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Kettering could purchase 305 acres at Miami Valley Research Park

Published: Friday, May 19, 2017 @ 5:07 PM


            City of Kettering will purchase 305 acres of the Miami Valley Research Park for $1.5 million. FILE
City of Kettering will purchase 305 acres of the Miami Valley Research Park for $1.5 million. FILE

In a push to attract new businesses to the city, Kettering could soon buy 305 acres of the land in the Miami Valley Research Park.

The city is expected to approve a contract Tuesday to purchase the undeveloped land in the Kettering portion of the giant commercial business park. The non-profit foundation, Miami Valley Research Foundation, that runs the development has been looking to sell off land and buildings.

Gregg Gorsuch, Kettering’s economic development manager, told the Dayton Daily News that if council agrees to the contract, the city would close on the deal in July. He said the deal will cost the city $1.5 million at closing, and could go up to $3 million if certain deed restrictions are lifted. The deal does not include any buildings already standing.

One of those major deed restrictions requires any business that moves into the park to be science or research-oriented. Gorsuch said the purchase would allow Kettering to lure in new businesses and help current businesses expand within city limits — a major economic driver.

» INITIAL REPORT: Kettering to purchase 305 acres of Miami Valley Research Park

“The biggest restriction is the requirement for any business operation going out there having to have a research and development component to it,” he said. “It’s fine, we can do that, but it would open it up to more business opportunities if it was lifted.”

If the restrictions are removed, the city would then be able to utilize its locally controlled zoning codes to work with prospective businesses, said Stacy Wall Schweikhart, city spokeswoman.

The business park spans 1,250 acres in Kettering and Beavercreek and is home to some of the Miami Valley’s largest companies, including Reynolds and Reynolds. In October, the Dayton Daily News reported that the Miami Valley Research Foundation was looking to sell four buildings and more than 700 acres of undeveloped land valued at $30 million.

In the early 1980s, the state granted more than 600 acres of land and $20 million to develop a business park that would focus on research, scientific, academic and related organizations. Later, more land was purchased in Beavercreek to bring the total to 1,250 acres — that land does not have a deed restriction that the original land has, which stipulates what type of company can acquire residence within the park.

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Land Holding LLC will assume ownership of the four existing buildings from the foundation. The University of Dayton, Wright State University, and Sinclair Community College will continue to lead efforts, in collaboration with regional leaders, to attract innovative new organizations to the complex, according to a statement.

Local college presidents from Sinclair Community College, the University of Dayton and Wright State University are permanent trustees of the foundation, and they now say the park should transition into a new phase — with new ownership of the land, different leadership in the foundation, and a loosening of property deed restrictions.

WSU, Sinclair and UD presidents are permanent Class A trustees, and MVRF board chair Steve Johnson said they don’t see the need for presidents to be required leaders of the foundation. It would require state action to officially take the presidents off the board.

“The Miami Valley Research Foundation Board is pleased with this news, both for what it means for our community and for the future of the Miami Valley Research Park,” Johnson said. “This investment provides an excellent opportunity for economic development for the future of our community and also provides the Research Park with the stability needed to move forward. This is a great day for all parties involved.”

The original purpose was to promote scientific and technology-based work within higher education while creating a tighter knit community of local universities. Johnston told this newspaper in a previous interview that the recession had impacted the economic health of the park, and it was difficult to use the same business model the park was founded under.

As the economy bounces back, the land will open new opportunities for the city, said Kettering Mayor Don Patterson. He said the universities worked graciously with the city to execute the land purchase.

“Reinvestment in the Miami Valley Research Park is essential to the long term growth and stability of our region,” Patterson said. “As a land-locked community, the opportunity to acquire green space appropriate for commercial development is rare and one we couldn’t pass up. We are confident that this is a wise investment for the future of Kettering.”

BY THE NUMBERS

1,250: total acres in the park

$410 million: amount of capital investment in park development

22: total buildings in the park

450: total acres developed in the park

4,000+: workers in the park at various companies

Shook Construction may move to new HQ

Published: Wednesday, August 23, 2017 @ 11:59 AM
Updated: Wednesday, August 23, 2017 @ 1:05 PM

The Roger Glass Stadium at Chaminade Julienne High School is one of many construction projects spearheaded by Shook Construction over the decades. Shook’s current Dayton offices are for sale, and the company may soon announce a move to a new headquarters. THOMAS GNAU/STAFF
The Roger Glass Stadium at Chaminade Julienne High School is one of many construction projects spearheaded by Shook Construction over the decades. Shook’s current Dayton offices are for sale, and the company may soon announce a move to a new headquarters. THOMAS GNAU/STAFF

The Shook Construction headquarters building on Northcutt Place is on the market, and the company may be looking at a move to Moraine, according to city documents.

Moraine City Council on Thursday will consider entering into a development agreement with Shook Construction for relocation and improvement of a corporate building at 2000 W. Dorothy Lane.

The agreement, as outlined in a council meeting agenda, would have the city “make annual rebate payments to Shook, Inc., reporting an aggregate payroll for a five-year period of at least ... $4,000,000.00 for each of the five years.”

A Shook spokeswoman could not offer details Wednesday, but she said the company may have more to say on the matter in about two weeks.

RELATEDShook shapes Dayton in 90 years of construction

“Nothing has been finalized,” said spokeswoman Linda Dininger. “We’re not under contract yet.”

The website for Mark Fornes Realty lists the three-story, 26,000-square-foot Dayton office building for $699,000.

RELATEDLack of skilled construction workers slowing local projects

The company has had a role in an array of major Dayton-area construction projects over the decades, working either as general contractor or construction manager for Wright State University’s Erwin J. Nutter Center, Atrium Medical Center in Middletown, Miami Valley Hospital South Bed Tower Addition, GE Aviation’s EPISCenter on the University of Dayton campus and many other projects.

Three well-known speakers named to new Dayton leadership series

Published: Wednesday, August 23, 2017 @ 9:15 AM
Updated: Wednesday, August 23, 2017 @ 12:33 PM


            Cy Wakeman
Cy Wakeman

In a push to cultivate leadership talent and bring more people downtown, major Dayton players including the Victoria Theatre Association and the University of Dayton Center for Leadership will partner to create a new speaker series that will bring well-known national business leaders to the region.

The series is a partnership between the UD Center for Leadership, the Dayton Development Coalition and the Victoria Theatre Association and is sponsored by Premier Health. The three speakers are leaders who “inspire shared thinking and encourage life-long learning, collaboration, inclusiveness and innovation, according to the organizations.

National business leaders Cy Wakeman, Tim Sanders and Jon Gordon will be the speakers in the first University of Dayton Center for Leadership Speaker Series, organizers announced today.

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“Whenever the Dayton Development Coalition meets with companies, they want to know ways they can engage their employees in meaningful training that goes beyond basic skills,” said Jeff Hoagland, president and CEO of the Dayton Development Coalition. “This leadership speaker series will give our regional talent a unique opportunity to learn new ways to approach their work, enrich their lives, and come to work the next day ready to tackle new challenges.”

Wakeman, who will speak Oct. 17, is a New York Times best-selling author and international keynote speaker with over 25 years experience cultivating a revolutionary new approach to leadership, according to her website biography. She was named one of the “Top 100 Leadership Experts to Follow” on Twitter.

Wakeman’s newest book, “No Ego,” points out that ego-driven behaviors are the No. 1 source of drama in workplaces today, and it’s costing organizations billions annually.

Sanders, who will speak Feb. 6, also is a New York Times bestselling author, public speaker, and former Yahoo! executive. In 2005, he founded Deeper Media, which provides consulting and training services for leading companies, trade associations and government agencies.

Gordon, who will speak April 11, is the author of 17 books including five best-sellers: The Energy Bus, The Carpenter, Training Camp, You Win in the Locker Room First and The Power of Positive Leadership.

The speaking engagements will take place at the Victoria Theatre in downtown Dayton. Tickets for the series go on sale Monday, Aug. 28 and can be bought online ticketcenter.stage.com. Prices start at $37 and VIP tickets at $95.25.

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Local companies win millions of dollars in defense contracts

Published: Wednesday, August 23, 2017 @ 12:11 PM


            An F/A-18 Super Hornet performs at the Vectren Dayton Air Show in June. GE Aviation operations in Vandalia produce alternative generators for the fighter jet. TY GREENLEES/STAFF
            Ty Greenlees
An F/A-18 Super Hornet performs at the Vectren Dayton Air Show in June. GE Aviation operations in Vandalia produce alternative generators for the fighter jet. TY GREENLEES/STAFF(Ty Greenlees)

Two Dayton area defense contractors have landed millions of dollars in new work, according to the Department of Defense.

GE Aviation was awarded a $11.7 million contract to produce alternative generators at its Vandalia factory for the F/A-18 Super Hornet fighter jet.

The facility employs about 350 workers, but no new jobs were expected under the contract. In recent years, however, the Vandalia location has added about 50 employees with a rise in commercial and military sales., according to company spokeswoman Jennifer Villarreal.

The Defense Logistics Agency awarded the sole source bid contract, which runs through November 2019. GE Aviation produces the 414 jet engines that power the fighter jet. The Navy flies the aircraft carrier-based plane.

RELATED: Dayton defense firm plans to double headquarters jobs in move to Miamisburg

GE Aviation reported $26 billion in annual revenue last year with more than 45,000 employees at 80 sites worldwide, including 25,000 U.S. employees at 47 locations. The company has reported an industrial backlog of $150 billion.

Trimble Inc. won a $9.8 million Navy contract to produce laser leveling systems, Global Position Satellite systems, and Army road grader kits, among other items for the Marine Corps System Command in Quantico, Va., according to the Defense Department.

The contract runs through next March, part of an existing five-year deal reached in 2013. The construction grade and survey equipment is used on Army and Marine Corps heavy construction machines, such as road graders and bulldozers and scrapers, according to spokeswoman Lea Ann McNabb, a company spokeswoman.

Trimble employs more than 475 employees in Dayton, she said.

RELATED: Air Force testing light-attack plane

Trimble reported nearly $2.4 billion in revenue in fiscal year 2016 and has more than 20 U.S. locations and operates in 35 countries, according to its website. The company is located at 5475 Kellenburger Road, Dayton.

JOBS: ‘Project SoHo’ to bring 150 warehouse jobs to Fairborn

Published: Wednesday, August 23, 2017 @ 10:50 AM


            The city of Fairborn logo. CONTRIBUTED
The city of Fairborn logo. CONTRIBUTED

A new distribution warehouse will bring 150 new jobs to Fairborn, according to City Manager Rob Anderson.

Construction on the 150,000 square foot facility on Spangler Road near Ohio 444 is already underway, though a ceremonial groundbreaking will likely come within the month, Anderson said.

Details on who will operate the facility are still unclear. Last week in a video on Facebook, Anderson said the company was not yet prepared to reveal itself.

MORE: Read more business news

“It’s given a project name ‘Soho’” Anderson said. “It’s just a project name. The company… is not ready to announce who they are yet. They didn’t even tell us who they are, we just know the parameters of the project.”

Ohio 444 and Spangler Road can get congested at times, Anderson said, but he predicted the city would not need to make modifications to the intersection.

“I know it’s congested, but bear with us,” Anderson said.

Read more Fairborn news:

» Fairborn demolishing fourth Broad Street motel