An Akron-based company has purchased property at the site of the former Niles power plant on Belmont Avenue.
According to the Trumbull County Auditor’s website, the property was purchased March 31, 2025 for $4,201,830 by Akron-based company Magellan Scientific LLC.
At this time, it is unknown what the company plans to do with the property, but a real estate listing on Loopnet says the site is up for redevelopment for either a renewable energy site or manufacturing site…