By Adriana Pop, Associate Editor
Dick’s Sporting Goods is planning to expand its corporate footprint in Findlay Township. According to the Pittsburgh Business Times, the company has reached an agreement with the Allegheny County Airport Authority to lease 73 acres at the Northfield Commerce Park, where development of a new facility is under consideration.
The Findlay-based sporting goods retailer intends to add at least 180,000 square feet of office space at the site by December 2015. The company currently operates a headquarters campus of 667,000 square feet, also located on airport authority property.
“I think it’s a great opportunity for the region. Dick’s has been a great corporate partner in the area for years. For them to make this kind of commitment and that they’re going to expand and stay in the region, I think it’s great for everybody,” Randy Forister, the airport authority’s director of development said in a press statement.
Founded in 1948 by Richard “Dick” Stack at the age of 18, Dick’s Sporting Goods has become one of the largest sporting goods retailers in the world.
In other news, the Urban Redevelopment Authority has unanimously approved more than $80 million in tax increment financing (TIF) for the nearly $1 billion redevelopment of the former LTV Steel site along the Monongahela River in Hazelwood.
The Pittsburgh Post-Gazette reports that the funds would be used to cover parts of the project’s infrastructure cost, which amounts to an estimated $133.1 million.
The brownfield redevelopment plan calls for 2 million square feet of office, research and development space, and approximately 1,500 residential units on 178 acres of land owned by a consortium of four local foundations called Almono LP.
Photo credits: www.merchantcircle.com