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NORTH SHORE DEVELOPMENT BY CONTINENTAL

Overview

In 2003, the Stadium Authority of the City of Pittsburgh and North Shore Developers, L.P. entered into an Option Agreement where the Pittsburgh Steelers and Pirates were given the opportunity to bring commercial development to the North Shore. The Option Area includes the land between PNC Park and Heinz Field.

North Shore Developers, L.P. contracted with Continental/North Shore Manager, LLC to be the developer of the Option Area. The master plan for the Option Area includes the development of office, retail, and residential uses.

The SEA provides staff support to the Stadium Authority in managing this development.

 

Features

Development in the Option Area includes the Equitable Resources Building, the Del Monte Building, Hyatt Place Hotel, Stage AE and North Shore Place I and II.

Equitable Resources Building

In August 2003, the Stadium Authority approved the sale of the first development parcel for construction of a new office building. After construction was completed, Equitable Resources became the prime tenant for the building. Currently, major tenants include Starkist and PJ Dick Corporation.

The Equitable Resources Building is located next to PNC Park facing the river and has two restaurants on the ground floor: McFaddens and Hyde Park Prime Steakhouse.


McFadden's, an Irish Pub and Restaurant, has several different party rooms and floors and is well-known for its night life. Hyde Park is one of Pittsburgh's premier restaurants and boasts an outdoor patio overlooking the river.

Architect: Strada
Construction Manager: Continental
Total Development Cost: $30 million
Office Space: 125,000 square feet
Retail & Restaurant Space: 25,000 square feet
Construction Start: October 2003
Construction Complete: April 2005

Del Monte Building

In March 2004, the Stadium Authority approved the sale of two development parcels for construction of a second office building. After construction was completed in 2005, Del Monte became the prime tenant in the building. Other tenants include the VA Administration, ROOT Sports, and People's Natural Gas. The first floor provides space for restaurant and retail use including:

 

Architect: Strada
Construction Manager: Continental
Total Development Cost: $40 million
Office Space: 270,000 square feet
Retail & Restaurant Space: 43,000 square feet
Construction Start: June 2004
Construction Complete: February 2006

Hyatt Place Hotel

In August 2008, the Stadium Authority approved the sale of the fourth development parcel to Continental/Rockbridge North Shore Hotel, L.P. for the construction of a 7 story, 178 room, Hyatt Place Hotel. Construction began in summer 2009 and the hotel opened in December 2010.

 

Architect: Burt Hill
Construction Manager: Continental Building Systems
Total Development Cost: $27 million
Building Space: 108,500 square feet
Total # of Rooms 178
Parking Spaces: 148
Construction Start: Summer of 2009
Opened: December 2010

Stage AE

In August 2008, the Stadium Authority approved the sale of a four acre parcel adjacent to Heinz Field to PSSI Stadium Corp. Formerly a surface parking lot, this parcel was developed into Stage AE, which presents over 100 indoor and outdoor concerts and events year-round.

 

Architect: WD Partners
Construction Manager: Continental Building Systems
Total Development Cost: $13 million
Total Outdoor Capacity: 5,000
Retail & Restaurant Space: 36,063 square feet
Total Indoor Capacity: 2,600
Annual Number of Events: Approx. 100+ events
Construction Start: May 2010
Construction Complete: December 2010

North Shore Place I & North Shore Place II

In March 2013, the Authority approved the sale of a 1.6 acre parcel (a portion of an existing surface lot) to North Shore Developers, L.P. The parcel is located in the southern half of the surface lot along North Shore Drive adjacent to Stage AE and across the street from the Del Monte Buildings. This development consists of two three-story buildings with 5 retail spaces on the first floor, and office spaces on the upper two floors. A pedestrian passageway will provide for a continuous walkway from the river through Del Monte Building's view corridor, and through the new buildings. Future restaurants will include Toby Keith's I Love This Bar & Grill, North Park Lounge and Burgatory.

 

Architect: Strada
Construction Manager: Continental Building Systems
Total Development Cost: $26 million
Retail & Restaurant Space: 43,000 square feet
Office Space : 85,000 square feet
Construction Start: August 2013
Construction Complete (projected): September 2015

Last Updated 1/31/14

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