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.