DAYTON, Ohio (WDTN) – Downtown Dayton’s Water Street Project announced a new anchor tenant Thursday.
PNC Bank signed a commitment to occupy the two upper floors of the four story development at Patterson Boulevard and East Monument Avenue.
“Dayton is a growth market for PNC and we are moving our downtown headquarters to enable us to continue to serve clients in a premier office environment,” said David Melin, regional president for PNC Bank, Dayton. “We believe it is essential to keep PNC in our urban core, and the Water Street development is a reflection of our long-term commitment to the Miami Valley.”
Groundbreaking is expected for the new project within a month. Developers hope the new building is complete by the end of 2014.
The $33.5 million dollar project will also include available building front businesses, luxury rental apartments and a parking garage.