Downtown Dayton is currently enjoying a rebirth with many projects happening. Completed is Fifth Third Field, an 8,000 seat stadium home to the home of the Dayton Dragons Class A Pro baseball team. Phase 1 of the Riverscape Project featuring 5 giant fountains shooting water 200 ft over the Great Miami River is complete. The Ice Avenue Lofts are completed and bringing downtown living to new standards. RTA has just finished renovating the 15 story American Building for it's downtown hub.

Construction is under way for the $125 million Schuster Performing Arts Center which will feature a glass atrium wall and an 18 story office tower. Phase 2 is under way. Phase 3 will be completed by 2004. Relizon Wireless Headquarters is currently under construction and bringing more than 500 jobs downtown. Demolition is nearing for the Lazurus Parking facility to make way for a new, bigger and better one. A parking addition is currently under progress for the Reibold Building. Last, but not least, Elder-Beerman, a landmark downtown, will undergo an extensive 16 million renovation to make way for Reynolds and Reynolds to bring 300 new jobs downtown.