Regional developer buys land in Xenia, plans $2.5M in improvements to retail building
Regional developer buys land in Xenia, plans $2.5M in improvements to retail building
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Dillin LLC, based out of Springboro, has purchased a 2.33-acre parcel of land that includes a 35,000-square-foot retail building in the heart of Xenia, east of Dayton. This marks the first step forward in an effort to renew the 15.5-acre area at the cross streets of Main and King, famously known because it was destroyed by a tornado in the 1970s.
Dillin is planning $2.5 million in improvements to the building facade, tenant improvements, replacement of mechanical units and other necessary upgrades to the building and site. Sandusky-based Civista Bank financed the acquisition, as well as the planned improvements.
The project, which has been named The Market District, was rebranded to reflect the historic aspects of the site, pre-tornado. The area once boasted retail shops and historic homes with a street grid and a walkable feel right up to the Courthouse area.
The rebrand of the project was completed by local Ohio artist Joshua Janes from Keep Turning LLC. Janes is an internationally recognized illustrator and designer with more than 100 published illustrations and books and hundreds of notable branding designs.
https://www.bizjournals.com/cincinnati/news/2023/10/19/springboro-developer-dillin-buys-xenia-land.html
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