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Development News

Developments to watch from the new administration

After taking the oath of office Monday, Pittsburgh Mayor Bill Peduto pledged in his inaugural address to “build the Next Pittsburgh.” Here are two major building projects initiated on Luke Ravenstahl’s watch — one which could see some drastic changes, the other the new mayor will have the opportunity to help shape — before they become part of the Next Pittsburgh.

Riverfront Landing
The Buncher Company’s original $450 million plan to redevelop riverfront space in the Strip District included an office and residential complex, extending 17th Street all the way to the Allegheny River and demolishing about a third of the iconic produce terminal on Smallman Street in order to make it happen.

The plan has drawn criticism from historic preservationists who don’t want to see any part of the building razed. Yesterday, Buncher agreed to put its plans for the building on hold while it works with Peduto’s office to try and find a solution agreeable to both sides

City council tabled a vote in December which would have granted the terminal an historic landmark designation and made it vastly more difficult for anyone to damage it.

Peduto has said that he would like to see the terminal reused without demolishing any part of it, and has compared it to Seattle’s Pike Place Market, which before its overhaul was also scheduled for demolition.

Almono site
In November, city council approved an $80 million tax-increment financing plan (TIF) — the largest in Pittsburgh’s history for the site of the former LTV Coke Works in Hazelwood.

While contractors will likely spend most of 2014 grading and building interior roads and utilities on the 178-acre site, no plans for its actual development have been finalized.

Peduto has said that he would like development of the site to include significant green infrastructure to help manage stormwater runoff and alleviate some burden from the city’s already overloaded sewer system. Such measures could include canals, shallows and stormwater gardens and parks, like the one built last year in Larimer.

Writer: Matthew Wein
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