Planned Smallman Place Condos In Strip District Selling Fast

Sales agreements are in place for about two-thirds of the 36 condominiums that a suburban Philadelphia developer is planning in the Strip District, months before construction is set to begin.

The Smallman Place condos went on the market in the first week of April.

“If you have the right project at the right place and the right price, you can be successful,” said developer Jack Benoff of Solara Ventures Inc.

Benoff has been one of Pittsburgh’s most active condo developers in recent years. He converted 941 Penn Ave., Downtown, and the Otto Milk building in the Strip District into condo buildings that sold out quickly, with the exception of a $1.8 million penthouse at Otto Milk that’s now under agreement.

Read more: http://triblive.com/business/headlines/8209221-74/condos-district-smallman#ixzz3XxjNdmxS
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Pittsburgh’s Downtown Tops Ranking Of Small To Midsized Cities

The Golden Triangle is America’s best downtown among small to midsized cities, according to a report released Monday by a Tennessee-based marketing company.

“Downtown has made tremendous strides in the last five years,” said John Valentine, executive director of the Pittsburgh Downtown Community Development Corp.

Livability.com, owned and operated by Journal Communications Inc., said Pittsburgh’s walkable Downtown features a growing population, numerous entertainment options and low vacancy rates.

Officials from Mayor Bill Peduto’s office and two Downtown advocacy groups said they have not worked with the marketing firm but were pleased to accept its recognition.

Read more: http://triblive.com/news/allegheny/7884812-74/downtown-pittsburgh-cities#ixzz3TM0d7C5Q
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Pittsburgh Planners See Potential In A Revamped Mellon Square

Could Mellon Square become the next Market Square?

While it’s no European-style piazza, some believe the area around the newly restored park could be primed to become one of Downtown’s next hot spots for restaurants and retail.

“I see it becoming the next great Downtown destination,” said Herky Pollock, executive vice president of the CBRE real estate firm.

Only a few years ago, the Smithfield Street corridor between Fifth and Liberty avenues that includes Mellon Square appeared to be ready for last rites.

Read more: http://www.post-gazette.com/local/city/2014/07/21/Planners-developers/stories/201407200210#ixzz3892O45lx