HALF OF THE UNITS SOLD AS THE FINAL PIECE OF STEEL RAISES AT LUMIERE CONDOMINIUMS

FOR IMMEDIATE RELEASE

PITTSBURGH – January 24, 2019 – In a ceremony this afternoon, developer Millcraft Investments along with public officials and key partners officially signed and raised the final piece of steel for the newest condominium project in downtown, Pittsburgh. Lumiere, a 17-story, 86-unit property developed by Millcraft Investments and marketed by Piatt Sotheby’s International Realty, is a $38 million project that will include open floor plans, a rooftop deck, floor-to-ceiling windows on every floor with the option to add on folding glass wall technology creating an open-air living space. One, two and three-bedroom options are available with eleven different floor plans, and terraces on the eighth floor. With units starting around $225,000 and 20 percent of the condominiums equivalent to market rent – the project is already at 50 percent sold. As the project moves into façade and interior construction, home owners can begin moving in this summer with a targeted project completion date by end of 2019. “With support of city officials, the Urban Redevelopment Authority of Pittsburgh, key partners, and Mosites construction we are able to deliver a quality, new home ownership opportunity in downtown, Pittsburgh,” say Lucas Piatt, President of Millcraft Investments. “Something our region has not seen in over a decade in this neighborhood.” Located at the former Saks Fifth Avenue department store, Lumiere offers residents walkability to all major sporting events, cultural performances, public transit and some of Pittsburgh’s best restaurants. “We are thrilled to be moving into our next steps of construction with half of the units already sold and we are thrilled to be celebrating the progress of Lumiere, today.” For more information about Lumiere Condominiums or to learn more about available units, please visit lumierepgh.com or contact 412.471.4900. ABOUT MILLCRAFT INVESTMENTS: Millcraft Investments is a Western Pennsylvania real estate and hospitality developer and management company with a sixty-year history of successfully creating and maintaining prominent large-scale office, retail, residential, and mixed-use developments. Learn more by visiting millcraftideas.com.

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Hilton Garden Inn – Southpointe

Hospitality

Opened in 2001 as one of the first Hilton Garden Inn hotels in the region, the Pittsburgh-Southpointe location offers ease of access to the Pittsburgh International Airport and Downtown Pittsburgh. The 20,000 square foot flexible ballroom space is a popular venue for weddings, trade shows, and seminars. A full renovation was completed in 2019. 

River Vue

Residential

River Vue is a 16-story luxury residential tower prominently located along the Allegheny River in Downtown Pittsburgh, offering residents panoramic city skyline and waterfront views within walking distance of the Cultural District, Market Square, and the city’s major business and entertainment destinations. The property features 218 apartment units and reflects Piatt Companies’ longstanding commitment to high-quality urban residential development and adaptive reuse.
 
Originally constructed as the State Office Building, River Vue underwent a comprehensive renovation and conversion from office space into luxury residential apartments under Piatt Companies’ ownership and management oversight. The transformation preserved the building’s prominent downtown presence while repositioning the asset as a premier residential destination within Pittsburgh’s evolving urban core. Through strategic redevelopment, operational excellence, and a strong focus on resident experience, Piatt Companies helped establish River Vue as a distinguished example of successful downtown adaptive reuse and long-term asset stewardship.

MARKET SQUARE PLACE

Mixed-Use

Located in the heart of Downtown Pittsburgh’s historic Market Square, Market Square Place is a dynamic mixed-use property featuring luxury residential apartments, a 35,000-square-foot UFC Gym, and a diverse collection of street-level retail tenants that contribute to the energy and walkability of Downtown Pittsburgh. The retail mix includes restaurants and casual dining concepts, fine dining establishments, banking services, fitness and wellness offerings, and unique retail experiences featuring integrated podcast studio space. Through proactive property management, Piatt Companies helps preserve the long-term value and performance of the asset by overseeing daily operations, tenant relations, maintenance coordination, and the overall property experience. By maintaining high operational standards and supporting a vibrant urban environment, Piatt contributes to the property’s continued success as a premier downtown destination for residents, retailers, and visitors.

HIGHMARK STADIUM

Entertainment

Highmark Stadium, the home of the Pittsburgh Riverhounds soccer team, offers a gorgeous view of Downtown Pittsburgh from Station Square. Piatt operated as the owner’s representative throughout the construction of the 3,500 seat entertainment venue.

ST. CLAIR HOSPITAL OUTPATIENT CENTER

Medical

St . Clair Hospital’s 40,000 square foot outpatient facility in Peters Township opened in 2013. As the owner’s representative, Piatt managed design and construction, and helped cut costs through value engineering and pre-construction negotiation. The center offers a much-needed location for numerous medical services and offices.

LUCAS PIATT

Chief Executive Officer — Piatt Companies

TOWER 260

Office

Tower Two-Sixty, in Market Square, offers seven floors of Class A office space and an integral public parking garage offering 330 spaces. Also in the building are the Hilton Garden Inn Pittsburgh Downtown and four new local restaurants.

This LEED Certified Silver building is the first opportunity in almost 30 years for distinguished Pittsburgh businesses to take up residence in a brand new trophy building. Partnering with JLL as the anchor tenant and property manager, the building’s other tenants include Coury Financial, Merrill-Lynch, McGuireWoods, and Piatt Companies.