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Residential Living Complexes
New Developments
There's plenty developing Downtown. Plans are coming to fruition and they will change the city's landscape for the better.
One of the PDP's newest housing initiatives, The Vacant Upper Floor Loan Fund, is intended to stimulate the economic revitalization of downtown Pittsburgh by creating the opportunity for downtown housing among the buildings with vacant upper floors. These residential developments will create a diverse, lower cost supply of housing that will attract residents to the downtown. To learn about the PDP's Vacant Upper Floors Loan Plan, click here.
CENTRAL BUSINESS DISTRICT DEVELOPMENTS
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151 First Side
Construction is nearing completion for this 84-unit condominium building at Fort Pitt Boulevard and Chancery Way. The condominium is being developed by Ralph A. Falbo, Inc. with Zambrano Corporation and EQU Landmark Communities. The typical condo features two bedrooms with about 1,500 square feet. Each unit will have a terrace or balcony. The building's first four levels are for parking.
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The Carlyle
The Carlyle is the newest residential development project by the E.V. Bishoff Company. Located at the corner of 4th Avenue and Wood Street in the Union Bank Building, The Carlyle features 61 condominium units. Buyers can choose from six unique floor plans with a price range of approximately $200,000 to $500,000. This historic building offers the distinguished look of classic architecture, and the convenience and lifestyle of modern living.
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Piatt Place
Piatt Place is a majestic redesign of the former Lazarus department store, located at 301 Fifth Avenue. Plans for the building include a floor-to-ceiling natural-light atrium, street-level retail boutiques, a grocery market and a dining establishment. The second through fourth floors feature Class A+ office space that can be configured to accommodate virtually any type of professional business requirements. Private access to the upper levels reveals luxury rooftop condos with outdoor terraces and central lawn and garden, and condominiums with exterior balconies that provide panoramic vistas of the city. Prices range from $320,000 - $1.2 million.
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Market Square Place
Millcraft Industries has taken on the renovation of the historic G.C. Murphy building located on Market Square in Downtown Pittsburgh. Millcraft plans to keep the exteriors and the floors of the seven contiguous buildings intact, while developing 60,000 square feet of stores, 42 apartments, and 42 basement parking spaces. The apartments, ranging in size from 700 to 2,000 square feet, will have rents ranging from $750 to $1,400. Occupancy is slated for winter of 2008.
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The Granite Building
The developer, Holly Brubach, purchased The Granite Building in December, 2005. She is converting the historical landmark, which was originally constructed for use as a bank in 1889, to residential use and developing the units as condominiums. Located in the Cultural District, opposite the Wood Street Galleries, the Granite Building offers close proximity to Downtown theaters, restaurants, and nightlife. Each floor is roughly 3,000 sq. ft. and contains just one unit.
CULTURAL DISTRICT DEVELOPMENTS
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941 Penn Avenue
Nestled within the heart of Pittsburgh’s Cultural District, 941 Penn Avenue is one of the latest residential developments in an adapted and expanded historic warehouse building. The architecture of 941 Penn Avenue retains the original vast high ceilings, large windows and open spaces while preserving the coziness of a limited 17 residences with only 2 units per floor. Buyers have the unique opportunity to customize their floor plan.
For more information, please visit www.941PennAvenue.com.
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