Jump to content
Sign in to follow this  
Guest dfly

Dayton: Grafton Hill / McPhersontown: Development and News

Recommended Posts

Oh that's nice looking! Finally a condo for Dayton to be proud of! Where did you get this Billy? Is there a larger rendering?

 

I know people... :wink2:  Unfortunately this is the best pic I could get (sorry, it isn't great).

 

One thing we should remember is that this is just a rendering - if it does get built then it may end up very different.  The people I've talked to say that the developer is a bit of a mystery, though Pinnacle is a reputable firm.  Let's hope that this project actually sees shovel in the dirt next year.

Share this post


Link to post
Share on other sites

Well, the one thing I noticed is that Messer's name is on the rendering. That makes me feel much better about the chances of this project going up. Guess it's just wait and see now.

Share this post


Link to post
Share on other sites

If it's built with quality building materials then good...if not then bad, but that just about holds true for any design in my opinion.  Overall it is something different for the Midwest, and especially different for Dayton.  That in and of itself can be a very good thing...especially when dealing with ingrained perceptions.

Share this post


Link to post
Share on other sites

Absolutely nothing. Looks like to be another dead project...then again Ballpark Village is all but dead, so who knows.

 

BTW, sorry about the delay in posting. Been a busy summer! ;-)

Share this post


Link to post
Share on other sites

Good news! This project is still going. Just drove by the site this evening and there is a sign now erected for this project! Took a couple pics, I'll post later this evening.

 

Please move this out of abandoned projects, thanks.

 

:clap:

Share this post


Link to post
Share on other sites

I can't get the pics uploaded to Urban Ohio from my PDA, so as soon as I get a chance to transfer the pics to my PC, I'll get them posted.

 

It's basically the same rough sketch we have seen already, so nothing new there, but it does have leasing and sales information listed, so that is good news.

 

My guess is they are going to see how much they can pre-fill before they go full swing with this. I would like to know what percentage they want to do before going forward. Hopefully we'll hear something soon.

Share this post


Link to post
Share on other sites

Cool looking building.  Anyone hear rumors thats Dayton & Cincy are combining or at least are "trying" to combine to form a large Cincinnati/Dayton metropolis.  Ya know, similar to what happened with Dallas and Ft. Worth? it's just that northern Cincy is booming with all the suburb crap.

Share this post


Link to post
Share on other sites

Cool looking building.  Anyone hear rumors thats Dayton & Cincy are combining or at least are "trying" to combine to form a large Cincinnati/Dayton metropolis.  Ya know, similar to what happened with Dallas and Ft. Worth? it's just that northern Cincy is booming with all the suburb crap.

 

Yes, http://www.urbanohio.com/forum2/index.php/topic,12190.0.html

Share this post


Link to post
Share on other sites

Seeing the sign makes me happy and gives me a little hope that this project just might happen, and I'd be elated if it did. But given the economy, my fear is that it won't

 

Normally I would agree, but in this case, Dayton doesn't really have a high end condo highrise overlooking the river and I think that may be very attractive to young professionals working in the CBD.

Share this post


Link to post
Share on other sites

Seeing the sign makes me happy and gives me a little hope that this project just might happen, and I'd be elated if it did. But given the economy, my fear is that it won't

 

Normally I would agree, but in this case, Dayton doesn't really have a high end condo highrise overlooking the river and I think that may be very attractive to young professionals working in the CBD.

 

I hope it goes through! It would be awesome for Dayton if it did happen.

 

Share this post


Link to post
Share on other sites

^Great question

 

With GM going bankrupt and companies like Iams/NCR/Cooper Tire relocating, I can't see how lenders would think Dayton could support this.


"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

Share this post


Link to post
Share on other sites

^Great question

 

With GM going bankrupt and companies like Iams/NCR/Cooper Tire relocating, I can't see how lenders would think Dayton could support this.

 

What about the 1200 jobs that will be relocating to Wright Patterson, along with an undetermined amount of contractors (estimated 1000 or more). Those will be higher paying than any warehouse jobs at Cooper tire, or back office jobs at NCR. The Iams employees are not losing their jobs, they will just move to a different facility. Cooper says it will add jobs to its other factories after the Albany Georgia plant is closed, eliminating 1400 jobs and offering some the option to transfer.

Share this post


Link to post
Share on other sites

^ Those companies (NCR, Cooper) also employed higher paid managers, executives. My point was Dayton is bleeding companies and I'd be surprised if this gets built without 75% pre-sale commitments.

 

A friend of mine has one of those new positions at WPAFB. He'll be commuting from Columbus.

 

Cooper can't add jobs to a warehouse they no longer use...


"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

Share this post


Link to post
Share on other sites

^ Those companies (NCR, Cooper) also employed higher paid managers, executives. My point was Dayton is bleeding companies and I'd be surprised if this gets built without 75% pre-sale commitments.

 

A friend of mine has one of those new positions at WPAFB. He'll be commuting from Columbus.

 

Cooper can't add jobs to a warehouse they no longer use...

 

Cooper is offering some of the georgia workers transfers to other factories, not the warehouse (reread post above). Every business employs higher paid managers, even fast food... All the jobs transferring to Wright Patterson are high paying, including the contractors. My point was that those jobs have been replaced, with higher paying jobs none the less. This condo project does not hinge on any one company not directly related to the project, if that were the case nothing would ever be built in this country. If you haven't noticed, america is in a real financial pinch, how could you expect this project to start when projects across the country have halted during construction.

Share this post


Link to post
Share on other sites

Cooper offering these transfers is great and all, but there isn't a factory in Dayton. Only an empty warehouse that sits for sale.

 

AGAIN, my point has been that Dayton continues to lose companies. With or without America's "financial pinch", this project is a long shot.

 

And to those jobs transferring to WPAFB, in Greene County, great! It'll have little effect on Downtown Dayton and more of an effect on the likes of Beavercreek, Riverside, Yellow Springs.


"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

Share this post


Link to post
Share on other sites

You guys remember that this is URBAN Ohio, right? Not "bash the promising-looking but dead at the moment" city in our state.com. Look, this project probably won't happen, but I would be thrilled if it did. We Daytonians (or Daytonnatians, as I guess we should be called now) need something bright and new to look to for some hope that doesn't lie within 10 miles of the Ohio River or in a suburb.

 

Let us have our moment.

Share this post


Link to post
Share on other sites

You guys remember that this is URBAN Ohio, right? Not "bash the promising-looking but dead at the moment" city in our state.com. Look, this project probably won't happen, but I would be thrilled if it did. We Daytonians (or Daytonnatians, as I guess we should be called now) need something bright and new to look to for some hope that doesn't lie within 10 miles of the Ohio River or in a suburb.

 

Let us have our moment.

 

Ahhh.... Coming from one who lived in the area back in the late 80's through the early 90's, good luck on having your moment. I hope Dayton can bounce back someday but I wouldn't hold my breath.

Share this post


Link to post
Share on other sites

You guys remember that this is URBAN Ohio, right? Not "bash the promising-looking but dead at the moment" city in our state.com. Look, this project probably won't happen, but I would be thrilled if it did. We Daytonians (or Daytonnatians, as I guess we should be called now) need something bright and new to look to for some hope that doesn't lie within 10 miles of the Ohio River or in a suburb.

 

Let us have our moment.

 

This post baffles me. Why would you want some yuppie condos to be built at the height of the real estate crisis?  The cost of real estate is plummeting, particularly in Dayton, Ohio.  Why would anyone buy a condo in a vacant downtown for $200,000 when they can get an estate in the suburbs for 110,000?  There is clearly no market for this product. 

 

Wouldn't the investor's money be better spent on a project that is economically viable (that the community wants)?

 

Share this post


Link to post
Share on other sites

It clearly mimics the old YMCA Building but hey, Grafton Hill has a nice view of the city so why not.


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

Share this post


Link to post
Share on other sites

Looks like this might be back online:

 

http://www.daytondailynews.com/news/news/riverfront-condo-tower-reapproved-by-city/nc6P5/

 

 

And I don't think it was linked before, but here is the project website. If their financials they posted are correct, it looks like it is pretty solid

 

http://thevisionatriversedge.com/

 

So Cool.  This will be very nice. 

 

Share this post


Link to post
Share on other sites

Dayton Art Institute kicks off $2.2M in construction

 

img3608*750xx4320-2427-0-0.jpg

 

Dayton Art Institute is moving along with $2.2 million in planned construction at its Dayton campus.

 

The institute says the facility upgrades underway are an effort to prepare for the 2019 centennial celebration for DAI. Funding for its upgrades was made possible by money from the 2014 state capital appropriations bill.

 

More below:

http://www.bizjournals.com/dayton/blog/2016/02/dayton-art-institute-kicks-off-2-2m-in-constructio.html


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

Share this post


Link to post
Share on other sites

Grafton Hill housing project could be ready by fall

 

screen-shot-2016-06-28-at-40059-pm*750xx678-381-0-11.png

 

A project to renovate two historic homes in Grafton Hill Historic District to serve temporary tenants could be ready for guests this fall.

 

A $513,000 residential project in the northwest Dayton historic neighborhood was approved for $106,000 in historic tax credits from the Ohio Development Services Agency.

 

More below:

http://www.bizjournals.com/dayton/blog/morning_call/2016/06/grafton-hill-housing-project-could-be-ready-by.html


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

Share this post


Link to post
Share on other sites

Investors buy Grafton Hill apartments for $1.4 million

 

pic-522-grand-ave-web*750xx1600-901-0-0.jpg

 

An investment group bought a portfolio of Grafton Hill apartments for $1.4 million with plans to extensively renovate the buildings.

 

With the 10-story Commodore Apartments as the portfolio flagship, H&MG Acquisitions bought four multi-family properties in the Dayton neighborhood in a sale that closed Thursday.

 

More below:

http://www.bizjournals.com/dayton/news/2016/07/22/investors-buy-grafton-hill-apartments-for-1-4.html


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

Share this post


Link to post
Share on other sites

:clap:

 

Dayton Art Institute seeks to reopen historic front staircase

 

daytonartinstitutephoto-by-ken-miller*750xx4260-2396-0-166.jpg

 

The Dayton Art Institute wants to reopen its historic front staircase to the public, but it could be an expensive job.

 

The museum hopes to renovate and reopen the prominent, mulit-story front staircase and its water fountain on the eastern facade of its Belmonte Park building. Once the main entrance of the museum, that entrance is no longer open to the public, with its main entryway instead shifted to the western side of the museum near the parking lot.

 

More below:

http://www.bizjournals.com/dayton/news/2016/11/29/dayton-art-instituteseeks-to-reopen-historic-front.html


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

Share this post


Link to post
Share on other sites

It's such a grand entryway but it needs a LOT of work. The frescoes in the upper balcony are crumbling away and that staircase seems to be on the verge of falling down the hill. It'll be so nice to have that area all fixed up.


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

Share this post


Link to post
Share on other sites

This is in Five Oaks but this thread works for that...

 

$1.2M project to improve Dayton charter school campus

 

img1910-deca-prep*750xx2400-1350-0-130.jpg

 

A Dayton charter school is preparing to start the second phase of a $1.2 million campus project, aided by state funding for high performing charters.

 

DECA Prep was awarded a $778,000 one-to-one match for the project at the 200 Homewood Ave. elementary school that will add 4,000 square feet of space and connect two existing buildings, said Superintendent Judy Hennessey.

 

More below:

http://www.bizjournals.com/dayton/news/2016/12/07/1-2m-project-to-improve-dayton-charter-school.html


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

Share this post


Link to post
Share on other sites

Dayton Art Institute completes wing renovation

 

gallery213european*750xx2160-1215-0-165.jpg

 

The Dayton Art Institute is reopening a wing today that has been under renovation.

 

The Berry Wing of European Art opens at 11 a.m. following gallery renovations, according to a press release from the museum.

 

More below:

http://www.bizjournals.com/dayton/news/2017/01/04/dayton-art-institute-completes-renovation.html


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

Share this post


Link to post
Share on other sites

$6M proposal could bring Dayton apartments back to life

 

pic-522-grand-ave-web*660xx1600-901-0-0.jpg

 

The owner is seeking tax credits to help finance a renovation of the building.

 

More below:

http://www.bizjournals.com/dayton/news/2017/04/19/6m-proposal-could-bring-dayton-apartments-back-to.html


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

Share this post


Link to post
Share on other sites

Dayton Art Institute seeks $2.5M to renovate historic building

 

photos.medleyphoto.8730259.jpg

 

The project would complete the hillside/historic stairs renovation, and replace the original lower-level gallery windows in an effort to protect the institute's collections.

 

More below:

https://www.bizjournals.com/dayton/news/2017/12/01/dayton-art-institute-seeks-2-5m-to-renovate.html


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

Share this post


Link to post
Share on other sites

Dayton Art Institute investing millions in restoration efforts ahead of centennial

 

dai-exterior-steps*750xx4796-2698-0-9.jpg

 

As the Dayton Art Institute readies for its centennial, museum leaders are drawing up plans – and drumming up the funds — to restore many historical features to their original glory.

 

More below:

https://www.bizjournals.com/dayton/news/2018/09/06/dayton-art-institute-investing-millions-in.html


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

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...