The city of Dayton this week approved a $40,000 grant to a help pay relocation and expansion costs for the company, which has been around since 1952.
A development agreement calls for Stone Center to invest at least $599,000 to acquire and renovate the building. Stone Center purchased the building in late May for $328,000, according to auditor’s records.
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Stone Center sells granite and quartz countertops, ceramic tile and stone and glass products for kitchens and baths.
The company says its showroom has one of the largest on-site inventories in the region, featuring hundreds of stone slabs and tiles.
The company is excited to see the investments the city is making in the Old North neighborhood as part of the DaVinci Project, said Keith Kline, senior development specialist with the city of Dayton.
The facility is located directly northeast of a large field that the Salvation Army plans to turn into athletic fields and courts. The center plans to spend about $4.3 million on the project, which sits just across the street from the $40 million Ray & Joan Kroc Community Center at 1000 N. Keowee St.
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