Three high-profile Pittsburgh projects are among 54 statewide that have been awarded state redevelopment capital assistance grants totaling $124.7 million by the Corbett administration.
The Pittsburgh-Allegheny County Sports & Exhibition Authority will receive a $5 million grant to help cover the cost of installing water, storm and sanitary sewers and other infrastructure in preparation for the redevelopment of the former Civic Arena site for housing and offices. The SEA had requested $15 million to help fund the estimated $40 million it needs for that work.
Developer Walnut Capital will get a $4 million grant for Bakery Square 2.0, a $120 million plus office, retail and residential project at the former Reizenstein School in the East End. Demolition already has started and construction of the first residential building is expected to start in the spring. Walnut Capital had requested $6 million.
Millcraft Industries also has received a $4 million grant for development of the Gardens at Market Square, an $81.8 million office, hotel and retail project on Forbes Avenue Downtown. It had asked for $5 million.
Other local projects receiving grants are the Heinz History Center Museum Support and Conservation Center, $2 million; Calgon Carbon UV Technologies Manufacturing expansion, $2 million; the Schenley Place office development, $1 million; and the Steamfitters Technology Center, $750,000.
Three big projects shut out in this round. They were the $238 million, 33-story skyscraper proposed by Oxford development Co., which had requested $15 million; a proposed world trade center office, research, and commercial development on 195 acres of land at Pittsburgh International Airport, which had requested $15 million; and a proposed office, research, industrial and flex space development at the former LTV coke works in Hazelwood, which had requested $8 million.mobilehome - breaking - state - businessnews
Mark Belko: firstname.lastname@example.org, 412-263-1262.