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.

Interns Help Expand Sales to International Markets

The Ohio Export Internship Program matches businesses interested in growing exports with highly motivated college students who have taken export-focused coursework. The Ohio Department of Development offers participating small to medium-sized businesses a 50 percent reimbursement for the wages of the intern.

read more

Louis Dreyfus Company Announces Record Breaking Project in Wyandot County

Louis Dreyfus Company (LDC), a leading merchant and processor of agricultural goods, announced plans for its state-of-the-art soybean processing facility to be located in Wyandot County, Ohio.  The project will bolster the region’s economic growth in the critical food and agriculture sector.  LDC’s facility will be located just outside of the City of Upper Sandusky; it’s first location in the State of Ohio.

read more

Mapping a Pathway to Successfully Access New All Ohio Future Fund Opportunities

The Ohio General Assembly, in its budget bill (HB33) approved July 3, 2023, authorized up to $750 million in state budget resources to the All Ohio Future Fund (R.C. 126.62). The fund is to be used for infrastructure to compete for — and win – more sizeable economic development projects such as the Amazon, Honda-LG, and Intel megaprojects that Ohio landed in recent years.

read more