Dayton Arcade – A Walk Through the Past to See the Future

May 29, 2018 | News, Newsletter |

Amy Walbridge, AICP.
City of Dayton, Ohio.

Historic preservation, downtown revitalization and innovative economic development were combined when the Miami Valley Section of APA Ohio, AIA Dayton, AGC, West Central Ohio Division and CSI Dayton/Miami Valley met together on March 22, 2018 to examine the redevelopment of the historic Dayton Arcade.  The event culminated with a tour of the buildings that make up the Arcade complex, a full city block with 330,000 SF of mixed use space.

Downtown Dayton is one of the primary economic engines for the Dayton region with more than 40,000 students, 7,500,000 visitors, 20,000 residents and 50,000 employees generating more than $7B in annual business revenues. The Arcade, which closed 26 years ago, is poised for revitalization. The redevelopment project leverages increasing economic investment in downtown, stimulates robust activity in the Central Business District and strengthens the economic vibrancy of Dayton and Montgomery County.

The Arcade redevelopment leverages Dayton’s globally recognized history of innovation while designing a vision for the future that incorporates the energy of the current generation of entrepreneurs and creative professionals. The key to the redevelopment project is The Arcade Innovation Hub (HUB). Led by a joint venture between The University of Dayton (UD) and The Entrepreneurs Center (TEC), the HUB will be a powerful catalyst for the future of our Region’s innovation economy The HUB envisions a live-work-play space for startup creation and growth that will coexist with artist’s housing, retail amenities, active streetscape environments and community event space incorporating the iconic Rotunda.

The HUB is just the latest example of how the Dayton Region is working together to evolve our economy to the changing patterns of growth and development. In downtown Dayton, programs supporting entrepreneurial networks like “Start Downtown” are backed by organizations like the Dayton Development Coalition, the Air Force Research Laboratory, and the Wright Brothers Institute, plus UD and Wright State University. This broad community buy-in leverages access to world-class research facilities, ongoing commercialization programs and intensifying efforts to retain thousands of educated young talent from our region’s higher learning institutions.

                                                                                                                                                                               

LEARNING OBJECTIVES
Prior to the event, several learning objectives were identified:

 

  • Review the historic evolution of the site in order to understand its present condition;
  • Understand the important role public infrastructure improvements and place making initiatives play in downtown revitalization strategies;
  • Highlight how the Historic Tax Credit Program is leveraging equity for the adaptive reuse of Dayton’s historic properties and stimulating economic activity in downtown Dayton;
  • Explain how the Arcade project’s approach to mixed-used development will be a catalyst for new investment in the center city; and
  • Discuss the impact of the deteriorated condition and specialized construction of the building complex on design, code compliance and building costs.

USDA OSU Extension Small Business Innovation Research (SBIR) Grant Workshops

The USDA is seeking new technology and/or creative product ideas from grass roots innovators! Got a great idea? The USDA may be interested in funding the research and development of your concept! Ohio State Extension is partnering with the USDA to promote the accessibility and availability of Small Business Innovation Research (SBIR) grants. OSU Extension will be offering two (2) workshops, one in Northeast Ohio (Lorain County Community College on June 19) and one in Southwest Ohio (OSU Lima Campus) to orient interested innovators, researchers, and practitioners to this grant opportunity and the grant application process. Registration is open!

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2018 Annual Excellence Awards – Call for Nominations

The Ohio Economic Development Association’s annual excellence awards program recognizes the achievements of individuals and organizations in Ohio in the areas of economic and workforce development. Submit your nominations today and have excellence in your community recognized state-wide!

A panel of judges will assess the nominations, determine finalists, and select a winner for each of the categories noted below. Award winners will be announced at a ceremony during the OEDA Annual Summit to be held October 16-18 at The Renaissance Columbus Downtown. All award finalists and winners will be notified prior to the Annual Summit so as to make appropriate arrangements.

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Register NOW for Remaining 2018 Ohio Economic Development Institute Courses

Register Today for the Remaining 2018 Ohio Economic Development Institute Courses
OEDI is presented in partnership the Ohio Economic Development Association, JobsOhio, and the Ohio University Voinovich School.

Next Up for OEDI’s courses: Finance & Incentives July 19-20 and Business Retention & Expansion September 20- 21! Be sure to register early for these in-demand programs, as space is limited!

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