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Port Authority approves economic development projects
By Kalea Hall
YOUNGSTOWN
The Western Reserve Port Authority board of directors authorized four economic development projects.
The Northeast Ohio Development and Finance Authority, the authority’s economic development division, proposed three financing projects Wednesday 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 163 units to the Wick and Rayen avenues area.
The future Marion Commons supportive housing project on Madison Avenue in Youngstown that Compass Family Community Services, Help Hotline Crisis Center and Meridian Community Care have partnered.
“I feel very comfortable and confident,” said Anthony Trevena, the WRPA’s director of economic development. “I am excited. There’s going to be a hotel in Youngstown.”
The board also agreed to enter into a grant agreement with JobsOhio in the amount of $199,478 to assist in environmental assessments on behalf of Auto Park-It, the automated parking-deck manufacturing company interested in relocating to the former Delphi complex in downtown Warren from Los Angeles.
Also at the meeting, Dan Dickten, director of aviation at the Youngstown-Warren Regional Airport, provided the board with an update on the daily service soon to be offered at the airport by Aerodynamics Inc.
Representatives from the company will be at the airport Tuesday to promote the new daily service to Chicago set to launch at the end of May.
The board approved an air-service launch marketing campaign to PALO Creative of Youngstown in the amount of about $96,000.
“Now is when the work really starts,” Dickten said.