THE ART INSTITUTE OF PITTSBURGH APARTMENT COMPLEX FACTS AT-A-GLANCE

 

RESIDENT BENEFITS

 

• Close proximity to The Art Institute of Pittsburgh (less than 4 blocks)

 

•  Opportunity for an enhanced campus experience for students, including recreation and student activities directly tied to the college.

 

• New residents will enjoy the benefits of a new building and its amenities with very little increase in current rental rates.

 

CITY ECONOMIC BENEFITS

 

• The central business district of Downtown Pittsburgh will benefit from the vitality and spending habits of 650 residents.

 

• Art Institute student residents occupy apartments year-round.

 

• College students represent $53.9 billion in discretionary spending annually on a national level (according to Harris Interactive/360 Youth research). The Art Institute of Pittsburgh’s apartment complex will shift its impact to the central business district.

 

STRUCTURAL HISTORY

 

• Built in 1910

 

• Address: 620 Second Avenue, Pittsburgh, PA 15219

 

• Former site of American Thermoplastics

 

• Vintage structure recognized by Pittsburgh History and Landmarks Foundation

 

 

KEY DATES

 

• Official announcement: July 14, 2005

 

• Relocation of Try Street Associates, current occupants: October 2005

 

• Construction to commence: January 2006

 

• Occupancy provided: June 2007

 

 

DEVELOPMENT FEATURES

• 140 apartments

43 three-bedroom units

87 two-bedroom units

10 one-bedroom units

 

• 650 resident capacity

 

• 230,000 total square feet

 

• Total project estimated in excess of $15 million

 

• 9,000 square feet reserved for two independent retail facilities (convenience store and casual dining)

 

• fully-furnished apartments

• Units average one bathroom per bedroom

 

• new heating and air-conditioning units

 

• 24-hour security staff

 

• 11,000 square-foot activities lounge

 

• sport court and recreation space

 

• two-story atrium

 

• laundry facilities

 

SURROUNDINGS AND NEIGHBORS

 

• The Art Institute of Pittsburgh

 

• PNC Bank’s Data Center

 

• The Public Parking Authority’s First Side Garage and Light Rail Transit stop

 

• Close proximity to Station Square and South Side

 

• Riverfront bicycle and recreation trail

 

THE PARTNERS

 

• The Art Institute of Pittsburgh (The Art Institutes International)

 

• Langholz, Wilson, Ellis, Inc., a downtown-based commercial real estate firm

 

• TKA Architects

 

• The Massaro Corporation, General Contractor

 

`

 

 

 

Request Information

Online Division

Alumni & Career Services

Fun Features

News Room & Calendar

Student Affairs

Welcome to Our World

Contact