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Pittsburgh Commercial News | Week Ending November 10th, 2023

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The Urban Redevelopment Authority may not have received any bids in its first RFP process for a firm to redevelop the John C. Robin Building at 200 Ross Street.
 
But the authority is revising what was an Request For Proposals process to a Request for Qualifications one as it works to bring a key new source of public support for a building redevelopment considered an important one as the administration of Mayor Ed Gainey works to rejuvenate downtown into something more than an office address.
 
“I think we underestimated how complicated the building is from a development perspective,” said Tom Link, URA chief development officer, of the reason why the RFP process generated plenty of tours but no official bids…Read More
 
The Pittsburgh Zoning Board of Adjustment has shot down a plan to build a massive apartment complex at the former Shursave site in Bloomfield, leaving the project, which included a Giant Eagle, in limbo.
 
While the board approved a special exception for the grocery, it rejected the variances sought by developer Echo Realty to erect a six-story building at the site to house 248 apartments, the Giant Eagle, and a 318-space underground parking garage.
 
Echo needed the variances to build to 75 feet and six stories in a Local Neighborhood Commercial zoning district where the maximum height permitted is 45 feet and three stories. The building would have been nearly twice the size permitted…Read More
 
 
 
The 88-unit May Building at 111 Fifth Avenue downtown is poised to undergo its first substantial renovations since the 1970s.
 
That’s thanks to a $5 million grant from the Department of Housing and Urban Development and the Green and Resilient Retrofit Program implemented through the Inflation Reduction Act.
 
The property is owned by Boston-based Beacon Communities, an active affordable housing developer in the region that took ownership of the May Building as part of its 2017 buy of the portfolio of National Development Corp. that included 59 properties totaling 5,300 units…Read More
 
From the top floor of the FNB Financial Center, it’s possible to peek directly into PNC Park. The Downtown skyline unfolds before you, the office towers now your peers. The Hill District rises majestically toward Oakland, part of the Cathedral of Learning a silhouette against the bright blue sky.
 
“It really adds to the skyline,” said Craig Dunham, senior vice president of development for the Pittsburgh Penguins. “It sort of completes Downtown.”
 
Two years after breaking ground, the 26-story office tower — the first development project at the former Civic Arena site in the lower Hill — is progressing toward completion.
 
This week, the crane used to help piece together the building’s steel skeleton and glass facade will start coming down — another milestone in the $250 million project just off Washington Place…Read More
 
Pittsburgh’s Urban Redevelopment Authority is providing $3.6 million in loans to support a handful of affordable housing projects that will preserve 170 apartments.
 
The money is coming from the URA’s Housing Preservation Program, which the authority launched in April with $8.9 million in pandemic relief money.
 
Of the loans approved by the URA board on Thursday, the largest — $1.5 million — will go to the Allegheny YMCA in the Central Northside. The YMCA is partnering with nonprofit developer ACTION Housing to rehabilitate apartments there…Read More
 
 
The 96-year-old Allegheny YMCA on the North Side is in bad shape. There’s no central air conditioning in the summer. Twenty-one rooms can’t be used because of water damage. The building’s lone elevator doesn’t work. And it’s not accessible to those with disabilities. But help may finally be on the way.
 
Action Housing has teamed with the YMCA of Greater Pittsburgh to develop a $22.5 million plan to overhaul the six-story structure at 600 W. North Avenue.
 
And on Thursday, the Pittsburgh Urban Redevelopment Authority board is expected to vote on whether to authorize a $1.5 million housing preservation program loan to help fill a gap in the financing needed for the project…Read More

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