Outside Investors Purchasing More Downtown Pittsburgh Sites

English: The U.S. Steel Tower, located in Pittsburgh, Pennsylvania, USA, with the new corporate logo of the University of Pittsburgh Medical Center. (Photo credit: Wikipedia)

In one sense, Pittsburgh’s resurgence can be measured by its Downtown skyline — not so much by the names atop its skyscrapers but by those on the property deeds to them.

More and more, out-of-town investors are gobbling up prominent real estate Downtown, drawn by a host of factors, from high occupancy rates to the diversity of the local economy.

In fact, a Pittsburgh Post-Gazette review of high-profile building sales Downtown and on the North Shore since 2011 found that 10 of 13 have gone to out-of-town buyers, including such landmarks as the U.S. Steel Tower and the PPG Place complex.

Another three properties currently under agreement to be sold, including Liberty Center and the accompanying Westin Convention Center Hotel, also are being purchased by outside investors.

Read more: http://www.post-gazette.com/stories/business/news/outside-investors-purchasing-more-downtown-pittsburgh-sites-692796/#ixzz2X4r4GKrA

Watch Peregrine Falcons Nesting In Pittsburgh Skyscrapers

Image via Wikipedia

Peregrine Falcons were an endangered species until 1999 when they made a sufficient enough comeback to be removed from the list.  Pennsylvania still considers the birds endangered and protects them (yeah PA).  The birds almost became extinct due to pesticides like DDT causing their egg shells to become too thin and they would crack during incubation.  These birds of prey can be found in large cities in the United States and prefer to nest on cathedrals, skyscrapers and towers of suspension bridges.

There are live cameras at the Gulf Tower and the Cathedral of Learning nest sites.

The Cathedral of Learning is part of the University of Pittsburgh campus in the Oakland section of the city and is a 42-story classroom tower (535 feet).  The Gulf Tower is located downtown Pittsburgh and has 44 stories (582 feet).

To watch the falcons click here:

http://www.aviary.org/cons/falconcam_cl.php  Cathedral of Learning

http://www.aviary.org/cons/falconcam_gt.php  Gulf Tower