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Info on the lot next door in today's Post Gazette
http://www.postgazette.com/pg/03324/241644.stm
"California think tank Rand Corp. has agreed to anchor a new city office building in Oakland, at the corner of Fifth Avenue and Craig Street. The brainy nonprofit, which first opened a Pittsburgh research office in 2000, will take 59,000 square feet in the proposed 110,000 square-foot building, moving from its current 30,000 square-foot North Craig Street quarters by January 2006." .... "Downtown-based The Elmhurst Group, developer of Rand's building, has been planning the Oakland property for the last two years but was unwilling to start construction without an anchor tenant. Bill Hunt, Elmhurst's president, now expects work to begin in January or February on the site occupied by a vacant bank branch once belonging to Mellon Financial Corp. Joining Rand as tenants will be the University of Pittsburgh, which owns the land underneath the building, and Mellon, which leases the land from Pitt." |
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