Apartments at River View is a 16-story apartment building in
Downtown Pittsburgh, featuring panoramic views of
Point State Park and the confluence of the city's three rivers.
The facility has 218 luxury apartments, with 2012 monthly rent reaching $5,500 in the top floors.
The newly remodeled building, rechristened Apartments at River View, opened for residents in May 2012. The building was cited by the
Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
as an example of the renewed livability of
Pittsburgh
Pittsburgh ( ) is a city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, United States, and the county seat of Allegheny County, Pennsylvania, Allegheny County. It is the most populous city in both Allegheny County and Wester ...
.
The building was originally the Pittsburgh State Office Building, a state-owned
office building
An office is a space where an organization's employees perform administrative work in order to support and realize objects and goals of the organization. The word "office" may also denote a position within an organization with specific dut ...
housing governmental offices. In March 2009, the
Commonwealth of Pennsylvania sold the office building to
Millcraft Industries
Millcraft Industries, Inc. is a real estate and development company based in the Pittsburgh suburb of Cecil Township, Pennsylvania.
History
Millcraft began as a steel production company before expanding into real estate. In 2005, following a ...
of
Washington, Pennsylvania.
The sale was criticized by
Pennsylvania State Auditor General
The Pennsylvania auditor general is the chief fiscal officer of the Commonwealth of Pennsylvania. It became an elected office in 1850. The current auditor general of Pennsylvania is Republican Timothy DeFoor.
History
The office of the auditor ...
Jack Wagner, who noted that the $4.6 million sale price was half its appraised value.
He said that the plan would cost the taxpayers nearly $55 million in leases to move state workers to other buildings.
The replacement located include
11 Stanwix Street
11 Stanwix Street, formerly known as Westinghouse Tower, is one of the major distinctive and recognizable features of Downtown Pittsburgh, Pennsylvania, USA. The tower was originally built and named for the Westinghouse Electric (1886), Westingho ...
, 411 Seventh Avenue (the Chamber of Commerce Building), 301 Fifth Avenue (Piatt Place).
James Creedon, the secretary of the
Pennsylvania Department of General Services, who managed the sale, said that the state saved $14 million by selling the building rather than renovating it.
References
Residential buildings completed in 1958
Residential skyscrapers in Pittsburgh
Apartment buildings in Pennsylvania
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