidence the core is growing, experts say.

 

Word of a new hotel for downtown is just one of several major projects proposed for the core in the past week, on top of new movements at the Dayton Arcade and the proposed MidTown project at the Montgomery County Fairgrounds. But concrete news that Marriott awarded a franchise to Dayton's core is a sign of confidence in the market, experts say.

 

More below:

http://www.bizjournals.com/dayton/news/2016/02/02/new-hotel-points-to-potential-for-downtown-dayton.html

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

New direction for Water Street developer

 

pic-woodard-jason-web*750xx3740-2104-2-0.jpg

 

The local developer behind the Water Street district project is adding a new principal amid a re-branding.

 

Jason Woodard's Woodard Real Estate Resources — which, with Columbus-based Crawford Hoying is designing and building at least $70 million at the Water Street district in downtown Dayton — has been re-branded as Woodard Development.

 

More below:

http://www.bizjournals.com/dayton/news/2016/02/04/new-direction-for-water-street-developer.html

"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...

What's next for Tech Town?

 

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With four new tenants already in 2016, CityWide Development Corp. wants to capitalize on the growth of Tech Town.

 

The downtown Dayton technology-focused business park has 40 businesses and about 400 people working in three buildings, said Steve Budd, president of CityWide, which oversees Tech Town. Steve Nutt, senior vice president at CityWide, said buildings two and three are at 80 percent capacity, with some breathing room for employers if they want to expand.

 

More below:

http://www.bizjournals.com/dayton/news/2016/02/19/whats-next-for-downtown-daytons-tech-town.html

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

I'm wondering if they will let residential and entertainment uses be part of the next phase of Tech Town. The location is good, and I can see people going for apartments & condos along the Mad River, possibly with a nice roofdeck for immersion in the city.

It would make sense.

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

First look at the Brownstones at 2nd in downtown Dayton

 

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Progress is continuing at one of Charles Simms Development's latest downtown Dayton projects.

 

I met with Charlie Simms and Robi Simms Tuesday afternoon and took a look at their new Brownstones at 2nd model unit, which just opened for viewing at the condo development at the intersection of Sears and Second streets.

 

More below:

http://www.bizjournals.com/dayton/news/2016/02/23/first-look-at-the-brownstones-at-2nd-in-downtown.html

"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...
  • 3 weeks later...

Brewery planning second location in Dayton

 

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A local brewery is planning a second location at the growing Water Street District, in downtown Dayton.

 

Lock 27 Brewing, in Centerville, is aiming to open its second brewery and gastropub in April of 2017 on two floors of the Delco Building, which neighbors Fifth Third Field.

 

More below:

http://www.bizjournals.com/dayton/blog/morning_call/2016/04/brewery-planning-second-location-in-dayton.html

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

  • 2 weeks later...

Downtown Dayton's newest hotel at Water Street

 

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Dayton officials got a look Tuesday night at the first new hotel in decades which is in the works downtown.

 

The city plan board saw the first site plans for the seven-story, 115-room Fairfield Inn & Suites in the works for the Water Street District. The hotel will be the tallest feature for the district, which has other projects that total $70 million.

 

More below:

http://www.bizjournals.com/dayton/news/2016/05/10/first-look-downtowns-newest-hotel-at-water-street.html

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

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