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Tuesday
Jun222010

Planners OK $100 million Grandview Ave.

Pittsburgh Post-Gazette - June 22, 2010
By Mark Belko

City planning commission members gave final approval today for a proposed $100 million hotel-condo project on Mount Washington at the site of the former Edge restaurant.

Members unanimously voted in favor of a final land development plan for the complex, prompting several dozen supporters who attended the meeting to erupt in applause.

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Thursday
Jun172010

Forbes-Market Square high-rise plan wanes

Pittsburgh Post-Gazette - June 17, 2010
By Mark Belko

A Washington County developer may scrap plans for a residential high-rise on Forbes Avenue, Downtown, in favor of a smaller building that blends more with Market Square and surrounding properties.

Millcraft Industries is considering a garden-style residential building in the block between Wood Street and Market Square instead of the 17- to 18-story high-rise that once was part of its plans, executive vice president Lucas Piatt said. "I would say we're leaning that way," he said.

At the urging of the city Urban Redevelopment Authority, Millcraft also is thinking about building a parking structure at the site that not only would accommodate residents but also would provide additional spaces for the public.

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Thursday
Jun032010

Former Pittsburgh high school to get second life as lofts

Pittsburgh Tribune-Review - June 3, 2010
By Rick Stouffer

Owners of the historic former Fifth Avenue High School hope to start renovations and construction at the Uptown building by early fall to convert it to 65 loft apartments.

The development known as the 5th Avenue School Lofts will cost more than $10 million, and the first apartments could be ready in two years, said Casey Steiner, a partner in LMS Fifth LP, which acquired the property a year ago for $640,000.

The owners presented their plans Wednesday to the Pittsburgh Historic Review Commission for approval.

The apartments will average 1,200 square feet with two bedrooms and two bathrooms each, Steiner said.

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Thursday
Jun032010

Investors plan for 65 rental lofts in old 5th Avenue High, Uptown

Pittsburgh Post-Gazette - June 3, 2010
By Diana Nelson Jones

The Historic Review Commission Wednesday conditionally approved the plans of an investment group to renovate the former Fifth Avenue High School, Uptown, into 65 rental lofts.

Casey Steiner and Jonathan Hill, on behalf of the new owner, an investment partnership called LMS 5th LP, said they propose to restore the exterior to national historic standards and build a new parking lot of two levels, the higher about 3.5 feet above sidewalk level on the Fifth Avenue side to be accessible to the handicapped.

Provided financing "falls into place," Mr. Steiner said, work on the 5th Avenue School Lofts could be under way by fall. "We're pretty confident."

The market, he said, is graduate students, empty nesters, people who work Downtown, in Oakland, at Mercy Hospital and Duquesne University.

The commission's conditions are that the development partners provide more detail of the composition of concrete facing on the parking deck, screening of the deck and railings.

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Thursday
Jun032010

Pittsburgh-based Impakt Development converting high school into lofts

Pittsburgh Business Times  - June 4, 2010
By Tim Schooley

Casey Steiner understands how an unexpected education can come without warning from the plaster rubble, ripped-up flooring and broken windows of an old and neglected former school.

“Any project has a lot of unknowns when you get into it,” said Steiner, principal of Impakt Development Inc., based in Edgewood.

Yet after such successful projects as the Grant School Lofts and the South Side Lofts, Steiner and partner Jonathan Hill are ready to take on their biggest project, the redevelopment of the former Fifth Avenue High School, a 110,000-square-foot Gothic-style relic located in Uptown.

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