$200 million development to bring hockey arena, apartments to Middletown's I-75 corridor

Middletown sits almost exactly halfway between Cincinnati and Dayton — a geographic fact that developers at Woodard Development have been waiting to capitalize on for decades. Todd Duplain, who has worked in real estate for 26 years, says the Cincinnati-Dayton corridor has been talked up as a growth opportunity for his entire career. Only recently has that potential started to materialize in brick and steel.

Renaissance Pointe is the biggest swing yet. The 50-acre site at State Route 122 and Union Road will mix residential, retail, hospitality and a major entertainment anchor into a single destination — a format that's reshaped mid-sized cities from Columbus to Covington.

What Changes at the SR-122 & Union Rd. Site

Today

After Renaissance Pointe

The arena is the centerpiece — a three-rink facility anchored by a 5,000-seat event space that officials say can host everything from USHL hockey to trade shows, graduation ceremonies and national touring concerts. The United States Hockey League has expressed interest in placing an expansion team in Middletown, which would mean 32 home games a year filling that arena — a consistent engine of foot traffic and spending.

City Manager Ashley Combs called the arena 'the cornerstone of this project,' and the numbers back that framing. Developers estimate 425,000 visitors annually — more than the entire population of Butler County — flowing through a corridor that has historically struggled to hold onto economic investment.

I've been in real estate 26 years, and every one of those years we talk about the Dayton and Cincinnati connection. Only in the last four or five years have we started to see that actually take place.Todd Duplain, Woodard Development

Public Funding Committed So Far

Public investment is already locked in. Warren County Commissioners voted 2-1 to commit a $12.5 million credit enhancement — not a direct cash grant, but a financial backstop that gives lenders confidence in the project. Middletown City Council followed on May 5, 2026 with a matching $12.5 million commitment. Together, the $25 million in public credit support is designed to unlock the private investment needed to build the full development.

The city is also committing infrastructure improvements around the site — road, utilities, and public safety upgrades that both serve the development and strengthen the surrounding neighborhood.

How Renaissance Pointe Stacks Up Against Similar Regional Developments

Renaissance PointeHeritage Bank Center (Cincy)Brady Music Center (Dayton)
Capacity5,0003,4002,800
Total Investment$200M+$35M (renovation)$12M
Ice Rinks300
Resident Sports TeamUSHL (proposed)NoneNone
Mixed-Use ComponentsApts, hotels, retailArena onlyVenue only
Jobs (FTE)600+~150~80

Renaissance Pointe: Key Milestones

How Well Do You Know the Renaissance Pointe Deal?

Four quick questions on the project everyone in the I-75 corridor is talking about.

How much in total public credit enhancements have Warren County and Middletown committed to the project?

Which professional hockey league has expressed interest in placing an expansion team in Middletown?

How many annual visitors are developers projecting will come to Renaissance Pointe?

When is the Renaissance Pointe arena expected to open?

The Public Funding Debate: Was the 2-1 Vote a Warning Sign?

Warren County Commissioners didn't unanimously back the project — the $12.5 million credit enhancement passed 2-1. That dissenting vote reflects a real debate about the role of public funds in private development, even when the mechanism is a credit enhancement rather than a direct cash outlay.

Credit enhancements work differently from tax abatements or direct subsidies. Rather than writing a check, the government entity pledges its credit to help the developer secure lower-cost financing. If the project succeeds and loans are repaid, public money never actually flows. If the project struggles, taxpayers could be on the hook.

Supporters argue the $25 million in combined commitments is a reasonable public investment to unlock a $200 million private development and 600 jobs. Critics would ask: what happens if the USHL expansion team doesn't materialize, or if the 425,000 visitor projection falls short? Those questions haven't been publicly answered — and the 2-1 vote suggests at least one commissioner thinks they deserve one.

Stay Ahead of Renaissance Pointe

Sources & References

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