PITTSBURGH (KDKA) — The major Ohio Riverfront remodeling project on the North Side has garnered increased support.
Millcraft Investments has received a $10 million government grant from the Redevelopment Assistance Capital Program.
Millcraft spokeswoman Molly Onufer said the grant will go toward the first phase of the Esplanade, which includes the Ferris wheel, a 300-unit apartment complex, restaurants, a marina and more.
The aim is to transform the industrialized, quiet area into a more welcoming community.
“There’s all these gates and stop signs, check in with the guard and not feel like you really belong here,” said Brian Howe, manager at Get Hip Records. “But you can come back here.”
Howe has worked in the Chateau shop for 10 years. He wishes more people would walk through the neighborhood. He believes the Esplanade project will be the right attraction.
“It’s definitely going to bring a lot of people to this part of town,” Howe said. “Even the North Shore doesn’t have the foot traffic it should have, in my opinion, and there’s a lot of great stuff over there.”
Onufer said the developer is still designing the layout, but the project is expected to cost $600 million. It comprises 480 affordable housing units, 105 condominiums, a pavilion and a parking garage.
“From what I understand, it’s really difficult to find quality, affordable housing,” Howe said. “Well that would be really great to see more of that in the area.”
Onufer hopes it also reconnects north-side neighborhoods like Chateau and Manchester. She also said it will boost the economy and the stores’ sales.
Onufer said the project will create 7,100 construction jobs and 4,500 jobs upon completion. She added that this generates $880 million in annual spend.
Onufer said Millcraft Investments hopes to break ground by 2024 and open the first phase to the public by 2026.
https://www.cbsnews.com/pittsburgh/news/project-to-bring-new-life-to-north-side/ $600 million major project to breathe new life into North Side