Share This Page

Castle Shannon project financing OKd

| Friday, Feb. 22, 2013, 4:33 p.m.

The final financing piece for the $35.8 million Shannon Transit Village project, to be built at the Castle Shannon light-rail station, has been approved.

The Redevelopment Authority of Allegheny County on Friday authorized its staff to obtain $5 million in tax increment financing for the project, which will have a 128-unit apartment building and parking deck.

All three taxing bodies — Castle Shannon, Keystone Oaks school district and Allegheny County — have approved the financing, which ends a more than 10-year effort to get the project started.

State Sen. Wayne Fontana, D-Brookline, said the development could lead to similar projects at Dormont and Beechview T stations.

JRA Development of the Strip District is the developer of the 6.6-acre site, located along Castle Shannon Boulevard.

TribLIVE commenting policy

You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.

We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.

While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.

We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers

We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.

We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.

We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.

We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.