Dayton Daily News

Austin South

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lock at Austin and Ohio 741.

“Along with the recent continuous right turn lane from Austin East to Ohio 741 south, we are just beginning the design of the dual northbound left turn lanes from SR 741 north to Austin Westbound,” Dillon added.

Developer Dillin acknowledg­ed he and VisCap, his company developing both sides of Austin Boulevard, east of I-75, needed to work out complement­ary uses for public areas at Austin Land- ing and the planned Spring- boro site.

During his public unveiling Thursday before the council vote, Dillin said the public spaces were “critically important to long-term success, bringing the neighbor- hoods to life” with activities

and events. With two members absent, the council approved a resolution 5-0 authorizin­g City Manager Christine Thomp- son to sign the developmen­t.

“The jo u rney starts tonight,” Springboro Mayor John Agenbroad said.

VisCap is the company through which Dillin is developing and leasing on both

sides of Austin Boulevard. He took over for developer Randy Gunlock and RG Prop- erties.

Now the city and Dillin’s companies begin a contingenc­y period of 90 to 180 days expected to lead to arrangemen­t of financing for the project.

The status of the annexation was unclear Friday. Springboro, Miami Twp and Miamisburg collaborat­e on developmen­t with the Austin Developmen­t District.

By late spring 2018, Austin South Springboro proj- ect is to be breaking ground.

The agreement also establishe­d a two-layer private review process. No one will go before the city’s planning commission or architectu­ral review board.

A new five-member architectu­ral review committee will give the city a “tie- breaker vote” on developmen­ts given the go-ahead by Dillin.

“If I don’t feel like the proj- ect fits, I can say ‘No,’ ” Dillin said during the presen- tation.

Dillin is concluding work at Austin Landing, a mixedused developmen­t at Austin Boulevard across from the new project site. Dillin, his investors and

the companies moving to the developmen­t are expected to put in as much as $350 million, according to the developmen­t agreement released this week.

Upscale sen i or and multi-family housing, a hotel and retail are among the uses anticipate­d in the first phase of the 67-acre developmen­t on the southeast corner of Interstate 75 and Austin Boulevard, in Spring- boro and Miami Twp.

The developmen­t agree- ment also sets a schedule of payments to Miamisburg City Schools, starting in 2021. Payments of more than $3 million would be in lieu of taxes on the improvemen­ts that are to be diverted through tax incrementa­l financing to help pay for the developmen­t.

The developmen­t is to be accessed off Austin Boule- vard by an entrance across from one leading into Austin Landing and allowing no left turns for westbound motorists.

A full entrance would be built off 741, which is Main Street in Springboro.

Dillin is also expected to be involved in redevelopm­ent of Springboro’s central crossroads, Main Street and Central Avenue (Ohio

73) in Springboro. If all goes well, Dillin said “the first wave” should open in November 2019.

“Before Christmas of 2019,” he said in response to a question from Ryan Cromwell, a local Boy Scout attending the meeting.

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