Ohio Business Park Redevelopment to Create 750 New Jobs

An aging office campus near Dayton, Ohio is getting a second life as a bustling community where people can live, work, and thrive together.

Industrial Commercial Properties acquired the LexisNexis campus off Springboro Pike in February 2021 and immediately saw potential beyond traditional office space. Now called "the Pike," the 43-acre property is becoming a mixed-use destination that's already changing the local economy.

The numbers tell an exciting story. ICP has already leased 250,000 square feet of renovated office space, with 750 jobs expected by later this year. Another 100,000 square feet of new office leasing is in the works for 2026.

LexisNexis, the data analytics company that originally occupied the campus, remains a key tenant but now occupies a right-sized 137,000 square feet. Their decision to streamline after the pandemic created opportunity for other businesses to move in.

One success story is Accelevation, a data center infrastructure manufacturer that loved the space so much they nearly doubled their footprint. They went from 27,000 square feet to 52,000 square feet in just two years.

The vision extends beyond offices. Plans include five apartment buildings with about 45 units each, plus amenity spaces for residents. Commercial spaces, restaurants, and retail shops will round out the community, creating a place where workers can grab lunch, run errands, or even live nearby.

The Ripple Effect

This transformation shows how adapting to change can create unexpected wins for entire communities. The pandemic forced many companies to rethink their space needs, which could have left properties abandoned. Instead, developers saw a chance to create something better.

By mixing residential, office, and retail uses, the Pike is building the kind of walkable, diverse community that supports local economies. Workers support nearby restaurants, residents fill local jobs, and businesses benefit from the foot traffic. Beautification efforts starting this year will make the campus even more inviting with new signage, wayfinding, and landscaping.

Miami Township is embracing the change too. The developers are working with the zoning commission to rezone the property from general office to mixed-use, creating a roadmap for future development that benefits everyone.

Jeff Martin, ICP's senior vice president of development, sees this as creating real attraction and energy. The goal isn't just filling buildings but creating a place where different uses support each other and bring the property to life.

From empty cubicles to a thriving community hub, the Pike proves that with vision and flexibility, yesterday's underused spaces can become tomorrow's success stories.