Format
Brief
City
Pittsburgh
State/Province
PA
Country
USA
Metro Area
Pittsburgh
Project Type
District/Corridor/Community
Location Type
Other Central City
Land Uses
Bridge
Hotel
Mixed Residential
Office
Restaurant
Retail
Transportation Use
Keywords
Adaptive use
Affordable housing
Creative finance
Luxury apartments
Mixed-use development
Neighborhood revitalization
Pedestrian-oriented development
Public art
Public attractions
Public-private partnership
Redevelopment
Transit-oriented development
Date Started
1995
A brief is a short version of a case study.
Because investing posed a high risk for private developers in this Pittsburgh neighborhood, local government played a pivotal role in early revitalization efforts. Located near downtown, East Liberty borders both a more affluent community and a lower-income community. A key first project, a home-improvement center brought residents together and kicked off two decades of revitalization. As the neighborhood transformed, perceptions of the market changed, and private developers gained the confidence to invest more heavily. The proportion of government subsidies declined, housing values rose dramatically, and crime fell by half.
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Format
Brief
City
Pittsburgh
State/Province
PA
Country
USA
Metro Area
Pittsburgh
Project Type
District/Corridor/Community
Location Type
Other Central City
Land Uses
Bridge
Hotel
Mixed Residential
Office
Restaurant
Retail
Transportation Use
Keywords
Adaptive use
Affordable housing
Creative finance
Luxury apartments
Mixed-use development
Neighborhood revitalization
Pedestrian-oriented development
Public art
Public attractions
Public-private partnership
Redevelopment
Transit-oriented development
Date Started
1995
Major Developers
City of Pittsburgh
Mosites Company
Walnut Capital
Principal Author(s)
Tom Murphy, Maureen McAvey, Bridget Lane
Source
Reaching for the Future: Creative Finance for Smaller Communities
http://uli.org/centers-initiatives/reaching-future-creative-finance-smaller-communities/