On The Horizon: PNC’s $400M Tower Nears Completion

Picture of PNC Tower in July 2014

PNC Financial Services Group’s $400 million skyscraper in Downtown is nearly 80 percent complete and on track to be finished in the fall, the company said Friday.

Mayor Bill Peduto said he welcomes “the addition of their new tower to our celebrated skyline,” along with the financial giant’s continued investment in Pittsburgh.

PNC’s Downtown presence includes the 30-story One PNC Plaza, 34-story Two PNC Plaza, 23-story Three PNC Plaza and five-story PNC Firstside Center on First Avenue.

Construction of the skyscraper, dubbed The Tower at PNC Plaza, began in spring 2012. A PNC-run website dedicated to the project says The Tower is 78 percent complete, with work to enclose the building about 90 percent done and interior construction about 60 percent finished. The latter work is expected to be completed in the spring.

Read more: http://triblive.com/news/allegheny/7991821-74/pnc-percent-tower#ixzz3VAhTA2hf
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Pittsburgh’s Larimer Revival Concerns Residents

A map of Pittsburgh, Pennsylvania with its neighborhoods labeled. For use primarily in the list of Pittsburgh neighborhoods. (Photo credit: Wikipedia)

Plans to revamp Pittsburgh’s Larimer section promise the creation of a new kind of neighborhood, where low-income residents are no longer clustered in housing projects or crumbling apartments, where subsidized housing units are scattered among market-rate ones.

But some are worried that the blueprints for the $100 million housing development would push residents in two places slated for demolition — East Liberty Gardens and a Pittsburgh Housing Authority-owned project — farther from transit lines and business districts.

“[The housing authority] is talking about moving me somewhere else,” said Robert Morton, who lives in one of 27 units in the Auburn/Hamilton-Larimer complex, which is owned by the housing authority. Mr. Morton, 64, uses a wheelchair.  “I can’t just uproot and go somewhere else.”

The city is currently preparing an application for a highly competitive $30 million grant from the U.S. Department of Housing and Urban Development, with hopes of building some 350 units of mixed-income housing in the struggling neighborhood, to support jobs, parks and businesses similar to those in neighboring East Liberty.

Read more: http://www.post-gazette.com/stories/local/neighborhoods-city/pittsburghs-larimer-revival-concerns-residents-697299/#ixzz2aRwXiz1o