FIRST CRYSTAL LAGOONS® AMENITY TOOPENINNORTHEAST,BRINGING BEACH LIFE AND WINTERSPORTSTOPITTSBURGH

Multi-purpose, 2-acre lifestyle water amenity will serve as centerpiece of mixed-use development, Esplanade, along the Ohio River

PITTSBURGH– September 12,2018– Adding to its growing nationwide and global portfolio, Crystal Lagoons® is expanding into the U.S. Northeast with a milestone lagoon amenity in partnership with Millcraft Investments,as part of Millcraft’s 15-acre, mixed-use Esplanade development in Pittsburgh’s North Side neighborhood along the Ohio River. Esplanade’s man-made lagoon marks the first urban lagoon in the world with the capability to convert from a paradise-like, turquoise body of water into a frozen skating rink during the winter months. The Crystal Lagoons amenity will offer additional fourseason functionality with thermal baths year-round as part of the recreational, health and wellness components of the project. In addition to a Ferris Wheel announced earlier this year, the crystalline lagoon is the second of severalworld-class amenities planned at Esplanade. The two-acre, idyllic Public Access Lagoon will anchor Esplanade and will employ a patented, high-tech process allowing for use of 100 times fewer chemicals and 50 times less energy than a traditional swimming pool. The Crystal Lagoons amenity will be within walking distance of several planned urban living communities, dining and “entertainment” venues, hotel options and corporate office space within the Esplanade project. “Weare thrilled to open our very first lagoon in the world that will bring beach life in the summer months and transform into a skating rink during the winter months,all right in the heart of Pittsburgh,” said Christopher Souza, regional director of CrystalLagoons.“In response to the growing demand for our Public Access Lagoons, we feel the Esplanade project is the perfect opportunity to provide residents and visitors alike access to outdoor aquatic amenities, while simultaneously adding tremendous value to the development as a whole.” During the warmer months, the turquoise lagoon at Esplanade will be the ideal tropical escape for anyone in the surrounding community looking to swim, kayak, paddleboard or simply enjoy the white sand beaches. Once temperatures drop, a portion of the man-made lagoon will become frozen and can be used for winter sports. “It’s very important to us, as we plan the Esplanade project, to add features that are functional yearround– welcoming to all ages, to all of those within the community, to all of those visiting our city and to the future residents of Esplanade.” said Lucas Piatt, president and chief operating officer of Millcraft Investments. “Partnering with Crystal Lagoons gives us the ability to activate our city’s riverfront while creating a unique environment that will engage the community and bring another first to the City of Pittsburgh.” Esplanade’s lagoon will be situated in the coldest weather climate of any Crystal Lagoons amenity worldwide to date. Crystal Lagoons has seen a growing demand for development of ice skating-capable concepts in colder-climate cities, since the company’s crystalline lagoons can naturally freeze or can freeze with the addition of supplemental technology. Additionally, there has been a growing interest among developments in warmer climates that are seeking cost-effective, man-made skating rink options. “This is an important milestone for Crystal Lagoons as it marks our first crystalline lagoon in the U.S. Northeast and is our first urban lagoon project anywhere in the country,” added Souza, a Northeast native. Crystal Lagoons already has 23 deals for man-made, crystalline lagoons in place across the nation, plus over 60 more that are currently in active negotiations. To date worldwide, 600 man-made lagoon projects have been completed, started or planned by Crystal Lagoons. The first crystalline lagoon developed in the U.S. opened at the Epperson community outside of Tampa, Florida, earlier this year, featuring a 7.5-acre tropical-style lagoon. Another Florida-based Crystal Lagoons amenity is opening soon at Twin Creeks Development’s Beachwalk community south of Jacksonville, featuring an impressive 14-acre crystalline lagoon surrounded by a dynamic live, work and play community. Another prominent U.S. project currently in the pipeline for Crystal Lagoons is a massive, 25-acre lagoon paradise for Wynn Resorts located on the iconic Las Vegas Strip. About Crystal Lagoons Crystal Lagoons is a multi-national company with U.S. headquarters in Dallas, Texas, and Miami, Florida, that has developed an innovative concept and technology, patented in 190 countries, allowing for the construction and maintenance of unlimited size bodies of water in crystal-clear conditions at low cost. Crystal Lagoons impressive turquoise waters are revolutionizing not only the real estate world but also water and energy production. Applications range from bringing idyllic beach life to locations otherwise thought unimaginable, to providing industrial solutions for closed-circuit cooling systems for thermal power plants and data centers, among others. For more information, please visit www.crystallagoons.com or email [email protected] and follow us on LinkedIn at https://www.linkedin.com/company/crystal-lagoons/. ABOUTMILLCRAFTINVESTMENTS: 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.

###

View PDF Here

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.