Anthony Cafaro Sr. looks to the future of the family-owned company

WARREN — Anthony Cafaro Sr., the retired president of the Cafaro Co., remembered the past today when looking to the future for his family-owned business.

During a 41-minute presentation to the Rotary Club of Warren, Cafaro said he and his sons – William A. and Anthony Cafaro Jr., the company’s co-presidents – want to develop about 105 acres behind the Eastwood Mall complex in Niles that is largely in Howland with a portion in Warren.

While it could take five, 10 or even 15 years for work to be done there, Cafaro said, “It’s going to be developed for a multitude of uses – offices, health care, educational, multifamily residential, maybe a convention center or entertainment facilities.”

There could also be hotels and specialized retail stores at the location, he said.

Cafaro said rumors of a water park there aren’t true, however.

The company is known for its retail property development business, but Cafaro said it’s moved in other directions including offices, entertainment and lodging.

For the complete story, read Thursday’s Vindicator and Vindy.com