Local News

Wednesday, June 25, 2014

CANFIELD, Ohio -- Light instrumental music wafts through this newly listed house on Montereale Drive, the setting for an open house June 11 to showcase the upscale property for real estate agents. The spacious, 5,444-square-foot contemporary house, built in 2000, has six bedrooms, 14-foot ceilings, a custom kitchen, a finished basement with media room and exercise room, a full-house stereo system and a three-car heated garage. It’s been shown seven times since Celeste Kasten listed it three weeks ago, she says. “I’ve had quite a few agents come back for a second...

Wednesday, June 25, 2014

YOUNGSTOWN, Ohio -- Tod Homestead Cemetery is constructing a new columbarium memorial garden, a $700,000 investment to accommodate the growing practice of cremation.  The two-acre feature is designed as a “place for repose and reflection,” states an announcement from the cemetery’s governing body. It will include a fountain, landscaping, walkways and 10 low-profile structures with a total of 960 spaces for cremation remains. Completion is scheduled for this fall. “We are very pleased to be in a position to make this important investment,” said Sallie Tod Dutton,...

Wednesday, June 25, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- By late October, the company that operates the Northeast Ohio Correctional Center on the East Side should learn whether the federal government intends to renew a make-or-break contract it holds with the lockup, or shift the bulk of its prison population elsewhere. The latter decision would result in the layoff of nearly all of the 400 employees who work there, say officials from Corrections Corporation of America Inc., who were in town Tuesday soliciting support for the prison (CLICK HERE) and...

Wednesday, June 25, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- NYO Property Group LLC anticipates opening its new downtown hotel by summer or fall 2016, following a 16-month “extensive renovation” beginning in the first half of 2015, a company spokesman says. Reached via email Tuesday, Dominic C. Marchionda, NYO’s director of operations and strategic planning, said his company is “close to a decision and aims to make a final selection to partner with an experienced operator” by Aug. 1. The Business Journal first reported in March 2013 on NYO’s plans to...

Wednesday, June 25, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- The New Castle School of Trades anticipates opening a new East Liverpool branch next year, even though much work remains to be completed before the project can go forward. “That’s an aggressive timeline but 2015 is still doable,” predicted Rex Spaulding, president of the New Castle, Pa., trade school. Plans to renovate the former Ogilvie Department and 5 and 10 store buildings into classroom space for NCST got a boost yesterday with the award of a $1.13 million Ohio Historic Preservation Tax...

Wednesday, June 25, 2014

YOUNGSTOWN, Ohio -- The Cafaro Foundation announced Tuesday that it is awarding a $100,000 grant to the Youngstown-Warren Regional Chamber of Commerce Foundation to bolster the chamber’s economic development efforts in Trumbull County. In making its announcement, the foundation said, "The Regional Chamber already has an impressive record of success in Trumbull County. Since 1991, its development professionals have made 7,137 visits to retain and expand businesses. They have completed 259 projects, resulting in $2,560,423,487 in business investment and 9,965 new jobs...

Wednesday, June 25, 2014

Author:  Josh Medore WARREN, Ohio -- The Trumbull Neighborhood Partnership hosted two events downtown Tuesday, both focusing on making the community more environmentally friendly. Starting off the afternoon was the Greater Warren Safe, Clean & Green Expo, where 10 exhibitors, including the Mosquito Lake Greenway Project and Valley Energy Solutions, a solar panel installation company based in Salem, participated in panel discussions. The first discussion, “Housing & Neighborhood Scale Energy & Landscape Appeal,” featured...

Wednesday, June 25, 2014

PITTSBURGH -- PNC Financial Services Group Inc. is celebrating the topping off of its new global headquarters, The Tower at PNC Plaza. The final steel beam was placed atop the structure during a ceremony Tuesday. The 33-story tower with 800,000 square feet is on the southeastern corner of Fifth Avenue and Wood Street and will house some 2,200 employees upon its opening in the fall of 2015. The building will help accommodate PNC's growth and support further business development in the downtown. "The tower's construction is a reflection of PNC's commitment to...

Wednesday, June 25, 2014

NEW YORK -- The Conference Board Consumer Confidence Index, which had increased in May, now stands at its highest level since January 2008. The index as of June 13 is 85.2, up from 82.2 in May. The present aituation index rose to 85.1 from 80.3, while the expectations index went to 85.2 from 83.5 in May.  Both are components of the Consumer Confidence Index. "Consumer confidence continues to advance and the index is now at its highest level since January 2008, 87.3," said Lynn Franco, director of economic indicators, in a prepared statement. "June's increase was...

Tuesday, June 24, 2014

YOUNGSTOWN, Ohio – Projects to redevelop downtown’s historic Stambaugh Building as a hotel and to convert the Ogilvie block in East Liverpool for use by the New Castle School of Trades are among initiatives in 13 communities receiving support this morning with the award of $37.7 million in tax credits. Ohio Historic Preservation Tax Credits, awarded by the Ohio Development Services Agency, will assist private developers in rehabilitating 35 historic buildings in downtowns and neighborhoods across Ohio, the agency announced. The projects are expected to leverage...

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