Construction to begin this month on new North Shore offices, restaurants
By Sam Spatter
Published: Monday, Aug. 5, 2013, 11:12 a.m.
Construction is expected to begin this month on North Shore I and II, a 120,000-square-foot two-building development on the North Shore between PNC Park and Heinz Field.
The buyer, North Shore Developers 2013 LP, is a partnership of Continental Real Estate Cos. of Columbus, the Pittsburgh Steelers and the Pittsburgh Pirates. The ownership group paid $1.1 million for the site on North Shore Drive, according to a deed filed in Allegheny County.
Alco Parking Corp. president Merrill Stabile, partnering with Al Neyer Inc., had offered to pay $10 million for the site and build a 10-story office tower.
Instead, the developer will build a structure which will have 80,000 square feet of office space and 40,000 square feet of retail space on the first level of the three-story buildings, where Toby Keith's I Love This Bar and Grill, North Park Lounge and Cabana Bar, and Burgatory restaurants are scheduled to open.
No office tenant yet has been announced.
Barry Ford, president of development for Continental, has said the complex should be completed by September 2014.
North Shore Developers have leased the property to North Shore Place Partners LLC, which represents of the same three principals, for $1.2 million.
The dual action will mean $46,052 in transfer taxes would be paid to the city, $23,026 to Pittsburgh Public Schools and $23,026 to the state for a total of $92,104.
Sam Spatter is a staff writer for Trib Total Media. He can be reached at 412-320-7843.
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.
- Schmotzer says he got things done in Baldwin-Whitehall job
- Emails reveal 2 sides of Western Psych shooter’s relationships
- Heyl: Potato rules get pancaked
- Kovacevic: Keeping faith in Letang is simple
- Mandela’s long memory left lasting impression on Pitt professor
- Ex-employees to split $9,176 in pension mess
- County takes lead on Monsour demolition
- Steelers lineman Adams gets 2nd chance to start
- Workers injured at facility for youths
- Westmoreland Manor manager gets 3-month extension
- Veterans’ wait for World War II memorial to end soon with dedication of North Shore monument