The Reinvention of Downtown Pittsburgh

The Reinvention of Pittsburgh Downtown MORE THAN IN 2014, PITTSBURGH WAS NAMED THE MORE THAN 37 DEVELOPMENT PROJECTS VALUED AT "BEST OPPORTUNITY CITY 40% $2.1 BILLION $526 MILLION OF THE INVESTED DOLLARS ARE HAS BEEN INVESTED IN DOWNTOWN FOCUSED SOLEY ON RENOVATIONS OR OVER THE LAST FIVE YEARS. WERE ANNOUNCED WITH ALMOST HALF CONSERVATIONS OF OLDER BUILDINGS. LOCATED IN THE GOLDEN TRIANGLE. BY FORBES MAGAZINE IN 2014 INVESTMENTS & URBAN DEVELOPMENT MAJORITY OF INVESTMENT DOLLARS BY SECTOR 10% HOTELS AND ENTERTAINMENT 30% TRANSPORTATION 23% OFFICE AND RETAIL 30% EDUCATION AND CIVIC 01% PARKS AND TRAILS ENVIRONMENT & SUSTAINABILITY OVER 62% OF ALL LEED CERTIFIED SPACES IN THE PITTSBURGH REGION ARE LOCATED IN GREATER DOWNTOWN 01 500/440 SIDEWALK PLANTERS & HANGING BASKETS 02 47.25 ACRES OF PARK SPACE 03 13 MILES OF RIVERFRONT TRAILS $80,372 04 59°/40° AVERAGE DAILY TEMPERATURE TOTAL ANNUAL BENEFITS FROM STREET TREES IN THE CENTRAL BUSINESS DISTRICT HEALTHY RIDE PGH IN MAY 2015, PITTSBURGH BIKE SHARE LAUNCHED HEALTHY RIDE - ACTIVE TRANSPORTATION OPTION FOR RESIDENTS, STUDENTS AND VISITORS OF PITTSBURGH USERS,ONE TIME OR REGISTERED, MAY TAKE A BIKE FROM A DOCKING STATION AND RETURN IT TO ANY OTHER STATION WITHIN THE SYSTEM HEALTHY RIDE PROVIDES 500 NEXTBIKE MANUFACTURED BICYCLES 50 BIKE-SHARING STATIONS WILL BE INSTALLED THROUGHOUT THE CITY, 16 OF WHICH WILL BE LOCATED IN THE GREATER DOWNTOWN AREA CULTURE, ENTERTAINMENT & SPORTS ANNUAL VISITATION TO GREATER DOWNTOWN ART >>>>>>> <<<<<< TRIPADVISOR RANKED PNC PARK THE TOP BALLPARK GALLERIES INCREASED BY 19% IN THE COUNTRY BETWEEN 2013 AND 2014 POINT PARK UNIVERSITY'S PITTSBURGH PLAYHOUSE SET TO OPEN IN 2017, THIS IT IS EXPECTED TO ATTRACT ABOUT 60,000 NON-STUDENT PATRONS ON AN ANNUAL BASIS, 92,000 SQ. FOOT STRUCTURE WILL OCCUPY 1.6 ACRES ALONG FORBES AVE. THIS UNIQUE AND IT'S ESTIMATED ECONOMIC FACILITY HAS BEEN DESIGNED OUTPUT IN ITS FIRST FIVE YEARS TO PROVIDE A VIEW INTO 100% IS $74 MILLION. OF THE CREATIVE PROCESS: A 24/7 OPERATION. SPORTS VENUE ATTENDANCE CULTURAL & ENTERTAINMENT ATTENDANCE TOTAL ECONOMIC IMPACT OF THE ARTS 4.9 MILLION 3.0 MILLION $252 MILLION ART GALLERY & EXHIBITION ATTENDANCE IN GREATER DOWNTOWN 2013 2014 20 20 15 – 15 10 5K 10K 15K 20K 25K 30K 5K 10K 20K 25K 30K ATTENDANCE ATTENDANCE PENN GALLERIES FUTURE TENANT: A SPACE FOR ART SPACE GALLERY WOOD STREET GALLERIES DINING GREATER DOWNTOWN HAS 42% OF THE 295 DINING ESTABLISHMENTS LOCATED DOWNTOWN HAVE OPENED SINCE THE BEGINNING OF 2010 95 OUTDOOR DINING CAFES GREATER DOWNTOWN DINING ESTABLISHMENTS PITTSBURGH IS ONE OF THE TOP 10 AFFORDABLE FOODIE CITIES ACCORDING TO WALLETHUB FULL SERVICE 44% QUICK SERVICE 39% COFFEE SHOPS 10% BARS & NIGHTLIFE 06% BAKERIES 01% 10 IN 2014 ALONE, 23 DINING ESTABLISHMENTS OPENED IN GREATER DOWNTOWN. THIS IS A 67% INCREASE COMPARED TO THE PRIOR YEAR SOURCE HTTP://WWW.DOWNTOWNPITTSBURGH.COM/_FILES/DOCS/2015_SODP-FINAL.PDF DOUBLETREE BY HIL TON NUMBER OF EXHIBITIONS NUMBER OF EXHIBITONS