Last week the Business Times reported that EQT was looking for a new headquarters. EQT joins First National Bank in the search for about 250,000 square feet of consolidated office space. Rumors have been circulating for months in real estate circles that both firms are being courted by Buccini/Pollin for the anchor of the first office building at the former Civic Arena site. A lead tenant would probably have its name on a mid-rise tower that would kick off the $100 million redevelopment. Reports cannot be confirmed that the developer is working with a joint venture involving Mascaro, PJ Dick and Massaro.
While the healthcare headlines are about UPMC delaying hospital construction and the Highmark/UPMC insurance battle at the Supreme Court, AHN has been quietly building hospitals. The Allegheny General Cancer Institute is rolling towards completion at year’s end. Construction is underway on neighborhood hospitals in McCandless, Greensburg, Harmar and Brentwood, and the steel is flying on AHN’s $220 million new Wexford hospital.
PJ Dick is doing preconstruction on the $50 million Scaife Hall replacement at CMU. And Findlay Township supervisors will meet tonight and reaffirm the August 2016 approval of a 1,054,000 square foot distribution center at Chapman Westport, which will be the long-awaited Amazon fulfillment center. Permits have not been issued yet but construction is expected to begin in June.