Market at Fifth Continues

PHLF News
March 7, 2008

Construction is proceeding with our three buildings at the gateway to Market Square at Market and Fifth Avenues downtown.

We acquired these buildings from URA, severely deteriorated, and have dismantled much of the wall structures brick-by-brick, cleaning the bricks to return them to rebuild the walls.

Our timetable calls for completion early next winter. Seven apartments will be on the second and third floors consisting of 6 one bedrooms and 1 two bedroom, two with roof gardens.

Substantial contributions are needed to complete this work, resulting in a Platinum level Green certified historic complex.

Costs will exceed $3,500,000, but we feel the expense is worth it to preserve and restore these anchor corner properties across from the forthcoming new PNC Park, and within view of Heinz Hall, and helping to frame the entranceway to Market Square.