U.S. Steel could move out of Downtown office tower
By Thomas Olson, PITTSBURGH TRIBUNE-REVIEW
Friday, March 23, 2012
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Thomas Olson is a Pittsburgh Tribune-Review staff writer and can be reached at 412-320-7854 or via e-mail.
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U.S. Steel Corp. is looking at moving its headquarters from its Downtown office tower, which is the region's tallest building.
The steel company's lease on U.S. Steel Tower expires in 2017. The company occupies 14 of the skyscraper's 64 floors and employs about 1,500 people there.
"We are investigating several options in light of business drivers such as cost, efficiency and logistics," said spokesman Chuck Rice. "We are exploring alternatives in order to arrive at the best long-term business solution for our company."
Occupying 450,000 square feet of space, U.S. Steel is the building's second-largest tenant, behind UPMC, the region's largest health care system.
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I'm trying to figure out if this is good or bad news...If U.S. Steel decides to become a part of financing group for a large tower on the civic arena site, It's great news- but is that too much to wish?