Since 2002, when four Pittsburgh foundations bought the site, many studies and plans have come and gone for the massive former J&L/LTV steel mill property in Hazelwood.

With a plan in place and big things happening, the site known as Almono was in need of a new name.

“I want to welcome you not to the Almono site, but to Hazelwood,” said Pittsburgh City Councilman Corey O’Connor, at a press conference Friday morning... Read More.

Highmark Health and Allegheny Health Network announced Wednesday a massive $700 million expansion plan that includes construction of four neighborhood hospitals, a 160-bed state-of-the-art hospital in Pine and renovation of its existing facilities throughout Western Pennsylvania.

The region's second largest hospital network said the new full-service hospital will be adjacent to its Wexford Health and Wellness Pavilion that opened in 2014... Read More.

To spot new developments from the cockpit of plane flying about 2,300 feet above Pittsburgh's Downtown, Amber Surrency keeps an eye out for clues.

She scans for yellow construction equipment, tall cranes, wood framing, cleared lots or even fresh dirt among city blocks, skyscrapers and apartment buildings.

“It sticks out like a sore thumb,” said Surrency, an aerial research photographer with CoStar, a commercial real estate information company... Read More.

It took only two weeks for a Columbus developer to sell a just-finished shopping center in Pennsylvania. 

Skilken Gold, a Columbus-based retail developer, sold the 7,000-square-foot shopping center it built in the Pittsburgh suburb of Pleasant Hills. A California investor paid $5.3 million for the three-tenant Pleasant Hills Shopping Center, which is occupied by Starbucks, T-Mobile and Aspen Dental ... Read More.

A Columbus, Ohio-based commercial real estate company is offering three spaces for office suites marketed to startup companies.

Three Fourth Avenue buildings are available that are fully furnished, utility-equipped offices from 1,000 to 15,000 square feet to accommodate between 10 and 100 people, according to a news release. The Park Building at 355 Fifth Ave., Investment Building at 239 Fourth Ave., and the Tech Center Building at 322 Fourth Ave. are available for the Presto! Office Suites concept .... Read More.

Pasquale Merante is selling Italian subs, fruits and vegetables along with other grocery and household items out of his family’s store in Uptown as if the past 16 years in which the building stood vacant had never happened.

“We’ve been here since 1960,” he said. “I grew up in this store. We’re just reopening it.”... Read More.


A new steak and seafood restaurant has opened at the U.S. Steel Tower in downtown Pittsburgh.

Red, the Steakhouse, opened its fourth location at 600 Grant St., according to a news release.

Aged certified Angus beef prime steaks and imported Japanese wagyu as well as lobster, Alaskan king crab, veal chops and house-made pastas will be served from a menu created by executive chef Peter Vauthy. A raw bar, appetizers and side dishes like four-cheese macaroni and cheese also are featured... Read More.

84 Lumber Co. founder Joe Hardy has launched a new real estate company that is pursuing a condo development in the Strip District as its first project.

Based in Eighty Four, the company is called Hardy World LLC, and it’s working on a plan to combine two properties on Penn Avenue and convert them into about 30 condo units.. Read More.

With Pittsburgh submitting its bid for Amazon H2Q on Thursday, the region's leadership came out to tout their proposal for the e-commerce giant's second corporate campus, which is expected to bring 50,000 jobs to the winning city.

While details were scarce — the bid is under a nondisclosure agreement — Allegheny County Chief Executive Rich Fitzgerald, Pittsburgh Mayor Bill Peduto and new Allegheny Conference on Community Development CEO Stefani Pashman began a full-throated campaign to champion Pittsburgh and a 10-county region as the best place for HQ2, which could take up enough office space to fill four U.S. Steel Towers within the next two decades... 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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