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PITTSBURGH-DOC-Economou has unveiled plans for a four-block mixed-use complex to occupy the former Don Allen Auto City site and a few contiguous parcels at Baum and Liberty avenues. John Economou, a principal, tells GlobeSt.com the company paid $18 million for the land, which is slightly more than seven acres, and the all-in cost of development is projected at $230 million.

Baum Liberty

Phil Hugh, also a DOC-Economou principal, tells GlobeSt.com, "the sizes and prices of the multifamily condo spaces is still being determined. It will be a mix of moderate price to high-end luxury," he says, and estimates the prices in that market range between about $270 per sf and more than $400 per sf. DOC-Economou's marketing partner for the residential component is Howard Hanna Real Estate, which is based here and has offices throughout the tri-state area.

The retail component will include a combination of "restaurants and local and national boutique-type retailers," Economou says. "We're not looking for a big box." Locally based Langholz-Wilson Ellis Inc. is handling the commercial marketing effort.

"We're in discussion with a lot of different hotel franchises," Economou adds. "It will be upper end, mid or even extended-stay." The inclusion of medical office space is designed to meet demand for the several neighboring hospitals, and the office space may be office condo or straight rental, according to Economou.