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Economic Development: Population Projections Worse Here than Peer Metros | May 4, 2017

Population Projections Worse Here than Peer Metros

YOUNGSTOWN, Ohio – The metropolitan area that includes the Mahoning Valley is projected to lose 8% of its population by 2030, the worst performance among a dozen peer metros, a newly released report shows. “Indicators of Economic Competitiveness: Mahoning Valley Peer Group Report,” identifies metropolitan statistical areas comparable to the Youngstown-Warren-Boardman MSA based on characteristics […]

Economic Development: Chamber, Niles Join to Redevelop Properties | May 2, 2017

Chamber, Niles Join to Redevelop Properties

YOUNGSTOWN, Ohio – The Youngstown Warren Regional Chamber and the city of Niles have launched a property redevelopment program that uses a study recently completed by Youngstown State University, the chamber announced Monday. The study, led by volunteers from the Avenue & Main community group and the YSU Regional Economic Development Initiative, identified abandoned and […]

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 […]