Oxford Development Company Announces the Opening of The Yards At 3 Crossings

PITTSBURGH, April 13, 2016 – Oxford Development Company today announced the opening of the first wing of The Yards at 3 Crossings in Pittsburgh’s Strip District neighborhood. The 300-unit apartment community, managed by McCaffery Interests, Inc., opened its doors to residents with 150 studio, 1- and 2-bedroom units on April 1st. The second half of the project and remaining 150 units will open the first week of May 2016.

Built within the 3 Crossings development complex, The Yards name nods to the site’s history as a truck yard while playing on its Railroad Street address and the best back yard in the city – an acre of green space along the riverfront connects residents to the Allegheny River and planned riverfront trails.

Pittsburgh-based Oxford developer of The Yards at 3 Crossings and selected McCaffery Interests to provide consulting, marketing, leasing and property management services based on the firm’s successful development of Cork Factory and Lot 24, also located in Pittsburgh’s Strip District.

“We’ve worked diligently with many partners to realize this fantastic place for people to call home in the Strip. We think residents will find The Yards a cool urban residence with a complete amenity package and top-notch management,” said Steve Guy, President and CEO, Oxford Development Company.

Encouraging active living, The Yards welcomes pets and features oversized gathering places including a bar and coffee lounge, a fitness center, pool with hot tub, fire-pit, and planned riverfront trail access.

The Yards will provide studio, 1-bedroom, and 2-bedroom urban style apartments ranging from 474 square feet up to 1198 square feet. Interior features include 9-foot ceilings, walk-in closets, stone countertops, and engineered wood flooring. All units feature views of the city, river, and/or Strip District. Balconies or Juliette balconies are available.

“The Yards at 3 Crossings and the innovative brands relocating to the area clearly demonstrate that The Strip District is the place to be,” said Dan McCaffery, Chairman and CEO of McCaffery Interests. “We’re excited to continue our participation in the growth of this vibrant neighborhood and work with Oxford to provide an unparalleled residential experience at The Yards.”

Oxford believes in supporting the local economy and The Yards project has been completed with local contractors, architects, engineers, financial consultants, and artisans. Additionally, The Yards, as well as all of the projects within 3 Crossings, has been constructed 100 percent by our local trade unions.

“3 Crossings has been able to build high quality buildings on schedule and on budget thanks in large part to the skills and productivity of our union tradesmen,” Guy said.

Design Inspiration

The property’s industrial history and riverfront location inspired The Yards’ exterior and interior designs. Its distinctive green and orange facade is a play on copper in its pure and oxidized form, while interior furnishings mix reclaimed materials with modern touches to recall the area’s rustic steel and iron past. Many of the furnishings and accessories were sourced from local retailers, including Hot Haute Hot, Roxanne’s Flowers, Tollgate Revival and Weisshouse, to further anchor the building within its hip Strip District surroundings.

Designed by WTW Architects in consultation with McCaffery Interests, the building’s beautiful common areas include a fitness center; clubroom with two-way fireplace; game room with billiards, foosball and electronic dartboard; and a kitchen and bar area with a 24/7 complimentary coffee machine.

Local Art

Framed fine art curated by James Gallery lines the common areas, including a signature painting in the lobby entitled, “The Last of the Pennsy” by Micheal Madigan. The management offices feature photographic works by Pittsburgher Chuck Beard and Pennsylvania native Jana Scott, while graphic wall coverings in the lobby and fitness center were custom made by Chicago’s Ugly Dog Design.

In addition, Red Star Iron Works of Millvale designed and fabricated abstract decorative metal railroad track panels to define usage areas within the expansive backyard – home to the property’s communal saltwater pool and hot tub, fire pit, TV lounge, gas grills, and dining tables.

Amenities

Pets are welcome at The Yards and will enjoy the on-site pet park and dog wash, enlivened by a custom mural painted by Pittsburgh artist, Maria DeSimone Prascak. Residents appreciate the convenience of on-site management, 24/7 concierge services, an online portal for package delivery notices and maintenance requests, valet dry cleaning, housekeeping services, and business facilities. Weekly happy hours and social events provide multiple opportunities for residents to get to know their neighbors and area businesses.

Covered parking is offered at The Yards as well as in dedicated surface lots on 26th and 27th Streets. This fall, additional spots will be available at The Hub at 3 Crossings located across the street at 26th and Railroad.

Sustainability

The Yards at 3 Crossings was designed to United States Green Building Council (USBG) LEED Silver standards under the guidance of commissioning and sustainability consultants, Z-Tech Consulting and evolveEA. Landscaped roofs top the common areas while one of the largest solar panel constructs in Pittsburgh lines the roofs of the apartment wings. Priority onsite parking is provided for energy-efficient vehicles and electric vehicle charging stations support reduction of the impact of fossil fuels.

Low VOC adhesives, flooring and sealants were used to improve indoor air quality; LED lighting, ENERGY STAR® appliances and water-saving fixtures help reduce use of natural resources, and each floor includes separate recycling chutes.

About 3 Crossings

3 Crossings reconnects the Strip District neighborhood to the natural amenities of a revitalized riverfront and Pittsburgh’s Three Rivers Trail network. The development represents the transformation of the former trucking yards of Pittsburgh’s past into the sustainable neighborhood of the future. The $160 million, 16-acre mixed-use development situated along Smallman and Railroad streets, bound by 25th and 27th streets includes 375,000 SF of office space, 300 residential units, 1,200 parking spaces, a multimodal transportation facility and riverfront park. The name 3 Crossings signifies the historical modes of transportation that converged at the site – truck, rail, and barge. www.3crossingspgh.com

About Oxford Development Company

Oxford Development Company, based in Pittsburgh, PA, is the trusted full service real estate services partner, providing solutions for all property-related needs in North America. From conceptualization to building management, Oxford offers support throughout the life cycle of any project. With more than 50 years of experience and over $3 billion in development projects, Oxford delivers value through a combination of analytical, management and operational specific real estate services. www.oxforddevelopment.com

About McCaffery Interests

McCaffery Interests, Inc., is a privately owned, full-service commercial real estate company that has been in the business of investing, developing, leasing and managing real estate for 25 years. The McCaffery Interests portfolio of planned, completed and managed projects exceeds 20 million square feet and includes office, mixed-use, hotel, and residential properties, as well as large, master-planned communities and land developments. With offices in Chicago, Washington, DC, and Pittsburgh, and controlled assets and completed developments valued in excess of $2 billion, McCaffery Interests is one of the most trusted real estate companies in the nation. www.mccafferyinterests.com