Blame it on the government shutdown: we missed a month of job reports this fall. But during that time, frankly not much happened. Unemployment in the greater Dayton area ticked up from 7.3 percent in August to 7.5 percent in October, with the number of jobs hovering around the October total of 369,600.
The holiday shopping forecast for the state of Ohio is better than last year’s, according to a study by the University of Cincinnati Economics Center, but the Dayton-area forecast is the worst in the state.
This holiday season Ohio retailers are looking at a 3.5 percent increase in sales compared to 2012. That estimate, produced by the Economics Center for the Ohio retail group “Focus On Ohio’s Future,” lags behind the national forecast of 3.9 percent. And it lags behind the same estimate last year, when Ohio retailers predicted a 4.2 percent increase from 2011.
The Water Street development on Dayton’s river front is moving forward ahead of schedule following the Dayton City Commission's approval of the plan development last week.
Water Street as planned would be huge: 50,000 square feet of office space, hundreds of parking spaces and 161 residential units in the first stage of the project, which would be located right next to RiverScape MetroPark near the fork of the Great Miami and the Mad Rivers. The mixed-use project aims to compete with suburban developers.
Just down the block from the tall church towers that give Twin Towers its name, there’s a surprising image: instead of Dayton’s classic, old wood homes you see a block full of brand new wood homes in a similar style.
Friday is the deadline for the owners of the Arcade in downtown Dayton to pay their property taxes or risk the county selling that debt to a third party—a tax lien sale.
The bright and ornate Arcade building has been languishing in the center of Dayton for more than two decades now. It’s been through foreclosures, tax lien sales, and a series of dispelled rumors about what redevelopment might look like.
The owners, who live in Wisconsin, owe Montgomery County nearly $326,000 in taxes. Montgomery County Treasurer Carolyn Rice says they haven’t made a payment since June.