Business

New Granada Square development moves closer to construction

WPXI New Granada Square A rendering of the proposed New Granada Square development. The theater can be seen in the center of the photograph. (Pittsburgh Business Times/ HILL CDC) (HILL CDC/Pittsburgh Business Times)

PITTSBURGH — The joint venture for redeveloping the New Granada Theater into a mixed-use arts district got a key vote enabling the plan to go forward in the middle Hill District.

At its January meeting on Thursday, the board of the Urban Redevelopment Authority of Pittsburgh voted to sell 12 parcels to Granada Apartments, a joint venture of the Hill Community Development Corporation and Cleveland-based CHN Housing Partners, to build out the New Granada Square developments that will complement the mixed-use renovation of the theater.

Read more in the Pittsburgh Business Times.




 

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