LTV site in Hazelwood nearly ready for new identity
Work to level a former steel mill in Hazelwood is expected to be done by the end of August, clearing the way for contractors to build a 1½-mile road and run utility lines through the 178-acre property, a developer said on Friday.
“Once the infrastructure work is under way, I think it will unlock tremendous interest in the site” from prospective tenants, said Donald F. Smith Jr., president of the Downtown-based Regional Industrial Development Corp.
RIDC is partnering with four foundations under the name Almono to transform the former LTV Steel Co. site. They bought the riverfront property in 2002 and envision more than $1 billion in development happening there during the next two decades, including 1,400 housing units, 1.3 million square feet of office space and nearly 950,000 square feet of industrial space.
Smith said the partnership has received inquiries from a range of developers and potential tenants, although he would not identify them. He said he thinks the first phase of infrastructure work will boost interest.
The partnership hopes to award contracts for infrastructure work in the fall. That work, with an estimated cost of $40 million, is expected to take about a year to complete.
“When you can actually see something physical going in, like a road or a sewage line, it's another way to think positively about what is happening at that site,” said Pittsburgh City Councilman Corey O'Connor, who represents Hazelwood.
The $8 million in grading work that is nearly complete left two buildings on the property untouched: a 1,600-foot-long building known as Mill 19 and a former railroad roundhouse.
“We're looking at ways to creatively reuse the buildings to preserve the industrial character of the site,” Smith said.
Smith cited projects elsewhere where old, gritty industrial buildings became corporate homes, such as Urban Outfitters' corporate campus in the Philadelphia Navy Yard, where the clothing retailer spent $100 million renovating and retrofitting five old buildings.
Most naval activities ceased at the shipyard in the mid-1990s. Since 2000, when the Philadelphia Authority for Industrial Development bought 1,000 abandoned acres there, more than $130 million in publicly funded infrastructure improvements have leveraged more than $700 million in private investment, according to the Navy Yard's website.
In October, Pittsburgh City Council approved an $80 million tax-increment financing plan to help prepare the Almono site for development. The largest such deal in city history, it will use two-thirds of new property tax revenue generated by the development over 20 years to pay off bonds for the project.
Tom Fontaine is a staff writer for Trib Total Media. He can be reached at 412-320-7847 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.
- No federal funds to help enforce Pa. ban on texting by drivers
- Newsmaker: Christine Pease-Hernandez
- Allegheny County Council wants to hike members’ $3K expense accounts
- Defying the odds makes this Thanksgiving particularly poignant
- U.S. Steel to relocate corporate headquarters on former Civic Arena site
- Millions in pollution fines went unused for decades in Allegheny County
- Girl, 12, rescues 4-year-old sister from burning house in Homestead
- Group’s proposed fracking moratorium for Allegheny County parks to go on council agenda
- Nude photos of Penn Hills High School students spur investigation
- State leaders give input on budget woes at Pittsburgh meeting
- Lower gas prices entice motorists to drive long distances for Thanksgiving