Business & Tech

Fifth Avenue Place Getting $20 Million Makeover

The 31-yearold office tower is getting the most significant facelift in its history.

(Rendering via Highmark)

PITTSBURGH, PA - Highmark Health plans a $20 million renovation of its Downtown headquarters, Fifth Avenue Place, that will include enhanced retail and dining options and bring a new "food hall" to the building.

Fifth Avenue Place has served as Highmark’s headquarters since the building’s completion in 1988. The 31-floor skyscraper, which replaced the landmark Jenkins Arcade building, is home to more than 3,000 Highmark Health, Highmark health plan and Allegheny Health Network employees, as well as 16 tenants. The building currently has 100 percent office occupancy and a 72
percent retail occupancy, according to Highmark.

"We are investing in and modernizing a space that has been a community asset for generations, dating back to the days of the Jenkins Arcade," Dan Onorato, Highmark executive vice president of corporate affairs, said in a statement. "With our new investment, this space will continue to
be a community asset in a thriving Downtown region.”

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To see a video of what the renovated space will look like, click on the link.


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