The University of Dayton has purchased the former NCR Corp. world headquarters for $18 million. The university will move its expanding Research Institute into the building, which will provide a signature facility for its research arm.
The University of Dayton Research Institute conducts nearly $100 million annually in sponsored research and just received its largest contract in history – $49.5 million to develop advanced jet fuels and combustion technologies for the United States Air Force.
The 455,000-s.f., five-story building along the Great Miami River is one of the largest office buildings in the region and includes offices, classrooms, an auditorium, a dining facility and a 1,600-space parking lot.
Approximately 260 researchers, support personnel and students are expected to move out of other campus locations and into the building over the next three years. The vacated space in Kettering Laboratories will allow the School of Engineering to expand and provide space for the Ohio Research Scholars, a program that sends engineering students to developing countries to provide technical know-how.
About 160 researchers will continue to work at Wright-Patterson Air Force Base and leased space around Dayton.