Pittsburgh New Construction & Proposed Multifamily Projects 3Q20
27
ID PROPERTY UNITS
1 Kaufmann's Grand on Fifth Avenue 311 Total Lease Up 311 36 30 6 The District 443
7 Connection @ South Side 280 13 35 8 Commonwealth 150 12 26 Building Redevelopment 23 Total Under Construction 873
6 9 Chatham Center 174 38 10 Fifth Avenue 52 11 Fifth Avenue and Dinwiddie Street 167 12 Garden Theater Block 62 39 13 The Garden 56
23 22RR 220 31 24 City's Edge 110 25 25 Civic Arena Redevelopment 288 32 33 26 Heinz Research 74 1 27 Arsenal 201 Phase II 343 8 9 24 37 34 10 Total Planned 1,546 11
30 2926 Smallman Multi Residential 50 31 632 - 634 Fort Duquesne Boulevard 76 32 Civic Arena Redevelopment Phase II 250 33 Civic Arena Redevelopment Phase III 430 34 Market and First 151 35 SouthSide Works 230 36 3250 Liberty Avenue 274 37 3500 Forbes Avenue 300
38 Esplanade Landing 700 7 39 North Shore 250 Total Prospective 2,711 1000 ft Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Pittsburgh New Construction & Proposed Multifamily Projects 3Q20
22 49 21
14 46
ID PROPERTY UNITS 47 2 Park Place at Meadowlands Phase II 88 4 The Flats at Summit Station 180 Total Lease Up 268 20 43
14 The Ross 124 44 51 18 Tuscany Pointe 156 19 Newbury Village 250 42 19 20 3721 Evergreen Drive 92 18 45 21 Brandt Drive 276 22 Meeder Flats by Watermark 304 Total Planned 1,202 4
48 42 Shannon Transit Village 152 43 Hawkins Village Redevelopment 53 2 44 Hawkins Village Redevelopment Phase II 50 45 Century III Mall Redevelopment 200 46 Findlay Crossings 135 47 Findlay Crossings Phase II 135 48 Canonsburg Senior 50 49 Clover 116 51 Castlegate Green 51 Total Prospective 942 5 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Pittsburgh New Construction & Proposed Multifamily Projects 3Q20
40 41
50 3 28 15
5
52
ID PROPERTY UNITS
3 Cornerstone Village Phase II 150 5 Kelly Hamilton Homes 58 Total Lease Up 208
15 5803 Centre Avenue 150 16 Waterfront 251 17 The Waterfront Redevelopment 251 28 Shady Hill Center 250 29 Gladstone Residences 53 Total Planned 955
40 Cornerstone Village Phase III 60 41 Cornerstone Village Phase IV 51 29 50 Beatty Square 220
52 Lexington Technology Park 125 16 17 Total Prospective 456 1000 ft Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Pittsburgh New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
1 Kaufmann's Grand on Fifth Avenue 400 5th Avenue Pittsburgh PA 15219 Lease-Up 311 Pittsburgh - Downtown 09/01/2016 12/31/2020 10/15/2017
2 Park Place at Meadowlands Phase II 2000 Wildflower Circle Washington PA 15301 Lease-Up 88 Canonsburg 02/01/2018 11/30/2020 04/01/2019
3 Cornerstone Village Phase II 185 Larimer Avenue Pittsburgh PA 15206 Lease-Up 150 Bloomfield 10/31/2017 11/30/2020 11/01/2018
4 The Flats at Summit Station 3001 Perimeter Blvd South Park PA 15129 Lease-Up 180 Jefferson Hills 02/01/2019 10/31/2020 09/01/2019
5 Kelly Hamilton Homes 2131 Reed Street Pittsburgh PA 15208 Lease-Up 58 Homewood 04/01/2019 10/31/2020 08/01/2019
Total Lease-Up 787
6 The District 21st Street & Waterfront Place Pittsburgh PA 15222 Under Construction 443 Pittsburgh - Downtown 11/01/2019 05/31/2022
7 Connection @ South Side 2984 Sidney Street Pittsburgh PA 15203 Under Construction 280 Southside 10/01/2019 05/31/2021 Commonwealth 8 316 4th Avenue Pittsburgh PA 15222 Under Construction 150 Pittsburgh - Downtown 11/01/2019 04/30/2021 Building Redevelopment Total Under Construction 873
9 Chatham Center 112 Washington Place Pittsburgh PA 15219 Planned 174 Pittsburgh - Downtown
10 Fifth Avenue 1717 5th Avenue Pittsburgh PA 15219 Planned 52 Hill District
11 Fifth Avenue and Dinwiddie Street Fifth Avenue and Dinwiddie Street Pittsburgh PA 15219 Planned 167 Hill District
12 Garden Theater Block Federal Street & West North Avenue Pittsburgh PA 15212 Planned 62 Northshore
13 The Garden 22 West North Avenue Pittsburgh PA 15212 Planned 56 Northshore
14 The Ross 7920 Perry Hwy Pittsburgh PA 15237 Planned 124 West View
15 5803 Centre Avenue 5803 Centre Avenue Pittsburgh PA 15206 Planned 150 Bloomfield
16 Waterfront 201 East Waterfront Drive Homestead PA 15120 Planned 251 West Mifflin
17 The Waterfront Redevelopment 149 West Bridge Street Homestead PA 15120 Planned 251 West Mifflin
18 Tuscany Pointe 1500 McLaughlin Run Road Upper St. Clair PA 15241 Planned 156 Upper St. Clair
19 Newbury Village Oakridge Road & Presto-Sygan Road Bridgeville PA 15017 Planned 250 Oakdale
20 3721 Evergreen Drive 3721 Evergreen Drive Monroeville PA 15146 Planned 92 Monroeville
21 Brandt Drive 105 Brandt Drive Cranberry Township PA 16066 Planned 276 Cranberry Township
22 Meeder Flats by Watermark Main Street & Rochester Road Cranberry Township PA 16066 Planned 304 Cranberry Township
23 22RR 2249 Railroad Street Pittsburgh PA 15222 Planned 220 Pittsburgh - Downtown
24 City's Edge 1400 Colwell Street Pittsburgh PA 15219 Planned 110 Pittsburgh - Downtown
25 Civic Arena Redevelopment 66 Mario Lemieux Place Pittsburgh PA 15219 Planned 288 Pittsburgh - Downtown
26 Heinz Research 1075 Progress Street Pittsburgh PA 15212 Planned 74 Northshore
27 Arsenal 201 Phase II 3922 Foster Street Pittsburgh PA 15201 Planned 343 Bloomfield
28 Shady Hill Center Penn Avenue & Shady Avenue Pittsburgh PA 15206 Planned 250 Bloomfield
29 Gladstone Residences 327 Hazelwood Avenue Pittsburgh PA 15207 Planned 53 Carrick
Total Planned 3,703 Source: Yardi Matrix Yardi Source: Pittsburgh New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
30 2926 Smallman Multi Residential 2926 Smallman Street Pittsburgh PA 15201 Prospective 50 Pittsburgh - Downtown
31 632 - 634 Fort Duquesne Boulevard 634 Fort Duquesne Blvd Pittsburgh PA 15222 Prospective 76 Pittsburgh - Downtown
32 Civic Arena Redevelopment Phase II 66 Mario Lemieux Place Pittsburgh PA 15219 Prospective 250 Pittsburgh - Downtown
33 Civic Arena Redevelopment Phase III 66 Mario Lemieux Place Pittsburgh PA 15219 Prospective 430 Pittsburgh - Downtown
34 Market and First First Avenue & Market Street Pittsburgh PA 15222 Prospective 151 Pittsburgh - Downtown
35 SouthSide Works 27th Street & Smallman Street Pittsburgh PA 15222 Prospective 230 Pittsburgh - Downtown
36 3250 Liberty Avenue 3250 Liberty Avenue Pittsburgh PA 15201 Prospective 274 Hill District
37 3500 Forbes Avenue 3500 Forbes Avenue Pittsburgh PA 15213 Prospective 300 Oakland
38 Esplanade Landing 829 Beaver Avenue Pittsburgh PA 15233 Prospective 700 Northshore NWC Mazeroski Way & 39 North Shore Pittsburgh PA 15212 Prospective 250 Northshore North Shore Drive 40 Cornerstone Village Phase III 185 Larimer Avenue Pittsburgh PA 15206 Prospective 60 Bloomfield
41 Cornerstone Village Phase IV 185 Larimer Avenue Pittsburgh PA 15206 Prospective 51 Bloomfield Castle Shannon Blvd & 42 Shannon Transit Village Pittsburgh PA 15234 Prospective 152 Castle Shannon Mt Lebanon Blvd 43 Hawkins Village Redevelopment 500 Kenmawr Avenue Rankin PA 15104 Prospective 53 Braddock
44 Hawkins Village Redevelopment Phase II 500 Kenmawr Avenue Rankin PA 15104 Prospective 50 Braddock
45 Century III Mall Redevelopment 3075 Clairton Road West Mifflin PA 15123 Prospective 200 West Mifflin SWC Boundary Street & 46 Findlay Crossings Coraopolis PA 15108 Prospective 135 Coraopolis Moon Clinton Road SWC Boundary Street & 47 Findlay Crossings Phase II Coraopolis PA 15108 Prospective 135 Coraopolis Moon Clinton Road 48 Canonsburg Senior 803 1st Street Canonsburg PA 15317 Prospective 50 Canonsburg
49 Clover 9th Avenue & Western Avenue Beaver PA 15009 Prospective 116 Beaver South Beatty Street & 50 Beatty Square Pittsburgh PA 15206 Prospective 220 Bloomfield Mignonette Street 51 Castlegate Green Dorchester Avenue & Midland Street Pittsburgh PA 15226 Prospective 51 Castle Shannon
52 Lexington Technology Park 400 North Lexington Avenue Pittsburgh PA 15208 Prospective 125 Homewood
Total Prospective 4,109
TOTAL PITTSBURGH 9,472 Source: Yardi Matrix Yardi Source:
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