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Dayton Daily News
Dayton Business

BY THOMAS GNAU
Tuesday, August 27, 2024
 
 

Welcome to another business newsletter, business-readers. Thanks again for being here.

Young professionals don’t want much, really: Work-life balance, a place to thrive and have fun and opportunities — all in a community where expenses won’t break the bank.

If you think about it, those are strengths anyone of any age should prize.

Forbes recently rolled out its “Best Places For Young Professionals To Live In The U.S. In 2024″ ranking. The Cincinnati metro area topped the list this year, believe it or not. And Dayton? Read on.

A place for young professionals to thrive: Right here in Dayton.

A large gathering of young professionals highlighted the 2015 UpDayton Summit at the Dayton Art Institute.  Creative minds from all over the Miami Valley exchanged and discussed ideas on how to improve the Dayton region.

Credit: Andrew Smith

A recent Forbes Advisor study placed the Dayton metro area high — fourth, just above Columbus — on a list for great places for young professionals to start their journeys.

What it means: The region was found to do well in four categories — employment and pay, housing affordability, cost of living and lifestyle.

Why it matters: “We’ve seen record job commitments from new and existing companies in the last three years. Dayton’s affordability, amenities, and job opportunities mean young professionals can build more than a meaningful career in the Dayton region. They can enjoy world-class recreation, arts, and restaurants, and root for the home team in a variety of sports,” said Julie Sullivan, an executive with the Dayton Development Coalition.

Recent Dayton investment is changing neighborhoods

Miami Valley Child Development Centers is constructing a roughly $11 million new facility at 401 Nassau Street, which is located in the Twin Towers neighborhood in East Dayton. CORNELIUS FROLIK / STAFF

What happened: Dayton has seen more than half a billion dollars in mostly private investment in the last year, either invested or in the works, city officials say.

The numbers: From Dayton City Manager Shelley Dickstein: More than $550 million in recent investment, including about $349 million in economic development and business expansions, roughly $201 million has been spent on new and improved housing, amenities and roads and infrastructure.

“That’s pretty impressive,” she said.

GEST carts hit downtown streets — and the streets don’t hit back

GEST Dayton, a new electric cart ride service, offered free rides in downtown Dayton during Art in the City on Saturday, Aug. 3, 2024. CORNELIUS FROLIK / STAFF

They’re cute, and they look like little bathtubs on four wheels. They’re GEST carts.

GEST carts are downtown Dayton’s newest transportation option, and for $5 you can catch a ride in the all-electric vehicles, which will travel around the core city three days a week and go as far as the University of Dayton campus.

Take it easy: “The GEST cart is green, easy, safe and again it’s another form of transportation,” said Kristina Scott, vice president of strategy for the Downtown Dayton Partnership.

We compared grocery prices at 5 Dayton-area stores: Here’s what we found

The Dorothy Lane Market in Springboro. MARSHALL GORBY\STAFF

We live in an era when, nationally, food costs have risen nearly 25% since March 2020.

But the minutiae matters. Reporter Lillian Ali went to five Dayton-area grocery stores to see how prices compared. She checked prices for several popular items, including bread, milk, produce, and dairy.

What she found: A lot of variation. Maybe a surprising amount. Read the story.

Warren County pro tennis site serves for year-round events

Andy Murray, coming off an Olympic Gold medal win in Rio, secured his 600th ATP World Tour level win by defeating Kevin Anderson 6-3, 6-2 to advance to the quarterfinals in the Western & Southern Open Thursday, Aug. 18 at the Linder Family Tennis Center in Mason. NICK GRAHAM/STAFF

Credit: Nick Graham

The people behind the Lindner Family Tennis Center in Mason have a vision, and that vision involves year-round events.

Volley: Next year’s tourney will run from Aug. 5-18. That’s five days longer than this year’s event, which drew a record 205,068 and is estimated to have had an economic impact of more than $70 million.

Ace: “The next piece is all about getting large enough and big enough to handle what we’ve become,” Tournament Director Bob Moran said. “We have to make sure they have enough places to practice. They need a bigger gym. They need a bigger dining facility.

Talk to me: Thank you as always for making this newsletter possible. You can reach me at tom.gnau@coxinc.com. If you’re on social media, so am I. I can be found on X (DMs are always on) and on Facebook here and here.

Quick hits

‘Perseverance results in success for our community’: Chamber CEO on what WPAFB means to Dayton.

Hey, that Cessna doesn’t have a pilot: Joby Aviation flies second autonomous test for the Air Force. (And, actually, it did have a “safety pilot.”)

First Black-owned comedy venue on Dayton’s West side to open: Jessica Graue with the details.

The Reds are painful to watch: Yet, also strangely familiar.

Fall-themed events are inevitable: Here’s one planned for Lebabon.

MORE BUSINESS NEWS
Marias Unique Foods has opened a second location at The Greene in Beavercreek after operating as a vendor at Daytons 2nd Street Market for nearly 12 years. Pictured is owner Michael Allen and his daughter, Alejandra Espinoza Allen. NATALIE JONES/STAFF
2nd Street Market vendor opens new spot at The Greene in Beavercreek
Maria’s Unique Foods has opened a second location at The Greene in Beavercreek after operating as a vendor at Dayton’s 2nd Street Market for nearly 12 years.
Marias Unique Foods has opened a second location at The Greene in Beavercreek after operating as a vendor at Daytons 2nd Street Market for nearly 12 years. NATALIE JONES/STAFF
PHOTOS: A look inside Maria’s at the Market in Beavercreek
Maria’s Unique Foods has opened a second location at The Greene in Beavercreek after operating as a vendor at Dayton’s 2nd Street Market for nearly 12 years. The new store, Maria’s at the Market, is located at 4420 Glengarry Drive — next to Pandora and across the street from Sephora.
In this 2020 photo, Treva Bashore, restoration program manager, 88th Air Base Wing Civil Engineer Center (left), Amir Mott, deputy director, 88th Civil Engineer Group (center), and Dan Casey, lead field operations engineer, discuss a monitoring well at the fire training area of Wright-Patterson Air Force Base. (U.S. Air Force photo by Ty Greenlees)
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The Laugh Zone House of Comedy located at 3493 W. Siebenthaler Ave. will hold its soft opening on Thursday, Aug. 29. CONTRIBUTED/JESSICA GRAUE
Black-owned comedy venue to open in Dayton
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Mercy Health Springfield's Dr. Austin Al-Kazaz, Vice President of Medical Affairs. Contributed
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Joby demonstrated autonomous airborne logistics operations during the Air Forces Agile Flag 24-3 exercise using a Cessna 208B Grand Caravan equipped with a suite of technologies developed by Xwings autonomy team, acquired by Joby in June of this year. Joby Aviation Photo
Joby Aviation flies autonomously for the Air Force in 2nd test
Joby flies a second autonomous flight for the Air Force
The Army HADES plane will provide higher speed, range, payload and endurance, the service said. (Photo courtesy Bombardier Defense)
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This is a rendering of facade improvements planned for Center Court and the Grandstand Court at the Lindner Family Tennis Center in Mason, home of the Cincinnati Open tennis tournament. The improvements are part of a $260 million renovation of the facility. CONTRIBUTED/CINCINNATI OPEN
$260M remake of Warren County pro tennis site aims for year-round events
Warren County's Cincinnati Open witnessed record year as tourism draw; plans to include golf facilities in finishing $260M renovation.
The fully renovated Super 8 Motel in Vandalia reopened this month under new management. CONTRIBUTED
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Previously troubled Super 8 Motel near I-75 in Vandalia reopened in August under new ownership
Miami Valley Child Development Centers is constructing a roughly $11 million new facility at 401 Nassau Street, which is located in the Twin Towers neighborhood in East Dayton. CORNELIUS FROLIK / STAFF
Dayton development: Half a billion in recent investment is changing neighborhoods
Dayton development: Half a billion in recent investment is changing neighborhoods
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