Phoenix Project Makes Great Strides
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Transcript of Phoenix Project Makes Great Strides
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8/14/2019 Phoenix Project Makes Great Strides
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FALL2008
Phoenix Project Makes Great Strides
The Phoenix Project, established in 2004, is a public-private partnership that is investing millions of
dollars in redevelopment activities in the greater Fairview neighborhood, located in the city of Dayton.
This urban neighborhood is home to Good Samaritan Hospital, one of the areas largest employers,
and an institution that has served families in the greater Dayton area for over 75 years. Over the lastdecade, the neighborhood surrounding the hospital had begun to decline and the impact of predatory
practices and high foreclosure rates destabilized the housing market. The hospital was very
concerned about the impact these declines had on its ability to recruit and retain staff, obtain
patients, and protect the safety of visitors to their facility. This concern was shared by leadership of
the City of Dayton who believe strong neighborhoods are vital to the citys overall health and
growth opportunities.
The Phoenix Project is a partnership between Good Samaritan Hospital, the City
of Dayton, residents of the Phoenix area and CityWide Development
Corporation, all whom have a stake in the revitalization of the Fairview
neighborhood. As project manager, CityWide Development is
responsible for the implementation of the projects
Strategic Plan, which includes acquiring property,
building new housing and creating a new civic
space, known as Fairview Commons.
continued inside...
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Fresh Face for aDayton Treasure
Phoenix ProjectMakes Great
Strides continued
Jays Seafood restaurant has been an icon in Dayton since the 1960s. Jays is located at 225 East Sixth Street in the
historic Oregon District, allowing for easy access from nearly anywhere in Dayton. Visitors to Jays
enjoy the antique ambiance, superior service, and above all, the best seafood in the region. In
fact, in order to ensure that the food is always of the highest quality, Jays has fresh fish and
shellfish flown in four times a week from Boston, Massachusetts; Portland, Oregon;
Florida; and Lake Erie.
The restaurant was originally an 1862 grist mill, and since has undergone many
transformations. Just recently, after years of withstanding weathering, Jays was
ready for a fresh coat of paint. To help brighten the restaurant and maintain its
place as a premier Dayton dining location, Jays worked with CityWide
Development to secure the necessary financing to complete the painting project.
Some people may not know it, but Jays Seafood was one of CityWides first ever
loans back in the 1970s, said Brian Heitkamp, CityWide Economic Development Director.
Having Jays as part of the Dayton business community is a tradition here, and CityWide is
happy to help keep this local treasure looking its best.
Jays Seafood is open Monday Thursday, 5 10pm; Friday and Saturday, 5 11pm; and Sunday
5 9pm. During December, Jays also holds special holiday hours at lunchtime, from 11:30am 2pm
daily. For more information on Jays Seafood restaurant, visit www.jays.com.
Neighborhood Development Director George Snyder explains,
Much of the work that has gone on so far focuses on the civic
and social aspects of community development, things you cant
necessarily see. Great strides have been made in reducing crime
through community policing, strengthening neighborhood groups
through community organizing and providing new opportunities
for youth. Fairview has become a stable neighborhood filled with
supportive residents.
PROGRESS ON THE INTERIOR
On the inside, many projects are beginning to take shape, including
the construction that is soon to begin on Fairview Commons and the
new Fairview PK-8 Dayton Public School. The school will be situated
at the center of t he neighborhood and will be part of the Commons,
which will serve as multi-use, park-like area for residents and will
be connected by walkways to Good Samaritan, the City of Dayton
Park and Pool and new housing.
Along with the Commons, CityWide has been aggressively working to purchase
dilapidated properties. These properties are being cleared to make way for the
new school and the construction of new housing. There are also financial
incentives to encourage existing residents to fix up their homes and for those
looking to purchase a home in the area. Good Samaritan has also created a
special benefit for their employees known as Home Choice to encourage
their investment in the community.
Recently, the Phoenix Project was awarded tax credits from the
Ohio Housing Finance Agency. These funds will allow theproject to implement the first phase of its housing
initiatives: the construction of 33 lease-purchase
single family homes.These homes are designed to
help working families achieve homeownership
while building their personal assets.
SALEM GATEWAY
WELCOMES VISITORS
One of the first visible signs of change created by
the Phoenix Project is nearing completion at the
intersection of Salem Avenue and Catalpa Drive, the
south entrance of the Fairview neighborhood. The
gateway was designed by Envisionworks and a team of
residents representing the surrounding neighborhoods of Dayton View Triangle,
Fairview and Sunnyview-Catalpa Park.
The Gateway was officially dedicated on October 14th and should be completely
finished by the end of the year. The three corners were longstanding community
eyesores, but have now been transformed into a place of beauty.With wrought iron
fencing, attractive brick columns,period lighting, and native trees and flowers, this
new green space is a symbol of community revitalization.
The Salem and Catalpa Gateway shows the community that they are truly entering
an area that is improving, says Snyder. The goal is to change the
perception of these neighborhoods and make the entire
community more welcoming and attractive to visitors to theneighborhood and Good Samaritan Hospital.
The Phoenix Project is a long-term effort to improve
this northwest Dayton neighborhood. With a
brand new school, the Fairview Commons and
new housing opportunities, the neighborhood
is well on its way to becoming a thriving part
of the greater Dayton community.
For more information on this project, or to
inquire about loan options and incentives in
the Phoenix area, contact George Snyder,
Director of Neighborhood Development for
CityWide Development at (937) 853-2535 or visit
www.phoenixprojectdayton.org.
The red areas indicate the areas of concentration of the Phoenix Project. The asterik marks the Gateway.
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Blooming in Daytons Business CommunityMark Brueninghaus knows that flowers can say a lot when words just arent enough. Thats why he opened The
Flower Shoppe in the Genesis neighborhood. Brueninghaus has over 20 years of experience in the floral industry
and in 2003 he decided to follow his dream of opening his own floral boutique.
As a growing Dayton business thriving on word-of-mouth referrals, The Flower Shoppe is known for its trendy,
elegant, and creative floral designs. Services include fresh cut arrangements and blooming plants for a variety of
occasions, with an emphasis in weddings and special events, as well as funerals, birthdays, home dcor, and more.
Active in the Dayton community development scene, Brueninghaus is a member of the Rubicon Park Business
Association, a group of business leaders focused on issues such as traffic, crime, and attracting new businesses
within the Genesis neighborhood. This neighborhood revitalization project consists of partnerships between the
University of Dayton (UD), Miami Valley Hospital, the City of Dayton, and CityWide Development Corporation, and it
aims to spur redevelopment in the areas around UD and the hospital.
Knowing CityWides commitment to the Genesis project and the availability of the Neighborhood Business
Assistance Program (NBAP), Brueninghaus was able to secure a low-interest loan that allows him to fully acquire
the Brown Street retail shop. Brueninghaus believes that his flowers bring style to all of his clients special
occasions. And, his newly renovated retail space, made possible by the NBAP program, is evidence of his unique
and stylish twist.
As business continues to grow, Brueninghaus intends to upgrade at least two part-time positions to full-time,as well
as add another part-time employee to handle increasing demand.The Flower Shoppe is located 1132 Brown Street.
For more information on The Flower Shoppe, visit www.theflowershoppe.com or call (937) 224-7673.
Business Incubator Propels Dayton into the FutureIn 2007, the Dayton City Commission approved a $1.4 million, four-year
agreement with CityWide Development to create the for-profit Dayton Radio
Frequency Identification (RFID) Convergence Center (DRCC). This business
incubator will provide start-up assistance to RFID, sensor, and data management
and mining technology businesses.
The DRCC is part of a regional effort to secure Daytons place as an international
leader in the emerging RFID industry, creating at least 100 jobs at an average
salary of $80,000 just on its own. As one of Tech Towns Creative Technology
Accelerator tenants, DRCC will be seeking up to 20
companies to locate within the program at Tech
Town and take advantage of the $6 million state-of-the-art facility.
As a business incubator, the DRCC will host and
support new RFID companies that may not yet have
the financial or infrastructure capabilities to stand alone right away. The DRCC
will offer resources such as lab space and access to engineers and other
professionals, allowing companies to focus on their business and technologies
as they grow. Once companies are ready to move on from the DRCC, they will
have the opportunity to locate permanently in Dayton, potentially bringing
hundreds more technology jobs to the regions economy.
The RFID industry is an emerging technology field that has the ability to track
nearly anything, including inventories, animals, and pharmaceuticals. RFID is
poised to replace barcode technology in
widespread commercial applications. The Dayton
region, with the location and commercial andtechnical capital considered necessary to establish
an industry hub, looks forward to being on the
leading edge of future RFID advancements.
Construction ofTech Towns
Creative TechnologyAccelerator (CTA)is Underway!
The construction of Daytons Tech Town has been much anticipated, and now visible
progress can be seen.The developments first building, the CTA, recently celebrated an
important milestone: all steel framing was completed, paving the way for floors, walls,
ceilings, and stairwells to be put into place. According to Messer Construction, project
manager at Tech Town, the exterior of the building should be framed and closed before
winter, keeping the project on schedule for a mid-2009 opening. The project continues
its movement into the future with support from partners including CityWide and the City
of Dayton.
The 45,000-square-foot CTA building is already 100%
leased. Future occupants include the Institute for
Development and Commercialization of Advanced
Sensors Technology (IDCAST), Weston Solutions, Inc.,
and the Dayton RFID Convergence Center (DRCC). Led
by the University of Dayton, IDCAST will be the anchor
tenant in the CTA. Pennsylvania-based Weston
specializes in sustainable solutions for environmental
restoration, property redevelopment, green building,
and clean energy. Rounding out the CTA occupants is
DRCC, an economic development organization that
aims to attract and develop RFID-based businesses.
The next steps in the Tech Town development involve
the demolition and removal of the remaining structures
on the property. Designers from The Architectural
Group will also continue to develop models for the next phases of building. In addition,
some landscaping will be installed as construction moves ahead. Finally, reservations
are currently being taken for the CTAs companion building, with construction set to
begin during summer 2009.
Recently, Ohio Governor Ted Strickland visited the Tech Town site at the request of
Dayton Mayor Rhine McLin. Governor Strickland was on hand to review the status of the
project and to discuss the Citys request for $3.5 million towards the construction of the
next building. The Governor enjoyed meeting the
CityWide and City of Dayton team members and
expressed his support in the continuance of Tech
Towns expansion.
Tech Town offers a unique technology support system
that emanates from business, academic, and military
uses. Businesses and local universities contribute
even more to the research and development going on
at the base. As a result of serving as collaboration
facilitator, Tech Town further strengthens Dayton's
role as a technology leader.
For more information on Tech Town, please
contact Norm Essman, Redevelopment Director, at
(937) 853-2529 or [email protected].
CityWide President Steve Budd welcomes OhioGovernor Ted Strickland to the Tech Town site.
The CTA is the first of 10 buildings atTech Town and is expected to open mid-2009.
Construction begins at the Tech Town site.
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8NorthMainStreetDayton,Ohio45402www.citywidedev.com
www.citywidedev.com
The CityWideEconomicDevelopmentTeamSteven J. Budd,President
(937) 853-2547
Brian Heitkamp,Economic Development Director
(937) 853-2533
Caitlin Bortolotto,Business Development Officer
(937) 853-2563
John Krebs,Business Development Officer
(937) 853-2561
Steve Nutt,Strategic Development Director
(937) 853-2539
Janet A.White,Housing and Economic
Development Services Director
(937) 853-2541
Carolyn Henn,Marketing Coordinator
(937) 853-2543
www.citywidedev.com
In the current economy, businesses are reporting that it is
becoming more and more challenging to secure financing for
projects and for growth. The economic development team at
CityWide understands these challenges and is eager to provide
alternative financing opportunities.
Now, more than ever before, thinking outside the box can help
get deals done. Partnering with CityWide allows for flexible
financing structures that typically require less equity injection
from the business and lower credit exposure for the senior
lending institution.Lenders are finding that by working in tandem
with CityWide, they can deepen their long-term relationships
with current customers by using economic development dollars
as a source of funds, creating a win-win for the lender and the
borrower. To discuss gap financing structures to further a
potential project, contact Brian Heitkamp, Caitlin
Bortolotto, or John Krebs or visit our website at
www.citywidedev.com/financing.cfm
C I T Y W I D E D I R E C T
L O A N P R O G R A M
City of Dayton businesses can take advantage of the
Direct Loan program for a variety of projects, including real
estate acquisition, new construction, or renovation; business
acquisition and mergers; machinery and equipment acquisition;
and working capital.Benefits of the program include a low down
payment, reduced interest cost, no prepayment premium, and
quick turnaround time on the approval process.
S B A 5 0 4 L O A N P R O G R A M
Companies in the Dayton region can take advantage of great
savings by leveraging the benefits of the SBA 504 program,
a unique lending partnership between conventional lenders
(e.g. banks and credit unions) and Certified Development
Companies, like CityWide. Typically financing 40% of a project,
the SBA 504 generally requires only 10% down payment of
equity from a company or a business owner. Interest rates are
fixed for either 10 or 20 years.
N E I G H B O R H O O D B U S I N E S S
A S S I S T A N C E P R O G R A M ( N B A P )
The NBAP program is offered to City of Dayton businesses with
annual revenues below $1,500,000. NBAP loans are able to fill
gaps up to $50,000 with low fixed interest rates of 5% and as
low as 3% in targeted corridors.This program can be utilized to
finance real estate acquisition, new construction, and
renovation; business acquisition and mergers; machinery and
equipment acquisition; and working capital.
E N T E R P R I S E O H I O
I N V E S T M E N T C O M P A N Y ( E O I C )
EOIC provides capital in wide array of creative
lending alternatives to area businesses. It is our
most flexible program, offering the potential to fill
gaps in various scenarios that secure financing for
projects and for growth. Loan structures could include
mezzanine debt, subordinated debt, and the availability of
equity capital.
W E L L F I E L D P R O T E C T I O N
F U N D L O A N P R O G R A M
Companies located on the Well Field Protection Area are able to
obtain loans that are forgivable or with 0% interest. Projects or
businesses that reduce or abate risk to the groundwater supply
via chemical inventory reduction or environmental remediation
and protection would qualify.
Tough Times? CityWide Can Help!