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A major $ 600 million project to bring new life to the North Side

Pittsburgh (KDKA) — A major project to refurbish the Ohai Oliver Front on the North Side is receiving more support.

Millcraft Investments received a $ 10 million state grant from the Redevelopment Assistance Capital Program.

Millcraft spokesman Molly Onufer said the grant will be directed to the first stage of the promenade, which includes a Ferris wheel, 300 apartments, restaurants and a marina.

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The goal is to transform a quiet, industrialized area into a more cozy community.

“There are all these gates and stop signs, check in with the guards and you don’t really feel like you’re back here,” said Brian Howe, Manager of GetHip Records. .. “But you can come back here.”

Howe has been working in a chateau shop for 10 years. He wants more people to go through the neighborhood. He believes the promenade project will be the right attraction.

“It will definitely bring a lot of people to this part of the town,” Howe said. “Even on the North Shore, in my opinion there is no traffic of people who should be there, and there are many wonderful things there.”

Developers are still designing the layout, according to Onufer, but the project is expected to cost $ 600 million. Includes 480 apartments, 105 condos, pavilions and parking with affordable housing.

“As far as I understand, it’s really hard to find a quality, affordable home,” Howe said. “So it would be really nice to see it more in the area.”

Onufer also wants to reconnect to neighboring areas of the North Side, such as the chateau and Manchester. She also said it would boost the store’s economy and sales.

According to Onufer, the project will create 7,100 construction jobs and 4,500 jobs after completion. She added that it would generate $ 880 million in annual spending.

According to Onufer, Millcraft Investments hopes to start construction by 2024 and open the first phase to the public by 2026.

A major $ 600 million project to bring new life to the North Side

Source link A major $ 600 million project to bring new life to the North Side

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