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Published: Monday, March 05, 2018 @ 6:22 PM
Updated: Friday, April 27, 2018 @ 4:12 PM
— It’s the words some people have waited nearly three decades to hear: The Dayton Arcade is going to reopen.
The project is not in doubt, says Cross Street Partners, the project’s lead developer: It’s definitely happening.
Though previous proposals to revitalize the arcade fizzled out, Cross Street Partners has never had a project progress to this point and not finish, said Bill Struever, principal of Cross Street Partners.
“We’re way too pregnant,” said Struever.
PHOTOS: A look back at the Dayton Arcade
Last week, this newspaper broke the news that Miller-Valentine Group, one of the largest commercial real estate developers in the region, has pulled out of a project to create new housing in the Dayton Arcade, electing to take a back seat from efforts to revitalize the famed complex.
But two big players in urban redevelopment — Cincinnati-based Model Group and St. Louis-based McCormack Baron Salazar — have signed on as partners on the arcade, and Struever says they are better suited for the work.
Model Group and McCormack Baron Salazar are “powerhouses” in tax credit investments and new market or historic reuse projects that have large extensive experience completing large and complicated projects, he said.
There are always things that could still go wrong with the arcade project, Struever said: Like any project, tenants can pull out, leasing can hit a snag and construction can face delays.
But the arcade is headed toward a closing on financing in July, with construction beginning soon after, he said.
“Things changed with Miller-Valentine — that’s unfortunate — but we roll with it and we have a terrific team,” Struever said.
Miller-Valentine Group has withdrawn from the housing component of the Dayton arcade. The company said it will be involved in the leasing of the commercial component and continues to work with Cross Street on multiple capital raising initiatives.
The departure has not signficantly impacted the project, except the partners’ plans now include expanding the arts component of the arcade and modifying the mix of units on the residential side, officials said.
Some amenity space in the basement of the Fourth Street building will be turned into artists’ studio space.
Model Group had a lead role in transforming the Over-the-Rhine (OTR) neighborhood in Cincinnati from a riot-damaged wasteland, featuring vacant and crumbling buildings, into one of the hottest destinations in the Queen City.
RELATED: 7 of Dayton's most haunted spots
In the 2000s, the company helped clean-up the neighborhood, which struggled with blight and crime, by restoring 73 historic buildings and creating 383 units of affordable, “high-quality” housing.
Since 2006, more than 175 new businesses have opened in the neighborhood.
Model Group’s investment in Over-the-Rhine alone is north of $200 million. The firm has completed more than $500 million in development in Ohio, Kentucky and Indiana.
The Model Group has been one of the most active historic tax credit developers and general contractors in the state the last 15 years, said Bobby Maly, principal of the firm.
The project, which opened in the 1990s, turned the downtown YMCA tower into about 59 apartments as well as townhouses and apartments between West Monument and the Great Miami River. There are 233 apartments in total.
McCormack Baron Salazar has developed 195 projects in 46 cities in 26 states and U.S. Territories, including 21,290 housing units and 1.2 million square feet of commercial space, with development costs of $3.9 billion.
Published: Sunday, June 24, 2018 @ 5:16 AM
Updated: Sunday, June 24, 2018 @ 9:28 AM
DAYTON — UPDATE @ 9:27 a.m.:
Dayton police are looking for the driver of the vehicle that split in two pieces after its rear struck a DP&L pole Sunday morning.
The vehicle, a black 1989 Pontiac Bonneville, was stolen out of Huber Heights and was involved in a pursuit in Englewood earlier in the night, according to a Dayton police report.
The front of the vehicle was found approximately 30 yards south of the rear on its top near the intersection of North Main Street and Delaware Avenue, according to the report.
Police reported seeing a trail of blood from the car to a wooded area.
A K9 from an outside agency attempted to track the driver but was unsuccessful, the report said.
Police were dispatched to the intersection of N. Main Street and Delaware Avenue Sunday after a car split in half on impact.
The accident occurred at approximately 4:48 a.m.
Witnesses say the driver was traveling at a high rate of speed and swerved into a pole to avoid a semi-truck, causing the car to split in half on impact. The driver was seen crawling out of the car and fled the scene.
Police are using a K9 to track the suspect.
It is unknown at this time if the driver sustained any injuries.
No other vehicles were involved.
Published: Saturday, June 23, 2018 @ 5:47 PM
NEW CARLISLE — A celebration took place earlier today at the New Carlisle Fire Station to celebrate the city being designated a Purple Heart City. The city will post signs at the entrances to the city designating that it’s a Purple Heart City.
The city of New Carlisle was named a Purple Heart City by the Military Order of the Purple Heart in 2014, according to Mayor Ethan Reynolds. The honor means the city has many veterans who served in the armed forces.
“Our city is very close to the base and many young men and women go in and serve the military,” said Reynolds. “Unfortunately, some have been wounded and this is a way for us to honor them and show them respect.”
The idea for the event came after a citizen, David Bauer--a Vietnam veteran and a Purple Heart recipient--came to him and asked about why the city didn’t celebrate being named a Purple Heart City when it happened.
The Purple Heart is awarded to members of the Armed Forces wounded in combat with an enemy force, or posthumously to the next of kin of members of the Armed Forces killed in combat.
Published: Saturday, June 23, 2018 @ 7:40 PM
Updated: Saturday, June 23, 2018 @ 9:37 PM
MIAMI COUNTY — UPDATED @ 9:40 p.m.:
Four people--one male, one female, and two children--were displaced after a house fire in Piqua, Captain Paul Brown confirmed.
Initial reports stated that a woman in a wheelchair was stuck, screaming in the house when neighbors assisted her out safely. Two children got out safely as well.
No one was injured, and the damage estimate is roughly $45,000 for the structure and its contents.
A two-story house fire left the inside with extensive fire damage, according to the Northern Bureau Chief for WHIO-TV Steve Baker.
Crews were dispatced at 4:50 p.m. to 524 First Street in the Shawnee Section of Piqua.
There are no apparent injuries, but the American Red Cross is on scene to help displace the family.
It is unsure of how many people are being displaced.
The County Fire Investigator is also on scene helping to determine the cause of fire.
Published: Saturday, June 23, 2018 @ 8:42 PM
MIAMI VALLEY — Huber Heights and Troy announced new Urgent Care Center openings during two open houses earlier today and yesterday, according to a release.
The Premier Health Urgent Care in Huber Heights is located at 8290 Old Troy Pike and the Premier Health Urgent Care in Troy is located at 1843 W. Main Street, with both officially opening on Monday, June 25.
Each location will be open from 10:00 a.m. until 10:00 p.m. every day of the week, and will be staffed by local advanced practice providers.
These two new locations will handle a variety of health care needs from minor illnesses to injuries. Providers will also be able to conduct school and sports physicals, administer vaccinations, diagnostic testing, X-rays, and more.
Patients will be able to register for an appointment time online and wait in the comfort of their own home up until the time of their appointment. Walk-in appointments will also be available through the convenient registration at self-check-in kiosks. Individuals who check-in on-site may leave to run errands while they wait for their time to arrive, and be alerted through mobile devices when their appointment is getting close so they don’t risk losing their spot in line.