YSU buys former City Printing property

YOUNGSTOWN — Youngstown State University is buying yet another piece of property in conjunction with the construction of a new building for its Williamson College of Business Administration.

The YSU board of trustees has voted to pay $225,600 for the former City Printing Co. building at 36 W. Wood St. owned by Joseph A. Valentini. The price is the same as the building’s appraised value.

The location, at the corner of Wood and Phelps Street, is directly across Phelps from the Williamson project site.

City Printing has already relocated to 122 Oak Hill Ave.

The purchase must now be approved by the State Controlling Board, and that is expected to occur within the next couple of months, said Atty. Greg Morgione, YSU associate general counsel.

“There is a need for additional parking in that area for the college of business,” he said, noting that the City Printing building will eventually be razed to provide some of that parking space. In the meantime, the university may use the first floor of the two-story structure as temporary office space, he said.

Read more in Thursday’s Vindicator and Vindy.com