The University of Pittsburgh's Daily Student Newspaper

The Pitt News
The University of Pittsburgh's Daily Student Newspaper

The Pitt News
The University of Pittsburgh's Daily Student Newspaper

The Pitt News
Michelle Weltner, UPMC project manager, discussed new signage that the health care giant plans to implement at the Oakland Planning and Development Corp. public meeting Tuesday.

OPDC discusses UPMC signage, Carnegie Library banners and Walnut Capital proposal

By Natalie Frank, News Editor • September 29, 2021
The Oakland Planning and Development Corp. held a Tuesday public meeting to discuss new UPMC signage throughout Oakland and Carnegie Library of Pittsburgh lamp post and banner installation. The group also continued discussing zoning changes proposed by Walnut Capital.
Oakland community leaders said Wednesday evening that private developer Walnut Capital’s current efforts to pass a proposal to reshape vast parts of Central Oakland are an "injustice to the community” that flies in the face of community-driven redevelopment.

OPDC denounces Walnut Capital’s Central Oakland rezoning proposal

By Leanna Chae, Staff Writer • September 24, 2021
Oakland community leaders said Wednesday evening that private developer Walnut Capital’s current efforts to pass a proposal to reshape vast parts of Central Oakland are an "injustice to the community” that flies in the face of community-driven redevelopment.
Pitt announced plans Monday to redevelop its property at 3401 Boulevard of the Allies.

Pitt proposes plans to bring grocery store, resident housing to Oakland

By Natalie Frank, News Editor • July 26, 2021
Pitt announced plans Monday to redevelop its property at 3401 Boulevard of the Allies. The University proposed bringing a grocery store and residential housing units to the property, which currently houses a Panera Bread and was formerly a Quality Inn and Suites.
The Oakland Planning and Development Corp.’s June 24 meeting discussed the pending demolition of the rowhouses located at 3401-3421 Bates St. and transferral of the property to Pitt.

Community members express concerns over plans for Bates row houses

By Clare Sheedy, Staff Writer • June 29, 2021
After years of dealing with the series of boarded up and uninhabited Bates Street row houses, Oakland community members are making sure the pending owner of the parcel — Walnut Capital — has definitive plans to fix up the area.
According to a petition, the houses at 3401-3421 Bates St. and 392 Coltart Ave. near Boulevard of the Allies are a “public nuisance” due to their dilapidated and uninhabited state.

Board committee approves Hillman renovations, new chilled water plant and off-campus property acquisitions

By Natalie Frank, News Editor • June 17, 2021
The properties and facilities committee of Pitt’s Board of Trustees held a public meeting Thursday morning to approve several projects involving campus buildings. Pitt will also acquire a series of properties around Bates Street, Boulevard of the Allies and Zulema Street.
After closing in April 2017, the Pittsburgh Athletic Association building, now owned by Walnut Capital, is planned to reopen for occupancy in spring 2021.

Renovations to former PAA building continue amid pandemic

By Alex Nieves, For The Pitt News • October 14, 2020
Since then, Walnut Capital, a local property management company, has acquired the building and is currently renovating it. Construction began in late summer 2018 and was expected to last 18-24 months, but was delayed due to the COVID-19 pandemic as the state halted nonessential construction. Todd Reidbord, president and founding partner of Walnut Capital, said he expects the building to be ready for occupancy in spring 2021.
Representatives from Walnut Capital, Pittsburgh Water and Sewer Authority and the University of Pittsburgh discussed development plans with the community on Wednesday evening.

Oaklanders receive updates on neighborhood projects

By Vaibhav Gupta, Staff Writer • August 29, 2019

Oakland community members gathered Wednesday night as representatives from three different institutions — Pitt, Shadyside developer Walnut Capital and the Pittsburgh Water and Sewer Authority — provided...

Real estate developer Walnut Capital has made plans to construct a 12-story office building at the intersection of Fifth Avenue and Halket Street.

Walnut Capital to construct building in Oakland

By Alexander Hanna, For The Pitt News • February 8, 2019
Walnut Capital, a Pittsburgh real estate developer, is currently constructing office spaces to advance Oakland and Pittsburgh as a medical and tech capital.
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