Oxford Development Co. still hasn’t announced any final word on whether it will build a new office tower in downtown Pittsburgh.
But that doesn’t mean the company isn’t busy elsewhere.
Amid plans for apartment projects on the South Side, the Strip District and Homewood, the company is now considering a plan to build a new office building at the Pittsburgh Technology Center, according to the latest agenda for the next board meeting of the Urban Redevelopment Authority of Pittsburgh.
The URA board will vote on whether to enter into exclusive negotiations to sell Oxford a 1.51-acre parcel at the Pittsburgh Technology Center, a site near the other side of the Hot Metal Bridge from where the firm is teaming to build a new 170-plus unit apartment project called Hot Metal Flats.
According to URA documents, the 1.51-acre property at the Pittsburgh Technology Center has an appraised value of $690,000.
The only detail the URA provides on Oxford’s plan is for the building to be five stories. The URA board meeting at which the plan will be discussed is scheduled for Thursday, Feb. 13.
Tim Schooley Reporter- Pittsburgh Business Times