River District Development

Dayton-area riverfront development project makes headway with $3M investment

A significant investment toward a Dayton area’s $75 million revitalization and redevelopment efforts aims to put the city on the map as a destination. The planned district will bring new development, a whitewater park and new riverfront housing to the city.

In a recent press conference, U.S. Rep. Mike Turner (R-Dayton) announced a $3 million investment to the city of West Carrollton’s riverfront development project. The development, led by developers Dillin Corp. and Woodard Development, is slated for completion by the end of the decade.

The 25-acre development’s centerpiece will be a white-water park as the West Carrollton stretch is the only place with viable pool of water for boating and a vertical drop for competitive kayaking, canoe and river surfing, according to a previous DBJ report. Additionally, the development site is anticipated to host, alongside a planned hotel, a small residential section anticipated between 25 and 50 units. But the main section of the acreage will go toward commercial development.

Turner’s $3 million funding allotment will be used to develop the Great Miami River along Exit 47 on I-75 by adding safety modifications to the downstream side of the low dam and re-establish a small craft dock/marina on the river.

“…As we learned in the city of Dayton, you have to have a place for people in your city to come together,” Turner said. “Once you establish that, the capital follows. We’ve seen it happen in downtown Dayton and will see it here. It’s great to hear from Mayor Sanner that this could be a $75 million investment to redevelop and revitalize this area. The city of West Carrollton is incredibly important to Montgomery County and us. I’m very proud to have helped secure $3 million towards the redevelopment of this site.”

Mayor Jeff Sanner said the Whitewater Park and River District has been a project 25 years in the making.

“This project will be transformational for the community and as the gateway into our city,” Sanner said. “Not only is this project going to have an economic impact on West Carrollton, but on the entire region.”

The West Carrollton River District Project is anticipated to be completed by 2030, creating 300 new jobs and equating to about $360,000 in yearly income tax.

MORE ABOUT THE FUNDING:

Through the Fiscal Year 2023 appropriations process, Turner was able to secure $3 million in community project funding for West Carrollton’s Development and Low Dam Improvement Project, according to a West Carrollton release.

Source: https://www.bizjournals.com/dayton/news/2023/03/15/west-carrollton-riverfront-development.html?utm_source=st&utm_medium=en&utm_campaign=ae&utm_content=DY&j=30846936&senddate=2023-03-15