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Entries Tagged as 'Commercial Real Estate'

Pittsburgh’s Real Estate Market – From Worst to First

January 26th, 2009 · 16 Comments

Both Pittsburgh’s residential real estate market and commercial real estate market have received praise for their strength in recent days. Moody’s ranked the Pittsburgh commercial real estate market the best in the nation in its latest survey of the market in 60 metropolitan regions. Back in 2005, it was ranked among the worst for owners […]

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Tags: Commercial Real Estate · Housing Market · Personal · Real Estate · Why Pittsburgh

Is the Baum-Centre Corridor Prime Real Estate?

August 27th, 2008 · 17 Comments

Apparently, community leaders around the Baum-Centre Corridor are attempting to get Giant Eagle to put a new shine on a GetGo gas station (discussed in the Tribune-Review). But Giant Eagle’s efforts to create an inviting and innovative gas station convenience store mix aren’t nearly as interesting (since we’ve heard them before) as this comment on […]

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Tags: Commercial Real Estate · East Liberty · Lawrenceville · Pittsburgh · Real Estate · Shadyside

Pittsburgh’s Commercial Real Estate Market

August 22nd, 2008 · 7 Comments

After writing yesterday’s post about Pittsburgh’s economy, I did a quick search of the local newspapers to see how the commercial real estate market was doing in the Pittsburgh region. Despite concerns around the nation that commercial real estate will follow the downtrend in the nation’s residential housing market, and the postponement of the downtown […]

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Tags: Commercial Real Estate · Downtown · Hill District · Lawrenceville · Pittsburgh · Real Estate

Pittsburgh Casino Construction Resumes on North Shore

August 20th, 2008 · 11 Comments

Construction workers should be back to work on the North Shore of Pittsburgh casino by the time you are reading this post. Holdings Acquisition, headed by billionaire Chicago businessman Neil Bluhm, closed on the financing for the purchase of 75% of the Majestic Star Casino in Pittsburgh after construction stopped on the project in June […]

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Tags: casino · Commercial Real Estate · Hill District · North Shore · Penguins · Pittsburgh · Real Estate

Progress on Federal North Redevelopment Project

August 16th, 2008 · 10 Comments

The Urban Redevelopment Authority on Thursday gave Aiello Development and the JRA Development Group exclusive rights to produce architectural plans for six parcels in the Federal North Corridor near the Garden Theater, as well as develop a budget and secure tenants, for six months (with the possibility of a six month extension). Their plans for […]

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Tags: City of Pittsburgh · Commercial Real Estate · Federal North · Mexican War Streets · URA

RiverParc Suspended

June 2nd, 2008 · 10 Comments

The downtown Pittsburgh cultural district project that was once called one of the linchpins of the revitalization of the City of Pittsburgh and a project without equal in the United States was indefinitely suspended last month by the Pittsburgh Cultural Trust. The Pittsburgh Cultural Trust blamed the poor economy and credit markets as the cause […]

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Tags: Commercial Real Estate · Downtown · Financing · Pittsburgh · Real Estate · Theater District

North Shore Hotel Approved

May 22nd, 2008 · 14 Comments

Development on Pittsburgh’s North Shore continues. The Pittsburgh Planning Commission approved the Hyatt Place hotel near PNC Park despite the opposition of Pittsburgh United, which will have an opportunity to air its concerns in front of the Pittsburgh City Council. The nearby Marriott Residence Inn on the North Shore broke ground this month and is […]

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Tags: Commercial Real Estate · hotels · North Shore · Pittsburgh

Pittsburgh Hotels Planned in Moon Township

May 12th, 2008 · 12 Comments

DiCicco Development announced Friday that two additional Pittsburgh airport hotels, a 128 hotel room Hilton Garden Suites and a 101 hotel room Homewood Suites, will be built adjacent to each other in its 22 acre Scott Station real estate development in Moon Twp. The developer is still looking for interest in 100,000 sq. ft. of […]

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Tags: Commercial Real Estate · hotels · Moon Twp

New Penguins Arena Transparency

June 5th, 2007 · No Comments

Last night, the Urban Design Associates and the Pittsburgh Penguins held a meeting to get input from residents on the development of the new Penguins arena. Architect Don Carter, President of Urban Design Associates, indicated to the Pittsburgh Post-Gazette that the doors are wide open for public participation. Sounded nice. Until I started thinking about […]

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Tags: Commercial Real Estate · Downtown · Hill District · Penguins · Pittsburgh · Real Estate · Sports · technology

Downtown Pittsburgh Revitalization: Is the YMCA move really a big deal?

June 4th, 2007 · No Comments

The Post-Gazette celebrates the announcement of the move of the Downtown YMCA from 330 Blvd. of the Allies to Millcraft’s Market Square Project.  The editorial says, “It will be a boost to the heart of the Golden Triangle.” Total distance the facility is moving: ~ 1/4 mile.  I mapped it on Google and if you […]

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Tags: Commercial Real Estate · Downtown · Market Square · Pittsburgh · Real Estate