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US Steel Corp. Acquiring 191,000 SF for Research Center

MUNHALL, PA-The Pittsburgh-based public company agrees to purchase a building in The Waterfront development here that was built for and leased by Siemens Westinghouse Power Corp. but never occupied.

By Brian K. Miller | Updated on December 06, 2004

MUNHALL, PA-United States Steel Corp. will move its research and technology center in 2006 to a 191,000-sf building it recently acquired here from leased space in the neighboring city of Monroeville, PA. The Pittsburgh-based public company announced Monday it has agreed to acquire the building from Continental Real Estate Inc. The closing is scheduled for Dec. 17. The company’s new home is located at 800 Waterfront Dr. in a development known as The Waterfront that was built on a portion of a 500-acre former US Steel manufacturing plant that was shut down in the mid 1980s and sold in 1988. The building US Steel will be occupying was originally built for and leased by Siemens Westinghouse Power Corporation for the manufacture of fuel cells, but the company never occupied the facility, a US Steel spokesperson tells GlobeSt.com.The building will be modified over the next 12 months to meet US Steel’s requirements. Move-in is scheduled for 2006. Terms of the sale were not disclosed by the parties involved and were not otherwise immediately available.US Steel’s current research and technology center is an older 225,000-sf building at 4000 Tech Center Dr. in Monroeville. The company’s lease runs out in 2006, more or less concurrent with the company’s planned relocation, the spokesperson says.

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