YOUNGSTOWN, Ohio (WKBN) – Youngstown City Council will vote next Wednesday whether to loan money to a development company to redo a building on the North Side.
The building is located at the corner of Elm Street and Madison Avenue and formerly housed the Dorian Bookstore.
A company called 802 Elm Development wants a $2 million float loan from the city to put a food market on the first floor and apartments upstairs.
The loan would be for 12 months at a quarter percent interest.
We don’t yet know the names of the people involved with the project.