More Downtown Dayton Condos

Here is some promising news and proof that there is indeed demand for more luxury downtown condos.  And this announcement has nothing to do with Ballpark Village - the project is to be located near the Dayton Art Institute - an area that I've always felt is ripe for investment.  It is also nice to see that this project is being proposed by a Pinnacle Architects = a  local firm whose offices are in downtown at St. Clair and First Street.  Yes, there are companies that believe in Downtown and continue to invest here, despite what is typically printed in the local news media.

Dayton Daily News
By Joanne Huist Smith
Monday, November 19, 2007

Link: Firm seeks to build luxury condos downtown.

DAYTON— A local architectural firm wants to build a luxury condominium tower that takes advantage of Dayton's great river views. Dayton-based Pinnacle Architects met with the land use committee of the Fair River Oaks Council Priority Board Monday evening asking for their positive nod for three zoning variances for construction of a 15-story condominium tower at 15 Central Avenue overlooking the Great Miami River.
The residential tower would have 124 units with a design that compliments other architecturally significant institutions in the area, including the Dayton Art Institute and the Masonic Temple.

Great news for Grafton Hill

Yes, Dayton's historic districts are getting more and more attention these days. On the heels of South Park's announced win in the "AIA 150 Blueprint For Your Neighborhood Award" (in which local area arcitects will donate their time and services to further revitalize that neighborhood), Grafton Hill is getting some fantastic news as well.

By Lisa Bernard
Dayton Daily News
Link: Picture this: Grafton Hill part of major urban renewal plan.

An effort to breathe new life into Historic Grafton Hill's Central Avenue and surrounding neighborhoods is gaining momentum. A group, which calls itself the Renaissance Alliance, says its plan to build homes modeled after notable estates once located in Grafton Hill could be launched this year.

Headed by St. Mary's Development Corp. and the Grafton Hill Historic District, the plan is anticipated to fuel investment in the neighborhoods of Five Oaks Riverdale, Jane Reece and Dayton View.