Tuesday, July 17, 2012

Trib: Study: Extra Mt. Lebanon real estate would cost $36.4M

It would cost about $36.4 million to create 1.2 acres of prime real estate and four stories of parking seemingly in mid-air within Mt. Lebanon’s Uptown business district, according to an engineering study released this week.

Los Angeles-based AECOM studied cost and feasibility of building a pair of steel and concrete “decks” up above the Port Authority light-rail tracks and station that run behind the Washington Road business district, with the idea that developers could build offices, condominiums and retail on the decks. Company representatives presented their findings to the board of commissioners on July 10.

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