New development for former General Electric plant in Niles underway

A multi-million dollar grant from the Ohio Department of Development is being used to help Altobelli Real Estate transform and revitalize the former General Electric plant property in Niles. 

Jason Altobelli, a real estate agent and broker at Altobelli Real Estate, told 21 News in an exclusive interview that he and his team will transform the site to accommodate small and mid-sized industrial and commercial companies.

Altobelli stated that the property, with 65,000 square feet of existing space and eight acres available for future growth, can support a wide range of businesses.

"Five to fifteen thousand square foot facilities, things like that [...] no storm water, no additional costs, just build your building and go." Altobelli said.