Thursday, June 13, 2013

Did you know that Grant Street wasn't always level?


Over the next few weeks (and maybe more), we here at Grant Street Associates, Inc. have decided to delve into our city’s past and dig out some interesting facts or stories that we wanted to share with you.  Along with new photos and a fresh spin on things, we’re aiming to do a top 5 list of things you may not have known about Pittsburgh. 

 So without further ado, here is our first installment.

 
While you might take a leisurely stroll to admire the great architecture along Grant Street or maybe you’re just running to get your lunch, walking down one of the main thoroughfares of the Central Business District wasn’t always so easy.  Grant Street as we know it was actually a hill. 

 
Grant’s Hill, or The Hump, rose 33 feet above current ground level.  Peaking at Fifth Avenue the hill graded all the way down to Smithfield Street.



Grant Street Site Plan
 
Uptown, was quite literally, up town.  Traversing the hill was a pain not just for pedestrians, but for the horses and carts that were commonly used at the turn of the century.  The city deemed the hill a detriment to travel and growth, and set out the long process of removing it.  Starting work in 1836, the hill was removed in three parts over the next 76 years, and finally complete in 1912.


Grant Street During Construction
 
 
Many of the buildings still show signs of the excavation, most notably, The Frick Building.  The pillars that start above ground level once stood flush with the original Grant Street.  The lions, which originally guarded the entrance to the building, now sit one story above looking down towards the entrance.  The basement of The Frick, then became the entrance and lobby we know today. 

 
 



Monday, March 25, 2013

Pittsburgh Real Estate Brokers Win CoStar Power Broker Awards - CoStar Group


Once again, Grant Street Associates, Inc. has earned the CoStar Power Broker Award for being among the Top Sales Firms and Top Leasing Firms in Pittsburgh in 2012.

Individually recognized Grant Street Associates Power Brokers include:

Robert N. Geiger - Office Leasing
Gary Roberson - Office Leasing
Jared Imperatore - Retail Leasing
JR Yocco - Retail Leasing
Randy McCombs - Industrial Leasing & Top 10 Sales Brokers
 
50% of our 2012 brokers have received a designation in their respective concentration.


 


Wednesday, March 20, 2013

Southpointe - The Cranberry of the South?



Source: southpointechamber.com
 
For years, when a new restaurant, department store or, well, virtually anything new comes to the Pittsburgh area, it’s inevitable – they usually end up in Cranberry.  Cranberry was, and still very much is, an area that scores very well with businesses looking to break into this marketplace.  It is a place with higher income levels and more disposable income.  However, as the Marcellus Shale industry continues its upswing, Southpointe keeps getting hotter and hotter.

A decade ago, there were a few shops, a golf club and some residential areas.  Today, there is an ice rink where the Pittsburgh Penguins spend their days practicing, corporate headquarters of Consol Energy, Mylan Labs, Accu Trex Products, USG Insurance, Metso Minerals, UBS, Range Resources  and Ness Technologies, to name a few.  The planned retail amenities are endless – restaurants, a hair salon, an Italian market, childcare facility, health club/fitness center and several hotels. 

Southpointe is quickly becoming a destination for shopping, entertainment and dining.  But, if you already happen to live or work there, considering all of the amenities, you never have to leave.



Construction is in full swing at Southpointe Town Center


 

 Buildings A and B in Southpointe II Town Center have broken ground and estimate delivery in late 2013. They each will consist of 30,000 SF of office on the second floor and 30,000 SF of retail on the first floor with individual spaces ranging from 1,250 SF – 15,000 SF.

Jared Imperatore and JR Yocco, Vice Presidents of Retail for Grant Street Associates, Inc. are currently marketing the retail space at Southpointe Town Center II.  For more information please contact them at 412-391-2600. 

For more information regarding the available office space at this location, please contact Mike Swisher at Horizon Properties at 724-514-6379.