WCG to Develop New Entertainment District in Dayton
A local real estate investment firm hopes to develop a new entertainment district in the heart of downtown Dayton.Kettering-based Wenzler Capital Group LLC plans to create the Canal District from five buildings located at the intersection of East Third and Patterson Streets. The project will incorporate two existing businesses, White Lotus and the Barrel House, and will redevelop three vacant historic properties into mixed-use spaces potentially housing restaurant and bar tenants on the first floors and office tenants on upper floors. The project will be led by Wenzler Capital Group COO Eric Newman, and encompasses 47,000 square feet amongst the buildings. Leasing for the Canal District will be handled by Amber Wenzler and Tony Witt of Apex Commercial Group.
Below: Rendering Of What Office Space Could Look Like in 316 Turpin Lane
Amber Wenzler said the building at 401 E. Third St., which was formerly home to General Surplus and Miami- Jacobs Career College, will have two restaurant spaces on its first floor, with between 5,000 and 6,000 square feet on the second floor for possible event space or office usage. The building also features a 10,000- square-foot ground floor, which she said could potentially house a bar space.
The other two vacant buildings, located at 28 N. Patterson and 316 Turpin Lane, date back to the late 1800s, Mike Wenzler said. The "rm hopes to have one or two restaurant tenants on the first floors of the adjoining buildings, and potential office tenants on the upper floors would have access to a rooftop patio space.