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

May 29, 2018News, 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.

Ohio Tops Site Selection’s Top Micropolitan Communities

Site Selection Magazine has highlighted Ohio as the top state in the nation in its recent Top Micropolitan communities listing, published in March. Ohio communities Recognized in the listing are Findlay (ranked #1 nationally), Greenville, Defiance, Wooster, Chillicothe, Tiffin, Bucyrus-Galion, Fremont, New Philadelphus-Dover, Sandusky, Jackson, Van Wert, Norwalk, Salem and Point Pleasant. Five Ohio communities ranked in the Top 10 nationally.

read more

Toledo Offers Vibrancy Initiative Grant Program

The City of Toledo has announced its vibrancy Initiative, which uses a comprehensive approach to revitalization that addresses building exteriors and vacant first-floor commercial interiors. It is designed to enhance the city’s vitality by supporting revitalization efforts that create jobs, reduce blight, and preserve and improve buildings.

read more

Montrose Group Sponsors Development Opportunity Forum 2024

The Montrose Group will bring together 200 leading commercial real estate brokers, CEOs, HR, real estate, and financial corporate leaders, construction, economic development, and engineering leaders targeting attendees from the Great Lakes States for a day-long forum on May 21, 2024 at the Grand Events Center in Grandview Ohio.)

read more