A Teradata [1] employee confirmed my rumor tweet [2] last night: “Yes, apparently so! We just heard this week. The plan is to move by the end of the year but I don’t believe they have started the building yet!”
What the county promised wouldn’t happen- the cannibalization of existing business to the new “mecca” at Austin Road is now confirmed. Teradata’s facility isn’t even 10 years old- (maybe 5) and it’s time to move to a property owned by developers RG Properties. One has to wonder why there wasn’t a bid to try to move them back to the NCR HQ building- even along with UDRI- the building has to work for them- and it would help the region by:
- Returning high paying jobs to the central city
- not increasing the amount of commercial space (we’re overbuilt already)
- and of course, snubbing NCR who took GA money and ran.
Until we cut down the amount of vacant commercial space [3], there should be a moratorium on new- or require at least square foot foot for square foot demolition of old for permits to build new.
I’ve been looking for examples of demolish old to build new requirements. A few years ago there were few examples of how to legally inplement this. One that was tried ten years ago in Trotwood (don’t know if it is still in effect) is that new commercial building permits were to include the removal requirement if the building bacame vacant in the future and stayed empty for a specified period of time. That seemed to satisfy the law director at the time.
I just checked with the wife, that Teradata building is roughly three years old. This is quite possibly the second biggest waste of resources in Dayton I’ve ever heard of. Now I’ll get another eyesore of an abandoned building on my drive to and from work every day. Along with the empty Walmart.
God Bless Randy, Bo, the TID and all the wonderful politicians that have been bought paid and brainwashed by “Progress”.
I have a question. Who is funding these buildings? Are these private investors who are developing these properties or are they government funded or subsidized?
OK, here’s the current score at Austin Pike:
Motoman: cannibalized
Matrix Systems: cannibalized
Dayton Superior: cannibalized
Crane America: cannibalized
Teradata: cannibalized
Proton Therapy: NEW BUSINESS (although it isn’t here yet)
1-5
@Jesse- hard question to answer. Tax dollars built the interchange- increasing the value of the land for the developers. There are various “tax sharing” plans and programs- like a TID- that sort of take the tax revenue raised- and pour it right back into the development- not sharing it with the rest of us.
Meanwhile- we’re paying for fire stations for the people who will come- so, we’re all paying the price. We’ve already over-built commercial space in the region- now, we’re going to build more. Go figure.
David,
I know you think that we could never agree on anything but I am going to offer a really big olive branch. I am totally against government picking and choosing to whom it will distribute tax money. They should reduce taxes evenly across the board, not more for some than others.
The point of disagreement is, of course, that “we” shouldn’t be building fire stations, etc. You would think that if we have available office space that businesses would like to take advantage of the lower prices we should be expecting in the market. Wonder what is happening? Perhaps the threat of taxation or monetary manipulation creating massive malinvestment.
who are the financier behind this buildings.. are they private investors?
Although you’re a spammer- the financier behind the Teradata building- is partially Montgomery County Tax payers- to the tune of $500K- the rest is being put together by RG Properties.
The point of disagreement is, of course, that “we” shouldn’t be building fire stations
There’s a great New Yorker cartoon about libertarians and government-provided fire protection — the caption reads, “No, thanks — I’m a libertarian.”