The Pittsburgh Tribune-Review covered the official start to construction of Piatt Place by developer Millcraft Industries. 75% of the retail space in the building is already taken and the rest is expected to be leased by the end of this year. The condos aren’t selling nearly as well, though. There are commitments on only 14 of 65.
Piatt Place breaks ground
January 19th, 2007 · 1 Comment
Tags: Commercial Real Estate · Condos · Downtown · Fifth Forbes · Piatt Place · Pittsburgh · Real Estate
1 response so far ↓
1 Mike // Apr 6, 2007 at 2:17 am
Sales should do much better after the shops open. They should do all the residential framing and wiring now, if they can afford to, and concentrate mainly on leasing the commercial space for now. Then, later, they can concentrate on sales and probably raise the prices for the condos.
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