- Tim Schooley – Reporter- Pittsburgh Business Times
An ambitious plan by Oxford Development Co. to build a major apartment complex in the Strip District may be about to get much bigger.
The company’s project, called Three Crossings, is slated to include a 299-unit apartment complex.
But the new agenda for the Urban Redevelopment Authority of Pittsburgh board meeting scheduled for Thursday suggests a project much bigger and ambitious in scope, adding 250,000 square feet of urban flex office space, complementary retail space and an intermodal transportation facility with 700 parking spaces. Also proposed in the larger plan is 60 bike-parking spaces, a bicycle repair station and EV charging stations.
The URA report describes the proposal as a “$122 million mixed-use development [that] will repurpose and transform approximately 11 acres of brownfield and former industrial properties into a new mixed-use development.”
That’s a much bigger ticket than the $40 million Oxford’s apartment development by itself was expected to cost.
The URA is seeking $500,000 in funds from the Allegheny County Gaming Economic Development Fund Grant to relocate utility lines under ground, and make various other infrastructure improvements.
- Tim Schooley covers retail, real estate, construction, hospitality, arts and entertainment, and government. Contact him at tschooley@bizjournals.com or 412-208-3826.