Search
 

Cancer Center Sparks Shadyside Land Grab

PHILADELPHIA-The $104-million, 335,000-sf Hillman Cancer Center, near completion in Pittsburgh's upscale Shadyside neighborhood, is sparking a land grab and driving additional development throughout the area. Locals recall earlier explosive growth of commercial real estate around its Ohio neighbor's Cleveland Clinic.

By Marita Thomas | Updated on June 19, 2002

PHILADELPHIA-The Pittsburgh real estate community is witnessing a land grab in the Shadyside-East Liberty-Bloomfield corridor as the $104-million, 335,000-sf Hillman Cancer Center and its adjacent 200,000-sf administrative building reach completion. Both buildings are expected to open in early 2003.

The center is expected to employ 800 clinicians and researchers and draw an estimated 50,000 patients a year.

A $17-million, 132-room Courtyard by Marriott is currently under construction near Hillman. It is being developed by a group of investors headed by Richard Voelker, the owner of Don Allen Chevrolet.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.