A $41.5 million transit-oriented development could soon come to the South Hills Village T station. A tentative agreement was announced last week between the Port Authority and Massaro Dawson Group to develop 6.43 acres of surface parking lot in Bethel Park into a community that includes 320 apartment units and a clubhouse.
Allegheny County Executive Rich Fitzgerald announced the deal last Wednesday. He says the goal of transit-oriented development is to create compact, livable communities centered around a high quality transit system.
“Massaro Dawson Group has put forward an exciting plan to develop a 298,000 square-foot residential complex at the South Hills Village T Station, and we look forward to working with them to make this vision a reality,” he said in a statement.
The Port Authority Planning & Stakeholder Relations Committee has endorsed the project, and it now moves to the full Board of Directors for consideration. If approved, Port Authority management, along with the Redevelopment Authority of Allegheny County, will enter an exclusive negotiation period with the developer to determine final terms and conditions.
Final review and approval will be provided by the Board and the Federal Transit Administration. According to spokesperson Amie Downs, Fitzgerald’s office fully expects the Board to endorse and approve the project. Twice before similar projects at this site have failed to materialize.
In exchange for development rights and use of 160 parking spaces in the garage, Massaro Dawson has proposed a 52-year lease with Port Authority totaling $5,576,218. Exact terms of the agreement will be determined during the negotiating period.
In April, the Redevelopment Authority and the Port Authority issued a Request for Development Proposals for this site. Massaro Dawson’s proposal was selected as the most responsible and highest rated proposal by an evaluation committee.
Dennis Davin, County Director of Economic Development, expects a formal development agreement to be reached by early next year.
Writer: Andrew Moore
Source: Amie Downs, Dennis Davin