A new branch of southwest Ohio’s bikeway system has opened in Miami Township, linking the Great Miami River Bikeway to Austin Boulevard near I-75. The bike trails are part of a regional vision for economic development.
At the blustery ribbon-cutting ceremony for the Medlar Bikeway, officials from Montgomery County, Miamisburg, Miami Township and Five Rivers Metroparks cheered and posed for pictures.
Steve Stanley, head of the Montgomery County Transportation Improvement District, said cycling options support economic growth.
A story in Bloomberg earlier this week found that hedge fund Magnetar has bought up a significant chunk of the rental stock in Montgomery County’s Huber Heights—and then requested a major reduction in those properties’ values. That reduction, if approved, could affect the city’s taxes and levies.
Home sales numbers are out for September, and the greater Dayton area shows an increase of 21 percent compared to September of 2012. The dollar volume in the first nine months of the year, $1.3 billion, also increased 21 percent compared to the first nine months of 2012.
Nancy Farkas of the Dayton Area Board of Realtors says she sees the most growth in places like Kettering, Centerville and Beavercreek. But overall, she says the outlook is positive across the board.
The monthly Ohio unemployment report scheduled for Friday will be delayed because of the federal government shutdown. That means residents and employers will have to wait to find out whether the slight uptick in the state jobless rate for August continued last month.
The Columbus Dispatch says the state compiles the report using data from the federal Bureau of Labor Statistics and the Census Bureau. The shutdown is affecting both agencies.