PDAC: Submission #735 | Dayton Development Coalition

Submission information

Project Details

1. To which Review Panel are you submitting your project? Economic Development

2. Project title Wright Factory Business Park

3. Short description The City of Dayton is the owner of the former Wright Brothers Aircraft Manufacturing Site. We are seeking funding for the redevelopment of the non-historic buildings/hangers (3, 4, and 5). Funding would be used to create and realized a state-of-the-art coworking/incubation space for black and brown entrepreneurs who typically don't have access to the start-up necessary to build out their own commercial space, as well as a food hall/retail space to house amenities for West Dayton residents.

Organization Details

4. Organization making the request City of Dayton

5-8. Address 101 W. Third Street
Dayton, Ohio. 45401

9. County Montgomery

10. Recipient organization Same

11-14. Address {Empty}

15. County {Empty}

16. Organization type Government

Organization Contact Details

17. Name Veronica Morris

18. Title Economic Development Supervisor

19. Organization City of Dayton

20. Telephone (937) 333-3912

21. Email veronica.morris@daytonohio.gov

22-25. Address 101 W. Third Street
Dayton, Ohio. 45401

26. County Montgomery

27. Additional contacts Lamonte Hall, Assistant to the City Manager
City of Dayton
(937) 333-3794
lamonte.hall@daytonohio.gov

Location Details

28. City Dayton

29. County Montgomery

30. Congressional district Ohio 10th

Financial Details

31. Funding request 4500000

32. Total Cost 7921000

33. Other sources of funds City of Dayton - $2,396,000 (American Rescue Plan) - (committed)
Other partner support: $1,025,000 for building improvements (forecasted)

34. How the funds will be used Construction or Capital

35. Do you have matching funds raised or committed? If yes, explain in question #36. If no, skip to question #37. No

36. If yes, please provide additional information. (Or, budget document can be uploaded, see question 37) {Empty}

37. Budget Yes

Budget File Upload

2022-11-projected-wright-factory-redevelopment-budget---hangers-3-5.pdf (117.86 KB)

38. By what date will you be ready to spend the funds Within the next 6 months

39. Programs/grants for which this project would qualify HUD EDI

Community Details

40. Community Need After engagement with key commitment partners and residents, it was determined the non-historic hangers (3, 4, and 5) are best suited for community and economic development activities. This property is located in a community where greater than 75% of residents are black. This community is in desperate need of a catalytic project and will benefit greatly from the creation of a center for innovation, entrepreneurial activities, and new business development, specifically for black and brown entrepreneurs. This “center” will offer an on-site incubator/co-working space, business development resources, and shared services. Located in this space will be a kitchen incubator, community/business meeting space, and maker space to facilitate the development of product-focused small manufacturing enterprises.

The overall goal of this incubation and entrepreneurial hub is to facilitate and encourage the sustained growth of small black and brown companies. As these companies grow, black and brown business owners will soon close the gap between black-owned employer firms and white-owned employer firms, positioning their companies to provide much-needed jobs for West Dayton residents. This project will also assist in the creation of an urban food hall/marketplace providing food and retail opportunities for the local neighborhoods.

The proposed revitalization activities and new capital investment will positively impact a community in desperate need of a transformative project. Since this remediated brownfield is located on a major thoroughfare, the redevelopment of this strategic site is also critical for improving the overall community image, which began with an $11.5M investment made by Dayton Metro Library. Approximately 28,000 residents live within a 10-minute walk of this proposed redevelopment site. Entrepreneurial, retail, tourism, and cultural activities at this site will create a "hub" for economic and community programming will be an indirect, but impactful benefit of this project.

41. Previous Funding: Has the requesting organization received Congressionally earmarked funding in the past? If so, please provide a brief project description, year funded, amount, and Congressional sponsor. Yes, we have received Congressionally earmarked funding in the past:

Kitchen At The Arcade Business, City of Dayton OH - kitchen incubator and support services (2022) - $1,300,000
Downtown Dayton, City of Dayton, OH Urban Innovation Center - business development project (2022) - $3,000,000

42. Direct new jobs created 51 to 100

43. Existing jobs retained? {Empty}

44. Sustained permanent jobs? 51 to 100

45. Please explain how you determined the job creation listed in questions 42-44. Direct new jobs created: Assumes 10 new businesses annually, each averaging 5 new employees, for 50 new jobs annually, and 100 over the two-year planning period.

Existing jobs retained: Assumes 0 existing businesses, each averaging 0 jobs, for 0 retained jobs annually, and 0 over the three-year planning period.

Sustained permanent jobs: Adding the 100 new to the 00 retained (which will probably include prior years' new jobs), plus attrition, between 51-100 such jobs is reasonable.

46. Using your best guess, of the jobs created over the next 10 years, what will the average salary be? $25,001-$50,000

47. Is your project a workforce development program? No

48. If yes, does your program center on one of the ten JobsOhio targeted industries? No

49. Counties in which jobs will be created Montgomery

Additional Details

50. Letters of endorsement, supporting materials, additional information. You can submit ONE PDF file that does not exceed 10 pages.

2022 Letters of Support PDAC.pdf (237.75 KB)

51. Is there opposition to the project? No

52. Name of person filling out this form. Veronica Morris

53. Telephone number of person filling out this form. (937) 333-3912

54. Email of person filling out this form. This is where notification will be sent that the form was received. veronica.morris@daytonohio.gov

55. Do you want your project to be considered as a Community Project in the fiscal year 2025 –2026 State Capital Budget Bill? {Empty}

56. If your project type is on the list of ineligible projects (see above), please offer an explanation why your project could be eligible. If your project is not on the list, answer the question by stating that your project is not on the list of ineligible projects. {Empty}

57. Has your organization received state capital budget funding in the past? If so, provide a brief project description, year funded, and amount. {Empty}

58. Does your project have a connection with, or provide some benefit to, a state agency that has bonding authority? Please check all that apply from the following list: {Empty}

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