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  2. Youngstown, OH 44503
  3. 234.228.9696

News

WRPA Uses Its Tools to Build Business in Region

YOUNGSTOWN, Ohio – Ian Beniston foresees several possibilities for the building on Glenwood Avenue that not so long ago served as the distribution center of Rescue Mission of the Mahoning Valley. The front of the building could house a storefront to serve the neighborhood, such as retail, says the executive …

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Racino Is “Poster Child” for TIF Usage Elsewhere

YOUNGSTOWN, Ohio – Penn National Gaming Inc.’s racino in Austintown is “the poster child” for how tax increment financing can benefit a community, a local development official says, but the township school’s superintendent would like the district to get a piece of the action under future agreements. The TIF implemented …

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State Budget Bill Includes $30M for Valley Projects

COLUMBUS, Ohio – The state’s biennial capital budget bill includes $30 million for projects in the Mahoning Valley, local lawmakers announced Wednesday. The bill, House Bill 529, allocated a total of $2.6 billion, including $600 million for schools, $480 million for universities, $350 million for infrastructure projects and $147 million …

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Port Authority buys property to assist YNDC

YOUNGSTOWN — The Western Reserve Port Authority will move to purchase a property on Glenwood Avenue on the south side of Youngstown to assist the Youngstown Neighborhood Development Corporation in its economic development efforts. “We hope to use it to attract business to the neighborhood,” said Ian Beniston, executive director of …

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Port authority helping YNDC acquire building on Glenwood Avenue

VIENNA The Western Reserve Port Authority on Wednesday authorized a first agreement to help the Youngstown Neighborhood Development Corp. acquire and renovate a building to promote redevelopment of the Glenwood Avenue neighborhood in Youngstown. The authority agreed to buy a former Rescue Mission of the Mahoning Valley warehouse and office …

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WRPA Brings $52 Million In Investment to Region

New development projects, property management prospects and management opportunities made for an active 2017 for the Western Reserve Port Authority, a trend that is likely to accelerate in 2018. The year brought three major developments, three property management prospects, two management projects and many new partnerships. Additionally, the agency’s development …

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County CIC Considers Small Business Loan Fund

YOUNGSTOWN, Ohio – The Mahoning County Community Improvement Corp. plans to establish a loan fund for small businesses in unincorporated areas in Mahoning County. Officials with the agency said Thursday they would explore partnering with Mahoning Valley Economic Development Corp. and Mahoning County Convention & Visitors Bureau to use about …

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WRPA Poised to Close on Harshman Building

YOUNGSTOWN, Ohio – The Western Reserve Port Authority will open bids Feb. 14 to renovate the first floor and basement on the Harshman Building downtown. The port authority is purchasing the downtown Youngstown building from NYO Property Group for $350,000 and intends to lease the renovated space to Eastern Gateway …

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Port authority gets update on Warren energy business incubator

WARREN The Western Reserve Port Authority’s economic development division got an update Wednesday on the progress of the Tech Belt Energy Innovation Center on West Market Street downtown, including TBEIC’s new shared-resource lab. Thanks to about $500,000 from the Appalachian Regional Commission and state of Ohio, TBEIC will start receiving …

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Port authority to pay $350K for former Harshman site

YOUNGSTOWN — The Western Reserve Port Authority is finalizing its purchase of the former Harshman law firm building downtown. The port authority agreed to pay NYO Property Group $350,000 for the building. Anthony Trevena, the port authority’s economic development director, said Wednesday the board is looking into applying for various …

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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 …

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Port authority authorizes Warren development purchase

VIENNA Developer Mark Marvin has acted on his vision of a downtown Warren full of vibrant living and recreational opportunities. Now he’s pursuing an opportunity to transform a section of downtown on the opposite side of the Mahoning River from Courthouse Square that could make the river an attraction. Marvin, …

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