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More condos proposed for Strip District

Pittsburgh Post GazetteBy Mark Belko,
Pittsburgh Post-Gazette
Wednesday, July 11, 2007

Yet another condo project is in the works not far from Downtown.

Solara Venture IV, LLC is seeking a loan of up to $390,000 from the city Urban Redevelopment Authority to help finance acquisition and pre-development costs for a proposed 60-unit condominium development in the Strip District.

The company is planning to convert the Otto Milk Building on Smallman Street between 24th and 25th streets into condos, with smaller units starting at $180,000, according to the URA. The development also would include two floors of retail and office space, plus 75 parking stalls.

URA board members are expected to consider a Pittsburgh Development Fund loan of up to $390,000 at their meeting this week.

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