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Downtown Hotel Coming

Started by Towntalk, March 06, 2013, 05:43:37 PM

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0 Members and 3 Guests are viewing this topic.

iwasthere

it will come to life aslong as business people lead the way.

ytowner

This is a crucial project and must be completed the proper way. We can't let this project get screwed up. It will have major ramifications for Downtown and YSU.

Towntalk

Since the Stambaugh Building was never configured as a hotel, there are certain things that it couldn't have such as a ballroom, but aside from that, it could have meeting rooms, essential to attracting conventions, a restaurant that was of a higher class capable of catering services for conventions as well as serving the general public.

The question is, how many suites could it have, and how many single rooms. The building certainly is large enough with 12 floors so that at least two could be devoted to suites (sitting room, bedroom, and bath) taking up the top two floors, while the lower floors would have single rooms with bath. The 5th through 10th floor could hold single rooms. This would leave the 2nd, 3rd and 4th floor for Lobby, a restaurant and bar, and meeting rooms, as well as hotel offices.

We'll also be anxious to see the plans for the hotel once they are released.

Towntalk

Downtown developer Dominic Marchionda, president of Erie Terminal, LLC, confirmed on Wednesday that a hotel is coming to downtown Youngstown.

Marchionda said the hotel, which he would not name, will be located at the Stambaugh Building on Federal Plaza at Central Square. He said more details, including architectural renderings, will be released in the next four to six weeks.

A feasibility study on the project is expected to be finished this week and Marchionda said it appears to be positive.

On Tuesday, Marchionda and business partner Michael Naffah announced they purchased the former Pig Iron Press building after successfully submitting the top bid at a sheriff's sale. They said they have no specific plans for the property, which was foreclosed last year.

Naffah of Naffah Hospitality Group, LLC, owns and operates Hampton Inn & Suites in Canfield, the Shale Tavern & Grille in Lisbon, The Embassy banquet center in Boardman and Inner Circle Pizza in Canfield.

Marchionda renovated the former Erie Terminal building into a 40-unit apartment building known as Erie Terminal Place.