{"id":1004094625,"date":"2014-04-14T05:44:54","date_gmt":"2014-04-14T13:44:54","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=253777"},"modified":"2020-05-18T12:12:18","modified_gmt":"2020-05-18T20:12:18","slug":"walnut-capital-partners-plans-apartment-and-retail-project-in-east-liberty","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/walnut-capital-partners-plans-apartment-and-retail-project-in-east-liberty\/","title":{"rendered":"Walnut Capital Partners Plans Apartment and Retail Project in East Liberty"},"content":{"rendered":"<p><!--[if gte mso 9]><xml><br \/>\n<o:OfficeDocumentSettings><br \/>\n<o:AllowPNG\/><br \/>\n<\/o:OfficeDocumentSettings><br \/>\n<\/xml><![endif]--><\/p>\n<p><!--[if gte mso 9]><xml><br \/>\n<w:WordDocument><br \/>\n<w:View>Normal<\/w:View><br \/>\n<w:Zoom>0<\/w:Zoom><br \/>\n<w:TrackMoves\/><br \/>\n<w:TrackFormatting\/><br \/>\n<w:HyphenationZone>21<\/w:HyphenationZone><br \/>\n<w:PunctuationKerning\/><br 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Name=\"Book Title\"\/><br \/>\n<w:LsdException Locked=\"false\" Priority=\"37\" Name=\"Bibliography\"\/><br \/>\n<w:LsdException Locked=\"false\" Priority=\"39\" QFormat=\"true\" Name=\"TOC Heading\"\/><br \/>\n<\/w:LatentStyles><br \/>\n<\/xml><![endif]--><!--[if gte mso 10]><\/p>\n\n\n\n\n<style>\n \/* Style Definitions *\/\n table.MsoNormalTable\n {mso-style-name:\"Table Normal\";\n mso-tstyle-rowband-size:0;\n mso-tstyle-colband-size:0;\n mso-style-noshow:yes;\n mso-style-priority:99;\n mso-style-parent:\"\";\n mso-padding-alt:0cm 5.4pt 0cm 5.4pt;\n mso-para-margin-top:0cm;\n mso-para-margin-right:0cm;\n mso-para-margin-bottom:10.0pt;\n mso-para-margin-left:0cm;\n line-height:115%;\n mso-pagination:widow-orphan;\n font-size:11.0pt;\n font-family:\"Calibri\",\"sans-serif\";\n mso-ascii-font-family:Calibri;\n mso-ascii-theme-font:minor-latin;\n mso-hansi-font-family:Calibri;\n mso-hansi-theme-font:minor-latin;\n mso-fareast-language:EN-US;}\n<\/style>\n\n\n\n\n<p><![endif]--><\/p>\n<p class=\"MsoNormal\"><em style=\"mso-bidi-font-style: normal;\"><span lang=\"EN-US\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/04\/Center-for-Sustainable-Landscapes.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-253778\" title=\"Center for Sustainable Landscapes\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/04\/Center-for-Sustainable-Landscapes.jpg\" alt=\"\" width=\"300\" height=\"193\" \/><\/a>By Adriana Pop, Associate Editor <\/span><\/em><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">More apartments and retail space could be rising in the heart of the city\u2019s East Liberty neighborhood. <\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">According to the <em style=\"mso-bidi-font-style: normal;\"><a href=\"https:\/\/www.bizjournals.com\/pittsburgh\/blog\/the-next-move\/2014\/04\/former-odeon-theater-plan-to-become-apartments.html\" rel=\"nofollow\">Pittsburgh Business Times<\/a><\/em>, Walnut Capital Partners is planning to purchase three Penn Avenue properties from East Liberty Development Inc. (ELDI) and convert them into 16,000 square feet of retail space and 55 apartments. Construction on the project is expected to begin towards the end of the year, Gregg Perelman, managing partner of Walnut Capital Partners, told the newspaper. <\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">The site of the proposed development is located near the company\u2019s Walnut on Highland apartment community, which has been completely occupied since the beginning of the year. The property includes a 183-space garage, part of which Walnut could make use of to attract tenants for the new complex. <\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">Former plans for this well-located site at the corner of Penn and Highland avenues involved the construction of a five-screen movie theater, along with apartments. Called the Odeon, the project was a joint venture of ELDI and Blasier Urban.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">In other news, the <em style=\"mso-bidi-font-style: normal;\"><a href=\"https:\/\/www.bizjournals.com\/pittsburgh\/news\/2014\/04\/09\/phipps-conservatory-wins-award.html\" rel=\"nofollow\">Pittsburgh Business Times<\/a><\/em> reports that the Phipps Conservatory and Botanical Gardens has received the 2014 Global Best Project Award in the green project category from <em>Engineering News-Record<\/em> (ENR) for its Center for Sustainable Landscapes (CSL) in Pittsburgh.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">Open since 2012, the center aims to become one of the world\u2019s first certified living buildings. The facility has been designed to achieve net-zero energy consumption through the use of solar photovoltaics and solar hot water collectors, geothermal wells, a vertical axis wind turbine, as well as passive cooling, heating and lighting methods. Other green features include a lagoon, a water distillation system, rain gardens and constructed wetlands.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">\u201cThe CSL was created to serve as a global model for how people everywhere can work together with nature to make our communities healthier, safer and more supportive of all life,\u201d Phipps Executive Director Richard Piacentini said in prepared remarks.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">The awards will be presented next month at the ENR 2014 Global Construction Summit in New York.<\/span><\/p>\n<p><em>Photo credits: phipps.conservatory.org<\/em><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\"><br \/>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>More apartments and retail space could be rising in the heart of the city&rsquo;s East Liberty neighborhood.<\/p>\n","protected":false},"author":1269,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1602],"tags":[1815],"class_list":["post-1004094625","post","type-post","status-publish","format-standard","hentry","category-latest","category-pittsburgh","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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