Downtown Pgh Real Estate

Downtown Pittsburgh, colloquially referred to as the Golden Triangle, and officially the Central Business District, is the urban downtown center of Pittsburgh. It is located at the confluence of the Allegheny River and the Monongahela River whose joining forms the Ohio River. The "triangle" is bounded by the two rivers. The area features offices for major corporations such as PNC Bank, U.S. Steel, PPG, Bank of New York Mellon, Heinz, Federated Investors and Alcoa. It is where the fortunes of such industrial barons as Andrew Carnegie, Henry Clay Frick, Henry J. Heinz, Andrew Mellon and George Westinghouse were made. It contains the site where the French fort, Fort Duquesne, once stood.

Districts
Downtown contains a wealth of historic, cultural, and entertainment sites. While most people still consider the entire Downtown as one neighborhood, there are several significant subdistricts within the Golden Triangle.
The Pittsburgh Central Downtown Historic District is a historic district in the central business district. It is bounded by Wood Street, Forbes Avenue, Grant Street, and Liberty Avenue. It was listed on the National Register of Historic Places (NRHP) on December 17, 1985.[8]
Point State Park area: At the triangle's tip is Point State Park with its giant fountain and the Fort Pitt Museum. This park was the original site of both Fort Duquesne by the French and the subsequent Fort Pitt by the British.
The Cultural District along Penn and Liberty avenues on the Allegheny River includes numerous theaters, galleries, and concert halls including Heinz Hall, Byham Theater, O'Reilly Theater, Benedum Center, and Wood Street Galleries as well as restaurants and housing. The Penn-Liberty Historic District encompasses the Penn & Liberty avenue corridor in the Cultural District.
The Fifth & Forbes Corridor is Downtown's shopping district along Fifth and Forbes avenues and includes historic Market Square. Downtown is home to numerous independent retailers plus large retailers such as Burlington Coat Factory and Brooks Brothers.
The Grant Street area is the seat of Pittsburgh's and Allegheny County's government and is also a prestigious corporate address with many of the city's tallest skyscrapers.
The Firstside neighborhood along the Boulevard of the Allies and Fort Pitt Boulevard adjacent to the Monongahela River is an educational and residential district. It is home to Point Park University and the Art Institute of Pittsburgh both of which have high-rise student housing in the neighborhood. Numerous other residential projects are also under construction in this neighborhood.


Locations

The Central Business District is bounded by the Monongahela River to the south, the Allegheny River to the north, and I-579 (Crosstown Boulevard) to the east. An expanded definition of Downtown may include the adjacent neighborhoods of Uptown/The Bluff, the Strip District, the North Shore, and the South Shore.


Information provided by https://en.wikipedia.org/
Listed by: RE/MAX SELECT REALTY
Listed by: KELLER WILLIAMS REALTY
Listed by: PIATT SOTHEBY'S INTERNATIONAL REALTY

Downtown Pgh - Town vs. County Stats

Avg Price in Downtown Pgh: $697,300 / County Avg $343,400

203%

Avg Taxes in Downtown Pgh: $8,200 / County Avg $3,500

236%

Avg Sq. Ft. in Downtown Pgh: 1,480 / County Avg 1,684

88%

Avg Price per/sqft in Downtown Pgh:$471 / County Avg $204

231%

Avg Walkscore in Downtown Pgh: 91 / County Avg 53

172%

Avg Year Built in Downtown Pgh: 1966 / County Avg 1941

101%

Avg Days on Website in Downtown Pgh: 107 / County Avg 82

130%

Downtown Pgh Real Estate Market Health

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