Work to begin on Fifth Avenue apartments in Uptown
Construction of a seven-story apartment building along Uptown's Fifth Avenue is scheduled to get under way Tuesday in what officials describe as the neighborhood's largest residential project in decades.
Downtown-based Castlebrook Development first proposed the Flats on Fifth nearly four years ago, but the $10 million project languished while the developers worked to secure financing and finalize construction plans, said Castlebrook partner Pat Nardelli.
The Flats on Fifth will include 74 market-rate apartments on what's now a parking lot east of UPMC Mercy.
“This has been our goal, to transform non-sustainable parking lots to a higher use,” said Jeanne McNutt, executive director of the nonprofit Uptown Partners of Pittsburgh.
Uptown, which sits along a busy corridor between Downtown and Oakland, declined in population to about 800 in recent decades. But several recent projects have boosted the population, including the Fifth Avenue School Lofts (65 units), Mackey Lofts (43 units), Uptown Lofts on Fifth Avenue (47 units) and apartments above the Blue Line Grille (10 units).
“We think it's an area that's really coming around,” Nardelli said.
The Flats on Fifth, at 1655 Fifth Ave., will be geared toward young professionals and empty nesters, with 64 one-bedroom apartments and 10 two-bedroom apartments, Nardelli said. He said rental rates haven't been set.
About 1.5 stories of the building will be used for integral parking, reserved for tenants.
Construction is expected to last about a year. The O'Hara-based Massaro Corp. is the general contractor.
Tom Fontaine is a staff writer for Trib Total Media. He can be reached at412-320-7847 or firstname.lastname@example.org.