In 2016, Millcraft along with other developers worked to purchase former J. Allan site to develop Chateau Landing.
Read the Pittsburgh Business Times article here, or full text below.
__________________________________________________________________
by Tim Schooley, Pittsburgh Business Times Reporter
A development partnership that includes the leadership of Millcraft Industries is working to buy the former J. Allan Steel property on the North Side riverfront to pursue a new 13-acre mixed-use project called Chateau Landing.
The plan was part of the agenda for Thursday’s meeting of the Urban Redevelopment Authority of Pittsburgh.
At Thursday’s board meeting, the URA board is expected to vote to enter exclusive negotiations to sell the former steel property and a neighboring parcel at 829 Beaver Avenue just past the Rivers Casino to partners Peter Smerd and Gregg Stein, along with Lucas Piatt, president of Millcraft, a major developer in the city’s downtown.
If the URA goes forward will selling the property, the partnership would own a total of 13 acres on which to build a mixed-use development along the riverfront that extend the activity of the North Shore that now includes PNC Park, Heinz Field and the casino further along the Ohio River.
According to URA agenda items, the development team has considered a project in that past that would inciude residential uses, a hotel and an office project.
The project faces the ongoing complication of Beaver Street only being one way. The URA has been working to pursue a plan to make Beaver Street two-way in order to unlock the potential of the property along the Ohio riverfront.
