Chamber to maintain offices in Youngstown
YOUNGSTOWN — The Youngstown Warren Regional Chamber plans to maintain its offices at the First National Bank Tower.
Chamber leaders announced Monday that, after six months of exploring various leasing and building options in Mahoning and Trumbull counties, they have made a pending agreement with New York-based Youngstown First National Holdings LLC to continue leasing the 15th and 16th floors of the downtown Youngstown bank building.
The chamber’s current lease with Youngstown First National Holdings expires at the end of the year.
The organization spent the past six months reviewing all of its options “to ensure the best location for its offices in the future,” according to a news release from the chamber.
The chamber explored the options to lease or build in Mahoning County for its Youngstown office team or consolidate its Youngstown and Warren offices into one at the Eastwood Mall in Niles.
“We feel that our presence is critical to each county we serve, and that has been our position since the chambers merged in 1993,” Tom Humphries, the chamber’s longtime president / CEO stated in the news release.
Humphries plans to step down from his post at the end of the year, but continue working for the chamber at least one day a week.
The Warren office at 197 W. Market St. will retain the chamber’s economic development department, while James Dignan, incoming president / CEO, along with the chamber’s finance, sales and services, events and marketing staff remain in Youngstown.
Humphries said the Cafaro Co., which owns Eastwood Mall, made the first and “very generous” offer early on when the chamber first began reviewing its options.
“That offer spawned a number of competitive proposals from others in the Valley,” Humphries added.
While details of the agreement with Youngstown First National Holdings LLC will be finalized in the next 30 days, it is expected the 10-year lease will result in significant savings for the chamber.