RealShare Philadelphia comes to the Crystal Tearoom in Philadelphia on March 7.

PITTSBURGH, PA-Pennrose Properties and Ralph A. Falbo will begin opening their new “suburban-in-the-city” rental community here in mid-April – a six-building development in the Squirrel Hill neighborhood.

The Gateway at Summerset is set within the Summerset at Frick Park planned development. Its first 131-unit, three-story building opens next month, and five more buildings will be delivered monthly starting in May.

The first apartment building, at 1876 Parkview Boulevard, has 52 one-bedroom and 79 two-bedroom units with an average of 954 square feet.

The Gateway at Summerset's site overlooks the Monongahela River in

Squirrel Hill. The community has been designed with a traditional neighborhood look, including sidewalks and lawns, but it is set within minutes of

Pittsburgh's business and cultural centers, universities, and hospitals.

“The appeal of suburban upscale living in the city is what led us to develop The

Gateway at Summerset,” said Mark Dambly of Pennrose. “The

community offers residents the charm of a small-town, while positioned just a

short drive to downtown Pittsburgh's nightlife, entertainment and restaurants.”

The apartments have 9-foot ceilings, open floor plans, a custom-paint

program, stainless steel appliances, breakfast bars, programmable thermostats,

balconies, walk-in closets, and a full-sized washer and dryer in every

unit.

The development's amenities include a community center with catering kitchen, fitness center, pool, playground and a half basketball court, as well as small parks and walking trails.

The property was co-developed by Ralph A. Falbo, who has created more than 4,100 units in the region. Philadelphia-based Pennrose is a major developer of both market-rate and affordable housing in the eastern United States.

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

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.