Montgomery County Sells Fairgrounds To UD And A Health Network

Montgomery County has sold its fairgrounds to the University of Dayton and a health network.The university and Premier Health both signed a letter of intent in December to buy the Montgomery County Fairgrounds near Dayton. The university and Premier will each pay 5.25 million dollars of the purchase price. The county is giving the institutions 2 million dollars to restore and reuse a historic roundhouse on the property, and the Dayton-Montgomery County Port Authority is contributing a 2.5 million dollar state grant to revitalization efforts. University and hospital system officials say they don't have specific plans for the 38-acre property yet. But they say they want to redevelop it in a way that will help the institutions and the community.