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Economic Development: Exterran Subject to ‘Clawback’ on $300K Grant | December 13, 2016

Exterran Subject to ‘Clawback’ on $300K Grant

YOUNGSTOWN, Ohio – The Ohio attorney general’s review of companies receiving state incentives during 2015 found nearly 85% “substantially complied” with their agreements, but those that did not may have to reimburse the state. Just one Mahoning Valley company – Exterran Energy Solutions Inc., a victim of the downturn in the oil and gas market […]

Economic Development: ‘Last Piece of Puzzle’ for $30M Hotel Project | December 8, 2016

‘Last Piece of Puzzle’ for $30M Hotel Project

YOUNGSTOWN, Ohio – Financing will close within 12 days for the proposed DoubleTree by Hilton hotel, following City Council’s approval of $2.75 million in loans for the project, developer Dominic Marchionda said. At last night’s meeting, council approved a $2.05 million bridge loan and a $700,000 term loan for the project, which will involve converting […]

Economic Development: Identifying Amphitheater Funding on Council Agenda | December 6, 2016

Identifying Amphitheater Funding on Council Agenda

YOUNGSTOWN, Ohio – City Council will consider legislation Wednesday that would advance the proposed amphitheater and riverfront park project near downtown. Before council will be one ordinance authorizing the city’s finance director to establish an “amphitheater park fund” of up to $12 million for the project and another to purchase 1.2 acres of land from […]

Economic Development: CIC Board Discusses Real Estate in Closed Session | November 30, 2016

CIC Board Discusses Real Estate in Closed Session

YOUNGSTOWN, Ohio – The board of the Youngstown Central Area Community Improvement Corp. spent some 40 minutes in executive session discussing downtown real estate Tuesday before returning to open session to devote 12 minutes to reviewing routine business. Under the Ohio “Sunshine Act,” public and quasi-public boards are allowed to meet privately to discuss the […]

Economic Development: 2017 CityScape Discount Cards Go on Sale | November 28, 2016

2017 CityScape Discount Cards Go on Sale

YOUNGSTOWN, Ohio – Youngstown CityScape is selling its 2017 Youngstown Discount Card for $10, which supports CityScape beautification efforts downtown and throughout the city. The majority of the 19 merchants who honor the card offer a discount on purchases, usually 10%, or a buy-one-get-one-free inducement. Eighteen restaurants and museums plus a car wash are participating. […]