Madison on First before photo

Construction Management Company Relocating to Downtown Dayton

July 8, 2020

DAYTON, OHIO – Brackett Builders Inc. (Brackett) announced today its plan to relocate its corporate headquarters from Troy, Ohio to downtown Dayton in Water Street District. The full service general contractor and construction management company will occupy 5,500 SF of office space at 424 E. First Street. The mixed-use building, called Madison on First, will also include 11,000 SF of retail/restaurant space and 3,900 SF of patio/plaza space. Madison on First will be prominently located within Water Street, adjacent to RiverScape MetroPark and the Day Air Ballpark, home of the Dayton Dragons.

“Over the past few years while working on construction projects in the area, we’ve really come to love downtown Dayton,” said Tom Hoying, president of Brackett Builders. “When we decided to expand our corporate office, we quickly determined that there was no better place than Water Street for our new headquarters.”

As part of the project, Brackett plans on restoring much of the original structure of the 120-year-old building which was formerly home to City Forge & Iron Works and once owned by Andrew Plocher. Construction will include soda and walnut blasting of the original brick and structural wood on the historic building to restore both to their previous conditions. In addition, installation of new windows and lighting will highlight the restored elements. M+A Architects, the architect on the project, is even working the existing mechanical gears into the office’s new floorplan.

Madison on First will be the newest in a long line of construction projects thus far for Brackett in the City of Dayton. In addition to this site, Brackett has led the construction of (in partnership with developers Crawford Hoying and Woodard Development) the recently opened Centerfield Flats, the historic renovation and restoration of Delco Lofts and the recently announced developments of AC Hotel and The Monument. Additional projects include the first new hotel built in downtown Dayton in decades, Fairfield Inn & Suites, Water Street Apartments and Flats, 312 Patterson Office Building and “The Delco” —the upcoming redevelopment of the 550,000 SF Mendelson Liquidation building.

In addition to work on these notable Water Street projects, Brackett previously built the 114-acre, 74,000 SF Aileron building and campus in the greater Dayton area, as well as multiple expansion projects at Carillon Historical Park.

“Brackett serves as the premier builder on all of our development projects, and we couldn’t be prouder that they’ll soon call Water Street District home,” said Brent Crawford, principal at Crawford Hoying, developer of Madison on First and Water Street District. “We hope to continue to see businesses relocating to this vibrant city.”

Construction is underway now on Madison and First, with an estimated spring 2021 completion for the office portion of the project. Additional tenants within the development will be announced shortly.

An exterior rendering of Madison on First is attached, courtesy of M+A Architects.

About Brackett Builders

Since 1983, Brackett Builders, Inc. (Brackett) has provided superior commercial, residential and renovation construction services in the fields of health care, recreation, hospitality, multi-family/mixed-use and office. With annual revenues in excess of $100 million, Brackett has built more than 6 million SF of commercial real estate. Brackett’s commitment to meeting the highest industry standards is reflected in each and every project. As a full-service Construction Manager, Brackett offers preconstruction services all the way through final product delivery. For additional information on Brackett, visit

About Water Street District

The once vacant riverfront of downtown Dayton, Ohio has been transformed into a vibrant and walkable mixed-use neighborhood—Water Street District. Strategically located adjacent to RiverScape Metropark and next to the Dragons Stadium, this project currently includes 60,000 SF of office, 20,000 SF of retail/restaurant space, 542 structured parking spaces and a 98-key Fairfield Inn & Suites, the first hotel developed in downtown Dayton in decades. In addition, the development offers 514 for rent residential units across our diverse mix of properties including Delco Lofts, Water Street Apartments and Centerfield Flats. For more information on the Water Street District, visit