Artist’s conception of expanded Penny Ohlmann & Neiman Inc. office on North Main Street.
Advertising agency expanding
The Dayton advertising agency is renovating its existing 6,000-suare-foot building and adding another 6,000 square feet.
Penny Ohlmann & Neiman also is tripling its parking space and landscaping its location at 1605 N. Main St. Construction work started six weeks ago and will conclude in January.
The advertising agency purchased two adjacent buildings and razed them to make way for the expansion, which will cost upwards of $600,000.
A large part of the financing came from City-Wide development Corp., the city of Dayton’s economic development arm.
Penny Ohlmann & Neiman, founded in 1949 by Robert L; Penny, expects revenues of $5.9 million this year, City-Wide officials said earlier. The agency’s large clients include First National Bank of Dayton and the Metropolitan, they said.