Dayton may sell 32 acres near airport for commercial development

A bulldozer sits on a site south of Proctor & Gamble facility in Union. CORNELIUS FROLIK / STAFF
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A bulldozer sits on a site south of Proctor & Gamble facility in Union. CORNELIUS FROLIK / STAFF

The city of Dayton is considering selling 32 acres of airport land it owns in Union in support of future commercial development.

A company called Stream’s Edge Properties LLC is the potential buyer, and it has connections with Dayton Freight Lines Inc.

The 40-year-old freight company headquartered at 6450 Poe Ave. has more than 5,000 employees and nearly 4,300 trailers.

The company describes itself as a “less than truckload” regional carrier that serves the Midwest.

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Dayton Freight headquarters. Staff photo by Cornelius Frolik

Dayton Freight headquarters. Staff photo by Cornelius Frolik
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Dayton Freight headquarters. Staff photo by Cornelius Frolik

The city is considering selling the land for $41,000 per acre, or more than $1.3 million, according to a proposed real estate contract.

The property is located along the north side of the 3000 block of Old Springfield Road, west of Peters Pike. The land is northwest of the Dayton International Airport.

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Dayton is considering selling 32 acres of airport land in Union to a company that plans future commercial development. CORNELIUS FROLIK / STAFF

Dayton is considering selling 32 acres of airport land in Union to a company that plans future commercial development. CORNELIUS FROLIK / STAFF
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Dayton is considering selling 32 acres of airport land in Union to a company that plans future commercial development. CORNELIUS FROLIK / STAFF

Anthony Rocco is listed as the vice president of Stream’s Edge Properties. Rocco is the chief operating officer at Dayton Freight Lines Inc. Neither Rocco nor representatives from Dayton Freight responded immediately to requests for comment.

The land belongs to the Dayton International Airport, which the city owns.

The Federal Aviation Administration is reviewing the city’s request to release the property from federal grant assurances and expects a decision within weeks, according to a memo from Dayton Aviation Director Gil Turner to the city manager.

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