June 19, 2012
Pittsburgh Business Times
The city’s Urban Redevelopment Authority has landed a key $15 million grant from the U.S. Department of Transportation that will jump-start the remaining phases of the Eastside development, which is helping to revitalize the urban border between East Liberty and Shadyside.
Granted through the Transportation Investment Generating Economic Recovery, or TIGER IV, program, the $15 million is to be dedicated to the development of the new East Liberty Transit Center. The project is being pursued in partnership with the Port Authority of Allegheny County and the Mosites Co., along with the URA.
The grant will help to leverage city and state fund that will total $34 million dollars for the major infrastructure investment to bring a new, multi-modal transit center that will serve nearly 1,000 daily bus trips, add new pedestrian and bike amenities and help to spur other nearby transit-oriented development.
Mayor Luke Ravenstahl expects the new funding and the project it will bring will help to continue the revitalization throughout the core of East Liberty.
“This project will connect more people with the $440 million of public and private investment occurring in this growing neighborhood and provide the multi-modal connections that are needed to keep pace with the transformation of East Liberty,