4 days ago
Grant helps push renovation of historic downtown building
YOUNGSTOWN, Ohio (WKBN) – The effort to renovate and remodel one of downtown Youngstown's historic high-rises is getting some help from the state.
Developers of the 115-year-old former Mahoning National Bank Building in the city's Central Square will receive a $1 million grant through the Vibrant Communities program with JobsOhio.
A New York-based firm is renovating the site to include retail and professional office space on the first four floors, and the top nine will have more than 70 residential apartments.
'JobsOhio does a nice job of using their Vibrant Community grant program that addresses small and medium-sized cities that traditionally are in a distressed community,' said Alexa Sweeney Blackman with Lake to River Economic Development.
The building was sold to investors calling themselves 22 Market Street Ohio about two and a half years ago.
There's no word when the $ 13 million renovation will be ready for occupancy.
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