Economic Development

Chamber Reverses Course, Backs Cleveland’s Amazon Bid

YOUNGSTOWN, Ohio — The Youngstown Warren Regional Chamber says it now supports Cleveland’s bid for Amazon’s second headquarters — a determination apparently made two weeks ago and a departure from its stance when it submitted a bid that included the Cafaro Co.’s offer of its Enterprise Park site and $20 million for site development. In a […]

How Will Driverless Cars Reshape the Economy?

PITTSBURGH — While self-parking cars have been around for a few years, autonomous cars that essentially drive themselves without human input were relegated to science fiction until fairly recently. One look at the news makes it clear that science fiction is not far from becoming fact. The timetable for working autonomous vehicles keeps shrinking as […]

Input Sought for New Warren Comprehensive Plan

WARREN, Ohio – As the city of Warren and Trumbull County Planning Commission work on updating the city’s comprehensive plan, the two organizations are welcoming input from residents, business owners and community stakeholders at meetings Nov. 1 and 21. Both meetings begin at 6 p.m. at the Warren City Council chambers, 141 South St. SE. […]

New Gas Power Plants Fuel $21B in Investment

By Jackie Stewart, Energy In Depth CANFIELD, Ohio — Independent power producers representing new natural gas plants in the works or recently constructed in Ohio, Pennsylvania, and West Virginia submitted a letter to the Federal Energy Regulatory Commission recently that states the projects will total $21 billion in private sector investment and create 21,000 jobs, […]

New Gas Power Plants to Generate $21B Investment

By Jackie Stewart CANFIELD, Ohio — Independent Power Producers representing new natural gas plants in the works or recently constructed in Ohio, Pennsylvania, and West Virginia submitted a letter to the Federal Energy Regulatory Commission recently that states the projects will total $21 billion in private sector investment and create 21,000 jobs, according to a […]

HUD OKs $4M Loan for Amphitheater Project

YOUNGSTOWN, Ohio – The U.S. Department of Housing and Urban Development has approved a $4 million loan guarantee toward the city’s Amphitheater and Riverfront Park project, now under development along the Mahoning River. The project is estimated to cost $9 million, and the city is in the process of securing opportunities for naming rights for […]

HUD Approves $4M Loan For Amphitheater Project

YOUNGSTOWN, Ohio – The U.S. Department of Housing and Urban Development has approved a $4 million loan guarantee toward the city’s Amphitheater and Riverfront Park project, now under development along the Mahoning River. The project is estimated to cost $9 million, and the city is in the process of securing opportunities for naming rights for […]

If the Numbers Are So Good, Why So Much Help?

YOUNGSTOWN, Ohio – The Stambaugh DoubleTree Hotel development under construction in downtown Youngstown – a project directed, co-owned and managed by indicted businessman Dominic Marchionda, CEO of NYO Property Group – could realize net operating income of more than $1.6 million during its first year in operation and as much as $2.35 million in its […]

Stambaugh Hotel About 60% Complete, WRPA Says

WARREN, Ohio – The director of economic development for the Western Reserve Port Authority says that a tour Monday of the Stambaugh DoubleTree hotel project in downtown Youngstown shows that work is progressing at a steady clip as the project nudges closer to its opening, sometime in the first quarter of 2018. “We walked through […]

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