Saturday, December 20, 2008

McCandless project to include offices, big-box retail, hotel

Construction of the first phase of the $120 million McCandless Crossing in McCandless will include a big box retailer, a 123-room hotel, 200,000 square feet of office space and a restaurant.

Details of the development, to span the east and west sides of McKnight Road near LaRoche College, were outlined by Jeffrey A. Mills, of Pepper Hamilton LLP, legal adviser to developer AdVenture Development LLC of McCandless, whose president is Kevin Dougherty.

"About 100,000 square feet of offices will be for a medical facility to accommodate physicians from nearby UPMC Passavant, with the remainder general office uses," Mills said.


The initial phase of the 130-acre complex, to be built on the west side of McKnight, could be completed by the summer of 2010, and the second and final phase, on the east side of McKnight, will be started either that year or in 2011, he said.

The overall development will consist of 1 million square feet and include a town center, an entertainment area with a cinema and possibly residential units.

Mills spoke before the Redevelopment Authority of Allegheny County, which on Thursday authorized the county's Department of Economic Development to seek up to a $10 million grant from the state's infrastructure improvement program.

The grant would finance debt payments on the costs of roads and other infrastructure at the site.



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