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Everything posted by ColDayMan

  1. New cafe-bar coming to Fire Blocks District in downtown Dayton A new establishment that will serve as a cafe by day and a bar by night is making its way to downtown Dayton. The Little Gem Social Club is slated to open at 132 E. Third St. in the Fire Blocks District. Owner Robert Myers, a California man who grew up in the Dayton region, recently signed a lease for the new cafe-bar and is currently working on the design phase of the project. He's not sure when it will open, as the spread of the coronavirus has thrown business development efforts into somewhat of a tailspin, but he said he is excited to share the news. "I was supposed to fly out a day after they locked us down in California," Myers told me in an exclusive interview. "I still have some stuff to wrap up in California and coronavirus obviously disrupted everyone's plans, but I'm excited to finally move forward with this." More below: https://www.bizjournals.com/dayton/news/2020/03/25/exclusive-new-cafe-bar-coming-to-fire-blocks.html
  2. Investors snatch up properties near Braxton Brewing A group of local investors recently acquired four buildings and a parking lot near Covington’s Braxton Brewing. More below: https://www.bizjournals.com/cincinnati/news/2020/03/24/exclusive-investors-snatch-up-properties-near.html
  3. Ohio State construction projects move forward despite Covid-19 outbreak, early campus move-out Ohio State University has several major construction projects in the pipeline, adding up to at least $2.4 billion over the next five years alone. More below: https://www.bizjournals.com/columbus/news/2020/03/23/ohio-state-construction-projects-move-forward.html
  4. New pizzeria planned for Dayton region A new pizzeria is planned in Shelby County. The restaurant would add to the growing dining scene within the city, which will also welcome a new Italian eatery. More below: https://www.bizjournals.com/dayton/news/2020/03/23/new-pizzeria-planned-for-dayton-region.html
  5. The bottom-left of that photo is screwing with my Photoshop sensibilities. Copy/paste weirdness going on; otherwise, great photo!
  6. Fast-growing taco restaurant plans second Dayton-area location The new restaurant, to be located south of Dayton, is the second location the Columbus-based chain is planning in the region. More below: https://www.bizjournals.com/dayton/news/2020/03/20/fast-growing-taco-restaurant-plans-second-dayton.html
  7. New affordable housing units set for downtown Xenia New apartments are set to come to downtown Xenia, adding utility to vacant space above Xenia Shoe and Leather. The owner of the business, Tim Sontag, has plans to renovate the upper floor of his building, located at 21 E. Main St., into housing units. It's a move he hopes will serve as a model for other building owners downtown. Sontag said the upper floors will have five apartments. Four of those will be one-bedroom apartments, and one will have two bedrooms. More below: https://www.bizjournals.com/dayton/news/2020/03/19/new-affordable-housing-units-set-for-downtown.html
  8. Dayton-area apartment complex to debut this spring A new apartment complex is making its way to the Dayton region, aiming to welcome tenants this May. Parkview Apartments in Huber Heights is expecting move-ins May 1. The apartment complex, located on Brandt Pike and Shull Road, will feature 308 apartments including one-, two- and three-bedroom garden and townhome-style apartments. The apartment complex is currently in construction and is expecting full completion Spring 2021. Metropolitan Holdings, Columbus-based real estate developer, is both the management company and construction company for this project. More below: https://www.bizjournals.com/dayton/news/2020/03/19/dayton-area-apartment-complex-to-debut-this-spring.html
  9. One of Cincinnati’s biggest credit unions moving forward on $28M, much larger HQ Toward the end of 2018, one of Greater Cincinnati’s largest credit unions said it would be building a new headquarters. The rendering shows the eight-story, 147,000-square-foot headquarters Kemba Credit Union will build in West Chester Township. The new facility will be a more than $28 million investment. More below: https://www.bizjournals.com/cincinnati/news/2020/03/18/one-ofcincinnati-s-biggest-credit-unions-moving.html
  10. City to free up parking spaces for restaurant pickup and delivery The city of Cincinnati will make an unspecified number of metered parking spaces available for restaurant pickup and delivery in an attempt to boost the industry while dine-in services are banned by the state in response to the coronavirus disease 2019. Each meter selected will be available for free parking for 15 minutes. It is soliciting input from business owners about where the free zones should be. Businesses that want a pickup and drop-off area near their business should call 513-352-6280 to speak with a parking facilities supervisor or email matthew.hulme@cincinnati-oh.gov. More below: https://www.bizjournals.com/cincinnati/news/2020/03/17/city-to-free-up-parking-spaces-for-restaurant.html
  11. Councilman wants free parking next to restaurants Cincinnati Councilman Chris Seelbach wants the city to offer free pick-up parking spaces next to and near restaurants in the city that currently have metered parking spaces in response to the ban on dine-in eating throughout Ohio because of the coronavirus 2019. Seelbach has introduced a motion directing the administration to use best practices to make the changes, with the amount of time, number of meters affected and other details to be determined. Council is expected to take up the motion today at its 1 p.m. Budget and Finance Committee meeting on Monday, but Seelbach said the administration already is making plans to implement it. More below: https://www.bizjournals.com/cincinnati/news/2020/03/16/councilman-wants-free-parking-next-to-restaurants.html
  12. Neyer Properties selected as developer for 12-acre advanced manufacturing site Neyer Properties Inc., one of the region’s most active commercial real estate developers, has been selected as the preferred developer for a 12-acre advanced manufacturing site. More below: https://www.bizjournals.com/cincinnati/news/2020/03/13/neyer-properties-selected-as-developer-for-12-acre.html
  13. It's now official: Cincinnati Bell acquired Cincinnati Bell has officially agreed to be acquired for $2.9 billion by a New York company. Cincinnati Bell (NYSE: CBB) announced Friday that it has entered into a definitive agreement with Macquarie Infrastructure and Real Assets (MIRA) to be acquired for $2.9 billion, which would pay out $15.50 for every outstanding share of Bell. Cincinnati Bell had originally agreed to be acquired by Brookfield Infrastructure, a Toronto firm that first offered to pay $10.50 per share of Bell, but then upped that to $12.50 after the Cincinnati technology firm got a competing offer. Brookfield upped its offer eventually to $14.50 after MIRA made a bid for the company, but decided to walk away rather than match MIRA's $15.50-per-share offer. More below: https://www.bizjournals.com/cincinnati/news/2020/03/13/its-nowofficial-cincinnati-bell-acquired.html
  14. Godfrey Hotel planned for Corktown in $45 million project A $45 million boutique hotel is expected to rise in Corktown near Michigan Central Station. The seven-story Godfrey Hotel at 1401 Michigan Ave. by Farmington Hills-based Hunter Pasteur Homes and Chicago-based Oxford Capital Group LLC is planned to start construction in the fourth quarter and be complete in time for the North American International Auto Show in the summer of 2022, pending various city approvals. The project, which has been in the works for over a year, would join a crowded field of boutique hotels in varying stages of development in the greater downtown Detroit area. It would also mark the first major new development revealed in the Corktown neighborhood, about two years after it was first reported that Ford Motor Co. was redeveloping the train station on 15th Street and building an autonomous vehicle and electric vehicle campus in the neighborhood. A building on the site, most recently City Cab, that has been vacant for a couple of decades would be torn down to make way for the new project, subject to approval from the Historic District Commission. More below: https://www.crainsdetroit.com/real-estate/godfrey-hotel-planned-corktown-45-million-project?hootPostID=382100cba01c6d992249b907f9172c50
  15. Lafayette Park residential project scaled back over rising construction costs A Novi-based developer says his plan for a Lafayette Park residential development has shrunk due to construction costs. The Lafayette West development on the site of a former Wayne State University pharmacy school is now expected to begin site work this summer at a project cost of $113 million, with 325 residential units — 245 apartments and 80 condos — across multiple buildings. The previous $111 million plan had called for 373 units, with 322 apartments and 51 condominiums, according to a Neighborhood Advisory Council document. A 12-story building that had been planned is also being abandoned in favor of a smaller one. "Construction costs are absurd right now. That's the culprit," said Amin Irving, president and CEO of Ginosko Development Co. The NAC document says the cost per residential unit has risen from $299,700 to $348,600. More below: https://www.crainsdetroit.com/real-estate/lafayette-park-residential-project-scaled-back-over-rising-construction-costs?utm_medium=social&utm_source=twitter&utm_term=crainsdetroit&utm_content=77c0f369-0f29-4e66-b326-d19bd6e71b24
  16. Shuttered Clifton Gaslight restaurant to reopen with new owners A longtime Clifton Gaslight restaurant that closed its doors in February will reopen this spring under new ownership. More below: https://www.bizjournals.com/cincinnati/news/2020/03/12/shuttered-clifton-gaslight-restaurant-to-reopen.html
  17. New bar coming to the former Rook space in OTR A new experiential bar concept that marries craft beer, draft wine and cocktails with food from Southeast Asia and Central South America is coming to the old Rook board game bar space in Over-the-Rhine. Copper and Flame is coming to the former Rook space at 1115 Vine St. in Over-the-Rhine with the goal of opening by July. The bar boasts 52 taps of craft beer, along with 10 draft cocktails and 10 draft wines in an innovative system that allows patrons to pour their own drinks. Copper and Flame is a project by Kathy O'Connell, formerly of Revolution Rotisserie, and Brandon Hughes, co-founder of Pleasant Ridge's Nine Giant Brewing Co. More below: https://www.bizjournals.com/cincinnati/news/2020/03/12/new-bar-coming-to-the-former-rook-space-in.html
  18. North Market now filled with opening of latest addition Bagels have filled the last hole at the North Market. Block’s Bagels is now open in the historic Columbus market. The arrival of the equally historic local bagel deli name was announced in January. It held a soft opening early this week to make sure its operations were smooth and will celebrate its grand opening Friday and through the weekend. “We could not be more excited to officially welcome Block’s to our best-in-class culinary community,” North Market Executive Director Rick Harrison Wolfe said in a news release. More below: https://www.bizjournals.com/columbus/news/2020/03/12/north-market-now-filled-with-opening-of-latest.html
  19. New meadery to open this summer in Lebanon A unique concept centered around an ancient beverage will soon make its way to (Lebanon). Dysfunctional Delights Meadery is slated to open this summer in Warren County. More below: https://www.bizjournals.com/dayton/news/2020/03/12/new-meadery-to-open-this-summer-in-dayton-area.html
  20. Former Councilwoman Dennard indicted Former Cincinnati Councilwoman Tamaya Dennard has been indicted by a federal grand jury on public corruption charges, the U.S. Attorney's office announced Wednesday. The indictment contains no additional details on Dennard's alleged offenses, but does charge her with seven counts total of honest services wire fraud, bribery concerning programs receiving federal funds and attempted extortion. More below: https://www.bizjournals.com/cincinnati/news/2020/03/11/former-councilwoman-dennard-indicted.html
  21. NASIC director gives new updates on $182M expansion at Wright-Patt The largest single-site construction project in the history of Wright-Patterson Air Force Base hit some major milestones in the last year, setting the stage for construction to ramp up in 2020. More below: https://www.bizjournals.com/dayton/news/2020/03/11/exclusive-nasic-director-gives-new-updates-on-182m.html
  22. UC selects design, construction team for $86.5 million project The University of Cincinnati has selected the design and construction team for a more than $86 million project on its Uptown campus. Messer Construction, along with partner D.A.G. Construction, will build the $86.5 million Clifton Court Hall project on UC's main campus. More below: https://www.bizjournals.com/cincinnati/news/2020/03/11/exclusive-uc-selects-design-construction-team-for.html
  23. Developer Selected for 50-Acre Whitehall Development A developer is now in place to shepherd a major mixed-use project at the northeast corner of Hamilton Road and East Broad Street. The City of Whitehall announced today that Florida-based NR Investments has been chosen to develop the 50-acre site, which is comprised of the former Woodcliff Condos as well as a portion of the former Four Seasons Golf Center at 5000 E. Broad St. Zach Woodruff, the city’s Economic Development Director, said that the site could eventually accommodate between 600 and 1,000 residents and over 200,00 square feet of commercial space. Tasked with creating a master plan for the development will be DPZ (also Florida-based), the planning firm best known for pioneering the concept of New Urbanism. More below: https://www.columbusunderground.com/developer-selected-for-50-acre-whitehall-development-bw1 & https://www.bizjournals.com/columbus/news/2020/03/11/whitehall-plans-250m-revival-of-golf-dome-property.html
  24. Proposed Italian Village apartment complex embraces industrial vibe A new mixed-use development in Italian Village will have a distinctly industrial flavor, per new images revealed to the neighborhood commission. A look at the 175-unit apartment project proposed at 274 First Ave. More below: https://www.bizjournals.com/columbus/news/2020/03/11/first-look-proposed-italian-village-apartment.html
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