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Faits saillants de l'investissement
- ±0.87-acre assemblage totaling 25 parcels with access from all four sides
- Positioned within a Federal Opportunity Zone near UPMC Mercy, Duquesne University, and Downtown Pittsburgh
- Zoned UPR-A allowing multifamily, mixed-use, office, medical, and retail uses
Résumé de l'annonce
Colliers is pleased to present the opportunity to acquire a 25-parcel assemblage at 1625 Forbes Avenue, located in Pittsburgh’s Uptown neighborhood. Positioned between Downtown Pittsburgh and Oakland along the Forbes Avenue corridor, 1625 Forbes Avenue offers a rare opportunity to develop a large urban site within one of the city’s fastest growing redevelopment corridors.
The assemblage totals approximately 37,899 square feet (0.87 acres) and comprises nearly 83% of a full city block with access from all four sides, allowing flexibility for site planning, circulation, parking, and future development design. Zoned UPR-A (Uptown Public Realm Subdistrict A), the property permits a wide range of uses including multifamily, mixed use, office, medical, institutional, and supporting retail development.
Located approximately one block from UPMC Mercy, 1625 Forbes Avenue sits within a rapidly evolving neighborhood supported by major public and private development activity. Nearby demand drivers include Duquesne University, PPG Paints Arena, Downtown Pittsburgh, and the broader Oakland education and healthcare corridor, creating strong long term demand from students, medical employees, young professionals, and institutional users.
Uptown, commonly referred to as “The Bluff,” continues to emerge as a key connection point between Pittsburgh’s Central Business District and Oakland’s university and medical campuses. Residents and future tenants benefit from walkability, direct public transit access, and convenient connectivity throughout the city via Forbes Avenue, Fifth Avenue, and nearby interstate access. The property is also located along Pittsburgh Regional Transit’s planned Bus Rapid Transit corridor, further supporting future redevelopment and neighborhood growth.
Located within Federal Opportunity Zone #42-003-010300, 1625 Forbes Avenue presents a unique opportunity to develop within one of Pittsburgh’s most active urban growth corridors. For additional information or to schedule a site tour of 1625 Forbes Avenue, please contact the Colliers capital markets team.
For additional information or to schedule a site tour of 1625 Forbes Avenue, please contact the Colliers capital markets team.
The assemblage totals approximately 37,899 square feet (0.87 acres) and comprises nearly 83% of a full city block with access from all four sides, allowing flexibility for site planning, circulation, parking, and future development design. Zoned UPR-A (Uptown Public Realm Subdistrict A), the property permits a wide range of uses including multifamily, mixed use, office, medical, institutional, and supporting retail development.
Located approximately one block from UPMC Mercy, 1625 Forbes Avenue sits within a rapidly evolving neighborhood supported by major public and private development activity. Nearby demand drivers include Duquesne University, PPG Paints Arena, Downtown Pittsburgh, and the broader Oakland education and healthcare corridor, creating strong long term demand from students, medical employees, young professionals, and institutional users.
Uptown, commonly referred to as “The Bluff,” continues to emerge as a key connection point between Pittsburgh’s Central Business District and Oakland’s university and medical campuses. Residents and future tenants benefit from walkability, direct public transit access, and convenient connectivity throughout the city via Forbes Avenue, Fifth Avenue, and nearby interstate access. The property is also located along Pittsburgh Regional Transit’s planned Bus Rapid Transit corridor, further supporting future redevelopment and neighborhood growth.
Located within Federal Opportunity Zone #42-003-010300, 1625 Forbes Avenue presents a unique opportunity to develop within one of Pittsburgh’s most active urban growth corridors. For additional information or to schedule a site tour of 1625 Forbes Avenue, please contact the Colliers capital markets team.
For additional information or to schedule a site tour of 1625 Forbes Avenue, please contact the Colliers capital markets team.
Faits sur la propriété
| Type de vente | Investissement | Sous-type de propriété | Terrain commercial |
| Nombre de lots | 1 | Taille totale du lot | 0,87 AC |
| Type de propriété | Terrain | Zone de développement économique |
Oui
|
| Zonage | UPR-A - (Uptown Public Realm Subdistrict A – Mixed-Use Urban Core), which is specifically intended to encourage mixed-use development. | ||
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Taille totale du lot | 0,87 AC |
| Zone de développement économique |
Oui |
| Zonage | UPR-A - (Uptown Public Realm Subdistrict A – Mixed-Use Urban Core), which is specifically intended to encourage mixed-use development. |
1 Lot disponible
Lot
| Taille du lot | 0,87 AC |
| Taille du lot | 0,87 AC |
1 1
Exceptionnellement accessible à pied
90/100
Très bien adapté aux voitures
80/100
Transports en commun efficaces
80/100
Moyennement accessible en vélo
60/100
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1625 Forbes Ave
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