River Vue
River Vue | |
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River Vue building, viewed from the North, May 2013. | |
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Former names | Pittsburgh State Office Building (1957-2010) |
General information | |
Type | Residential building |
Location | Downtown Pittsburgh |
Address |
300 Liberty Avenue Pittsburgh, Pennsylvania |
Coordinates | 40°26′26.4″N 80°0′22.1″W / 40.440667°N 80.006139°W |
Completed | April 26, 1957 |
Renovated | 2010 |
Renovation cost | $45 million (2010-2012)[1] |
Owner |
Commonwealth of Pennsylvania (1957-2010) Millcraft Industries, Inc. (2010-present) |
Technical details | |
Floor count | 16-story |
River Vue is a 16-story apartment building in Downtown Pittsburgh, featuring panoramic views of Point State Park and the confluence of the city's three rivers.[1] The facility has 218 luxury apartments, with 2012 monthly rent reaching $5,500 in the top floors.[1] The newly remodeled building, rechristened River Vue, opened for residents in May 2012.[2] The building was cited by the Wall Street Journal as an example of the renewed livability of Pittsburgh.[3]
The building was originally the Pittsburgh State Office Building, a state-owned office building housing governmental offices.[4] In March 2009, the Commonwealth of Pennsylvania sold the office building to Millcraft Industries of Washington, Pennsylvania.[5] The sale was criticized by Pennsylvania State Auditor General Jack Wagner, who noted that the $4.6 million sale price was half its appriased value.[5] He said that the plan would cost the taxpayers nearly $55 million in leases to move state workers to other buildings.[5] The replacement located include 11 Stanwix Street, 411 Seventh Avenue (the Chamber of Commerce Building), 301 Fifth Avenue (Piatt Place).[6] James Creedon, the secretary of the Pennsylvania Department of General Services, who managed the sale, said that the state saved $14 million by selling the building rather than renovating it.[7]
References
- 1 2 3 Grant, Tim (May 9, 2012). "The week that was for 03/04/12: Business news in review". Pittsburgh Post-Gazette.
- ↑ Erdley, Debra (May 25, 2012). "State building reopens as apartments". Pittsburgh Tribune-Review.
- ↑ Sadovi, Maura Webber (March 13, 2012). "More Living in Steel City". Wall Street Journal.
- ↑ "Pittsburgh State Office Building". Pennsylvania Department of General Services.
- 1 2 3 Stouffer, Rick (August 27, 2009). "Pennsylvania auditor general critical of State Office Building sale". Pittsburgh Tribune Review.
- ↑ "PA agencies begin move from State Office Building in Pittsburgh". Pittsburgh Business Times. December 18, 2009.
- ↑ Spatter, Sam (July 30, 2010). "Ex-State Office Building to be apartment units". Pittsburgh Tribune Review.