LUMIÈRE COMING TO DOWNTOWN PITTSBURGH

FOR IMMEDIATE RELEASE

(Pittsburgh, PA) – On Thursday, November 9, 2017, Millcraft Investments and McKnight Realty partners officially launched and opened pre-sales to Lumière residences, a new 86-unit condominium project in downtown Pittsburgh. “This project represents the first new home ownership opportunity since Piatt Place,” said Lucas Piatt, Owner and COO of Millcraft Investments. “We’ve seen this type of project be successful before, in a much different economic climate, in a much different downtown, Pittsburgh corridor, and in a much different housing market. We are confident this will be another success.” Presented to the Pittsburgh Planning Commission in late October, and passed by the board this week, plans for the project include nine floors of condominiums and a new parking garage. Phase One, the 350 Oliver Parking Garage, will open later this month. Located at the former Saks Fifth Avenue department store site, Lumière echoes similarities to Piatt Place. In the decade since its completion, Piatt Place is now a bustling mixed-use development and home to Piatt Place condominiums, The Capital Grille and The Goddard School, among others. The $38 million Lumière project will include a rooftop deck, state of the art amenities, open floor plans, dog park, and 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 will be available and eleven different floor plans, with terraces available on the eighth floor. With units starting around $225,000 and 20 percent of the condominiums equivalent to market rent, Lumière is hoping to attract a diverse range of interested home buyers. Construction is expected to begin in spring 2018. “We are thrilled to finish this project with such an exciting element; this culminates almost 20 years of investments with McKnight Realty in the Smithfield Street corridor starting with the Gimbels department store, working up to the Grant Building and Oliver Building, and now working on Lumière Residences,” said Izzy Rudolf, president of development and acquisitions. In addition to Lumière Residences, Phase Two of the project will include commercial space. Fogo de Chão, a Brazilian Steakhouse, has already signed as a tenant and will occupy the corner space along Smithfield. Other possible tenants include a music venue or much desired grocery store however plans are still being finalized at this point. “We are really excited to be working on a project that is at the genesis of the Smithfield Street revitalization,” remarked Piatt. “We view this as a great opportunity to create another thriving corridor in the downtown landscape.” For more information about Lumiere Condominiums or lumierepgh.com or contact 412.471.4900.

ABOUT MILLCRAFT INVESTMENTS: any with a sixtyto learn more about available units , please visit Millcraft Investments is a Western Pennsylvania real estate and hospitality developer and management comp year history of successfully creating and maintaining prominent large retail, residential, and mixeduse 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

Lucas B. Piatt is the Chief Executive Officer of Piatt Companies and Piatt Sotheby’s International Realty, where he blends visionary leadership with a deep-rooted commitment to the future of Western Pennsylvania. With more than 25 years of experience in real estate, development, and executive leadership, Lucas has led the transformation of Downtown Pittsburgh, investing over $500 million as part of a broader portfolio exceeding $1 billion in revitalization efforts across the region.

Lucas is the driving force behind The Esplanade, a transformative waterfront development that will redefine Pittsburgh’s North Side. Designed to be a world-class destination for innovation, entertainment, hospitality, and public space, The Esplanade reflects Lucas’s bold vision for shaping the future of Pittsburgh through large-scale placemaking rooted in community, inclusivity, and global ambition.

A respected collaborator, Lucas brings people together—developers, civic leaders, creatives, and community members—to reimagine the built environment and make it a catalyst for growth and connection. He is committed to delivering luxury experiences that serve a greater purpose, with an eye toward sustainable and inclusive development.

His leadership extends far beyond real estate. Lucas actively supports organizations such as the Pittsburgh Downtown Partnership, Washington County Chamber of Commerce, Point Park University, the Pittsburgh Film Office, the Alzheimer’s Association, and serves on the Board of Directors for St. Clair Health Foundation, helping to shape the future of regional healthcare and community access.

As founder of the Piatt Family Foundation’s Rock, Reggae and Relief Festival, Lucas has harnessed the power of live music to raise significant funds for impactful causes. Beneficiaries have included ovarian cancer initiatives, Café Momentum Pittsburgh, 412 Food Rescue, MCG Youth & Arts, and Catapult Greater Pittsburgh, among others—supporting efforts around food security, youth empowerment, education, and economic mobility.

Beyond his professional and philanthropic commitments, Lucas is a devoted family man who finds his greatest joy in spending meaningful time with his wife Renee and their children, River and Marlea. Whether attending concerts and music festivals, traveling, or sharing life’s great experiences, Lucas lives with intention and heart—always seeking to build something greater for the next generation.

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.