A boom in Downtown Pittsburgh residency could peak before its time unless better parking options turn up. The Pittsburgh Downtown Partnership’s 2014 scorecard reported property managers and developers are “experiencing hesitation from potential renters based on the lack of available parking for tenants Downtown.” Alco Parking president Merrill Stabile said the city needs approximately 1,500 more parking spaces to meet the demand.
With Downtown parking in a pinch, some of the city’s commuters have decided to take matters into their own feet. Pittsburgh is in the top three American cities in terms of residents who walk to work. Five years of statistics from the U.S. Census Bureau’s American Community Survey shows that 11.3 percent of Pittsburghers walk to work, trailing only Boston at 15.1 percent and Washington, D.C., at 12.1 percent.
Raising the bar
Walking or driving, city residents are never far from the nearest cold brew or hot slice. A story in the Post-Gazette’s special In the Lead section discusses statistics from Omaha, Neb.-based Infogroup Targeting Solutions that put Pittsburgh at the top of the nation in terms of cities with the most bars per resident. Pittsburgh features 12 bars per 10,000 residents and only slightly fewer pizza restaurants, with 10 per 10,000 residents. The city’s ranking for pizza places per capita is second only to Orlando, Fla.
Cheap imports in the steel industry could threaten thousands of jobs statewide, according to a report by the Economic Policy Institute and Washington D.C.-based law firm Stewart and Stewart. Approximately 4,200 steel workers lost jobs nationally since 2012, including 250 in Pennsylvania.
Quote of the Week
"It’s really like the Coliseum. You’re going to be in head-to-head combat. One is going to win, and it’s a significant amount of service prizes.“
– John Whitehall, chairman of the MIT executive committee, on the MIT Enterprise Forum’s annual Elevator Pitch Fest
For these and other stories, go to www.post-gazette.com/businessnews.
Deborah M. Todd: email@example.com or 412-263-1652.