WRPA OKs four economic development projects
YOUNGSTOWN — Today the Western Reserve Port Authority board of directors authorized four economic development projects.
The Northeast Ohio Development and Finance Authority, the economic development division of the WRPA, proposed three financing projects that the board approved to move forward on: the Stambaugh Hotel in downtown Youngstown; the Youngstown Campus Associate student housing project adjacent to the YSU campus, known as the YSU Enclave project that will bring in 163 units to the Wick Avenue and Rayen Avenue area; and the future Marion Commons supportive housing project on Madison Avenue in Youngstown.
"I feel very comfortable and confident," said Anthony Trevena, director of economic development at WRPA. "I am excited. There's going to be a hotel in Youngstown."
The WRPA board also agreed to enter into a grant agreement with JobsOhio to assist in environmental assessments on behalf of Auto Park-It, the automated parking deck manufacturing company that is interested in relocating to the former Delphi complex in downtown Warren from Los Angeles.
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