Local Businesses Expand
Monroe is growing! The robust business community includes Cincinnati Premium Outlets and Miami Valley Gaming. Both are destination business with a combined unique annual visits tally for 3,800,000. With 30,000 households, growth in Monroe and surrounding areas is expected to double in 10 years. Restaurants and retailers are now moving into the area to service today’s residents and prepare for the future.
Roadway Expansion
Today two lane SR 63 is unable to properly move the 22,000 vehicle traffic in this growing community. A major roadway expansion that will take those two lanes to four is underway. That will cut drive times and help connect Dayton and Cincinnati travelers, greatly reducing drive times for commuters.
Monroe Local Schools New High School
Monroe, Ohio is a rapidly growing community that sits between Dayton and Cincinnati. With a booming population that is expected to double within 10 years, the current high school is overcrowded. The existing building has capacity for about 1,800 students but is over that limit with about 2,300 students.
Five Cities Property
Westheimer Real Estate owns 20+ acres at the corner of SR 63 and I-75 at Exit 29…the last large parcel available in this area. It offers high visibility with over 53 million annual impressions. Area demographics are impressive: Population of 104,750 and average income of over $112,000 within five miles. This rapid growth means exceptional opportunities for business expansion. Growing communities need resident services like groceries, entertainment, health providers and pre-schools. There are 22+ new communities underway and 4,400+ new homes planned just minutes from the Exit 29 intersection.
WRE is happy to offer Monroe Market Insights and details about the current business community and our property. The time to act on Five Cities is now!