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Dayton: Webster Station: Development and News

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City to grant $500K for downtown Dayton hotel

 

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A new $15 million hotel project in downtown Dayton could get a $500,000 boost from the city.

 

Dayton city commission will vote this week to approve a development agreement with the developers of downtown's Water Street District, through an LLC, for a grant to support the six-story, 97-room Fairfield Inn & Suites hotel planned on the corner of East Monument Avenue and North Patterson Boulevard, immediately south of the district's office building.

 

More below:

http://www.bizjournals.com/dayton/news/2017/05/01/city-to-grant-500k-for-downtown-dayton-hotel.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Construction begins on new downtown hotel

 

Ground has been broken and construction has started on the new Fairfield Inn and Suites in downtown Dayton. It’s to be the first new downtown hotel Dayton has seen in “quite a while,” said Ford Weber, city of Dayton economic development director.

 

Marriott announced early last year that it had awarded a 115-room Fairfield Inn and Suites franchise to the developers of the burgeoning Water Street section of downtown, Crawford Hoying and Woodard Development.

 

More below:

http://www.mydaytondailynews.com/business/construction-begins-new-downtown-hotel/QIKfxJ73lFDqFDjyXnhcDK/

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While I'm happy for the new hotel, I WOULD like to see the old Hilton (aka Doubletree aka whatever it became afterwards) renovated into something.


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Ludlow between 3rd and 5th in general just needs a huge shot in the arm. Maybe if the Arcade ends up being successful it'll bump up the demand for more residential over that way.


“To an Ohio resident - wherever he lives - some other part of his state seems unreal.”

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New apartments coming to downtown Dayton

 

A former industrial property in the Water Street District will soon become an apartment building with 100 units, along with on-site parking.

 

Developers Crawford Hoying (from near Columbus) and Dayton-based Woodard Development will demolish the current building at 507 E. First Street next spring and begin construction on the apartments.

 

More below:

https://www.bizjournals.com/dayton/news/2017/09/07/new-apartments-coming-to-downtown-dayton.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Water Street is really starting to grow! Definitely seems to be turning into an actual neighborhood, and I hope more businesses start to spring up in that area following all the housing. I know there was a new coffee shop that just opened around that way recently.

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Ludlow between 3rd and 5th in general just needs a huge shot in the arm. Maybe if the Arcade ends up being successful it'll bump up the demand for more residential over that way.

The proposals are in to the city for the DDN/Schwind site after the disaster that happened last time but I'm sure that's still a couple years out from turning into anything. What I'd love to see someday is for the horrible cladding to come off the former Reynolds complex to expose the awesome old buildings that are still under there. I do hope the Arcade is still coming along; it's been a bit quiet as of late.

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Water Street is really starting to grow! Definitely seems to be turning into an actual neighborhood, and I hope more businesses start to spring up in that area following all the housing. I know there was a new coffee shop that just opened around that way recently.

 

It is! If the momentum keeps up I'm betting a low of the industrial in that area will be churned up and turned into residential just like what has happened to the Dayton Supply building.

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New initiative aims to enhance Dayton's riverfront area, attract businesses

 

The Webster Station Landing project, a component of the Dayton Riverfront Plan, would connect Mad River with the emerging Webster Station neighborhood while creating an adjacent public open space designed to attract recreation, retail and restaurant venues near the waterway.

 

More below:

https://www.bizjournals.com/dayton/news/2017/11/30/new-initiative-aims-to-enhance-daytons-riverfront.html

 

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"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Big projects in Cincinnati, Dayton at the forefront for Crawford Hoying in 2018

 

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Dayton

 

There, the developer will continue with the next phase of its Water Street District – a mixed-use project it has been building since 2013 with Dayton partner Woodard Development. That project has grown to more than $92 million in development.

 

"Markets like Dayton are really ready for this kind of development, and it was a lesson for us, too, which we can take to other cities," Yoder said.

 

It took more than a year for the company to land financing for the first phase of the Water Street district project, which involves 219 apartments and a 50,000-square-foot office building by the city's downtown riverfront.

 

More below:

https://www.bizjournals.com/columbus/news/2018/01/11/big-projects-in-cincinnati-dayton-at-the-forefront.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Developer to transform historic downtown building into office space

 

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A downtown Dayton developer will breathe new life into long-vacant property in the Webster Station neighborhood.

 

The five-story downtown Dayton building at 607 E. Third St., formerly the site of Lotz Paper Company, was recently acquired by Woodard Development.

 

Jason Woodard, founder and principal of Woodard Development, said the firm plans to renovate and transform the building into new office spaces.

 

More below:

https://www.bizjournals.com/dayton/news/2018/02/06/developer-to-transform-historicdowntown-building.html

...

http://www.daytondailynews.com/news/breaking-news/big-downtown-dayton-developer-turn-empty-property-into-offices/R98TVp13atbxqvFCqnjzpL/


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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I put this on City-Data too, but given the fact that the forumers there aren't as... ~enlightened~ as UO'ers I figured I'd re-post to get some thoughts:

----

I'm looking forward to this development.

 

I'm going against the grain here for sure, but I think Woodward Development hit the nail on the head by seeing the need for more Class A office space downtown. A lot of the suburban office parks are aging, workspaces are changing, and now is the time to poach offices from the suburbs of our city or others to move downtown.

 

So much of the office space is Class B/C and upgrades would require significant time & money investments that I think those willing to make the renovations and conversions will be rewarded with great tenants for years to come.

 

That being said, still keeping my fingers crossed for Grant Denau being turned into fabulous mid-century modern styled Condos.

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Seconded on the Grant-Deneau Tower... it has so much more character than a lot of other skyscrapers from the same time period.

 

As for this development, I'm hoping that if it proves a strong draw that it'll help serve as a catalyst that leads to more "stuff" to make the strange mix of residential and light industry between 3rd and the Ballpark into a more cohesive area, so that there's more of a flow between Webster Station, Water Street, and even Tech Town.


“To an Ohio resident - wherever he lives - some other part of his state seems unreal.”

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If/when Grant-Deneau gets redeveloped, I hope they return it to the original black and white.

 

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"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Ballpark-area apartments coming to downtown Dayton

 

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The demand for downtown Dayton housing shows no signs of slowing down. Developers have shed light on their latest project, a new apartment building in the Water Street District near Fifth Third Field.

 

The apartment building — called Centerfield Flats — will be located at 507 E. First St., the former Dayton Supply & Tool site. The project will draw even more residents to the city core, which is in the midst of a renaissance.

 

The five-story, 120,000-square-foot building will house 112 units, as well as feature first-floor restaurant space. The units will range from 532-square-foot studios to three-bedroom units with more than 1,700 square feet.

 

More below:

https://www.bizjournals.com/dayton/news/2018/05/15/ballpark-area-apartments-coming-to-downtown-dayton.html

 

https://www.daytondailynews.com/news/local/great-views-ballpark-new-apartments-coming-downtown-dayton/g7Krb4wfCMz1hnIsI1BdnO/


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Oh SNAP! This is what I'm talking about! Good size, and I don't totally hate the style of it, if the brick looks ok.


“To an Ohio resident - wherever he lives - some other part of his state seems unreal.”

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Downtown Dayton architecture firm to expand facility, plans new hires

 

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An architecture firm in downtown Dayton's historic Webster Station neighborhood will soon triple the size of its facility.

 

More below:

https://www.bizjournals.com/dayton/news/2018/08/08/downtown-dayton-architecture-firm-to-expand.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Developer eyes $5M mixed-use project in downtown Dayton

 

A local developer is looking to transform a downtown Dayton building into rehabilitated space that would support technology and innovation.

 

More below:

https://www.bizjournals.com/dayton/news/2018/09/17/developer-eyes-5m-mixed-use-project-in-downtown.html

 

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"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Webster Station is really looking like the hot spot for greater downtown! The new hotel is about to open, the new ballpark apartments are under construction, and these two buildings would be great for helping connect 2nd St. Market to the Cannery.

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Downtown Dayton's first new hotel in decades opens

 

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For the first time in decades, a new hotel has opened in downtown Dayton.

 

The Fairfield Inn & Suites Dayton in downtown's Water Street District is now open, according to officials of Shaner Hotels. The hotel management company operates the Fairfield Inn & Suites and also co-owns the hotel, alongside Columbus real estate company Crawford Hoying. Fairfield Inn is part of Marriott International.

 

This hotel marks the duo's third joint venture project together, and Shaner Hotels' fourth Ohio hotel opening.

 

The project further cements a rebirth underway in the city core. The new hotel rides a wave of new residential options, two new performance venues, as well as a slew of development projects throughout downtown Dayton.

 

More below:

https://www.bizjournals.com/dayton/news/2018/10/11/downtown-daytons-first-new-hotel-in-decades-opens.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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City considers tax incentive for new mixed-used facility downtown

 

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The city of Dayton is considering tax incentives for a new mixed-used facility in the Webster Station area near downtown.

 

The Department of Economic Development is requesting the Dayton City Commission adopt an ordinance to authorize a Community Reinvestment Area agreement for the new facility at 537 E. Monument Ave.

 

If approved, the CRA would aid Dayton-based Woodard Development in constructing a two-story, 25,000-square-foot building on the property. The site is located next to Requarth Co. and is across the street from Fifth Third Field. The project is a partnership between Woodard and Columbus-area development firm Crawford Hoying.

 

The CRA application submitted to the city requests a 15-year, 100 percent tax abatement on the increase in assessed value of the property as a result of the project. Also included in the CRA is a compensation agreement with the Dayton City School District.

 

More below:

https://www.bizjournals.com/dayton/news/2019/05/14/city-considers-tax-incentive-for-new-mixed-used.html

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"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Self-storage facility planned in Webster Station

 

A recently sold downtown Dayton warehouse property will soon become a self-storage hub. 

 

The building at 535 E. Third St. was sold May 10 for $1 million to Platform III-Third LLC, according to Montgomery County property records. The limited liability company is affiliated with Northbrook, Illinois-based Coda Management Group, a real estate investment firm specializing in warehouse properties.

 

Scott Krone, managing partner at Coda Management Group, said the company plans to convert the vacant property into a self-storage facility. Krone said Coda is working on plans and permits for the 86,640-square-foot building and hopes to have the project completed by late 2019 or early 2020.

 

More below:

https://www.bizjournals.com/dayton/news/2019/05/17/self-storage-facility-planned-in-webster-station.html

 

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"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Developer buys downtown warehouse property for $375K

 

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A warehouse property in Dayton's Webster Station neighborhood has been sold to a local developer.

 

The building at 419 E. Third St. was sold May 17 for $375,000 to Law 431 Third LLC, which shares a mailing address with Dayton-based Woodard Development, according to Montgomery County records. The development firm currently has a number of projects in the works in downtown Dayton, including the Avant-Garde building at 607 E. Third St., also in Webster Station.

 

Representatives from Woodard Development could not be immediately reached for comment regarding possible plans for the building, which neighbors the Cannery Lofts Apartments.

 

More below:

https://www.bizjournals.com/dayton/news/2019/05/22/developer-buys-downtown-warehouse-property-for.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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