PITTSBURGH — McKnight Realty Partners is pushing forward with a plan to build on the value of its late 2020 acquisition of a central block of East Liberty business district along Penn Avenue.
The company and its development team presented a plan to redevelop a one-story retail building at 5941 Penn Ave. into a new six-story apartment project to the Pittsburgh Zoning Board of Adjustment for a location next to the Kelly Strayhorn Theater.
An affiliate of McKnight bought the three properties that comprise the block in December from an affiliate of East Liberty Development Inc. for $8.325 million.
Read more from our news partners at the Pittsburgh Business Times.
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