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News

WRPA Approves Deal to Develop Warren Properties

WARREN, Ohio – Surplus city-owned property could be developed more quickly under an agreement between Warren and the Western Reserve Port Authority. The agreement, approved Wednesday by the port authority’s board of directors at its monthly meeting, will allow the city to transfer property it owns but no longer needs …

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Aqua breaks ground at new operations center in Struthers

STRUTHERS Bedecked in their blue shirts, Aqua Ohio officials broke ground on a new $2.5-million operations center in the CASTLO Industrial Park on Monday. “It’s really exciting for us,” said Jennifer Johnson, Struthers Aqua area manager. “It will make us more efficient.” The Struthers division of the local water company …

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Aqua Ohio, LRC Realty to break ground soon on area projects

YOUNGSTOWN Aqua Ohio will soon break ground on its new division headquarters at CASTLO Industrial Park in Struthers, and LRC Realty will break ground for The Enclave on Youngstown State University’s campus. Both projects were discussed at the Western Reserve Port Authority’s economic-development committee’s meeting Wednesday. Aqua Ohio has closed …

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Port Authority Provides Financing for Hotel Project

For years, the Stambaugh Building, once one of the crown jewels of downtown Youngstown, sat empty and deteriorating – a reminder of the business district’s glorious past and uncertain future. In 2012, developer Dominic Marchionda, CEO of Youngstown-based NYO Property Group, saw an opportunity to transform the neoclassical office building …

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EDM Introduces Inn at Poland Way to Port Authority

POLAND, Ohio – During a tour Wednesday morning of the new Inn at Poland Way, its executive director, Debbie Lepore, pointed to an unusual feature at the door of one of its 64 assisted living apartments – a doorbell. “None of our other [assisted living centers] have them,” she said. …

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Development Arm of Port Authority Defines Mission

YOUNGSTOWN, Ohio – Among the off-the-wall questions asked the Western Reserve Port Authority during its 25-year history is the location of its shipyard and where to park the boats, Anthony Trevena relates with some amusement. The port authority has neither a shipyard not boats. Never did. Until recently it had …

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Study shows impact of cleaning brownfields

WARREN – Cleaning up a brownfield site pays off when it comes to increasing property values and housing prices, according to a new study from the Western Reserve Port Authority. Greta Frost, a Youngstown State University student interning with the port authority, prepared the study, “Brownfield Impacts on Surrounding Property …

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Weebo takes flight

STRUTHERS It’s a bright and sunny morning in CASTLO Industrial Park when Weebo takes flight. The 3DR Solo Drone Quadcopter is quickly off the ground, buzzing about and taking pictures of the landscape for her team: the Western Reserve Port Authority’s Northeast Ohio Development and Finance Authority, or NEODFA. “You …

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Port authority research shows impact on property values when brownfields are cleaned

A study carried out by a Western Reserve Port Authority intern shows property values increased 18 percent in five years around former Mahoning County brownfield sites that were cleaned. And it shows property values adjacent to brownfield sites that had not been cleaned were 66 percent lower than properties one …

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Study reveals just how much abandoned sites affect property values

WARREN, Ohio (WKBN) – The Northeast Ohio Development and Finance Authority has released its findings regarding the impact abandoned industrial properties have on property values. At the Western Reserve Port Authority meeting Wednesday morning, a study conducted over the summer with the help of YSU honors student Greta Frost was discussed. It examined the …

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Port Authority OKs financing for senior site

WARREN – The Western Reserve Port Authority voted Wednesday to support the financial package being put together to build an 85-unit assisted-living and care facility that would bring 50-plus jobs to Howland. Dr. Michael Slyk and Timothy Chesney of 750 Howland LLC are planing to construct an 80,000-square-foot multistory building …

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Economic DevelopmentWRPA Makes Case for Brownfield Cleanup Funds

YOUNGSTOWN, Ohio — Officials of the Western Reserve Port Authority and its economic development division will use a newly completed study to plead for more resources to remediate brownfields in the region. The study, commissioned by the port authority using funds from a $600,000 U.S. Environmental Protection Agency grant, illustrates …

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