Get ready for Pittsburgh Live.
The entertainment and retail developer that was involved in the redevelopment of the Inner Harbor in Baltimore and a new entertainment district in Louisville, Ky., is close to securing land on Pittsburgh's North Shore.
David Cordish, chairman of The Cordish Co. in Baltimore, said Cordish Co. and Continental Real Estate Cos. are partnering to buy and lease several tracts of property between Heinz Field and PNC Park.
The development will be closer to Heinz Field than the baseball park, according to Mr. Cordish.
Continental and Cordish have been in negotiations for more than a year. Art Rooney II, Pittsburgh Steelers president, said through a spokeswoman that the negotiations were moving forward but not completed.
Cordish hopes to build one of its signature urban "Live" districts, which can be found in Louisville, Kansas City, Baltimore and elsewhere. "Power Plant Live!" in Baltimore and "4th Street Live!" in Louisville feature shops, clubs, restaurants and bars, many of which are chain or franchise outlets and can already be found in Pittsburgh.
Louisville's version, for example, has a Hard Rock Cafe, a Red Star tavern, a T.G.I. Friday's, Lucky Strike Lanes and a Saddle Ridge rock-n-country saloon.
Cordish also specializes in development around baseball stadiums, having designed retail and entertainment venues with the San Francisco Giants, the St. Louis Cardinals and the Washington Nationals. Mr. Cordish said the Pittsburgh Live development "will become a meeting place for the entire region."
Continental, meanwhile, is moving ahead with other developments on the North Shore. It hopes to open three new restaurants -- Hyde Park Prime Steakhouse, Calico Jack's Cantina and East Coast Saloon -- by this summer's baseball All-Star game.
