Economic Development

The rotunda section of the Arcade is in urgent need of repair. downtown dayton
David Bohardt / Arcade Task Force

The downtown Dayton Arcade has been unoccupied for more than twenty years now.

But 52-year-old Daytonian Aquetta Knight remembers a time when it was hopping.

“Everybody I knew was down there,” she says. “They were the good old days.”

Her dad was a shoe repairman in the Arcade, which also housed a fresh meat market, fresh fish, a popcorn store and a grocery. She’s like a lot of residents who want nothing more than to see it open back up.

A sketch of the future Water Street District in downtown Dayton on the riverfront.
Courtesy of developers Crawford Hoying and Woodard.

The ground was officially broken at Dayton’s Water Street apartment development Thursday morning. The 215-unit luxury apartment complex is part of an investment partnership between Columbus-based Crawford Hoying and Dayton based Woodard Real Estate. The original plan called for fewer units and less money invested, but the project has expanded since it was first announced.

Miami Township and Dayton Mall Joint Economic Development District / www.planthemallarea.com

Miami Township and Miamisburg are looking for public input on a redevelopment plan for the Dayton Mall, starting with a meeting Thursday night at the Miami Township Government Center from 6:30-8 p.m.

A drawing of the the GoodSports hotel and fieldhouse would look like in Huber Heights.
GoodSports Enterprises

GoodSports Enterprises has halted development on its proposed $22 million fieldhouse and hotel in Huber Heights until a new funding partner is secured. The company was planning the sports complex near I-70.

GoodSports had hoped to get funding by Nov. 15 after stepping away from its initial partner back in April.

Yellow Springs packs its downtown twice a year for the street fair.
Lewis Wallace / WYSO

The village of Yellow Springs, on the surface, is hopping economically. Property values are headed up, and downtown vacancies are low. Antioch College is growing and just opened a renovated fitness and wellness center. But just below the surface, the village has a lot of the same issues as other parts of the region. A lack of well-paying jobs means it’s becoming more of a bedroom community.

An airplane at the Vectren Dayton Airshow, a yearly event at the Dayton Airport.
eawortman / Flickr/Creative Commons

Janet Bednarek, a professor of history at the University of Dayton, specializes in airports—and in the idea of the airport as a hub for economic growth. She thinks airports bring a lot of potential, but there are also limitations; ultimately, she says, corporations decide where they want to go, and an “if you build it, they will come” approach can backfire.

“Dayton has always tried to capitalize on the fact that we’re at the intersection of two major interstates,” says Bednarek. “It just seems like the ability to capitalize on that hasn’t seemed to happen yet.”

Huber Heights is close to passing upgrades on its planned $18 million music center. On Monday evening, the Huber Heights City Council will take up three pieces of legislation that increase the city’s spending on the project by more than a million dollars. The additional funds will go to pay for concession stand upgrades, and a VIP center for the 4,500-seat concert venue.

Lewis Wallace / WYSO

Dayton’s Mad River wellfield is on a grassy island in the middle of one of the city’s three major rivers. Phil Van Atta, head of Dayton’s water treatment operation, says the wellfield, where Dayton pumps up groundwater from the Great Miami Buried Valley Aquifer, is one of his favorite places. The shallow sand and gravel aquifer in some places lies just feet below the ground, and its 1.5 trillion gallons of freshwater is constantly recharging from the rivers and rainfall.

Montgomery County has announced funding recommendations for eight economic development projects totaling more than $1.1 million. The county’s Economic Development/Government Equity (ED/GE) Advisory Committee recommended the spring 2014 grants Wednesday.

Jeff Hoagland, CEO of the Dayton Development Coalition,
Lewis Wallace / WYSO

This week on Under Construction we’re talking accountability: how are public funds for economic development spent and how are they tracked? Dayton Daily News investigative reporter Lynn Hulsey recently found the Dayton Development Coalition isn’t forthcoming with that information. The coalition, which is a nonprofit, funnels millions in government funds to local development projects.