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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