Two companies submit proposals to Dormont for new transit-oriented development
Two companies submitted proposals Friday to Dormont borough for a transit-oriented development between West Liberty Avenue and the Dormont Junction T station.
Dormont acquired the property earlier this year when it traded another parcel to #1 Cochran for the land. The swap cleared the way for a new car dealership for Cochran and room for a development project for the borough.
Trek Development and Fore Property Co. submitted proposals to the borough. Dormont and the Port Authority were seeking proposals for a mixed-use site that could include additional park-and-ride spaces.
Borough officials said they plan to include tax-increment-financing as part of the deal.
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