Downtown Projects to Receive Historic Tax Credits

Mike Colvin Fast Facts

Two projects in downtown Dayton will receive credits in the latest round of the Ohio Historic Tax Credit Awards. The Fidelity Medical Building at 211 S. Main St. will receive $4.9M in tax credit toward the $50.6M project. Mayfair Hospitality Group plans to turn the 11-story building into a mixed use building with more than 100 apartments on the upper floors and entertainment and retail on the ground level. The building has been vacant since 2009. Work is expected to begin in the summer of 2024 with an estimated completion date of May 2026.

The St. Paul Evangelical Lutheran Church & Parish Hall at 239 Wayne Avenue will also receive Historic Tax Credits. The former church was built in 1869 but has not been used for religious purposes since 2017. The Parish Hall was originally built in 1955. Weyland Ventures has announced a renovation to transform the church sanctuary and parish hall into entertainment and retail spaces, as well as add 23 hotel rooms. A new building would be added in the parking lot adjacent to the existing space to add a further 47 hotel rooms. The project will receive a $2M Historic Tax Credit toward the total cost of more than $22M. Weyland Ventures says work is expected to begin in August of this year with hopes of finishing the project by the end of 2025.

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