The lease will require McCaffery Interests to dedicate at least 20,000 square feet to the “largely food-centric” market and 40,000 square feet for local and regional businesses.
The 60-page document—with a lengthy list of tangible action items—is meant to be a guide for initiating or accelerating activities to address all kinds of urban challenges.
“After years of high-quality R&D, we’re starting to see stuff commercialize and, as a region, we want to capture that growth and give people more opportunity."
“There is no better place to be a developer right now than in Pittsburgh. If you look at the demographics of the city, we’re not growing but we’re rapidly changing."
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The companies said Argo would develop an autonomous vehicle for production and its technology later could be licensed to other companies.
Mayor Bill Peduto discusses what he hopes to accomplish if Pittsburghers give him a second term.
City planners are gearing up to improve five blocks of Smallman Street around the Produce Terminal.
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“That building will mean a lot to the city and the Strip District if we do it right—and there’s no doubt in my mind that we will," says Dan McCaffery of The Produce Terminal.