TribLIVE

| News


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

6 Pittsburgh projects to get $16M in state assistance grants

Saturday, Feb. 9, 2013, 12:01 a.m.
 

Six development projects in Pittsburgh are slated to receive a combined $16.75 million in state grants this year.

A plan to redevelop the 28-acre site of the Civic Arena in the Hill District will receive $5 million, the maximum amount available under rules instituted by Gov. Tom Corbett for the state's Regional Assistance Capital Program.

The Pittsburgh Penguins have proposed building a mix of offices, housing and entertainment venues on the site, which is now a parking lot.

Before that can happen, the city-county Sports & Exhibition Authority, which owns the land, must install utility lines, roads, street lights and more.

The RACP money will go to the SEA, which had sought $15 million. It has estimated $40 million would be needed to prepare the site.

Corbett's administration is expected to announce details next week of nearly $124.75 million in funding awarded to 54 projects.

There were 175 projects seeking nearly $765 million in 2012. Corbett, a Republican, set a $125 million cap to reduce the state's borrowing to support the program.

Bakery Square 2.0, a $100 million office and housing development in East Liberty, will receive $4 million to defray the cost of buying and demolishing the former Reizenstein Middle School on the site.

Millcraft Investment Inc. of Cecil, the developer behind the $82 million Gardens at Market Square project, will receive $4 million to put toward an 18-story Downtown office, retail and hotel complex.

In addition, the Heinz History Center in the Strip District is due to receive $2 million to convert a building on Penn Avenue near the museum into an artifact preservation and archive conservation center.

Another $1 million will go to Elmhurst Co., a development firm working on a seven-story, high-end office building in Oakland, and $750,000 will go to the city Urban Redevelopment Authority to help renovate a training facility in Duquesne Heights used by the Steamfitters Local 449 labor union.

Jeremy Boren is a staff writer for Trib Total Media. He can be reached at 412-320-7935 or jboren@tribweb.com.

 

 

 
 


Show commenting policy

Most-Read Allegheny

  1. Allegheny County will stop asking about employees’ criminal history, Fitzgerald says
  2. U.S. Steel Tower tenants stand to benefit from company’s relocation
  3. Lower gas prices entice motorists to drive long distances for Thanksgiving
  4. State leaders give input on budget woes at Pittsburgh meeting
  5. Newsmaker: Sister Rita Yeasted
  6. U.S. Steel to relocate corporate headquarters on former Civic Arena site
  7. Judges with Pittsburgh ties enter race for Pa. Supreme Court
  8. Brentwood police chief to get nearly $200K as part of settlement agreement with borough
  9. La Roche College to accept up to 90 credits from community college students
  10. Alcoa judgement helps U.S. Attorney’s Office collect 5 times its budget
Subscribe today! Click here for our subscription offers.