TOP PITTSBURGH NEWS | Week Ending October 30

$40 million mall conversion project hosts ribbon cutting, celebrates new retail tenants

A joint venture strategy to convert the enclosed Washington Crown Center mall into the open-air Franklin Crossroads Park marked the occasion with an outdoor ribbon cutting.

With a newly paved parking lot, and a couple newcomers among the lineup of stores, Cleveland-based PREP Funds principal Chris Salata spoke of the different strategy his firm has pursued with partner Industrial Realty Group…Read More

Wegmans Food Markets confirms second Pittsburgh-area store

Only a few days after the AMC Classic Mount Lebanon 6 cineplex screened its last film, Wegmans Food Markets⁠ lifted the curtain on its latest store to come to western Pennsylvania.

In a joint announcement, Washington, D.C.-based Roadside Development⁠ and Wegmans confirmed that a Wegmans store will become a new anchor tenant at the Galleria of Mt. Lebanon…Read More

Silicon Valley AI infrastructure firm sets up shop at Bakery Square

Credo Technology Group Holding Ltd. (NASDAQ: CRDO), a San Jose-based AI infrastructure firm amid a booming growth run, is officially a presence in Pittsburgh after opening a 13,000-square-foot office at Bakery Office Two within the Bakery Square complex.

The newcomer from Silicon Valley entered the region last month, and is now open for business. According to a release from the company, Credo joins the Pittsburgh AI industry here as a company advancing semiconductor capabilities through copper and “optical interconnect technologies” that has made the firm a favored stock on Wall Street…Read More

Investor buys former St. Mary’s campus in Lawrenceville for $2M, plans still unclear

Jamin Gross is fully aware of the sacred ground he’s tip-toeing through as the new owner of a former church.

As the investor behind the Phase II LLC that recently closed on buying the three-building former St. Mary’s campus in the 9th ward of Lawrenceville, Gross quickly made clear that he doesn’t have a redevelopment plan yet in place…Read More

Zeff to move local coffee shop at Liberty Center into former Starbucks space

Ken Zeff can count himself a veteran of replacing Starbucks⁠ stores.

Whether it was with his previous Crazy Mocha Coffee Co.or his current Yinz Coffee, Zeff is poised to take over the third location of a vacated Starbucks in the new year.

Zeff reports he has reached an agreement with the new ownership of Liberty Center to lease the approximately 1,500 square feet of a closed Starbucks in which to establish a Yinz Coffee…Read More