Developers seek changes in Edgewater at Oakmont plans
Plans for commercial property at the Edgewater at Oakmont development are taking shape.
Murrysville developer Kacin Companies has proposed about 40,000 square feet of commercial space on Allegheny Avenue.
About 25,000 square feet is to include a bank, restaurant, office space and three or four other businesses. A parking lot with about 115 spaces is also planned.
Kacin has asked the borough's permission to change its original plans for the commercial space as well as portions of the residential development. The company submitted the site plans at a recent public hearing.
Oakmont Council approved the residential changes and has 30 days to decide on the commercial space plans. However, changes at Edgewater are on council's agenda for a special meeting at 7 p.m. on Thursday.
Kacin wants to lease about 20,000 square feet of commercial space where the current sales office is located, eliminate 15 apartments above the businesses and reconfigure one portion of the retail space for sale.
Bruce Corna, vice president of Kacin Communities, said they have commitments from several retailers, but declined to identify the companies because talks are ongoing.
He said they anticipate the commercial space will be completed by this time next year.
Oakmont Mayor Robert Fescemyer said he's hoping Kacin can reach an agreement with a grocery store. It's something the community needs, he said.
“There's been talk about it, but some said it wasn't a big enough area to put a grocery store in,” Fescemyer said. “I'd like to see that become a reality.”
Among the proposed residential changes are:
• replacing four paired homes near the river with three single-family homes;
• replacing 18 condos near Allegheny Avenue with five townhouses;
• eliminating three or four townhouses located behind proposed commercial space;
• replacing a 54-unit condominium building at the center of the development with 63 apartments.
Jason Corna, broker for Edgewater, said the residential changes are in line with current market conditions and aimed at offering the types of homes in which potential residents have expressed interest.
“We saw a strong upscale rental market here,” Corna said of the inclusion of apartments. He added that extra square footage near the retail area enabled them to include additional townhouses.
In the past 2 1⁄2 years, 92 homes have been sold.
That's about half of the available lots.
“We're just ecstatic at how it's grown,” Corna said. “It's gone from a development and turned into a community.”
Jodi Weigand is a staff writer for Trib Total Media. She can be reached at 724-226-4702 or firstname.lastname@example.org.