The vacancy rate for office space in the downtown area of Pittsburgh in 2006 was up 2% to 20%, according to a report issued by Grubb & Ellis and reported in the Pittsburgh Post-Gazette.
More interesting is the concluding paragraph of the Post-Gazette article, which suggests that the redevelopment of the Fifth-Forbes corridor, between the construction [...]
Entries Tagged as 'Downtown'
Vacancy Rate for Commercial Office Space
January 17th, 2007 · No Comments
Tags: Commercial Real Estate · Downtown · Fifth Forbes · Pittsburgh · Real Estate
Downtown Apartments or Condos?
November 30th, 2006 · 1 Comment
The latest news in the redevelopment of the Fifth-Forbes area by Millcraft Industries is that there will be no condos, according to a Pittsburgh Post-Gazette article. Instead, the developers are planning to construct apartments to capture historic tax credits.
I’m surprised that they can’t make the economics work for a downtown development with condominiums. There seem to [...]
Tags: Condos · Downtown · Fifth Forbes · URA
Celebrate Light Up Night Pittsburgh
November 17th, 2006 · No Comments
Check the schedule of activities in the Pittsburgh Post-Gazette or the Pittsburgh Tribune-Review.
Tags: Downtown · Pittsburgh · Things to Do
Urban living in Pittsburgh
October 23rd, 2006 · No Comments
There’s an article today in the Pittsburgh Post-Gazette (here) about urban living in Pittsburgh. It tells the story of Artists and Cities, Inc., a non-profit real estate development organization in Pittsburgh that develops communities for artists to live and work. Bravo!
I was surprised to see it this morning because just last night I found a [...]
Tags: Downtown · Pittsburgh
Downtown Pittsburgh Housing Developments
September 26th, 2006 · No Comments
According to the Pittsburgh Post-Gazette, 246 condos are under construction or in final development in the downtown area, and another 1300 condominiums and apartments are being planned. If they’re right that the downtown housing demand among young professionals exceeds the supply, then their article title is right on the money: Downtown housing boom no illusion.
The [...]
Tags: Condos · Downtown · Fifth Forbes · Housing Market · Neighborhoods · Pittsburgh · Uncategorized
Pittsburgh real estate news
July 13th, 2006 · No Comments
The continuing progress of Pittsburgh in development seems to be the story after the All-Star Game, at least according to the Pittsburgh Post-Gazette:
Point State Park is set to get a major renovation next year. Local events like the Arts Festival and Three Rivers Regatta are searching for new venues.
City & business leaders are hopeful that the mayor’s illness won’t [...]
Tags: Downtown · Jefferson Hills · Point State Park · URA
Pittsburgh real estate news
July 11th, 2006 · No Comments
Bar study continues with reckless abandon for me! The exam is two weeks from today. Here is the news I’ve missed while I’ve been busy:
Pittsburgh will shine tonight: Businesses, particularly those visible from the stadium, have been asked to keep their lights on in exterior windows for the All-Star Game tonight.
There is a map of historical [...]
Tags: Downtown · Housing Market · Penguins · Pittsburgh · Real Estate · Theater District
Hot topics in Pittsburgh news today
July 6th, 2006 · No Comments
From the Pittsburgh Post-Gazette:
1. Money needed to restore historic South Park homes.
2. Wall in Oakland from old Forbes Field to be rededicated tomorrow. More media coverage.
3. Wireless internet in downtown Pittsburgh coming by September. More coverage. Also covered in the Pittsburgh Business Times.
4. The City and County want a written agreement from casino bidders pledging to [...]
Tags: Downtown · Pittsburgh · Real Estate
Pittsburgh real estate news roundup from the holiday
July 5th, 2006 · No Comments
Pittsburgh Business Times
The Pittsburgh Cultural Trust will announce the developer for two blocks of Pittsburgh riverfront on Monday. More information on the Cultural District Riverfront Development is available on the Pittsburgh Cultural Trust website.
Pittsburgh Post-Gazette
Pittsburgh Cultural Trust renovating two historical buildings on Liberty Avenue.
Homes sold in Pittsburgh now need dye test.
Butler is looking for volunteer to help [...]
Tags: Commercial Real Estate · Condos · Downtown · Pittsburgh · Real Estate · Theater District