The Dayton Daily News is reporting that a Louisville, Kentucky-based developer, Michael Heitz, of Garrett-Day LLC Properties, is in the process of buying Hara Arena, which served as home to Dayton Hamvention from 1964 until 2016. Heitz told the Dayton Daily News that he bought out income tax liens on the property from Montgomery County and is hoping to close on some bank liens later this week. It’s not known how much Heitz has invested in the property so far. The six-building Hara Arena complex includes some 120 acres of real estate, 25 acres alone devoted to parking. Heitz said his priority is to “clean it up and secure the property.” Hara Arena has been visited by camera-carrying urban explorers as well as by vandals since it closed.
The IRS put the Hara Arena complex on the auction block last August to satisfy a tax lien, but no successful bidder came forward. An IRS staff member who was involved in the 2017 auction told ARRL early this year that the agency would not try again to auction the parcel, but suggested that other lienholders, including a mortgage holder and the Town of Trotwood, might go that route. At one point, the asking price for Hara Arena was $775,000.