Greater Pittsburgh Chamber of Commerce

10/25/2024 | Press release | Distributed by Public on 10/25/2024 09:51

Statement regarding Governor Shapiro’s Announcement on Investments in Downtown Pittsburgh Revitalization Efforts

The Allegheny Conference on Community Development offers the following perspective on this investment and how continued public-private partnerships will help to reimagine the future of downtown Pittsburgh.

"This announcement demonstrates Pittsburgh's positive momentum. As public and private sector leaders, we are using our collective power and expertise to unlock opportunities for a reimagined downtown," said Stefani Pashman, CEO of the Allegheny Conference on Community Development.

"Throughout the past several months, we have taken immediate action to stabilize downtown through programmatic investments in health and public safety, identify sustainable solutions to maintain those investments and reposition our real estate market for a new mix of residential and commercial uses. When we launched the initial public realm vision in June, we knew there was so much more that needed to be done - and coming back today with a more robust strategy and vision for the future is a testament to our drive to move downtown forward.

"It's not enough to focus on one element of revitalization. Together, we are tackling housing needs, clean and safe efforts, economic development, and reimagining civic spaces - all with the goal of creating a downtown neighborhood for all. We must seek to repurpose real estate and rethink the built environment to enable entrepreneurs, diverse start-ups, and growing businesses to locate and flourish in downtown Pittsburgh. This renewed economic development strategy, coupled with office-to-residential conversion projects and catalytic public realm projects, will transform downtown Pittsburgh into a welcoming and vibrant neighborhood for which we can all be proud."