Sunday, January 25, 2015

Local

Rising prices, not a rebounding economy, increases local sales tax receipts.

This is an incredible waste of money.
"Turning a brownfield site into a sparkling technology-focused business park hasn’t been easy, quick or even cheap. But city of Dayton officials say they’ve more than turned the corner on the $30 million Tech Town business park along the city’s Monument Avenue river corridor.
After more than a dozen years, the three-building development is filling up and branching out, with private companies putting their own money into relocating near the campus, which counts as its neighbors Fifth Third Field and the emerging Water Street commercial project.
Tech Town’s newest building, which took more than two years to find its first tenant, is now more than half occupied and emerging as a health care industry cluster, said Steve Nutt, senior vice president for CityWide Development Corp."
$30 million and twelve years, that's it? That's why no investor would voluntarily pay for that.

Police chase car into crash that injures two.

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