As part of Developing Pittsburgh, PublicSource will report here about notable actions and conversations from the monthly meetings of the Urban Redevelopment Authority [URA]. The meetings are held the second Thursday of each month in the Wherrett Room on the 13th floor at 200 Ross Street.
A recap of the March 14, 2019 meeting of the URA board:
- The URA Board of Directors approved a redevelopment proposal from Pittsburgh-based TREK Development Group for several lots next to the Garden Theater building on North Avenue. TREK’s preliminary plans include a five-story apartment building with 63 rental units along North Avenue, adjacent to the Garden Theater, and on several lots on Federal Avenue. TREK’s tentative plans include a retail space on the ground floor. The developer estimates project costs to run close to $7.7 million. (Here is a previous PublicSource story on the Garden Theater block.)
- The board also approved a proposal for the sale of land on North Lexington Street in Homewood for $3.2 million to ICON Development and KBK Enterprises, two Pittsburgh-based developers. The 12-acre site includes a pair of existing buildings where the developers say they will build new office space. The office complex will include rent as low as $10 per square foot to support newer companies. Other space will go for as much $30 per square foot, according to ICON. A final plan for the site will come before the URA board again for approval.
- The board also approved a $1.2 million URA loan agreement with ACTION-Housing for a 35-unit affordable housing complex in Lower Lawrenceville. Most of the units will cater to households with incomes at or below 60 percent of the area median income, a metric calculated by the U.S. Department of Housing and Urban Development.
- The URA’s new Housing Opportunity Fund received approval for $750,000 to contract with social service providers for programs to assist renters and homeowners. Neighborhood Legal Services and the YWCA of Pittsburgh, among other organizations, will work with residents who need legal help to avoid eviction or to get the title of their home placed in their name.
- The Hill District Community Development Corporation also received a $50,000 grant, the final funding piece for the organization to renovate the ground floor of the historic Granada Theater building. Hill Community Development Corporation CEO Marimba Milliones said at the meeting that the organization expects to have a ribbon cutting for the project this summer. The ground floor will be home to Hill CDC programs that help local residents start or expand businesses.
Tom Lisi is PublicSource's Developing Pittsburgh reporter. You can reach him at 412-368-6480 or by email at firstname.lastname@example.org.
Developing Pittsburgh has been made possible with funding from The Heinz Endowments.