Pittsburgh Homes Daily

As I was reading about approval of the design for the new Pittsburgh Penguins arena, I decided to try to hunt down the actual design renderings online - which can be found here, complete with people and all.
In my search, I also found a webcam covering the construction zone, so you can watch [...]

[Read more →]

The Pittsburgh Business Times is hosting an online poll to find out which long awaited project Pittsburgh residents believe will be completed first.  Choices are:
1. Mon-Fayette Expressway
2. New Arena for Penguins
3. North Shore Connector
4. Don Barden’s North Shore Casino 
The results right now are overwhelmingly in favor of one project, but they really should have added these three other [...]

[Read more →]

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 [...]

[Read more →]

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 [...]

[Read more →]

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 [...]

[Read more →]

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 [...]

[Read more →]

The URA and Ferchill Group are in talks for a new building at the Pittsburgh Technology Center.  The URA has also set an October deadline for Millcraft and a 5th-Forbes redevelopment plan.
The Clark Building on Liberty Avenue, home to the Pittsburgh Culinary Institute, sold to a NY investor.
The Post-Gazette is excited about wireless downtown and the North Shore Connector.

[Read more →]