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King Penguin to Acquire Second Office Tower in Downtown Pittsburgh

King Penguin to Acquire Second Office Tower in Downtown Pittsburgh

New York-based King Penguin Opportunity Fund has reached an agreement with Union Real Estate Company to acquire the 19-story Allegheny Building in downtown Pittsburgh.…

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$26M Mixed-Income Housing Project Coming to Larimer and East Liberty

$26M Mixed-Income Housing Project Coming to Larimer and East Liberty

Pittsburgh's Urban Redevelopment Authority is set to approve the construction of an 85-unit residential complex in an economically depressed area of Larimer Avenue and East Liberty Boulevard.…

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Planning Commission Green Lights New U.S. Steel Headquarters in Pittsburgh’s Lower Hill

Planning Commission Green Lights New U.S. Steel Headquarters in Pittsburgh’s Lower Hill

The Pittsburgh Planning Commission has approved the design and construction of the future U.S. Steel corporate headquarters at the former Civic Arena site in Pittsburgh's Lower Hill District.…

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Pittsburgh Prepares for Civic Arena Redevelopment

Pittsburgh Prepares for Civic Arena Redevelopment

City, county and state dignitaries marked the official construction start of the road and utility work at the site of the now-demolished Civic Arena in the city’s Lower Hill District.…

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Public Subsidy Supports Walnut Capital’s New Residential Project in East Liberty

Public Subsidy Supports Walnut Capital’s New Residential Project in East Liberty

A new 78-unit apartment and retail complex called The Penn at Walnut on Highland will soon rise in the heart of Pittsburgh’s East Liberty business district. Scheduled for completion by the summer of 2016, the six-story project will replace two small retail buildings with historic facades at the corner of…

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Revitalization of Downtown Pittsburgh Landmark to Bring Retail, Hotel and Apartments

Revitalization of Downtown Pittsburgh Landmark to Bring Retail, Hotel and Apartments

The iconic Macy’s building in downtown Pittsburgh could soon house a mix of retail, hotel space and high-end apartments.…

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144-Key Marriott Residence Inn Coming to Pittsburgh’s Oakland Neighborhood

144-Key Marriott Residence Inn Coming to Pittsburgh’s Oakland Neighborhood

A new Marriott Residence Inn could soon rise in the city’s Oakland neighborhood.…

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Faros Properties Acquires Controlling Interest in Pittsburgh’s Allegheny Center Office Complex

Faros Properties Acquires Controlling Interest in Pittsburgh’s Allegheny Center Office Complex

The 1.2-million-square-foot office and parking complex at Allegheny Center on the city’s North Side has a new owner.…

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Major Multifamily Development Planned at Pittsburgh Technology Center in Oakland

Major Multifamily Development Planned at Pittsburgh Technology Center in Oakland

Walnut Capital, the developer of the Bakery Square projects in Larimer and Shadyside, is proposing the construction of 352 market-rate apartments within the Pittsburgh Technology Center along Second Avenue in the city’s Oakland neighborhood.…

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Millcraft Investments JV Plans Condos, Parking and Retail in Downtown Pittsburgh

Millcraft Investments JV Plans Condos, Parking and Retail in Downtown Pittsburgh

In a joint venture with McKnight Realty Partners, Millcraft Investments is proposing the construction of a mixed-use residential complex at the site of the former Saks Department Store in downtown Pittsburgh.…

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Village Green Begins Construction on New Apartment Asset in Pittsburgh

Village Green Begins Construction on New Apartment Asset in Pittsburgh

Village Green recently broke ground on a six-story, 264-unit luxury apartment and retail complex at SouthSide Works in Pittsburgh. The new development called Southside Works City Apartments will be rising at the corner of Sidney and 26th streets, on a 2.45-acre parcel owned by the Soffer Organization.…

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Walnut Capital Ready to Expand Office Component at Bakery Square 2.0

Walnut Capital Ready to Expand Office Component at Bakery Square 2.0

As the first office building currently under construction at the Bakery Square 2.0 mixed-use complex in Pittsburgh’s East End is almost completely leased, Walnut Capital is ready to embark on the project’s expansion.…

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