Economy of Downtown Youngstown
Downtown's economy largely depends on companies whose offices are located in the area and the university, although the opening of the Covelli Centre has recently given rise to new economic opportunities.
Youngstown State University is the largest employer in the city, and the headquarters of Home Savings and Loan is also located downtown. Other companies with offices downtown include JPMorgan Chase, FNB Corporation, Huntington Bancshares, KeyBank, PNC Bank, InfoCision, The Vindicator, and The Youngstown Business Incubator. The United States Postal Service has a large branch located in downtown that is a large employer.
The Youngstown Business Incubator houses several small, (B2B Software) technological companies that have been attracting attention throughout NE Ohio and Western Pennsylvania. The Incubator occupies one historic building, and the newly the construction of the Taft Technology Center next door.
While the downtown's economic difficulties remains evident, the district has become the site of many smaller businesses that have drawn residents from within the city and from neighboring suburban communities. These businesses include bars, restaurants, and coffee shops such as Barleys, Buffalo Wild Wings, Rosetta Stone, Cedar Lounge and Restaurant, The Draught House, Skeeter's Jazz Bar, Imbibe, The Core, Coyocan, Anthony's on the River, Charley Staple's Bar-B-Que, Café Cimmento, Steeltown Studios, and the Old Precinct.
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