 | |
| Type | Commercial real estate |
|---|---|
| Headquarters | Cecil Township, Pennsylvania, U.S. [1] |
Key people | Jack B. Piatt (chairman) [2] |
| Website | millcraftideas |
Millcraft Industries, Inc. is a real estate and development company based in the Pittsburgh suburb of Cecil Township, Pennsylvania.
Millcraft began as a steel production company before expanding into real estate. [3] In 2005, following a deal with Hilton Hotels and an expanding commercial real estate business, Millcraft formally exited the steel industry. [1]
The company has a strong presence in Western Pennsylvania. [1]
In 2012, the Wall Street Journal praised Millcraft's River Vue apartment building as being part of a renewed push for livability in Downtown Pittsburgh. [4]
In 2008, Millcraft CFO Brian Walker, won the Pittsburgh Business Times CFO of the Year award in the "Large private company" category. [5] The award was largely the result of Walker's ability to use the New Markets Tax Credit Program to finance previously impossible projects in Downtown Pittsburgh. [5]
In March 2009, Millcraft purchased the Pittsburgh State Office Building. [6] The sale was criticized by Pennsylvania State Auditor General Jack Wagner, who noted that the $4.6 million sale price was half its appraised value. [6] He said that the plan would cost the taxpayers nearly $55 million in leases to move state workers to other buildings. [6]
The company owns and developed the Southpointe complex and "The Crossroads Project," a $100 Million renovation of the streets of Downtown Washington, Pennsylvania. [2]
The company is developing a $700 million mixed-use project called the Esplanade. [7] The project is to be located on the Ohio River in the North Side neighborhood of Pittsburgh, Pennsylvania, with development plans including a Ferris Wheel, man-made lake and four towers that will include a hotel, condominiums and apartments.
Downtown is a term primarily used in North America by English speakers to refer to a city's sometimes commercial, cultural and often the historical, political, and geographic heart. It is often synonymous with its central business district (CBD). Downtowns typically contain a small percentage of a city's employment. Often times downtowns are surrounded by lower population densities and lower incomes than suburbs. In some metropolitan areas it is marked by a cluster of tall buildings, cultural institutions and the convergence of rail transit and bus lines. In British English, the term "city centre" is most often used instead.
BNY Mellon Center is a 55-story skyscraper located at 500 Grant Street in downtown Pittsburgh, Pennsylvania. Standing 725 ft (221 m) tall, it is the second-tallest building in the city. Announced on March 27, 1980, the tower was completed in June 1984. It was initially planned to be the world headquarters of the Dravo Corporation by its majority owner at the time and current neighbor U.S. Steel until Dravo was purchased in 1983. Upon opening, the building was named One Mellon Center after Mellon Financial Corporation, which used the tower as the company's global headquarters. In 2007, the company merged with Bank of New York to form The Bank of New York Mellon; the resulting corporation continues to use the building as one of its major offices. In 2008, the building was renamed to its current moniker as part of a branding initiative by The Bank of New York Mellon.
The St. Regis Toronto is a mixed-use skyscraper located in the downtown core of Toronto, Ontario, Canada. It was built by Markham-based Talon International Development Inc., which is owned by Canadian businessmen Val Levitan and Alex Shnaider. The hotel portion of the building is owned by InnVest Hotels LP, which acquired it in 2017.
Pinnacle Entertainment, Inc. was an American gambling and hospitality company. It was acquired by Penn National Gaming in 2018. At the time of acquisition, it operated sixteen casino properties, located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Pennsylvania, and Ohio, and a horse track in Texas.
Isle of Capri Casinos, Inc. was a gaming company headquartered in Creve Coeur, Missouri in Greater St. Louis which operated casinos and associated entertainment and lodging facilities in the United States.
East Liberty is a neighborhood in Pittsburgh, Pennsylvania's East End. It is bordered by Highland Park, Morningside, Stanton Heights, Garfield, Friendship, Shadyside and Larimer, and is represented on Pittsburgh City Council by Councilwoman Deborah Gross and Rev. Ricky Burgess. One of the most notable features in the East Liberty skyline is the East Liberty Presbyterian Church, which is an area landmark.
Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gambling. It operates 43 properties in 20 states, under brands including Hollywood Casino, Ameristar, and Boomtown. It also offers sports betting in 15 jurisdictions and online casino gaming in 5, under brands such as ESPN BET and theScore.
Oxford Development Company is a real estate firm based in Pittsburgh, Pennsylvania, providing real estate development, property management, brokerage services, investment advisory services, and business operations. In 2021, it was listed as the largest commercial property manager in the Pittsburgh metropolitan area with 13,177,043 sq ft (1,224,187.4 m2) of leaseable space. Likewise, it is one of the largest real estate firms in Pennsylvania.
Forest City Realty Trust, Inc., formerly Forest City Enterprises, was a real estate investment trust that invested in office buildings, shopping centers and apartments in Boston, Chicago, Dallas, Denver, Los Angeles, Philadelphia, and the greater metropolitan areas of New York City, San Francisco and Washington, D.C. The company was organized in Maryland with its headquarters in Cleveland, Ohio. As of December 31, 2017, the company owned 29 office buildings, 29 shopping centers, and 78 apartment complexes. On December 7, 2018, the company was acquired by Brookfield Asset Management.
Silverstein Properties, Inc. is a family held, full-service real estate development, investment and management firm based in New York City. Founded in 1957 by Chairman Larry Silverstein, the company specializes in developing, acquiring, and managing office, residential, hotel, retail, and mixed-use properties. The firm is New York City's fifth-largest commercial landlord.
Gale International is a privately owned real estate development company based in New York City. With roots dating back to 1922, the company is active in North America and Asia, specializing in city-scale, commercial, mixed-use, and golf course developments.
The Henry W. Oliver Building is a 25-story, 106 m (348 ft) skyscraper at 535 Smithfield Street, across from Mellon Square in Pittsburgh, Pennsylvania. The building was designed by Daniel Burnham and built in 1908–1910, consisting of a stone and terra cotta facade over a steel frame. It cost $3.5 million
525 William Penn Place is a skyscraper located in downtown Pittsburgh, Pennsylvania. It was completed in 1951 for the Mellon National Bank and the U.S. Steel Corporation. At 520 feet (160 m) tall, it was the second-tallest building in Pittsburgh until 1970, and the third-tallest until 1984. The building has 41 floors and approximately 950,000 square feet (88,000 m2) of office space. Presently it is the third-largest office building by square feet in downtown Pittsburgh. In 2016, BNY Mellon sold the building for $67.65 million.
Thor Equities is a real estate development, leasing and management firm, with headquarters in New York City, London and Mexico City. Thor Equities owns property in the United States, Canada, Europe, Russia, India and Latin America, including London's historic Burlington Arcade and the Palmer House Hilton. In New York City, Thor owns retail, office and residential properties on Fifth Avenue and Madison Avenue as well as in SoHo, Flatiron, the Meatpacking District, and Brooklyn including Coney Island. Thor also has investments in major U.S. cities including San Francisco's Union Square; Georgetown in Washington, D.C.; Robertson Boulevard in West Hollywood; Collins Avenue; Lincoln Road; Wynwood and the Design District in Miami. Thor offers investment vehicles for institutional investors through its Thor Urban Property Funds. Thor Equities also has several subsidiary companies including retail advisory and tenant representation firm Thor Retail Advisors.
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 as an example of the renewed livability of Pittsburgh.
Chatham Center is a 5.5 acre commercial and residential building complex located within Downtown Pittsburgh. It is bounded by the Interstate 579 on the west, Centre Avenue on the north, Washington Place on the east, and Fifth Avenue to the south. Comprising a 2,200 car parking garage, Marriott Hotel, residential condominium building, and office and retail space, Chatham Center is a located adjacent to PPG Paints Arena and Duquesne University nearby.
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of December 2022, the company owned 5,495 buildings comprising about 1.2 billion square feet in 19 countries across North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves about 6,600 tenants. Prologis began to expand its non-real estate business, Essentials, in 2022, offering customers solar power, racking systems, forklifts, generators, and EV charging infrastructure. and other logistics tech equipment for purchase.
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 57 casino properties, all of which are leased to other companies.
OliverMcMillan, established in 1978, is a private real estate development firm based in San Diego, California. It creates mixed-use retail, entertainment, and residential projects, both privately and through public-private partnerships with public entities and redevelopment agencies across the U.S. OliverMcMillan has received four national industry design awards and more than 50 regional industry design awards over the past 35 years. The firm has designed and developed more than eight million square feet of projects, with a total project value exceeding $3 billion. As of 2014, OliverMcMillan has approximately $2 billion in real estate projects under development in major U.S. cities, including Houston, San Diego, Honolulu, Atlanta and Phoenix.
