It was unclear Wednesday, for that reason, who might occupy the building or how many people might work there.
“I think a spec building of this nature is one that can have distribution,” Stanley said. “In my experience, there can also be light manufacturing.”
The project will be overseen by Panattoni Development Co. Inc. Messages seeking comment were left with that company.
As part of the project, the transportation district will extend Union Airpark Boulevard to the north of Old Springfield, to serve the west side of that property, Stanley said
Montgomery County property records identified a recent land buyer on that site as “CH REALTY IX JV I DAYTON LOGISTICS WEST LP.” The seller was listed as a trust for Barbara J. Deal. Purchased were parcels of 76.3 and 5.1 acres.
At the Sept. 27 Union City Council meeting, on the council agenda was a resolution authorizing Union City Manager John Applegate to enter into a contract between the city of Union, CH Realty IX JV Dayton Logistics West LP and the Montgomery County Transportation District.
A message was left for Applegate Wednesday.
That part of Old Springfield Road is generally west of Dog Leg Road and east of Union Airpark, an area that that has seen an abundance of logistics warehouse projects in recent years. The parcel is north of Old Springfield.
It was a distribution project in Union that arguably kicked off an ongoing series of projects near Dayton International Airport in recent years. Procter & Gamble opened a distribution center in that community in 2014, drawn by Dayton’s location near the intersection of Interstates 75 and 70 — found some 600 miles of 67 percent of the U.S. population and within 600 miles of 60 percent of the nation’s manufacturing employment.
Founded in 1986, Panattoni describes itself as one of the largest privately held, full-service development companies in the world, with 24 offices in the United States, Canada and Europe.
The company says it has developed more than 320 million square feet of space including more than 110 million square feet of build-to-suit projects.
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