Friday, June 13, 2014

Shop until you drop...

I read in the Dayton Daily News on Tuesday that the Dayton area has plans for another shopping complex. Apparently there's a proposal for 38 acres of the Montgomery County Fairgrounds to be redeveloped into a "Midtown District" composed of 60% residential-40% commercial similar to The Greene Town Center in Beavercreek. Is it just me or does it seem like Dayton is already saturated with shopping options? I remember when the Dayton Mall and Salem Mall were the two main choices if I was heading south. I usually stopped at the Piqua Mall and found everything I needed there.

Rike's once anchored the old Salem Mall that became a dead mall in the mid-late 90's

While the Dayton Mall has managed to survive, the old Salem Mall died about the same time as the cassette tape. Some of the other major shopping options in the Dayton area, in addition to the The Greene, include The Mall at Fairfield Commons and the 142-acre Austin Landing that's currently under development 15 minutes south of Dayton. Both The Green and Austin Landing seem to have a similar theme as the proposed Midtown District complex. All three seem to cater to a younger, hipper and wealthier crowd. The Green offers luxury living, valet service and trendy retail. Austin Landing advertises that Dayton's wealthiest zip codes surround it. And the developer of this newest project says it's intended to attract UD-graduates and young professionals ages 22-35.

If this Midtown District proposal is approved, and a lot has to happen, it will feature 600 residential units, at least one hotel, and create or retain 800 jobs. I work in the building products industry, so I'm all for new construction. I also would also be thrilled to see 800 decent-paying jobs available in this economy. I just wonder how much retail is too much and will we see another dead mall in the near future?

An artist rendering of the proposed Midtown District as seen in the Dayton Daily News

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