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WHAT’S GOING ON IN PITTSBURGH RIGHT NOW?
- Uber’s Advanced Technologies Group that tests self-driving cars is based in Pittsburgh.
- Amazon is expanding its existing office by 22,000 SF which will add 125 new tech jobs.
- The recent arrivals and expansions of Google, Uber, and Amazon help to accelerate the growing tech presence.
- CSX is finishing its $850 million rail terminal
- Shells $6 Billion plant is expected to be completed in 2020
- Eight new hospitals totaling $2.7 billion is underway or close to breaking ground
- The Civic Center Arena area in Uptown is expected to have a multi-phase redevelopment totaling $750 million and could bring 1,000+ new residents, office and retail.
- Pittsburgh’s Strip District has been under mass redevelopments which is expected to bring many housing units and businesses to the area.
- A new 48-acre Technology Center site is to be home to many academic, tech, innovation hubs and high tech buildings to the area.
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STRATEGIC LOCATION
- Three signature rivers make it the second largest inland port in the United States.
- Top-Ranked Pittsburgh International Airport has over 650 flights to key business destinations.
- Within 500 miles of 50+% of the US buying power and nearly half of the US population and aggregate income.
- Abundant and low cost feedstock of natural gas from the Marcellus Shale – the #1 shale gas play in the US.
- 70% of North American polyethylene market is within 700 miles making the region a strategic location for downstream manufacturing.
- Safety first – The Pittsburgh region has the lowest crime rate of the top 25 metropolitan areas in the U.S.
- Affordable housing – The average existing home sold for $118,000, or 43% below the national average.
- High-quality education – The region is home to 34 colleges and universities, including – Carnegie Mellon University and the University of Pittsburgh – that are consistently featured as among the best in the nation by U.S. News & World Report.
- Low cost of living – Pittsburgh’s cost of living is 93% of the national average.
- Ranked #1 as America’s Most Livable City by Rand McNally in 2007, Forbes in 2010 and The Economist in 2011, Pittsburgh, is one of the best places in the United States for good jobs, a great community and very affordable housing.
POISED FOR GROWTH
- 1,500 IT Firms
- 28,000 Employees
- Access to Tech Universities
- Median age 32.8
- $3B investment in R&D
- Apple explanding to 20,000 SF
- Facebook VR leasing 20,000 SF
- Amazon Explanding to double its size
- GE Making $39M investment in Center for Addictive Tech Advancement
- Uber Advanced Tech Center
WITH BRANDS SUCH AS
- Amazon
- Apple
- AutoDesk
- Bosch
- Disney
- Facebook (Oculus)
- IBM
- Intel
- Microsoft
- Uber
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