U.S. Steel won't discuss skyscraper move proposal
U.S. Steel declined on Monday to address speculation that it is no longer interested in becoming an anchor tenant at a proposed $238 million skyscraper on Smithfield Street.
“We're still exploring options and have nothing to announce at this time,” U.S. Steel spokesman Chuck Rice said in an email, declining further comment.
The steel giant's name surfaced as a potential anchor tenant when Oxford Development Co. unveiled plans in May 2012 to either build a 33-story office tower between Fifth and Forbes avenues or spend $40 million renovating an existing seven-story building there instead.
U.S. Steel's lease at the U.S. Steel Tower at 600 Grant St. expires in 2017.
To make the new skyscraper work, Oxford said it needed an anchor tenant to occupy at least 40 percent of the proposed 772,000-square-foot tower. Lacking one, Oxford said it would pursue the renovation.
Tenants who had been in the existing building at 441 Smithfield St. have moved out.
Sam Spatter contributed. Tom Fontaine is a staff writer for Trib Total Media.
Show commenting policy
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.
- Mylan CEO Bresch sets sights on growth
- UPMC buying New Castle-based Jameson Health System
- 2 top executives at Dick’s Sporting Goods to retire
- U.S. Steel to restructure Canadian subsidiary, halt 2 U.S. expansion projects
- EPA extends comment period on power plant proposal
- Tobacco growers forced to find profits as buyout checks end in October
- American Airlines agents vote to join union
- Fed speculation fuels stock gains; Dow rises 100 points
- Pa. considers $300,000 plan to clean polluted site in Kennedy
- Envelopes in Marriott hotels invite tips for maids
- UPS expects to hire up to 95K seasonal workers