Pittsburgh Tribune-Review - July 22, 2014
By Tom Fontaine
Brisk demand for upscale apartments at the newly opened Bakery Living complex in the East End prompted developers to push up construction on a second apartment building by about a year.
“Demand has been better than expected,” said Todd Reidbord, president of Shadyside-based developer Walnut Capital.
Reidbord, who briefed the Pittsburgh Planning Commission on Tuesday, said about 75 percent of the 175 apartments in Bakery Living's first building along Penn Avenue are leased. It opened in June.
The second building would be U-shaped, five stories tall and have 175 apartments ranging from so-called micros to two-bedroom units, mirroring the first building. It would be accented with different colors than the first, notably slate blue, gray, white and black.