DaytonDailyNews.com

DAYTON — NCR Corp., long a pillar in Dayton's business community, is making an impact on the region's long-term commercial development by selling off key pieces of real estate from its portfolio, including a prime 49-acre parcel sold last year to the University of Dayton.

The university has hired a planning firm expected to return recommendations by next spring that could guide years of construction of academic and commercial buildings on the high-profile property on the southern edge of Dayton. The location may also include a park area with trees and walking paths. From 2002 to this year, NCR also has sold side-by-side tracts in Miami Twp.; two Oakwood parcels where the new owners are planning commercial and residential development and a Dayton site near NCR's headquarters that will become the new home of the Dayton Daily News next year. It will mean new jobs and more tax revenues for Dayton and Oakwood, said Bruce Langos, NCR's senior vice president of operations who supervised the sales.

"They took property that was really being under-utilized and they breathed some life into it," said Todd Duplain, director of development for Synergy Building Systems, a commercial developer based in Beavercreek.

NCR no longer needed these properties and wanted to consolidate more of its employees in its headquarters, Langos said.

NCR is committed to keeping its headquarters in Dayton for the long term, Bill Nuti, its president and chief executive officer, has said. The local land sales represent only about 1 percent of the worldwide transactions in which the company has cut costs by selling buildings and land, sub-letting property to tenants, or getting out of leases in cities from Tokyo to London during the past five years, Langos said.