PITTSBURGH - Macy’s announced Monday it has sold its downtown Pittsburgh building, and the store will close.
Philadelphia-based Core Realty bought the historic building and is planning to redevelop it. Apartments and a hotel are planned for the site.
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A final clearance sale in the downtown Pittsburgh store will begin July 20, and is expected to run until early September.
The current store workforce includes 170 employees. The company said some of those workers may be offered positions in other stores, while others will be offered severance. About 30 people who work in district offices in the building will be relocated to another store.
“While we will not operate a downtown store going forward, Macy’s remains committed to our customers and associates at 13 other local stores in southwestern Pennsylvania,” said Jeff Kantor, Macy’s chief stores officer, in a press release.
The Macy’s building and annex includes about 1.2 million square feet of space on 13 floors.
About 475,000 square feet of that is being used as selling space.
Pittsburgh Mayor Bill Peduto issued the following statement about the closure.
“This is a sad day for Pittsburgh, and for those who have spent their lives working, shopping and making memories here. Whether known as Macy’s or Kaufmann’s, this store has been part of the fabric of our city for more than a century and losing it hurts, even as we remain hopeful about the site’s future.”
The original downtown Pittsburgh Kaufmann’s store was opened in 1887. Kaufmann’s was acquired by The May Department Stores Company in 1946 which, in turn, was acquired by the predecessor of Macy’s, Inc. in 2005.
The Kaufmann’s nameplate was changed to Macy’s in September 2006.
“For some of us who never go to the mall, coming from Oakland, this is our mall,” said one Macy’s shopper on Monday.