Real Estate Agent · Pittsburgh, PA · Member since 2014 · 821 posts · 255 votes
Pittsburgh real estate investors and those wanting to live in vibrant areas might be attracted to the developments that this city has planned starting this year. Here's an article that discusses these advancements. What do you think?
Rental Property Investor · Gibsonia, PA · Member since 2018 · 33 posts · 29 votes
7y
Meh I dunno I just look at all of the apartment complexes in East Liberty that are ~50% vacant still, I would think more developers (or rather investors I guess) would be pumping their brakes on dumping more money into what amounts to more luxury rental units.
The Esplanade looks neat but is years away - maybe Manchester will finally get the revamp people have been talking about for years because of it.
A lot of these projects just seem like long term appreciation bets and I accept that many people live and die in that space... it's just beyond my wallet and risk profile
Pittsburgh, PA · Member since 2017 · 16 posts · 13 votes
7y
The Hazelwood one is the one I have the most hope for, unfortunately investors have been staking claims in Homewood for a while now. That said, it still has a good location that I could definitely see being brought up with all the new development.