DAYTON, Ohio (WDTN) – Talbott Tower, Dayton’s 14th largest downtown building, has a new owner.
Talbott Tower Holdings LLC, owned by Javad Adinehzadeh, purchased the tower for 1.8 million dollars.
Adinehzadeh has been fond of the Dayton area since 1994. He has even had his eye on Talbott Tower for several decades.
“I told myself that I hope some day I will have this building. That was basically the end of it. I love this building. The history of this building and the structure of this building,” said Adinehzadeh.
The tower is at about 60 percent capacity and one of the main tenants, Dyer Garofalo Mann & Schultz, considered leaving.
That all changed when the new owner got on board.
“We want to make sure they (tenants) are happy and secure. They have been very loyal to this building,” said Adinehzadeh.
Over the next few months, Talbott Tower will get new LED lighting, a new roof, an improved HVAC system and fiber optics.
The building already has valet parking, a salon, yoga, barber, dining options and housekeeping services.
“There have been numerous tenants who have been here for decades. To have new energy and commitment to strengthening the building – it’s a great thing,” said Sandy Gudorf, President of The Downtown Dayton Partnership.
A new bakery is expected to move in early this year, along with several other perspective tenants.
“Hopefully they will open the bakery in three months. And we have two or three people that we are basically inviting them to the building,” said Adinehzadeh.
Talbott Tower started out as just a three story building in 1938, now it’s 14 stories tall.