March 13, 201015 yr ^ the Arcade still might get torn down, but it will be awhile before that happens. Where do you get the impression that they want to move closer to UD/DDN? They'd almost have to build a new building since I don't think there are any buildings that would suit them in that area. They would build new. I heard this from Leon Bey since Leon has inside intel though his being a retired librarian. This was being discussed by members of the board, but nothing official. Just something they were thinking about.
March 14, 201015 yr Thanks for the clarification. Makes one wonder how to become a member of the board.
March 18, 201015 yr Arcade owner wants $5 million commitment from Dayton By Joanne Huist Smith, Staff Writer Updated 6:25 AM Thursday, March 18, 2010 DAYTON — The owner of Dayton’s historic downtown arcade wants a financial commitment from the community to aid in the $38 million restoration project. “What we are trying to do here is for the people of Dayton,” said Gunther Berg, who bought the arcade in March 2009. “One of our investors wants a $5 million commitment from Dayton, in writing.” Berg’s time frame calls for the five-building complex to be open by December 2012. This assumes a financial commitment by all parties by July 2010, he said. more: http://www.daytondailynews.com/news/dayton-news/arcade-owner-wants-5-million-commitment-from-dayton-605518.html
March 18, 201015 yr ROFTL! I wonder if Leon Bey could pull a hat-trick and get a community fundraiser to raise the cash. Seems like a good thing the DMM/Creative Catalyst community could start cheerleading.
March 19, 201015 yr Seems like a good thing the DMM/Creative Catalyst community could start cheerleading ...maybe its something people like Raj Soi and Clay Mathile could help fund. The local power structure contributes thousands to GOP candidates, maybe they can do something constructive with that money.
March 19, 201015 yr The article says one of the out-of-town investors wants that $5M local committment on condition of his particpation. This is a reasonable expectation. The article says the estimate is $38M. This is a little over 13% of the estimate.
March 19, 201015 yr To compare, $5M is $1.7M in 1979 dollars. In 1979 the city contributed $1.6M ($800K loan and $800K general fund grant) to the first renovation project, and County Corp contributed $1M. That was the extent of local funds. A private limited partnership contributed $2.9M and two local banks contributed $2.0M The total project was $17.7M in 1979 dollars. In 2009/2010 dollars it would have been $51.6M (for a job that didn't renovate the entire building)
March 21, 201015 yr Seems like a good thing the DMM/Creative Catalyst community could start cheerleading ...maybe its something people like Raj Soi and Clay Mathile could help fund. The local power structure contributes thousands to GOP candidates, maybe they can do something constructive with that money. That's where Gary comes in perhaps? Too bad Dayton has lost its moneyed elites who could swoop in and save the day a la Louise Nippert or John Patterson. Preservation/Restoration usually makes little sense to the short-term bottom line so someone has to sacrifice for the good of the long-term. Do you think Raj or Clay care that much about the Arcade? Dayton needs something like 3CDC and supposedly that's part of the GDDP. We'll see if all the rungs of the socioeconomic ladder come back to Dayton with this new push by Ervin & Co. called the GDDP.
November 21, 201212 yr ploddy plod plodding along..... 'Nuisance’ Arcade costing taxpayers Windows in 1 of 5 buildings pose danger because glazing is failing. “I feel extremely bad about the windows, but I think someone is trying to take advantage of us,” said Berg, referring to the city’s glazing estimate. “If the city contacts us and tells us we have to glaze the windows, we will do it, but not for $120,000." Records obtained by the Dayton Daily News show the city’s Department of Building Services sent Berg letters on May 5 and Aug. 31, regarding the windows. http://www.daytondailynews.com/news/news/nuisance-arcade-costing-taxpayers/nTB8c/
October 4, 201410 yr I can't believe this building hasn't been redeveloped yet, it is so amazing and seems like it would be a slam dunk for historic tax credits and be a symbolic turn for downtown Dayton. Dayton Arcade once bustled with activity (Photos) Oct 3, 2014, 1:13pm EDT Before it shut down, the Dayton Arcade was one of downtown's biggest attractions Olivia Barrow Senior Reporter- Dayton Business Journal The Dayton Arcade was once the center of activity in downtown Dayton. But since it closed abruptly more than two decades ago, it has been decaying. The DBJ recently got a tour of the building in its present state, which is a far cry from how it stood in the 80s. http://www.bizjournals.com/dayton/news/2014/10/03/dayton-arcade-once-bustled-with-activity-photos.html
October 4, 201410 yr Thanks for posting this! Those shots are amazing. Makes me realize the building is in rough shape, but not visually awful at least. No apparent structural issues, but there's only so much pictures can show. What's going against the Arcade is it's awkwardness. Can't easily convert it to residential, aside from the Merchant building. Office vacancy rates are still about 30% downtown, so no need there. Only hope I see is institutional, like an aquarium or a historical museum. The library would have been nice to see go there, but I can also see why it did not. So at the end of the day, what's really needed is an end use and a levy to support it, like what's being done with Union Terminal in Hamilton Co. Hoping for the best!
June 1, 201510 yr A #Cleveland team is helping devise a plan to restore a beloved complex in Dayton. http://www.bizjournals.com/dayton/news/2015/06/01/the-arcade-isnt-too-far-gone-report-says.html "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
September 22, 20159 yr City to greenlight $700K in Dayton Arcade repairs The city of Dayton is authorizing a $700,000 project for emergency repairs at the vacant Dayton Arcade building downtown. Dayton City Commission is expected to vote Wednesday to award a contract to Miller Valentine Group's commercial construction division for "repairs to various roof and building envelopes of the Dayton Arcade Block." The project is expected to cost $700,000. More below: http://www.bizjournals.com/dayton/news/2015/09/21/city-to-greenlight-700k-in-dayton-arcade-repairs.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
September 24, 20159 yr Developer eyes conversion of Dayton Arcade As they green-lit about $700,000 in work at the Dayton Arcade site, officials said an un-named developer has shown interest in converting the Dayton Arcade. Dayton City Commission approved a contract with Miller-Valentine Group Wednesday morning that will see $700,000 in emergency roof repairs at the Dayton Arcade complex downtown, which officials say will stave off serious deterioration of the building. The project had to be expedited to get to work as soon as possible, so Miller-Valentine took the project without a bidding process, said Steve Petitjean, a senior vice president at Fifth Third Bank who is co-chairing the Arcade Task Force convened by Mayor Nan Whaley. More below: http://www.bizjournals.com/dayton/news/2015/09/23/developer-eyes-conversion-of-dayton-arcade.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
October 22, 20159 yr City to hold virtual Dayton Arcade tour The city of Dayton will host a virtual tour Friday of the Dayton Arcade. The online tours of the 111-year old complex will include a look inside the historic building and details of the city’s plans to invest $700,000 into the building. More below: http://www.bizjournals.com/dayton/blog/morning_call/2015/10/city-to-hold-virtual-dayton-arcade-tour.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
January 28, 20169 yr :clap: Dayton inks deal for possible Arcade redevelopment The redevelopment of one of downtown Dayton’s most iconic structures just took a step forward. The city of Dayton has signed a memorandum of understanding with Baltimore-based Cross Street Partners and Dayton-based Miller-Valentine Group to begin redevelopment efforts for the Dayton Arcade. ... “Dayton is not unlike many cities that basically have a stock of beautiful and historic buildings that are sitting empty and deteriorating,” said Ed Blake, CEO of commercial for Miller-Valentine. “Once this project is completed, we hope the Arcade will serve as blueprint for other redevelopment ideas.” More below: http://www.bizjournals.com/dayton/news/2016/01/28/dayton-inks-deal-for-possible-arcade-redevelopment.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
June 3, 20169 yr Dayton Arcade effort moving forward The effort to redevelop the Dayton Arcade is moving forward, with renderings released of what the downtown complex could be. Dave Williams, Miller-Valentine Group's vice president of urban development, said the company plans to seek affordable housing tax credits and want to attract creatives and artists into apartments built as the anchor of the proposed mixed-use project. More below (with more renderings): http://www.bizjournals.com/dayton/news/2016/06/03/dayton-arcade-effort-moving-forward.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
June 3, 20169 yr Really, really looking forward to seeing this move forward. Mostly because I'm selfish and want to take pictures inside :evil: but seriously, incredible buildings like this don't deserve to be left inactive for so long. “To an Ohio resident - wherever he lives - some other part of his state seems unreal.”
June 15, 20168 yr Dayton Arcade granted $20 million in housing tax credits The Dayton Arcade redevelopment project was granted massive housing tax credits, showing the project taking a large step forward. On Wednesday, Miller-Valentine Group was granted$10 million — $1 million in annual tax credits over 10 years — from the Ohio Housing Finance Agency toward affordable housing geared toward artists, as part of the planned mixed-use redevelopment project at the historic downtown arcade. More below: http://www.bizjournals.com/dayton/news/2016/06/15/dayton-arcade-granted-housing-tax-credits.html “To an Ohio resident - wherever he lives - some other part of his state seems unreal.”
June 16, 20168 yr Dayton Arcade project already further than past efforts The latest effort to redevelop the historic Dayton Arcade still has a ways to go, but by getting approved for $20 million in state housing tax credits, the project has already moved further than other past redevelopment projects. Dayton-based Miller-Valentine Group and Baltimore-based Cross Street Partners are planning a mixed-use development project at the site of the iconic downtown Dayton Arcade. The project was granted $20 million in state housing tax credits, to be granted across a 10-year span. More below: http://www.bizjournals.com/dayton/news/2016/06/15/dayton-arcade-project-already-further-than-past.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
November 16, 20168 yr New details of $70M downtown Dayton Arcade project revealed More details of the $70 million renovation project of the Dayton Arcade were shared Tuesday morning, as the project to revive the downtown Dayton icon moves forward. The planned mixed-use redevelopment project at the historic downtown arcade is being led by developers at Dayton-based Miller-Valentine Group and Baltimore-based Cross Street Partners. More below: http://www.bizjournals.com/dayton/news/2016/11/15/new-details-of-70m-downtown-dayton-arcade-project.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
November 22, 20168 yr Miller-Valentine's Dave Williams talks Dayton Arcade progress When talking about the Dayton Arcade, Dave Williams frequently calls it the "most emotional building in Dayton." "Whenever you talk to someone about it, they'll always tell you their story," said Williams, vice president of urban development with Miller-Valentine Group, who is working on a $70 million proposal to revitalize the downtown complex centering around the historical arcade. More below: http://www.bizjournals.com/dayton/news/video/2016/11/miller-valentines-dave-williams-talks-dayton.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
November 28, 20168 yr Dayton Arcade planners eye $4M incubator, co-working space About $4 million could go into renovating almost 50,000 square feet of the Dayton Arcade as an engine for new startups. Some form of "co-sharing" space has been a prominent part of plans for the Arcade as it is revived, but the proposal was elaborated upon in a request for public funds for the Arcade project. More than $2 million could be invested in a co-share space in the iconic main building of the Arcade, with another $1.1 million for a restaurant incubator and $800,000 as a basement "makers' space." More below: http://www.bizjournals.com/dayton/news/2016/11/28/dayton-arcade-planners-eye-4m-incubator-co-working.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
December 1, 20168 yr The $46M second phase to rehab Dayton Arcade — and how developers hope to fund it A combination of tax credits and public funding are hoped to fund the lion's share of the cost to rehabilitate the Dayton Arcade's iconic rotunda and main building, a project estimated at $46.4 million. The effort to rehabilitate the expansive 400,000-square-foot Dayton Arcade complex in downtown Dayton has been split into three phases by developers Miller-Valentine Group and Baltimore-based Cross Street Partners. Plans for 66 units of housing at the Fourth and Ludlow building, the "Art Works Lofts," got the first traction when the project was granted $20 million in tax credits from the Ohio Housing Finance Agency in June. More below: http://www.bizjournals.com/dayton/news/2016/11/30/the-46m-second-phase-to-rehab-dayton-arcade-and.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
March 25, 20178 yr In slightly more hopeful news... State legislators touring Dayton Arcade today http://www.daytondailynews.com/news/state-legislators-touring-dayton-arcade-today/SZokhGuTtEKlw9FKal5xqN/ “To an Ohio resident - wherever he lives - some other part of his state seems unreal.”
March 31, 20178 yr City to put another $1M into Dayton Arcade City officials will put $1 million into Dayton Arcade, which they say could help it land millions of dollars more in tax credits toward its revival. Dayton city commission approved a service agreement with Dayton Arcade Partners LLC for $1 million through December 2018. The project's developers, Dayton-based Miller-Valentine Group and Baltimore-based Cross Street Partners, plan to submit the Arcade for $5 million in state historic tax credits this Friday, a key piece in the puzzle to fund the plans to redevelop the complex in the heart of downtown, said City Manager Shelley Dickstein. More below: http://www.bizjournals.com/dayton/news/2017/03/30/city-to-put-another-1m-into-dayton-arcade.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
April 4, 20178 yr UD will have a presence in Dayton Arcade UD in the Arcade: Why it makes sense University of Dayton will have a presence in the Dayton Arcade, echoing the ideas of another city its developers have looked to for inspiration. In his installation, Eric Spina, president of University of Dayton, outlined plans for an “ideation center” at the historic Dayton Arcade building downtown. Such a center would help UD's own students, staff and faculty connect with the local startup scene as well as research and corporate groups. More below: http://www.bizjournals.com/dayton/news/2017/04/04/ud-in-the-arcade-why-it-makes-sense.html
April 4, 20178 yr Arcade office, co-working and deep research: Eric Spina outlines plans for UD A new downtown Dayton office, co-working on campus and a new set of organizations to draw University of Dayton deeper into the local community are in the works, its new president announced. Eric Spina was formally installed as the president of the University of Dayton, a job putting him at the front of the private, Marianist school of 11,000 students and 2,500 staff, with thousands of local alumni and strong business connections. In addressing the campus he laid out his plans for the school, which he said needs to be more intertwined in the city. More below: http://www.bizjournals.com/dayton/news/2017/04/04/arcade-office-co-working-and-deep-research-eric.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
April 4, 20178 yr 150% OK with this. Let's be a good community steward and actually make it happen, UD! “To an Ohio resident - wherever he lives - some other part of his state seems unreal.”
April 5, 20178 yr Few details—But big hopes as UD eyes Dayton Arcade hub The prospect of Dayton's namesake university taking space in a sorely-sought revival project in its core led to a lot of enthusiasm today. More below: http://www.bizjournals.com/dayton/news/2017/04/05/few-details-but-big-hopes-as-ud-eyes-dayton-arcade.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
April 5, 20178 yr Arcade 'innovation hub' to bring UD, Sinclair, Entrepreneurs Center together The new "innovation hub" to be planned at the Dayton Arcade will join some of downtown's most prominent entities. More below: http://www.bizjournals.com/dayton/news/2017/04/05/arcade-innovation-hub-to-bring-ud-sinclair.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
April 7, 20178 yr Warped Wing, Boston Stoker among anticipated Arcade tenants Some big names are on the list of anticipated tenants at the Dayton Arcade, from Warped Wing Brewing Co. to Boston Stoker to the University of Dayton. The iconic Arcade — once a commercial and cultural hub in the center of Dayton's downtown — has been vacant for more than two decades. After multiple false starts by other potential developers, co-developers Miller-Valentine Group and Baltimore-based Cross Street Partners have gotten farther than any of their predecessors' efforts to bring the prominent property back to life. The developers are seeking $5 million in tax credits from the Ohio Development Services Agency. In their application for the financing, the developers listed several anticipated tenants, including the downtown brewery. More below: http://www.bizjournals.com/dayton/news/2017/04/07/warped-wing-boston-stoker-among-anticipated-arcade.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
April 7, 20178 yr :clap: :clap: :clap: Keep marching westward, downtown development! There is hope for Dayton yet! “To an Ohio resident - wherever he lives - some other part of his state seems unreal.”
April 24, 20178 yr Shooting for 2018 opening, $72M Arcade project draws many inspirations Project leaders for the redevelopment of the Dayton Arcade, hoping to see the project completed by the end of next year, have modeled its ideas from projects in cities throughout the country. More below: http://www.bizjournals.com/dayton/news/2017/04/24/shooting-for-2018-opening-72m-arcade-project-draws.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
June 26, 20177 yr Tax credit announcement coming this week at Dayton Arcade State officials will be at the Dayton Arcade this week as they make an announcement about historic preservation tax credits. The prospective developers for the 418,000-square-foot complex in the heart of downtown — Dayton-based Miller-Valentine Group and Baltimore-based Cross Street Partners — put in for $5 million in state historic tax credits earlier this year. The state money, earmarked for rehabilitating historic buildings and doled out through the Ohio Development Services Agency, is a competitive process and has been seen as a key piece of the financing puzzle. ODSA says it will be at the arcade 10 a.m. Wednesday for an announcement on tax credits. More below: http://www.bizjournals.com/dayton/news/2017/06/26/tax-credit-announcement-coming-this-week-at-dayton.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
June 28, 20177 yr '2 steps forward:' Dayton Arcade lands $5M in tax credits In a major boost for its latest redevelopment plan, the Dayton Arcade has landed $5 million in historic tax credits, state officials announced Wednesday. In an event downtown, officials announced the Ohio Development Services Agency has awarded $5 million in historic preservation tax credits to the Arcade complex, marking a huge boost for the developers hoping to revive the long-shuttered 418,000-square-foot complex in downtown. Dayton-based Miller-Valentine Group and Baltimore-based Cross Street Partners have already assembled north of $50 million in financing for the project, whose cost is estimated to top $72 million. This funding helps support the r enovation of the Arcade's main rotunda, the commercial building and the Lindsey building, key parts of a mixed-use project that will include housing, event, commercial and office space. "This is two steps forward for us," said Dave Williams, vice president of urban development for Miller-Valentine Group. The developers are closing in on the financing they need for the first two of three planned phases for the project — the main rotunda and the buildings along Main Street and to the south. More below: http://www.bizjournals.com/dayton/news/2017/06/28/2-steps-forward-dayton-arcade-lands-5m-in-tax.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
June 29, 20177 yr Popular downtown restaurateur eyes deli and grocery in Dayton Arcade One of downtown's popular restaurateurs wants to open a big new deli concept in the Dayton Arcade, the latest among its high profile prospective tenants. More below: http://www.bizjournals.com/dayton/news/2017/06/29/popular-downtown-restaurateur-eyes-deli-and.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
June 29, 20177 yr It's really hard to explain how huge of a win this is. If there's any project in the state that can singlehandedly change the fate of a city's downtown, it's this one. “To an Ohio resident - wherever he lives - some other part of his state seems unreal.”
July 17, 20177 yr Dayton Arcade could get $2.5M in federal funds this week City of Dayton will vote this week to release $2.5 million in federal funds for the Dayton Arcade and its planned artist housing. More below: https://www.bizjournals.com/dayton/news/2017/07/17/dayton-arcade-could-get-2-5m-in-federal-funds-this.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
July 18, 20177 yr Why has the arcade been such a tough building to rehab and repurpose? It was occupied until pretty recently, right? It shouldn't be in a state of massive disrepair, but it seems like no one can seem to make it work. Even now with $7.5 million in tax credits, the rehab and reuse plan feels pretty shakey. It just seems odd to me that this is such a challenging project when there are other rehab projects happening in Dayton.
July 18, 20177 yr Why has the arcade been such a tough building to rehab and repurpose? It was occupied until pretty recently, right? It shouldn't be in a state of massive disrepair, but it seems like no one can seem to make it work. Even now with $7.5 million in tax credits, the rehab and reuse plan feels pretty shakey. It just seems odd to me that this is such a challenging project when there are other rehab projects happening in Dayton. The arcade was closed in 1989 or 1990, so there has been more than 20 years of decay. The arcade is actually a multiple building complex, with both a linear arcade and rotunda, public spaces that are incredibly expensive to rehab and challenging to program. The current team, strategy, and developer are fairly strong, however, so I think you will see this attempt be successful. To be honest, there has not been a legitimate redevelopment attempt at this point, only developers that never had capacity.
November 3, 20177 yr City requests $1M toward Dayton Arcade project Developers look to invest $41.4 million to renovate and construct a "21st century workspace" at the Dayton Arcade, a move officials say will create more than 400 new jobs. More below: https://www.bizjournals.com/dayton/news/2017/11/03/city-requests-1m-toward-dayton-arcade-project.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
November 7, 20177 yr At this point how confident are people that this will actually happen? I'm cautiously optimistic due to the caliber of the developers and level of detail in the overall plan, including the tenants who have signed on. But it still seems like an awful lot of different tax credits will all have to line up perfectly in order to move forward, so that has me a little nervous still. Anyone else have any information on the progress?
November 7, 20177 yr Oh, I believe it's happening but, as always with this city, it's going to be a slow process. Much like the Merc renovation or the Delco Lofts. "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
November 14, 20177 yr Developers seek $4 million to rehab Dayton Arcade buildings The Third Street Arcade project would renovate two historic buildings to create a combination of restaurant space, offices, apartments and a portion of the Arcade Innovation Hub that will occupy the adjacent Dayton Arcade rotunda. More below: https://www.bizjournals.com/dayton/news/2017/11/14/developers-seek-4-million-to-rehab-daytonarcade.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
December 19, 20177 yr Dayton Arcade receives $4M in historic tax credits The request made by the developers of the Dayton Arcade was granted when the Ohio Development Services Agency awarded the project $4 million in historic tax credits. The project includes the Third Street Arcade and the Gibbons Annex, as well as the adjacent McCrory building. All of the properties sit on the same block on West Third Street in downtown Dayton. The total cost of the project is estimated to be more than $40 million; the developers had previously requested $4 million from the state in historic tax credits. More below: https://www.bizjournals.com/dayton/news/2017/12/19/dayton-arcade-receives-4m-in-historic-tax-credits.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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