12 Sep
ACBP Building concept render

Summer 2016 Newsletter






Summer 2016

In this issue….

14th Annual ED Summit: Assistant Commerce Secretary to keynote
Joint venture breaks ground on ‘spec’ building
Energy firm named DP&L Channel Partner of 2015
MVDSA wins at Choice One Charity Cup
Additional funds for demolitions anticipated
Jobs Ohio manager talks incentives
About the Association

summit-1614th Annual Summit: Assistant Commerce Secretary to Keynote

Register today!
Trending topics, insightful speakers, and opportunities to connect with other professionals are all in store at the I-70/75 Development Association’s 14th Annual Economic Development Summit on May 26.

The keynote speaker, Assistant Secretary of Commerce Department, Economic Development Administration Jay Williams, will address the topic of “Modernizing the Way Economic Development is Done to Support Regional Innovation Strategies.” Williams is a recipient of the 2007 John F. Kennedy New Frontier Award and was appointed to his current position by President Obama in May 2014.

Local, regional and national officials presenting will offer direction and information highlighting growth opportunities and updates that impact the Dayton Region in these areas:

  • Finance
  • Real Estate
  • Regional Cooperation
  • Infrastructure Construction
  • Foreign Investment

The closing session will feature Dean Barber, national site selector for Barber Business Advisors, speaking on “Technology and How Work is Changing.”

The cost of the day-long summit, including continental breakfast, lunch and networking reception, is just $75 per person for members, and $100 for non-members. The event is held at Sinclair Community College – Ponitz Center, 301 W. Fourth St., Building 12.

Don’t miss the premier event of the year for the Dayton Region’s economic development professionals. Register today by visiting our website.

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acbp-building-two-rendering_smallJoint venture breaks ground on ‘spec’ building

In a joint venture, Mark Fornes Realty Inc. and Construction Managers of Ohio have undertaken the second phase of development of an 80-acre business park near the I‐75/Austin Boulevard interchange in Miamisburg. The firms have broken ground on a new, 60,000-square-foot “spec” building, near the FedEx Distribution Center. Completion is expected in September 2016.

Already built is 260,000 square feet of fully-leased commercial space. The current tenants include:

  • Terex Services
  • Matrix Overhead LLC
  • Dental Services Group
  • Endolite
  • Dayton Superior Corporation
  • Ohio Gravure Technologies
  • Option Care
  • Staco Energy Products
  • MSC Industrial Supply Company
  • Mark Fornes Realty, Inc.
  • Nautilus Hyosung America, Inc.
  • LJR Electronics LLC
  • ElectriPack

The owners are currently negotiating with two prospective tenants, and may break ground on yet another building this fall.  When Austin Business Park is complete, there will be 15 buildings, over 1 million square feet of commercial space, and projected employment of more than 1,000 jobs in the city of Miamisburg.

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edited2_energyoptimizerslogoEnergy firm named DP&L Channel Partner of 2015

Energy Optimizers, USA has been selected as a 2015 Dayton Power & Light Channel Partner of the Year.

DP&L’s Channel Partners are businesses that are familiar with the DP&L rebate process and can assist companies, public organizations and homeowners with selecting and installing energy-efficient equipment.

The firm earned the award for consulting on 41 energy reduction projects during 2015, ultimately helping DP&L customers save more than 2.4 million kilowatt hours of energy and obtain $301,506 in rebates. The Tipp City-based company has generated more than $950,366 in DP&L rebates for its clients since the Channel Partner program was launched in 2009.

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choice-one_mvdsaMVDSA wins at Choice One Charity Cup

More than 250 local individuals with Down Syndrome and their families will be the beneficiaries of the annual Choice One Charity Cup, a fundraising event sponsored by Choice One Engineering. Now in its third year, the event raised over $5,000.

The Charity Cup involves teams from the Sidney and Loveland, Ohio, and Portland, Indiana areas competing in a unique, fundraising cornhole tournament that pits teams from municipalities, agencies, and businesses against each other in a one-of-a-kind style of competition.

“We’ve experienced such an incredible outpouring of generosity from the clients and friends of this local company, and it means the world to the families we serve,” said Jenna Stites, executive director of the Miami Valley Down Syndrome Association.

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Grant-TemplateAdditional funds for demolitions anticipated

The state of Ohio will receive $90 million in new federal dollars from the US Department of Treasury’s Hardest Hit Fund to help communities that were devastated by the foreclosure crisis. Since 2010, the fund has awarded more than $570 million to Ohio and helped more than more than 24,500 Ohioans, according to a press release from the office of Senator Sherrod Brown.

The Montgomery County Land Bank has received $5.9 million since 2013.

Ohio Housing Financing Agency officials intend to include the new dollars in the NIP re-allocation this fall, which has already been scheduled. Existing land banks will not need to submit new or updated applications, but will be awarded funds based on the performance metrics already in place. This is subject to change, however.

The Montgomery County Land Bank will provide additional details when they become available.

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logoJobs Ohio manager talks incentives

Jobs Ohio Project Manager Scott Mueller spoke at the April membership meeting of the I-70/75 Development Association, providing pointers on how members could align with the resources provided by his organization. In his presentation, Mueller highlighted several of the Jobs Ohio economic development tools, including:

  • Incentives such as job-creation tax credits
  • Low-interest loans that serve as bridge financing in conjunction with other lenders
  • Economic development grants
  • Revitalization grants
  • Workforce grants, and
  • Project facilitation assistance.

He encouraged members to involve the Dayton Development Coalition as early as possible in any development plans.

Mueller also noted the Dayton Region’s economic development successes in 2015, pointing out that “collaboration has been the key to big wins for the region.”

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70-75logo_square-newsletterAbout the Association

The I-70/75 Development Association brings together more than 100 of southwest Ohio’s most progressive businesses, local governments, economic development organizations, special districts and jurisdictions, as well as some 250 individuals, all working toward building a stronger Dayton region. With its 20+ year history, the association strives to improve the region’s development opportunities through professional development, networking and information sharing. The association sponsors monthly programming activities in addition to its annual Economic Development Summit.

For more information, please visit the I-70/75 Development Association website.

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