East Liberty

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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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/