A long-awaited townhouse project is preparing to go move forward at the Buncher Company’s Riverfront Landing master plan in the Strip District.

Laurel Communities proposes to build 46 townhouses along the new Waterfront Place built through Buncher’s site. The new three-story homes will line the street, extending an entire block and the length of the Pennsylvania Fruit Auction & Sales produce terminal.. Read More.

A Forbes Avenue building long used for clinics by the Allegheny County Health Department is destined to become part of the University of Pittsburgh’s plan for an innovation district in Oakland.

The county will sell the building at 3441 Forbes Ave. to Pitt for $1.9 million if County Council approves requested legislation that County Executive Rich Fitzgerald submitted for its Dec. 5 meeting.

Pitt has formed 3441 F Street LLC to purchase and develop the property. The university submitted the only proposal in response to an August request for development of the site, according to Fitzgerald’s office. .. Read More.

The ownership of Cube Creative Space in East Liberty is preparing to redevelop the property that neighbors Motor Square Garden and Whole Foods Market.

According to agenda materials, the Pittsburgh Planning Commission is slated to vote on two items to bring major upgrades to a 57,000-plus-square building at 5877 Commerce Street and a neighboring parcel, properties owned in a partnership of Jason Lardo and Anthony Dolan. .. Read More.

Walls that help to tell the history of the Hill District, performance spaces, and event lawns that can be used as outdoor classrooms or simply as places to relax and reflect.

They’re all part of the $26.4 million pedestrian park designed to connect the Hill and the former Civic Arena site with Downtown, one that would be built over Interstate 579/Crosstown Boulevard.. Read More.

Expedient has completed a third upgrade to one of its Pittsburgh data centers, updating the power capabilities and sustainability of the facility. ACM at Nova Place saw a $14 million investment, an upgrade which includes a physical expansion of the building... Read More.

Thousands of stores announced closures in Pennsylvania and across the country, and the state's second-largest city landed on a dubious list. Pittsburgh has so many real estate properties in default that it landed among the top 10 nationwide for metropolitan areas with the most properties carrying delinquent loan payments. About 27 percent of properties there are in default for a combined $224 million, according to Trepp, a New York-based analytics firm serving the retail industry.. Read More.

A St. Louis developer unveiled plans Wednesday evening for the first of 935 units of housing to be built at the former Civic Arena site, marking the formal start of a long-delayed development.

During a Hill District community meeting, representatives for McCormack Baron Salazar detailed five phases of residential construction on part of the site just below Crawford Square. The first phase will consist of 255 units spread over two buildings, three to five stories in height... Read More.
In an effort to keep our clients and colleagues informed about the Pittsburgh commercial real estate market, we send out a weekly email with the top news stories that affect you. Each day we sort through various industry publications and local news sources to narrow down the top articles that matter to the Pittsburgh commercial real estate investor.


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