Downtown Dayton sees $200M investment injection with new real estate near Day-Air Ballpark

DAYTON — Downtown Dayton received more than $200 million in real estate investment over 10 years that led to its major transformation.

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News Center 7 Anchor Nick Foley got a look at the latest property in the Water Street District where construction crews were adding the finishing touches to the new AC Hotel by Marriott.

The newest addition, set to open within the next month, was one of three properties built in Downtown Dayton as part of the real estate investment. The other two included the Sutton and Monument—both already open.

Executive Vice President of Design and Development for Crawford Hoying, Russell Hunter, guided Foley through the hotel and displayed the best aspects of the newly invested commercial structure.

“This room is a little bit larger than your standard unit,” Hunter showed. “You could literally watch the game from here. You can see the scoreboard. Yeah, you can literally watch the game from here,” referencing the view to Day-Air Ballpark.

Crawford Hoying has constructed more than 10 properties in the area since 2012.

“For a long time this ballpark was setting records for attendance. So, clearly people wanted to be here. They just needed a reason to be here and that’s how it’s played out for us for sure,” Hunter said.

The AC Hotel is expected to feature 134 rooms and a rooftop restaurant and bar.

The Sutton and Monument have collectively added 200 apartment homes to Downtown Dayton, which have already been leased.

“You want to work somewhere where people want you there and sometimes development and architecture isn’t always that way, right?” Hunter asked. “This is a place where everyone has genuinely been excited about with what we are doing and welcomed us with open arms.”

Plans are to have the AC Hotel open for business in time for NCAA’s First Four in Dayton, set for next Tuesday.

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