Dayton commissioners will decide Sept. 23 whether to fork over hundreds of thousands of dollars to help save a complex that has been a blessing and a curse to Dayton.
Despite a $700,000 repair proposal on the table, some wonder if it is too late for the Arcade complex at West Fourth Street between Main and Ludlow streets.
As Cornelius Frolik reports for MyDaytonDailyNews.com, the city would contribute $450K under a proposal for the Arcade.
The other $250,000 would be kicked in by an unnamed development team interested in transforming the eight-building complex into a mix of housing, commercial space with other possible uses.
The Arcade is far from Dayton’s only problem.
It is clear that if nothing is done, the once beloved facility will continue to rot.
Commissioners will decide if they should hire Miller-Valentine Commercial Construction to plug leaks in the Arcade’s roof, replace gutters, patch exterior holes and complete minor structural repairs.
A task force appointed by Dayton Mayor Nan Whaley estimated it would cost the city between $750,000 to $1.9 million over the next three to five years to preserve the building and avoid additional weather-related erosion.
Officials say already high restoration costs would be even higher if repairs are not made before winter.