PITTSBURGH – The Pittsburgh City Planning Commission on Tuesday approved the first phase of development of the Lower Hill District, the 26-story financial hub of the First National Bank.
According to a press release, the FNB Tower will “generate over $ 50 million in specific benefits for the Hill District community” and pump millions of dollars into the region through construction contracts.
The project will include a mixed-use building with offices, retail space, on-site parking, public spaces and plazas.
“The iconic new headquarters of the First National Bank is the main catalyst to usher in development phases and waves of reinvestment in the community,” the press release said.
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The development will encompass the former site of the Civic Arena opposite the PPG Paints Arena. The new $ 230 million FNB financial center is the first part of the project.
People will have the option to apply for a position to work on the project when the Lower Hill First Source Employment Opportunity Center opens later in May.
The groundbreaking should take place this summer and the project should be completed by 2024.
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