September 8, 2022 –
The Hub Powered by PNC Bank at The Dayton Arcade is preparing to add 40-50 private offices. This will bring more workers into downtown Dayton.
A permit to complete the third floor of The Hub is under review. Dayton-based MODA4 Design is the architect firm on the $1.2M project.
“Right now, there are 130 companies operating out of The Hub, said Vince Lewis, associate vice president of entrepreneurial initiatives at University of Dayton and president of The Hub.
That number will increase to 170-180 once work is complete.
The completed project will also provide another classroom and event space that overlooks the rotunda in The Arcade. The classroom with tables will accommodate about 70 people or 100 people if tables are not used.
The Hub opened in March of last year with about 14-15 members from The Hub’s former space on Monument Avenue moving to The Arcade. There were 72 offices at that time.
“We thought we had ample private office inventory,” Lewis said.
It soon became evident there was a need for additional private office space, however, and a waiting list began to grow.
The majority of the newly added offices will be singles that are about 100 square feet, Lewis said.
Coworking space is also available at The Hub but hasn’t proven to be as popular. Classroom and event space at The Hub is in demand as well.
“This semester we have 32 classes with roughly 400 students,” Lewis said.
The largest seating capacity is about 60 people, and that’s after combining two spaces.
“That’s what drove the design and decision-making of the third floor,” Lewis said.
Work should take a few months once the permit is approved and is expected to be completed by the end of the year.
“We’ve had great support from city management to submit an earmark request for the funds, Lewis said. “We are grateful Congressman Mike Turner approved it.”
The Hub offers various workspace options ranging from a dedicated desk to private office space for multiple employees. Members have access to classrooms, conference rooms and more.
The Hub is a joint venture between University of Dayton and the Entrepreneurs’ Center that provides coordinated and centralized resources for area entrepreneurs, creators, students and teachers. The Hub was also a catalyst for the redevelopment of The Arcade.
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