The building, one of the first in the Miami Valley Research Park, was built in 1986 and has been vacant since 2018, officials said. The renovation work would help bring the building back up to Class A office space.
It was bought last year by Kettering Founders LLC, which is operated by Industrial Commercial Properties, a Cleveland-based business owns about 50 acres at the research park, officials have said
“The investment in this property will allow us to market the site to businesses and site selection consultants as a premier office location,” said Chris Semarjian, owner of Industrial Commercial Properties, said in the announcement. “We’re grateful for the support from Kettering, JobsOhio, the Dayton Development Coalition and their vision for the site.”