Lawrenceville, Business and Real Estate Investment Opportunities in Pittsburgh Neighborhood

Invest in Lawrenceville: Get in on the ground floor

Lawrenceville is home to some of the region’s biggest new real estate developments, including the new Children’s Hospital of Pittsburgh campus and the re-development of the Heppenstall mill site. The Lawrenceville buzz has been building since the launch of our 16:62 Design Zone program, but there are still lots of opportunity to stake your claim on affordable property and take part in our neighborhood’s comeback.

Lawrenceville Wish List:

Property owners who love the challenge of restoration and renovation

A reliable dry cleaner

A good old-fashioned newsstand

An independent bookseller that welcomes browsers

We scream for ice cream!

Ethnic and family restaurants

A specialty, organic grocery store

Sandy Simon, owner of Kiln-N-Time: "People here have welcomed me and my business with open arms."

Butler Street Commercial Property Median Sales Price:

2004: $62,000
2005: $56,500
2006: $112,000
2007: $143,150
Source: Real Stats

Penn Avenue Commercial Property Median Sales Price:

2004: Not Available
2005: $160,000
2006: $81,250
2007: $207,500
Source: Real Stats

Mainstreets Pittsburgh is a program of the Urban Redevelopment Authority and is funded in part by the City of Pittsburgh, Mayor Luke Ravenstahl, and the Pennsylvania Department of Community and Economic Development.

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