The Cork Factory

Format
Brief

City
Pittsburgh

State/Province
PA

Country
USA

Metro Area
Pittsburgh

Project Type
Multifamily Rental

Location Type
Other Central City

Land Uses
Multifamily Rental Housing
Open space
Parking
Restaurant
Retail

Keywords
Adaptive use
Former industrial site
Historic buildings
Loft apartments
Public-private partnership
ULI Awards for Excellence 2009 Winner

Site Size
4.1 acres
acres hectares

Date Started
2005

Date Opened
2007

A brief is a short version of a case study.

The redevelopment of a former Pittsburgh industrial site, the Cork Factory features 297 loft apartments throughout three historic buildings, an organic grocery store, a restaurant, and a 427-space parking garage. Financed through an imaginative mix of historic tax credits, a facade easement, and city and commonwealth grants, the US$78 million project has exceeded the expectations of the developer, McCaffery Interests. The 4.1-acre (1.6-ha) site had proven resistant to redevelopment, but today the Cork Factory leads the residential and retail resurgence in the historic Strip District.

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Developer
McCaffery Interests, Inc.
Chicago, IL

Owner
Big River Development, LP
Chicago, IL

Architect
Antunovich Associates
Chicago, IL

Website
www.thecorkfactory.com

Principal Author(s)
Theodore Thoerig, Alexandra Notay, David Leipziger

ULI Awards for Excellence 2009 Winner