Stalled Projects

August 21, 2009

The DOC-Economou project near Shadyside that stalled this past winter because of opposition from community groups hasn’t gotten back on track. Apparently, three developers showed interest in the former Don Allen site in Bloomfield back in April, but I have seen nothing about further progress in developing the site. DOC-Economou’s other project, a proposed $48 million hotel and condo project at the South Side Works, appears lost to the credit crisis as this Pittsburgh Post-Gazette article indicates the company has been unable to secure financing.

In other news, SouthStar Development withdrew its request (according to the Post-Gazette) in May to rezone land in Ridgemont for a 400 townhome and condo community in Pittsburgh and Green Tree called City Vista at Parkway Center due to opposition by the community. You can read more about the proposed project in this 2008 Post-Gazette article.

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