Miamisburg sells 81 acres near Austin Blvd. for $4.1 million

The Miamisburg City Council voted Tuesday to sell 81 acres along Byers Road, near the new Austin Boulevard interchange, to a developer for $4.1 million.

The 7-0 vote (Mayor Dick Church was absent) was to sell to BW Partners, a limited partnership, to work with the city on developing the property.

The acreage is part of a tract known as the Long Farm, along a corridor envisioned on a newly reconfigured stretch of Byers that leads from the interchange into Miamisburg.

“We see this parcel becoming a base for office and light industrial employment in our community,” City Manager Keith Johnson said.

BW Partners is represented by Realtor Mark Fornes and Tom Nickolai, an agent in his firm, according to agreements passed Tuesday night.

Construction Managers of Ohio, a Miamisburg-based company, is also part of the joint venture, officials said.

The sale is expected to close this month. BW is expected to work with the city on a master plan for the land.

The city purchased the land for $4 million in July 2011 from the Montgomery County Port Authority in order to control its development, according to city officials.

RG Properties, developer of much of the land around the interchange, relinquished its option on the parcel after Motoman purchased 20 acres just west of the interchange in August 2010.