Last year when Avenue Pharmacy in Dayton learned that their lease wouldn’t be renewed, owner Sam Colleta reached out to Robert Yoder, Dayton’s Economic Development Director for help. “Robert had a list of available properties in Dayton, many of which weren’t listed for sale, and told us about the Commercial Community Advantage Program,” said Sam Colleta.
Avenue Pharmacy found a new location at 201 Sixth Avenue, the former Smitty’s Bar, but they knew the building would require extensive renovations. This is where Dayton’s Commercial Community Advantage Program (CCAP) would provide gap financing to make this project possible. “We wanted to keep Avenue Pharmacy in Dayton,” said Robert Yoder, “It’s vital to a small town like Dayton to have a local pharmacy to meet the needs of our residents. We were able to provide $30,000 in matching funds for this project. That turned a vacant tavern into this wonderful new pharmacy.”
At the ribbon cutting on Thursday, March 14, Dayton Mayor Ben Baker said, “We thank Avenue Pharmacy for their commitment to serve the residents of Dayton and for their investment in our historic downtown. Having a pharmacy in our downtown is critical not only to the health of our residents, but to the walk-ability of our main street."
For more information on the City of Dayton’s Economic Incentives visit http://www.daytonky.com/visitors/economic-development/ or contact Robert Yoder, Economic Development Director at 859-491-1600 or firstname.lastname@example.org.
Dayton Community News