The Downtown branch of the Carnegie Library of Pittsburgh may be checking out of its Smithfield Street space.

Library officials are “exploring lease options” as they seek to expand the branch’s footprint from its current 12,300 square feet to at least 20,000 square feet, spokeswoman Suzanne Thinnes said .. Read More.

Lawrenceville, the working-class neighborhood that became a mecca for young professionals, has three new construction projects on the horizon — The Wainwright, Lola Square and Carlton Court — that offer condominiums and townhomes ranging in price from $275,000 to $659,000... Read More.

The first phase of redevelopment is underway at the Allegheny Dwellings public housing complex on Pittsburgh’s North Side.

Residents should be moving into the redeveloped site, a mix of affordable and market rate units, by next year, said William Gatti, president of TREK Development Group. .. Read More.

Sometimes it pays off to be a bit of a stick in the mud.

Pittsburgh found that out in 2008. As real estate markets across the country tanked because of the Great Recession, Pittsburgh’s thrived — thanks in part to a steady-as-she-goes approach to investment.

While many cities experienced rampant speculation and over building in the years leading up to the recession, the Steel City played it more conservatively, as had been its tradition... Read More.

What a week it was in Pittsburgh.

Last week, the Germans were in town connecting around Resilient Cities. The French think tank was here to exchange ideas for better cities. And p4 took place, gathering 800 people — 720 of them local — to look at innovative and inspiring ways to make Pittsburgh a more equitable and sustainable city... Read More.

Downtown and its fringe are teeming with development, with 28 projects worth $1 billion under construction and much more in the pipeline.

That’s one of the key findings of the 2018 State of Downtown Pittsburgh report prepared by the Pittsburgh Downtown Partnership and released Tuesday during an event at the Union Trust Building... Read More.

As the Galleria at Pittsburgh Mills shed stores and foot traffic over the last dozen years, the struggling mall attracted the attention of a new owner.

The Pittsburgh Mills was sold for $11.35 million to Mason Asset Management of Long Island, N.Y. — almost twice its current assessed value of $6.48 million. .. Read More.

Martin Sivic ran Four Star Car Wash on a sleepy New Stanton side street for decades.

Then PennDOT spent $53.7 million to redesign the Interstate 70 interchange — and put the car wash right in the middle of the action.

“We went from being a piece of property on a dead-end street to a corner lot with three entryways,” Sivic said... Read More.

Downtown is offering more places to work, play and live, and a new report shares details on the latest numbers. Here are five takeaways from the Pittsburgh Downtown Partnership’s 2018 State of Downtown report. .. 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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