Hotel-condo project OK'd by city
Wednesday, June 23, 2010 at 11:00AMPittsburgh Post-Gazette - June 23, 2010
By Mark Belko
City planning commission members cleared the way Tuesday for the start of a grandiose $100 million hotel-condominium project on Mount Washington, but one key hurdle remains: financing.
Members voted unanimously to approve the final land development plan for the One Grandview Avenue development, which would sit at the site of the former Edge restaurant and offer guests and residents dramatic views of the Downtown skyline.
The project will tower 20 stories above the ground and feature a 163-room hotel and up to 58 condos, some of which will wrap around the hillside, as well as a plaza and scenic overlook and a two-story lounge and observation deck at the very top.
It also will host a number of green features, from solar panels to generate electricity to a greenhouse that will grow herbs for a restaurant within the complex.
Developer Steve Beemsterboer described the planning commission's approval as "critical" to the efforts to secure at least $60 million in financing for the project, which will also include a 472-space parking garage.
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