The city has outlined investment estimates topping $50 million, one of the two state requirements Centerville is using to gain the district’s designation, Development Director Michael Norton-Smith has said.
Ohio also requires the municipality where the district would be located to have a population of at least 20,000, a threshold Centerville meets by at least 3,000, according to U.S. Census data.
The city’s list of $50.47 million in investments includes public and private work. It ranges from $600,000 spent to repave part of Franklin Street to $5.8 million Vectren/CenterPoint Energy has done on system improvements in the city since 2015, records show.
The investment amount “is a fairly conservative estimate” that “does not capture potential investment throughout the” area, city Communications Director Kate Bostdorff said.
That includes the recent announcement by Salar Restaurant and Lounge to expand from Dayton’s Oregon District and open a restaurant in Centerville, she added.
The proposed entertainment district “would mirror the existing 113-acre Architectural Preservation District” and its approval would provide access to 15 new liquor permits, Centerville records show.
Currently, the city has fewer than five in that area, Norton-Smith has said.
The application calls for the entertainment area to span about six blocks on Ohio 48, or Main Street, and about five blocks on Franklin Street, records show.
The designation would aid city business development strategies that call for “higher end bar with music, brewpub … (and) unique restaurants,” the application states.
The following is the estimated investment Centerville has calculated as part of an application for an entertainment district.
•Past infrastructure $16.4M
•Uptown public work $11.466M
•Uptown private work $22.612M
Source: City of Centerville.