4/14/2026 CPED Committee Meeting

The City of Youngstown's CPED Committee meeting on April 14, 2026, focused primarily on economic development and property management issues. Key procurement-related discussions included authorizing the Board of Control to enter into an economic development agreement for 3827 Market Street, with considerations about funding parity compared to other city projects. The committee also discussed the challenges surrounding the Bottom Dollar building, including the significant costs to complete renovations (estimated around $1.5 million), difficulties in securing tenants, and the failed partnership with the Port Authority to manage the property. The conversation highlighted the need to find a viable end use for the building without the city acting as a landlord. Additionally, there was an update on the Ableton Elm Street Renovations project, with community concerns about liquor licensing and neighborhood fit. The meeting concluded with a report on the Covelli Center Amphitheater's financial performance and community event programming, emphasizing the importance of community engagement in facility management. No formal votes were recorded during the transcript, but there was consensus to move forward with the economic development agreement and continued efforts to address property management challenges.