Friday, November 10, 2006

City of Dayton Seeks Community Input on Kroger Site Proposal

Release Date: Friday, November 10, 2006
Contact: Gwen Eberly, Acting Economic Development Director, 333-3805
Keith Klein, Senior Development Specialist, 333-3812

The City of Dayton Office of Economic Development has tentatively selected Midland Atlantic Development as the preferred developer for the proposed 12-acre site located at the corner of Wayne Avenue and Wyoming Street. The proposed site plan will be presented for community input at 6:00 p.m. on Monday, November 13 at the Southeast Priority Board, located at 2160 E. Fifth Street. A representative of Midland Atlantic will make a brief presentation on the proposal at that time. The public is encouraged to attend and comment on the site plan.

Midland Atlantic Development submitted a proposal in partnership with the Kroger Company. The proposal calls for a 76,000-sq.-ft. grocery store with a gas station and two additional 10,000-sq.-ft. retail buildings. City of Dayton Economic Development staff will negotiate a development agreement with Midland Atlantic to finalize the terms of the Wayne and Wyoming project. These discussions will include establishment of a site plan for the project. City staff expect the proposal to be formally presented to the Dayton City Commission for approval early next year.

Midland Atlantic has constructed more than four million square feet of space throughout the Midwest and Mid-Atlantic regions, which includes an impressive list of successful retail developments. Their projects have included large mixed-use projects, power centers, neighborhood retail, and free-standing build-to-suit developments.

The project is based on the City of Dayton’s 1999 long-range plan, CitiPlan 20/20. The plan calls for concentrating commercial activity at strategic locations, known as clusters or nodes, in order to increase economic benefits to the community. The City hopes to build upon other successes in the area, including new Family Video and Family Dollar stores, CoCo’s restaurant, and the University of Dayton expansion.

For further information, contact Keith Klein, Senior Development Specialist, at 333-3812. Media inquiries should be directed to Gwen Eberly, Acting Economic Development Director, at 333-3805.

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