Economic Development

Wick Tower Project Gets Federal Tax Credit

YOUNGSTOWN, Ohio – The Wick Building renovation project was awarded a federal tax credit for qualified rehabilitation expenses, U.S. Rep. Tim Ryan, D-13 Ohio, announced Wednesday. NYO Property Group, Youngstown, redeveloped the downtown building, which was constructed in 1906 by Youngstown Sheet and Tube founder George Dennick Wick. It reopened last fall as the Wick […]

Former Grocery Store Could Become Health Clinic

YOUNGSTOWN, Ohio – Youngstown officials are in discussions with One Health Ohio to open an community health center in the former Bottom Dollar Food building, a city official confirmed Wednesday afternoon. One Health Ohio operates clinics targeting low-income individuals and families, including on the North Side and in Warren, Newton Falls and Alliance. Sharon Woodberry, […]

Port Authority OKs Bond Financing for Hotel Project

VIENNA TOWNSHIP, Ohio – The Western Reserve Port Authority voted to move forward Wednesday with assisting NYO Property Group’s redevelopment of the Stambaugh Building in downtown Youngstown as a hotel. The port authority’s board of directors voted to enter into a capital lease structure with the developer and to issue property-assessed clean energy – or […]

‘Health-Care’ Firm Eyes Former Grocery Store

YOUNGSTOWN, Ohio – City officials are in discussions with a health-care company for the former Bottom Dollar Food building on Glenwood Avenue, the city’s economic development director said. The city received the title last year to the 18,000-square-foot former grocery store, which opened in February 2012 and closed in late 2014. The city solicited proposals […]

New Chief Wants Fresh Look at CCPA Operations

EAST LIVERPOOL, Ohio – Since she became executive director of the Columbiana County Port Authority last month, Penny J. Traina has been a blend of energy, organization and documentation. She has sent out 198 letters to elected officials, civic, business and professional organizations, law firms, banks, schools and hospitals, calling on at least 60 of […]

TNP Announces Spring Workshops

WARREN, Ohio – Spring classes as part of Trumbull Neighborhood Partnership’s Garden Resources of Warren program will begin April 25 with the GROWing Healthy Workshop, a four-week series covering “eating healthy for a healthy immune system, healthy cooking and fermented foods.” The workshop will continue May 2, 9 and 16. All classes run from 1 […]

‘Lost Youngstown’ Finds City’s Role in Urban History

YOUNGSTOWN, Ohio – When he was a teenager, Sean Posey’s father took him on a field trip that he could never forget. This wasn’t your ordinary day excursion to a museum or historic battlefield. This was a trip devoted to exploring the industrial ruins of Youngstown’s storied past – the massive carcasses of steel mills […]

New-Business Filings Set Yet Another Record

COLUMBUS, Ohio – In March, 10,478 entities filed to do business in Ohio, a record, Secretary of State Jon Husted announced today. The old record was 10,102 in March 2015. Business filings in Ohio continue their increase this year, Husted said, “and 2016 is on track to be another record-setting year,” with nearly 3,000 more […]

YBI Sees Venture Capital Fund as Game-Changer

YOUNGSTOWN, Ohio — A new local venture capital fund targeting technology-based startups should be able to start making awards in three to four months. Yesterday the Ohio Third Frontier Commission announced it hasawarded $3 million to Valley Growth Ventures LLC. The investment fund is a partnership of the Youngstown Business Incubator, the Tech Belt Energy […]

Valley Growth Ventures Fund Gets $3M from State

YOUNGSTOWN, Ohio – The Ohio Third Frontier Commission today awarded $3 million to Valley Growth Ventures LLC, a venture capital fund that is a partnership between the Youngstown Business Incubator, the Tech Belt Energy Innovation Center in Warren, the Mahoning Valley Economic Develop Corp. and Youngstown State University. The funding comes from a total of […]

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