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Pittsburgh Business Times
New Burgh gets very high density rezoning for Negley redevelopment
A "lighting bolt district" has been approved by the Pittsburgh Planning Commission to spark a dense new apartment redevelopment on the Mellon's Orchard site on Negley Avenue in East Liberty.<\p> The hearing over the proposal to rezone a portion of Negley Avenue between Rural and Rippey streets to "very high density" generated a thoughtful debate in which a good-sized contingent of nearby home owners opposed it as too dense, while affordable housing advocates were in full support.<\p>
What EQT will do with its newly acquired Mountain Valley Pipeline
EQT Corp. plans to sell off only a minority stake in the Mountain Valley Pipeline and other regulated natural gas assets it acquired earlier this week with the rest of Equitrans Midstream Corp. It sees greater value in keeping MVP as it fortifies an integrated model of natural gas production and transmission.<\p> EQT (NYSE: EQT) on Monday announced it had closed a few months early the $5.4 billion all-stock acquisition of Equitrans Midstream Corp. (NYSE: ETRN), the Canonsburg-based pipeline company that built and operated MVP as well as gathered gas and taken care of water needs for EQT.<\p>
Walnut Capital's Bakery Square Connector plan vote to wait
A plan for a 14-acre stretch along Penn Avenue will have to wait until early September for a final vote from the Pittsburgh Planning Commission.<\p> After more than two years of community meetings and two sessions of briefings, the commission voted to hold off on a final vote on Walnut Capital's proposal for a specially planned zoning district expansion for the Bakery Square Connector.<\p>
Here’s where Pittsburgh ranks among the most fit cities in the USA
Pittsburgh’s among the most fit cities in the United States, according to a report released Tuesday by the American College of Sports Medicine and Elevance Health Foundation.<\p> Pittsburgh ranked No. 17 on the ACSM/Elevance Health Foundation Fitness Index, racing up the list a dozen spots in a year. The Steel City outperformed nearby rivals Buffalo, New York (No. 38), Cleveland (No. 48), Philadelphia (No. 55) and Columbus, Ohio (No. 66). The top two cities were right next to each other: Arlington, Virginia, and Washington, D.C.<\p>
Kennametal IP chief counsel departs for Pittsburgh law firm
Leech Tishman announced that it has hired Larry Meenan as a member of its Intellectual Property Group. Meenan joined as counsel and is based in the law firm's headquarters office in downtown Pittsburgh.<\p> He previously served as in-house chief counsel for intellectual property at Kennametal Inc. (NYSE:KMT) and had joined the Pittsburgh-based manufacturer in 2008.<\p>
Penguins GM tapped as director for Canadian tournament team
Kyle Dubas' plate just got a little more full.<\p> Dubas, who serves as the president of hockey operations and general manager of the Pittsburgh Penguins, was selected Tuesday to act as a director for Canada's 2025 4 Nations Face-Off Team.<\p>
New Kensington Advanced Manufacturing Park lands $6M in PA BOS funds
The redevelopment of the New Kensington Advanced Manufacturing Park, a joint effort between the Regional Industrial Development Corp. and the Westmoreland County Industrial Development Corp., has landed new funding. <\p> The project is now set to receive $6 million from the Pennsylvania Business in Our Sites program, administered by the state Department of Community and Economic Development. The funding through the program comes in the form of a $2.4 million grant and a $3.6 million loan, according to a release from State Sen. Joe Pittman, R-Indiana County. The funds will be used for permitting, engineering, demolition, electrical improvements and water and stormwater management. <\p>
Local tech company to offer generative AI technology to nurses
Pittsburgh's near-unicorn tech company Abridge is expanding its platform that has previously only served doctors to now serve nurses.<\p> The East Liberty-based company, which is currently valued at approximately $850 million, provides health systems with a service that transcribes conversations between clinicians and their patients using generative AI. The company is backed by Nvidia, one of the most valuable companies in the world by market cap and the world's biggest AI computational technology producer, and has expanded across several health systems this year. The service is provided in partnership with Epic, which patients may know as the parent company behind MyChart.<\p>
Elizabeth Dam demolition sped up to clear channel faster
Demolition work at the Elizabeth Locks and Dam system will be accelerated and finished well ahead of schedule after lower-than-expected water levels restricted commercial traffic on the Monongahela River.<\p> The demolition of the 117-year-old dam began earlier this month and wasn’t expected to impact barges and tugboats that travel through the locks. But for reasons that aren’t completely known yet, the water level in the Elizabeth Lock after the first blast could only accommodate 7-foot vessel drafts and not the 9-foot drafts expected. A draft is the space between the bottom of a boat to the surface water; the higher the draft, the more space it requires to navigate waters safely.<\p>
Here's the site of Bank of America's next Pittsburgh branch
Bank of America has another Pittsburgh-area branch in the works, a regulatory filing revealed.<\p> The Charlotte, North Carolina-based financial giant filed an application with the Office of the Comptroller of the Currency to open a branch at 4032 William Penn Hwy. in Monroeville.<\p>
Dick's Sporting Goods inks Team USA partnership as retail sponsor
Dick's Sporting Goods announced an exclusive partnership with Team USA and LA28 making Dick's the official sporting goods retail provider.<\p> Dick's (NYSE: DKS) will also serve as an official supporter of Team USA for Paris 2024, Milano Cortina 2026, and LA28. During the Olympic Games running July 26 to Aug. 11 in Paris, Dick's will have ad placements during NBCUniversal's coverage. This will continue during the 2024 Paralympic Games in Paris, held Aug. 28 to Sept. 8. Dick's first partnered with Team USA during Rio 2016 and PyeongChang 2018.<\p>
Douglas Development faces lien on downtown residential conversion
Douglas Development Corp.'s first Pittsburgh redevelopment project, a residential conversion of an historic warehouse building overlooking the Allegheny River, is facing a legal challenge by one of its construction contractors.<\p> According to a June 28 filing, Arch Masonry Inc., a local masonry firm, has filed a mechanic's lien with a $158,000 claim against a Douglas affiliate over work on 642 Fort Duquesne Blvd., a nine-story building that dates to 1917 that was built as a warehouse and office for Pittsburgh Plate Glass Co., a predecessor of today's PPG.<\p>
PASSHE chancellor to step down after 6 years
Dan Greenstein, chancellor of the Pennsylvania State System of Higher Education for the past six years, is leaving in less than three months.<\p> Greenstein informed the board he will complete his service on Oct. 11, 2024, PASSHE announced on Tuesday.<\p>
LA law firm opens downtown Pittsburgh office with 17 attorneys
Raines Feldman Littrell LLP has opened a Pittsburgh office at 11 Stanwix Street, the same building as Whiteford Taylor & Preston, the law firm from whom it took all 17 lawyers it employs here.<\p> They're on different floors — Raines Feldman is in Suite 1100, Whiteford Taylor is at Suite 1400.<\p>
Country clubs are getting younger. Not everyone is happy about it.
Pine Tree Country Club general manager Andrew Smith isn’t sweating the dress code.<\p> The Birmingham, Alabama, club has relaxed its clothing rules since its founding in 1968, when it debuted as the result of a merger between two private clubs. Since then, the focus at the club has been on creating a fun, friendly atmosphere where people can meet — and membership has grown as a result.<\p>
Developer pursuing new condo project in the Strip District
Right now, a combination PA Libations Wine shop and Helltown Brewing satellite location operate out of the long-established building at 1700 Penn Ave., with an outdoor patio serving customers along side it.<\p> But a sale of the property to tech entrepreneur and developer Francois Bitz may usher in a residential redevelopment of the Strip District property into a 12-story condo address.<\p>
EPA grant the second-biggest federal investment for PA
Gov. Josh Shapiro called Monday’s announcement of $396 million in Environmental Protection Agency funding to help decarbonize Pennsylvania’s industrial sector the second-largest federal investment in the commonwealth’s history.<\p> The money, which will be distributed to shovel-ready industrial plants in southwestern Pennsylvania and across the state, is part of $4.3 billion in Climate Pollution Reduction Grants announced Monday by the EPA and highlighted in a visit to Castle Builders Supply & Trucking and Lindy Paving by Shapiro and EPA Administrator Michael S. Regan.<\p>
Why Cliffs, United Steelworkers never lost hope for Weirton plant
In the months after the crushing blow of an idling of a tinplate plant in the center of Weirton, West Virginia, the idea of finding more work continued to be top of mind for Cleveland-Cliffs CEO Lourenco Goncalves, his executive team and local and international representatives from the United Steelworkers.<\p> What was clear was, thanks to a changing market and a trade ruling against Cliffs, that Weirton wasn’t going to be making tinplate anymore.<\p>
Carnegie Museum of Natural History gets Bayer Fund grant
Carnegie Museum of Natural History announced that it received a grant for $25,000 from Bayer Fund. This grant will support learning experiences for over 2,000 people during the next school year within the museum and classrooms led by museum teachers.<\p> “We are thrilled to have financial support from Bayer Fund to help increase access to new museum programs that integrate environmental literacy and sustainability with STEM education,” Laurie Giarratani, director of learning and community, said in a release.<\p>
The Advanced Leadership Institute graduates 2024 ELA cohort (photos)
On Friday, July 19, The Advanced Leadership Institution celebrated the graduation of its 2024 cohort for its flagship program, the Executive Leadership Academy. <\p> TALI held the graduation ceremony at Carnegie Mellon University's Tepper School of Business, which partners with TALI on the program. This year's class was made up of 21 participants from local companies. <\p>
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