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Economic Development: June Start Date for $13M ‘Enclave’ Housing Project | May 18, 2017

June Start Date for $13M ‘Enclave’ Housing Project

YOUNGSTOWN, Ohio – Construction of a $13 million student housing project to serve Youngstown State University should get underway in mid-to late June, a representative of the developer said Wednesday. The Western Reserve Port Authority Board of Directors heard an update on the Enclave, being developed by LRC Realty, Akron. During their meeting, directors also […]

Economic Development: Port Authority to Manage Mahoning County CIC | May 12, 2017

Port Authority to Manage Mahoning County CIC

YOUNGSTOWN, Ohio – The Western Reserve Port Authority will take over management of the Community Improvement Corporation of Mahoning County next month. The CIC board approved a memorandum of understanding with the port authority during its meeting Thursday morning. It also approved a letter terminating its agreement with the Youngstown Warren Regional Chamber, which now […]

Economic Development: With $10M in Backing, Group Vies for Marijuana Site | May 9, 2017

With $10M in Backing, Group Vies for Marijuana Site

CANFIELD, Ohio — A company backed by $10 million from three out-of-town private equity investors is vying for an opportunity to produce and process medical marijuana in Youngstown, its principals say. “Youngstown made the most sense,” said Sanjay Bawan, senior adviser with Mahoning Valley Agricultural LLC. “It’s an opportunity to bring jobs and give back […]

Economic Development: Home Builders Index Shows Permits Still Lagging | May 8, 2017

Home Builders Index Shows Permits Still Lagging

WASHINGTON — Based on current price, permit and employment data, markets nationwide are running at an average of 100% normal economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index released May 4. However, individual components of the index are at different stages of recovery. While employment has reached […]

Economic Development: $10M in Upgrades Slated for Trumbull’s Golden Triangle | May 5, 2017

$10M in Upgrades Slated for Trumbull’s Golden Triangle

WARREN, Ohio – The industrial sector situated mostly in Howland Township and known as the “Golden Triangle” is poised for much needed infrastructure improvements that officials say are critical to expanding manufacturing interests there. About $10 million in infrastructure projects have been identified for the northwestern part of the township and northeastern section of the […]