Burns Scalo Repositions and Begins Renovation of 225 North Shore Drive
April 19, 2023 | BSRE
PITTSBURGH, PA – Burns Scalo Real Estate (BSRE) Pittsburgh’s leading privately-owned commercial real estate firm has announced the rebranding and commencement of a series of renovations at 225 North Shore – next to PNC Park and home to the North Shore’s only white table-clothed restaurant, Hyde Park.
As part of the repositioning, BSRE has renamed the property, ‘The Cascade’- an ode to its riverfront location, and to elevate the property’s place in the marketplace. The major renovations include the addition of a first-floor Convive Coffee and a complete lobby renovation, including high-end upgraded finishes, comfortable soft seating, gorgeous placemaking artwork, and an eye-catching freeze-dried moss landscape framing the concierge desk. Both Convive Coffee and the lobby upgrade plan to open in the summer of 2023.
The repositioning comes at a time when tenants in the Pittsburgh market continue the trend of flight to quality. “Our name is synonymous with operating the highest quality office properties in the market, and there is no better time to make this investment. We understand what a refreshed environment can do for those organizations calling people back to the office,” said BSRE CEO Jim Scalo.
The activity at The Cascade reflects the extraordinary renaissance on the North Shore, coined Pittsburgh’s ‘Entertainment District’. Ultra-premium sports bar Tom’s Watch Bar has committed to more than 7,400 square feet next door to The Cascade. At the same time, Continental Real Estate Companies has begun constructing a six-story mixed-use building with over 100 units planned.
News broke earlier this month regarding plans by HiLife Hospitality to develop and operate a 15,200-square-foot “eatertainment concept,” occupying the first floor of a new six-story mixed-use building and an adjoining 30,000-square-foot outdoor plaza.
“The continued additional new attractions and attention in the North Shore prove this fringe market is the place to be. Highlights include significantly discounted parking, walkable restaurants and amenities, riverfront trails, and easier access to all quadrants of the city compared to Downtown.” said Ruby Scalo, Senior Broker Advisor.
Additionally, In March, RDC Design+Build received approval to move forward with its plan to build a 305 units multifamily building with a rooftop bar, lounge, and swimming pool and a proposal for 2,000 square feet of street-level.
The Cascade is a Class A riverfront office building that delivers stunning views of Downtown Pittsburgh and Point State Park, home to the North Shores only and paramount access to the energized North Shore Entertainment District. The property is the only office building in the North Shore with integrated parking included in the base rent with direct elevator access into each suite.
About Burns Scalo Real Estate
Burns Scalo Real Estate is the local leader in identifying and creating dynamic development opportunities. We believe that better places create better lives —and in doing so—we transform spaces, businesses, and the communities we serve. The organization’s development, brokerage, and management services unify to create spaces that people want to come to, not just have to.