DAYTON, Ohio (WDTN) – The Barclay Building on Main Street has been sold and will be redeveloped into a boutique hotel.
Built in 1927, the Barclay Building is a 10-story, 60,000 square foot tower at the corner of First and Monument in downtown Dayton.
Miller-Valentine Group (MVG), the company that previously owned the building, announced this week that they sold it to First Barclay, LLC, a joint project between Columbus-based Lawyers Development Corporation and Chicago-based First Hospitality Group (FHG).
“It is hard to leave this building. It has served us well, but it was important to us that something exciting and impacting be done with this space,” said Dave Dickerson, President of Dayton Construction Sales and Development at MVG. “We believe its next life will be the highest and best use for this property.”
Lawyers Development and FHG first partnered in developing Hotel LeVeque, a 149-room boutique that serves as the hospitality component of the comprehensive mixed-use redevelopment of the iconic Art Deco-era LeVeque Tower in downtown Columbus.
Hotel LeVeque was voted the most beautiful hotel in Ohio in 2017 by Architectural Digest. The historic skyscraper also features luxury apartments and condominiums, Class-A office space, and a high-end restaurant and pub.
FHG representatives say what makes the redevelopment of the Barclay Building so special is that it will allow its team great opportunities for creative input to provide experiences unique to guests.
The company plans to make sure aspects of Dayton’s strong aviation and engineering heritage are present throughout the hotel.