Woodard buys Oregon District properties, will reuse one, tear blighted one down

The building immediately east of Lily’s restaurant is targeted for demolition, while the next building over will be renovated
Two vacant buildings at 337 and 341 E. Fifth Street in the Oregon District that have been purchased by Woodard Development. The company plans to renovate the yellow building at 341 and tear down the other, which is blighted and crumbling. CORNELIUS FROLIK / STAFF

Two vacant buildings at 337 and 341 E. Fifth Street in the Oregon District that have been purchased by Woodard Development. The company plans to renovate the yellow building at 341 and tear down the other, which is blighted and crumbling. CORNELIUS FROLIK / STAFF

One of the Water Street developers has purchased two buildings in the Oregon District, and the company plans to renovate one and demolish the other, which they and the city said is structurally unstable.

Woodard Development has acquired two side-by-side buildings at 337 and 341 E. Fifth St., which are immediately east of Lily’s restaurant.

Both two-story buildings are vacant, but one needs to be demolished as soon as possible, said Jason Woodard, principal of Woodard Development.

A rendering of what the properties at 337 and 341 E. Fifth St. could look like after a blighted building comes down and the structure next door is renovated. CONTRIBUTED

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Woodard Development purchased the buildings earlier this month. Both have been unused for many years, and it looks as though they may have been most recently used as storage.

The property that will be torn down is about 2,500 square feet, while the one that will be reused is about 7,000 square feet.

Woodard said he does not have any immediate plans for the properties, but it’s possible that after the building is demolished it could become an activated patio-type space.

Dayton’s chief building official and director of building services, Scott Adams, inspected 337 E. Fifth St. and found issues that suggest the property is in danger of failing or collapsing, says a letter from Tony Kroeger, Dayton’s planning division manager, to Oregon District residents, businesses and stakeholders.

The conditions of the building compel the city to approve the demolition of the property, Kroeger said.

Demolition in historic districts is an option of last resort, but this project will replace an unsafe structure with an attractive and active courtyard, the letter states.

Woodard says he expects to apply for demolition permit sometime soon.

Woodard already owns multiple properties in the Oregon District. He recently purchased buildings on the 500 and 600 blocks of East Fifth Street, which are home to popular shops like Press Coffee Bar, Clash and Corner Kitchen.

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