here. - Station Square

station square
PITTSBURGH, PA
PROJECT FACTS
Location:
100 West Station Square Drive
Total Sq Feet:
291,000 SF Retail
471,830 SF Office
GLA:
291,000
Type:
Mixed-Use
Anchors:
Hard Rock Cafe, Sheraton Hotel
& Conference Center (399 guest rooms),
Grand Concourse Restaurant, Buca Di Beppo
Date Opened/Acquired:
1994
2002 (Renovated)
76
Ingomar
8
Sewickley
West view
Etna
79
Penn Hills
22
Carmegie
Crafton
Pittsburgh
376
279
8
Dormont
19
Munhall
Bridgeville
Glassport
• Station Square, located at the confluence of the three rivers in Pittsburgh,
10-MILE RADIUS
www.stationsquare.com
2009
Population
405,542
Avg. HH Income
$54,233
No. of Households
182,647
Median Age
38.5
is a classic historic redevelopment and one of the State’s most unique
destinations. With 1.2 miles of scenic riverfront, Station Square is shopping,
dining, hospitality, and entertainment set within a showcase of the rich
cultural and industrial heritage of Pittsburgh.
• Station Square has a vast, diverse market. It is one of Pittsburgh’s largest
tourist destinations with more than three million people visiting it each year. The property has pedestrian and transit links from the Central Business District,
with over 172,000 workers, students and residents. Its light rail access sees
730,000 commuters annually and Station Square offers the largest downtown
parking facility outside of the football stadium.
Forest City Commercial Group | 50 Public Square, Suite 1026 | Cleveland, OH 44113 | 216.621.6060 | www.forestcity.net
Riverfront
Monongahela River
Tourism
• Over 10 million people visit Pittsburgh
annually, making travel a $3 billion
industry (3 million visit Station Square)
• Station Square and Mount Washington
represent Pittsburgh’s largest tourist
destinations
• Monongahela and Duquesne Inclines
receive nearly 2 million annual visitors
(The Monongahela Incline has a direct
connection to Station Square)
• Pittsburgh boaters can access shopping,
dining and entertainment from the shore
of the Monongahela River at the Landing &
Marina at Station Square
• Just steps from Bessemer Court, the 47slip marina is open 7 days a week
• Pittsburgh ranked #1 Most Livable City
in America by Places Rated Almanac
Source:
Pittsburgh Pennsylvania Convention and Visitors Bureau
Station Square &D
owntown Pittsburgh
Office & Hotel
The Landmarks Building is a seven-level
historic building that previously housed the
Pittsburgh Terminal Train
Station.
It now contains
80,245 square feet of
office space and is home
The Landm
ourse
c
The Grand Con
to two of Pittsburgh’s
arks Buil
ding
premier restaurants:
The Grand Concourse and
The Gandy Dancer.
Acquired in early 2007, Commerce Court is a seven-story,
378,000-square-foot office building that includes groundfloor retail space. Each floor of the office building is
over 55,000 square feet making it one of the largest
Commerce
Court
floor plans of an office building in the city.
Sheraton Station Square Hotel is the city’s only riverfront
hotel.
The Sheraton was renovated in 2001 and now offers guests
399 rooms, and 30,000 square feet of meeting space and conference
facilities and a 9,751 sf Grand Station Ballroom.
The Sheraton
also features the upscale steakhouse, Pittsburgh Rare.
Source: Sheraton Station Square
ton
Shera
e
uar
q
S
n
Statio
Downtown Hotels
4,100+ rooms
ern
West
ue
Aven
Ridge
ue
Aven
279
ue
er
ER
Lib
IV
YR
HEN
t
n
ve
yA
EG
ALL
OH
IO
9
579
RIV
ER
W.
Ca
7
6
3
e
u
ven
A
e
ntr
rso
nS
tre
Point State
Park
et
Ce
8
2
4
5
ge
itt
.P
t
F
19
id
Br
MO
10
Forbes Avenue
NO
NG
1
AH
EL
AR
IVE
R
376
Wa
b
as
Lib
hT
un
n
ert
el
yB
rid
ge
279
el
unn
Source: Pittsburgh Convention and Visitors Bureau (2009)
E. Carson Street
Downtown Living
3,800 residential units
279
7
t
io S
IV
h
EO
5
YR
EN
28
H
EG
L
AL
10
13
19
ER
22
8
ty
er
e
Av
Lib
39
14
OH
IO
WC
ars
on
RIV
ER
31
St
Point State
Park
30 29
12 2
4 19 21
32
1
15
41
33
9
34
24
3
16
18
23
20
25
22
26
40
38
11
579
6
36
37
35
27
376
19
279
AHELA
G
MONON
22
RIVER
E Carson St
Source: Pittsburgh Downtown Partnership (2009)
17
Downtown Colleges
98,000+ students
279
28
er
utl
St.
B
9
ue
Aven
Penn
22
28
Y
EN
H
IO
OH
G
LE
AL
RI
ue
en
Av
y
rt
20
be
Li
5
R
21
17
13 11 16
8
5
14 6 7
12
1
15
3
LA RIVER
MONONGAHE
Carson Street
19
2
19
5th Avenue
Pen
n
e
u
ven
th A
VE
RI
10
23
R
VE
376
4
Ave
nu
e
18
Demographics
1 Mile
3 Miles
10 Minutes
Population
2010 Population
2015 Population
21,489
20,982
150,437
145,999
407,200
395,392
No. of Households
2010 Households
2015 Households
7,538
7,344
63,884
62,251
183,145
178,655
$51,037
$59,696
$47,517
$54,556
$54,596
$62,731
$36,246
$45,931
$35,902
$44,152
$41,784
$51,378
1,609
12,557
42,902
74.5%
18.9%
0.3%
2.5%
0.1%
1.7%
1.9%
3.3%
66.6%
27.3%
0.3%
2.6%
0.1%
0.8%
2.2%
2.2%
73.8%
19.1%
0.3%
3.9%
0.1%
0.8%
2.1%
2.2%
Income
2010 Average Household Income
2015 Average Household Income
2010 Median Household Income
2015 Median Household Income
Households > $75,000
Ethnicity
White
Black
American Indian
Asian
Pacific Islander
Some Other Race
Two or More Races
Hispanic Origin
Age
0 - 4
5 - 9
10 - 14
15 - 19
20 - 24
25 - 34
35 - 44
45 - 54
55 - 64
65 - 74
75 - 84
85+
Median Age
Daytime Population
2010
Source:
ESRI BIS
1 Mile
3 Miles
10 Minutes
3.2%
3.0%
2.8%
13.8%
15.7%
15.8%
11.4%
11.5%
9.1%
6.3%
5.1%
2.2%
5.1%
4.9%
4.7%
9.3%
11.7%
13.2%
11.8%
13.0%
11.1%
7.0%
5.7%
2.6%
5.1%
4.9%
4.8%
7.1%
9.4%
13.8%
12.6%
13.9%
12.0%
7.3%
6.0%
3.0%
32.2
36.0
38.8
95,863
196,250
295,303
Competition
1
Millertown
76
79
90
19
80
Sewickley
Hills
70
McCandless
4
81
80
Pittsburgh
77
Franklin Park
Independence
79
Cleveland
Columbus
79
Charleston
6
60
64
11
279
Station Square
1 Beaver Valley Mall
2 Century III Mall
3 Galleria at Mt. Lebanon
5 Monroeville Mall
6 Ross Park Mall
7 Shady Side Shops
8 South Hills Village
9 SouthSide Works
10 Waterfront
11 Waterworks
Plum
7
Drive Miles
4 Galleria at Pittsburgh Mills
Station Square
79
Competition Map
Penn Hills
32.1
9.9
Rosslyn
Farms
Pittsburgh
376
9
10
6.8
5
22
18.4
14.1
5.4
7.8
2.2
7.4
11.8
76
Baldwin
9.4
3
8
2
Bethel Park
30
76
Site Plan
Property Photos
Hard Rock
Bessemer Court
Cafe
Freight House Shops