I'm just going to assume Hard Rock takes over Levitt and becomes part of their space.  My hope is the free concerts are still going to be available, but I doubt it.

Report: More housing, hotels slated for downtown Dayton

 

Downtown Dayton growth remains surging. That's the verdict from an just-released annual review.

 

The Downtown Dayton Partnership shared progress in the Special Improvement District.Downtown Dayton has seen a flood of investments in the last 12 years, including in housing, hospitality and business sectors.

 

Sandy Gudorf, president of the Downtown Dayton Partnership, said a strong 2022 shows downtown is continuing to thrive.

 

More than $2.18 billion in private and public sector investments have been completed since 2010, and another $848 million is in the pipeline.

 

Housing has exploded in that same time period and grown 80%. There currently are 1,840 market rate units and 545 are planned.

 

More below:

https://www.bizjournals.com/dayton/news/2022/11/16/downtown-dayton-partnership-sid.html

 

Dayton nonprofit concert venue requests $150K for enhancements

 

A nonprofit concert venue is looking to upgrade its facility in hopes of providing a greater economic impact on the Dayton community.

 

The Levitt Pavilion in Dayton is requesting $150,000 in funding through the Dayton Region Priority Development & Advocacy Committee (PDAC) to assist in enhancing the facility which currently resides on S Main St downtown.

 

Funds received would be used to enhance the accessibility for audiences to Levitt Pavilion Dayton, which would include upgrades to the video wall, addition of a concession area, and additional storage. The venue hopes that the improvements will attract more people and deepen community bond throughout Dayton.

 

More below:

https://www.bizjournals.com/dayton/news/2022/12/13/levitt-pavilion-dayton-concert-free-venue.html

 

Transformative Dayton projects secure millions in tax credits

 

Several Dayton-area projects will share in $64 million from the Ohio Historic Preservation Tax Credit Program.

...

The Algonquin Hotel project, at 11 S. Ludlow St. in downtown Dayton, will receive $3.8 million tax credits.

 

A North Carolina developer is leading the $39 million project. The hotel has been vacant for several years but will be renovated into a multi-use building featuring housing, entertainment and dining.

 

The project calls for 106 residential on the upper floors, and a restaurant, bowling alley, and bar on the lower levels.

 

The United Brethren Publishing House, at 40 S. Main St., also in downtown, is a nearly $90 million project that will bring 200 residential units, and more than 53,000 square feet of commercial space to Dayton’s urban core.

 

Exterior historic windows of the building that was constructed between 1903 and 1924 will be retained, and the building's decorative features will be repaired. The project will see a tax credit of $3.7 million.

 

More below:

https://www.bizjournals.com/dayton/news/2022/12/22/dayton-projects-awarded-tax-credit.html

 

^Good to see these projects funded. Hopefully they advance to construction quickly. 

Regional park seeking $3.5M in funding for multiple upgrades to existing infrastructure

 

A popular Dayton destination is looking to make several updates to its landmarks in a $3.5 million project. The investment is intended to ensure the longevity of the regional attractions and will employ up to 30 construction workers for the duration of the project.

...

Specific updates and upgrades include:

• Interior renovations to the cafe, bike hub, rental office, operations – $1 million
• Placemaking at RiverScape MetroPark Café – $500,000
• Riverbank flood repairs to Founders Point and River Run – $300,000
• Replacement motor, pump and cord for Fountain of Lights – $265,000
• Landscape renovations in East block of Monument Avenue – $250,000
• Furniture, fixtures and equipment – $150,000
• Bollards to close off Monument Avenue – $150,000
• Informational signage and infrastructure updates throughout the park – $150,000
• Irrigation system upgrades – $150,000
• Sound upgrades/speakers throughout park – $120,000
• Sound and light upgrades at pavilion – $120,000
• Lighting on Five Rivers Fountain of Lights towers – $100,000
• HVAC and energy equipment – $45,000
• Rehabilitation of wells for the Five Rivers Fountain of Lights – $40,040
• Replacement of stage at RiverScape – $40,000
• Updates to RiverScape electrical for festivals and large events – $30,000
• Replacement of electrical boards in Five Rivers Fountain of Lights towers at RiverScape – $21,000

More below:

https://www.bizjournals.com/dayton/news/2023/01/07/five-rivers-metroparks-pdac.html

 

Monument Avenue bollards is a great idea given all the festivals that take place on that street.

$40M downtown Dayton redevelopment project advancing

 

An approximately $40 million Downtown Dayton project is advancing. The mixed-use redevelopment will bring more housing and office options to the city’s center.

 

Construction has started on five floors of Grant-DeneauTower, 40 W. Fourth Street in Dayton, said Jason Dorsey, principal designer/director of asset management for Columbus-based developer Windsor Companies.

 

Floors three to five will be for office use while floors six to 22 will be residential units. There will be 160 one- and two-bedroom units. Square footage was not readily available.

 

More below:

https://www.bizjournals.com/dayton/news/2023/01/27/dayton-redevelopment-project.html

 

Exclusive: Downtown Dayton's apartment market is booming and will spur future development

 

The residential real estate market in 2023 remains burning hot. But before potential homebuyers can touch the owners’ market, many take time to build up credit and savings for down payment in the renters’ market.

 

Similar to the homebuyer market, the renter market especially in the apartment sector is facing heightened demand in 2023 with a supply that is slowly creeping up to support it. In downtown Dayton, the sector is growing as residential developers continue to invest in new housing opportunities for local residents amid other downtown development.

 

Downtown Dayton Partnership (DDP) President Sandy Gudorf said the demand for downtown housing is still and continues to be extremely strong, without any slowdown in sight.

 

“We're sitting on over 98% occupancy,” Gudorf said. “I think a telling sign is that developers keep building more housing. So, they've got confidence in the market, and they've got confidence in the demand.”

 

More below:

https://www.bizjournals.com/dayton/news/2023/02/16/dayton-apartment-market.html

 

 

 

Downtown Dayton hotel project receives state support

 

Downtown Dayton is seeing fewer workers but development in the city's core is not slowing.

 

Construction on several projects continues to move forward while other projects are still lining up funding.

 

Algonquin Hotel, on the corner of Ludlow and Third street, represents a $39 million project that will bring not just housing and retail but an entertainment venue to the city’s core.

 

The first floor is anticipated to replicate a combination of restaurant, dining area and duck pin bowling. Hotel rooms would become 106 new apartments. It could once again become a major focus of the Dayton community. 

 

More below:

https://www.bizjournals.com/dayton/news/2023/03/10/downtown-hotel-project-receives-state-support.html

 

^Hope it happens this time! Would be great to see the redevelopment energy that's east of Jefferson get to Main and western downtown out to Sinclair and the courts.

Entertainment venue with over $1 million annual impact seeking bids for development projects

 

The entertainment industry is still traveling along the road of recovery post-pandemic as many industries are. After a challenging 2022 due to heightened demand from audiences, a regional venue is set to cater to demand in full force amid planned development.

 

Levitt Pavilion Dayton is prepared to welcome a summer full of concerts with the creation and continuation of new post-pandemic programs to engage the community. The 2023 lineup follows a successful 2022 with high demand despite the economic challenge no industry appears to be free from: increased costs.

 

“In 2022, it was particularly challenging as everyone that could tour was out on tour, and all the venues were open again, so there was incredible demand and supply. The expenses for touring have become challenging as well with our average act costs increasing by up to 40%,” said Lisa Wagner, executive director of Levitt Pavilion Dayton.

 

More below:

https://www.bizjournals.com/dayton/news/2023/03/30/levitt-pavilion-dayton-seeking-bids.html

 

New $1.1M boutique hotel to open in downtown Dayton later this month

 

A historic mansion restoration project in downtown Dayton is nearing completion. At the end of the month, the site will open as a new boutique hotel.

 

The hotel, dubbed The Mansion on Monument Ave, is slated to hold its grand opening on April 24 from 5 to 7 p.m. at 136 Monument Ave. in downtown Dayton. Each floor of three-story building is 1,700 square feet with a mix of suites, office and retail space.

 

The property was built in the 1890’s as a mansion for the Deweese family. In the 1970’s it was converted into a multi-use space with apartments and offices.

 

More below

https://www.bizjournals.com/dayton/news/2023/04/05/new-boutique-hotel-to-open-in-downtown-dayton.html

 

^That is a really good idea. Hope they do well with it

Funding sought for Dayton convention center's $40M transformation project

 

A convention center in the region is setting forward on a $40 million transformation project that will outfit the facility to be better suited to serve the community during emergency situations. The project is vital to continue to provide relief and resources to the community.

 

Since its construction in the 1970s, the Dayton Convention Center has been the area’s emergency resource center. In the past five years, the DDC has provided relief for the 2019 Oregon District Shooting, served as a tornado evacuation shelter during the 2019 Memorial Day tornadoes, been a Covid vaccination hub and served as a designated medical outbreak surge site.

 

A $40 million transformation of the center is currently underway, and in the process of moving the project forward, aged generators and emergency electrical systems have been discovered. This infrastructure can no longer support Life Safety Systems necessary for a proper and safe temporary shelter.

 

More below:

https://www.bizjournals.com/dayton/news/2023/04/28/emergency-resource-center-2023.html

 

Dayton park spurring $500M in surrounded investments eyeing $3.5M improvement project

 

The Miami’s Valley’s premier riverfront park and regional gathering space in the heart of downtown Dayton is anticipating final funding approval for a $3.5 million infrastructure improvement project. Changes would protect existing facilities, construct new spaces and increase area safety measures.

 

RiverScape MetroPark is awaiting the approval of funds for its more recent investment project, following a long history of investments over the last two decades which have spurred tens of millions in development across the immediate area. The fiscal year 2024 project, which would employ 25-30 construction workers in its duration, would begin construction efforts six to 12 months after approval.

 

U.S. Rep. Mike Turner (R-Dayton) has recommended the infrastructure project for its total project funding, along with a dozen others, in his Project Funding submissions. As a top priority project, it was designated by The Dayton Region Priority Development & Advocacy Committee (PDAC) as providing a significant benefit to the region and will, if funded, move forward.

 

More below:

https://www.bizjournals.com/dayton/news/2023/05/04/five-rivers-metroparks-project-2024.html

 

^ would be great if they could turn those hillsides into native prairie. St Louis did this in Forest Park and it's beautiful and much more sustainable (maybe it already is there I just can't tell from the aerial).

 

Quick question for @ColDayManor anyone else, how is downtown Dayton doing?

 

It seems they have a decent number of projects. How is the vibrancy? With the Arcade Building, can you compare that to a project or slew of projects in downtown Cincinnati like what's happening on 4th street in terms of scale?

 

I've only been in Dayton a few times but the downtown seemed really big. I'm from Iowa and the biggest city there we all know is Des Moines, and Des Moines is fairly vibrant but Dayton definitely had a much bigger feel.

It's been an amazing transformation over the past ~10 years downtown. Completely night and day from how it was to how it is now, visually. A ton of buildings have been preserved and restored, which has been great, and more are currently being renovated, the most notable ones being the Arcade and the old Delco buildings Mendelson's most recently occupied. There have been some demolitions too, but in downtown at least the demolitions have mostly been non-historic buildings, like a building on Monument Ave. that most recently had a Wright State extension office in it was torn down for a 5-over-1 stick apartment building. Everything is coming together really well. Up until a couple years ago, almost all of the development was happening west of Patterson but with the Fire Blocks and the Arcade the revitalization is slowly moving west across downtown. I'm really looking forward to the 40 S. Fourth, City Centre, and Algonquin hotel redevelopments happening as well as the new townhouses in Wright-Dunbar. 

On 5/5/2023 at 4:14 PM, IAGuy39 said:

^ would be great if they could turn those hillsides into native prairie. St Louis did this in Forest Park and it's beautiful and much more sustainable (maybe it already is there I just can't tell from the aerial).

 

Quick question for @ColDayManor anyone else, how is downtown Dayton doing?

 

It seems they have a decent number of projects. How is the vibrancy? With the Arcade Building, can you compare that to a project or slew of projects in downtown Cincinnati like what's happening on 4th street in terms of scale?

 

I've only been in Dayton a few times but the downtown seemed really big. I'm from Iowa and the biggest city there we all know is Des Moines, and Des Moines is fairly vibrant but Dayton definitely had a much bigger feel.

 

Basically what @SWOH said. Vibrancy is night-and-day (a good thing) from 10 years ago.  Let me know if you ever need a tour.

 

FYI, those "hillsides" are levees so that's likely not gonna happen.

That’s awesome! Thanks @SWOHand @ColDayMan

 

its great to see another Ohio city coming back around. There’s so much history and so much importance in the downtowns of these cities and being restored and repopulated is so critical

to the future health of the state. Can’t wait to check it out when I can ill

let you all know!! 

$40M downtown renovation marches toward expected Q1 2025 finish

 

The region's largest convention center wears many hats. It's not only the area's premiere event facility but also an emergency resource center – providing relief for the 2019 Oregon District Shooting and serving as a tornado evacuation shelter during the 2019 Memorial Day tornadoes.

 

Built in the 1970s, the Dayton Convention Center also is aging – making the current $40-million transformative renovations a necessity. As work on the project marches on, officials expect the upgrades to be completed in Q1 2025.

 

Construction crews are now refurbishing the restrooms, according to Jonathan Boeckling, a project executive leading the convention center's transformation for Messer Construction Co.

 

More below:

https://www.bizjournals.com/dayton/news/2023/05/23/dayton-convention-center-renovations.html

 

CityWide’s CDFI status spurs small business development and affordable housing

 

In 2015, CityWide Development sought designation through the United States Department of Treasury to become a Community Development Financial Institution, or CDFI. CDFIs provide access to credit and specialized loan products for businesses and organizations that may not qualify for a typical bank loan, providing affordable rates and flexible terms in underserved markets.

 

“As a CDFI, we are always seeking ways to offer affordable and creative financial solutions. Our CDFI designation allows our economic development work to be responsive to the community's needs,” said Dan Kane, president of CityWide.

 

Downtown Dayton Investment Funds and other business investments

 

Since receiving this designation, CityWide has provided CDFI financing for small businesses, nonprofit organizations, commercial real estate and housing to stabilize and revitalize the city. CityWide has also leveraged its CDFI status to set up special programs, including two funds called Downtown Dayton Investment Fund I and II (DDIFs), to incentivize development downtown and inner ring neighborhoods. DDIFs help finance office space for building owners and tenants in the urban core of Dayton.

 

More below:

https://www.bizjournals.com/dayton/news/2023/10/01/citywide-s-cdfi-status-spurs-business-development.html

 

Large, long-closed downtown Dayton hotel going to auction

 

A long-closed, 12-story hotel downtown near the Dayton Arcade appears to be going to auction. The news comes after a nearly $40 million project at the site was approved for state tax credits earlier this year.

 

Bidding on the former Dayton Grand Hotel at 11 S. Ludlow St. in downtown Dayton will start at $650,000 on Dec. 4, according to a posting on RI Marketplace — an online platform for commercial real estate auctions and sales. The auction is set to close on Dec. 6.

 

In March, a $39 million project — expected to bring housing, retail and an entertainment venue to the city's core — received a $3.8 million tax credit as part of the 29th round of the Ohio Historic Preservation Tax Credit Program. It added to the $3.8 million awarded to the project in December 2022.

 

More below:

https://www.bizjournals.com/dayton/news/2023/10/30/dayton-grand-hotel-auction.html

 

Only 20% done, but Dayton Convention Center’s renovation is moving forward

 

The half-century-old Dayton Convention Center will be practically unrecognizable upon completion in early 2025. With its mainstay art piece at the front already demolished, the development is well on its way toward a new look.

 

The $40 million project on the 150,000-square-foot convention center at 22 E. 5th St. in downtown Dayton began its renovation in summer of 2022. The multi-phase project has completed a handful of bathroom renovations and its meeting spaces.

 

John Fabelo, partner and director of design at LWC Inc., said the project is only about 20% completed. Work remains in-progress on the center’s 50,000 square feet of combined exhibit halls, 17,000-square-foot flex space, VIP room, lobby area and exterior. Alongside the major renovations, multiple aesthetic enhancements and system upgrades are underway.

 

More below:

https://www.bizjournals.com/dayton/news/2023/10/31/dayton-convention-center-update-2023.html

 

Long-vacant downtown building could soon get new life with $50M mixed-use project

 

A long-vacant, high-rise building downtown across the street from the Dayton Convention Center may soon get new life. A developer wants to invest $50 million in converting the historic building into a mixed-use development.

 

North Carolina-based Mayfair Hospitality Group is seeking almost $5 million in Ohio Historic Preservation Tax Credits for the former Fidelity Medical Building at 211 S. Main St. The firm said in its application it wants to "bring use and energy back into this historic building."

 

It's not the first time developers have sought state help to convert the roughly 125,000-square-foot building. In 2018, the project was awarded tax credits but failed to move forward.

 

But now, the previous owner has partnered with Simon Burgess of Mayfair Hospitality to "re-energize the effort."

 

More below:

https://www.bizjournals.com/dayton/news/2023/11/08/fidelity-medical-building-downtown-dayton-project.html

 

Downtown Dayton fountain to get 'facelift,' become 'focal point'

 

A fountain in downtown Dayton that stopped working during the pandemic is getting a facelift. The repairs won't merely get the structure working again; rather, they will give the city's center a new "focal point."

 

Montgomery County announced Tuesday it's begun the initial phases of a half-a-million-dollar plan to repair and renovate the fountain at Courthouse Square downtown. County Commissioners expect the project to be completed by the summer.

 

It marks a move forward for the fountain. Since it stopped working in 2020, no actions have been taken to get it back up and running due to "other budgeting concerns," the county said.

 

"This is a fairly extensive project, and we are happy we can fund it," said Montgomery County Commission President Debbie Lieberman in a statement. "We believe it will greatly enhance the Courthouse Square."

 

More below:

https://www.bizjournals.com/dayton/news/2023/11/22/courthouse-square-fountain-repairs.html

 

 

I know the fountain seems minor, but it'll be a huge improvement to that plaza. It's a neat spot, well done for it's time but it's not hard to tell it hasn't really been touched since the 1980s.

 

It doesn't solve the problem of the vacant underground shops, which could be really cool, but at least it adds a nice focal point for the food trucks that show up there.

Can they just cover over the lower level stops opening? 

^I'm sure they could. Honestly not sure why the county hasn't done that yet, seems like it would save a lot of maintenance costs. Those spaces have been vacant for a long, long time... I don't even remember them being filled. 

2 hours ago, SWOH said:

^I'm sure they could. Honestly not sure why the county hasn't done that yet, seems like it would save a lot of maintenance costs. Those spaces have been vacant for a long, long time... I don't even remember them being filled. 

 

The early 90's.  There was a restaurant called Charley's Seafood in that spot before it closed.  I got sick there and never went back!

Woodard Development transforming prominent Oregon District space into HQ

 

Dayton’s bustling commercial real estate developer Jason Woodard and his team have been busy bringing new life to an Oregon District property.

 

Woodard Development is doing a complete renovation on the two-story former United Business Service building at 505 S. Jefferson St. in Dayton. The company will make the building its permanent home after renovations are completed next year.

 

Woodard, founder and principal, closed on the purchase of the building at the end of 2022, the DBJ previously reported.

 

More below:

https://www.bizjournals.com/dayton/news/2023/12/19/woodard-development-ubs.html

 

Yay tax credits!

 

Fidelity Medical Building

 

Total Project Cost: $50,600,000

Total Tax Credit: $4,900,000

Address: 211 S. Main St., Dayton, OH 45402

 

In the heart of downtown Dayton, the 11-story Fidelity Medical Building sits at a prominent corner near the Dayton Arcade. Vacant since 2009, the building once housed a savings and loan business with many medical professional offices on the upper floors. The developers plan to convert the building to 101 residential units and two food and entertainment tenants on the ground floor.

 

https://content.govdelivery.com/attachments/OHIOGOVERNOR/2023/12/20/file_attachments/2725142/2023 1221 Historic Round 31 Descriptions.pdf

 

Courthouse Square revamp will include shipping container event hub

 

A new addition to Courthouse Square in Dayton is planned to come in time for summer entertainment — an event center designed from a shipping container.

 

Downtown Dayton Partnership President Katie Meyer updated the Montgomery County commission this week with plans to revamp Courthouse Square, located at Main and Third Streets.

 

The $165,000 project is expected to wrap up this spring.

 

The shipping container event center will be facing Third Street and will promote walkability to local restaurants and entertainment venues like the Schuster Center, Meyer said.

 

“We really see it as something that can be experimental,” she said. “We’re going to try a variety of different uses over the course of the summer. Everything from retail to different sorts of happy hours and art programming.”

 

More below:

https://www.daytondailynews.com/local/courthouse-square-revamp-will-include-shipping-container-event-hub/OKKGN6I4DRDQTD2AGCSAEZG2AI/

 

Downtown Vitality Index: How downtown Dayton's comeback compares

 

Dayton ranks among the strongest when it comes to downtown recovery after the pandemic.

 

That’s according to the latest Downtown Vitality Index from The Business Journals, which analyzed a variety of metrics affecting downtown activity to determine which central business districts are best positioned for success in the post-pandemic world.

 

Dayton posted a Downtown Vitality Index score of 53.9, which ranked No. 15 among the 44 markets analyzed by The Business Journals. A score of 0 is worst and a score of 100 is best.

 

More below:

https://www.bizjournals.com/dayton/news/2024/04/08/dayton-downtown-vitality-analyzation.html

 

$60M hotel proposed for downtown Dayton

 

The long wait for action at the former Radisson Dayton Hotel has prompted a proposal for another nearby hotel development. A proposed $60+ million hotel aims to close a gap and bring a significant economic impact alongside the in-construction Dayton Convention Center.

 

The Montgomery County Convention Facilities Authority (MCCFA) recently presented a proposal to the Dayton City Commission for development of a new full service headquarter hotel property. The site is adjacent to the Dayton Convention Center at the “city plaza” location on S. Jefferson Street, between E. Fifth and Stone Streets.

 

The MCCFA said the 2022 closure of the attached hotel property, the uncertainty of the reopening date, and the loss of the 287-hotel room inventory downtown has been and remains a challenge to attract new regional business necessary to support the investment and convention growth in the region.

 

More below:

https://www.bizjournals.com/dayton/news/2024/04/24/60-million-hotel-proposed-for-downtown-dayton.html

 

Leaders want a new hotel built by Dayton Convention Center in downtown Dayton

 

The executive director and CEO of the Montgomery County Convention Facilities Authority says work is underway to try to bring a new national brand “headquarter” hotel to a property near the Dayton Convention Center.

 

Pam Plageman, head of the facilities authority, said a new hotel is needed to support the downtown business community and help Dayton and the Dayton Convention Center compete for events and meetings.

 

The 0.4-acre property identified as a prime location for the new hotel is a plaza located on the east side of South Jefferson Street, south of East Fifth Street, across the street from the convention center.

 

The plaza space, located next to the Oregon District parking garage, is mostly vacant but has some trees, landscaping, planters and brick sections.

 

More below:

https://www.daytondailynews.com/local/leaders-want-a-new-hotel-built-by-dayton-convention-center-in-downtown-dayton/6OTK47R7G5FNFOVTELDSEMNP3Q/

 

^That's big news! Am curious about the justification though. I'm showing my bias, but would love to see the convention center modernization plan morph into a casino conversion plan, where the convention center moves away and becomes a casino. Large box uses do not make much sense in downtowns for the most part, but the damage is already done. A casino would at least take the box format and drive more revenue into the city.

114 housing units, retail space planned for Cooper Park area in downtown Dayton

 

The city of Dayton has approved an agreement to sell a downtown parking lot near Cooper Park and the Dayton Metro Library to a developer that proposes to create 114 new market-rate apartments and new commercial retail space.

 

The 1.6-acre surface parking lot is in a part of the city that has seen significant investment in the last seven years, including the revitalization of the nearby Fire Blocks District and the opening of a new downtown library and CareSource office tower.

 

Downtown Dayton’s apartment occupancy rate remains above 90%, and developers and local leaders believe the downtown housing market still has a lot of room to grow.

 

“We are passionate about urban revitalization, we believe in Dayton, we have collaborated with (local) leaders over several years to identify the best and highest use for the site, we understand place-making,” said Kirk Marker, president and general counsel with Marker, which is working toward buying the property.

 

More below:

https://www.daytondailynews.com/local/new-building-with-114-housing-units-retail-space-proposed-for-downtown-dayton/FTVIK7ZOHZFZVCQY3C4QPKXKJQ/

 

New mixed-use development may land downtown

 

A new mixed-use development might be coming to downtown Dayton. The development marks the first venture from a Columbus-based firm into the Miami Valley.

 

The proposed development will consist of a five-story building comprising approximately 114 residential units; 10,500 square feet of commercial retail; and paved parking in the rear of the building. The project was recently presented at the Dayton City Commission meeting where the developers expressed interest in purchasing and developing the parcels owned by the city of Dayton at the southwest corner of Second and St. Clair.

 

The city of Dayton’s Department of Planning, Neighborhoods and Development is requesting approval to enter into a Purchase and Sale Agreement with Marker Development LLC for the sale of the city-owned property. Marker will pay a non-refundable deposit of $30,000 after execution of the agreement. Then, $300,000 will be paid at closing, which is expected to take place in 2025.

 

More below:

https://www.bizjournals.com/dayton/news/2024/04/29/marker-development-st-clair-second-downtown-dayton.html

 

Downtown shipping container to become Dayton's newest entertainment hub

 

A shipping container transformed into an event hub, mixed with outdoor seating, events and Dayton favorites, is making its debut downtown next week.

 

Curio at Courthouse Square will open to residents during the Downtown Housing Tour on May 11, with regular programming set to begin on Tuesday, May 14.

 

“We are so excited to debut this new feature to Courthouse Square that is breaking out of the box to become a new hot spot downtown,” said Katie Meyer, president of the Downtown Dayton Partnership. “Curio is proof that big ideas can come in small packages and that a shipping container can be transformed into a hub of community, connection, and collaboration.”

 

More below:

https://www.bizjournals.com/dayton/news/2024/05/08/curio-courthouse-square-shipping-container.html

 

https://downtowndayton.org/things-to-do/curio/

It's ABOUT TIME they activated the square.

$45 million Dayton Convention Center project receives funding

 

A major transformation project in downtown Dayton received a slice of government funding to aid in its energy savings efforts as part of a statewide initiative.

 

The Montgomery County Convention Facilities Authority (MCCFA) will receive a $910,000 grant to aid the transformative $45 million Dayton Convention Center renovation project. The grant was awarded to the Montgomery County entity and others across the state as part of the Advanced Energy Fund.

 

The facility currently offers a total of 150,000 square feet of space, including 68,400 square feet of exhibit space with a VIP show manager’s suite; 20,000 square feet of ballroom space; 12,400 square feet of meeting space; a 672-seat theatre and two board rooms. MCCFA also recently presented a proposal to develop a new $60+ million hotel adjacent to the convention center.

 

More below:

https://www.bizjournals.com/dayton/news/2024/05/09/dayton-convention-center-receives-funding.html

 

Historic downtown Dayton building achieves 100% occupancy

 

The historic Ludlow Place Building located on the southeast corner of Fifth and Ludlow Street in downtown Dayton is officially 100 percent owner and tenant occupied.

 

Originally constructed in 1905 by the Christian Plumbing Association (CPA) and listed on the National Register of Historic Places as part of the Dayton Terra-Cotta Historic District, the building contains approximately 12,700 square feet of rentable space with ground floor retail areas and three upper floors of office suites.

 

More below:

https://www.bizjournals.com/dayton/news/2024/05/16/ludlow-place-building-dayton-downtown.html

 

STATE OF DOWNTOWN HOUSING

 

Downtown Dayton has seen a flurry of activity within the last decade. Whether it be retail, restaurants, housing units or more, there is no denying that developers are eager to establish a foothold in the area during a period of growth.

 

With a whopping 91% occupancy, downtown Dayton has the highest residential occupancy rate in the region. Due to the large number of new residents flocking to the area, housing efforts are significantly ramping up.

 

Some notable projects underway include The 503, The Delco, Grant-Deneau Tower, and plenty of others that haven’t begun construction yet. With the influx of housing options currently available, and soon to be online, local officials have a hopeful outlook for the future of downtown.

 

Downtown Dayton Partnership’s President, Katie Meyer, believes that the high occupancy rate downtown “demonstrates that people are looking for that culture and community that a downtown offers that is unique to cities and Dayton specifically.”

 

More below:

https://www.bizjournals.com/dayton/news/2024/05/30/state-of-downtown-housing-dayton.html

 

Planned $45 million hotel in downtown Dayton seeks developer

 

Downtown Dayton’s newest announced hotel is seeking a developer to take charge. The $45 million project hopes to continue the upward trend and growing demand for the Dayton Convention Center as construction continues.

 

The Montgomery County Convention Facilities Authority (MCCFA) recently issued a Request for Qualifications (RFQ) to solicit a developer for a new convention hotel adjacent to the Dayton Convention Center.

 

The MCCFA is soliciting developers for preliminary project proposals and pre-qualification through an RFQ process, with the support of HP&D Advisory, a seasoned hotel consultant group. See the full hotel developer RFQ here.

 

More below:

https://www.bizjournals.com/dayton/news/2024/06/06/downtown-dayton-hotel-seeks-builder.html

 

I love seeing Dayton's momentum picking up. I'm up there every other week checking on the Ronald McDonald House project. I need to walk around downtown a bit the next time I am up there.

 

Here are some Ronald McDonald House views from Valley Street.

 

 

Edited June 7, 20241 yr by Chas Wiederhold

Long-awaited $15 million boutique hotel prepares to open

 

A long-awaited boutique hotel in downtown Dayton is preparing to open its doors later this year.

 

Hotel Ardent, under the Tapestry Collection by Hilton Hotels, will welcome its first batch of guests this fall. The $15 million boutique hotel will open in downtown’s historic Barclay Building at 137 N. Main St., which was first built in 1927.

 

The 10-story, 60,000-square-foot hotel will offer 118 rooms. It will include amenities such as a fitness room, patio and valet parking.

 

Upon opening, the Hotel Ardent will be managed by First Hospitality – a Chicago-based hotel operator.

 

More below:

https://www.bizjournals.com/dayton/news/2024/06/10/hotel-downtown-dayton-open.html

 

Convention center hotel taps developer for $45 million project in downtown Dayton

 

A hotel development and management company acting as a preferred partner to leading hotel brands such as Hilton, Marriott and Hyatt has been tapped to lead downtown Dayton’s $45 million newest hotel endeavor.

 

Concord Hospitality Enterprises Company was recently approved to develop the Dayton Convention Center headquarter hotel. Concord Hospitality was selected by Montgomery County Convention Facilities Authority (MCCFA) board of directors following a public procurement process and Request for Qualifications. The North Carolina-based company specializes in developing and managing full-service and select-service hotels across North America.

 

Over the next 60-90 days, Concord Hospitality will enter into contract negotiations with MCCFA for development of the property located at the “city plaza” on S. Jefferson Street, between E. Fifth and Stone Streets. Details will include financing, schedule, conceptual design for the full-service property, hotel room block guarantees for convention guests and more.

 

More below:

https://www.bizjournals.com/dayton/news/2024/09/09/dayton-convention-center-hotel-concord-hospitality.html

 

Downtown Dayton Radisson Hotel to become Dayton Vitality Hotel

 

Development may be imminent for the former Radisson Hotel in downtown Dayton.

 

The hotel at 33 E. 5th St. is set to become a Dayton Vitality Hotel under the management of Bright Hotels. The group has already opened vitality hotels In Memphis and Orlando, with Dayton’s remodel to come.

 

Pam Plageman, executive director and CEO for the Montgomery County Convention Facilities Authority, said Bright Hotels aims to do an initial opening after completing a portion of the rooms, ideally half.

 

“This is going to be a Dayton Vitality Hotel, which is kind of a clean, refresh, reset,” Plageman said. “They have liquidated the furniture and done some mechanicals over there, and we're waiting on a reopening date for a portion of the rooms.”

 

More below:

https://www.bizjournals.com/dayton/news/2024/09/11/bright-hotels-dayton-vitality-hotel.html