September 25, 2017 Vol. 1, No. 1
A Message From Lucas Piatt
Welcome to our first Millcraft company newsletter! With the hectic nature of our recent growth, interesting news can sometimes be lost along the way. We hope this collection of updates and announcements is helpful and informative. Everyone within the Millcraft family should know what is in the project pipeline, and have the ability to throw out the “30-second elevator pitch.” You, the Millcraft team member, is our best asset and our best salesperson.
This year, Millcraft is acknowledging its 60th year. Beginning as a steel company in 1957, Millcraft has become one of the region’s most recognized real estate developers; not the biggest, but among the best. We encourage you to follow Millcraft on social media and the news page for interesting archive finds.
As we round out 2017, Millcraft is rapidly moving forward with exciting projects. Starting this month, we are taking pre-sale reservations for Lumière, a new condominium project in Downtown Pittsburgh. Home prices are starting in the mid-$200s, with sales managed by our newest and very exciting venture, Piatt Sotheby’s International Realty.
The second Piatt Sotheby’s International Realty office opened in September, with more locations opening soon in Sewickley and Southpointe before the year’s end.
The brand new Home2 Suites hotel in Beaver is due to open in October, and the Hilton Garden Inn Southpointe, our very first hotel venture, will be receiving some needed renovations this fall.
Our largest vision to date, The Esplanade, which will be located on the North Shore of the city, is currently being designed and plans are developing quickly. We will be releasing those details as soon as possible to the public.
Thank you all for being part of our hardworking and visionary organization; success is never achieved alone. I’m looking forward to seeing all of you at the December holiday party Downtown at Roost!
You May Have Seen Us At...
Chad Wheatley, Jack Macioce, Chelsea Peluso, Ed Page Lucas Piatt, Kate Balzer, Pam Tracy, Mark Jennings, Michelle Sager, Chelsea Peluso, Conrad Waite Millcraft and Piatt Sotheby’s International Realty sponsored As sponsors of the Pittsburgh Vintage Grand Prix, St. Clair Hospital’s 20th Annual Summer Swing golf outing members of Piatt Sotheby’s International Realty attended on July 17, benefiting the organization’s ongoing efforts. the Black Tie and Tailpipes Gala on July 7th.
Jacksons Chef Pairing | Riverlife: Party at the Pier | Revel+Roost/Pirata Rum, Rock & Reggae Block Party River Vue Deck Grand Opening | Piatt Sotheby’s International Realty’s Hartwood Office Grand Opening Company Updates
• Loan refinancing closed in July for Crossroads Center, Southpointe Plaza II and Summit Corporate Center, strategically setting these assets up for the future.
• McConnell Trails LLC, 80% owned by Millcraft Investments acquired 135 acres in Cecil Township. The acquisition and loan closing will provide for residential lot development (285) homes.
• The new subsidiary of Millcraft Financial Services LLC (“MFS”), Piatt Settlement Services LLC, will be providing title and closing services for the residential community. MFS provides title and closing services for the commercial community.
New Hires • William Holt – Jr. Leasing Administrator, Market Square Place – May 22 • Terry Howard – Porter, Gateway Towers – May 30 • Stephen Burton – General Manager, Hampton Inn – July 1 • Carlo Paglia – General Manager, Microtel – July 1 • James Eakin – Maintenance Technician, Property Management Southpointe – July 10 • Alexandria “Bailey” Sherrier – Marketing Director, Piatt Sotheby’s International Realty – July 20
News, Promotions & Anniversaries • Chad Wheatley and Kate Balzer were awarded in the The Incline’s Who’s Next: Housing series. New Tools: Skype • Brian Walker was appointed to the National Board for NAIOP As part of the Office 365 upgrade, for a term commencing 1/1/18 and ending 12/31/20. employees can now access Skype to • William Holt passed the PA Real Estate Exam. instant message and video conference • Celeste Begandy was promoted to Marketing Specialist. other employees and Skype For • Anthony Farley was promoted to General Manager of the Business users. Search for “Skype” on your computer and load the program. Home2 Suites. Sign in with your Office365 credentials. • Dawn Ferrelli was promoted to the Director of Revenue Management of Millcraft Hospitality. Watch this introductory video. If you’re experiencing computer problems, email Jean McNeill. Jack Piatt - 60 Years Valarie Witcherman - 5 Years Amy Neely - 20 Years Charlie Brandon - 5 Years
Tenant Spotlight
Romesburg Physical Therapy & Sports Fitness Welcome our newest Crossroads Center tenant, Dr. Nate Romesburg. Occupying the first floor retail space, the Romesburg Physical Therapy & Sports Fitness center will serve clients in Southwestern Pennsylvania and Northern West Virginia. Services include free discovery visits, golf fitness evaluations, and post-operative care.
Learn more at physicaltherapyfitness.us Department News
350 Oliver, also known as the Saks redevelopment, assembled the final pieces of Phase I precast concrete on August 4. Phase I consists of 23,574 square feet of retail space and 583 parking spaces. Phase II will host 86 condos, known as Lumière, with pre-sales starting soon. Fogo de Chao, a Brazilian steakhouse, will begin construction this month.
St. Clair Hospital is evaluating main campus improvement projects. They recently received approval form Scott Township Planning Board for a new Employee Parking Structure, scheduled to begin construction in October. The next phase of the project is currently in design, and we are working with PJ Dick on preconstruction activities.
Tower Two-Sixty recently welcomed international law firm McGuireWoods to the 17th and 18th floors. This building is now approximately 90% occupied.
Esplanade, a large mixed-used project hosting hotels, residences, and retail in Pittsburgh’s North Shore, is in the very early stages of design and development.
On August 26th, Revel + Roost partnered with Pirata to host the first annual Rum, Rock & Reggae block party in Downtown. It was a rockin’ success! Revel + Roost and Jacksons are keeping the music flowing with Friday Night Live: live music every Friday at 7 p.m.
The Home2 Suites in Beaver Valley is nearing completion, and is hosting a ribbon cutting on October 26th. This line of Hilton hotel is a mid-tier extended stay brand.
Beginning this fall, the Hilton Garden Inn Pittsburgh-Southpointe Anthony Farley, Paul Bazzano, Louis Calabria, Dawn will be undergoing renovations to the guest rooms, corridors, and Ferrelli, Melissa Furlong, Matt Knight – Front Office ballroom. Last updated in 2008, the first phase will be to close Manager, Breanne John – Executive Housekeeping sections of the guest rooms and re-open as they’re ready. Manager, Brittney Golden – Sales Manager
First Avenue Lofts in Downtown Pittsburgh is the newest addition to Property Management’s portfolio. This is owner Todd Palcic’s second residential building after Lando Lofts, also managed by Millcraft. Will Holt, our newest junior property manager, and Justin Horvat are representing this project.
Ed Page submitted a proposal to Cushman & Wakefield to manage a retail plaza in Pleasant Hills.
The rooftop deck and new resident lounge at River Vue was completed at the end of June, just in time for Fourth of July fireworks. River Vue threw a grand opening party to celebrate. Market Square Place also hosted a resident happy hour, complete with food, drinks, and music by singer Katie Joy.
A Round Of Applause... The Hartwood Office, located in the North Hills, opened in early September to serve clients of Fox Chapel, Hampton, and Allison Park.
Leading the Hartwood office is Linda DiBucci and her team, Michael DiBucci, Tricia Brooks, and Karin Tenaglia. This office hopes to expand to 10 more agents.
Robert Byrne, Garrett Freund, Fran Santangelo, Mark Welcome Billy Lane, our newest agent from San Francisco, and Jennings, Lucas Piatt, Todd Kilgore. Pam Tracy, Tricia Conrad Waite, a Pittsburgh native serving the city. Brooks, Linda DiBucci, Michelle Sager, Kate Balzer, Racheallee Lacek, Mr. Piatt On September 6th, we welcomed Sotheby’s International Realty® corporate members Fran Santangelo and Robert Byrne to officially celebrate our affiliation and introduce them to Pittsburgh.
Several of our agents will be attending the Sotheby’s International Realty® Global Networking Event being held in Las Vegas at the end of September.
Upcoming Events Stay tuned for volunteer events!
Friday Night Live Home2 Beaver Valley Ribbon Cutting Live music at Jacksons and Revel + Roost Thursday, October 26 Starting at 7 p.m. every Friday Revel + Roost Halloween Bash Savor Pittsburgh Saturday, October 28 The region’s finest chefs share their culinary creations. Jacksons and Revel + Jacksons Wine Dinner Roost participating. Saturday, November 4 Thursday, September 28 | savorpgh.com Millcraft Holiday Party Walk to End Alzheimer’s Friday, December 15 - Roost Join the Millcraft team and donate here. Saturday October 7, 8:30 a.m. Consol Energy Park
Press Coverage See all press releases online.
• Downtown's former Saks site could be tuned to venue for live music | August 31, 2017 • Entertainment Venue Proposed For Vacant Department Store Downtown | August 31, 2017 • Developers adding more condos -- and two more floors -- at former Saks Fifth Avenue | August 16, 2017 • Who’s Next Housing – Chad Wheatley & Kate Balzer | August 14, 2017 • Our Region’s Business – Lucas Piatt | August 16 • First Avenue Lofts are the latest addition to Downtown’s fast-growing Firstside Historic District | July 27, 2017 • WorkZone: Caring for -- and cleaning up after -- horses taught him to stay on his toes | June 5, 2017 • Millcraft, McKnight opt for condos at Saks redevelopment site | May 26, 2017