Renovations to Historic Middletown Tower Begin
Dayton Business Journal
The plans to renovate and restore an historic Middletown building are moving forward.
Construction recently began on the historic Goetz Tower at 1000 Central Ave. in downtown Middletown. Renovations to the long-vacant building, which dates back to 1929, were expected to begin last year, but were delayed by a damaging interior water leak during freezing winter temperatures, according to Middletown spokeswoman Shelby Quinlivan.
She said the effort to renovate the nearly 30,000-square-foot building began in 2014. Canton, Ohio-based Historic Developers, led by Steve Coon, will oversee the project to convert the first floor of the seven-story tower into commercial and office space. Coon could not be immediately reached for comment regarding the project.
The remaining floors of the Goetz Tower will become 16 market-rate apartment units, which Quinlivan said will help to boost Middletown’s downtown housing market. The project will cost an estimated $3.5 million, with renovations on the first floor expected to be completed this fall and the upper floors expected to be finished in spring 2020, according to WCPO.
The Dayton Business Journal reported in 2014 the Goetz Tower received $600,000 in Ohio Historic Preservation Tax Credits, along with another $600,000 in federal tax credits.
OEDA announces and congratulates the 2019 class of OhioCEDs — Certified Economic Developersread more
As is the case for Ohio and as you all know, the most successful economic development efforts can be directly attributed to the assembly of a talented, highly cohesive and cross-functional team. Earlier this year, our statewide economic development network gained two engaged and energetic advocates in Gov. Mike DeWine and Lt. Gov. Jon Husted. Both are already passionate about being involved.read more
Communities across Ohio are realizing their possibilities for growth because of the investments Ohio is undertaking. Ohio has 320 Qualified Opportunity Zones in 73 counties, and the Ohio Development Services Agency is working to help local communities make the most of the opportunities.read more