{"id":1004747948,"date":"2025-02-20T02:46:17","date_gmt":"2025-02-20T10:46:17","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004747948"},"modified":"2025-02-20T07:13:57","modified_gmt":"2025-02-20T15:13:57","slug":"first-national-bank-opens-300m-hq","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/first-national-bank-opens-300m-hq\/","title":{"rendered":"$300M Headquarters Tower Opens"},"content":{"rendered":"\n<p>F.N.B. Corp., the holding company for First National Bank, has marked the opening of its new headquarters building in the Lower Hill District of downtown Pittsburgh, the 469,000-square-foot&nbsp;FNB Financial Center. The tower rises 26 stories on about 7 acres on the former site of the Civic Arena.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/FNB_Financial_New_Center.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"619\" data-attachment-id=\"1004747954\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/first-national-bank-opens-300m-hq\/fnb_financial_new_center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/FNB_Financial_New_Center.jpg\" data-orig-size=\"800,619\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"FNB_Financial_New_Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;FNB Financial Center in Pittsburgh\u2019s Hill District. Image courtesy of F.N.B. Corp.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/FNB_Financial_New_Center.jpg?w=800\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/FNB_Financial_New_Center.jpg\" alt=\"FNB Financial Center in Pittsburgh\u2019s Hill District\" class=\"wp-image-1004747954\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/FNB_Financial_New_Center.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/FNB_Financial_New_Center.jpg?resize=300,232 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/FNB_Financial_New_Center.jpg?resize=768,594 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><figcaption class=\"wp-element-caption\">FNB Financial Center in Pittsburgh\u2019s Hill District. <em>Image courtesy of F.N.B. Corp.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Employees began moving into the building in November. Currently FNB Financial Center is about 70 percent occupied, with roughly half of that space taken up by FNB. A JLL team led by Market Director JC Pelusi represents ownership in commercial lease negotiations.<\/p>\n\n\n\n<p>Buccini Pollin Group was the lead developer of the building, which was designed by Gensler. Since breaking ground in 2021, the development of FNB Financial Center has generated over $7 million for a Hill District community-directed reinvestment fund and put over $3 million into programs to benefit minority-owned businesses, along with the Hill District Federal Credit Union, according to Buccini Pollin.<\/p>\n\n\n\n<p>The tower features an amenity floor with a fitness center, conference rooms, lounge space and a Wi-Fi-enabled, tenant-only terrace. The bank\u2019s space includes a trading floor for capital markets employees, with a suspended LED stock ticker visible from the building exterior.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/largest-100-office-leases-of-2024-point-to-stabilization\/\">Top 100 Office Leases of 2024 Point to Stabilization<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The property has achieved LEED Gold certification, with a number of health- and wellness-oriented features, including floor-to-ceiling windows for natural light and advanced HVAC systems. There is also a ground-floor retail space of 15,000 square feet, with a coffee bar, full-service caf\u00e9 and public plazas.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-pittsburgh-s-soft-office-market\">Pittsburgh&#8217;s soft office market<\/h2>\n\n\n\n<p>In the fourth quarter of 2024, the Pittsburgh market turned in negative net absorption of 109,953 square feet, spurred by losses totaling 142,437 square feet in the <a href=\"https:\/\/www.commercialsearch.com\/news\/cbds-get-new-life\/\">central business district<\/a>, according to JLL data. Much of that was driven by EQT\u2019s downsize at 625 Liberty and FHLB\u2019s departure from 601 Grant St.<\/p>\n\n\n\n<p>Even so,&nbsp;\u201cthe completion of FNB Financial Center marked a significant milestone for Pittsburgh&#8217;s office market in the fourth quarter,\u201d JLL noted in its market report. \u201cDespite challenging market conditions, the project delivered nearly 70 percent preleased.\u201d<\/p>\n\n\n\n<p>The completion of the building not only changed the downtown Pittsburgh skyline, but it \u201cinjected new life\u201d into the Lower Hill District, JLL reported, and will likely be a catalyst for future development in the area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Designed by Gensler, the building is the new home of a major financial services company.<\/p>\n","protected":false},"author":1023,"featured_media":1004747954,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,11,21742,21747,1602],"tags":[35845,33012,32796,34285],"class_list":["post-1004747948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-midatlantic","category-latest","category-office","category-pittsburgh","tag-first-national-bank","tag-gensler","tag-jll","tag-the-buccinipollin-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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