Pittsburgh Lofts & New Condos

RiverParc
Pittsburgh, PA

Neighborhood: Cultural District - Downtown

Overlooking the Allegheny River, the RiverParc development will have more than 700 residential units, nearly 160,000 square feet of retail and restaurant space, a four-star hotel, parks, public art, and riverfront connections. The riverfront area is bounded by Fort Duquesne Boulevard, Penn Avenue, and Seventh and Ninth streets.

The design competition and developer selection process for the Cultural District Riverfront Development was managed by the Pittsburgh Cultural Trust which currently owns the six-acre site. In July 2006, the Pittsburgh Cultural Trust selected Concord Eastridge of Washington, DC to lead the development with an international design and planning team including Behnisch Architekten of Stuttgart, Germany; Gehl Architects of Copenhagen, Denmark; and Pittsburgh-based WTW Architects.

The developer's plan includes seven new residential buildings with restaurants and retail stores on the ground floors, a street of townhouses, a four-star hotel operated by Kimpton Hotel and Restaurant Group, and a performing arts venue. Condominium units are estimated to range between 700 to 3,200 square feet and townhomes between 1,400 to 2,400 square feet.

Phase one will include:

• A mid-rise building with 50-70 condominium units and ground-floor retail (corner of Fort Duquesne Boulevard and Seventh Street)
• A high-rise building with 130-150 condominium units and ground-floor retail (corner of Fort Duquesne Boulevard and Eighth Street)
• Public space between buildings; neighborhood center
• Townhouses along Eighth Street, associated retail spaces and public improvements between Penn Avenue and Fort Duquesne Boulevard
• A high-rise residential building, including retail space and up to 100 parking spaces (corner of Penn Avenue and Eighth Street)
• Additional residential building with up to 100 parking spaces (corner of Fort Duquesne Boulevard and Ninth Street)

The initial residential buildings will take two years to complete after construction begins. The complete build out of the entire development is expected to take seven to ten years. The start of the development is now pushed back to late 2008. Build out was previously forecasted between 2013 and 2016 based on originially breaking ground in mid-2007.

Developer: Concord Eastridge

Sales by Howard Hanna Real Estate