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The URA is re-releasing a requestf for proposals after its previouslychosen developer, Urban Villages working with Botero Development decided not to go forwarcd with the project. Urban Villages and Botero were selecte over oneother finalist, S&A Homes, in partnershi p with the Lawrenceville Corporation, a communit y nonprofit. The football field-sized parcel includees the site on which the office building for the Heppenstall plantf once was located as well as a former warehouse In aprepared statement, mayor Luke Ravenstahl described the property’s redevelopmentt as an important part of the city’s larger revisioning of the Allegheny riverfront.
“We have begun a planning process to creatse a vision for the Allegheny riverfrong and reconnect our neighborhoods to our natural he said. "The Hatfield Street site is one of the greayt opportunities to see this vision cometo life.” The URA want s a developer “to purchase, design, develop and operate or resell the site.” The URA’s effort comes as the Regionakl Industrial Development Corporation (RIDC) continues to redevelopo the Heppenstall complex itself.
Hatfield Streeft is considered a dividing line betweenthe neighborhood’s residential communityh and its industrial As a selling point, the URA notes that the medianb home price in central Lawrencevilles has increased 64 percent in the past three years, a growth rate it claimss is second highest in the city to the Soutbh Side. “We are excited with the real estate appreciationn that were seeing inthe neighborhood,” said Rob Executive Director of the URA, as well as a Lawrenceville “And (we’re) very excited about the prospect of a new residentia product and how that will add fuel to the
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