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Expert shares plan to save downtown
Special 2 Pt. series starts Monday on 2 News Today
Updated: Friday, 17 Feb 2012, 11:50 AM EST
Published : Friday, 17 Feb 2012, 9:17 AM EST
DAYTON, Ohio (WDTN) - Development expert and author David McDonald says he can turn around downtown Dayton for about $30 million.
He says you must first reduce the office vacancy rates of around 35 percent and stop the exodus of businesses.
He is proposing a bold plan that would raze several non-historical, under-utilized office buildings, reducing office vacancy rates almost overnight.
Razed, shovel ready properties would then be signed-over to the city for free parking to combat competition from the malls.
To pay for the aggressive proposal, McDonald is forming a development group consisting of local CEO's who, he says, are better equipped to attract sophisticated developers needed to turn around downtown Dayton.
McDonald's full plan will be revealed in a special two part series beginning Monday morning February 20, exclusively on Two News Today beginning at 4:30 a.m.
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