Call it a groundbreaking with a creative twist. Marking the start of construction on Downtown’s latest mixed-use development,
Millcraft Industries is hosting
Disco Live on Oct. 8 in Market Square.
The free social event—aimed at introducing urban professionals and the city’s workforce to the Downtown’s latest residential offerings—kicks off construction at MarketSquare Place.
The $35 million project, housed within the former G.C. Murphy, will feature 46 loft-style rental ranging in size from 700 to 2,500 square feet and starting at $700. The property’s 75,000 square feet of retail space will include the YMCA’s new 45,000-square-foot headquarters. Designed by Pittsburgh-based
Strada, the project will seek LEED certification. Contractor is Tedco.
“It’s an exiting time for Downtown. The fantastic new programs happening in Market Square, which is cleaner and safer, are kicking off something big,” says Lucas Piatt, with project developer, Canonsburg-based Millcraft Industries. “2009 is going to be a banner year for Fifth Avenue, with the Fairmont opening and new corporate clientele coming into Downtown.”
Piatt is discussing retail opportunities with spas and salons, deli-style restaurants and a high-end tapas lounge. “The key is to balance local purveyors with national shops,” adds Piatt, who says MarketSquare Place will open in summer 2009. “The goal is to create a boutique neighborhood.” The project, which received historic and new market tax credits, is financed through US Bank.
An official groundbreaking ceremony will start at 5 p.m. The event will feature street performers, dancing, prizes, and a 7 p.m. set by Pittsburgh-based disco-themed band Dancing Queen. To reserve special group seating, call 412-281-6560.
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Jennifer BaronSource: Lucas Piatt, vice president, Millcraft Industries, Inc.; Christian Boscherini, marketing manager, MarkIT Group
Image courtesy Strada