Dayton Arcade

Dayton,
OH
(2023)

Dayton Arcade

Arts, Community, Historic Rehabilitation, Historic Tax Credit, Housing, Mixed-use, Retail

Redevelopment of the historic Dayton Arcade, a collection of nine buildings totaling over 330,000 sq. ft. in the heart of downtown Dayton's central business district.

Investment

NMTC Amount: $55,000,000
Total Project Cost: $128,200,000

IMPACT

528 FTE jobs
290 construction jobs
Urban grocery expansion is part of the development and projected to serve over 50,000 people annually
330,000 sq. ft. of real estate

CDEs

Consortium America, Dayton Region New Markets Fund, MBS Urban Initiatives, RBC Community Development

Investor

Dudley Ventures, PNC

Project Description

Cross Street Partners (CSP), Model Group, and McCormack Baron Salazar will redevelop the historic Dayton Arcade, a collection of nine buildings totaling over 330,000 sq. ft. in the heart of downtown Dayton’s central business district. The full development plan will recast the Arcade in much the same way it was initially developed in the first decade of the 20th century—with a mix of retail, offices, public space and housing. The first phase of the project, the South Arcade, consists of an innovation center with a higher education partner in addition to a 126-unit residential LIHTC and market rate development for artists and creative entrepreneurs.

MAP

Address: 15 West Fourth Street, Dayton, OH 45402

Census Tract: 39113001501

PDF Profile

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