Dayton to get $50M in new hotel product, 250+ new rooms

mdunn Dayton Daily News

April 11, 2022 – Local tourism officials and some elected leaders believe downtown Dayton needs and can support more hotel space, and a couple of projects are underway that represent $50 million in new investment and will help determine if they are right. Cross Street Partners, the lead development partner on the Dayton Arcade project, also wants to convert a …

Arcade described as ‘most transformative project in America’

catapult Dayton Daily News

A national urban redevelopment expert has called the Dayton Arcade the “most transformative project in America” — but he also says the project shouldn’t have had such a hard time landing crucial financing. Bruce Katz, the director of the Nowak Metro Finance Lab at Drexel University in Philadelphia, says the ongoing redevelopment of the Dayton Arcade’s historic cluster of buildings …

Urban scholar: Dayton Arcade required ‘capital stack from hell’

catapult Dayton Daily News

A national scholar of urban redevelopment has called the Dayton Arcade the “most transformative project in America” — but he also says the project shouldn’t have had such a hard time landing crucial financing. Bruce Katz, the director of the Nowak Metro Finance Lab at Drexel University in Philadelphia and the co-author of the book The New Localism, says the …