Isn's everyone just soooo surprised by Continental getting an extension on their latest proposed development for the North Shore??
Plans called for an 8-story office/condo/retail development, but now have been scaled down to a 6-story apartment/retail only.
Kinda makes me wanna say, "You know what, guys? Forget it. Here's a bunch of cash. Just leave it as a fucking parking lot, and go the hell back to Ohio, ok?"
A change-up: Developer to get until Dec. 31 to start residential and retail complex on North Shore
Quote:
Continental Real Estate Companies will now have until Dec. 31 to get started on the revamped proposal, which replaces a proposed office, condo and retail project the developer was pitching for the site.
Stadium Authority board members unanimously backed the revised timetable and the general nature of the project as part of an amendment approved at their meeting Wednesday.
Columbus-based Continental originally was under a May 31 deadline to get started on the eight-story office, retail and 48-unit condo complex that was to be built at the corner of North Shore Drive and Mazeroski Way.
But because of changes in the office and commercial landscape caused by the COVID-19 pandemic, Continental no longer deemed that project to be viable.
As a result, the stadium authority gave the developer until June 18 to present its revised proposal for the site in what is known as Gold Lot 4 adjacent to the Hyatt Place Hotel.
Last week, it extended that until June 25 to “complete all of the complex negotiations,” as board chairman Stanley Lederman put it, surrounding the new endeavor.
Under the new timetable approved Wednesday, Continental will have until Aug. 15 to submit formal plans to the authority for the residential building and a proposed public plaza next to it.
It then will have another month to get the board’s approval for both and to submit them to the city’s planning commission for approval in anticipation of starting both at year’s end.
The goal is to get the commission’s approval by Dec. 2. But if that is delayed for some reason, Continental could get more time to start the projects.
Barry Ford, Continental’s president of development in Pittsburgh, said the new residential building will be six stories with retail on the first floor and apartments on the other five.
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This was the previous proposed design: