The city this week is likely to approve hiring another firm to determine the line’s market value, based on a variety of factors, including location and market conditions. The appraisal is expected to take less than two months to complete.
RELATED: Dayton begins negotiations for ‘high line’ elevated bike track
The city of Dayton is interested in transforming the line into an elevated bike path, similar to popular elevated rails-to-trails parks in New York City and Chicago.
The recreation trail would connect downtown to Inner East neighborhoods and would provide unique views of downtown and East Dayton since the rail line is elevated for several blocks and runs parallel to Third Street and U.S. 35 at spots.