V&M Anchors Economic Revival of Route 422

Energy In Depth's Mike talks about the revival of the stretch of Route 422 in Youngstown that is seeing an economic revival and helping the city get back on track:

"Call it the comeback of the century.  Thanks in large part to Utica shale development, the blue-collar, hard-working, never-say-die Youngstown is making steel again. Folks have heard this over the last two years, but what some might not know is that while the $1.1 billion V&M Star plant is huge, the facility could actually be the anchor for the rebirth and growth of what is being called the Route 422 ”Economic Gateway.”

According to this morning’s Youngstown Vindicator, there are several agencies serving the local area that are combining efforts and resources to revitalize this industrial corridor.  They are the Trumbull County Planning Commission, the Youngstown Neighborhood Development Corp. and the Youngstown/Warren Regional Chamber, as well as the cities of Girard and Youngstown.  They are sharing information and resources to study the potential growth along U.S. Route 422.

“We want to create an economic gateway off Interstate 80 that will compliment V&M, we want to see other capital investments and other capital businesses.” –Tom Humphries, Youngstown/Warren Regional Chamber (Study hopes to highlight growth potential along U.S. Route 422, 5/13/13)

The goal is a comprehensive redevelopment plan, which includes an economic research study focused along Route 422. More specifically, the study would assess how a largely industrial landscape adjacent to distressed neighborhoods with vacant lots, blighted housing and high rates of poverty could once again become a vibrant, business-friendly gateway for new and expanding businesses. While some projects have already helped spur new economic growth in the region, such as road widening and bridge improvements, there is much more to do — including taking stock of what land parcels are along the roadway, who owns them and what if anything are they being used for.

Beyond the study, roadway improvements, and new steel mills, it is also sending a strong and clear message about being business friendly.  That’s why it was so important that the ill-advised charter amendment be defeated, sending the message that Youngstown is open for business."

READ THE REST: http://www.eidohio.org/vm-anchors-revival-of-route-422/

Views: 73

Comment

You need to be a member of GoMarcellusShale.com to add comments!

Join GoMarcellusShale.com

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service