Redevelopment Opportunity adjacent to PPG Paints Arena | 1100-1106 5th Ave

Highlights

• Adjacent to PPG Paints Arena and home of the Pittsburgh Penguins hockey team
• Opportunity Zone redevelopment!
• Flexible UPR-A zoning permits a variety of uses
• Hot neighborhood for development with 1M+ SF under construction

Description

SVN Three Rivers Commercial Advisors is pleased to present this opportunity to acquire and develop 1100 - 1106 5th Avenue within Pittsburgh's Uptown neighborhood and the Central Pittsburgh Opportunity Zone. This portfolio of two office buildings on three parcels features 63' of frontage along 5th Avenue directly across from PPG Paints Arena with an ADT of 10,468 and surges of foot traffic during hockey games/events at the stadium.

Nearby construction in the neighborhood includes the 26-story FNB Financial Center and large lower hill development, 80k SF College of Osteopathic Medicine and 229 bed 12 story dorm at Duquesne University directly (adjacent to 1100-1106 5th Ave), 410k SF UMPC Vision and Rehabilitation Tower, and the Bus Rapid Transit (BRT) project running the length of 5th Avenue.

Located in Allegheny County

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