Riverlife’s ongoing roundup of current riverfront real estate and open space development news
STRIP DISTRICT
Laurel Communities purchased four parcels of property near the Allegheny River in Pittsburgh’s Strip District neighborhood from The Buncher Company to advance Laurel’s Strip District Brownstones project. The parcels sit between the Produce Terminal and Waterfront Place, the road constructed as part of Buncher’s Riverfront Landing development project. Laurel Communities is working with Pittsburgh architecture firm Rothschild Doyno Collaborative to design the 46 brownstone-style townhomes, and plans presented to Pittsburgh’s Planning Commission commit to preserving pedestrian access to the Allegheny riverfront. Construction has begun with completion of the townhomes anticipated within two years.
NORTH SHORE
The Pittsburgh Post-Gazette reported this week that residential units may be back in Continental Real Estate Company’s plans for development of a parcel on the North Shore adjacent to the Allegheny River. Known as “Lot 4,” the parcel sits along North Shore Drive next to the Hyatt Place Hotel and PNC Park. Continental has been working to develop the riverfront property between PNC Park and Heinz Field since the two stadiums were constructed in the early 2000s. Continental proposed that the residential development could include street level retail and dining.
The development would join another Continental project, the seven-story riverfront office building currently under construction across the street for software engineering firm SAP. Project partners for that building worked with Riverlife staff to incorporate public amenities for trail users like restrooms and bike facilities into the project. Completion of the SAP building is anticipated for early 2019.
Top image: Strip District Brownstones rendering by Rothschild Doyno Collaborative
