PDAC: Submission #261 | Dayton Development Coalition

Submission information

Project Details

1. To which Review Panel are you submitting your project? Economic Development

2. Project title Miami Valley Research Park Infrastructure Improvements

3. Short description This project involves the installation of sanitary sewer and roadway improvements to the 53 acre parcel of land owned by the Miami Valley Research Foundation located north of Research Boulevard and west of I-675. This property is ideally situated for the recruitment of companies in the research and technology fields, but currently lacks the infrastructure needed for development.

Organization Details

4. Organization making the request City of Beavercreek

5-8. Address 1368 Research Park Drive
Beavercreek, Ohio. 45432

9. County Greene

10. Recipient organization Same

11-14. Address {Empty}

15. County {Empty}

16. Organization type Government

Organization Contact Details

17. Name Jeff Moorman

18. Title City Engineer

19. Organization City of Beavercreek

20. Telephone 9374275513

21. Email Moorman@beavercreekohio.gov

22-25. Address 1368 Research Park Drive
Beavercreek, Ohio. 45432

26. County Greene

27. Additional contacts Jeff McGrath, Planning Director, City of Beavercreek (937) 427-5512 McGrath@Beavercreekohio.gov

Location Details

28. City Beavercreek

29. County Greene

30. Congressional district Ohio 10th

Financial Details

31. Funding request 320000

32. Total Cost 400000

33. Other sources of funds The City of Beavercreek would commit $80,000 towards this project. All necessary right-of-way would be donated by the Miami Valley Research Foundation.

34. How the funds will be used Construction or Capital

35. Do you have matching funds raised or committed? If yes, explain in question #36. If no, skip to question #37. Yes

36. If yes, please provide additional information. (Or, budget document can be uploaded, see question 37) The City of Beavercreek would commit $80,000 towards this project. All necessary right-of-way would be donated by the Miami Valley Research Foundation.

37. Budget No

38. By what date will you be ready to spend the funds Within the next 6-12 months

39. Programs/grants for which this project would qualify Environmental Protection Agency sewer grant. Economic development grants.

Community Details

40. Community Need The mission of the Miami Valley Research Foundation centers around the recruitment of companies in the technology and research fields to our region. The efforts of the Foundation in recent years have been very successful with several large employers electing to locate to our region, and more specifically to land within the Research Park. In order to maintain this momentum it is necessary to extend infrastructure in order to make more Miami Valley Research Foundation land attractive for development. The proposed project would extend sanitary sewer and construct roadway improvements upon the Foundation property located north of Research Boulevard and west of I-675. These infrastructure improvements would make this 53 acre parcel shovel ready for development, and due to the size of the property, could support several significant projects.

41. Previous Funding: Has the requesting organization received Congressionally earmarked funding in the past? If so, please provide a brief project description, year funded, amount, and Congressional sponsor. The success of this project would be measured on the amount of the 53 acre tract is developed and the number of new high quality jobs that are created. The construction of this infrastructure will serve to remove a barrier to the development of this land and will encourage new investment.

42. Direct new jobs created 11-25

43. Existing jobs retained? None

44. Sustained permanent jobs? 101-250

45. Please explain how you determined the job creation listed in questions 42-44. In the short term, jobs will be created through the design and construction of these infrastructure improvements. In the long term, the potential for high paying job growth in the Research Park is believed to be huge. There are many acres of land available for development located in close proximity to existing high technology and research centers such as WPAFB, Wright State University, and the University of Dayton.

46. Using your best guess, of the jobs created over the next 10 years, what will the average salary be? $50,000-$75,000

47. Is your project a workforce development program? No

48. If yes, does your program center on one of the ten JobsOhio targeted industries? {Empty}

49. Counties in which jobs will be created Greene

Additional Details

50. Letters of endorsement, supporting materials, additional information. You can submit ONE PDF file that does not exceed 10 pages.

MVRF Project Attachment.pdf (153.59 KB)

51. Is there opposition to the project? No

52. Name of person filling out this form. {Empty}

53. Telephone number of person filling out this form. {Empty}

54. Email of person filling out this form. This is where notification will be sent that the form was received. Moorman@beavercreekohio.gov

55. Do you want your project to be considered as a Community Project in the fiscal year 2025 –2026 State Capital Budget Bill? {Empty}

56. If your project type is on the list of ineligible projects (see above), please offer an explanation why your project could be eligible. If your project is not on the list, answer the question by stating that your project is not on the list of ineligible projects. {Empty}

57. Has your organization received state capital budget funding in the past? If so, provide a brief project description, year funded, and amount. {Empty}

58. Does your project have a connection with, or provide some benefit to, a state agency that has bonding authority? Please check all that apply from the following list: {Empty}

{Empty}