YSU committee approves retail/student housing complex plan

YOUNGSTOWN

A Youngstown State University trustees committee authorized lease of nearly 2 acres between Lincoln and Wick avenues to an Akron company for a $10 million retail/student housing complex.

The finance and facilities committee authorized President Jim Tressel at a meeting Thursday to execute the lease with LRC Realty.

Details such as the amount YSU will be paid for the lease of the 1.8-acre space must be determined and approved by the Ohio Department of Administrative Services because YSU is a state institution.

“We’re proposing a five-story building – the top four stories will be student housing, and the first floor will be retail,” said Kevin Fallon, LRC’s executive vice president for development.

Read more about the project in Friday's Vindicator or on Vindy.com.