The financing consortium was led by First Commonwealth Bank--of Indiana, PA--and also included Ameriserv Financial, First United Bank, The ERECT Fund, S&T Bank, Tri-State Capital Bank, Parkvale Savings Bank and WesBanco Bank. The $107.5 million provided does not make up the project's total cost, which management has not revealed.

Dick's is moving from its current Pittsburgh headquarters, which is at 300 Industry Dr., just southeast of the airport. The new project is northwest of the current HQ, on the west side of the site.

Horizon, based in Canonsburg, PA, operates about two million square feet of various commercial properties throughout Southwestern Pennsylvania. Company executives hope to start next year on the retail portion of Southpointe Town Center, a three-million-square-foot mixed-use center, in Canonsburg.