The “most complicated project in the city of Dayton’s history,” the Dayton Arcade redevelopment project, was awarded state historic tax credits for the $27.6 million rehab of the Third Street Arcade, the Dayton Daily News reports. The state of Ohio awarded $2.75 million for “a second phase of the arcade’s restoration focused on two northern buildings in the nine-building complex,” according to the article. This is the third time the Dayton Arcade has won state historic tax credits, bringing the project’s total awards to $11.75 million. The Third Street Arcade project will “rehab an elaborate façade and two-story, sky-lit arcade into a mix of uses,” including a new kitchen incubator, retail and restaurant spaces, apartments and office space. For more, read the full article.
Dayton Arcade awarded $2.75M in state tax credits for Third Street Arcade rehab
