Featured:

Wood Street Commons

Pittsburgh, PA (2014)

Wood Street Commons is a 16 floor building, with floors 1-6 designated for commercial office space and floors 7-16 providing housing for single men.

COMMUNITY IMPACT
  • 50 FTE jobs
  • 60 construction jobs
FINANCING SOURCES
  • NMTC amount: $6,402,000
  • Total Project Costs: $7,735,853
  • CDE: Pittsburgh Urban Initiatives
PROJECT LOCATION

300 Wood Street

Pittsburgh, PA 15222

Project Description

Wood Street Commons is a 16 floors building, with floors 1-6 designated for commercial office space and floors 7-16 providing housing for single men. This is one of the remaining Single Room Occupancy buildings in the City of Pittsburgh. Action Housing, Inc. and Community Human Services (CHS) are the two lead organizations of the new development entity – Residences at Wood Street. The project enabled the Residences at Wood Street to complete a $10 million renovation of the commercial space and upgrade of the housing units above. The office space currently hosts City of Pittsburgh’s EARN Program and CareerLink Program, which benefit he building’s residents as well as the greater Pittsburgh community. With the commercial space occupied, the income stream from the leases helps the programming in the housing portion of the project as well as providing much needed services to the housing units clientele.

Historic Rehabilitation