The most complicated project in the city of Dayton’s history and a new project by one of downtown’s busiest developers have both won coveted state historic tax credits. The state of Ohio this morning announced that the Dayton Arcade has been awarded $2.75 million for a nearly $27.6 million rehab of the Third Street Arcade.

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 …

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 …

“We are going to have hundreds and hundreds and hundreds of students a year down at the Arcade,” Spina said. “Some of them are going to have ideas for businesses. Most of them are going to want to contribute to help other people and learn from others. And when you magnify that by the fact that this is going to …

Nike has the swoosh. Target has a bull’s-eye, and McDonald’s has the golden arches. And now, the anchor tenant of the Dayton Arcade has its own recognizable brand and logo. The Hub at the Dayton Arcade is the new brand for the joint venture between the University of Dayton and The Entrepreneurs Center. And there’s a good reason the logo …

The group redeveloping the Dayton Arcade has applied for $2.75 million in state historic tax incentives for a second phase of the project that seeks to create new housing, offices and a shared-use commercial kitchen. Like the first, $90 million phase of the project, the second phase requires historic tax incentives to make it economically feasible, said Dave Williams, Cross …

The Entrepreneurs Center is moving its co-working space from the “444” building in downtown’s Innovation District to the quickly developing Dayton Arcade. The co-working space is now at the Kuhn’s building, 15 W. Fourth St. The Entrepreneurs Center will follow to the Arcade as a whole in late 2020.

The Dayton Arcade is starting to look like its original 1904 self again after months of demolition work have stripped most of its commercial additions down to bare bones. Alterations dating back to the 1960s and 1980, which gave the arcade a retro-shopping center kind of feel, have been removed, including the escalator, elevator and storefronts.

Dayton’s free shuttle service launched less than six months ago, but already buses are packed at lunchtime and after work, and new riders are discovering the service almost every day. The Flyer shuttle’s ridership has far exceeded the expectations of the Greater Dayton RTA, which expects to spend about $1.1 million annually operating the service, with $300,000 coming from partners.

The Dayton architectural firm Moda4 Design may be best known locally for working on the downtown Arcade redevelopment. But Moda4’s principals say they are doing a lot more than that. Moda4 is beginning to pursue modular building methods, such as using storage containers and other innovative building materials to quickly expand, adapt and re-use older buildings.