Oxford Development Breaks Ground on Mixed-Use Riverfront Project in the Strip District
- Dec 10, 2014
By Adriana Pop, Associate Editor
Construction of a mixed-use development featuring office and apartments is currently under way in the city’s Strip District neighborhood.
The new development will cover an 11-acre stretch of Allegheny riverfront formerly used for trucking and storage. The site is located along Smallman and Railroad streets, between 25th and 28th streets.
According to the Pittsburgh Business Times, Oxford Development Co. is investing $130 million in the upcoming Three Crossings project which derives its name from the historical modes of transportation that converged at the site—truck, rail, and barge.
Plans call for a 300-unit apartment complex called The Yards and an office component that would eventually comprise a set of four urban-flex buildings totaling 375,000 square feet. The development will also feature a 95-foot setback from the river, as well as a park, a 575-space garage, 100 bike storage units, kayak storage and retail space.
Designed to LEED Silver Certification standards by North Side-based WTW Architects, the project’s residential component will offer a mix of studio, one- and two-bedroom apartments ranging in size from 474 square feet to 1,198 square feet. Amenities will include a bar and coffee lounge, a fitness center, swimming pool, riverfront trail access, mudroom with pet wash stations, game areas and fire-pits.
A former rail and truck yard, “The Yards at Three Crossings” will also provide lush green space in its big “back yard” along the riverfront for residents to enjoy.
Oxford CEO Steve Guy told the newspaper that his company’s initial plans at the site called for the construction of a total of 250,000 square feet of office space, an amount it eventually increased to 375,000 square feet in part because there are many companies interested in establishing their business close to the riverfront.
The first building to go up at Three Crossings will serve as the future headquarters of Rycon Construction. It is scheduled for completion in the summer of 2015.
Photo credits: Oxford Development
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