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Published: Sunday, January 21, 2018 @ 12:21 PM
— Plans to revitalize the Dayton Arcade could change under the GOP’s new tax plan, according to a story published Friday by the Wall Street Journal.
Under the new law signed by President Donald Trump last month, the 20 percent reimbursement provided to developers who are awarded federal historic tax credits is spread out over five years instead of one, which reduces the incentive to rehabilitate historic structures, according to WSJ’s report.
A number of local developers, preservationists and elected leaders from the Dayton area in December called on U.S. lawmakers to preserve the federal tax incentive program that has helped redevelop dozens of historic and iconic buildings in Dayton, resulting in an estimated $270 million in investment.
Here is what the Dayton Daily News reported: LOSS OF INCENTIVES WOULD BE DEVASTATING
The program is widely used by developers to finance restoration projects on former factories, empty department stores and other disused buildings, which helps to “inject life into sagging main streets,” according to WSJ’s report.
In December, the Dayton Daily News reported that Dayton Arcade’s development partners Cross Street Partners and Miller-Valentine Group were awarded $4 million in historic state tax credits on a proposed $41 million project to overhaul the collection of eight buildings in downtown Dayton. Those buildings, which once housed shops, a farmer’s market, apartments and offices, were closed 26 years ago.
The redevelopment plans include putting in pop-up restaurants and apartments around one anchor tenant yet to be announced.
TRENDING >> Government shutdown: What we know now
WSJ reports that developer Cross Street Partners rushed to finish long-term leases on the Dayton Arcade’s eight buildings at the end of last year in the hopes of qualifying under the old tax-credit rules.
WSJ reports that David Williams, senior director at Cross Street Partners, said the weakened tax-credit program could have threatened a carefully constructed financing plan, which includes multiple tax incentives.
“A hiccup like that can be pretty devastating,” Williams is quoted in the report.
Published: Saturday, February 17, 2018 @ 7:06 PM
Updated: Saturday, February 17, 2018 @ 7:39 PM
WASHINGTON TWP. — UPDATE @7:39 p.m.
Officials said a car merging onto northbound I-675 struck another car.
One person was taken to a local hospital, but no serious injuries were reported.
Crews are responding to a reported 3-vehicle crash on northbound I-675 in Washington Twp.
The crash was reported around 6:50 p.m. at Mile Marker 3, just north of Ohio 725.
Injuries have been reported.
This story will be updated as additional details become available.
Published: Saturday, February 17, 2018 @ 3:38 PM
Updated: Saturday, February 17, 2018 @ 6:10 PM
FRANKLIN — UPDATE @6:10 p.m.
Twelve pets, including 11 dogs and 1 bird, were rescued from a house on fire.
Fire crews said when they arrived on scene of the fire in the 900 block of Turner Lane Saturday afternoon, heavy smoke and flames were showing. All the residents were able to make it out safely, but they advised of the 12 pets trapped in the house.
Crews initially said 10 pets were in the house.
Fire crews said the pets were scared and didn’t want to be touched, which made rescuing them difficult. It took about 15 minutes to get the 12 pets out of the house, which are safe and weren’t injured, crews said.
The fire is believed to have started in a wall or on a deck.
The American Red Cross is assisting the family. The home sustained an estimated $30,000 to $40,000 in damages.
No one was injured.
UPDATE @ 4:50 p.m.
Firefighters were able to rescue 10 pets from a burning home in Franklin Saturday afternoon.
Officials said all 10 of the family’s pets were pulled to safety and were not injured after the fire broke out in a home in the 900 block of Turner Lane around 3:25 p.m.
The residents and firefighters battling the blaze were also not injured. Crews initially reported possible injuries after a man was found on the porch of the home when emergency units first arrived. Those reports were later deemed unfounded, according to investigators.
The cause of the fire is unknown and still under investigation, fire officials said.
Fire crews have responded to reports of a house fire in the 900 block of Turner Lane in Franklin Saturday afternoon.
Firefighters reported heavy smoke and flames coming from the house around 3:25 p.m.
Initial reports indicate at least one person might have been injured.
Published: Saturday, February 17, 2018 @ 5:54 AM
Updated: Saturday, February 17, 2018 @ 4:31 PM
— QUICK-LOOK FORECAST
Tonight: Areas north of I-70 will see a chance for snow through the evening, according to Storm Center 7 Meteorologist Brett Collar. All snow will taper off during the overnight hours. Temperatures will continue to drop tonight and overnight, with lows eventually reaching the upper 20s. Due to the dropping temperatures, an isolated slick spot will be possible on the roads.
Sunday: Sunshine is expected with highs reaching the middle 40s.
Monday: Rain returns to the area, and overall it appears to be a rather soggy day. Highs will be in the middle 40s. Highs will climb to the lower 60s.
Tuesday: High temperatures will be near 70 degrees but we’ll have a chance for more rain. Rain and even a few storms will be possible in the evening through early Wednesday morning.
Wednesday: Rain to start the day but clouds will break into the afternoon. Given the amount of rain from Monday through Wednesday, flooding will be possible in some areas. Highs on Wednesday will reach the middle 50s.
Thursday: Mostly cloudy skies with highs expected in the middle to upper 40s.
Published: Saturday, February 17, 2018 @ 3:21 PM
WARREN COUNTY — Two hikers, one of which was injured, have been located and rescued at Caesar Creek State Park in Warren County Saturday, according to dispatchers.
Emergency crews responded to the state park on reports of at least one injured hiker around 1:40 p.m., dispatchers told this news organization.
One hiker was found suffering from a hip injury. One, or both of the hikers were also showing signs of hypothermia, according to officials.
Rescue crews had to use a boat to get the injured hikers to safety. Around 3:15 p.m., scanner traffic from the scene indicated both hikers were off the boat and safely on land at one of the boat ramps with medics tending to them.
Additional details were not available.