Pittsburgh real estate update (Tarentum, Homestead: fit in, home builder, gated)

[wpipkins2]

Originally Posted by svband76

Butt ugly. Boxy, Third World and unimaginative.

I would not consider this development butt ugly. This development allowed for four units with parking and outdoor space in a very tight and dense neighborhood. In person this building looks better and fits into the neighborhood. There is nothing wrong with adding modern living spaces to historic neighborhoods. There are several of these developments along Penn Ave in the immediate area. This was a positive addition to the sleepy section of Penn between Garfield and the Children’s Hospital.

[eschaton]

Originally Posted by wpipkins2

I would not consider this development butt ugly. This development allowed for four units with parking and outdoor space in a very tight and dense neighborhood. In person this building looks better and fits into the neighborhood. There is nothing wrong with adding modern living spaces to historic neighborhoods. There are several of these developments along Penn Ave in the immediate area. This was a positive addition to the sleepy section of Penn between Garfield and the Children’s Hospital.

The thing that always struck me about that development is it seemed constructed with the views down Penn Avenue in mind, but at some point the surface lot across the street is going to fill in (redevelopment has been mooted there many times) which will destroy the best feature of the place.

I do agree that the city in general needs more mini-apartments. You almost never see anything built any longer between a 50+ unit building and a townhouse, but these small-scale granular projects are what helps give an area a sense of place.

[anthony_c55]

Originally Posted by eschaton

The thing that always struck me about that development is it seemed constructed with the views down Penn Avenue in mind, but at some point the surface lot across the street is going to fill in (redevelopment has been mooted there many times) which will destroy the best feature of the place.

I do agree that the city in general needs more mini-apartments. You almost never see anything built any longer between a 50+ unit building and a townhouse, but these small-scale granular projects are what helps give an area a sense of place.

I actually would think that we would see more of that just for space and cost issues.

[BUILD PENN SQUARE]

Bakery Square blues: Philips to sublease more than 70,000 square feet of its office space

https://www.post-gazette.com/busines...s/202302280062

"Philips is discarding another two floors of office space at its Bakery Square headquarters, another strain on a regional office market still struggling to regain its footing as a result of the COVID-19 pandemic.

In all, the Dutch consumer electronics and medical equipment maker is giving up another 74,164 square feet at the complex in Larimer and Shadyside. That’s on top of one floor of space, about 37,000 square feet, that it subleased last year. The space was taken by Management Science Associates.

The latest decision could have implications for a local office market already dealing with a glut of subleased space — just under 2 million square feet at the end of 2022, according to the Newmark real estate firm.

And it’s a rare hiccup for Bakery Square itself, home to Google’s Pittsburgh headquarters and a top mixed-use development that seemed to be immune to COVID-related pressures and economic downturns.

Philips moved its headquarters from Murrysville into the nine-story Bakery Office Three building at Bakery Square about two years ago. It had signed a lease to take more than 200,000 square feet in the structure.

With the subleases, it is now down to about half of that."

[BUILD PENN SQUARE]

office space and office buildings are a thing of the past - here in pittsburgh and everywhere

[wpipkins2]

Originally Posted by BUILD PENN SQUARE

office space and office buildings are a thing of the past - here in pittsburgh and everywhere

They said the same thing about paper checks in the 90s. Lot of new technologies introduced but paper checks are still here.

[Higherho]

Originally Posted by wpipkins2

They said the same thing about paper checks in the 90s. Lot of new technologies introduced but paper checks are still here.

Thats because boomers and silent generation are still here lol.

[Knepper3]

Originally Posted by Higherho

Thats because boomers and silent generation are still here lol.

Yeah, checks are here because the generations that only had that option are still here. I write about 2 checks a year, my adult kids do not have check books. Why would they or anyone with a smart phone?

[BUILD PENN SQUARE]

maybe sometime in the next decade LG realty will get around to notifying google maps "penn plaza greenspace" no longer exists

[BUILD PENN SQUARE]

July 23, 2021 at 5:35 AM EDT

Pittsburgh Plans To Rebuild Enright Park Next Summer

https://www.wesa.fm/development-tran...rk-next-summer

"People remained concerned about the future of the park. In 2019, as the city and LG prepared to go through the official land exchange, community members alleged that the city had failed to live up to its end of the deal.

Officials say they will finally begin construction late next summer."

june 2022 - one year later



september 2022



october 2022