Miami Valley Hospital buys more land near Austin Landing

Miami Valley Hospital has purchased two parcels of Miami Twp. land totaling nearly 12 acres near Austin Landing and the Exchange at Spring Valley, local property records show.

741 Developers Ltd. sold nearly 11.7 acres of land off Miami Village Drive to Miami Valley Hospital, in a transaction recorded Friday, according to Montgomery County hospital records.

Near the Exchange at Spring Valley, Miami Village Drive runs from Ohio 741 roughly southeast to Austin Pike, east of the sprawling Austin Landing development.

Records gave the sale price as $885,000.

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Via a spokesman for Premier Health, Miami Valley Hospital’s parent company, the hospital released a statement saying, “We do not have plans in place at the present time for how we will develop this property.”

“We do not have plans in place at the present time for how we will develop this property.”

Premier Health has been in expansion mode lately, at least in some areas. Last December, Miami Valley bought 4.58 acres of land on Miamisburg-Springboro Road/Austin Boulevard, for $850,000. The company started building a $12 million emergency center near Austin Landing around that time.

The hospital has also been expanding Miami Valley Hospital South in Centerville.

The news outlet reported in March that the company is planning to build a $24 million, 60-bed rehabilitation hospital, with an Alabama-based health network, in early 2020 on the Miami Valley campus north of Apple Street.

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Also, as a co-investor with the University of Dayton (UD) in the former Montgomery County Fairgrounds, Premier and UD both said this week they they will search out funding sources for redevelopment of the 38-acre former fairgrounds.

At the same time, however, Premier is planning to close Good Samaritan Hospital, which it operates in northwest Dayton, and is working with other groups to attract a new user to the Philadelphia Drive site

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