Pittsburgh Begins $27M Riverfront Development Project...

Earthmoving has begun on the first major construction project for a unique development in the Hazelwood area of Pittsburgh, Pa. The Phase 1 infrastructure, valued at $27 million, will provide a new riverfront street in the city of Pittsburgh (near the intersection of Hazelwood Ave. and Old Second Ave.) and prepare the entire site for redevelopment. The site’s history can be traced back to 1884, when the J&L Company started its first industrial plants along both sides of the Monongahela River. In 1887, the Hot Metal Bridge was constructed to connect the two plants owned and run by J&L Company. In 1974, LTV purchased J&L, and in 1997 the Hazelwood plant was closed. In 2002, four southwestern Pennsylvania foundations formed a limited partnership with RIDC (Regional Industrial Development Corporation), a non-profit private development organization as general partner. The group purchased the 178-acre LTV Steel Hazelwood site with the understanding that “this riverfront plateau offered a rare opportunity to set a new standard for urban riverfront property development.”