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Old Posted Dec 23, 2011, 2:08 PM
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Evergrey Evergrey is offline
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http://www.bizjournals.com/pittsburg...ding-boom.html

Quote:
Pittsburgh’s apartment building boom continues with two new projects

Pittsburgh Business Times by Tim Schooley, Reporter
Date: Friday, December 23, 2011, 6:00am EST


Rendering courtesy McCaffery Interests

Construction on Lot 24, a 96-unit apartment complex designed as the second phase of the Strip District’s popular Cork Factory, began this month. The partners expect to open in the fall.


Two more apartment projects are ready to get under way in the Strip District and Lawrenceville, one the second phase of the highly successful Cork Factory Lofts, the other the conversion of a long-established school building.

In Lawrenceville, Jim Aiello Jr. said his family-owned company is ready to buy out partners in its longtime Catalyst building. It has a funding commitment from Fidelity Bank that it expects to close on in January, and expects to push forward with construction converting the property into a 20-unit apartment complex that would be completed next summer.

At an open parcel catercorner to the ...
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