Walnut Capital’s new Bakery Living apartments in Shadyside boast a myriad of amenities, including a dog-washing station and complimentary coffee and cookies every day.
After a year-and-a-half of construction, the 175-unit apartment building opened this month and is already 60 percent occupied, according to managing partner Gregg Perelman. Rents for micro, studio, one-bedroom and two-bedroom units range from $1,200 to $3,200 a month (http://bakeryliving.com/).
The apartments are targeted toward young professionals. “They’re doctors, they’re lawyers, they’re young professionals new to Pittsburgh,” Mr. Perelman said.
Tour showcases luxury apartments at Bakery Living
Walnut Capital CEO Gregg Perelman leads a tour of Bakery Living, the new luxury apartments across from Bakery Square in East Liberty. Amenities include a dog-bathing area, home theaters and all-seasons pool. (Video by Nate Guidry; 6/12/2014)
Bakery Square is right across the street, but it isn’t the main attraction for many tenants, he said.
“The great statistic I can talk about is 50 percent of people renting from us have never been to Bakery Square. They might have heard of it or driven by, but they’ve gone on our website and we’ve been able to sell them with great staff and great people and have them commit to an apartment even before they’ve seen it built.”
Other amenities include an indoor-outdoor pool and fireplace, two media rooms with flatscreen televisions, and regular events such as Bloody Mary brunches and cookouts.
“People come to Pittsburgh. They’re new and they want to meet people,” Mr. Perelman said.
Kate Mishkin: email@example.com or 412-263-1352.