Phoenix Project

The Phoenix Project is a public-private partnership that is investing millions of dollars for redevelopment activities in the greater Fairview neighborhood over a five-year period. Primary partners are CityWide Development Corporation, the City of Dayton, and Good Samaritan Hospital. Goals of the project include improving homeownership through new construction and rehabilitation of single-family homes, and improving the appearance and function of upper Salem Avenue as a gateway to the hospital and neighborhood. The City of Dayton and Good Samaritan have each pledged $5 million to these efforts, and project manager CityWide is providing a $1 million loan pool for secondary financing in the form of home improvement loans and commercial loans.

Two incentive plans have been established to encourage Good Samaritan Hospital employees and others to buy homes in the Phoenix Project area. In addition, the Phoenix Home Improvement Loan program is enabling existing homeowners to improve their homes. Through REAP (Real Estate Acquisition Program), the Phoenix team has identified and begun legal action on 30 parcels that are negatively impacting the neighborhood. It has also established partnerships with youth agencies and Dayton Public Schools in order to enhance the quality of life for the area’s youngsters. Among many other developments, Phoenix investors have acquired the Miracle Lane shopping center with the goal of converting it to an office/retail facility, and the Phoenix staff is working to strengthen area businesses through outreach and strategic programs.

More information about the Phoenix Project is available at PhoenixProjectDayton.org