421 7th Avenue

Pittsburgh,
PA
(2009)

421 7th Avenue

Community, Historic Rehabilitation, Mixed-use

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

CDEs

Commonwealth Cornerstone Group

Investor

Whitney National Bank

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

Other Pennsylvania Projects

West Philadelphia Institute

Philadelphia,
PA
(2019)

Adult Education, College or Vocational Training, Community, Healthcare, Historic Rehabilitation, Library, Retail, Vocational Training

CDE(s): PIDC Community Capital

This project involved the historic renovation of a 3-story, sq. ft. commercial office building.

Lawrenceville Technology Center- RIDC LTC 48

Pittsburgh,
PA
(2016)

Manufacturing, Tech Manufacturing

CDE(s): Mid-City Community CDE, Pittsburgh Urban Initiatives, USBCDE

Construction of a new commercial facility on a vacant industrial site featuring both light industrial and flexible office space for tenants in the technology manufacturing and robotics industry sectors.

Lehigh Valley Charter Arts School

Bethlehem,
PA
(2015)

Community, Schools, Theaters and Performing Arts Spaces, Youth and Families

CDE(s): City First, Community First Fund, The Reinvestment Fund

A new facility for the non-profit foundation that supports the mission of the Lehigh Valley Charter Arts School.

Paseo Verde

Philadelphia,
PA
(2012)

Adult Education, Affordable Housing, Brownfield Remediation, College or Vocational Training, Community, FQHCs, Healthcare, Housing, Mixed-use, Office, Retail, Retail and Commercial, Transit Oriented Development, Workforce Housing

CDE(s): Building America CDE, Corporation for Supportive Housing, Local Initiatives Support Corporation, WNC National Community Development Advisors

A $48.2M mixed-use, transit-oriented, green development in Philadelphia's Ludlow community - a low-income, distressed neighborhood currently undergoing a revitalization drive fueled by strong public and private collaboration.