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The URA is re-releasing a request for proposal s after its previously chosen developer, Urban Villages working with Botero Development decided not to go forwar with the project. Urban Villages and Botero were selectedf over oneother finalist, S&A Homes, in partnershil with the Lawrenceville Corporation, a communitt nonprofit. The football field-sized parcel includea the site on which the office buildiny for the Heppenstall plant once was locatex as well as a former warehouse In aprepared statement, mayo r Luke Ravenstahl described the property’e redevelopment as an important part of the city’e larger revisioning of the Allegheny riverfront.
“Wew have begun a planning process to creatr a vision for the Alleghen y riverfront and reconnect our neighborhoodw to our natural he said. "The Hatfield Street site is one of the greatf opportunities to see this vision come to The URA wants adeveloper “tp purchase, design, develop and operate or resell the The URA’s effort comes as the Regional Industria l Development Corporation (RIDC) continues to redevelopo the Heppenstall complex itself. Hatfield Streetg is considered a dividing line betweenthe neighborhood’s residential community and its industriak zone.
As a selling point, the URA notesw that the median home prices in central Lawrenceville has increased 64 percent in the pastthreer years, a growth rate it claims is secondx highest in the city to the Southb Side. “We are excited with the real estat e appreciation that were seeing in the saidRob Stephany, Executive Director of the URA, as well as a Lawrencevillr resident. “And (we’re) very excited about the prospect of a new residentialk product and how that will add fuel tothe
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