Pittsburgh
Carnegie Mellon Buildings Receive Gold LEED Certification
By Liviu Oltean, Associate Editor
Carnegie Mellon University has announced that the Gates Center for Computer Science and the Hillman Center for Future-Generation Technologies have been awarded with LEED gold certification by the U.S. Green Building Council.
The Gates and Hillman centers […]
Brown Shoe Announces Closings for More than 140 Famous Footwear Stores Nationwide
By Liviu Oltean, Associate Editor
Brown Shoe Co. said it is planning to close about 140 Famous Footwear stores nationwide in the near future.
The decision was motivated by unsatisfactory performances in various locations, and it will be enacted in spite of […]
DoubleTree by Hilton Rebrands, Renovates its Largest Pittsburgh Asset
By Liviu Oltean, Associate Editor
During a ribbon cutting ceremony this week, DoubleTree by Hilton announced the official opening and rebranding of the Radisson Hotel Pittsburgh-Green Tree, which has been renamed as DoubleTree. The hotel will undergo a $16 million renovation […]
PMC Property Bids to Redevelop the John C. Robin Civic Building
By Liviu Oltean, Associate Editor
PMC Property Group is hoping the Urban Redevelopment Authority (URA) will vote to grant it the development rights to the John C. Robin Civic building.
The Pittsburgh Business Times reports that PMC was recommended over two other […]
RMU Purchases the Holiday Inn Pittsburgh Airport for Student Housing
By Liviu Oltean, Associate Editor
Robert Morris University has acquired the Holiday Inn Pittsburgh Airport. According to the Pittsburgh Business Times, RMU will initially use the hotel for student housing, ultimately planning to convert the hotel into a residence hall. The […]
Starpointe Business Park Breaks Ground for Second Phase
By Liviu Oltean, Associate Editor
Fourth River Development LLC has begun the second phase of construction on the Starpointe Business Park site entailing the development of a 100-acre portion of the land, the Pittsburgh Business Times reports.
Starpointe representatives hope to offer space […]
Walnut Capital Partners to Develop $119M Mixed Use Project
By Liviu Oltean, Associate Editor
Due to its former success, Walnut Capital Partners’ Bakery Square project might come to Penn Avenue.
Walnut Capital has bid $5.4 million to buy the Reizenstein property from the Pittsburgh Public Schools. Walnut Capital is planning to transform […]
Richfield Hospitality to Renovate and Reposition Hotels
By Liviu Oltean, Associate Editor
Richfield Hospitality, a Denver-based hospitality management company focusing on maximizing profit and improving asset values for hotel owners, has added four properties to its portfolio: Crowne Plaza Melbourne Oceanfront Resort in Florida, DoubleTree by Hilton Hotel […]
CONSOL Energy and Noble Energy Close ‘O.K.’ $3.3B Agreement
by Liviu Oltean, Associate Editor
CONSOL Energy Inc. and Noble Energy Close have closed on an agreement that entails the joint development of CONSOL’s Marcellus Shale assets in Pennsylvania and West Virginia.
Following this agreement, CONSOL will receive payments of about $3.3 […]
Stabile and Kass in Bidding War for Land Near Heinz Field
By Liviu Oltean, Associate Editor
Merrill Stabile, general partner in 501 Martindale Associates and president of Alco parking, recently bid for the right to develop land between PNC Park and Heinz Field. The land was reserved for Continental Real Estate Cos. […]