MONTGOMERY COUNTY, Ohio (WDTN) – The current grounds for the Montgomery County Fair could soon become a thriving hotspot.
But those plans depend on developer Miller Valentine Group securing public and private funding for the estimated $18.5 million cost to purchase the fairgrounds property, and to acquire and develop a 70-acre parcel at the Northbrook Industrial Park in Brookville for the site’s current tenant, the Montgomery County Agricultural Society.
Eric Joo, Miller-Valentine Group (MVG) vice president says he’s not worried about securing the funds. In fact, $15 million of it has already been raised. Joo says MVG put up five million of that because that’s what the site is worth.
John Friedline, the Montgomery County Agriculture Society president says the move would mean a bigger and better site for the fair.
‘”We got 38-acres here right now that we occupy, out in Brookville we will have a tad bit over 70-acres,” said Friedline.
Joo, who is at the forefront of the Midtown District project says the change would be beneficial to downtown Dayton. It would transform the current 38-acre site into a mix of residential and commercial use.
“We would like to put in a grocery store, restaurants, shopping center, it would be everything besides industrial,” said Joo.
If the money isn’t raised in time, Friedline and Joo say the fair would stay a the current downtown Dayton location.
For the Midtown District project development plans, click here.