New private housing at YSU ready for tenants
YOUNGSTOWN
The first phase of the first of two privately owned apartment complexes at Youngstown State University is ready for its first tenants.
“They are ready and people are moving in” Friday and today, said Ron Cole, YSU spokesman.
University Edge, a development by Hallmark Campus Communities of Columbus and Fortress Real Estate Co. of Atlanta, is a $7.8 million complex built on university-owned property on Rayen Avenue between Fifth and Belmont avenues.
Before the 162-bed, four-story building was even built, all of its rooms had been rented, university officials have said.
“A second phase that’s planned is supposed to be ready by the beginning of fall semester 2017,” Cole said.
YSU is leasing the land to the company. Because YSU is a state institution, the lease had to be approved by the Ohio Department of Administrative Services and the company.
Read more about the facility in Saturday's Vindicator or on Vindy.com.