November 2012 ~ Walnut Capital

Monday, November 26, 2012

Featured Apartment: Bellefonte!

Posted by Walnut Capital on 1:40 PM

5500 and 5508 Elmer Street
Bellefonte, Shadyside

Beautiful courtyard apartment building just two blocks off Walnut Street, featuring lovely hardwood floors, with convenient on-street parking. You'll enjoy Walnut Street's collection of local shops and national retailers, as well as restaurants, fine jewelers, music stores, and more. Williams Sonoma, Pottery Barn, Starbucks, the Gap and more are all just blocks from your door.

Located on public transportation lines, minutes from Chatham, CMU, Pitt, Shadyside Hospital and the many other schools and medical centers of Pittsburgh. Just four short miles from downtown.

TechShop Coming to Bakery Square

Posted by Walnut Capital on 1:06 PM

It looks like TechShop might open in Bakery Square, a major win for techies in the Burgh! They're not positive when people will be able to sign up for membership, but reports say it will not be long.

Information about the Pittsburgh’s TechShop seems to be coming in at a trickle, but, judging by emails I have received inquiring about it ‘burgh techies, geeks and makers are very excited.

The latest news appears to be that the space will be opening in Bakery Square sometime in the first quarter of 2013.

J.R. Yoccco, a retail broker and leasing manager for Grant Street Associates the group that represents retail space at Bakery Square, told our real estate reporter Tim Schooley the TechShop has officially leased 16,000 square feet and the target to open is early next year.

“The enthusiasm from the local community is just off the charts with this one,” Yocco said. “Googlers are very happy about it because it gives them the change to work on some personal projects.”

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New Hotel in the Strip District

Posted by Walnut Capital on 9:59 AM

Walnut Capital Partners plans to develop 1400 Smallman St into a new hotel for the Strip District, and will soon be choosing the right hotel brand to run it. The $20 million project hopes to carve out a much needed space for visitors to the city of Pittsburgh.

Celebrity chef Lidia Bastianich may soon have a new place to stay when she visits her Lidia’s Pittsburgh restaurant in the Strip District.

Walnut Capital Partners is moving forward with a plan to redevelop the 1400 Smallman St. property, an entertainment complex it first opened in 2001 and the location for Lidia’s Pittsburgh, into a new hotel project.

Todd Reidbord, president of Walnut Capital, said his firm is working with Concord Hospitality on choosing the right hotel brand, and he hopes to begin construction on what he estimates will be a $20 million-plus project shortly after the new year.

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Apartment of the Week: the Noodle Factory

Posted by Walnut Capital on 1:07 PM

The Walnut Capital apartment of the week is the Noodle Factory, Friendships very own deluxe apartment complex! Call today at (412) 683-3810, or swing by at 4646 Friendship Ave!

Enjoy contemporary, upscale apartment and loft living in a recently converted 1903 noodle factory! Modern kitchens and baths and new appliances; plus the high ceilings, exposed wooden beams and original brick that contribute to the authentic "industrial" look, all in a family-oriented urban neighborhood. Close to the vibrant eateries, taverns and shops of Liberty Avenue in Bloomfield.