Major residential developments in East Liberty and Mt. Washington are wrapping up project financing.
On Jan. 15, the
Urban Redevelopment Authority (URA)’s board authorized final financing for East Liberty Place North. Located on the former East Mall Apartments site along Penn Ave., the four-story project will include 54 income-restricted and market rate rental units and 11,000 square feet of retail. One- and two-bedroom apartments will feature Energy Star appliances and eco-friendly interiors, while building amenities include a fitness center, tot lot and on-site parking.
“They hope to start within thirty days. There’s a final piece of
PHFA financing to work out, then they’re ready to roll,” says Megan Stearman, with the URA, which is working with
The Community Builders,
East Liberty Development Inc., and Coalition of Organized Residents of East Liberty. “We’re really excited to get this moving. The retail space can be rented as a whole or subdivided.” Designed by
Strada, the $12 million project will seek LEED certification for Homes Mid-rise. Contractor is
Sota Construction Services.
Also in East Liberty, the URA board approved the creation of a TIF district along Penn Ave. and Broad St., where a
Target store is slated to open in 2011. “This will help pay for infrastructure improvements,” adds Stearman, who says the $7 million project is seeking $2 million in state funds. “This piece is part of a partnership with
Mosites and ELDI, and their community master plan.”
Also authorized was financing for the former 155,000-square-foot South Hills High School on Mt. Washington, under development by
a.m. Rodriguez Associates. Designed by
Rothschild Doyno Collaborative and Laura Nettleton, the $22.5 million green reuse will feature 106 senior apartments, 15,000 square feet of retail, and amenities like a library, wellness center and hair salon.
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Jennifer BaronSource: Megan Stearman,
The Urban Redevelopment Authority of Pittsburgh Image courtesy The Urban Redevelopment Authority of Pittsburgh