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Triumph of Flight Monument, Evolution of Flight Park, and Visitor & STEM Learning Center.
The Triumph of Flight will be a national monument to aviation standing 270 feet above the I70/I75 interchange. On top will rest a replica of the 1905 Wright Flyer III, the first practical airplane. At the base, the Evolution of Flight Park & the STEM Learning Center will tell the whole story of flight - its history, its technology, its future, and how it has and will continue to transform the world. The use of funds will be for payments on an option for the purchase of the required land.
$2,586,342 has been committed to the project in the form of design, engineering, and testing services rendered ($644,812); funds in escrow ($13,520) pledges of cash for funding construction ($542,300, including $250,000 from the State of Ohio); and pledges of land ($1,385,710).
We know of no other funding available for our purpose.
The benefit to this project will be threefold. First, it will become an attraction to tourists who will bring tourist dollars to Ohio and the Dayton area. After visitors are attracted to our site, we will direct them to other sites in the National Aviation Heritage Area (NAHA), such as the National Museum of the US Air Force; the National Park sites in Dayton, at Huffman Prairie, and at Carillon Park; and other sites, such as WACO Field in Troy. Second, our hope and expectation is that the monument will become the icon by which Dayton and Ohio will be identified in the future, an icon that will highlight our aviation heritage, our history of innovation, and our current leadership in aviation and aerospace technology. Finally, as the monument gains national recognition it will help to emphasize to aviation companies the benefit of doing business in the Dayton area and encourage them to join the already vibrant community of aviation/aerospace firms already here. Our economic impact analysis is attached.
We will measure our success first by the number of visitors we receive annually. We expect that count to range between 197,020 and 345,378 per the economic impact analysis attached. When that goal is met, we will measure success in our other mission by the number of visitors we successfully direct to other NAHA sites. We expect that to range between 7,777 and 13,122, annually. We hope to have one additional impact that we will not be able to measure. We want our site to be an inspiration for young people to consider a career in aviation and to pursue the STEM education necessary to do so.
Estimated visitor levels were from a benchmarking study of similar sites. Spending by these visitors and direct, indirect, and induced jobs resulting from this spending was calculated from Tourism Economics survey of Ohio Tourism in 2018.
The Triumph of Flight received an authorization of $250,000 in the FY 2017-2018 Ohio Capital Improvement Budget. That authorization was re-appropriated in the FY 2019-2020 Capital Improvement Budget.