Economic Development

‘Last Piece of Puzzle’ for $30M Hotel Project

YOUNGSTOWN, Ohio – Financing will close within 12 days for the proposed DoubleTree by Hilton hotel, following City Council’s approval of $2.75 million in loans for the project, developer Dominic Marchionda said. At last night’s meeting, council approved a $2.05 million bridge loan and a $700,000 term loan for the project, which will involve converting […]

Council OKs Establishing Fund for Amphitheater

YOUNGSTOWN, Ohio – City Council last night approved establishing a $12 million fund for development of a downtown amphitheater and riverfront park. The city intends to spend up to $9 million on the project, finance director David Bozanich told the finance committee meeting before last night’s council meeting. To be built on the former Wean […]

Identifying Amphitheater Funding on Council Agenda

YOUNGSTOWN, Ohio – City Council will consider legislation Wednesday that would advance the proposed amphitheater and riverfront park project near downtown. Before council will be one ordinance authorizing the city’s finance director to establish an “amphitheater park fund” of up to $12 million for the project and another to purchase 1.2 acres of land from […]

City Won’t Seek 100% Tax Break for Hotel Project

YOUNGSTOWN, Ohio – Youngstown will not seek approval from the Youngstown Board of Education to provide a 100% tax abatement for 15 years to the developers of a new hotel downtown, city officials confirmed Monday. Instead, the city will offer a 10-year, 75% tax abatement to Youngstown Stambaugh Hotel LLC, which is converting the Stambaugh […]

Wick Park Project Advances with City’s Help

YOUNGSTOWN, Ohio — The city Board of Control has approved entering into a memorandum of understanding with Youngstown CityScape and the Youngstown Rotary Foundation for the second of five $20,000 installments it is making toward modernizing the pavilion in Wick Park on the North Side. The board – Mayor John McNally, Finance Director David Bozanich […]

CIC Board Discusses Real Estate in Closed Session

YOUNGSTOWN, Ohio – The board of the Youngstown Central Area Community Improvement Corp. spent some 40 minutes in executive session discussing downtown real estate Tuesday before returning to open session to devote 12 minutes to reviewing routine business. Under the Ohio “Sunshine Act,” public and quasi-public boards are allowed to meet privately to discuss the […]

2017 CityScape Discount Cards Go on Sale

YOUNGSTOWN, Ohio – Youngstown CityScape is selling its 2017 Youngstown Discount Card for $10, which supports CityScape beautification efforts downtown and throughout the city. The majority of the 19 merchants who honor the card offer a discount on purchases, usually 10%, or a buy-one-get-one-free inducement. Eighteen restaurants and museums plus a car wash are participating. […]

2017 CityScape Discount Cards Go on Sale Saturday

YOUNGSTOWN, Ohio – Youngstown CityScape is selling its 2017 Youngstown Discount Card for $10, which supports CityScape beautification efforts downtown and throughout the city. The majority of the 19 merchants who honor the card offer a discount on purchases, usually 10%, or a buy-one-get-one-free inducement. Eighteen restaurants and museums plus a car wash are participating. […]

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