Sharpsburg Business Park is expected to be completed in approximately six months.
Located along the 23rd St. Extension near Rte. 28 and the Highland Park bridge, the 147,775-square-foot flex/office development will feature two properties and 762 parking spaces. Formerly home to a paper box manufacturer, the project is being designed by Friendship-based EDGE studio
. "The exciting thing is that we're turning it into two buildings. It's a great location in terms of proximity to business owners who live in Aspinwall, Fox Chapel, the city, and Oakland," says Michael Morris, with project developer Samson Morris Group
, which purchased the property for $3.5 million.
“We have a bunch of tenants interested. We have a letter of intent for one group, and are in serious negotiations with another. Some are expanding, some are looking to relocate,” says Patrick Sentner, with NAI Pittsburgh Commercial
. “The design creates as much flexibility as possible. Samson Morris Group has a history of turning old buildings into cool offices.”
John Stephen with Allegheny River Towns Enterprise Zone
—which represents 400 businesses in seven municipalities—says the park will be discussed at the organization’s annual public meeting
on Feb. 20. “It’s the biggest private investment in the enterprise zone. We're hoping to get some tax credits to make it more economically efficient for them,” adds Stephen, who says that Rep. Michael Doyle, Sen. Jim Ferlo and chief executive Dan Onorato will discuss business and economic development opportunities at the meeting. “We want businesses within the enterprise zone to be aware of the nonprofit services they’re eligible for.”
Writer: Jennifer Baron
Sources: Patrick Sentner, NAI Pittsburgh Commercial; Michael Morris, Samson Morris Group; John Stephen, ARTEZImage courtesy NAI Pittsburgh Commercial