Oberer Land Developers is working with Ryan Homes to build a market-rate, “Simply Ryan” community, said Greg Smith, developer with Miamisburg-based Oberer Companies.
Construction is expected to begin in the summer or fall, pending approval by the city of Dayton, Smith said.
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In the mid-1990s, the site at 4400 Old Troy Pike was rezoned to establish a manufactured home development, with as many as 300 mobile homes.
But adjacent property owners opposed the mobile home project and pushed for single-family homes, city records state.
The proposed development never moved forward.
In September 2017, a West Chester company called Liberty-Bravo III LLC purchased the 4400 Old Troy Pike property for $625,000, according to Montgomery County real estate records. Development firm Oberer is the applicant requesting the zoning map amendment in support of the housing project.
The plan is to build one- and two-story homes, ranging in size from two-bedroom ranches (1,250 square feet) to five-bedroom homes (2,300 square feet), city documents state. The homes will have attached garages.
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Homes will be wood framed with vinyl siding materials, Smith said.
The new housing community will be developed in stages over multiple years, he said.
The property is attractive because it “has access to sewer and water service, has an attractive rolling topography and proximity to amenities, employment and services,” Smith said.
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