Dublin-based Crawford Hoying and Dayton-based Woodard Development are seeking funding to complete “[o]ne of the largest development projects in downtown Dayton,” the $88 million transformation of the former Mendelson liquidation outlet “into a mixed-use economic driver in the city” called The Delco, the Dayton Business Journal reports. The Delco “marks a 500,000-square-foot redevelopment project in the heart of the Water Street District,” which will include 160 residential units, 77,000 square feet of office space, 20,000 square feet of retail space, and 500 parking spaces, according to the article. Developers recently applied for $500,000 in Economic Development/Government Equity (ED/GE) funding for the final phase of the project, the Delco Office Project. Delco Commercial, LLC “is working to finalize a lease with an undisclosed company” that “will create 110 new jobs with an anticipated payroll of more than $13 million,” according to the Dayton Business Journal article.
Steve Seboldt, a member of the Greater Downtown Priority Land Use Board, called The Delco “kind of the mother of all projects” in a Dayton Daily News article that notes The Delco “has more space than the Dayton Arcade’s nine interconnected buildings combined.” Amenities included in The Delco will be “a rooftop swimming pool, fire pits, grilling stations, outdoor lounge areas and great views of downtown,” along with a fitness center, reservable club room, and an outdoor dog park on the fifth floor, among others, the Dayton Daily News reports. For more, read the full Dayton Business Journal and Dayton Daily News articles (subscription may be required).
