East End’s Bakery Square 2.0 Complex Adds Townhouses

Construction of 52 luxury townhouses is expected to start this summer in the East End’s Bakery Square 2.0 complex, bringing the first for-sale housing to an area where apartment, office, retail and tech development has blossomed.

“It’s another piece of the puzzle,” said Gregg Perelman, CEO of Walnut Capital Partners, developers of the growing Bakery Square complex along Penn Avenue in Larimer and Shadyside.

Perelman said the townhouse development will be called Bakery Village. Prices will start in the “mid-to-high $400,000 range,” Perelman said.

“It’s the right price point for this market,” Perelman said.

Read more: http://triblive.com/news/allegheny/8502370-74/bakery-building-square#ixzz3cD3bKKRM
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Developer Plans To Turn North Side’s Allegheny Center Into Technology Hub

A New York developer unveiled plans today to convert the Allegheny Center mall on the North Side into a technology hub and campus to be known as Nova Place.

The multimillion-dollar project being undertaken by Faros Properties will include an extensive renovation of the 1.2 million-square-foot complex, making it one of the largest redevelopment projects in the country, officials said.

Work will include upgraded offices, collaborative workspaces, new restaurants, a fitness center, a conference center and improved common areas.

In unveiling the changes, Faros announced that Innovation Works has signed a lease to occupy 12,000 square feet in the complex. The company will move from its current space in Pittsburgh to Allegheny Center next month and into permanent space in the fall.

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Spooky Nook Sports To Expand With Hotel And Restaurant

Map of Pennsylvania highlighting Lancaster County

Map of Pennsylvania highlighting Lancaster County (Photo credit: Wikipedia)

Spooky Nook Sports is adding a hotel and restaurant within its sprawling East Hempfield Township facility.

The 130-room hotel will be independently branded, open to tournament attendees and the public year round.

The 260-seat restaurant will have an American cuisine theme and a family friendly environment.

Read more:  http://lancasteronline.com/business/local_business/spooky-nook-sports-to-expand-with-hotel-and-restaurant/article_a5bb80b8-05e3-11e4-bac4-001a4bcf6878.html


Developer Scales Down Grandiose Project For Mount Washington

A map of Pittsburgh, Pennsylvania with its nei...

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

Some five years after it was first proposed, a developer is scrapping plans for a grandiose $100 million hotel-condominium project on Mount Washington in favor of a more modest apartment complex.

Gone will be the 20-story high-rise featuring a four- to five-star, 163-room luxury hotel. Gone will be about 58 condos perched on a cliff overlooking Downtown.  Gone, apparently, will be amenities like a scenic overlook and a giant plaza that would have been open to the public.

Instead, Sycamore Grandview Development is proposing to construct about 300 market rate apartments in four buildings wrapped around a “grand central yard” at the four-acre site at the end of Grandview Avenue near the Monongahela Incline.

Developer Beau Beemsterboer is expected to present the revised plans to the community at a meeting Tuesday at 6:30 p.m. at the Mount Washington Senior Center.

Read more: http://www.post-gazette.com/stories/business/news/developer-scales-down-grandiose-project-for-mount-washington-702313/#ixzz2eDmwdroM