Economic Development

Lowellville Awarded $300K for Downtown Upgrades

LOWELLVILLE, Ohio – With the award of a $300,000 grant from the Ohio Development Services Agency, downtown Lowellville will undergo several revitalization projects beginning in June. Work will be done on 15 buildings, including new roofing, flooring and electrical systems. Also included in the budget are new sidewalks and curbing, the creation of a parking […]

View the New Lincoln Avenue (Beneath the Snow)

YOUNGSTOWN, Ohio – There wasn’t much to see at the ribbon cutting Thursday that celebrated the near-completion of the Lincoln Avenue renovation project. The snow Wednesday night that continued into the bitterly cold morning made sure of it. But underneath the thin layer of white that covered all of the Youngstown State University campus, work […]

TNP, TCTC Students Join to Rehab Houses

WARREN, Ohio – As part of a new program, Trumbull Neighborhood Partnership has teamed up with the Trumbull Career and Technical Center and the Trumbull County Land Bank to renovate homes in Warren. Last month, students in the technical center’s adult building maintenance and construction trades program completed a full renovation of a house on Orlo […]

Signatures Ink Complex Financing for Downtown Hotel

WARREN, Ohio – Anthony Trevena was expecting several people to have writer’s cramp yesterday. That’s because multiple documents needed to be signed to finalize the deal for the proposed DoubleTree by Hilton hotel in downtown Youngstown, Trevena said. Trevena is director of the Northeast Ohio Development and Finance Authority, the economic development arm of the […]

Broadband Initiative Wins ‘Connect Ohio’ Award

YOUNGSTOWN, Ohio – A roadmap to provide free broadband access throughout Mahoning County could be complete as early as May, Sarah Lown said Wednesday. Two weeks ago, Lown, who is public finance director for the Northeast Ohio Development and Finance Authority, and Pat Kerrigan, executive director of the Oak Hill Collaborative, were informed that their […]

Energy Infrastructure Is Vital but How to Pay for it?

WARREN, Ohio – The need to build and improve the nation’s energy infrastructure is a nonpartisan issue with widespread support but exactly how those investments should be funded is a political question still to be resolved. That was the consensus Tuesday during a panel discussion, Fueling America’s Future: Accelerating Energy and Transportation Infrastructure, hosted by […]

Wean Foundation Awards $900,152 in Grants

WARREN, Ohio — The Raymond John Wean Foundation awarded grants totaling $900,152 at its December board meeting, making this the foundation’s largest grant-making quarter of the year. The work represented by the five grantees represents community revitalization, access to educational opportunities and the creation of economic opportunity in the Mahoning Valley, said Jennifer Roller, president […]

Exterran Subject to ‘Clawback’ on $300K Grant

YOUNGSTOWN, Ohio – The Ohio attorney general’s review of companies receiving state incentives during 2015 found nearly 85% “substantially complied” with their agreements, but those that did not may have to reimburse the state. Just one Mahoning Valley company – Exterran Energy Solutions Inc., a victim of the downturn in the oil and gas market […]

‘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 […]

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