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$100M Mixed-Use Project Gets State Support

PITTSBURGH-The Pennsylvania Department of Environmental Protection is providing $1 million to help in removing asbestos and other hazardous construction materials from the building.

By Alex Finkelstein | Updated on February 12, 2007

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PITTSBURGH-On Friday Gov. Ed Rendell announced the Department of Environmental Protection is providing $1 million to help remove asbestos and other hazardous construction materials from the former seven-story Nabisco bakery building in East Liberty. The bakery has been shuttered since 1998 and is being redeveloped by Walnut Capital Partners into a $100 million mixed-use community.

It is estimated that the asbestos removal process will cost $1.3 million. The bakery site is part of the 6.5-acre tract where Walnut Capital plans to break ground by fall on its mixed-use venture designed to house 223,000 sf of office space, 165,000 sf of retail, a 120-room hotel, a 1,200-car garage, 38 residential condominiums and a 38,810-sf fitness center. The project is expected to create 1,600 new jobs.

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