Apartments, golf simulators, boutique bowling alley can be directed to Dayton

The developers said the project was partly dependent on obtaining historic preservation tax credits from the state.

Demand for downtown housing continues to be very strong, but the urban core has also hosted a variety of experiential venues and businesses in recent years offering entertainment such as ax throwing, video games, private painting parties and live shows.

A company called HDAA LLC recently purchased the 12-story Dayton Grand Hotel property at the southwest corner of West Third and South Ludlow streets. The hotel has been closed since at least the end of 2016.

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The former Dayton Grand Hotel at 11 S. Ludlow St. in downtown. CORNELIUS FROLIK / STAFF

The former Dayton Grand Hotel at 11 S. Ludlow St. in downtown.  CORNELIUS FROLIK / STAFF
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The former Dayton Grand Hotel at 11 S. Ludlow St. in downtown. CORNELIUS FROLIK / STAFF

Outside asset management company HDAA and development company Revive Living Developments LLC each own a 50% stake in the new LLC, Revive partner Simon Burgess said.

The former hotel property was due to go up for auction next month, but the partners completed the purchase a few weeks ago and paid its overdue taxes.

The new owner shelled out $140,530 to pay taxes through the first half of 2021, and will owe $43,175 for the second half, according to the Montgomery County Treasurer’s Office.

The new property and development team plans to create new “upscale” housing at market prices, including a mix of bachelor, one- and two-bedroom units, Burgess said.

Units will have bright, modern finishes and stainless steel appliances, he said, and the building is also expected to have a swimming pool, business center and club.

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The former Dayton Grand Hotel at 11 S. Ludlow St. in downtown Dayton. CORNELIUS FROLIK / STAFF

The former Dayton Grand Hotel at 11 S. Ludlow St. in downtown Dayton.  CORNELIUS FROLIK / STAFF
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The former Dayton Grand Hotel at 11 S. Ludlow St. in downtown Dayton. CORNELIUS FROLIK / STAFF

The new owners also want to open a new entertainment center with amenities, drinks and restaurants called Roar, which is said to have a Roaring 20s-like style.

Roar would take up part of the ballroom and event space on the ground floor of the hotel and would include a duckpin bowling alley, a new steakhouse and several golf simulators which also have other games to play. player.

Roar in Winston-Salem has a bowling alley, JL Caspers Prohibition Steakhouse and a food hall that houses seven food concepts.

The Great Gatsby Golf Club at Roar offers golf simulators and games like football, homerun derby, quarterback challenge, zombie dodgeball, carnival games, hockey, lacrosse and basketball .

Roar would occupy approximately 12,000 square feet of space, while a new restaurant would occupy approximately 4,000 square feet.

In recent years, the downtown area has added new recreational and entertainment facilities.

Two Social, a bar that opened last year at 123 E. Third St. in the Fire Blocks District, offers ax throwing, retro video games and other entertainment.

Connect E-Sports opened at 212 Wayne Ave. in the Wheelhouse building in late 2020. Customers can play video games with friends, strangers, and online.

Picture Perfect Paint Parties moved into a space at 123 N. Ludlow St. in 2018, and the PNC Arts annex opened across the street at 10 N. Ludlow St. the same year.

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Picture Perfect Paint Parties on North Ludlow Street in downtown Dayton. CORNELIUS FROLIK / STAFF

Picture Perfect Paint Parties on North Ludlow Street in downtown Dayton.  CORNELIUS FROLIK / STAFF
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Picture Perfect Paint Parties on North Ludlow Street in downtown Dayton. CORNELIUS FROLIK / STAFF

The Levitt Pavilion Dayton, a free music venue, also celebrated its grand opening in 2018.

Developers of the Dayton Grand Hotel are seeking $5 million in state historic preservation tax credits, and Burgess says the project is unlikely to go ahead without reward.

If the project were to earn tax credits in the current funding round, construction could begin this fall and could last through the first quarter of 2024, Burgess said.

Two other Dayton projects also apply for state tax credits, which are very competitive.

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