Develop PGH Bulletins updates you on the Pittsburgh region's economy. Check back frequently, sign up for the Develop PGH newsletter and email firstname.lastname@example.org with questions, tips or story ideas. 10/18/21: Rankin and Swissvale site to be sold piecemeal to nonprofit developer
Allegheny County will sell portions of the Carrie Furnace mill site to the nonprofit Regional Industrial Development Corp. for $80,000 per acre, Development Director Lance told PublicSource. The 168-acre site sits mostly within Rankin and Swissvale, and roughly 100 acres are conceivably developable, according to a summary agreement Chimka shared with PublicSource.
The agreement divides the developable land into three tracts, and obligates RIDC to buy 39.5 acres near the Rankin Bridge, though it can do so piecemeal.