The site will be an operating facility for Dayton Freight where vehicles will be serviced, Stanley said. He could not immediately say how many people will be employed there.
The property in question was owned by city of Dayton within the city of Union, Stanley said. As a result of a recent settlement between those two cities, the land is now in the process of being sold to Dayton Freight, he said.
“They have been in negotiation with the city of Union for some time,” Stanley said.
The company wants to commence construction as early as March, with work completed next year, Stanley said.
In November last year, Dayton leaders weighed selling 32 acres of land near Dayton International Airport to a company called Stream’s Edge Properties LLC as the potential buyer. Streams Edge and Dayton Freight have an executive in common.
The property is located along the north side of the 3000 block of Old Springfield, west of Peters Pike. The land is northwest of the airport.
The 40-year-old freight company, headquartered at 6450 Poe Ave., has more than 5,000 employees and nearly 4,300 trailers.
Anthony Rocco, Dayton Freight’s chief operating officer, told the Dayton Daily News last year that his company’s industry segment is the time-sensitive “less than truckload” or LTL market. Sometimes, his drivers are able to unload their relatively small deliveries themselves, Rocco said at the time.
A message seeking comment was left with Rocco on Monday. Rocco is listed as vice president of Stream’s Edge Properties, with whom TID trustees approved the agreement.
Other parties to the agreement are the city of Union and Dayton Freight Lines Inc.
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