Tim Schooley – Reporter- Pittsburgh Business Times Don’t expect all the new apartments coming on the market in and around downtown Pittsburgh to sit empty for long once they’re completed. That’s the confident consensus expressed — with occasional caveats — by a panel of local developers who are playing a major role in creating a…
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Posts by Oxford IT Department
Path cleared for ‘urban flex’ in Pittsburgh’s Oakland neighborhood
By Mark Belko / Pittsburgh Post-Gazette Oxford Development Co. has secured the land it needs to build a 51,000-square-foot office building at Pittsburgh Technology Center in Oakland. Now it’s working on a tenant. City council approved the sale of 1.5 acres of riverfront land to Oxford on Tuesday for $690,000 plus costs, clearing the way…
Read MoreOxford Development's confidence in Pittsburgh builds with new project
By Tom Fontaine Tuesday, Dec. 9, 2014, 11:51 p.m. Oxford Development is wagering nearly $400 million on growing demand for high-end office and living spaces, the latest bet a $130 million deal on the Allegheny River in the Strip District that will include storage for bikes and kayaks. Oxford broke ground Tuesday on its biggest project…
Read MoreNew housing, office space slated for Strip District
PITTSBURGH —Developers hope Three Crossings will become the hottest new place to live and work in Pittsburgh Oxford Development officials broke ground Wednesday on the 11-acre site, which sits along the Allegheny River at Smallman and Railroad streets in the Strip District. When completed, it will feature 300 apartments and up to 375,000 square feet…
Read MorePennDOT: Ninety-one Projects to Improve Mobility, Safety with Act 89 Multimodal, Transit Funds
HARRISBURG, Pa., Oct. 28, 2014 /PRNewswire-USNewswire/ — Eighty-six projects in 35 counties will improve safety and mobility with $84 million in Multimodal Transportation Fund investments from Act 89, the state’s transportation plan. “All types of transportation drive our economy and Act 89 gave us the tools to ensure our non-highway modes receive the funding they need…
Read MoreAsset District funding clears way for foundations to buy August Wilson Center
By Mark Belko / Pittsburgh Post-Gazette The Allegheny Regional Asset District served as the rich uncle Monday to three local foundations in their $8.49 million deal to buy the August Wilson Center for African American Culture. Asset District board members, in a 6-0 vote with one abstention, approved a $1.5 million grant to help the…
Read MoreVersatile U-PARC houses productive assortment
By Jodi Weigand – Trib Total Media Photo – Jason Bridge – Trib Total Media The only thing most people know about the University of Pittsburgh Applied Research Center — U-PARC — in Harmar is that it has a building with the Pitt logo on a tower that can be seen from the Route 28…
Read MoreOxford’s Ice Bucket Challenge
Oxford Development Company organized a companywide Ice Bucket Challenge, raising awareness for ALS, through our Wellness Committee on Friday, August 22nd at the site of our new Hot Metal Flats residential project in the South Side Works. Oxford employees, as well as Board Chair, Anne Lewis were challenged were challenged by the ALS Association of…
Read MoreDevelopers Secure $90M in Financing for Revitalization Projects
By John Jordan | Pittsburgh PITTSBURGH, PA—Two major mixed-use revitalization projects in the East End and South Side of the city secured a total of $90 million in financing for their respective ventures from Huntington Bank. Financing provided to developers Oxford Development Co. and The Mosites Co. will result in the development of 477 multifamily…
Read MorePittsburgh Neighborhood Revitalization Scheduled for East End and South Side with $90 Million Through Huntington Bank
PITTSBURGH–(BUSINESS WIRE)–Two major Pittsburgh development projects are receiving a healthy dose of financing through Huntington Bank’s commercial real estate division to help in the growth of the city’s East End and Southside. Developers, Oxford Development Company and The Mosites Company, received a combined $90 million in loans for mixed-use properties together totaling 477 multifamily housing…
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