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Real Estate
Developers have found Pittsburgh to be the premier location for their projects. In fact, over $3 billion worth of current and announced investment is being made in Downtown.
2008 PDP Initiatives
One of the PDP's newest housing initiatives, The Vacant Upper Floor Loan Fund, is intended to stimulate the economic revitalization of downtown Pittsburgh by creating the opportunity for downtown housing among the buildings with vacant upper floors. These residential developments will create a diverse, lower cost supply of housing that will attract residents to the downtown. To learn about the PDP's Vacant Upper Floors Loan Plan, click here.
Another new PDP initiative is the "Paris to Pittsburgh" program. The PDP received a $1 million dollar grant from the The Colcom Foundation to stimulate matching private building and/or business-owner investment in their Downtown storefronts and streetscape. The Colcom Foundation will provide 100% matching grants for interested property and business owners who present eligible projects that will activate the streetscape throughout the Golden Triangle using high-quality, pedestrian-oriented design elements. To read more about Paris to Pittsburgh, review the guidelines, and submit an application for your business, click here.
New development projects, and strong existing retail and mixed-use projects will bolster the economic, civic, and community vitality of Downtown. Take a look at our Downtown Investment Map.
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