Newsletter: What Dayton needs in its housing market

A tradition of the Home Builders Association and the Dayton region for more than 40 years, the 2022 Homearama event showcases 10 newly constructed homes located throughout the Miami Valley; seven of which can be seen in-person and all 10 can be viewed at the remastered DaytonHomearama.com website. CONTRIBUTED PHOTO

A tradition of the Home Builders Association and the Dayton region for more than 40 years, the 2022 Homearama event showcases 10 newly constructed homes located throughout the Miami Valley; seven of which can be seen in-person and all 10 can be viewed at the remastered DaytonHomearama.com website. CONTRIBUTED PHOTO

Welcome to your new business newsletter.

From advanced manufacturing to cutting-edge Air Force research, the Dayton area remains the home of innovation. I will keep you informed with the latest local business trends, tips and analysis in this region.

The goal is to keep you up-to-date on what’s going on with small businesses and the region’s largest employers. Let me know if you see something you want more information on.

Dayton a challenging area to find housing

A home for sale on the 1900 block of East Fourth Street in East Dayton CORNELIUS FROLIK / STAFF

icon to expand image

Why it matters: Any locale that wants to attract new employers needs plenty of homes. And the number of homes for sale in the Dayton region in the last year has seen one of the steepest declines among the nation’s largest urban centers even though this area remains a cheap place to live and buy a home, according to a new report from Realtor.com

Bright spot: Realtor.com noted that the Dayton region was the most affordable urban area on its list.

Some people may interpret the decrease in housing supply as a sign that homes are selling fast and people are moving into the region. But leaders with the Home Builders Association Dayton see the matter differently.

The region is going to struggle to attract new businesses if there are no places for workers to live, said John Morris, executive director of the association.

Catholic Social Services to begin construction on 6,500-square-foot expansion

Catholic Social Services of the Miami Valley will construct a 6,500-square-foot extension to their current building starting this Friday. CONTRIBUTED

icon to expand image

Catholic Social Services of the Miami Valley started construction on a 6,500-square-foot expansion to its location at 922 West Riverview Ave. in Dayton last week.

Who is involved: RDA Group are the architects for the project and Fender Construction is the general contractor. The estimated completion date is September 2024.

How the Rose Music Center bloomed.

Ten-time Grammy Award winner Carlos Santana brought his “1001 Rainbows Tour” to a sold-out crowd at The Rose Music Center at The Heights on Tuesday, June 27, 2023. The band’s drummer Cindy Blackman Santana, wife of guitarist and bandleader Carlos Santana, was born in nearby Yellow Springs and lived there until she was 11. TOM GILLIAM / CONTRIBUTING PHOTOGRAPHER

Credit: Tom Gilliam

icon to expand image

Credit: Tom Gilliam

A look at how the Rose Music Center went from idea to reality in Huber Heights.

Christmas Tree Shops to close dozens of stores — including a local one

Christmas Tree Shops in Miami Twp. is one of 73 location sets to close after the company defaulted on its $45 million bankruptcy loan. CREDIT: Google

icon to expand image

Take down the Christmas tree: The chain will close all 73 of its stores across 20 states in coming weeks due to a $45 million loan default unless it somehow can be saved at the last moment, the Wall Street Journal reported.

Dayton Air Show is a economic driver for the region

Spectators look to the skies at the Dayton Air Show on Saturday, July 30, 2022.

Credit: Marshall Gorby

icon to expand image

Credit: Marshall Gorby

Last year, some 80,000 people descended on the east side of Dayton International Airport to enjoy the CenterPoint Energy Dayton Air Show. Most of them tried to use the Interstate 75-Northwoods Boulevard exits, freezing traffic on the interstate in that area in both directions.

Suggestion: Show leaders are asking visitors this year to get to the show earlier.

Business moves

Beavercreek architecture, engineering and geospatial business Woolpert has hired Jack Patton, a veteran of both the Air Force and Huber Heights industrial technology and geospatial company firm Trimble, as a geospatial business strategist and consultant. Patton will help Woolpert develop geospatial and surveying business opportunities with the Department of Defense and other federal clients.

Jack Patton, geospatial business strategist and consultant for Woolpert. Contributed

icon to expand image

A Woolpert spokeswoman said that while Patton did not serve at Wright-Patterson during his time at the Air Force, he was based out of Trimble locally and spent time at the company’s office in Colorado. Most of his travel time was spent meeting Department of Defense customers across the U.S.

Readers, you can reach me at tom.gnau@coxinc.com and (937) 681-5610. Find me on Twitter and Facebook. Thanks for reading.

About the Author