Fast Facts: Updates on Downtown Towers

Mike Colvin Fast Facts

  • The new CareSource building currently under construction will be named after the company’s CEO, who is set to retire this month. Pamela Morris Center, at the corner of First Street and Jefferson Street, will hold 800 employees when complete in the spring of 2019. Originally called Dayton Area Health Plan, CareSource today claims a workforce of 4,000 – 2,800 of which work at the heath care company’s headquarters in downtown Dayton. On behalf of the Downtown Dayton Partnership, we wish to extend our sincere thanks to Pam Morris for her commitment to downtown Dayton, and we hope she enjoys (a well-deserved) retirement!
  • There is a new owner of 130 W. Second St., where restaurant Table 33 takes up residency on the first floor. Brian Lash, former chairman and CEO of Texas-based Target Logistics Management LLC, purchased the property for $2.8 million and plans to renovate both the interior and exterior of the building. New features proposed include co-working spaces, a fitness center, banquet hall and additional meeting room spaces. To learn more about downtown commercial properties, visit the DDP website.
  • New York-based affordable housing real estate firm Related Companies announced it is acquiring 7,837 housing units from Apartment Investment and Management Co., including downtown’s Biltmore Towers at 210 N. Main St. In a statement, company representatives said the new ownership intends to maintain the affordable housing products in the portfolio. Biltmore Towers currently offers apartments for seniors on a fixed income. When it first opened in 1929, the Biltmore was a 500-room hotel.

 

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