Economic Development

City Funds Improvements, Demolition Along South Ave.

YOUNGSTOWN, Ohio – The Board of Control approved funds for two South Avenue projects Thursday: a façade renovation and the demolition of a long-blighted property along the corridor, the former Krakusy Hall. The façade renovation agreement for Ursuline Center’s Merici Housing will provide a grant of up to $6,070 for work at 3314 South Ave., […]

YNDC Gets $420K Grant for Revitalize Program

YOUNGSTOWN, Ohio – A federal grant will allow Youngstown Neighborhood Development Corp. to rehabilitate more houses and hire more people to do the work, the organization’s executive director says. U.S. Rep. Tim Ryan announced the $420,000 grant to YNDC Wednesday. YNDC applied for the grant, from U.S. Department of Health and Human Services Community Economic […]

$1.32B in Development Projects Pending in Valley

YOUNGSTOWN, Ohio – Economic development projects pending in the Mahoning Valley total $1.32 billion, reports the Youngstown Warren Regional Chamber in a newly published update to members. If completed, these projects would result in 631 news jobs, new annual payroll of $17.2 million and the retention of 1,926 jobs. The update, published in a newsletter […]

Shovels Turn for $7.8M Student Housing Complex

YOUNGSTOWN, Ohio – For many years, students at Youngstown State University have said the campus lacks the vibe of other schools in more traditional college towns. A major reason was the lack of on-campus student housing, even with the addition of the University Courtyard apartments in 2003 and The Flats at Wick in 2010. And […]

Entrepreneurship 101 and More at Youngstown State

YOUNGSTOWN, Ohio — One of Rich Wetzel’s first business ideas was to create an online shopping platform similar to Groupon and LivingSocial. He took it and his business plan to Jim Cossler, CEO of the Youngstown Business Incubator. “Jim Cossler shot me down,” he says, stifling a laugh. “It was a reality check, a learning […]

Port Authority Approves Contract with Trevena

VIENNA TOWNSHP, Ohio – The Western Reserve Port Authority’s newly hired director of economic development wants to see greater marketing of the economic tools the port authority has to offer, he said. The Port Authority’s board of directors approved a 3-year contract Wednesday with Anthony Trevena for the post. Trevena, a former chief of staff […]

Women Entrepreneurs Find Mentors in YBI Program

YOUNGSTOWN, Ohio – Dr. Margee O’Donnell-Foust, founder of Bark Mobile Pet Vet LLC, still has customers who are surprised when a female veterinarian shows up for their pet’s appointment. “When I first started answering the phone, people assumed I was the veterinarian’s wife,” she recalls. O’Donnell-Foust, a veterinarian the past six years, was very comfortable […]

YSU Center Presents Economic Development Plan

YOUNGSTOWN, Ohio – After two years of research, drafting and developing an economic development plan for the city, the Center for Urban and Regional Studies at Youngstown State University Tuesday presented its plan to city officials and stakeholders. The 465-page Citywide Economic Development Strategic Plan outlines areas that have space for development, an analysis of […]

CCPA Chairman Gives Board’s Side of Drake’s Leaving

EAST LIVERPOOL, Ohio – The presence of the man who wasn’t there hung over the monthly meeting of the Columbiana County Port Authority Monday night. That man, Tracy Drake, who has been executive director and CEO of the port authority 22 years, was on vacation and not due to return until today, Diane Ksiazek, manager […]

Columbiana Commissioners Wanted to Cut Drake’s Salary in Half

EAST LIVERPOOL — The board of the Columbiana County Port Authority and the county commissioners who appoint its five members think Tracy Drake, CEO of the port authority 22 years who is leaving Sept. 30, was paid far too much. Drake earned $200,000 a year, receives a car allowance and has another $11,000 in deferred […]


Subscribe to RSS - Economic Development