Larry Dillin said in the release, “Randy and I mutually respect each other’s real estate accomplishments. It’s an honor to be charged with fulfilling his Austin Landing vision. To that end, VisCap will focus upon managing and completing the north side of Austin Boulevard and implementing a complementary plan for the south side. Having worked closely with the owners and the RG and the RG Properties development team during the last year, I anticipate a seamless transition for all involved.”
Dillin said in a phone interview with this news outlet Thursday that his company will shepherd development planned for 2016, including a new cinema complex, and begin “filling in the last puzzle pieces” with buildings and tenants in the partially completed 167-acre project.
The $14 million cinema complex project will include a 12-screen theater attached to two full-service restaurants and a 108-room extended stay hotel.
With Austin Landing’s retail, office and residential components in place or coming soon, “We now have a living, breathing community with a 24/7 atmosphere,” Dillin said. “We will make certain that our management program understands that and supports it for tenants and guests.”
Dillin lives in Austin, Texas, but has had an apartment in the Dayton area since September 2014. He said he will be looking for more permanent housing in the Dayton area and anticipates spending the majority of his time here.
Dillin filed for Chapter 7 personal bankruptcy protection in Austin in early 2014, and Dillin told The (Toledo) Blade the filing was connected with a loan for a new building in the Perrysburg complex that he developed. That bankruptcy case was closed and discharged in October 2014, and will have no impact on the operations of VisCap Development or his work at Austin Landing, Dillin said Thursday.
Miami Twp. Administrator Greg Rogers said Thursday that township officials “are looking forward to working with Mr. Dillin and his group to help ensure the success of Austin Landing.”
While most consider Austin Landing the existing retail-and-office development on the north side of Austin Boulevard, the development is poised to expand south of the road onto about 60 acres land in Springboro.
• Staff writer Lawrence Budd contributed to this report.