Dayton Market Overview
ICSC 2013 Ohio/West Virginia/Indiana/Western Pennsylvania
Idea Exchange - August 2013
Presented By: Paul Howe
Broker/Owner, Paul Howe Realty
327 Skyland Drive • Bellbrook, OH 45305 • PH: 937.475.1963 • www.paulhowerealty.com • paul@paulhowerealty.com
Dayton, OH
Greater Dayton Area
Market Fast Facts
Dayton Population
• The city of Dayton has a population of 142,148, with 537,602
residents in Montgomery County (2011 data)
• Dayton MSA is 1,000,000 including Greene, Miami,
Montgomery and Preble Counties
Major Employers – Wright Patterson Air Force Base, Premier
Health, Kettering Health Network, Kroger, Montgomery
County, LexisNexis, Sinclair Community College, University
of Dayton
Regional Draws - Dayton Dragons, University of Dayton,
Wright State University, Five Rivers MetroParks, Dayton
Performing Arts Alliance, Dayton Art Institute, National
Museum of the USAF
Dayton Area – GROWING!
Market Metro Map
Market Development
• The Greene Towne Center
• Cornerstone of Centerville
• Water Street Development
• Austin Landing
• The Heights
• Dayton Mall
• The Mall at Fairfield Commons
• Springfield Town Center
The Greene Town Center
• Built in 2006 and comprised of 1.1 million SF of gross leasable area and 206 fully
leased residential apartment units
• Located in Beavercreek at
I-75 & Indian Ripple Rd.
• Opened 15 new stores in the
last two year period
• Welcomes over 8.6 million
visitors annually
• New openings in the last six
months include Buckle, Hot Mama, Pies and Pints, Tilly’s and Brighton Collectibles
The Greene Town Center
The Greene Town Center
Cornerstone of Centerville
• New 125 acre mixed use development
accommodating retail, restaurant,
entertainment, hospitality & professional office
users
• 400+ residential units
• Located at I-675 and Wilmington Pike
• Located ¼ mile north of Miami Valley South, a
new 268,000 SF hospital and medical complex
• First anchor tenant store open by October 2014
Cornerstone of Centerville
Water Street Development
• $36M Luxury Riverfront Mixed-Use Project
including 161 residential units and 50,000 SF
of commercial/office space in Phase I
• 12,000 SF first floor restaurant and retail space
on Patterson Boulevard, river views, outdoor
seating. Adjacent to Riverscape MetroPark
and Fifth Third Field
• Adjacent parking (320 structured parking
spaces)
• Major area employers include Caresource,
Premier Health, PNC Bank, Stratacache, Tech
Town and multiple law firms
Water Street Development
Austin Landing
• 300,000 SF of office space at 96% occupancy, tenants include Merrill Lynch, Eubel Brady &
Suttman, ThyssenKrupp Materials and Wells Fargo
• Kohls, Hilton Garden Inn and Kroger will soon be joined by Panera, TJ Maxx/HomeGoods,
Jack’s Pets, Great Clips, Five Guys Burgers & Fries and BJ’s Restaurant & Brewhouse,
slated to open in early fall
• Regal RPX cinema in Ohio, along with the village area of retail and restaurants will begin
on Nov. 1 and be completed by Fall 2014
• On the south side of Austin Boulevard,
construction is starting soon on a
mid-size box center and two
substantial medical related projects
Austin Landing
Austin Landing
The Heights
• 142 acre mixed use development featuring entertainment, restaurant, retail,
hospitality, office & medical uses
• Construction beginning on a outdoor,
fully covered music center and a
GoodSports facility with a full service
hotel to be complete by fall 2014
The Heights
• 15 minutes north of Dayton
at I-70 and SR 201 in Huber
Heights
The Heights
Dayton Mall
•1,417,138 SF of gross leasable area including a
97,000 SF open-air center completed in 2006
• Currently 93% leased
• Located in the South Dayton market at the
intersection of SR 741 & SR 725 just east of
I-75
• 30,000 SF of construction for remodels,
expansion, and new tenancy for the remainder
of 2013 and into 2014
• New tenants include Dick’s Sporting Goods,
HH Gregg, Dress Barn, G&G Perfume, The Oil
Bar, iLaser Jewelers, Sweet Sensations,
T-Shirt Factory, Diamond Plaza, Snob
Boutique, and Pinot's Palette
Dayton Mall
Mall at Fairfield Commons
•1,138,303 SF of gross leasable area
• Currently 90+% leased
• Located in the Dayton-Springfield metropolitan
market on N. Fairfield Rd. just south of I-675
• New tenants include Cinnabon, Nori Japan,
Crazy 8, ps from aeropostale, Dolce Mio,
Toys R Us Express, XD Max, Jubals
• Renovations and expansions over the past
year include Justice, Deluxe Nail Spa, Build-A
Bear Workshop, Buckeye Room
EB For
Her
EB Men’s,
Kid’s and
Home
Mall at Fairfield Commons
Springfield Town Center
• Springfield Town Center Phase II will be an new
retail development anchored by Wal-Mart
Supercenter and Home Depot located on North
Bechtle Avenue, right off Route 68
• Lowes, Kohl’s, Meijer, Target, Best Buy, Michaels,
Bed Bath and Beyond, Marshall’s and Ashley
Furniture are located in this retail area
• Phase II will build on success of Phase I which
includes Buffalo Wild Wings, Glamour Nails, Sport
Clips, and Sleep Outfitters
Springfield Town Center
2013/2014 New/Expanding
New/Expanding Retailers and Restaurateurs
For further detail on a specific tenant shown please visit the ICSC
website for contact and site expansion information
http://www.icsc.org/
New/Expanding Retailers
New/Expanding Retailers
New/Expanding Retailers
New/Expanding Retailers
New/Expanding Restaurants
New/Expanding Restaurants
New/Expanding Restaurants
ICSC Website
http://www.icsc.org/
Thank you!
For a copy of this presentation or to further explore the Dayton Market,
please feel free to contact me.
Paul Howe – 937.475.1963
paul@paulhowerealty.com
327 Skyland Drive • Bellbrook, OH 45305 • PH: 937.475.1963 • www.paulhowerealty.com • paul@paulhowerealty.com