DAYTON — Developers want to create Dayton's own version of New York's "Greenwich Village" on the banks of the Great Miami and Mad rivers downtown, said Matthew Daniels of the Cincinnati-based Bear Creek Capital, a partner in the proposed $230 million Dayton Waterfront Development.
At Wednesday's Dayton City Commission meeting, Daniels said the mix of housing, shops, restaurants and entertainment venues — a "24-hour village" — would build on the success of RiverScape MetroPark and Fifth Third Field, home of the Dayton Dragons.
This headline might make some Dayton taxpayers nervous;
City officials beaming over developement plan
DAYTON — Dayton city officials could barely contain their excitement Wednesday as developers publicly unveiled a proposed development they've been negotiating with city administrators since March.
"We just burst at the seams tonight," said Commissioner Nan Whaley.
They're BURSTING, Jerry! BURSTING!
Across the Mad River, near Fifth Third Field would be "Ballpark Village," complete with a gourmet grocery store, a bookstore and other shops, restaurants, a fitness facility and entertainment spots.
Developers and city officials will spend the next six months trying to determine if the deal can work: looking at financing, doing environmental studies, and analyzing the market.
The preliminary agreement approved Wednesday obligates the city to obtain options on or rights to private and public property — with time frames ranging from 90 days for two businesses on Monument Avenue and Parkside Homes, and no later than April 1, 2008, for Dayton Public Schools Career Academy.
Don't make plans to see it next year or even 2008. It will take years.
No comments:
Post a Comment