The Water Street District is a mixed-use development under construction in Downtown Dayton, Ohio .
37-542: Ballpark Village may refer to: Dayton Ballpark Village, the former name of the Water Street District in Dayton, Ohio Ballpark Village (St. Louis) [REDACTED] Topics referred to by the same term This disambiguation page lists articles about distinct geographical locations with the same name. If an internal link led you here, you may wish to change
74-622: A Fintech incubator subsidiary called "numo" that functions as an internal startup. Its first development included indi, an instant payment and mobile banking company for gig workers. In May 2020, the company sold its stake in BlackRock . On June 1, 2021, PNC acquired BBVA USA for $ 11.6 billion in cash. The acquisition significantly boosted its presence in Colorado and Texas, complemented its presence in Alabama and Florida, and introduced
111-431: A 426 branches in southern Virginia , North Carolina , South Carolina , Georgia , Alabama , and Florida . Prior to the acquisition, PNC had slipped (due to mergers and growth in other firms) from its ranking following the 2008 National acquisition; this 2012 acquisition made PNC the fifth largest bank by branches behind Wells Fargo , Bank of America , Chase , and U.S. Bank and the sixth largest by total assets behind
148-478: Is one of the country's largest mergers and acquisitions advisory firms for middle-market companies . Midland Loan Services, a division of PNC Real Estate based in Overland Park, Kansas and founded in 1991, is ranked by Mortgage Bankers Association as the second largest master and primary servicer of commercial bank and savings institution loans. The name "PNC" is derived from the initials of both of
185-717: The 2007–2008 financial crisis , the National City acquisition by PNC for $ 5.2 billion in stock was completed. The acquisition was financed with preferred stock sold to the United States Treasury as part of the Troubled Asset Relief Program implemented as part of the Emergency Economic Stabilization Act of 2008 . The stock issued to the U.S. Treasury was repurchased in 2010. PNC then became
222-519: The District of Columbia , with 2,629 branches and 9,523 ATMs . PNC Bank is on the list of largest banks in the United States by assets and is one of the largest banks by number of branches, deposits, and number of ATMs. The company also provides financial services such as asset management , wealth management , estate planning , loan servicing, and information processing . PNC is one of
259-487: The Fair Labor Standards Act . According to a lawsuit, funds entrusted to National Prearranged Services (NPS), a St. Louis–based company that sold prepaid funerals, were diverted and embezzled. PNC Bank is the successor to Allegiant Bank, which served as a trustee for NPS from 1998 to 2004. In 2015, a jury ordered PNC to pay $ 391 million. In 2017, a federal judge overturned the decision. In 2015, PNC
296-415: The annual general meeting , fasting, and boycotts. On Mar 2, 2023, Donald Trump Jr. , cofounder of news aggregator MxM News, tweeted that PNC had abruptly cancelled all financial services for MxM without explanation. Trump and cofounder Taylor Budowich alleged that PNC disapproved of Trump’s political leanings since no reason was given for the closure. PNC claimed it was a “good faith error” and reopened
333-428: The $ 230 million development on the bank of the river had come on the heels of a $ 51 million development several blocks away as a new headquarters for CareSource . In all, the development was to consist of three projects: a big box retailer on the north side of the river, a 200-unit upscale condominium, and a 300,000-square-foot entertainment complex with restaurant, retail and office space, with 1,000 parking spaces. It
370-616: The $ 30 billion dollar merger of Midlantic Bank of Edison New Jersey in 1996, that at the time, was one-third the size of PNC. That broadened its market base from Kentucky to the New York metropolitan area . Since 1984, PNC has compiled the Christmas Price Index , a humorous economic indicator which estimates the prices of the items found in the song " The Twelve Days of Christmas ". In 1998, PNC acquired Hilliard Lyons for $ 275 million in cash and stock. Hilliard Lyons
407-420: The 1930s – to form Peoples First National Bank & Trust . In 1959, Peoples First merged with Fidelity Trust Company to form Pittsburgh National Bank . At this time, the bank adopted the first version of its present logo – a stylized triangle representing the city's Golden Triangle . In 1969, the bank reorganized as a holding company, Pittsburgh National Corporation. Another branch of
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#1732791448118444-622: The 5th largest bank in the United States by deposit and fourth largest by branches. On August 14, 2009, PNC took over Dwelling House Savings & Loan and its only branch location in Pittsburgh's Hill District after Dwelling House failed and was placed in receivership by the Federal Deposit Insurance Corporation (FDIC). Dwelling House had been known in Pittsburgh to provide loans to low–income African Americans that other banks would deny. The branch
481-583: The City of Dayton held a formal groundbreaking ceremony for the residential component of the project. 39°45′58″N 84°11′09″W / 39.766111°N 84.185833°W / 39.766111; -84.185833 PNC Financial Services The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania . Its banking subsidiary, PNC Bank , operates in 27 states and
518-561: The U.S and the second–largest full–service accounting and administration provider to U.S. mutual funds. GIS serviced $ 1.9 trillion in total assets and 58 million shareholder accounts. It was known as PFPC until July 2008. In January 2011, PNC acquired BankAtlantic's Tampa Bay Area branches. In December 2011, PNC acquired 27 branches in the northern Atlanta suburbs with $ 240 million in deposits and $ 42 million in book value from Flagstar Bank . In 2012, PNC acquired RBC Bank from Royal Bank of Canada for $ 3.45 billion. RBC Bank had
555-502: The aforementioned four banks and Citibank . On July 30, 2012, PNC announced plans to put ATMs in 138 Harris Teeter grocery stores in the Carolinas , plus 53 other stores. In September 2014, PNC acquired Solebury Capital Group, a capital markets advisory firm, for $ 50 million. On October 2, 2015, the bank opened Tower at PNC Plaza , its new headquarters on the corner of Fifth Avenue and Wood Street in downtown Pittsburgh . It
592-662: The bank had charged Black and Hispanic borrowers higher prices for mortgages between 2002 and 2008, before the acquisition by PNC. Regulators claimed that National City had violated the Fair Housing Act and Equal Credit Opportunity Act by charging more than 75,000 borrowers higher loan rates based on their race or ethnicity rather than their risk level. National City's lack of pricing guidelines resulted in black borrowers being charged an average of $ 159 more in extra upfront fees or higher interest than white borrowers. Black borrowers also paid an average of $ 228 more annually over
629-626: The bank to the Arizona , California , and New Mexico markets. In 2021, PNC originated nearly 95,000 mortgages worth $ 34.8 billion. This is a 23% increase vs prior year and stands as their highest origination volume to date. In December 2013, the Department of Justice and the Consumer Financial Protection Bureau announced that they had reached an agreement with National City Bank to resolve allegations that
666-576: The bank's two predecessor companies: Pittsburgh National Corporation and Provident National Corporation , which merged in 1983. PNC Mortgage (formerly National City Mortgage) is credited with funding the first mortgage in the United States and has offices across the country. PNC Financial Services traces its history to the Pittsburgh Trust and Savings Company which was founded in Pittsburgh, Pennsylvania , on April 10, 1845. Due to
703-832: The company acquired Fortis Advisors, which provides post–merger shareholder services. The company ranked one hundred sixty fifth on the 2018 Fortune 500 list of the largest United States corporations by revenue. In 2018, PNC began opening "Solution Centers", a hybrid between traditional bank branches and ATM–only services, mostly serving new markets. Through this method, PNC expanded its retail footprint into Boston , Denver , Kansas City , Nashville , and several markets in Texas including Austin , Dallas , Houston , and San Antonio . Two of PNC's "Big Four" competitors, Bank of America and Chase Bank , have both also been expanding into new markets through this method, including into PNC's home market of Pittsburgh. In August 2019, PNC launched
740-608: The current bank, the Philadelphia –based Provident National Corporation, dates back to 1865. In 1982, Pittsburgh National Corporation and Provident National Corporation, both with PNC as their abbreviations, merged into a new entity named PNC Financial Corporation . It was the largest bank merger in American history at the time and created a company with $ 10.3 billion in assets. Between 1991 and 1996, PNC purchased more than ten smaller banks and financial institutions, including
777-518: The details solidified, the Water Street District project moved forward in early 2014 boasting a 50,800 SF commercial building, 215 residential apartments and town homes, and a parking deck to include nearly 600 parking spaces. The commercial building was completed in early 2015 with the lead tenant, PNC Bank , to build out their offices by mid-2015. On March 19, 2015, representatives from Crawford Hoying, Woodard Real Estate Resources and
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#1732791448118814-669: The development sits on is in Downtown Dayton , along the bank of the Great Miami River and the confluence of the Mad River at the intersection of East Monument Avenue and Riverside Drive. A mixed-use development was proposed on the land in November 2006, termed Ballpark Village, with Los Angeles -based Mandalay Entertainment Group and Cincinnati -based Bear Creek Capital as developers . The announcement on
851-516: The eighth largest bank in the United States by deposits. On October 26, 2007, PNC acquired Yardville National Bancorp, a small commercial bank centered in central New Jersey and eastern Pennsylvania. On September 15, 2007, PNC Bank acquired Citizens National Bank of Laurel, Maryland . On April 4, 2008, PNC acquired Sterling Financial Corporation, a commercial and consumer bank with accounts and branches in central Pennsylvania, northeastern Maryland and Delaware. On October 24, 2008, during
888-403: The first bank in the country to apply for a national charter as part of that year's National Banking Act . It received the 48th charter on August 5, 1863, with other later banks receiving charters sooner due to paperwork problems and the fact that the bank was already in business. In 1946, First National merged with Peoples-Pittsburgh Trust Company – with whom it had worked closely since
925-408: The largest Small Business Administration lenders and one of the largest credit card issuers. It also provides asset–based lending to private equity firms and middle market companies . PNC operates one of the largest treasury management businesses and the second largest lead arranger of asset–based loan syndications in the United States. Harris Williams & Co. , a subsidiary of the company,
962-688: The largest banks in the Washington metropolitan area . In 2005, PNC began outsourcing mortgages to Wells Fargo . In August 2006, PNC got back into the credit card business by marketing and issuing credit cards under the MasterCard brand in partnership with U.S. Bancorp (U.S. Bank) . After the National City merger (see below) in 2008, the U.S. Bancorp (U.S. Bank) products were converted to PNC Bank products. On March 2, 2007, PNC acquired Maryland-based Mercantile Bankshares, making PNC
999-462: The life of the loan than white borrowers. Hispanics paid $ 125 more upfront and $ 154 more annually than white borrowers. Under the terms of the settlement, PNC was required to pay victims $ 35 million. In March 2006, PNC and other large banks were forced to reissue hundreds of debit cards to customers after card numbers were disclosed by a breach at an unspecified retailer. Also in March 2006, PNC Bank
1036-408: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Ballpark_Village&oldid=1153058950 " Category : Place name disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Water Street District (Dayton) The land
1073-554: The long recovery from the Great Fire of Pittsburgh , Pittsburgh Trust and Savings was not fully operational until January 28, 1852. It originally opened offices at Liberty Avenue and 12th Street. The bank was renamed The Pittsburgh Trust Company in 1853. In 1858, the company located its corporate offices to the corner of Fifth Avenue and Wood Street in Pittsburgh, where they remain to this day. The bank changed its name to First National Bank of Pittsburgh in 1863 after it became
1110-473: The possibility that a new development could be in the works there. And the project was unveiled in July 2013, as a $ 36 million mixed-use project to be developed by Dayton-based Woodard Real Estate Resources and Columbus-based Crawford Hoying as developers. Dubbed "Water Street District," the initial plan had been for a 50,000-square-foot office building, 161 luxury apartments and a 430-space parking garage Once
1147-541: The project due in part to trouble financing the project. Mandalay and the city initially opted to push ahead with the project, however in November 2008 after tenants pulled out of plans to move into the building, it was postponed indefinitely in the midst of the Great Recession . As of 2010 there were no plans to restart the project. The City of Dayton purchased land on the site of the development in May 2013, raising
Ballpark Village - Misplaced Pages Continue
1184-512: Was closed and accounts were transferred to the existing PNC branch in the Hill District. In July 2010, PNC sold its Global Investment Servicing (GIS) subsidiary to The Bank of New York Mellon to repay funds from the Troubled Asset Relief Program , which had been used for the National City acquisition (see above) in 2008. GIS, established in 1973 and with 4,700 employees, was the second–largest full–service mutual fund transfer agent in
1221-514: Was expected to be the largest commercial development in the city's history Over the next year, the developers conducted due diligence while the city negotiated to purchase land for the development, with the process being extended from six months to over one year. Several companies including Thompson Hine LLP signed letters of intent to move into the building. Plans for the development were finished in early 2008 and submitted to developers. After lengthy discussions, Bear Creek Capital backed out of
1258-427: Was first announced in 2011. The LEED Platinum building, owned by PNC and designed by Gensler , won awards for its environmentally friendly features. In April 2017, the company acquired the U.S. equipment finance business of ECN Capital for $ 1.3 billion. In November 2017, the company acquired The Trout Group, an investor relations and strategic advisory firm servicing the healthcare industry . In 2018,
1295-806: Was one of 22 companies that violated disclosure requirements for municipal bonds by failing to divulge that the issuers had filed late financial reports. It was fined $ 500,000. Beginning in 2010, until it changed its policy in February 2015, PNC was the subject of protests by the Earth Quaker Action Team, led by George Lakey , and the Rainforest Action Network due to its funding of companies engaged in mountaintop removal mining in Appalachia . The protests included political demonstrations at branches and offices and
1332-717: Was sold in 2008. In 1998, PNC sold its credit card business to Metris (now HSBC Finance ) and MBNA . In 2000, the company adopted a new brand image and changed its name to PNC Financial Services Group. In 2001, PNC sold the original PNC Mortgage to Washington Mutual due to volatility in the market. In 2004, PNC acquired United National Bancorp based in Bridgewater, New Jersey , for $ 321 million in cash and 6.6 million shares of its common stock. In 2005, PNC acquired Riggs National Corporation of Washington, D. C. Riggs had been fined after aiding Chilean dictator Augusto Pinochet in money laundering . PNC became one of
1369-731: Was sued by Paul Bariteau, an investor in the Military Channel . Bariteau claimed PNC let the chairman of the Military Channel make unauthorized withdrawals of millions of dollars from the company's account for personal use. In June 2003, PNC Bank agreed to pay $ 115 million to settle federal securities fraud charges after one of its subsidiaries fraudulently transferred $ 762 million in bad loans and other venture capital investments to an AIG entity in order to conceal them from investors. In 2017, PNC agreed to pay $ 16 million to settle claims of overtime wages by loan officers under
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