Morning Briefing: Monday, September 15, 2025

Three things you should know today:

🧑‍🎓 Nonprofit finances: Private educational institutions saw particularly large differences between revenue declines and compensation increases in a Dayton Daily News investigation of nonprofit leader compensation.

💵 Tracking money: A local state rep is sponsoring legislation to track how every public dollar in Ohio is raised and spent.

🏆 Community Gem: Jenny McCarty, executive director of The Common Good of Preble County, works tirelessly to serve the community.

Today, we also take an in-depth look at recent development and business news from around the region.

If you have thoughts or feedback on this newsletter or other news tips, please let me know at Greg.Lynch@coxinc.com.

Want to read the digital version of the newspaper? Click here for our daily ePaper.

The newsletter should take about 2 minutes, 24 seconds to read.

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Business development expanding throughout the region

• Office park development: A Beavercreek developer is moving forward with plans for a $250 million office park, gaining new construction access to Wright-Patterson Air Force Base’s Area B.

• Downtown Xenia redevelopment: Air Force veteran Ross McNutt has purchased the long-abandoned Eavey Exchange Building with plans to transform it into a $3.7 million mixed-use entrepreneurial center.

• Trailer dealership expansion: Cincinnati-based Interstate Utility Trailer plans to relocate to Franklin with a new 53,200-square-foot facility off I-75 to grow its retail, rental, and repair operations.

• Defense contract: Beavercreek-based Illumination Works LLC secured a U.S. Air Force contract worth up to $97 million to support digital transformation and industrial modernization efforts.

L-H Battery: LG Energy Solution, part of a joint venture with Honda on an Ohio EV battery plant about an hour from Dayton, said work is nearing completion on the Fayette County plant.

Brown Street project: Cincinnati-based SPS Partners has purchased property on Brown Street near the University of Dayton, aiming to revitalize the retail corridor with new a ground-up development project.

• Startup spotlight at TechCrunch: Dayton-based real estate tech company Unlisted has been selected for TechCrunch Disrupt 2025’s Startup Battlefield 200, a prestigious showcase for promising early-stage startups.

• New restaurant opening: Currito, a fast-casual eatery known for globally inspired bowls and wraps, is set to open its first Dayton-region location by year’s end in the former FUSIAN space in Washington Twp. Currito is planning to build out three Dayton-area units over the next three years.

• New assisted living facility: Construction has begun on Gigi’s Place, a residential assisted living center offering an alternative to traditional senior care in Montgomery County.

• New car wash: The former Ron’s Car Care site in Miamisburg was demolished to make way for a Flying Ace Express Car Wash that will feature “an automated wash tunnel, capable of queuing up to 48 vehicles, along with 16 vacuum station parking spots.”

• Bookstore relocation: The Cozy Book Nook is moving from Moraine to downtown Dayton after outgrowing its 600-square-foot space, aiming to better accommodate its growing inventory of indie and used books.