Corbett Announces $10M In Grants For Almono Project In Hazelwood

Locator map with the Hazlwood neighborhood in Pittsburgh, Pennsylvania highlighted. (Photo credit: Wikipedia)

Before local developers can build a projected $1 billion in apartments, offices, retail shops and tech suites on the former LTV Steel Corp. site in Hazelwood, they need about $103 million in streets, utility lines and other infrastructure upgrades.

“There’s huge interest in this site, tremendous interest in this site, from developers not only in the region, but across the country,” said Don Smith, president of the Regional Industrial Development Corp., which is managing the project. “Really, it’s all just interest until we can give them some certainty that the site will be ready for their buildings to open.”

Gov. Tom Corbett on Wednesday announced $10 million in state grants to support development at the 178-acre Almono property along the Monongahela River.

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LTV Site In Hazelwood Nearly Ready For New Identity

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

Work to level a former steel mill in Hazelwood is expected to be done by the end of August, clearing the way for contractors to build a 1½-mile road and run utility lines through the 178-acre property, a developer said on Friday.

“Once the infrastructure work is under way, I think it will unlock tremendous interest in the site” from prospective tenants, said Donald F. Smith Jr., president of the Downtown-based Regional Industrial Development Corp.

RIDC is partnering with four foundations under the name Almono to transform the former LTV Steel Co. site. They bought the riverfront property in 2002 and envision more than $1 billion in development happening there during the next two decades, including 1,400 housing units, 1.3 million square feet of office space and nearly 950,000 square feet of industrial space.

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