Downtown Building Receives Millions of Dollars in State Tax Credits

Mike Colvin Fast Facts

Big changes may be on the way for the Centre City building thanks to newly secured tax credits. The United Bretheren Building, also known as Centre City, has been vacant since 2012, but recently received $5 million in tax credits. A $74.3 million redevelopment project has been proposed to turn the building into a mixed-use facility with 200 housing units and more than 53,000 square feet of commercial space. The most recent rehabilitation project would be taken on by the building’s current owner, 40 S. Main Dayton LLC, and The Model Group, which helped with the massive Dayton Arcade redevelopment project. A recent statement from the group reads “The Model Group believes it is critical to the overall success of Dayton’s urban core to capitalize on the momentum created thus far by returning the Centre City building to productive use and its best potential.” Current plans for the project estimate construction would begin this fall and continue through June of 2024.

< Previous PostBack to News & ProgressNext Post >

Share this Post