Miller-Valentine Group Associates in Cincinnati held their annual food drive to benefit the Mason Food Pantry. In addition to pantry items, a cash donation of $240.00 was contributed to the organization. We proudly support local and national organizations that provide much-needed services throughout the community. The Food Drive was organized by our Helping Hands Committee, which provides opportunities for Miller-Valentine Associates to actively engage in community service.
Below is a brief summary of the leading commercial real estate news articles for the Cincinnati region from July 6 – July 14, 2017. Sign up here to have these informative summaries sent directly to your inbox on a biweekly basis. July 6, 2017 Fast growing company outgrows office Divisions Maintenance Group, a facilities maintenance services provider, has leased 7,600 square feet of office space at Newport on the Levee, in addition to its current 19,000 square feet at One Riverfront Place to accommodate its growing number of employees. It was important to the CEO to be in a location where employees can live, work, and find entertainment without having to drive. The company recently hit the 200-employee mark, with 140 based in Cincinnati and the others spread across 40 district offices. July 10, 2017 New mixed-use development near Findlay Market The Film Center project at 1632 Central Parkway, at a cost of $9.4 million, features 44 luxury apartments, rooftop deck and about 10,000 square feet of street-level commercial space, including an outdoor patio fronting Elder Street. This former warehouse is a true industrial-to-residential conversion, turning the building to studio, one- and two-bedroom apartments with ceilings as high as 15 (more)
Miller-Valentine Group and Coldwell Banker Commercial Atlantic have teamed up to develop a new climate controlled self-storage facility conveniently located in North Charleston, South Carolina at the intersection of North Rhett Ave and Sumner Ave. The three-story 90,000 SF building features units that range in size from 5’x5’ to 10’x30’, commercial-grade climate control systems, and state-of-the-art security systems. “This project provides new secure high-quality climate-controlled self-storage that local residents and businesses need in North Charleston”, said Steve Koewler, President of Miller-Valentine Group. Construction recently commenced and the property will be open to the public in late summer of 2018. Extra Space Storage will oversee lease-up and property management. For more information call Steve Koewler at Miller-Valentine Group 843.766.3800.
Miller-Valentine Group is proud to announce that Reserve at Quebec, their newest affordable apartment community, will open its doors very soon. Reserve at Quebec located at 6655 Calgary Lane, will be welcoming residents in late September 2017. This beautiful, brand new community of one, two and three bedroom apartment homes will serve families who desire high-quality, affordable rental housing. In this pet friendly community, future residents will enjoy spacious floor plans with amenities you would expect to find in an upscale home, at an affordable price: a fully-equipped gourmet kitchen with brand new energy-efficient appliances, exceptional closet space, central air conditioning, and a laundry room which includes full-size washer/dryer connections and extra storage. Reserve at Quebec will also feature a community clubhouse that boasts a business center, media room, and fitness center; as well as outdoor amenities including a swimming pool, picnic area and dog park where residents can enjoy the companionship of friends and family. The professional onsite management and maintenance staff provide residents with superior service, allowing them to live comfortably. Reserve at Quebec is located near a variety of restaurants, shopping, and entertainment, including a movie theater! The community is also part of the Lake Worth Independent (more)
Miller-Valentine Group Associates from the Dayton office held their annual food drive to benefit The Foodbank of Dayton. Donations included 195 pounds of food as well as cash contributions totaling $140.00. We proudly support local and national organizations that provide much-needed services throughout the community. The Food Drive was organized by our Helping Hands Committee, which provides opportunities for Miller-Valentine Associates to actively engage in community service.
Below is a brief summary of the leading commercial real estate news articles for the Dayton region from June 28 – July 7, 2017. Sign up here to have these informative summaries sent directly to your inbox on a biweekly basis. June 28, 2017 Dayton Arcade lands $5M in tax credits Dayton Arcade was awarded $5 million in historic preservation tax credits adding to the more than $50 million in funding that Miller-Valentine and Cross Street Partners has assembled for this project’s estimated cost of $72 million. This funding helps support the 418,000-square foot complex’s renovation of the Arcade’s main rotunda, the commercial building, and the Lindsey building, key parts of a mixed-use project to include housing, event, commercial and office space. The development team is ready to forge ahead with its vision for this mixed-use space hoping to see some of the work completed as soon as December 2018. June 29, 2017 $5.5M in historic tax credits for Troy and Dayton projects Two historical rehabilitation projects were approved for state tax credits Wednesday along with the Dayton Arcade, which received 5 million. St. Anne’s project, a $424,272 renovation of the vacant building at 1500 E. Fifth Street was awarded (more)
Considering a new location for your industrial space? There are many things to consider before making a decision that will have a major impact on your business, your customers, and your bottom line. Below are five of the most important considerations to take into account when relocating your industrial space. 1. TIMING & PLANNING Allow yourself enough time to negotiate before your current lease expires. Depending on the size of your facility, we recommend that you start the process 18 months to 1 year prior to the end of your lease or your expected move-in date. Once you have identified a new facility it will take a minimum of 6 months to negotiate and relocate. Before starting the site selection process review your corporate strategic plan and vision. Sometimes companies lose sight of their strategic plan during the site selection process. They get diverted by enticing incentives, quality of life considerations, or some other element. While these factors are important, they are secondary. Remember, no matter how attractive they may seem, they will not turn a weak site into a suitable site. Companies should be asking themselves the following questions: Where does your leadership team see the company in the next 5 to 10 years? Do you (more)
Miller-Valentine Group is proud to announce that Burkett Place, their newest affordable apartment community, will open its doors very soon. Burkett Place, located at 200 Burkett Lane, will be welcoming residents in August 2017. This beautiful, brand new community of two and three bedroom apartment homes will serve families who desire high-quality, affordable rental housing. In this pet friendly community, future residents will enjoy spacious floor plans with amenities you would expect to find in an upscale home, at an affordable price: a fully-equipped gourmet kitchen with brand new energy-efficient appliances, exceptional closet space, central air conditioning, and a laundry room which includes full-size washer/dryer connections and plenty of extra storage. Burkett Place will also feature a community clubhouse that boasts a media room and clothes care center; as well as outdoor amenities including a playground where residents can enjoy the companionship of friends and family. The professional onsite management and maintenance staff provide residents with superior service, allowing them to live comfortably. Brian McGeady, Partner & President of Miller-Valentine Affordable Housing Development, says “Miller-Valentine Group is excited to open our first community in Washington County. We look forward to having a long-term positive impact on the City, and all (more)
The Ohio Development Services Agency has awarded $5 million in historic preservation tax credits for the revitalization of the Dayton Arcade, further closing the gap in raising the necessary funds needed to transform this historic landmark into a vibrant retail and urban living center. According to Dave Williams, vice president of urban development, “We have about three or four sources of funding to pursue before we can make this happen, but this is two steps forward for us.” Many local names, including University of Dayton, Boston Stoker, and Warped Wing have expressed an interest in this historic location. Read more as reported by Tristan Navera, Senior Reporter, Dayton Business Journal Two steps forward What’s next for the Dayton Arcade plan? For more information about Miller-Valentine Group and Cross Street Partners vision for this historic project, click here.
Congratulations to London Computer Systems (LCS) who moved into their new 78,000 SF world headquarters one year ago! Does their new space attract the caliber of employees they need? Are their Associates happy with their new environment? The answer is a resounding “yes”. How did they do it? The design and construction team had to do their homework. For most companies, including LCS, workforce demographics are changing. As baby boomers retire, the workforce is increasingly dominated by Millennials. In fact, more than one-third of workers in the U.S. are between the ages of 19 to 35, already surpassing the number of Gen-X workers. How do you keep these notoriously choosy millennial workers happy? Part of the answer boils down to the workspace itself. You don’t have to look far to see what attracts kudos in work environments. Tech companies like Google, Dropbox, and Facebook have made a name for their hip, fun workspaces, designed specifically to appeal to millennials. While not every company needs—or even wants—to install tube slides for fun-loving employees, your facility is a reflection of your business, with the power to engage customers and inspire current and future employees. What Do Prospective and Current Employees Want? As (more)
Miller-Valentine Group held their 2nd annual Stair Climb Challenge last week, with five Associates participating in a spirited race up ten flights of stairs! Andy McHugh, Assistant Project Manager, has been named Miller-Valentine’s 2017 Stair Climb Master, completing the challenge in 37.18 seconds… that’s less than four seconds a flight! Andy was joined by Nolan Schacherer, Rich Rouse, Bob Patterson and Jeff Sebor, who all came within 8 seconds of Andy’s time. Everyone joined in the fun by cheering on the contestants and donating funds in the runner’s name to benefit the Jim Walsh Angel Fund, set up to assist Miller-Valentine Associates in need. Lunch was served along with a challenge for additional Associates to join in the fun of the 2018 Stair Climb Challenge, scheduled for the first day of Summer next year. Congratulations Andy!
Miller-Valentine Group is excited to offer a look into The Lofts at Roberts, a newly renovated apartment community built exclusively for adults 55 and over. The open house will be held on Saturday, June 24, 2017, from 10:00 am – 1:00 pm at The Lofts at Roberts located at 420 South High Street, Muncie, Indiana 47305. Guests will have the opportunity to tour the former Roberts Hotel, which was recently transformed into 83 one and two bedroom apartment homes designed to serve adults 55 and over, who desire high-quality affordable rental housing. This pet-friendly community features amenities you would expect to find in a luxury community at affordable rental rates: spacious floor plans; walk-in closets; a gourmet kitchen with energy-efficient design and appliances, as well as an island with a breakfast bar; oversized bathrooms; central air conditioning; and convenient elevator access. The Lofts at Roberts offers several other amenities which separate them from their local competition; a grand multipurpose room with kitchen and dining area for entertainment functions and events; a fitness center, allowing residents to maintain an active lifestyle; as well as a media room, and business center. Topping it all off, the professional on-site management and maintenance staff (more)
Below is a brief summary of the leading commercial real estate news articles for the Cincinnati region from June 2 – June 13, 2017. Sign up here to have these informative summaries sent directly to your inbox on a biweekly basis. June 13, 2017 From piano factory to urban lofts The redevelopment of the Grand Baldwin building along Interstate 71 in Walnut Hills into 190 loft-style apartments is nearly complete after three years. The building at 655 Eden Park Drive was originally built in the 1920’s and has been home to the Baldwin Co., redeveloped into office space in the late 80s, and now will be residential. One and two bedroom apartments will range in price from $1,199 to $2,999. June 12, 2017 Winton Woods City School District to build new schools Winton Woods is planning to build two new schools that will accommodate a combined 3,500 students. The pre-kindergarten through sixth grade 205,000-square-foot building will be constructed for an estimated $43 million on the existing middle school 34-acre site located at 147 Farragut Road. The 7th through 12th grade facility will be built on the existing Winton Woods High School 35-acre site, located at 1231 W. Kemper Road, with (more)
Michael Dalton has been an Associate of Miller-Valentine Group since 2005. Initially hired as a District Manager, Michael now serves as the Director of Operations for our military housing neighborhood – the Properties at Wright Field. As Director of Operations, Michael is responsible for all aspects of the operating business, including acting as the point of contact between the corporate office and government agencies that engage with Wright Patterson AFB. Some of the duties include preparing and executing the annual budget, ensuring all reports for both internal and external customers are prepared and detailed, leading a team of 34 co-workers, providing a vision for future challenges, and ensuring the team preserves the assets of Miller-Valentine Group. Responsibilities for the team include executing 15,000 work orders yearly, overseeing 600 move ins, providing numerous leasing tours, processing monthly rent payments, completing over 300 reports, conducting hundreds of inspections, and making thousands of decisions that pull you in multiple directions. Michael has shared some insights regarding his career – not only with Miller-Valentine Group but also on his 22 years with the United States Air Force. Q&A with Michael Dalton – 12 Year Associate with Miller-Valentine Group How did your career with the (more)
Planning an office move? There are many things to consider before making a decision that will have a major impact on your business, your customers, and your bottom line. Below are five of the most important considerations to take into account when relocating your office: TIMING The amount of time it will take to find and move to a new office location is proportional to the amount of space and amenities that you need. The key is to allow yourself enough time to negotiate and move before your current lease expires. In general, tenants looking for less than 10,000 square feet of space in the Dayton region should begin their search 7 to 9 months ahead of time. If over 10,000 square feet of space is required businesses should begin their search anywhere from 9 to 18 months before their current lease expires. SQUARE FOOTAGE Will the space that works for you now work for you in the future, or do you anticipate growth? Future employees should be factored into the equation. A good rule of thumb is to allow approximately 200 rentable square feet per person, which is about the size of a 14’ x 14’ room. While this (more)
Below is a brief summary of the leading commercial real estate news articles for the Dayton region from May 31 – June 8, 2017. Sign up here to have these informative summaries sent directly to your inbox on a biweekly basis. June 8, 2017 Huber Heights looking for developers for 80 acres City council will hear a first reading on an ordinance to issue a request for proposals on the 80-acre parcel of undeveloped land west of Ohio SR 202 and the NorthPark Center. The parcel has 10 acres of improved land with frontage on I-70 as well as 70 acres with wooded areas and a small lake. The city acquired the property in 2015 for a total of about $12,500 in legal costs hoping to encourage a mixed-use development. June 5, 2017 Kansas City developer to build warehouse near airport NorthPoint Development is exercising an option to purchase a 32 acre parcel to the west of Spectrum Brands (south of the Dayton International Airport) where they had previously proposed a 500,000 square foot building. NorthPoint will pay $30,000 for the land in three installments. This could be one of the larger speculative developments aimed at attracting new distribution business. (more)
Miller-Valentine Group is pleased to be selected as the construction manager by Rumpke Waste and Recycling for their 74,400 SF office headquarters, to be located in Colerain Township. Construction will commence this summer, with completion slated for the end of 2018. McGill Smith Punshon is the architect on the project. Read more as reported by Tom Demeropolis, Senior Staff Reporter, Cincinnati Business Courier http://www.bizjournals.com/cincinnati/news/2017/06/09/exclusive-rumpke-selects-builder-for-headquarters.html
Building on a strong record of affordable housing construction, Miller-Valentine Group is now ranked number three on Affordable Housing Finance Magazine’s list of Top 50 Affordable Housing Developers in 2016. The ranking is based on new units started in 2016. Recent years have seen Miller-Valentine ranked in the top 15 four times. This year’s highest-ever ranking represents 1,134 units started and 419 completed — but it’s not all about the quantity of units for Miller-Valentine. “The number three ranking is incredible and starting 1,134 units is a testament to our growth. We’re very proud of our success in 2016 but we’re not just looking to build more units,” states Brian McGeady, President of Affordable Housing. “Our philosophy is that our affordable housing projects need to improve not only the lives of the residents but the neighborhood in which they’re located.” Improving Lives Miller-Valentine helps improve residents’ lives by offering more than quality housing that fits their budget, but also by choosing locations that provide better access to amenities. Developing projects in better school districts that don’t currently have affordable housing options and close to shopping and recreation opportunities allows the residents to enjoy a quality of life never before possible (more)
At the I-70 I-75 Development Association’s Annual Summit last week, a panel comprised of Winfield Scott Gibson, David Williams, Scott Murphy and John Gower told us about the development activity in downtown Dayton. Check out this video and hear about Waterstreet, The Arcade, CareSource, The Fire Blocks District, The Levitt and much more.
Congratulations to Thrive Senior Living for the completion of Thrive Memory Care at West Chester, in West Chester, Ohio! The 60-suite community has been designed entirely with the purpose of providing residents living with Alzheimer’s Disease and related dementias with a peaceful, easy-to-navigate, secure and supportive environment. Amenities of this facility include: 60 Units, comprised of 54 single and 6 double units, each with their own full bathroom Community spaces for dining and recreation Specialized covered lighting to reduce visual overstimulation Salon and Spa Commercial kitchen sized to service the entire building 3 residential “neighborhoods”, designated by residents assessed functionality, for their comfort; each with their own kitchen, living and dining areas, and with personalized programming and care Large centralized courtyard with 3 screened in porches Miller-Valentine Group is proud to have been selected to provide construction services for this much-needed facility in Liberty Township. Mom has been at Thrive for a week today & I see a positive change in her already. She is less agitated & anxious and I believe it is due to the way the staff communicates with her and the ambiance of this beautiful yet homey place. It is a great feeling knowing your loved (more)
Miller-Valentine Group is pleased to announce the commencement of construction on a 100,000 square-foot retail facility for At Home, the home décor superstore, located at 1160 Gemini Place in Columbus, Ohio. At Home is the leading home décor superstore providing endless decorating possibilities with the broadest assortment of products for every room, every style, and every budget. The specialty retailer’s stores each carry over 50,000 unique items across broad home décor product categories. This is At Home’s sixth location in Ohio, and the third location in the Columbus market. Miller-Valentine Construction will be performing site work, general construction, plumbing, HVAC, fire protection and electrical work for this project, with an expected completion date of October 2017. Just in time for the holidays, this fall local shoppers will find fresh ideas throughout the store with room vignettes that are continually updated to showcase new trends and seasonal items to provide fresh inspiration. “We are proud to have been selected by this successful retailer to build their 3rd location in Columbus”, said Denny Whitehead, Vice President, Miller-Valentine Construction. “Located in an easily accessible, highly visible location, we look forward to completing this store in time for At Home customers to enjoy their (more)
The 2017 I70/75 Economic Development Summit will be held on May 25, 2017 at Sinclair’s Ponitz Center. The event includes representatives from various fields making it one of the best opportunities for networking around. Industries of all types will be present, including development companies, real estate firms, government, economic development organizations, financial institutions, utility companies, institutions of higher learning and students. This day-long economic development conference features respected keynote speakers discussing topics such as finance, real estate, regional cooperation, workforce development, infrastructure construction and other areas of interest. The Summit and post-Summit reception are structured in a way to provide all participants with an opportunity to grow their business and network with other successful professionals in your region. The I-70/75 Development Association is pleased to have a great group of sponsors for this annual event. For a listing of sponsors and the agenda for the day, please click here. This year’s speakers will include Tracey Hyatt Bosman, Managing Director, Biggins Lacy Shapiro & Co. (BLS & Co.), a Chicago IL based site selection firm. Tracey has twenty years of professional experience across a wide range of sectors, including manufacturing, headquarters, back office and contact center operations, logistics, and data centers. Other sessions (more)
Since the Americans with Disabilities Act of 1990 (ADA) was ratified, it has gone through several revisions, but one fact hasn’t changed: Unless it is structurally impractical, new public accommodations or commercial building construction, as well as alterations to existing facilities when requirements change, need to address Title III ADA compliance or risk a lawsuit. Even buildings or facilities eligible for listing on the National Register of Historic Places are designated as historic under State or local law must comply “to the maximum extent feasible” with Title III. And the risk of non-compliance—and subsequent lawsuits—is very real. In a review of ADA Title III Lawsuits in Federal Court between 2013 and 2016, law firm Seyfarth Shaw found an upward trend, noting that in 2016 alone, filings climbed 37 percent. What are the most frequently identified ADA Violations? As you might expect, the violations in the Top Five list cover a wide range of accessibility issues—and the devil is in the details. Here is what you need to look for: Evaluate the parking spaces and curb ramps: In addition to assuring appropriate space size and access aisles for getting in and out of vehicles using walkers, wheelchairs or motorized scooters, you (more)
Miller-Valentine Construction welcomes Hank Betts to the Dayton team as Project Manager. Hank is responsible for managing construction on a day‐to‐day basis through all phases of the project including design, estimating, bidding, permitting, construction and project turn‐over. Hank has 12 years of experience in the construction industry. He has hit the ground running under the direction of veteran Miller-Valentine Group Associate Tony Williams working on bidding a University of Dayton Project and an interior renovation at Tenneco. About Hank: What do you like most about the construction industry? I love the challenges that the construction industry has to offer. Many projects present unforeseen obstacles that allow you the opportunity to go above and beyond the call of duty. It is fulfilling to conquer these hurdles and deliver a quality project that meets or exceeds the schedule, budget, and overall expectation. Do you have a favorite quote? Hold yourself responsible for a higher standard than anybody else expects of you. Never excuse yourself. Never pity yourself. Be a hard master to yourself-and be lenient to everybody else. – Henry Ward Beecher Favorite Summer Past time? Our family spends as much time as possible enjoying the outdoors. When we aren’t on the (more)
Miller-Valentine Group is honored to be cited as one of the top 25 developers of multifamily housing for 2017 by The National Multifamily Housing Council (NMHC). The list is based on the number of units started in 2016 and Miller-Valentine Group landed at #18 with the largest percentage increase in starts from 2015 to 2016 at 401%. The closest competitor was about half of that, with a 202% increase. Clearly, the measure of a developer’s success goes well beyond the number of units started in a given year. Miller-Valentine Group focuses not only on creating top-quality developments but finding those perfect locations that will increase residents’ quality of life. Placing Premiums on more than Amenities Anyone can build an upscale development, but considering factors like transit system availability, traffic patterns, recreational opportunities and proximity to popular shopping areas is what makes the Miller-Valentine properties stand out. “Patience is a key for us,” explains Charlie Rulick, vice president of Miller-Valentine Conventional Multifamily Development. “We know it’s not just about finding the next plot of available land, it’s about finding those locations where people want to live, creating a vision and working to make it happen.” As the housing and construction markets (more)