Downtown Projects Receive Historic Tax Credits

Mike Colvin Fast Facts

Two projects based in downtown Dayton have been chosen to receive funds from the Ohio Historic Preservation Tax Credit Program. The Algonquin Hotel and United Brethren Publishing House projects are two of the 57 historic buildings statewide receiving funding. $3.8 million in tax credits have been awarded to the Algonquin Hotel project at 11 S. Ludlow St. Developers of the project say the vacant hotel will be renovated into a multi-use building with more than 100 residential housing units on the upper floors and entertainment and dining on the lower levels of the building. The United Brethren Publishing House at 40 S. Main St., also known as the Centre City Building, will receive $3.7 million in historic tax credits. The $90 million project planned for the building is expected to bring 200 residential units and more than 53,000 square feet of commercial space.

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