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Economic Development: City OKs Incentives for Hotel, Chill-Can Projects | April 27, 2017

City OKs Incentives for Hotel, Chill-Can Projects

YOUNGSTOWN, Ohio – The city’s Board of Control this morning approved a development agreement for the Stambaugh Building hotel project and purchased additional land on the East Side for the proposed chill-can project. The development agreement, with partnerships related to developer NYO Property Group, includes a 10-year, 75% enterprise zone property tax abatement and bridge […]

Economic Development: Study Estimates $2.6M Price Tag for Delphi Cleanup | April 20, 2017

Study Estimates $2.6M Price Tag for Delphi Cleanup

WARREN, Ohio – Rehabilitation of the site proposed for AutoParkit LLC’s headquarters and plant here could cost $2.6 million, an environmental review of the study found. The Western Reserve Port Authority paid Brownfield Restoration Group LLC, Akron, $200,000 for the environmental assessment of the former Delphi Packard Electric property on Dana Street. In October 2015, […]

Economic Development: YSU Gets $187K from Commission Trump’s Budget Would Cut | April 19, 2017

YSU Gets $187K from Commission Trump’s Budget Would Cut

YOUNGSTOWN, Ohio — A $187,000 federal grant is on its way to Youngstown State University from the Appalachian Regional Commission, U.S. Rep. Tim Ryan, D-13, announced today, which underscores why the economic development agency is vital to the region, he said. The commission is on the chopping block under President Trump’s proposed budget. The YSU […]

Economic Development: Lordstown Energy Project Sparks $1.09B Invested in Mahoning Valley | April 18, 2017

Lordstown Energy Project Sparks $1.09B Invested in Mahoning Valley

YOUNGSTOWN, Ohio – Boosted by the Lordstown Energy Center project, private companies invested more than $1 billion last year in the Mahoning Valley, according to data released Monday by the Youngstown Warren Regional Chamber. The data, compiled by the chamber and its economic development partners and published in the 2016 Economic Development Report Card, show […]