Transforming Downtown East Liverpool: A New Era of Growth
Exciting Developments in Downtown East Liverpool
True North, LLC and Cozza Enterprises have recently unveiled ambitious plans to redevelop the historic Thompson and BOSS buildings in the heart of East Liverpool. This effort represents a major step forward in revitalizing the downtown area and embracing a prosperous future.
Public-Private Partnerships Driving Growth
These transformative initiatives highlight the power of public-private partnerships in fostering economic growth and community renewal. Local leaders, state officials, and business executives came together to support these projects, which are anticipated to attract further investment into East Liverpool's Diamond Historic District.
The Vision for the BOSS Building
True North LLC, a prominent player in high-tech business services based in West Virginia, is spearheading the redevelopment of the 31,000-square-foot BOSS Building, which dates back to 1930. The revitalized property will become True North's new corporate headquarters in Ohio, supported by a $700,000 grant from the JobsOhio Vibrant Communities Program. The total cost of the project is estimated at $2 million, and True North plans to relocate its 55 current employees to this new location by the end of 2024, while also creating 25 new high-tech positions by 2028.
Reviving the Thompson Building
Simultaneously, the historic Thompson Building is set for a $2.2 million restoration led by Cozza Enterprises. This project is also backed by the JobsOhio Vibrant Communities Program, receiving a $600,000 grant. The Thompson Building will feature a mix of workforce housing and retail spaces, anchored by the Buckeye Online School for Success (BOSS). Completion of the project is expected by the second quarter of 2026, preserving 30 existing jobs while creating 13 new positions.
The Commitment to Community Development
Both True North and Cozza Enterprises are dedicated to breathing new life into East Liverpool. Craig Cozza, CEO of Cozza Enterprises, emphasized the significance of revitalizing historic buildings to build stronger communities. He believes that with the right mix of vision and investment, East Liverpool can serve as a blueprint for other small towns aiming for a comeback.
A Collaborative Effort for Economic Resurgence
The combined investment in these projects is $4.2 million, showcasing the collaborative spirit of JobsOhio, local developers, and business leaders. This teamwork highlights the dedication to securing funding for the renovation of these significant buildings within the newly formed Lake to River region.
A Bright Outlook for East Liverpool
The announcement of these developments marks an exciting new chapter for East Liverpool. Mayor Robert Smith expressed optimism about the collaboration between state leaders and local businesses, underscoring that their joint efforts are crucial in revitalizing the city and creating a vibrant future.
JobsOhio's Role in Community Transformation
The JobsOhio Vibrant Communities Program is dedicated to funding development projects aimed at transforming distressed areas. Initiatives that combine mixed-use developments, real estate projects, and shared workspaces qualify for competitive grants, supporting the revival of communities across Ohio.
Frequently Asked Questions
What is the purpose of the redevelopment projects?
The redevelopment efforts aim to revitalize the downtown area of East Liverpool, creating high-tech jobs and boosting the local economy.
Who is involved in the redevelopment?
The projects are led by True North, LLC and Cozza Enterprises, in collaboration with JobsOhio.
What is the expected timeline for project completion?
The BOSS Building is set to be completed by the end of 2024, while the Thompson Building restoration is expected to finish by the second quarter of 2026.
How many jobs will these projects create?
True North plans to add 25 high-tech positions, and the Thompson Building will preserve 30 jobs while creating 13 new roles.
What funding is assisting these projects?
Both projects received grants from the JobsOhio Vibrant Communities Program, totaling over $1.3 million to support revitalization efforts.
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