The Morning Journal (Lorain, OH)
City OKs tax abatement for local pizzeria
A new pizzeria planned for Broadway will get financial help from the city of Lorain.
Patio 550 is a new wood-fired pizza restaurant planned by George and Elizabeth Goodman.
They are the creators of Inforno Neapolitan Pizza Studio, 35840 Chester Road in Avon.
The restaurant uses a woodfired oven approaching 900 degrees to cook handmade pizzas in minutes.
They plan to bring their concept to Lorain at 550 Broadway in a project valued up to $500,000.
Lorain City Council has approved a two-year, 100 percent tax abatement for the renovation.
The city paperwork refers to Broadway Management 550 LLC, the Goodmans’ formal business name for the project.
“I just wanted to thank Broadway Management LLC for their interest in Lorain,” said Councilmanat-Large Mitch Fallis.
The city has had this type tax abatement before, Fallis said.
“And so I would urge my fellow council members to continue to support busisaid. nesses for downtown Losaid. rain in this fashion,” he “And eventually, we’ll have a critical mass down there and we will not have any vacant buildings.”
Councilwoman-at-Large Mary Springowski thanked the Lorain Port Authority for working with the company to come to Lorain.
Netting the business from its location in Avon is a real coup for Lorain, Springowski said.
The Council voted
came July 29, more than a month after the Lorain City Schools Board of Education also approved the tax agreement.
Anyone hungry for their pizza still needs to make the trip to Avon for now.
With the Broadway streetscape under construction in Lorain, the couple will take their time with remodeling with the goal of opening in spring 2020.
The Patio 550 name is intentional.
The Broadway streetscape will widen sidewalks out to 20 feet, creating room for a patio out front.
“And so I would urge my fellow council members to continue to support businesses for downtown Lorain in this fashion. And eventually, we’ll have a critical mass down there and we will not have any vacant buildings.” — Councilman-at-Large Mitch Fallis