Tech Town Project Receives Million Dollar Grant

January 19, 2007

Progress on the Tech Town project received another boost this week with $1 million being committed by Development Projects, Inc., a funding agency of the Dayton Development Coalition...

Funding woes hinder Tech Town development

The DDN printed an interesting article about Tech Town today.  The article goes on to say that construction of the first building (48,000 sq ft) is scheduled to begin this spring.  I personally would have preferred a little more positive title...

Link: Funding woes hinder Tech Town development
By Joanne Huist Smith
Dayton Daily News.

When city officials announced plans in 2003 to convert the former Harrison Radiator factory on Monument Avenue into a high-tech business park, they expected to have the work well under way in three years if funding could be obtained.

Today, Tech Town consists of a six-story factory riddled with broken windows, five other derelict buildings marked for demolition and 8.25 acres of ready-to-build-on land along Monument Avenue.

Tech Town lands $2.5M grant

In an attempt to start competing with technology oriented cities, Dayton will finally be constructing the first building in Tech Town.  Wednesday night they received $2.55 million from the United States Economic Development Administration.  They will be building the Creative Technology Accelerator.  The building with hold five to seven businesses and be between 5,000 and 10,000 square feet.

Link: Tech Town lands $2.5M grant from the Dayton Business Journal
by Yvonne Teems
Dayton Business Journal

The Tech Town project will receive a $2.5 million grant to help construct its first building.

The city of Dayton at its commission meeting Wednesday night accepted the $2.55 million grant from the United States Economic Development Administration and will use it to build the Creative Technology Accelerator. ...

...The grant will cover 50 percent of the project, and the city and CityWide Development Corp., part of the city's economic development arm that's managing the park, will find the rest of the necessary funding by the end of the year...