Pittsburgh
Burns & Scalo to Develop $40M Office Space in Southpointe II
By Adriana Pop, Associate Editor
Burns & Scalo Real Estate Services plans to construct two identical 100,000-square-foot office buildings in Southpointe II.
The $40 million development takes advantage of the increasing regional need for commercial real estate. Jim Scalo, president of Burns & Scalo Real […]
Buncher Receives URA’s Support to Redevelop Railroad Terminal
By Liviu Oltean, Associate Editor
The Buncher Co. made progress in pursuing its masterplan to redevelop the Pennsylvania Railroad Fruit Auction Terminal Building and turn it into a mixed-use project.
According to the Pittsburgh Business News, the Urban Redevelopment Authority (URA) hopes to provide incentives for […]
ULS Relocates to Park Place One
By Liviu Oltean, Associate Editor
United Lender Services (ULS) has announced it will soon occupy 48,000 square feet of office space in Park Place One. Located in the suburban Parkway West area of Pittsburgh, Park Place One and Park Place Two […]
RIDC Receives $15M Funding for Large-Scale Developments
By Liviu Oltean, Associate Editor
The Regional Industrial Development Corp. of Southwestern Pennsylvania (RIDC) has been offered grants and low interest loans totaling up to $15 million for the development of large-scale regional projects.
The funding was recently approved by the Commonwealth Financing […]
RLJ Lodging Trust Completes $24M Hotel Conversions
By Liviu Oltean, Associate Editor
RLJ Lodging Trust has recently completed a $24 million conversion of three hotels – the Hilton Garden Inn Pittsburgh University Place, the Hilton Garden Inn Durham and the Embassy Suites West Palm Beach-Central.
The conversions were part […]
PNC’s $400M Leed-Certified Tower Gets Green Light
By Liviu Oltean, Associate Editor
The city planning commission voted in favor of the development of Tower at PNC Plaza.
The tower is a 33-story glass office building that will house PNC Financial Services Group. Estimated to cost about $400 million, the PNC tower […]
Dickie & McCamey Renews Lease at PPG Place
By Liviu Oltean, Associate Editor
Dickie & McCamey has decided to renew the lease at PPG Place by 10 years. As reported in November by the Pittsburgh Business News, the law firm’s 10-year lease was set to expire in 2014, and the firm […]
McCaffery Interests, Pitt Ohio Break Ground on 96-Unit Apartment Property
By Liviu Oltean, Associate Editor
McCaffery Interests and Pitt Ohio recently announced the groundbreaking of ‘Lot 24’, a 96-unit apartment residence project in the Strip District.
Lot 24′s site was formerly a surface parking space. The development will be located in the vicinity of […]
Redevelopment Authority Sells Fifth and Forbes Lots to Millcraft for $2.43M
By Liviu Oltean, Associate Editor
The Urban Redevelopment Authority (URA) has voted and agreed to sell seven lots near Forbes Avenue to Millcraft Industries.
The 37,000-square-foot tracts were sold to the Washington-based company for $2.43 million. The Pittsburgh Business Times reports that […]
PJ Dick Appointed as General Contractor for $71M Credit Union HQ
By Liviu Oltean, Associate Editor
PJ Dick has been recently selected as general contractor for the new Pennsylvania State Employees’ Credit Union (PSECU) headquarters.
The $71 million project represents PJ Dick’s first Harrisburg-based contract, and it is also the largest construction project […]