RELATED: UD building new office building on south campus property
It could take 15 to 20 years for the property to be completely redeveloped, according to the university and Premier.
“This is not your typical capital development,” Mary Boosalis, CEO and president of Premier Health said in a prepared statement. “We have an ambitious vision that will take considerable public and private support to realize. As we said from the beginning, we want to do this right versus fast, and that will take time.”
UD and Premier are looking for organizations that would be willing to help pay for roadways, utilities, water and sewer, and selective demolition of existing structures, according to the university and Premier.
Now that @univofdayton and @PremierHealthOH are looking for funding to redevelop the former Montgomery County Fairgrounds, what would you like to see the property used for?
— Max Filby (@MaxFilby) June 13, 2018
Workers will begin demolition of some buildings on the fairgrounds during the second half of 2018. The Roundhouse at the former fairgrounds will be preserved and a property management firm has been hired to maintain the grounds and keep the buildings secure, according to the university and Premier.
While Premier Health and Encompass Health construct a freestanding rehabilitation hospital north of the former fairgrounds, Miami Valley Hospital employees will temporarily utilize a portion of the north end of the property for parking. Passersby may also notice new landscaping and iron gates being installed at the former fairgrounds, according to the university and Premier.
RELATED: University of Dayton buys property near school
“The vision remains the same: to create a vibrant, mixed-use development that builds on Dayton’s history of innovation and entrepreneurship and can propel our next wave of jobs and opportunity,” UD president Eric Spina said in a prepared statement.
UD jointly purchased with Premier Health last year. UD and Premier each paid $5.25 million of the $15 million purchase price.
The 38-acre fairgrounds redevelopment is one of the most anticipated projects in recent Dayton history. Though Premier and UD have not made a final decision for the fairgrounds, they’ve proposed a number of ideas that include housing, retail and green space.
FIVE FAST READS
• Algae plaguing Ohio lakes could force Kasich to take executive action
• PHOTOS: Retail tycoon’s former Ohio mansion on sale for $3.95 million
• Ohio colleges taking steps to avoid unchecked sex abuse cases
• The tomato on your Wendy’s burger will be grown in an American greenhouse in 2019
• PHOTOS: Victorian farmhouse with wine cellar, party barn on sale in Troy
Thanks for reading
The Dayton Daily News is committed to bringing you independent, in-depth local stories. Help support our journalism by signing up for a print or digital subscription.
About the Author