YOUNGSTOWN, Ohio -- Passing the downtown structure that until recently housed the Edison Financial Credit Union on his way to church, Al Franceschelli always found it was unusual looking.
In a few months, that “oddball building,” as he describes it -- at 45 South Ave., east of the U.S. Postal Service’s main Youngstown office downtown -- will become the new home for Francheschelli’s A&C Southway Beverage. He is relocating the store from 2733 South Ave. and expanding the operation.
YOUNGSTOWN, Ohio -- As the Nov. 21 deadline to exercise historic-tax credits approaches, Strollo Architects seems certain to secure the funding it needs to take possession of the Wells Building, 201-205 W. Federal St., renovate the four-story structure and move in next summer.
The vacant structure, with a terra cotta façade built in the Classical Revival style, will turn 100 next year. It is listed in the National Registry of Historic Places.
YOUNGSTOWN, Ohio -- No better sign of the resurgent commercial real estate market in downtown Youngstown is the recent news that veteran Mahoning Valley restaurant operator George Guarnieri would be taking over the top floor of the Commerce Building.
Guarnieri, who operated Belleria Pizzeria on Youngstown-Poland Road until selling it earlier this year, plans to open a casual upscale restaurant in early 2015. The restaurant -- named, appropriately enough, “The Fifth Floor” -- will occupy the former upper level of the Youngstown Club, which closed nearly two years ago.
CLEVELAND -- Regional economic development activities in northeastern Ohio contributed to 16 successful business attraction and expansion projects during the third quarter, Team NEO reported this morning.
The 16 projects cited in the third-quarter Regional Economic Development Report included Matalco Inc.’s groundbreaking in Lordstown last month, resulting in the creation of 60 jobs for a payroll of $4 million and capital investment of $85.7 million.
COLUMBUS, Ohio -- William Cann, Trumbull County manager of business development for the Youngstown Warren Regional Chamber, was voted in as an Ohio Economic Development Association board member and area director for the Northeast Region for 2015.
Cann, of Austintown, has been with the Regional Chamber since 2012. He earned his bachelor’s degree and master’s in business administration from Youngstown State University. He will replace Sarah Boyarko, vice president of economic development, North America, for the Regional chamber. Her term expires in December.
- Team NEO Reports Assisting 16 Projects in 3rd Quarter - October 29, 2014
- Chamber’s Cann Joins State Development Association - October 29, 2014
- Youngstown Food Growers Go for the Green - October 28, 2014
- Covelli Centre Reports 3Q Loss; Still Ahead of Last Year - October 27, 2014
- Brown Pushes Funding for America Makes, More Hubs - October 27, 2014
- Small-Business Optimism at Pre-Recession Levels - October 27, 2014
- Kent Business College Partnership to Promote Exports - October 27, 2014
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