3 high-tech Allegheny County projects need tax dollars
Allegheny County Executive Rich Fitzgerald plans to ask County Council to approve at least three development projects that taxpayers might help finance.
Among the largest is an $80 million tax-increment financing plan for a Hazelwood redevelopment project at the site of a former LTV Steel plant. Nonprofit developer Almono LP wants to build a mix of high-tech office buildings, housing and park space on 178 acres along the Monongahela River.
“I'm very enthusiastic about the Almono project. It's a neighborhood that needs a jumpstart,” said Councilwoman Barbara Daly Danko, D-Regent Square, whose district includes Hazelwood. “And the plans have a residential component.”
The tax-increment plan must be approved by county, school and city elected officials, who would agree to give up some of the anticipated tax revenues for 20 years. That money would be used to repay money spent upfront on roads, utility installations and site grading. The Pittsburgh Urban Redevelopment Authority approved the project this month.
Council will likely send the proposal to committee.
Council is set to vote on a second TIF package, a $24 million plan to complete the last phase of Summerset at Frick Park, a Squirrel Hill housing development.
The first two phases of the housing plan are complete. Summerset is on a reclaimed slag heap that overlooks the Parkway East near the Squirrel Hill Tunnel. The third and final phase could bring the number of houses to more than 700.
Details on a third project, an office building and parking garage in Oakland, were not available.
Bobby Kerlik is a staff writer for Trib Total Media. He can be reached at 412-320-7886 or email@example.com.
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.
- University of Pittsburgh puts issue of Cosby’s honorary degree on agenda
- Upper St. Clair man escapes injury when car gets stuck on Fla. railroad tracks
- Advocates begin countdown to start of Pittsburgh’s sick leave law
- Parents of Shaler girl fatally struck by suspected drunk driver will hold press conference
- Western Pennsylvania population growth, in ‘exurban’ areas, bucks national trends
- Pizza delivery driver assaulted in Hill District
- Boy, 14, shot in shoulder in Sheraden
- Emails reveal deep divisions on Plum School Board as sex scandal festers
- Animal Friends launches construction for 2-story wellness center
- Pittsburgh International Airport to focus on attracting new airlines, increasing facility’s usage
- Neighbor rescues woman from burning Penn Hills home