REDEVELOPMENT OPPORTUNITY NEAR UPMC’S NEW MERCY CAMPUS
Redevelopment Potential
Marketing description
Hardy World is pleased to offer 1801 Boulevard of the Allies, a historic property that lies directly in Pittsburgh’s path of growth.
Within a few years, this area of Uptown will be transformed completely thanks to UPMC’s new Mercy Campus.
The state’s largest employer has invested $500 million dollars into this hospital, which will total 410,000 SF and contain over 100,000 SF of dedicated research space. UPMC’s world-class researchers will be working on curing a variety of visual ailments-including blindness-and the site will be a go to destination for doctors, nurses, and patients for generations to come.
Additionally, the property is located within walking distance of PPG Paints Arena and the First National Bank Tower, which connects 1801 Blvd of the Allies with the heart of downtown’s finance scene as well.
1801 has a myriad of uses. There is the potential to renovate into offices and coworking suites, student houses or luxury apartments. The excess land can be developed for parking and to top it all off, the site is in a Qualified Opportunity Zone as well.
Investment highlights
12,755 sf - main building | 1,712 sf garage
11 - j - 294, 11 - j - 295, 11 - j - 296 | total .22 acres
Steps from UPMC Mercy redevelopment
Upr - b zoning | 70’ allowed w/ bonus points
Exclusive tenant improvements
Spacious column free area
Qualified opportunity zone
Minutes away from 5 universities(University of Pittsburgh, Carnegie Mellon University, Carlow University, Chatham University, Point Park University)
Tremendous growth in the last 5 years,
Education, medical and technology hub
Excellent student and workforce demographics
Minutes away from i-376 and i-79 to airport.
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