It was developed at a time when Dayton's population was moving from the center of the city outward, north of the Miami River. Grafton Hill was enlarged and enriched in 1875 when John Stoddard, a wealthy and prominent farm implement manufacturer, developed the exclusive Belmonte Park residential area.
It occurred during a time when Dayton's residents were relocating from the city center to the northern suburbs, north of the Miami River. Grafton Hill was improved in 1875 with the development of the upscale Belmonte Park residential area by John Stoddard, a wealthy and influential farm equipment manufacturer.