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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 on approximately 6.5 acres of land and adjoining properties on the west side of Niles Cortland Road near the state Route 82 bypass.

According to Anthony Trevena, director of the Port Authority’s economic development division, this action is a preliminary move to begin financing for the $12 million project. Eventually, the Port Authority will pass legislation to issue bonds for the facility.

Trevena said similar financial arrangements have been made with the Port Authority to build the racino in Austintown, providing $60 million in capital lease financing used for stables, the race track, parking lots and other buildings.

“This project will be successful because it is in a great location,” said Port Authority executive director John Moliterno, who noted its proximity to the Eastwood Mall complex and other medical and commercial services.

Township officials in December allowed the developer to exceed size-limit zoning regulations to vary the placement of the building on the property line. The 3-2 vote met some disapproval of neighboring residents of Laurelwood Drive, who were concerned about potential flooding.

One resident, Warner Taiclet, was upset that township officials were not holding the developer to the same standards of zoning law.

“Our fear is that the rule makers are breaking their own rules,” Taiclet had said after the variance was approved.

Dr. Slyk said he did not want to comment at this time about the project.

(Published August 18, 2016 by Guy Vogrin, Tribune Chronicle)