Being first doesn’t always come with a gold medal. This former refrigerated produce storage building had been sheathed in aluminum siding for decades. No one remembered what was behind the siding, or cared. When Rain and Dave Williams announced that this would be the first loft project in Dayton, most people took a wait and see attitude. The 18,000 sq ft building was transformed into 9 market rate condos and an innovative basement parking solution added 8 parking spots.
Unbelievably, the project cost was only $850,000 in 1990 dollars. Now, just 3 of the units have combined to sell for that much.
This project inspired others to try their hand at similar projects, but, none delivered as much bang for the buck as this one.