Townhomes Planned for First and Patterson
Dayton Daily News
By Stephanie Irwin
DAYTON | Dayton city officials have selected a Cincinnati developer’s housing proposal to complete the redevelopment of Cooper Place downtown.
A Dayton economic development specialist confirmed Friday the city is negotiating with Al Neyer Inc. to transform three corners at First Street and Patterson Boulevard into street-front and courtyard town homes and flats.
An agreement would give Neyer the exclusive rights to develop the site, said Shelley Dickstein, senior planning specialist.
The parcels include two vacant lots adjacent to Lincoln Storage and the Relizon Co. headquarters, while the third southwest corner is a parking lot owned by PMI.
Dickstein said her office queried 20 developers from Columbus to Cincinnati about their interest in developing the site in August, and got four initial responses. Two developers submitted proposals, and her office and CityWide Development Corp. picked Neyer’s proposal in December.
Neyer’s streetfront townhome concept includes “dramatic” atrium-style garden townhomes with rooftop terraces, and loft-styled urban townhouses and flats, said Gail Paul, spokeswoman for Neyer.
“We envision a vitalized, true urban neighborhood offering a diverse blend (of living spaces),” Paul said.
The entire project will take three to five years to complete.
After negotiations close in early February, Neyer will start developing construction plans with Rogero Buckman Architects inc. during a series of public meetings through mid-summer.
CityWide Development Corp., will also review Neyer’s financing to see if any assistance is required, said Buddy LaChance, director of neighborhood development.
The city must also acquire the parking lot from PMI before the lot can be developed.
“The surface parking lots are parcels that were deemed substandard and to be acquired by the city,” Dickstein said.
Representatives from PMI were not available for comment on the city’s plans.
Contact Stephanie Irwin at 225-7404.