The Strip District is re-emerging as a residential neighborhood and developer Brian Schreiber is the latest to get in on the action.
Schreiber and his Shadyside-based Schreiber Real Estate
will construct a 59-unit apartment building at 1100 Smallman Street, right where the Strip meets Downtown. The structure, which will stand six stories, will encompass a building Schreiber currently owns at the address in addition to an entirely new structure.
“It’s really within the central business district, so it’s well-suited to people who work there,” Schreiber says.
The complex Schreiber is currently calling 1100 Smallman will contain about 60,000 square feet. About two-thirds of the building will be one-bedroom units, and the other third will be comprised of two-bedroom apartments. Each unit will have one bathroom per bedroom. 1100 Smallman will include on-site parking, exercise facilities, a partial roof garden, community rooms and outdoor deck areas.
Art Lubetz’s Front Studio Architects
will serve as the designing firm. The parties haven’t yet agreed on a contractor, and Schreiber says he’ll likely choose a leasing agent by the middle of next year. Schreiber says he anticipates rents at 1100 Smallman to range between $1,400 and $1,800 per month. Lubetz is also designing the condos at nearby 1135 Penn
, which will be ready offer significant tax credits and will be ready in a few months.
1100 Smallman will not touch any part of Schreiber’s nearby properties, including the buildings housing popular restaurants Eleven and Lidia’s Pittsburgh
The apartment building is scheduled to be completed by either late winter or early spring of 2015.
Writer: Matthew Wein
Source: Brian Schreiber