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Mar. 15, 2013

Pittsburgh Public Market Moving to Improved Facility on Penn Avenue

By Adriana Pop, Associate Editor

This summer, the Pittsburgh Public Market will relocate from 12,000 square feet in the Pennsylvania Fruit Auction & Sales Terminal Building, on Smallman Street, to a much larger space, also in the Strip District.

The Pittsburgh Business Times reports that Neighbors in the Strip, the community organization that operates the public market, has closed on the lease of a 27,000-square-foot brick building at 2401 Penn Avenue. At its new location, the market will be able to add amenities such as a commercial kitchen, air conditioning, heating and restrooms.

“The Pittsburgh Public Market’s move further up Penn Avenue will make the corridor more walkable and attractive to pedestrians and shoppers, and will further expand the business district,” Mayor Luke Ravenstahl said in a press statement. “This is exactly what Pittsburgh’s Third Renaissance is about—growing businesses, improving our neighborhoods and creating jobs.”

In January, the city’s Urban Redevelopment Authority approved a $40,000 grant to support the market’s relocation and pre-development. Since it was founded in 2010, the Pittsburgh Public Market has served as an incubator for local entrepreneurs, supporting the establishment of more than 70 businesses. It has also led to the creation of more than 130 jobs.

In other local news, United Lender Services, Corp. (ULS) has moved to newly renovated Class A corporate office space in Pittsburgh. The company currently occupies 48,000 square feet at 1000 Commerce Drive, Park Place One in RIDC Parkway West.

Headquartered in Pittsburgh, ULS is a national provider of mortgage solutions. The company has approximately 130 employees and plans to add another 160 people to accommodate its rapid growth. ULS’ parent company, San Antonio-based USAA Real Estate Company, purchased Park Place One and its sister property in February.

Photo credits: http://www.showcase.com