GE opened its $53 million, 138,000-square-foot Episcenter, the headquarters of GE Aviation’s electrical power business on River Park Drive across from the Marriott in 2013. The building was specifically built for designing and testing power generators, distribution boxes, power converters and energy management systems that create and move electrical power around an airplane.
The University of Dayton, in partnership with Concord Hospitality, purchased the Dayton Marriott in 2014. UD and Concord Hospitality jointly own the property, which was purchased for $18.5 million, according to a release. It remains a full-service Marriott hotel.
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Emerson Climate Technologies opened its $35 million Helix Innovation Center on UD’s campus on West Stewart Street across from the Fairgrounds in 2016. Inside the Helix, are life-size models of a two-story home, a 2,500-square-foot grocery store and a 1,500-square-foot working restaurant kitchen and technologies allowing researchers to simulate conditions on a summer’s day in Florida — or a winter’s day in North Dakota.
In 2017, The University of Dayton and Premier Health finalized the purchase of the 38-acre Montgomery County Fairgrounds site after years of speculation about the future of the site that was opened in 1852. UD also purchase the land under University Place apartments and retail space along Brown Street in 2017.
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Plans were released in 2018 showing anticipated layout and design of housing, retail and urban agriculture for the Fairgrounds site. Another press release in June clarified that it could take 15 to 20 years for the property to be completely redeveloped, according to the university and Premier.
Just this week the UD added two additional commercial buildings on Brown Street to its portfolio. 1916 Brown St. and another at 1922-1924 Brown St., according to Montgomery County property records.