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Company reportedly buying downtown Dayton PNC bank building

Published: Friday, October 06, 2017 @ 11:25 AM

            Quebec-based Olymbec reportedly will buy the PNC bank building at 6 N. Main St. STAFF/CORNELIUS FROLIK
Quebec-based Olymbec reportedly will buy the PNC bank building at 6 N. Main St. STAFF/CORNELIUS FROLIK

A Canadian company that bought and quickly filled an underused office tower in downtown Dayton is looking to expand its presence in the urban core.

Quebec-based Olymbec reportedly told a group of people Thursday that it is buying the PNC bank building at 6 N. Main St., which the financial company vacated when it moved into a new office building in the Water Street District.

MORE: Dayton, Cincy team up for bid on Amazon’s new $5B headquarters

A company representative made the announcement Thursday during a downtown development tour, according to multiple people who attended the event. The PNC signage on the front of the building was removed Thursday.

This news organization has contacted Olymbec to seek comments.

The PNC Bank building only has a few tenants remaining, including CityWide, Business Furniture and law firm Bieser, Greer & Landis LLP.

The seven-story building, which opened in 1981, was designed by I. M. Pei, a famous Chinese American architect whose other work includes the famous glass and metal pyramid entrance at the Louvre Museum in Paris, France, and the JFK Library in Massachusetts.

The seven-story PNC Bank building, once the Gem Savings building, has a massive atrium and many rows of windows that face Courthouse Square.

“It’s the most functional office building in town and the best downtown office building and it’s beautiful architecturally,” said David Greer, partner with Bieser, Greer & Landis.

RELATED: Hundreds of jobs moving to downtown fuels confidence in office market

Olymbec purchased the 11-story 111 W. First St. office tower in 2016 with plans to renovate the building to attract new tenants.

That acquisition paid off when Taylor Communications — formerly Standard Register — agreed to lease eight floors of the building to move 500 or more employees into the Central Business District.

Earlier this year, Olymbec’s vice president of leasing Michael Matthews told this newspaper that his company was bullish on downtown and was looking to buy more properties.

RELATED: Taylor Communications to move hundreds of workers downtown

Office buildings in Dayton are cheap to buy, and new and successful housing downtown points to continued urban renewal, he said.

“We think the arrow is pointing up for Dayton,” Matthews said.

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Maryland school shooting: Gunman killed, 2 injured at Great Mills High School

Published: Tuesday, March 20, 2018 @ 11:34 AM
Updated: Tuesday, March 20, 2018 @ 11:34 AM

VIDEO: Shooting Reported At Maryland High School

A student who opened fire on a classmate at Maryland’s Great Mills High School died Tuesday morning after injuring two people, St. Mary’s County Sheriff Tim Cameron said at a news conference.

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Gone lickety-split: New downtown Dayton homes sell out

Published: Thursday, March 15, 2018 @ 12:33 PM

Simms new housing is almost sold out

The 14 new City View townhouses have sold out just about 13 months after hitting the market, making it Charlie Simms’ fastest downtown housing project to run out of product.

City View was Charles Simms Development’s sixth downtown housing project. Simms’ first project — the Patterson Square town homes, built in 2011 — took a couple of years to sell out.

Simms Development released pricing of the City View homes in February 2017, meaning it sold out four months quicker than its Brownstones at 2nd project.

RELATED: New downtown Dayton housing fetching $200 per square foot

“We would consider this a record sellout in all aspects for a downtown development,” said Robi Simms, vice president of sales and marketing with Charles Simms Development.

The homes sold out quickly even though they commanded much higher prices than Simms’ earlier housing.

The Patterson Square townhomes, at East First Street and North Patterson Boulevard, started at about $139,900, or about $100 per square foot. The City View homes, located a few blocks away on South Patterson Boulevard, have been selling for almost $200 per square foot.

The pricing of the Brownstones at 2nd were $200,000 and up range, while the City View homes have sold in the mid to upper-$300,000 range.

RELATED: Buyers snap up urban townhouses in downtown Dayton

The exterior of the City View homes is urban and modern. This was a departure for Simms, whose five previous downtown projects were traditional-style brownstones and brick homes.

Simms last month told this newspaper he intended to continue building new homes downtown for the foreseeable future. He said the demand for new housing in the urban center far outstrips the supply.

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Prosecutors seeking death penalty against Nikolas Cruz, confessed Parkland gunman 

Published: Tuesday, March 13, 2018 @ 2:31 PM

Confessed Florida school shooter Nikolas Cruz appears in court for a status hearing before Broward Circuit Judge Elizabeth Scherer on February 19, 2018 in Ft. Lauderdale, Florida. Cruz is facing 17 charges of premeditated murder in the mass shooting at Marjory Stoneman Douglas High School in Parkland, Florida.  
Pool/Getty Images
Confessed Florida school shooter Nikolas Cruz appears in court for a status hearing before Broward Circuit Judge Elizabeth Scherer on February 19, 2018 in Ft. Lauderdale, Florida. Cruz is facing 17 charges of premeditated murder in the mass shooting at Marjory Stoneman Douglas High School in Parkland, Florida. (Pool/Getty Images)

Florida prosecutors will ask for the death penalty for confessed Parkland school gunman Nikolas Cruz, State Attorney Michael Satz said Tuesday. 

>> Read more trending news 

Satz said he filed a "notice of intent to seek death" in the 17 first-degree murder counts stemming from the Feb. 14 rampage at Marjory Stoneman Douglas High School that left 14 students and three adults dead.

Cruz is also charged with attempted murder in the shootings of 17 others who survived.

Cruz is scheduled for an arraignment Wednesday on the murder and attempted murder charges.

Cruz offered to plead guilty to the charges several weeks ago if prosecutors removed the death penalty from the table.

>>Related: Senior at Parkland high school recalls moments when gunman opened fire

If he does reach a plea deal with prosecutors, the only other option for Cruz is life in prison without the possibility of parole.

The Associated Press contributed to this report.

What You Need to Know: ENOUGH National School Walkout

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Dayton city commission race could be pastor Daryl vs pastor Darryl

Published: Friday, March 09, 2018 @ 11:19 AM

            Daryl Ward, the senior pastor at Omega Baptist Church, and Darryl Fairchild, manager of chaplain services at Dayton Children’s Hospital, have filed petitions to run for Dayton Commission.
Daryl Ward, the senior pastor at Omega Baptist Church, and Darryl Fairchild, manager of chaplain services at Dayton Children’s Hospital, have filed petitions to run for Dayton Commission.

Two well-known pastors have submitted petitions to run for the open Dayton City Commission seat in a special May election.

No other candidates filed petitions by Friday’s deadline.

»SEE: New Dayton Arcade partners part of amazing Midwest transformations

Daryl Ward, the senior pastor at Omega Baptist Church, and Darryl Fairchild, manager of chaplain services at Dayton Children’s Hospital, filed petitions to try to replace Commissioner Joey Williams, who resigned last month.

To appear on the ballot, candidates needed to collect 500 valid signatures of Dayton electors and submit them to the Montgomery County Board of Elections. The deadline to file was end of business hours Friday.

Ward turned in a petition with 1,441 signatures earlier this month. Fairchild’s petition, which he submitted Friday morning, contained 1,430 signatures.

»TRENDING: Dayton schools disciplined AD, principal in Dunbar/OHSAA case

Ward, senior pastor at Omega Baptist Church, said he feels really encouraged by the amount of support the community has already shown him when he was out collecting signatures and starting to campaign.

“It’s been a wonderful thing, and I’ve already learned things about Dayton I didn’t know,” he said.

He said he believes he can make a difference but will have to show voters that he’s sincere and truly cares about making the community a better place.

Ward said he is looking forward to hitting the streets and talking to people about the challenges facing Dayton and what they think the city can do to improve people’s lives.

“We’ve got to face challenges together — it’s going to take all of us,” he said.

Fairchild said he’s battle tested and has good name recognition since this will be the third time in four years that he has run for a commission seat. He narrowly lost a seat to newcomer Chris Shaw in 2015, but was defeated by a much larger margin by incumbent commissioners Joey Williams and Jeff Mims Jr. last year.

Fairchild, who has known Ward for 30 years and was his student at United Theological Seminary, said he’s a little surprised Ward chose to run against him.

But Fairchild said they are friends and colleagues and he views Ward as a mentor.

“But we’re both athletes too, and we don’t shy away from competition,” Fairchild said. “We value the democratic process, and this is an opportunity for us to share our visions and put out our best ideas for the city and let the voters choose.”

Fairchild said he approved when a friend described him as “a political gym rat.”

»RELATED: Dayton special election set: Fairchild, Ward declare candidacies

Williams decided to step down just four months into his fifth term. Williams said his travel schedule with his new job kept meant he was too busy to give his commission responsibilities the attention they deserve.

Board of elections staff will review candidates’ petitions, and the board expects to certify petitions at its next meeting, March 20.

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