The Highline at South River*
Pittsburgh, PA
When it was completed in 1906, the historic Pittsburgh Terminal Buildings complex was the largest delivery and warehouse terminal between New York and Chicago. The current property owner, McKnight Realty Partners, had a vision to convert the 800,000 square-foot historic warehouse in a distressed community into a transformative, mixed-use development with green space, Class A office space, and retail space. Called “The Highline,” the renovated building has transformed the area and attracted a wide variety of tenants through location, amenities, and affordability.
The Highline redevelopment has created 40 construction jobs and 1,037 permanent jobs. A large portion of the project is devoted to public improvements including the transformation of two key areas into public amenity spaces that host a regular farmers market and other events. The first amenity is the transformation of a private, elevated roadway that transects the project into a public space, giving the project its name, The Highline. The second amenity is the construction of a missing portion of the Great Allegheny Passage bike trail, which connects Pittsburgh and D.C.
The Highline effort enhances the work environment of hundreds of employees of tenants currently in the property, including some of the region’s leading nonprofits and MBE/WBE businesses. The effort also brings over 100,000 square feet of new office space online and is attracting more businesses and workers to this revitalizing area of the city.
This institution is an equal opportunity provider.
Quick Facts
Total Investment: $20,650,472
Developer: McKnight Realty Partners
Owner: McKnight River Walk, LP
Allocatee: MBS Urban Initiatives CDE, LLC
NMTC Equity Investor: U.S. Bancorp CDC
Other Financing: First National Bank
Property Management: McKnight Property Management
Architect: Indovina Associates Architects LLC
Other Partners (Cities, Civic Support): Commonwealth of Pennsylvania, Commonwealth Cornerstone Group, Redevelopment Authority of Allegheny County, Urban Redevelopment Authority of Pittsburgh, Pittsburgh Urban Initiatives
Green Certification Program(s): LEED
Square Footage: 800,000 sf (545,000 sf office; 50,000 sf retail; 210,000 sf structured parking)
Projected Construction Jobs: 40
Projected Permanent Jobs: 1,037