FT: Pittsburgh’s Lawrenceville “A Diamond in the Rust”

This recent Financial Times story is singing the praises of Pittsburgh’s Lawrenceville, an up and coming trendy neighborhood.

The challenge: “attracting new, affluent buyers while also retaining ‘mom-and-pop retailers’ and keeping house prices low will be difficult.”

For people who aren’t familiar with one of my favorite Pittsburgh neighborhoods, “Lawrenceville stretches long and relatively narrow along the southern bank of the Allegheny River, just minutes to the north-east of Pittsburgh’s city centre, and is bounded to the south by the high ground above the river valley. It is an old area, with housing that reflects its former role as a dormitory town for the workforce of the industries that lined the riverbank when the city was engaged in national steel production.”

-KG

1 Comment

Filed under Economic Development, Real Estate

One response to “FT: Pittsburgh’s Lawrenceville “A Diamond in the Rust”

  1. Pingback: GLUEspace » Blog Archive » Thursday Rust Wire News Round-up

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