Business

Penguins development team schedules groundbreaking for new FNB Financial Center

By By Tim Schooley – Reporter, Pittsburgh Business Times

The most recent design of the new office tower in the works at the former Civic Arena site in the Lower Hill. The new office tower is slated to become the new headquarters of F.N.B. Corp. The most recent design of the new office tower in the works at the former Civic Arena site in the Lower Hill. The new office tower is slated to become the new headquarters of F.N.B. Corp.

By By Tim Schooley – Reporter, Pittsburgh Business Times

PITTSBURGH — The biggest new office tower to go up in the urban core of Pittsburgh in decades now has a start date.

The development team of the Pittsburgh Penguins, which includes Buccini/Pollin Group, investment partner Clay Cove Capital LLC, the architecture firm Gensler and the real estate firm JLL, has scheduled a groundbreaking event on the site for the new 26-story FNB Financial Center on Sept. 1 at 11:00 a.m.

It appears to have a bit higher price tag for a project the Penguins and their team have been working to get started on this year to be able to be able to completed it in 2023, with previous announcements putting the development cost at $230 million and the details of the announcement now putting it at $240 million.

Read more from our news partners at the Pittsburgh Business Times.

TRENDING NOW:

  • Ohio football team allegedly lied its way onto ESPN, played Sto-Rox days earlier
  • Power companies gearing up for possible outages as rain from Ida nears Pittsburgh area
  • Local Army veteran, mother of 3 needs liver donor before cancer takes over
  • Two arrested in ‘unprovoked’ attack on family leaving restaurant on Pittsburgh’s South Side
  • DOWNLOAD the Channel 11 News app for breaking news alerts

    • Civic Arena site to see big impact from minority, women-owned businesses during redevelopment

    Pittsburgh Business Times

    Most Read