Colonel Glenn Highway Corridor Enhancement ..

1. To which Review Panel are you submitting this project?
Economic Development
2. What is the title of this project?
Colonel Glenn Highway Corridor Enhancement ..
3. Please provide a short, non-technical description of the project, no more than 2-4 sentences.
The City of Fairborn and the City of Beavercreek in partnership with Wright State University desire to continue to implement a transportation and visual enhancement of the Colonel Glenn Highway corridor from Paramount Place to Mission Point. The project is intended to spur business development, increase student enrollment, calm traffic conditions and improve aesthetics. Enhancements include sidewalks, lighting, signage, landscaping, hardscaping and site furnishings.
Requester and Recipient
4. Name of organization making this request
City of Fairborn and City of Beavercreek
5. Address
44 W. Hebble Ave.
6. City
Fairborn
7. State
Ohio
8. Zip Code
45324
9. County
Greene
13. State
Alabama
15. County
Auglaize
16. Which category best describes the type of organization that is the recipient for project funding?
Government
Contact Information
17. Name
Pete Bales
18. Title
Interim City Manager
19. Organization
City of Fairborn
20. Address
44 W. Hebble Ave.
21. City
Fairborn
22. State
Ohio
23. Zip Code
45324
24. County
Greene
25. Phone
(937) 754-3155
26. Email
pete.bales@ci.fairborn.oh.us
27. Are there other individuals who should receive notices or information related to this project during the review process? If so, please provide name(s), title(s), and email(s). If not, leave blank.
David Hopkins, President of Wright State University, david.hopkins@wright.edu
Robert Sweeney, Executive VP for Planning at Wright State University,
robert.sweeney@wright.edu
Bob Hickey, Associate VP of Public Affairs for Wright State University, robert.hickey@wright.edu
Greg Scharer, Executive Director of Alumni Relations at Wright State University,
greg.scharer@wright.edu
Rob Anderson, Economic Development Director for the City of Fairborn,
rob.anderson@ci.fairborn.oh.us
Don O’Connor, City Engineer for the City of Fairborn, don.oconnor@ci.fairborn.oh.us
Jeff Moorman, City Engineer for the City of Beavercreek, moorman@beavercreekohio.gov
Nick Smith, Assistant City Engineer for the City of Beavercreek, smith@beavercreekohio.gov
Project Information
28. City
Fairborn and Beavercreek
29. County
Greene
30. Congressional district
Ohio 10th
Funding Request and Budget Information
31. What is the dollar amount of funding you are seeking in the next year?
$7,316,276.00
32. What is the total project cost?
$9,460,155.00
33. Please list sources, amounts, and status of other funds that this project has previously received or is likely to receive in the future.
Previously Committed
City of Fairborn $211,000 Phase II Construction Document Preparation
City of Fairborn $130,905 Roadway Design and Enhancement concept design
City of Fairborn $400,000 Ohio Public Works Commission Grant for construction
City of Fairborn $990,417 Colonel Glenn Highway Construction Improvements

Future Commitment
Regional Transit Authority $60,300 New Freedom Program sidewalk construction
City of Fairborn $15,075 City match of New Freedom Program for sidewalk
City of Beavercreek $336,182 Design cost associated with Beavercreek Phases
34. How will the requested funds be used? Please check the category that best fits the project. Then, if you have additional information to provide regarding the use of funds, please provide this information with your supporting documentation (see question #52). EX: if this is for construction, please provide information on the proposed building, its purpose, size and location. If this is for operations, please describe if the money will be used for salaries, rent, equipment, services, etc. The more detail provided, the better the committee can understand the value of your project. This is particularly important for projects seeking operations funding.
Construction or Capital
35. Do you have matching funds raised or committed?
yes
36. If yes, please provide additional information.
Matching funds have been committed in the form of City of Fairborn local funds for Phase II construction document preparation ($211.000) and a New Freedom Program Grant from the Greater Dayton RTA ($60,300) and the City of Fairborn’s match ($15,075) for the grant for shared use pathways. Beavercreek will commit all necessary design costs associated with the construction and right of way acquisition within the corporate limit ($336,182).
37. Do you have a budget with funding details for the project? If so, please send the budget as an attachment under question 52.
Yes
38. By what date will you be ready to spend the funds?
Immediately
39. Are there particular state or federal programs or private grants under which this project would qualify for funding? Please be as specific as possible.
Transportation Alternatives funding from the Federal Highway Administration managed by MVRPC and ODOT.
Congestion Mitigation and Air Quality funding from the Federal Highway Administration managed by MVRPC and ODOT.
Ohio Development Services Agency
ODOT Jobs and Commerce
Natural Resources and Parks and Recreation Facilities Funds (Funds 7031 and 7035)
Community Impact and Job Creation
40. What is the community issue or need that your project will address?
The University District located within the City of Fairborn and connected to the City of Beavercreek is a very important economic driver for the greater Dayton region. It has been widely recognized that those communities that connect education, commercialization, and R&D will be the most competitive in the future economy as professionals look to not only work at a place but also be part of a collaborative environment. We feel this corridor embodies each of those attributes and has the potential to lead regional economic development efforts in the future. This district entails over 800,000 square feet of office space that is directly related to or in support of Wright State University and Wright Patterson AFB. The fiscal health of both of those regional drivers is of the utmost importance to the region as a whole. Ultimately, this vital Col Glenn project represents a multi-year, multi-jurisdiction, state supported, private sector driven strategy to boost regional economic development.
41. What is the measurement that will be used to determine whether the project was a success?
While it may be difficult to measure the exact job creation ROI with this improvement due to the overall holistic district enhancement plan, we have already seen some early results of the initial roadway improvements. First, the health of WSU continues to improve. An example is the recent move of the WSU Foundation HQ from campus to a functional obsolescent building across Col Glenn. This move and building upgrade took a soon-to-be-blighted office building off the market and turned it into an asset. This also freed up space on campus for scholastic building upgrades. Second, the unfortunately high office vacancy rate in this corridor of 40% has already started to retract as private sector interest grows. Third, WSU continues to drive future redevelopment activity in this corridor and now plans to expand its educational offerings. This workforce growth is widely recognized as the key component to regional economic competitiveness.
42. If the project receives funding and is completed, how many DIRECT NEW jobs do you anticipate being CREATED within the next two years?
501-1,000
43. Please explain how you determined the job creation listed in question 42. One way to support estimated job numbers is to provide examples of similar projects that have created jobs. If you are aware of similar projects, please include details and explain how they relate to your project. This field is limited to 1,000 characters. If you need additional space, please include your information in an attachment, not to exceed 10 pages, which can be uploaded by clicking “yes” on question #52.
Should the office vacancy rate retract as expected from its current 30% rate to a more reasonable 15% rate the region could easily realize a 700-1000 job increase in the area. It is especially important to consider that this increase will most likely be directly tied to WSU and WPAFB thus making it extremely valuable.
44. If the project receives funding and is completed, how many DIRECT EXISTING jobs do you anticipate being RETAINED within the next two years?
More than 1,000
45. Please explain how you determined the job creation listed in question 44. One way to support estimated job numbers is to provide examples of similar projects that have created jobs. If you are aware of similar projects, please include details and explain how they relate to your project. This field is limited to 1,000 characters. If you need additional space, please include your information in an attachment, not to exceed 10 pages, which can be uploaded by clicking “yes” on question #52.
It is anticipated that if funded local property owners will continue to invest into their product thus making the corridor more competitive and retaining over 3000 jobs throughout the corridor. Should this project not receive funding it is likely that expansion efforts by WSU will stall and office vacancy rates and investments will decline further. Additionally, the office/hospitality product will continue to age without investment thus creating another long-term building stock issue that will be difficult to overcome.
46. Using your best guess, over the next 10 years, how many sustained, permanent jobs will the project create and retain if funded and completed? This may include “induced” or “spin-off” jobs.
More than 1,000
47. Please explain how you determined the job creation listed in question 46. One way to support estimated job numbers is to provide examples of similar projects that have created jobs. If you are aware of similar projects, please include details and explain how they relate to your project. This field is limited to 1,000 characters. If you need additional space, please include your information in an attachment, not to exceed 10 pages, which can be uploaded by clicking “yes” on question #52.
Again, this is an educated assumption based on vacancy rates and growth plans but we are anticipating approximately 1000 jobs to be created and another 3000 to be retained meaning they could be lost over time.
Community Impact and Job Creation Cont.
48. Using your best guess, of the jobs created over the next 10 years, what will the average salary be?
$75,001–$100,000
49. Please explain how you determined the salary amount listed in question 48. This field is limited to 1,000 characters. If you need additional space, please include your information in an attachment, not to exceed 10 pages, which can be uploaded by clicking “yes” on question #52.
This is based on a number of factors. Generally this corridor is home to some of the Dayton regions most valuable wage earners made up of defense contractors, engineers, financial professionals, and educators. These professions typically have significantly higher earning potential as compared to the region as a whole.
50. In which of the following counties do you estimate a substantial number of jobs will be created if the project is funded and completed?
  • Greene
51. Are you aware of any opposition to the project? If “yes,” please explain.
No
52. Do you have letters of endorsement or other supporting documents for the project? If “yes,” you may attach one PDF file that contains UP TO TEN PAGES of your supporting documents. This document will be posted online along with your completed questionnaire during the public review period. Please DO NOT exceed 10 pages and do not send separate attachments to the Dayton Development Coalition staff. Project sponsors who exceed 10 pages of supporting documents may be asked to re-submit their project.
Yes
Attach endorsement or other supporting documents for the project
Additional Information
Feel free to attach additional documents that relate to your project here.
Verify and Finalize your Submission
Confirmation
  • I have reviewed my submission and to the best of my knowledge all of the information entered accurately represent our organization and our project