[font=Verdana]Phase two of the [/font][font=Verdana]Tech[/font][font=Verdana]Town[/font][font=Verdana] project moves ahead as city officials Wednesday voted to sign a contract with a [/font][font=Verdana]Dayton[/font][font=Verdana] Ohio company to demolish more buildings on the site.[/font]
[font=Verdana]Jergens-Bales Contractors Inc.[/font][font=Verdana] will get $924,865 to remove the footers and foundations of the additional buildings. The project should be finished within 40 working days, said Norm Essman, city economic development director, at the commission meeting. [/font]
[font=Verdana]The demolition project is part of Tech Town's $7.2 million second phase, which will demolish more dilapidated buildings of the former General Motors Harrison Radiator facility, renovate the interior of others and construct a new 40,000-square-foot office building. [/font]
[font=Verdana]Tech[/font][font=Verdana]Town[/font][font=Verdana] is slated to be a 46-acre, high-tech business and research park on land that for nearly a century has been used for industrial purposes. The project, at the intersection of [/font][font=Verdana]Webster Street[/font][font=Verdana] and [/font][font=Verdana]Monument Avenue[/font][font=Verdana], carries a projected price tag of $100 million and a six-year timeline. A master plan shows more than a dozen buildings providing up to 500,000 square feet of space and 2,000 jobs. [/font]
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