Penguins development team provides update on plans for 28 acre site in Lower Hill District

PITTSBURGH — The Pittsburgh Penguins development team continued working to strengthen its connections with the Hill District’s business community with a two-hour Zoom roundtable on the opportunities in the arena site redevelopment soon to come, starting with the new $230 million, 24-story FNB Financial Center.

It was an event in which the development team, including the Pittsburgh Penguins; its major development partner, Buccini/Pollin Group; and the principal of the minority equity partner in the project, Clay Cove Capital, provided a thorough update on the progress and the level of inclusion achieved so far for minority-owned and woman-owned business participation, for which the team recently received approval from the City of Pittsburgh’s Equal Opportunity Review Commission.

The moderator of the event, Kimberly Ellis, a Hill District resident and historic consultant who has been working with Buccini/Pollin, noted the long and troubled history of the site and how the current agreement over it with the community represents a major change in thinking, with significant commitments in place for the site’s development to help lift up the rest of the community.

Read more at our partners The Pittsburgh Business Times.