New Markets Tax Credit Coalition

421 7th Avenue

The 421 Seventh Avenue building is located on a prominent corner in the Pittsburgh Central Downtown Historic District, which is listed in the National Register of Historic Places of the U.S Department of Interior.

Investment

  • NMTC Amount: $6,111,000
  • Total Project Cost: $9,086,490

IMPACT

  • 140 FTE jobs
  • 227 construction jobs
  • Rehabilitation of a historic structure.
  • 35,000 sq. ft. of real estate

Project Description

The 421 Seventh Avenue building is located on a prominent corner in the Pittsburgh Central Downtown Historic District, which is listed in the National Register of Historic Places of the U.S Department of Interior. Redeveloping and restoring the building has not only renewed a beautiful Renaissance Revival structure, but has also continued the traditional contribution of historical buildings to the Pittsburgh Skyline and the city’s downtown character professions. The fifth and sixth floors are available for occupancy.

The project involved the renovation of a building into a 35,000 sq. ft. private secondary education school plus 16,000 sq. ft. of office space. Pittsburgh Skyline and the city s downtown character. The 421 Seventh Avenue Building, originally known as the Federated Investors Building, was constructed on the former site of the First United Presbyterian Church.

MAP

Address: 421 Seventh Avenue, Pittsburgh, PA 15219

Census Tract: 42003020100

PDF Profile

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