SouthSide Works’ third apartment building to be built in three years breaks ground on January 30.
SouthSide Works City Apartments—a six-story, 264-unit building—is located on a 2.45 acre parcel at the corners of Sidney and 26th streets, adjacent to REI.
Features include 12,000 square feet of retail space on the ground floor, a Zen garden and courtyard, 12 different layout designs with hardwood floors, indoor/outdoor pool, a fitness center and an attached 563-space parking garage.
The $61 million development is the “kind of place where pots and pans come with the kitchen—whatever you need, it’s already there,” says the project manager, Mike King of Rycon Construction, based in the Strip District. “It will be stocked.”
Look for this U-shaped building—developed by Michigan-based Village Green Holding—to open in February 2016. Rental prices have not yet been determined.
From the early 2000s until 2012, there was a restriction that banned new residential construction in the SouthSide Works. This allowed the 270-unit Carson Street Commons (owned by Ohio-based Nationwide Realty Investors, the real-estate arm of the insurance company) virtually no competition except for an 83-unit residential development that was already under construction. In 2012, the URA paid a $500,000 settlement to end the decade-long restriction.
And developers were quick to swoop in:
Opening this July, Hot Metal Flats bills itself as “the most bike-friendly residential development in the City.” The 173-unit building will have 68 bike storage stations. Thanks to Pittsburgh’s biking boom, bike storage is cropping up in many new developments, but Hot Metal Flats will also have a bike repair shop, a bike cleaning area—and access to the River Trail.
“It is the perfect location for urban outdoor amenities,” says Megan Stearman, marketing manager for the project developer, Oxford Development.
Northside-based WTW Architects placed an emphasis on active living and designed the space to have ample greenspace, a professional-grade fitness center and an outdoor lounge (with grills open year-round). Pets are welcome—and will have their own mudroom with a wash station. ZIP car parking and public art will also be mainstays. Studios range from $1,250-$1,370; one bedroom $1,430-$1,700; two bedrooms $2,240-$2,700.
Walnut Capital begins pre-leasing on February 7. Check here for more information.
3030 South Water Street Apartments broke ground in November. Ralph Falbo—the man behind the Market Street Grocery and Doughboy Square Apartments—is spearheading development of the $10 million, 56-unit apartment building. The four-story building will be located on South Water Street, near the UPMC Sports Medicine Facility. Rents will range from $1,475-$1,575.
When all three complexes open, 493 new residential units will have been added to the SouthSide Works.
Just a block away from the SouthSide Works City Apartments another significant development is in the works—a 158,000-square-foot, six-story glass office building. The building will house 8,000 square feet of restaurant space, a parking garage with bike storage, locker rooms and terraces. On the banks of the Monongahela, there will be easy access to the riverfront park, trails and marina.
This is part of a four-parcel, mixed-use riverside development that was born out of a partnership between the SouthSide Works developer—the Soffer Organization—and the real estate investment trust, Highwoods Properties. Construction of the three remaining parcels will follow demand.
