Upscale Downtown apartments have a history
Saturday, December 5, 2009 at 01:00PMPittsburgh Post-Gazette - December 5, 2009
By Kevin Kirkland
When the first of seven Residences at Market at Fifth opened in September, it had been decades since any renters had lived near this Downtown corner. And upscale apartments? Maybe never.
Now, 2 1/2 months later, all but the two largest units are leased. And the president of Pittsburgh History & Landmarks Foundation pronounces the combination residential/retail redevelopment of three century-old buildings a success.
"We wanted to develop quality apartments rather than condos Downtown at this key location while also bringing retail back to Fifth Avenue," said Arthur P. Ziegler Jr.
The first floor of 494 Graeme St. holds Heinz Healy's Gentlemen's Apparel and the Nettleton Shoe Shop. The five leased apartments above the stores have space ranging from 800 to 1,200 square feet, one bathroom and bedroom and rents from $1,150 to $1,900 a month.
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