Economic Development

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 […]

Hotel Incentives on Board of Control Agenda

YOUNGSTOWN, Ohio – The city’s Board of Control today will consider incentives to grant NYO Property Group, the developer of the Stambaugh Building hotel under construction. The incentives, as outlined on the board’s agenda for this morning’s meeting, include a 10-year, 75% abatement of real property taxes; a term loan of up to $700,000 for […]

Valley Cities Top Ohio Jobless Rates in March

YOUNGSTOWN, Ohio – The two largest cities in the Mahoning Valley posted the highest unemployment rates among Ohio’s major cities in March as rates in both rose half a percentage point or more from February. Trumbull and Mahoning counties also landed in the top five among Ohio’s 88 counties for the month, according to data […]

Columbiana Port Authority Renews Contract with Traina

EAST LIVERPOOL, Ohio — The Columbiana County Port Authority renewed the employment contract of its CEO, Penny Traina, for another year Monday night. The contract provides an annual salary of $95,000 plus an additional five days of vacation, taking her vacation time to four weeks a year. “I am very happy with Penny’s efforts in […]

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