Private Market Real Estate Offering Announced For Mixed-Use Redevelopment In Downtown Pittsburgh

A new private market offering is available for a redevelopment project to reposition a centrally located downtown Pittsburgh property.

The equity investment offering in 300 Sixth Ave. entails converting GNC Holding Inc.’s former headquarters into a mixed-use development. The 218,255-square-foot building will have 253 apartments and nearly 14,000 square feet of ground-floor retail space, according to offering sponsor GPG-Victrix.

Legendary architect Daniel Burnham designed the building, which opened as a department store in 1904. Because of its historic nature, the building will receive a projected $9.5 million in historic tax credits. Burnham also designed Chicago’s Montauk Building, considered to ...

Full story available on Benzinga.com

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A private market real estate offering has been announced for a mixed-use redevelopment project in downtown Pittsburgh. This initiative aims to revitalize the area by combining commercial, residential, and recreational spaces. The redevelopment plans seek to attract investment and promote economic growth in the downtown area.
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