{"id":1004120608,"date":"2015-06-04T04:09:13","date_gmt":"2015-06-04T12:09:13","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=352403"},"modified":"2020-05-14T00:12:59","modified_gmt":"2020-05-14T08:12:59","slug":"major-development-opportunity-in-pittsburgh-sparks-unexpected-interest","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/","title":{"rendered":"Major Development Opportunity in Pittsburgh Sparks Unexpected Interest"},"content":{"rendered":"<p><em>By Adriana Pop, Associate Editor<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Carnegie-Mellon-University-in-Pittsburgh.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-352406\" title=\"Carnegie Mellon University in Pittsburgh\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Carnegie-Mellon-University-in-Pittsburgh.jpg\" alt=\"\" width=\"300\" height=\"239\" \/><\/a>The new office, hotel and retail complex that Carnegie Mellon University (CMU) intends to build near its campus on Forbes Avenue has drawn quite an interest from a large number of developers.<\/p>\n<p>The facility, which could reach up to 425,000 square feet of space, is part of the university\u2019s strategy to transform this part of Pittsburgh into a world-famous innovation hub that could attract major companies such as Apple, Google, Microsoft or Disney. The expansion could total up to 750,000 square feet of new development over the next five years.<\/p>\n<p>CMU has retained JLL to market the upcoming complex, which will reside on two acres of university-owned land between the Carnegie Museums and Junction Hollow near Craig Street.<\/p>\n<p>Upon completion, the development will be the second-largest structure on CMU\u2019s campus. Besides the new lodging facility, it will provide office space for industry, government and nonprofit partners, as well as flexible research space for student, faculty and staff collaboration, a parking garage, a retail portion and a conference center.<\/p>\n<p>This project emerged in response to the interest many companies have expressed to be closer to CMU, which is renowned for its technology research, as well as for its talented and ambitious faculty staff and students.<\/p>\n<p>JLL has formally issued a request for proposals that is due on Friday, June 5. According to the <em><a href=\"https:\/\/www.bizjournals.com\/pittsburgh\/blog\/the-next-move\/2015\/05\/why-developers-are-liningup-for-chance-to-pursue.html\" rel=\"nofollow\">Pittsburgh Business Times<\/a><\/em>, about 20 companies have shown an initial interest by attending a forum about the proposed development. CMU expects to announce the selected partner(s) later this year.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Photo credits: Wikimedia Commons <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new office, hotel and retail complex Carnegie Mellon University (CMU) intends to build near its campus on Forbes Avenue has drawn quite an interest from a large number of developers.<\/p>\n","protected":false},"author":260,"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":[],"class_list":["post-1004120608","post","type-post","status-publish","format-standard","hentry","category-latest","category-pittsburgh"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Major Development Opportunity in Pittsburgh Sparks Unexpected Interest - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Major Development Opportunity in Pittsburgh Sparks Unexpected Interest\" \/>\n<meta property=\"og:description\" content=\"The new office, hotel and retail complex Carnegie Mellon University (CMU) intends to build near its campus on Forbes Avenue has drawn quite an interest from a large number of developers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-04T12:09:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-14T08:12:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Carnegie-Mellon-University-in-Pittsburgh.jpg\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/\",\"name\":\"Major Development Opportunity in Pittsburgh Sparks Unexpected Interest - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Carnegie-Mellon-University-in-Pittsburgh.jpg\",\"datePublished\":\"2015-06-04T12:09:13+00:00\",\"dateModified\":\"2020-05-14T08:12:59+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Carnegie-Mellon-University-in-Pittsburgh.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Carnegie-Mellon-University-in-Pittsburgh.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Major Development Opportunity in Pittsburgh Sparks Unexpected Interest\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad\",\"name\":\"Adriana Pop\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91\",\"caption\":\"Adriana Pop\"},\"description\":\"Adriana Pop is a senior editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2012, with an academic background in economics, English and Italian. She currently curates the CPE Sneak Peek newsletter, highlighting noteworthy stories and emerging topics for readers. Connect with her at adriana.pop@cpe-mhn.com or on LinkedIn: https:\/\/www.linkedin.com\/in\/ioana-adriana-pop-811772108\/.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/adriana-pop\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Major Development Opportunity in Pittsburgh Sparks Unexpected Interest - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/","og_locale":"en_US","og_type":"article","og_title":"Major Development Opportunity in Pittsburgh Sparks Unexpected Interest","og_description":"The new office, hotel and retail complex Carnegie Mellon University (CMU) intends to build near its campus on Forbes Avenue has drawn quite an interest from a large number of developers.","og_url":"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-06-04T12:09:13+00:00","article_modified_time":"2020-05-14T08:12:59+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Carnegie-Mellon-University-in-Pittsburgh.jpg","type":"","width":"","height":""}],"author":"Adriana Pop","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/","url":"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/","name":"Major Development Opportunity in Pittsburgh Sparks Unexpected Interest - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Carnegie-Mellon-University-in-Pittsburgh.jpg","datePublished":"2015-06-04T12:09:13+00:00","dateModified":"2020-05-14T08:12:59+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Carnegie-Mellon-University-in-Pittsburgh.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Carnegie-Mellon-University-in-Pittsburgh.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/major-development-opportunity-in-pittsburgh-sparks-unexpected-interest\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Major Development Opportunity in Pittsburgh Sparks Unexpected Interest"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad","name":"Adriana Pop","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91","caption":"Adriana Pop"},"description":"Adriana Pop is a senior editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2012, with an academic background in economics, English and Italian. She currently curates the CPE Sneak Peek newsletter, highlighting noteworthy stories and emerging topics for readers. Connect with her at adriana.pop@cpe-mhn.com or on LinkedIn: https:\/\/www.linkedin.com\/in\/ioana-adriana-pop-811772108\/.","url":"https:\/\/www.commercialsearch.com\/news\/author\/adriana-pop\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004120608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/260"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004120608"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004120608\/revisions"}],"predecessor-version":[{"id":1004440138,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004120608\/revisions\/1004440138"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004120608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004120608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004120608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}