Research park readies for expansion

 

The Miami Valley Research Park announced Wednesday it has completed more than $1 million worth of infrastructure work, road construction and zoning changes for its second phase.  The park's developers are starting to market the 85-acre site to tenants. They hope to generate $100 million in private investment and create between 1,500 and 2,000 jobs in the next 10 years.

 

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http://www.bizjournals.com/dayton/stories/2005/08/01/daily16.html

I think the Greene is going to be a plus for that area and vice versa

 

Since 1985, the park has developed 300 acres and is now home to 40 high-tech companies and organizations with more than 4,200 employees.

 

...a good lunchtime/after-work market for restaurants locating at the Greene.

Woolpert relocating to tech park

 

Woolpert Inc. is planning to move from its longtime downtown Dayton home to the Miami Valley Research Park in Greene County. The engineering and consulting firm will move from its 81,000-square-foot offices at 409 E. Monument Ave. to the Research Park in October 2007, according to Bob Hocking, president of Dayton-based DHC Management Inc., which manages its current building.

 

Officials from Woolpert, which employs about 200 people in the Dayton area, did not return calls seeking comment.  The decision comes after development officials from the city and the Dayton/Montgomery County Port Authority pitched a handful of financing and construction deals to keep the company in downtown Dayton. One of the offers included a new $8.5 million building that the port would have built for the company in Tech Town, just down the road from Woolpert's current location.

 

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http://dayton.bizjournals.com/dayton/stories/2006/04/24/story3.html

Research Park to expand with $18M projects

Dayton Business Journal - 6:10 PM EDT Wednesday

by Suzelle Tempero

DBJ Staff Reporter

 

Two new building projects totaling between $16 million and $18 million soon will get started at the Miami Valley Research Park, park officials announced Wednesday.  On the Kettering side of the MVRP, the park is planning to build a two-story, 52,000-square-foot building near its other three core buildings, as well as a plaza area with an amphitheater and water feature. The project is expected to cost between $6 million and $8 million and the building is slated to open in the spring of 2007. Troy-based Brackett Builders Inc. is overseeing the project and architectural firm Alan Scherr Associates is completing the plans.

 

Tech Center IV will house between three and five companies, and the foundation is pleased with the amount of interest shown by companies interested in locating there, said Bruce Pearson, chief executive officer. He said announcements about future tenants should be made before year end.

 

Read full article here:

http://www.bizjournals.com/dayton/stories/2006/06/26/daily21.html

Pearson also said the MVRP expects to attract new companies following the 1,100 jobs anticipated to move to Wright-Patterson Air Force Base as new missions were assigned there during the federal base realignment and closure process.

 

Maybe, but a lot of that is going on-base.

 

The market is really spin-off from consultants and subcontractors to the on-base activity...and the research park is competing with spec office bldgs closer to the base.

 

The interesting thing to stay tuned for are public-private partnerships that might move things that are on-base off-base, by moving the fence.

 

 

 

Maybe, but a lot of that is going on-base.

 

The market is really spin-off from consultants and subcontractors to the on-base activity...and the research park is competing with spec office bldgs closer to the base.

 

I think that was the point that he was making...although the new announced jobs will be going on base, hopefully there will be spin-off jobs that will also be coming to the area that the MVRP can target.  And although they are competing with spec building closer to the base, the research park does have the likes of Booz Allen Hamilton, Northrop Grumman, BearingPoint, S&K Technologies, and others that do a lot of business with Wright-Patt, so its not like they are being far-fetched in their thinking.  I'm interested in hearing more about this public-private partnership you alluded to...sounds like it could be interesting.