Crawford Hoying Purchases Downtown Dayton’s Mendelson Building
October 3, 2019
DAYTON, OHIO – Crawford Hoying announced today their purchase of the expansive Mendelson building located at 340 East First Street in downtown Dayton, Ohio. Previously home to Mendelsons Liquidation Outlet, the more than 550,000 square foot, eight-story building will be the newest addition to the Water Street District.
“Crawford Hoying purchased this site as part of our ongoing investment in the revitalization of the downtown Dayton area,” said Brent Crawford, principal at Crawford Hoying. “We’re eager to further add vibrancy to the city in developing this project.”
The sale also includes the Mendelson warehouse and lot located at 418 East First Street. Many options for development of the sites are being considered and uses will be announced as development progresses.
“I’m excited to continue the partnership with Crawford Hoying and the City of Dayton,” said Sandy Mendelson, prior owner of the landmark site. “Since the beginning, everything that Crawford Hoying has been a part of has positively contributed to the Dayton community. I can’t wait to see what’s in store for the Mendelson building.”
About Water Street District
Crawford Hoying and Woodard Development has proudly partnered with downtown Dayton, Ohio to transform the vacant riverfront into a vibrant and walkable mixed-use neighborhood—Water Street District. Strategically located adjacent to RiverScape Metropark and next to Fifth Third Field, this project currently includes 40,000 SF of office, 30,000 SF of retail/restaurant space, 540 structured parking spaces and a 98-key Fairfield Inn & Suites, the first hotel developed in downtown Dayton in decades. In addition, the development offers 680 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 www.livewaterstreetdistrict.com.
About Crawford Hoying
Crawford Hoying is a full-service real estate development company, based in Dublin, Ohio. Concentrating in all aspects of acquisition, design, development, construction, management, as well as commercial and residential brokerage. In the past five years alone, they have developed more than $1 billion of mixed-use, multifamily, office and retail properties. Crawford Hoying creates a sense of Place; focused on consumer needs from a commerce, culture and community perspective. Bridge Park, www.bridge-park.com, and Water Street District, www.livewaterstreet.com, are examples of Crawford Hoying’s transformational development capabilities. To learn more about Crawford Hoying, visit www.crawfordhoying.com.