A little more than two years after first opening, the Market Street Grocery Downtown is preparing an expansion.
The owners intend to use the second and third floors of the three-story building at 435 Market St. in Market Square owned by the Pittsburgh History & Landmarks Foundation to supplement their street-level grocery.
"It will be an expansion of the market, the offerings that it provides, more seating, and meeting and event space," said Arthur Ziegler, the foundation's president.
David Priselac, one of the owners, said the third floor will become a space for weddings, fundraisers and other events. The market, which does its own catering, likely will offer that service to those who rent the space ... Read More.

Get ready for the Icon on Smithfield - the latest redevelopment to hit Downtown Pittsburgh.
No, the name doesn't apply to the former Macy's/Kaufmann's building, an icon in itself, but the one across the street - another empty onetime department store.
Stark Enterprises, a Cleveland-based real estate development company, bought the building at 441 Smithfield St. from Oxford Development Co. in January for $10.4 million after Oxford absndoned plans to build a new high-rise at the site .. . Read More.


UPMC is in talks with Cleveland-based Forest City Realty Trust to lease a significant chunk of space within the Freight House Shops at Station Square, sources told the Business Times.

If a deal comes to fruition, sources say, UPMC could take more than 30,000 square feet in the Freight House Shops, a long-established former railroad shed that has served for 30 years as the major retail component of Station Square, the mixed-use redevelopment of the former Pittsburgh & Lake Erie Railroad Station on the South Side. . .. Read More.


Richard DeShantz and partner chef James Ciminillo want to do more than just feed you at their new venture in the former Marty's Market at 2301 Smallman St. in the Strip District.

So when they open Coop de Ville in the former grocery store around next March, look for the first phase of a full-fledged hang out: part sports bar, with plenty of flat-screen televisions; part pool room, with space dedicated to billiard tables; part arcade, complete with pinball machines and video games; and, as proposed for a second phase, duckpin bowling lanes ... Read More.


Tuesday morning, the employee  of Joe's Crab Shack, in Robinson Township, got the bad news through a schedule app on her phone.

"Basically said, your restaurant is permanently closed. Contact your state unemployment offices," Martin told KDKA money editor Jon Delano on Wednesday.. ..  Read More.


When Westinghouse Electric Co. decided to move its headquarters to Cranberry Township in 2007, it credited its decision, in part, to Cranberry's golf course.

"They actually said, 'the reason we chose Cranberry Township is because of the great things there are to do,'" said Jack Cohen, president of the Butler County Tourism and Convention Bureau. "They went to Cranberry Highlands Golf Course and loved it, and decided that was the reason they would move. That's a fact. Those are the kinds of things you have to have in your neighborhood." ... Read More.


The bankrupt Pittsburgh Atheltic Association has a suitor for its iconic clubhouse right in its own backyard.
The University of Pittsburgh has emerged as one of the bidders for the iconic Fifth Avenue building, as the club, faced with millions of dollars of debt, looks for a way to survive. . . Read More.


Aimee Mangham has found shoes, dolls, baby booties and jump ropes in the soil as she plows around the horseshoe that used to be Bonifay Street.
With her husband James, she co-owns Go Supreme, a Beltzhoover-based company that is brush hogging, tilling and plowing into existence one of the largest urban farms in the country -- on 23 acres of the former St. Clair Village . .. Read More.  

The Pittsburgh school board cleared the way Wednesday for developers to receive tax incentives in connection with a project to build a four-story office building in the Strip District. 
The Local Economic Revitalization Tax Assistance - or LERTA - program exempts a portion of property taxes on a development site for a period of time in order to help pay for infrastructure improvements there. The goal is to incentivize developemtn in blighted areas . .. Read More.


More than four years after detailing a plan to build a new retail facility through an Amish barn raising, Craig Cozza is closing in on the completion of a development at North Park that will be bigger and more expansive than originally planned.

Cozza is opening his fifth store, this one a Pro Bike+Run location, this fall in an 18,000-square-foot, lodge-style building, with the store taking 10,000 square feet and a restaurant expected to take the rest. The complex is designed specifically for all the cyclists and runners drawn to North Park. .. . 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.


For more information from a  SVN-TRCA Agent  please contact 724-918-4428 



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