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LRC Outlines Plans for Rt. 224 Sites, Shenango Mall

YOUNGSTOWN, Ohio – LRC Realty’s upcoming purchase of the Shenango Valley Mall represents just one aspect of the developer’s plans for the region.  Construction is underway on a new Starbucks on an outparcel of the property at U.S. Route 224 and South Avenue formerly occupied by a Kmart department store, LRC officials report. The company […]

YOUNGSTOWN, Ohio – LRC Realty’s upcoming purchase of the Shenango Valley Mall represents just one aspect of the developer’s plans for the region.  Construction is underway on a new Starbucks on an outparcel of the property at U.S. Route 224 and South Avenue formerly occupied by a Kmart department store,...

LRC Realty to Acquire Shenango Valley Mall

YOUNGSTOWN, Ohio — Shenango Valley leaders welcomed the announcement that LRC Realty in Akron will acquire the Shenango Valley Mall in Hermitage, Pa. LRC and Hermitage officials announced Wednesday that the developer plans to purchase and redevelop the struggling retail property. LRC developed The Enclave student housing project near Youngstown State University that opened last […]

YOUNGSTOWN, Ohio -- Shenango Valley leaders welcomed the announcement that LRC Realty in Akron will acquire the Shenango Valley Mall in Hermitage, Pa. LRC and Hermitage officials announced Wednesday that the developer plans to purchase and redevelop the struggling retail property. LRC developed The Enclave student housing project near Youngstown...

Auctions Tick Up for Luxury Homes and Acreage

YOUNGSTOWN, Ohio — An auction June 29 of a Tuscan-style, luxury home at 860 Sawgrass St. NE in Warren attracted six bidders from the region, as well as one from Italy. Jared Dutton, auctioneer with the Dutton Real Estate Group, North Canton, declined to give the exact sale price, but the suggested opening bid for […]

YOUNGSTOWN, Ohio -- An auction June 29 of a Tuscan-style, luxury home at 860 Sawgrass St. NE in Warren attracted six bidders from the region, as well as one from Italy. Jared Dutton, auctioneer with the Dutton Real Estate Group, North Canton, declined to give the exact sale price, but...

VA Picks Belmont Site for New Outpatient Clinic

YOUNGSTOWN, Ohio – Susan Krawchyk said a new outpatient clinic to serve area veterans is long overdue and she is eager to see what the new one will look like.  Krawchyk, executive director of the Mahoning County Veterans Service Administration, reacted with anticipation to the announcement Monday that U.S. Department of Veterans Affairs had selected […]

YOUNGSTOWN, Ohio – Susan Krawchyk said a new outpatient clinic to serve area veterans is long overdue and she is eager to see what the new one will look like.  Krawchyk, executive director of the Mahoning County Veterans Service Administration, reacted with anticipation to the announcement Monday that U.S. Department...

NYO Property Group Lists Flats, Erie Terminal for Sale

YOUNGSTOWN, Ohio – NYO Property Group has listed two of its properties – The Flats at Wick and Erie Terminal Place – for sale through Platz Realty. The Flats, 139 W. Madison Ave., is listed for $8.5 million. The student apartment building near the campus of Youngstown State University is nearly 54,000 square feet and includes 49 […]

YOUNGSTOWN, Ohio – NYO Property Group has listed two of its properties – The Flats at Wick and Erie Terminal Place – for sale through Platz Realty. The Flats, 139 W. Madison Ave., is listed for $8.5 million. The student apartment building near the campus of Youngstown State University is nearly 54,000...

Southern Park Owner Signs Letter of Intent with Fitness Center

YOUNGSTOWN, Ohio – A national fitness center operator has finalized a letter of intent with Washington Prime Group for space at Southern Park Mall in Boardman, a spokeswoman for the mall developer confirmed.  Additional details about the potential tenant will be released if and when a lease is finalized, said Kimberly Green, vice president, investor […]

YOUNGSTOWN, Ohio – A national fitness center operator has finalized a letter of intent with Washington Prime Group for space at Southern Park Mall in Boardman, a spokeswoman for the mall developer confirmed.  Additional details about the potential tenant will be released if and when a lease is finalized, said...

City OKs Land Sale, Paving Way for Rescue Mission

YOUNGSTOWN, Ohio – The city Board of Control today approved the sale of 27 vacant land parcels along Martin Luther King Jr. Blvd. for $6,480 to the Rescue Mission of the Mahoning Valley, which intends to construct a $4.9 million facility on the site. Initially, the plan was to construct the new building on the […]

YOUNGSTOWN, Ohio – The city Board of Control today approved the sale of 27 vacant land parcels along Martin Luther King Jr. Blvd. for $6,480 to the Rescue Mission of the Mahoning Valley, which intends to construct a $4.9 million facility on the site. Initially, the plan was to construct...

Columbiana Sees Early Success with CRA

COLUMBIANA, Ohio — Legislation passed last year is driving more individuals and businesses to build in Columbiana, and city officials say it’s likely to stay that way for the foreseeable future. With a unanimous vote in September 2018, City Council adopted the Community Reinvestment Area legislation, which provides a 100%, real property tax abatement for […]

COLUMBIANA, Ohio -- Legislation passed last year is driving more individuals and businesses to build in Columbiana, and city officials say it’s likely to stay that way for the foreseeable future. With a unanimous vote in September 2018, City Council adopted the Community Reinvestment Area legislation, which provides a 100%,...

Legal Arts Building Under Purchase Contract

YOUNGSTOWN, Ohio – Developer Dominic Marchionda says a sale of the Legal Arts Centre building at 101 Market St. downtown should be completed within the next 60 days. Marchionda, managing partner of NYO Property Group, said the building is under contract with a group headed by developer James Sabatine Jr., owner of Trilogy Realty & […]

YOUNGSTOWN, Ohio – Developer Dominic Marchionda says a sale of the Legal Arts Centre building at 101 Market St. downtown should be completed within the next 60 days. Marchionda, managing partner of NYO Property Group, said the building is under contract with a group headed by developer James Sabatine Jr.,...

Meijer Pays $4M for 38 Acres Off Route 224

BOARDMAN, Ohio — Meijer Stores Ltd. took the next step toward building a store here with the purchase of nearly 39 acres of land off of U.S. Route 224. According to the Mahoning County Auditor, the sale closed Friday for $2.4 million, transferring ownership of the property from Mercy Health Youngstown to Carnegie Management and […]

BOARDMAN, Ohio -- Meijer Stores Ltd. took the next step toward building a store here with the purchase of nearly 39 acres of land off of U.S. Route 224. According to the Mahoning County Auditor, the sale closed Friday for $2.4 million, transferring ownership of the property from Mercy Health...