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News

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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Meet Weebo: Newest addition to Northeast Ohio Development and Finance Authority

WARREN – Don’t be alarmed if you’ve spotted a small, black object buzzing above you downtown near Courthouse Square. His name is Weebo and he is the newest addition to the Northeast Ohio Development and Finance Authority staff. Recently, Weebo spent some time hovering in Warren over the parking lot …

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Port Authority to get Larger Slice of Bed-tax Pie

WARREN – Trumbull County commissioners on Wednesday amended the allocation of the county’s 5 percent excise lodging tax, with an eye on helping the Western Reserve Port Authority transfer an old air cargo facility into a military readiness center that could help save the Youngstown Air Reserve Station in Vienna …

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Struthers ready to submit funding proposal for dam removal

The Mahoning River Corridor Mayors’ Association Met Friday To Discuss Area Revitalization Projects YOUNGSTOWN, Ohio (WKBN) – Talk continues on a project to dredge and remove the Struthers Dam. The Mahoning River Corridor Mayors’ Association got an update on the project Friday morning. They found out that the city of …

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Dave Nestic, TBEIC & Anthony Trevena, NEO Development and Finance Authority

Dave Nestic, TBEIC & Anthony Trevena, NEO Development and Finance Authority  

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Warren Incubator Moves Toward TBEIC 2.0

WARREN, Ohio – The chairman of the Tech Belt Energy Innovation Center’s board of directors says he would like to have a chief operating officer/general manager for the incubator in place by the first of the year. Funding that TBEIC has received from the Western Reserve Port Authority, FirstEnergy Corp. …

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Warren tech organization receives funding from Port Authority

The Western Reserve Port Authority gave $25,000 to the Tech Belt Energy Innovation Center WARREN, Ohio (WKBN) – A Warren tech organization is getting some extra money to help grow green energy and natural resource production. The Tech Belt Energy Innovation Center (TBEIC) received a $25,000 check Thursday from the …

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