University Edge

The Port Authority assisted Hallmark Student Housing Youngstown, LLC (Hallmark) construct a retail facility and an approximate 659-bed student housing facility located at Youngstown State University. The project consists of constructing, equipping, and furnishing three buildings in the multi-phase facility, known as University Edge. The Port Authority entered into a ground lease with Hallmark to secure land necessary for the project, let a capital (facility) lease to Hallmark to construct the project and operate such facility, issued $23,000,000 in Development Revenue Bonds, and passed through the proceeds to Hallmark for the project.