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.

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)
  • Google
  • IBM
  • Intel
  • Microsoft
  • Uber