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Albion Residential details $100 million proposal for 300-unit apartment project in Lawrenceville

By Tim Schooley, Pittsburgh Business Times
Development A slide from Albion Residential's presentation in which it showed what it expects to build on what is now open lot that's part of a business park owned by Schreiber Real Estate at Butler Street and McCandless Avenue. TIM SCHOOLEY/PITTSBURGH BUSINESS TIMES
By Tim Schooley, Pittsburgh Business Times

Albion Residential fleshed out details on its early stage proposal to build a new 300-unit apartment project hinged around an historic former firehouse at Butler Street and McCandless Avenue in Lawrenceville before a neighborhood community meeting.

Before a joint meeting of Lawrenceville United and Lawrenceville Corp., Albion Vice President of Development Andrew Yule emphasized his company’s ongoing interest in Pittsburgh.

Chicago-based Albion currently owns the Highland House residential tower in Highland Park, in which Yule said the firm has invested more than $20 million, along with Albion at Morrow Park in Bloomfield, a project developed by predecessor firm Village Green Associates which Yule explained Albion split out of a few years ago.

Read more at Pittsburgh Business Times.

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