YOUNGSTOWN, Ohio (WYTV) – The plans by a Youngstown native to build a sprawling new development on the east side are getting a financial boost from city leaders.
Thursday morning, members of the Youngstown Board of Control approved a $1.5 million grant for the M.J. Joseph Company to help prepare a 21-acre site off Oak Street and the Himrod Expressway.
Developer Mitchell Joseph wants to build a facility to research and make beverage cans than can be chilled at the touch of a button. Mayor John McNally says Joseph has been working with the city for the last couple years to buy the land he needs.
The grant will now help pay for demolition and other work to get the land ready.
“There’s going to be a lot of earthwork. That’ll be done as part of the project, so we’re looking for an official groundbreaking next month, but I think it can pretty much start moving forward now,” said McNally.
Documents filed with the city indicate Mitchell and his company will spend about $20 million to build his facility, creating about 240 new jobs in the process. City leaders say word of the development has already attracted calls from area contractors asking how they might be able to get involved in the project.