Dayton Arcade

Development, Financial Advisory


Completed

Winter 2020

CSP Role

Developer, Property Management, Financial Advisory

Contact

Dave Williams, Nick Bankert

Partners

McCormack Baron Salazar, Model Group

Download a PDF of this project

Cross Street Partners (CSP), Model Group, and McCormack Baron Salazar are redeveloping the historic Dayton Arcade, a collection of nine buildings totaling over 500,000 SF in the heart of downtown Dayton’s central business district. The full development plan will recast the Arcade in much the same way it was initially developed in the first decade of the 20th century—with a mix of retail, offices, event space and housing. The first phase of the project, the South Arcade, will consist of an innovation center with the University of Dayton as a higher education partner in addition to a 110-unit residential LIHTC and market rate development for artists and creative entrepreneurs. The second phase, the North Arcade, will include a shared commercial kitchen program, a marketplace retail and restaurant environment, and micro-lofts or hospitality user space.

Visit Dayton Arcade’s website here

The Arcade is part of a larger plan by the City of Dayton to bring residents, jobs, and visitors back to the downtown. Across the street from the Arcade is the new Levitt Pavilion – an outdoor live music venue that offers 50 free concerts each year. The Levitt is at the center of “The Nine”, a nine-block redevelopment strategy led by the City that builds on existing underutilized assets to build a premier downtown urban neighborhood centered around a central park. The restoration of the Arcade is now the highest priority for the City of Dayton, and the Arcade has its greatest potential, more so now than ever before, to be a center for innovation and force for economic development in downtown Dayton.

Among the tenants leasing space are anchor tenant Arcade Innovation Hub, a joint venture of the University of Dayton and The Entrepreneurs Center that will bring hundreds of UD faculty, staff and students, comprehensive entrepreneurial support services and working space for local startups; Culture Works, a funding, advocacy, and service organization that inspires, supports, and sustains arts and culture in the Dayton Region; Better Business Bureau, an non-profit organization that focuses on advancing marketplace trust; and Cross Street Partners, a development, construction, financial advisory and property management company.

View Arcade Progress
Dayton Financial Advisory Opportunity

In The News: Dayton Arcade

12/13/2016

Dayton Arcade: Photographs reveal landmark frozen in time

My Dayton Daily News

12/12/2016

Then & Now: Where Dayton gathered under the Arcade rotunda

My Dayton Daily News

12/02/2016

‘Serendipity:’ Why the latest Dayton Archade plan has so much traction

Biz Journals

11/30/2016

There’s new optimism for Dayton Arcade

ABC 22 Now

11/28/2016

Dayton Arcade planners eye $4M incubator, co-working space

Biz Journals

11/21/2016

Miller-Valentine’s Dave Williams talks Dayton Arcade progress

Biz Journals

11/18/2016

Dayton Arcade developers share some plans for it during tour

Whio

11/15/2016

New details of $70M downtown Dayton Arcade project revealed

Biz Journals

10/07/2016

Dayton Arcade requests $5M in support

Dayton Daily News

09/22/2016

Land bank to manage several Dayton Arcade buildings

Whio

09/19/2016

Special financing may become part of Arcade project

Dayton Daily News

06/24/2016

Challenges remain for Arcade redevelopment

My Dayton Daily News

06/15/2016

Dayton Arcade grated $20M in housing tax credits

Biz Journals

06/14/2016

Future of Dayton Arcade faces big decision this week

My Dayton Daily News

06/03/2016

Dayton Arcade effort moving forward

Biz Journals

06/02/2016

First look: Developers release Arcade renderings

Dayton Daily News

04/05/2016

Downtown Dayton readies for growth spurt


WDTN

10/30/17

These unique details inside the Dayton Arcade made it beloved in its heyday

Dayton Daily News

11/15/2017

FOX 45 gets an inside look at improvements to Dayton Arcade

FOX45NOW.com

02/26/2018

State budgets $1 million for Arcade, millions more for area projects

Dayton Daily News

03/05/2018

After Miller-Valentine exits Dayton Arcade project, 2 big players step up

Dayton Daily News

03/06/2018

Two new partners named to Dayton Arcade project

Dayton Business Journal

03/06/2018

Arcade is definitely happening, developer says: "We're way too pregnant"

Dayton Daily News

03/06/2018

Developer: Downtown Dayton Arcade will DEFINITELY reopen

My Dayton Daily News

03/09/2018

New Dayton Arcade partners part of amazing Midwest transformations

Dayton Daily News

04/03/2018

Proposed projects could create more than 500 jobs in Dayton area

Dayton Business Journal

04/11/2018

Developers seek $500,000 in county grant funding for Dayton arcade project

2 News WDTN.com

04/18/2018

Dayton Arcade's sleeping giant: Art grabs attention, points to future

Dayton Daily News

05/11/2018

County committee recommends $500K for Dayton Arcade

Dayton Daily News

05/15/2018

Montgomery Co. Commissioners approve Arcade and projects funding

2 News WDTN.com

05/23/2018

City of Dayton approves $10M loan for Arcade project

Dayton Business Journal

05/23/2018

Leaders of Dayton Arcade redevelopment excited by Dayton's decision to enter agreement

abc22now.com

05/23/2018

City's $10 million loan to Dayton Arcade largest investment in 15 years

WHIOTV7

05/23/2018

City's $10 million loan to Dayton Arcade largest investment in 15 years

Dayton.com

05/23/2018

City of Dayton approves Arcade development agreement

DaytonLocal.com

05/24/2018

Dayton's $10M deal: Dayton Arcade must reopen by 2020

Dayton Daily News

06/18/2018

Port Authority to boost Arcade improvements, save project $1M

Dayton Daily News

08/28/2018

Dayton Arcade project to get $1M boost fromMontgomery County

Dayton Daily News

08/28/2018

Montgomery County Commission approves $1 million for Dayton Arcade

2 NEWS/ WDTN.COM

08/30/2018

Montgomery County approves $1M for Dayton Arcade project

Dayton Business Journal

09/07/2018

Two Ohio cities illustrate a growing divide between the old and new economy

NBC NEWS

09/27/2018

EXCLUSIVE: Major changes announced by 27-year-old downtown arts institution

Springfield News-Sun

11/13/2018

Dayton Arcade buildings in developer’s hands

Dayton Daily News

12/05/2018

Tenant agreements, financial closing imminent for Dayton Arcade project

Dayton Business Journal

12/10/2018

Dayton Arcade project inching closer to construction and renovation

2 NEWS wdtn.com

12/10/2018

Demolition work finally begins inside Dayton Arcade

Dayton Daily News

01/05/2019

Rust Belt states reinvent their abandoned industrial landscapes

The Irish Times

01/09/2019

Dayton Arcade developers acquire final building in complex

Dayton Business Journal

01/08/2019

With Kuhns purchase, developer controls all Arcade buildings

Dayton Daily News

01/09/2019

Dayton Arcade Renovation Steps Forward With Purchase Of Kuhns Building

WYSO

03/08/2019

A view few in Dayton’s history have seen: Inside the dome of the Dayton Arcade

Dayton Daily News

03/14/2019

Dayton Arcade project moves ahead with rotunda restoration, cleanup

Dayton Business Journal

03/27/2019

City expects 10-year tenant to sign lease for revitalized Arcade

WHIOTV

03/28/2019

Arcade rehab called ‘most complicated project’ in Dayton history

Dayton Daily News

04/09/2019

UD partnership signs 10-year, multi-million dollar lease for Dayton Arcade space

Dayton Daily News

04/09/2019

Dayton Arcade's anchor tenant signs long-term lease, will invest $10M

Dayton Business Journal

04/09/2019

UD, Entrepreneurs Center commit to 10-year lease at Dayton Arcade

abc 22NOW

04/09/2019

University of Dayton, The Entrepreneurs Center Announce Arcade Commitment

University of Dayton News

04/10/2019

City approval sets stage for Dayton Acade's long-awaited financial close

Dayton Business Journal

04/15/2019

The Dayton Arcade: Waking the Giant

ThinkTV

04/21/2019

Arcade project may get final OK this week

Dayton Daily News

04/23/2019

Financial closing for the Dayton Arcade set to begin Wednesday

22NOW

04/25/2019

NEW DETAILS: Dayton Arcade deal closes, city leaders celebrate

Dayton Daily News

04/25/2019

City to close on Dayton Arcade property

2 NEWS

04/25/2019

Dayton Arcade deal is done: Here’s what’s coming

Dayton Daily News

04/25/2019

Living Dayton Dayton Arcade

2NEWS

04/29/2019

Stakeholders celebrate Dayton Arcade project's financial closing

2 NEWS

04/30/2019

Dayton Arcade survived ‘near-death’ moments

Dayton Daily News

05/01/2019

See the Dayton Arcade transformation begin

Dayton.com

05/11/2019

Dayton Arcade tour sparks excitement for downtown development

2 NEWS

05/13/2019

Architect in Arcade redevelopment using innovative building material

Dayton Daily News

05/23/2019

Decoding Dayton

Indigo Life

05/23/2019

Free downtown Dayton shuttle doubling initial target for riders

Dayton Daily News

06/26/2019

New Dayton Arcade book in the works, writer seeks public input

Dayton Business Journal

07/31/2019

Entrepreneurs Center is moving ‘Nucleus’ space to the Arcade

Dayton Daily News

09/24/2019

Dayton Arcade gains new tenant

Dayton Business Journal

09/25/2019

Plans move along for Dayton Arcade redevelopment

2 News

10/15/2019

Name, logo unveiled for UD’s Dayton Arcade hub

Dayton Daily News

10/15/2019

Downtown development helping create lasting jobs

Dayton NOW

10/15/2019

Brand for ‘The Hub at the Arcade’ revealed

2 NEWS

11/14/2019

UD Presidend says Arcade to get students out of UD bubble

Dayton Daily News

11/21/2019

The Entrepreneurs Center lands $10.8M to support startups

Dayton Business Journal

11/05/2019

The Gem City Moves Forward

The Atlantic - Reporter's Notebook

12/06/2019

The Most Transformative Project in America

The Philadelphia Citizen

12/06/2019

Photos: Behind the scenes during construction at the Dayton Arcade

WHIO TV7 NEWS

12/06/2019

Innovation and creativity at the foundation of Dayton Arcade revitalization project

2 NEWS

12/13/2019

Arcade described as 'most transformative project in America'

Dayton Daily News

12/19/2019

Dayton Arcade win millions in tax credits from state

Dayton Daily News

12/20/2019

Dayton Arcade to feature 110 affordable housing units

Dayton Business Journal

01/07.2020

Arts organization seeks funds to relocate to Dayton Arcade

Dayton Business Journal

04/22/2020

Downtown development continues despite COVID-19 pandemic

Dayton NOW

04/23/2020

Re-Opening the Economy and the Complexities of Downtowns

The New Localism

11/16/2020

Part 1 - Waking the Giant

ThinkTV

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