24-Story Office Tower Planned For Old Civic Arena Site

PITTSBURGH, PA -First National Bank will be the anchor tenant of a new $200 million, 24-story office building that will be a key component of the redevelopment of the former Civic Arena site.

The FNB Financial Center will have 387,00 square feet of office space, as well as 20,000 square feet of dining, fitness, entertainment and retail. The development will include a 100-space parking garage and an 1,800-square-foot FNB branch.

Also planned is an upper floor of amenity space with a state-of-the-art gym, clubhouse, conference area and outdoor terraces. The site also will feature 2.5 acres of public open space with retail kiosks and signature design elements.

The development will be located at the corner of Washington Place and Bedford Avenue.

According to an FNB release, construction is slated to begin in the fall of 2020, with completion targeted for mid-2022.

FNB has signed a 20-year lease to rent 160,000 square feet - more than 40 percent - of the building's office space. The bank currently is headquartered on the North Shore.

The building is expected to jump-start development at the arena site, which has been stalled since U.S. Steel backed out of plans to construct a new headquarters at the site in 2015.

In addition to the new office tower, the $1 billion redevelopment of the property is expected to include housing, offices, retail, a music venue, food hall, hotel and an 850-space parking garage.