CBRE Markets Prime Development Site on Pittsburghs Premier Grant Street
CBRE Markets Prime Development Site on Pittsburgh's Premier Grant Street
| June 5, 2017
Pittsburgh – June 5, 2017 – CBRE, Inc. as the exclusive representative of Interpark Holdings, is pleased to present a 1.79 acre development site at 401 Grant Street, one of Pittsburgh’s prime downtown locations in the Central Business District (CBD). The CBRE marketing team includes Gerry Dudley, Kyle Prawdzik, and Dan Sliger.
InterPark Holdings – North America’s premier owner, operator and developer of parking facilities – is actively seeking a development partner to design, build and own a major mixed-use project at the Grant Street site. In addition to a new parking garage, development options to be considered include multifamily, office, hotel or mixed-use configurations.
The parcel totals 77,998 square feet and is currently used as a surface parking lot. This premium site is one of the only available development parcels in the CBD.
The location on Grant Street and Forbes Avenue is within convenient walking distance to all major office centers and corporate headquarters, city and county offices and courts, along with Pittsburgh’s notable restaurants, sports arenas, and cultural and entertainment venues.
“401 Grant Street offers an extraordinary opportunity to develop a major project on the most recognized street in what is widely regarded as one of the most vibrant downtowns in the country,” said Kyle Prawdzik, Vice President with CBRE Investment Properties.