$6.5M hotel project planned in Liberty

LIBERTY — Investors are nearing approval for a $6.5 million hotel development on Belmont Avenue.

A 90-unit Comfort Suites would be built across the street from the Station Square restaurant, said township Administrator Pat Ungaro.

There is empty land there where a Ramada Inn once stood. The property owner demolished that hotel, he said.

Perni, Perni Equities LLC of Hubbard owns the property, he said. Investors include the Holiday Inn in Boardman, he said.

Financing and zoning requirements are already in place, Ungaro said. He said that land in front of the hotel site has been re-platted, but he would not say what businesses might locate there.

The Trumbull County commissioners were expected to vote Wednesday morning on a 49 percent, 10-year tax abatement for the development.

“It’s a done deal,” Ungaro said.

He also said if the commissioners approve the tax abatement, it also will have to be approved by the Ohio Department of Development.

The state is involved because the area falls under the Community Reinvestment Area program, or CRA, he explained.

For the complete story, read Wednesday's Vindicator and Vindy.com