Late Summer Project News

Even in the dead, slow summer in the middle of a pandemic there are still some interesting project announcements. Earlier this week, Clark Street Capital made a presentation of its proposed 300-unit apartment project at 3500 Forbes Avenue in Oakland. A rendering of the project by architects Dwell Design Studio is below. No CM announcement as yet. The $50-60 million tower is the third mid-rise project moving through development in the western Forbes-Fifth corridor in Oakland. Walnut Capital’s innovation Research Tower is under construction. Wexford Health’s research tower on Forbes a block to the east is moving through city approvals.

3500 Forbes Avenue. Rendering by Dwell Design Studio

The city announced an innovative approach to the increased level of homelessness this week. A public/private partnership is developing the “Project Cares” building on Second Avenue. PJ Dick is the contractor for the $15 million, 45,000 square foot building, which is scheduled to start by fall.

In other construction news, TEDCO was the successful bidder on the new $1.7 million PNC branch in Rostraver Township. DiMarco Construction broke ground on a $4.6 million, 18,000 square foot new animal hospital for AVETS in Monroeville. Caliber Contracting Services was selected to build the new $2 million Kinder Care in McCandless. MBM Contracting will be the contractor for Dollar Bank’s new 80,000 square foot headquarters space at 20 Stanwix Street.

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