YOUNGSTOWN, Ohio - Lake to River Economic Development, which is JobsOhio's network partner for the Mahoning Valley has secured a $1 million Vibrant Communities Grant from JobsOhio to support redevelopment in downtown Youngstown.

The grant will support the reimagining of the former Huntington Bank building at 22 Market Street. The $13 million project aims to convert the building into a mixed-use development featuring commercial office space, as well as retail and residential units.

The first four floors of the building will feature the office space, which will be occupied by a tenant who has yet to be announced. The rest of the floors will be transformed into a mix of 71 studio, one and two-bedroom apartments.

Meanwhile, the ground level will continue to house Huntington Bank.

Ohio Lieutenant Governor and Youngstown staple Jim Tressel says he's proud to see a transformative investment like this in the heart of his city and that this revitalization will bring a renewed energy downtown.

Meanwhile, Youngstown Director of Economic Development Stephanie Gilchrist says this project can be transformative for downtown.

"Not only is this a significant capital investment into Youngstown, but the resulting mixed-use building in the heart of our downtown will provide an opportunity for its residents and businesses to define the live, work and play mantra for Youngstown," Gilchrist said.

Work on the scheduled redevelopment is set to begin in the coming months.