Developer Reveals Buncher Plans For 400 Strip District Apartments, Townhomes

The Buncher Co. and a Cleveland-based developer said Thursday they are moving ahead with plans to build 400 residential units along the edge of the Allegheny River in the Strip District.

Buncher, which is based in the Strip, ultimately plans to pump more than $400 million into residential and office development on the riverfront, including $100 million on the 400 units.

Read more: http://triblive.com/news/adminpage/7405861-74/plans-buncher-riverfront#ixzz3MITj3mEJ
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3 Pittsburgh Construction Projects Hang In The Balance in 2014

Mellon Arena in downtown Pittsburgh, Pennsylvania. (Photo credit: Wikipedia)

This year could be a pivotal one in the development of the former Civic Arena site in the lower Hill District, the LTV Coke Works in Hazelwood and the Strip District produce terminal.

Both the arena redevelopment and the Buncher Co.’s plans for the produce terminal not only have the potential to generate drama but could pose the first development-related challenges for Mayor-elect Bill Peduto, who takes office Monday.

Nearly two years after the Civic Arena came down, 2014 could bring the first wave of new development to the site, which is considered among the most valuable pieces of real estate in the region.

But there’s a potential fight brewing.

Read more: http://www.post-gazette.com/local/city/2014/01/03/3-city-construction-projects-hang-in-the-balance-in-2014/stories/201401030104#ixzz2pMlbpeNL