Pittsburgh
Doughboy Square Multifamily Complex in Pittsburgh Nears Completion
The Doughboy Square Apartments, one of Pittsburgh’s new multi-family projects, is scheduled for completion this summer. According to the Pittsburgh Business Times, the 45-unit residential complex is rising on a 19,000-square-foot parcel on Butler Street, in the city’s Lawrenceville neighborhood. Upon completion, the 89,000-square-foot building will also feature a restaurant on the first-floor.
SDC Nutrition Leases 60,000-Sq.-Ft. Building from RIDC in Findlay
Pittsburgh-based SDC Nutrition has recently signed a lease to occupy a 60,000-square-foot building at the RIDC Park West Industrial Park in Findlay Township. The Regional Industrial Development Corporation of Southwestern PA is building out the space, which should be ready for occupancy this summer.
Allegheny County Health Department Site to Bring New Apartments and Offices in Oakland
MWK Forbes LLC is planning to develop apartments and offices at the site of the Allegheny County Health Department in the city’s West Oakland neighborhood.
New York Investor to Acquire 800-Unit Apartment Asset in Pittsburgh
Real estate investment firm Faros Properties of New York is buying the Allegheny Center Apartments on the city’s North Side from the Allegheny Center Associates, the Pittsburgh Business Times reports.
Cloud-Computing Company Expedient Completes Data Center Expansion, Announces New Projects
Local cloud-computing company Expedient has recently completed a more than 7,000 square feet expansion of its data center at Allegheny Center Mall in Pittsburgh, which first opened in 2008.
August Wilson Center in Downtown Pittsburgh Could Be Liquidated
A court-appointed conservator recommends that the August Wilson Center for African American Culture in downtown Pittsburgh be sold and its assets liquidated.
Developers Invest $19M in Acquisition and Renovation of Moorehead Tower in Pittsburgh
Beacon Communities Development LLC of Boston has partnered with local firm Ralph Falbo Inc. to purchase and renovate the Moorehead Tower, an iconic 141-unit affordable senior housing property in Oakland.
Walnut Capital to Begin Construction on New Office Building at Bakery Square 2.0 This Spring
Walnut Capital Partners is planning to break ground on the first office building of its approximately $100 million Bakery Square 2.0 mixed-use development in East Liberty this spring. According to the Pittsburgh Business Times, construction on the six-story, 216,000-square-foot facility is expected to begin in March and be complete in 18 to 24 months. The Pittsburgh Planning Commission is currently reviewing the developer’s proposal.
Tryko Partners Acquires Affordable Multifamily Community in Leechburg
Private equity real estate group Tryko Partners, LLC has announced the acquisition of Sandalwood Apartments, an 86-unit affordable multi-family community in Leechburg, PA.
Hotel d2 and Cobblestone Plan New Hotels in Connellsville and Millvale
As part of its Community Hotel Development Initiative, Hotel d2 Services has partnered with Wisconsin-based Cobblestone Hotels LLC to develop two new properties in the Pittsburgh region. According to the Pittsburgh Business Times, a new 54-room hotel is slated to rise in Connellsville, while another 51-room development is planned for Millvalle.